% of shares outstanding is not shown for FTRB: this is a fund line, and we hold no cover-page share count for it at any quarter — a fund's shares outstanding move with creations and redemptions rather than with issuance and buybacks, and it is not the SEC cover-page count this percentage is defined against. The figure is withheld rather than computed against a count that does not exist. Holder share counts are shown as filed.
Crowding percentile withheld — no market cap for FTRB in the served universe — the cohort is size-matched, and an unmatched percentile would compare a micro-cap register to a mega-cap one.
| # | Holder | Shares | Value | % of shares out | Δ QoQ |
|---|---|---|---|---|---|
| 1 | Hills Bank & Trust Co | 2,842,5682.8M | $71M | — | ADD 8% |
| 2 | TRUIST FINANCIAL CORP | 2,554,7002.6M | $64M | — | ADD 8105% |
| 3 | BENJAMIN EDWARDS INC | 1,460,7331.5M | $37M | — | NEW |
| 4 | RAYMOND JAMES FINANCIAL INC | 1,279,9831.3M | $32M | — | ADD 18% |
| 5 | Broadway Wealth Solutions, Inc. | 1,115,4761.1M | $28M | — | ADD 8% |
| 6 | Retirement Planning Group, LLC | 853,548853,548 | $21M | — | TRIM -14% |
| 7 | ENVESTNET ASSET MANAGEMENT INC | 806,647806,647 | $20M | — | — |
| 8 | Wilkerson Advisory Group LLC | 594,257594,257 | $15M | — | ADD 7% |
| 9 | Schneider Downs Wealth Management Advisors, LP | 519,715519,715 | $13M | — | ADD 14% |
| 10 | GTS FINANCIAL, LLC | 500,936500,936 | $13M | — | NEW |
| 11 | Platform Technology Partners | 480,861480,861 | $12M | — | ADD 5% |
| 12 | OSAIC HOLDINGS, INC. | 461,805461,805 | $12M | — | ADD 10% |
| 13 | MML INVESTORS SERVICES, LLC | 441,589441,589 | $11M | — | TRIM -20% |
| 14 | Allegheny Financial Group | 364,934364,934 | $9M | — | ADD 9% |
| 15 | FOCUSED ALPHA, LLC | 316,932316,932 | $8M | — | ADD 3040% |
| 16 | Beaumont Financial Advisors, LLC | 274,316274,316 | $7M | — | ADD 191% |
| 17 | RMR Wealth Builders | 235,346235,346 | $6M | — | ADD 13% |
| 18 | WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 233,785233,785 | $6M | — | ADD 56% |
| 19 | Integrated Wealth Concepts LLC | 211,798211,798 | $5M | — | NEW |
| 20 | Quantum Portfolio Management LLC | 208,911208,911 | $5M | — | ADD 4% |
| 21 | COMMONWEALTH EQUITY SERVICES, LLC | 183,591183,591 | $5M | — | — |
| 22 | Signature Equity Partners, LLC | 176,130176,130 | $4M | — | ADD 23% |
| 23 | &PARTNERS | 100,697100,697 | $3M | — | ADD 13% |
| 24 | STIFEL FINANCIAL CORP | 93,79693,796 | $2M | — | ADD 10% |
| 25 | KESTRA PRIVATE WEALTH SERVICES, LLC | 79,25479,254 | $2M | — | ADD 7% |
| 26 | Cedrus Wealth Group LLC | 74,01474,014 | $2M | — | ADD 6% |
| 27 | River Street Advisors LLC | 68,69768,697 | $2M | — | ADD 14% |
| 28 | WESBANCO BANK INC | 46,39046,390 | $1M | — | — |
| 29 | Janney Montgomery Scott LLC | 39,63439,634 | $997,000 | — | ADD 28% |
| 30 | Prosperity Financial Group, Inc. | 38,29538,295 | $962,928 | — | ADD 5% |
| 31 | Cambridge Investment Research Advisors, Inc. | 26,97426,974 | $678,000 | — | TRIM -15% |
| 32 | Betterment LLC | 24,59824,598 | $619,000 | — | NEW |
| 33 | Aurora Private Wealth, Inc. | 22,14422,144 | $562,000 | — | — |
| 34 | First Citizens Financial Corp | 21,68321,683 | $545,219 | — | ADD 11% |
| 35 | TWIN PEAKS WEALTH ADVISORS, LLC | 20,88920,889 | $525,243 | — | — |
| 36 | GOLDMAN SACHS GROUP INC | 19,72319,723 | $495,935 | — | NEW |
| 37 | Claro Advisors Inc. | 17,50017,500 | $440,038 | — | TRIM -3% |
| 38 | Hilltop Holdings Inc. | 16,00016,000 | $402,320 | — | — |
| 39 | MOTCO | 15,71615,716 | $395,179 | — | ADD 312% |
| 40 | LPL Financial LLC | 15,29415,294 | $384,568 | — | TRIM -9% |
| 41 | Cetera Investment Advisers | 14,65714,657 | $368,557 | — | TRIM -5% |
| 42 | OLD SECOND NATIONAL BANK OF AURORA | 14,60114,601 | $367,142 | — | ADD 13% |
| 43 | Towerpoint Wealth, LLC | 12,04512,045 | $302,872 | — | — |
| 44 | FIRST UNITED BANK & TRUST | 10,08310,083 | $253,537 | — | NEW |
| 45 | Rehmann Capital Advisory Group | 9,2539,253 | $232,666 | — | NEW |
| 46 | Index Technologies Group LLC | 9,0009,000 | $226,305 | — | — |
| 47 | Atlas Wealth LLC | 8,5288,528 | $214,437 | — | ADD 7% |
| 48 | Stone House Investment Management, LLC | 4,0204,020 | $101,083 | — | NEW |
| 49 | Steward Partners Investment Advisory, LLC | 3,6083,608 | $90,723 | — | — |
| 50 | ROYAL BANK OF CANADA | 1,0891,089 | $27,000 | — | — |
| 51 | Advisory Services Network, LLC | 650650 | $16,344 | — | NEW |
Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.
