% of shares outstanding is not shown for GAFFX: 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 GAFFX 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 | KELLEHER FINANCIAL ADVISORS | 41,77941,779 | $3M | — | TRIM -3% |
| 2 | NORTHSTAR ASSET MANAGEMENT Co | 8,5008,500 | $629,304 | — | — |
| 3 | Ethos Financial Group, LLC | 5,7395,739 | $424,897 | — | TRIM -5% |
| 4 | Lesa Sroufe & Co | 4,5094,509 | $334,000 | — | NEW |
| 5 | NORTH STAR ASSET MANAGEMENT INC | 4,4794,479 | $331,589 | — | — |
| 6 | McIlrath & Eck, LLC | 2,6352,635 | $195,105 | — | 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 |
|---|---|---|---|---|---|---|---|
| KELLEHER FINANCIAL ADVISORS | — | — | — | 40K | 43K | 42K | $3M |
| NORTHSTAR ASSET MANAGEMENT Co | 8K | 8K | 8K | 8K | 9K | 9K | $629,304 |
| Ethos Financial Group, LLC | 6K | 6K | 6K | 6K | 6K | 6K | $424,897 |
| Lesa Sroufe & Co | — | — | — | — | — | 5K | $334,000 |
| NORTH STAR ASSET MANAGEMENT INC | 4K | 4K | 4K | 4K | 4K | 4K | $331,589 |
| McIlrath & Eck, LLC | — | — | — | — | — | 3K | $195,105 |
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 | |
|---|---|---|---|
| Lesa Sroufe & Co | +4,509 | $333,846 | OPEN |
| McIlrath & Eck, LLC | +2,635 | $195,095 | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Kohmann Bosshard Financial Services, LLC | −5,955 | $440,908 | CLOSE |
| Garton & Associates Financial Advisors LLC | −2,657 | $196,724 | CLOSE |
| KELLEHER FINANCIAL ADVISORS | −1,278 | $94,623 | TRIM |
| Ethos Financial Group, LLC | −303 | $22,434 | 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 | 6 | 67,641 | — | $5M |
| 2025-Q4 | 6 | 70,690 | — | $6M |
| 2025-Q3 | 5 | 60,963 | — | $5M |
| 2025-Q2 | 4 | 74,791 | — | $6M |
| 2025-Q1 | 6 | 75,663 | — | $5M |
| 2024-Q4 | 6 | 64,803 | — | $5M |
| 2024-Q3 | 5 | 52,075 | — | $4M |
| 2024-Q2 | 6 | 53,718 | — | $4M |
| 2024-Q1 | 5 | 30,473 | — | $2M |
| 2023-Q4 | 5 | 28,272 | — | $2M |
| 2023-Q3 | 4 | 65,940 | — | $4M |
| 2023-Q2 | 2 | 39,755 | — | $2M |
| 2023-Q1 | 3 | 42,780 | — | $2M |
| 2022-Q4 | 2 | 39,127 | — | $2M |
| 2022-Q3 | 2 | 38,600 | — | $2M |
| 2022-Q2 | 4 | 63,309 | — | $3M |
| 2022-Q1 | 4 | 61,403 | — | $4M |
| 2021-Q4 | 6 | 71,408 | — | $5M |
| 2021-Q3 | 4 | 58,659 | — | $4M |
| 2021-Q2 | 3 | 44,671 | — | $3M |
| 2021-Q1 | 5 | 159,135 | — | $11M |
| 2020-Q4 | 4 | 155,079 | — | $10M |
| 2020-Q3 | 3 | 140,827 | — | $9M |
| 2020-Q2 | 3 | 143,099 | — | $8M |
| 2020-Q1 | 3 | 135,918 | — | $6M |
| 2019-Q4 | 3 | 130,543 | — | $7M |
| 2019-Q3 | 2 | 109,847 | — | $5M |
| 2019-Q2 | 3 | 129,180 | — | $7M |
| 2019-Q1 | 3 | 121,023 | — | $6M |
| 2018-Q4 | 2 | 22,893 | — | $978,000 |
| 2018-Q3 | 2 | 21,853 | — | $1M |
| 2018-Q2 | 1 | 7,669 | — | $415,000 |
| 2018-Q1 | 1 | 6,202 | — | $316,000 |
| 2017-Q4 | 1 | 6,202 | — | $307,000 |
| 2017-Q3 | 3 | 545,393 | — | $6M |
