% of shares outstanding is not shown for GOVT: 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 GOVT 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 | BANK OF AMERICA CORP /DE/ | 474,769,940474.8M | $10.9B | — | ADD 20% |
| 2 | JPMORGAN CHASE & CO | 213,742,832213.7M | $4.9B | — | ADD 10% |
| 3 | ENVESTNET ASSET MANAGEMENT INC | 153,894,218153.9M | $3.5B | — | ADD 113% |
| 4 | LPL Financial LLC | 140,890,662140.9M | $3.2B | — | ADD 18% |
| 5 | TRUIST FINANCIAL CORP | 75,290,88275.3M | $1.7B | — | ADD 6% |
| 6 | PNC FINANCIAL SERVICES GROUP, INC. | 54,704,16354.7M | $1.3B | — | ADD 3% |
| 7 | US BANCORP \DE\ | 46,829,85646.8M | $1.2B | — | ADD 2749% |
| 8 | MORGAN STANLEY | 41,052,29141.1M | $941M | — | ADD 26% |
| 9 | ASSETMARK, INC | 26,176,49826.2M | $600M | — | ADD 5% |
| 10 | TIAA Wealth Investment Management LLC | 25,607,97625.6M | $586M | — | NEW |
| 11 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 25,520,52125.5M | $585M | — | ADD 8% |
| 12 | Allworth Financial LP | 23,374,00323.4M | $535M | — | — |
| 13 | WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 22,955,03623.0M | $521M | — | TRIM -22% |
| 14 | BlackRock, Inc. | 22,216,73022.2M | $509M | — | ADD 76% |
| 15 | Fund Evaluation Group, LLC | 17,999,98418.0M | $412M | — | ADD 6% |
| 16 | TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC | 13,731,74213.7M | $315M | — | NEW |
| 17 | Jordan Park Group LLC | 12,517,29512.5M | $287M | — | TRIM -33% |
| 18 | Morningstar Investment Management LLC | 10,483,78210.5M | $240M | — | TRIM -2% |
| 19 | Cetera Investment Advisers | 10,135,36310.1M | $232M | — | ADD 145% |
| 20 | UNITED CAPITAL FINANCIAL ADVISORS, LLC | 9,932,8839.9M | $227M | — | ADD 31% |
| 21 | UBS Group AG | 9,433,5899.4M | $216M | — | ADD 78% |
| 22 | NORTHERN TRUST CORP | 8,321,1138.3M | $191M | — | ADD 77% |
| 23 | TD PRIVATE CLIENT WEALTH LLC | 8,169,7788.2M | $187M | — | ADD 9% |
| 24 | Envestnet Portfolio Solutions, Inc. | 7,965,7628.0M | $182M | — | ADD 457% |
| 25 | AMERIPRISE FINANCIAL INC | 7,903,1927.9M | $180M | — | ADD 60% |
| 26 | CWM, LLC | 7,549,4327.5M | $173M | — | ADD 605% |
| 27 | EP Wealth Advisors, LLC | 6,993,9637.0M | $160M | — | ADD 6% |
| 28 | Bank of New York Mellon Corp | 6,702,1336.7M | $154M | — | ADD 211% |
| 29 | Dynasty Wealth Management, LLC | 6,629,3436.6M | $152M | — | ADD 1317% |
| 30 | Janney Montgomery Scott LLC | 6,588,5466.6M | $151M | — | ADD 179% |
| 31 | FMR LLC | 6,350,6466.4M | $145M | — | TRIM -14% |
| 32 | MML INVESTORS SERVICES, LLC | 6,218,7296.2M | $142M | — | ADD 151% |
| 33 | Norinchukin Bank, The | 6,158,3506.2M | $141M | — | — |
| 34 | BROWN ADVISORY INC | 6,100,4236.1M | $140M | — | ADD 109% |
| 35 | PARK AVENUE SECURITIES LLC | 5,921,5735.9M | $136M | — | ADD 425% |
| 36 | ROYAL BANK OF CANADA | 5,406,8935.4M | $124M | — | ADD 20% |
| 37 | Merit Financial Group, LLC | 5,260,4105.3M | $121M | — | ADD 107% |
| 38 | Mill Creek Capital Advisors, LLC | 5,103,5655.1M | $117M | — | ADD 3% |
