% of shares outstanding is not shown for FUND: 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 FUND in the served universe — the cohort is size-matched, and an unmatched percentile would compare a micro-cap register to a mega-cap one.
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 |
|---|---|---|---|---|---|---|---|
| SPROTT INC. | 14.8M | 14.9M | 15.1M | 15.2M | 15.5M | 15.5M | $148M |
| ROYAL BANK OF CANADA | 496K | 579K | 1.2M | 621K | 696K | 802K | $8M |
| LPL Financial LLC | 388K | 434K | 450K | 443K | 526K | 538K | $5M |
| MORGAN STANLEY | 263K | 268K | 265K | 281K | 285K | 250K | $2M |
| Integrated Wealth Concepts LLC | 318K | 306K | 305K | 287K | 250K | 233K | $2M |
| Essex Financial Services, Inc. | 235K | 223K | 219K | 218K | 218K | 219K | $2M |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | 134K | 144K | 146K | 175K | 201K | 216K | $2M |
| Shaker Financial Services, LLC | 375K | 317K | 460K | 474K | 466K | 203K | $2M |
| 1607 Capital Partners, LLC | 310K | 165K | 147K | 137K | 133K | 153K | $1M |
| EVOLVE PRIVATE WEALTH, LLC | — | — | — | — | 151K | 151K | $1M |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | — | — | 95K | 139K | 139K | 139K | $1M |
| WELLS FARGO & COMPANY/MN | 87K | 98K | 97K | 99K | 106K | 108K | $1M |
| CAPTRUST FINANCIAL ADVISORS | 90K | 82K | 83K | 84K | 85K | 86K | $821,126 |
| SAPIENT CAPITAL LLC | 82K | 82K | 82K | 79K | 81K | 82K | $782,452 |
| RAYMOND JAMES FINANCIAL INC | 20K | 22K | 20K | 45K | 47K | 50K | $478,507 |
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.
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 | |
|---|---|---|---|
| ROYAL BANK OF CANADA | +106,805 | $1M | ADD |
| SPROTT INC. | +86,156 | $821,928 | — |
| 1607 Capital Partners, LLC | +20,000 | $190,800 | ADD |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | +14,657 | $139,828 | ADD |
| LPL Financial LLC | +12,311 | $117,447 | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Shaker Financial Services, LLC | −262,709 | $3M | TRIM |
| AQR Arbitrage LLC | −124,515 | $1M | CLOSE |
| MORGAN STANLEY | −35,554 | $339,185 | TRIM |
| Hara Capital LLC | −22,099 | $210,824 | TRIM |
| Integrated Wealth Concepts LLC | −17,124 | $163,363 | TRIM |
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).
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 32 | 18,987,577 | — | $181M |
| 2025-Q4 | 32 | 19,220,938 | — | $167M |
| 2025-Q3 | 33 | 18,823,654 | — | $156M |
| 2025-Q2 | 33 | 19,221,810 | — | $144M |
| 2025-Q1 | 33 | 18,374,511 | — | $136M |
| 2024-Q4 | 37 | 18,682,100 | — | $137M |
| 2024-Q3 | 33 | 18,431,263 | — | $142M |
| 2024-Q2 | 32 | 18,170,535 | — | $136M |
| 2024-Q1 | 33 | 18,590,402 | — | $149M |
| 2023-Q4 | 32 | 4,417,053 | — | $35M |
| 2023-Q3 | 31 | 4,088,232 | — | $31M |
| 2023-Q2 | 29 | 4,069,794 | — | $32M |
| 2023-Q1 | 29 | 4,035,968 | — | $33M |
| 2022-Q4 | 31 | 4,450,927 | — | $35M |
| 2022-Q3 | 29 | 4,540,518 | — | $31M |
| 2022-Q2 | 29 | 4,472,534 | — | $34M |
| 2022-Q1 | 27 | 4,514,094 | — | $41M |
| 2021-Q4 | 30 | 5,002,552 | — | $43M |
| 2021-Q3 | 30 | 5,353,483 | — | $44M |
| 2021-Q2 | 32 | 5,861,811 | — | $50M |
| 2021-Q1 | 32 | 6,065,655 | — | $47M |
| 2020-Q4 | 32 | 6,811,909 | — | $47M |
| 2020-Q3 | 35 | 6,442,992 | — | $38M |
| 2020-Q2 | 35 | 6,042,317 | — | $36M |
| 2020-Q1 | 32 | 5,458,053 | — | $28M |
| 2019-Q4 | 30 | 5,795,332 | — | $43M |
| 2019-Q3 | 32 | 5,362,318 | — | $36M |
| 2019-Q2 | 31 | 5,100,125 | — | $34M |
| 2019-Q1 | 27 | 5,601,486 | — | $38M |
| 2018-Q4 | 36 | 5,940,122 | — | $34M |
| 2018-Q3 | 37 | 6,045,273 | — | $45M |
| 2018-Q2 | 36 | 5,312,479 | — | $42M |
| 2018-Q1 | 34 | 5,767,052 | — | $45M |
| 2017-Q4 | 36 | 6,220,030 | — | $49M |
| 2017-Q3 | 33 | 5,696,134 | — | $44M |
| 2017-Q2 | 33 | 5,199,803 | — | $38M |
| 2017-Q1 | 35 | 4,948,207 | — | $37M |
| 2016-Q4 | 37 | 4,955,672 | — | $34M |
| 2016-Q3 | 37 | 4,828,176 | — | $33M |
| 2016-Q2 | 38 | 5,472,150 | — | $35M |
| 2016-Q1 | 45 | 4,542,903 | — | $28M |
| 2015-Q4 | 44 | 4,429,596 | — | $26M |
| 2015-Q3 | 38 | 4,290,966 | — | $25M |
| 2015-Q2 | 36 | 3,941,177 | — | $28M |
| 2015-Q1 | 33 | 3,562,223 | — | $26M |
| 2014-Q4 | 34 | 3,500,401 | — | $25M |
| 2014-Q3 | 30 | 3,293,912 | — | $26M |
| 2014-Q2 | 31 | 3,178,215 | — | $27M |
| 2014-Q1 | 31 | 3,000,395 | — | $24M |
| 2013-Q4 | 32 | 2,834,312 | — | $22M |
| 2013-Q3 | 35 | 2,803,365 | — | $20M |
| 2013-Q2 | 32 | 2,771,140 | — | $19M |
| 2013-Q1 | 2 | 68,045 | — | $475,000 |