| Holder | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| Hills Bank & Trust Co | 1.8M | 2.0M | 2.3M | 2.5M | 2.6M | 2.8M | $71M |
| TRUIST FINANCIAL CORP | — | — | 167K | 61K | 31K | 2.6M | $64M |
| BENJAMIN EDWARDS INC | — | — | — | — | — | 1.5M | $37M |
| RAYMOND JAMES FINANCIAL INC | — | 56K | 891K | 1.0M | 1.1M | 1.3M | $32M |
| Broadway Wealth Solutions, Inc. | 754K | 836K | 896K | 977K | 1.0M | 1.1M | $28M |
| Retirement Planning Group, LLC | — | — | — | 919K | 990K | 854K | $21M |
| ENVESTNET ASSET MANAGEMENT INC | 423K | 655K | 665K | 620K | 822K | 807K | $20M |
| Wilkerson Advisory Group LLC | — | — | — | — | 556K | 594K | $15M |
| Schneider Downs Wealth Management Advisors, LP | 445K | 459K | 408K | 421K | 455K | 520K | $13M |
| GTS FINANCIAL, LLC | — | — | — | — | — | 501K | $13M |
| Platform Technology Partners | 196K | 242K | 277K | 320K | 456K | 481K | $12M |
| OSAIC HOLDINGS, INC. | 757K | 833K | 682K | 713K | 421K | 462K | $12M |
| MML INVESTORS SERVICES, LLC | 420K | 636K | 494K | 492K | 549K | 442K | $11M |
| Allegheny Financial Group | — | 39K | 177K | 254K | 335K | 365K | $9M |
| FOCUSED ALPHA, LLC | — | — | — | — | 10K | 317K | $8M |
Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
Holder count only — too few computable %-of-shares-outstanding quarters for a % pane. Line breaks are quarters with no 13F record, never interpolated.
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 51 | 16,947,393 | — | $426M |
| 2025-Q4 | 47 | 12,124,060 | — | $308M |
| 2025-Q3 | 39 | 9,923,013 | — | $252M |
| 2025-Q2 | 42 | 9,861,897 | — | $248M |
| 2025-Q1 | 40 | 8,605,890 | — | $216M |
| 2024-Q4 | 34 | 7,640,214 | — | $189M |
| 2024-Q3 | 26 | 7,062,426 | — | $182M |
| 2024-Q2 | 18 | 3,092,266 | — | $77M |
| 2024-Q1 | 10 | 1,178,500 |
Short interest has its own tab now — open SI →
Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.
| Biggest buyers | Δ shares | Δ value | |
|---|---|---|---|
| TRUIST FINANCIAL CORP | +2,523,563 | $63M | ADD |
| BENJAMIN EDWARDS INC | +1,460,733 | $37M | OPEN |
| GTS FINANCIAL, LLC | +500,936 | $13M | OPEN |
| FOCUSED ALPHA, LLC | +306,840 | $8M | ADD |
| Integrated Wealth Concepts LLC | +211,798 | $5M | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Wealth Intelligence, LLC | −661,005 | $17M | CLOSE |
| Bank of New York Mellon Corp | −292,139 | $7M | CLOSE |
| Retirement Planning Group, LLC | −136,131 | $3M | TRIM |
| MML INVESTORS SERVICES, LLC | −107,082 | $3M | TRIM |
| JANE STREET GROUP, LLC | −75,408 | $2M | CLOSE |
The 2025-Q4 register is as-filed in ITS OWN share basis; every count below was rebased into the 2026-Q1 basis (no split in between, factor 1). Dollar figures value the SHARE delta at one price — the 2026-03-31 close — rather than differencing two filings' own reported values, which would mix the quarter's price move into the trade figure.
13Fs disclose LONG US-listed positions only — shorts, most derivatives, bonds and non-US listings are invisible here, and a filer's quarter-over-quarter change is not necessarily a trade (index rebalances, in-kind transfers and entity successions all read as flow).
| — |
| $29M |