| 39 | CAPTRUST FINANCIAL ADVISORS | 4,862,7854.9M | $111M | — | ADD 2% |
| 40 | Wedmont Private Capital | 4,370,4014.4M | $100M | — | ADD 14% |
| 41 | MCF Advisors LLC | 4,165,5484.2M | $95M | — | — |
| 42 | Sanctuary Advisors, LLC | 4,042,1924.0M | $93M | — | ADD 119% |
| 43 | SYM FINANCIAL Corp | 3,723,3383.7M | $85M | — | ADD 5% |
| 44 | RAYMOND JAMES FINANCIAL INC | 3,695,2033.7M | $85M | — | ADD 38% |
| 45 | Alesco Advisors, LLC, An ESL Co | 3,691,0103.7M | $85M | — | ADD 5% |
| 46 | AE Wealth Management LLC | 3,646,7823.6M | $84M | — | ADD 6% |
| 47 | Crestwood Advisors Group, LLC | 3,455,9683.5M | $79M | — | — |
| 48 | 1607 Capital Partners, LLC | 3,405,1723.4M | $78M | — | ADD 6% |
| 49 | STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | 3,370,3703.4M | $77M | — | ADD 42% |
| 50 | CASTLEARK MANAGEMENT LLC | 3,329,5693.3M | $76M | — | — |
| 51 | Thrivent Financial for Lutherans | 3,167,3953.2M | $73M | — | ADD 30% |
| 52 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 3,124,0943.1M | $72M | — | ADD 601% |
| 53 | Itau Unibanco Holding S.A. | 2,899,3282.9M | $66M | — | TRIM -5% |
| 54 | OSAIC HOLDINGS, INC. | 2,816,3532.8M | $65M | — | ADD 25% |
| 55 | OpenArc Corporate Advisory, LLC | 2,750,4312.8M | $63M | — | ADD 1969% |
| 56 | WELLS FARGO & COMPANY/MN | 2,518,3652.5M | $58M | — | ADD 28% |
| 57 | SAGESPRING WEALTH PARTNERS, LLC | 2,514,7222.5M | $58M | — | ADD 10200% |
| 58 | STIFEL FINANCIAL CORP | 2,444,4782.4M | $56M | — | ADD 182% |
| 59 | BAILARD, INC. | 2,352,1792.4M | $54M | — | ADD 25% |
| 60 | Cresset Asset Management, LLC | 2,114,7262.1M | $48M | — | ADD 12% |
| 61 | COMMONWEALTH EQUITY SERVICES, LLC | 2,045,5652.0M | $47M | — | ADD 73% |
| 62 | Dodds Wealth, LLC | 1,990,8982.0M | $46M | — | — |
| 63 | Focus Partners Wealth | 1,956,6302.0M | $45M | — | ADD 7% |
| 64 | Triad Wealth Partners, LLC | 1,951,6682.0M | $45M | — | ADD 225% |
| 65 | Cambridge Investment Research Advisors, Inc. | 1,767,9491.8M | $41M | — | ADD 63% |
| 66 | Heck Capital Advisors, LLC | 1,667,4291.7M | $38M | — | — |
| 67 | Foundations Investment Advisors, LLC | 1,634,2671.6M | $37M | — | ADD 328% |
| 68 | Foster Group, Inc. | 1,590,1251.6M | $36M | — | — |
| 69 | Cerity Partners LLC | 1,566,1061.6M | $36M | — | ADD 60% |
| 70 | Verum Partners LLC | 1,554,0581.6M | $36M | — | ADD 4% |
| 71 | Virginia Estate & Retirement Planning Advisors Inc. | 342,206342,206 | $34M | — | NEW |
| 72 | 3EDGE Asset Management, LP | 1,502,6771.5M | $34M | — | TRIM -2% |
| 73 | BlueStem Wealth Partners, LLC | 1,447,2411.4M | $33M | — | ADD 21% |
| 74 | Prime Capital Investment Advisors, LLC | 1,416,5241.4M | $32M | — | TRIM -11% |
| 75 | JB Capital LLC | 1,392,2271.4M | $32M | — | ADD 3765% |
| 76 | CreativeOne Wealth, LLC | 1,389,8141.4M | $32M | — | ADD 588% |
| 77 | Strategic Blueprint, LLC | 1,371,6831.4M | $31M | — | ADD 56% |
| 78 | Mirae Asset Global Investments Co., Ltd. | 1,350,5961.4M | $31M | — | TRIM -24% |
| 79 | Equitable Holdings, Inc. | 1,313,5901.3M | $30M | — | ADD 31% |
