% of shares outstanding is not shown for GEMD: 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 GEMD 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 | Betterment LLC | 632,727632,727 | $26M | — | ADD 5% |
| 2 | JANE STREET GROUP, LLC | 28,45828,458 | $1M | — | TRIM -32% |
| 3 | CoreCap Advisors, LLC | 20,03620,036 | $829,605 | — | TRIM -12% |
| 4 | WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 8,5898,589 | $355,753 | — | NEW |
| 5 | OSAIC HOLDINGS, INC. | 1,2441,244 | $51,498 | — | — |
| 6 | MORGAN STANLEY | 808808 | $33,455 | — | TRIM -20% |
| 7 | SOA Wealth Advisors, LLC. | 337337 | $13,934 | — | ADD 5% |
| 8 | Steward Partners Investment Advisory, LLC | 336336 | $13,912 | — | ADD 53% |
| 9 | Aventura Private Wealth, LLC | 142142 | $5,880 | — | NEW |
| 10 | Allworth Financial LP | 101101 | $4,172 | — | ADD 2% |
| 11 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 7171 | $2,940 | — | NEW |
| 12 | MASECO LLP | 5252 | $2,151 | — | — |
| 13 | O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 4141 | $1,698 | — | TRIM -2% |
| 14 | FMR LLC | 3939 | $1,625 | — | — |
| 15 | Silver Grove Financial Group, Inc. | 1717 | $691 | — | NEW |
| 16 | Medallion Wealth Advisors, LLC | 1212 | $497 | — | — |
| 17 | Russell Investments Group, Ltd. | 22 | $83 | — | — |
| 18 | JONES FINANCIAL COMPANIES LLLP | 11 | $41 | — | NEW |
| 19 | UBS Group AG | 11 | $41 | — | TRIM -95% |
| 20 | HFM Investment Advisors, LLC | 00 | $18 | — | EXIT |
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 |
|---|---|---|---|---|---|---|---|
| Betterment LLC | 486K | 491K | 543K | 585K | 601K | 633K | $26M |
| JANE STREET GROUP, LLC | 15K | 41K | — | 26K | 42K | 28K | $1M |
| CoreCap Advisors, LLC | 36K | 38K | 31K | 26K | 23K | 20K | $829,605 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | — | — | — | — | — | 9K | $355,753 |
| OSAIC HOLDINGS, INC. | 7K | 5K | 1K | 1K | 1K | 1K | $51,498 |
| MORGAN STANLEY | 111K | 116K | 1K | 1K | 1K | 808 | $33,455 |
| SOA Wealth Advisors, LLC. | — | — | — | 317 | 322 | 337 | $13,934 |
| Steward Partners Investment Advisory, LLC | 220 | 220 | 220 | 220 | 220 | 336 | $13,912 |
| Aventura Private Wealth, LLC | — | — | — | — | — | 142 | $5,880 |
| Allworth Financial LP | — | 95 | 97 | 98 | 99 | 101 | $4,172 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 55 | — | — | — | — | 71 | $2,940 |
| MASECO LLP | — | — | — | — | 52 | 52 | $2,151 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | — | — | — | — | 42 | 41 | $1,698 |
| FMR LLC | 197 | 43 | 39 | 39 | 39 | 39 | $1,625 |
| Silver Grove Financial Group, Inc. | — | — | — | — | — | 17 | $691 |
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 | 20 | 693,014 | — | $29M |
| 2025-Q4 | 20 | 669,303 |
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 | |
|---|---|---|---|
| Betterment LLC | +31,281 | $1M | ADD |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | +8,589 | $355,627 | OPEN |
| Aventura Private Wealth, LLC | +142 | $5,879 | OPEN |
| Steward Partners Investment Advisory, LLC | +116 | $4,803 | ADD |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | +71 | $2,940 | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| JANE STREET GROUP, LLC | −13,219 | $547,331 | TRIM |
| CoreCap Advisors, LLC | −2,711 | $112,249 | TRIM |
| MORGAN STANLEY | −203 | $8,405 | TRIM |
| BANK OF AMERICA CORP /DE/ | −170 | $7,039 | CLOSE |
| OPTIMA CAPITAL LLC | −125 | $5,176 | 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).
| — |
| $28M |
| 2025-Q3 | 14 | 640,367 | — | $27M |
| 2025-Q2 | 16 | 587,507 | — | $24M |
| 2025-Q1 | 23 | 1,962,645 | — | $79M |
| 2024-Q4 | 21 | 1,783,774 | — | $71M |
| 2024-Q3 | 25 | 1,653,637 | — | $70M |
| 2024-Q2 | 23 | 1,491,271 | — | $60M |
| 2024-Q1 | 25 | 1,664,628 | — | $68M |
| 2023-Q4 | 26 | 1,541,059 | — | $63M |
| 2023-Q3 | 22 | 1,295,159 | — | $50M |
| 2023-Q2 | 19 | 1,303,915 | — | $52M |
| 2023-Q1 | 17 | 1,177,960 | — | $48M |
| 2022-Q4 | 18 | 1,155,295 | — | $46M |
| 2022-Q3 | 8 | 786,272 | — | $30M |
| 2022-Q2 | 6 | 1,361,934 | — | $55M |
| 2022-Q1 | 6 | 1,409,951 | — | $65M |