| 80 | PRINCIPAL SECURITIES, INC. | 1,303,1461.3M | $30M | — | ADD 68% |
| 81 | Ascent Group, LLC | 1,279,3121.3M | $29M | — | ADD 522% |
| 82 | DDFG, Inc | 1,256,2441.3M | $29M | — | ADD 5% |
| 83 | LOCKHEED MARTIN INVESTMENT MANAGEMENT CO | 1,250,0001.3M | $29M | — | — |
| 84 | Wealthspire Advisors, LLC | 1,234,5651.2M | $28M | — | — |
| 85 | Acorns Advisers, LLC | 1,201,6221.2M | $28M | — | — |
| 86 | Lifeworks Advisors, LLC | 1,138,4181.1M | $26M | — | ADD 2% |
| 87 | Rockefeller Capital Management L.P. | 1,133,3941.1M | $26M | — | ADD 5% |
| 88 | Trilogy Capital Inc. | 1,115,1251.1M | $26M | — | ADD 2% |
| 89 | CUTLER INVESTMENT COUNSEL LLC | 1,111,8491.1M | $25M | — | — |
| 90 | Johnson Bixby & Associates, LLC | 1,096,8621.1M | $25M | — | ADD 2% |
| 91 | SCHOOL EMPLOYEES RETIREMENT BOARD OF OHIO | 1,088,9911.1M | $25M | — | — |
| 92 | NewEdge Advisors, LLC | 1,841,2771.8M | $25M | — | ADD 190% |
| 93 | Atria Investments, Inc | 1,062,8521.1M | $24M | — | ADD 142% |
| 94 | Strategic Investment Advisors / MI | 1,059,6391.1M | $24M | — | ADD 80% |
| 95 | Modern Wealth Management, LLC | 1,031,6321.0M | $24M | — | ADD 77% |
| 96 | Sharkey, Howes & Javer | 1,019,6151.0M | $23M | — | ADD 613% |
| 97 | Henderson Brothers Financial Partners, LLC | 1,006,5921.0M | $23M | — | NEW |
| 98 | SteelPeak Wealth, LLC | 998,208998,208 | $23M | — | ADD 348% |
| 99 | Mariner, LLC | 990,866990,866 | $23M | — | ADD 43% |
| 100 | ELEVATION POINT WEALTH PARTNERS, LLC | 960,565960,565 | $22M | — | ADD 58% |
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 |
|---|---|---|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ | 423.9M | 312.7M | 321.5M | 362.1M | 394.7M | 474.8M | $10.9B |
| JPMORGAN CHASE & CO | 49.4M | 37.5M | 40.3M | 83.7M | 195.1M | 213.7M | $4.9B |
| ENVESTNET ASSET MANAGEMENT INC | 71.5M | 74.1M | 74.6M | 76.7M | 72.3M | 153.9M | $3.5B |
| LPL Financial LLC | 113.1M | 103.0M | 105.7M | 111.2M | 119.1M | 140.9M | $3.2B |
| TRUIST FINANCIAL CORP | 67.0M | 69.6M | 69.1M | 68.7M | 71.0M | 75.3M | $1.7B |
| PNC FINANCIAL SERVICES GROUP, INC. | 39.8M | 41.0M | 41.2M | 48.3M | 52.9M | 54.7M | $1.3B |
| US BANCORP \DE\ | 1.5M | 1.7M | 1.5M | 1.6M | 1.6M | 46.8M | $1.2B |
| MORGAN STANLEY | 21.0M | 19.6M | 31.6M | 33.3M | 32.5M | 41.1M | $941M |
| ASSETMARK, INC | 21.4M | 22.1M | 22.5M | 24.3M | 25.0M | 26.2M | $600M |
| TIAA Wealth Investment Management LLC | — | — | — | — | — | 25.6M | $586M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 20.1M | 20.4M | 19.9M | 19.6M | 23.7M | 25.5M | $585M |
| Allworth Financial LP | 33.2M | 21.5M | 21.8M | 22.4M | 23.0M | 23.4M | $535M |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 21.6M | 23.6M | 25.0M | 27.2M | 29.6M | 23.0M | $521M |
| BlackRock, Inc. | 13.3M | 11.1M | 12.0M | 11.5M | 12.6M | 22.2M | $509M |
| Fund Evaluation Group, LLC | 13.2M | 12.3M | 13.5M | 15.1M | 16.9M | 18.0M | $412M |
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 | |
|---|---|---|---|
| ENVESTNET ASSET MANAGEMENT INC | +81,583,262 | $1.9B | ADD |
| BANK OF AMERICA CORP /DE/ | +80,062,969 | $1.8B | ADD |
| US BANCORP \DE\ | +45,186,105 | $1.0B | ADD |
| TIAA Wealth Investment Management LLC | +25,607,976 | $587M | OPEN |
| LPL Financial LLC | +21,803,239 | $500M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| TIAA TRUST, NATIONAL ASSOCIATION | −35,132,375 | $805M | TRIM |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | −6,652,722 | $152M | TRIM |
| Jordan Park Group LLC | −6,290,970 | $144M | TRIM |
| FMR LLC | −1,045,550 | $24M | TRIM |
| McKinley Carter Wealth Services, Inc. | −897,375 | $21M | 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 | 917 | 1,770,992,820 | — | $40.7B |
| 2025-Q4 | 833 | 1,379,270,659 | — | $31.8B |
| 2025-Q3 | 787 | 1,270,825,202 | — | $27.7B |
| 2025-Q2 | 769 | 1,100,020,740 | — | $25.3B |
| 2025-Q1 | 788 | 1,077,752,824 | — | $24.8B |
| 2024-Q4 | 789 | 1,210,745,669 | — | $27.8B |
| 2024-Q3 | 718 | 1,086,260,674 | — | $25.5B |
| 2024-Q2 | 691 | 1,043,949,199 | — | $23.6B |
| 2024-Q1 | 688 | 1,068,981,813 | — | $24.3B |
| 2023-Q4 | 705 | 941,600,598 | — | $21.7B |
| 2023-Q3 | 652 | 960,414,832 | — | $21.2B |
| 2023-Q2 | 655 | 1,129,438,439 | — | $25.9B |
| 2023-Q1 | 628 | 1,122,769,279 | — | $26.3B |
| 2022-Q4 | 627 | 937,795,766 | — | $21.3B |
| 2022-Q3 | 577 | 984,023,636 | — | $21.9B |
| 2022-Q2 | 576 | 718,729,956 | — | $17.2B |
| 2022-Q1 | 578 | 651,920,778 | — | $15.7B |
| 2021-Q4 | 592 | 587,232,708 | — | $15.7B |
| 2021-Q3 | 517 | 544,836,530 | — | $14.5B |
| 2021-Q2 | 516 | 616,988,679 | — | $16.4B |
| 2021-Q1 | 516 | 527,395,260 | — | $13.8B |
| 2020-Q4 | 504 | 501,272,953 | — | $13.6B |
| 2020-Q3 | 442 | 491,873,522 | — | $13.7B |
| 2020-Q2 | 434 | 455,910,003 | — | $12.7B |
| 2020-Q1 | 407 | 540,966,399 | — | $15.1B |
| 2019-Q4 | 376 | 570,943,009 | — | $14.8B |
| 2019-Q3 | 309 | 505,195,717 | — | $13.3B |
| 2019-Q2 | 278 | 447,081,798 | — | $17.0B |
| 2019-Q1 | 244 | 328,400,997 | — | $13.2B |
| 2018-Q4 | 216 | 263,902,100 | — | $6.5B |
| 2018-Q3 | 183 | 239,811,110 | — | $8.1B |
| 2018-Q2 | 170 | 236,674,147 | — | $5.8B |
| 2018-Q1 | 168 | 194,881,558 | — | $4.8B |
| 2017-Q4 | 142 | 193,089,317 | — | $4.8B |
| 2017-Q3 | 114 | 199,269,062 | — | $5.0B |
| 2017-Q2 | 108 | 133,275,958 | — | $3.4B |
| 2017-Q1 | 95 | 113,256,421 | — | $2.8B |
| 2016-Q4 | 97 | 104,638,334 | — | $2.6B |
| 2016-Q3 | 90 | 95,289,409 | — | $2.5B |
| 2016-Q2 | 88 | 73,584,204 | — | $1.9B |
| 2016-Q1 | 73 | 76,181,573 | — | $2.0B |
| 2015-Q4 | 61 | 63,839,635 | — | $1.6B |
| 2015-Q3 | 50 | 55,845,721 | — | $1.4B |
| 2015-Q2 | 41 | 50,196,639 | — | $1.3B |
| 2015-Q1 | 35 | 41,289,575 | — | $1.1B |
| 2014-Q4 | 33 | 8,193,065 | — | $206M |
| 2014-Q3 | 21 | 7,209,614 | — | $179M |
| 2014-Q2 | 18 | 5,304,888 | — | $132M |
| 2014-Q1 | 15 | 4,037,307 | — | $99M |
| 2013-Q4 | 12 | 3,571,649 | — | $90M |
| 2013-Q3 | 10 | 3,182,704 | — | $78M |
| 2013-Q2 | 13 | 2,357,038 | — | $58M |
