% of shares outstanding is not shown for GUSE: 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 GUSE 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 | GOLDMAN SACHS GROUP INC | 1,339,6061.3M | $52M | — | TRIM -3% |
| 2 | LPL Financial LLC | 155,234155,234 | $6M | — | TRIM -18% |
| 3 | JONES FINANCIAL COMPANIES LLLP | 69,73169,731 | $3M | — | ADD 12% |
| 4 | BROWN BROTHERS HARRIMAN & CO | 46,11846,118 | $2M | — | — |
| 5 | RAYMOND JAMES FINANCIAL INC | 37,57437,574 | $1M | — | TRIM -16% |
| 6 | COMMONWEALTH EQUITY SERVICES, LLC | 29,87129,871 | $1M | — | TRIM -2% |
| 7 | Kestra Advisory Services, LLC | 24,20924,209 | $945,764 | — | — |
| 8 | OSAIC HOLDINGS, INC. | 21,75921,759 | $850,167 | — | TRIM -24% |
| 9 | MORGAN STANLEY | 20,50020,500 | $800,857 | — | — |
| 10 | Acorn Wealth Advisors, LLC | 17,31317,313 | $676,371 | — | TRIM -28% |
| 11 | JANE STREET GROUP, LLC | 15,61615,616 | $610,058 | — | NEW |
| 12 | Bleakley Financial Group, LLC | 12,69812,698 | $496,066 | — | — |
| 13 | CITADEL ADVISORS LLC | 9,5749,574 | $374,020 | — | ADD 19% |
| 14 | Bollard Group LLC | 8,5778,577 | $335,000 | — | — |
| 15 | ENVESTNET ASSET MANAGEMENT INC | 7,0277,027 | $274,514 | — | — |
| 16 | Private Wealth Partners, LLC | 6,6176,617 | $258,501 | — | — |
| 17 | Cambridge Investment Research Advisors, Inc. | 5,7615,761 | $225,000 | — | ADD 11% |
| 18 | CAPTRUST FINANCIAL ADVISORS | 5,6655,665 | $221,303 | — | — |
| 19 | ROYAL BANK OF CANADA | 4,7884,788 | $187,000 | — | — |
| 20 | UBS Group AG | 1,4781,478 | $57,740 | — | TRIM -66% |
| 21 | FMR LLC | 1,0581,058 | $41,332 | — | — |
| 22 | TFC Financial Management, Inc. | 896896 | $35,021 | — | — |
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 |
|---|---|---|---|---|---|---|---|
| GOLDMAN SACHS GROUP INC | — | — | — | — | 1.4M | 1.3M | $52M |
| LPL Financial LLC | — | — | — | — | 189K | 155K | $6M |
| JONES FINANCIAL COMPANIES LLLP | — | — | — | — | 62K | 70K | $3M |
| BROWN BROTHERS HARRIMAN & CO | — | — | — | — | 46K | 46K | $2M |
| RAYMOND JAMES FINANCIAL INC | — | — | — | — | 45K | 38K | $1M |
| COMMONWEALTH EQUITY SERVICES, LLC | — | — | — | — | 31K | 30K | $1M |
| Kestra Advisory Services, LLC | — | — | — | — | 24K | 24K | $945,764 |
| OSAIC HOLDINGS, INC. | — | — | — | — | 29K | 22K | $850,167 |
| MORGAN STANLEY | — | — | — | — | 21K | 21K | $800,857 |
| Acorn Wealth Advisors, LLC | — | — | — | — | 24K | 17K | $676,371 |
| JANE STREET GROUP, LLC | — | — | — | — | — | 16K | $610,058 |
| Bleakley Financial Group, LLC | — | — | — | — | 13K | 13K | $496,066 |
| CITADEL ADVISORS LLC | — | — | — | — | 8K | 10K | $374,020 |
| Bollard Group LLC | — | — | — | — | 9K | 9K | $335,000 |
| ENVESTNET ASSET MANAGEMENT INC | — | — | — | — | 7K | 7K | $274,514 |
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 | 22 | 1,841,670 | — | $72M |
| 2025-Q4 | 26 | 1,944,931 | — | $79M |
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 | |
|---|---|---|---|
| JANE STREET GROUP, LLC | +15,616 | $610,058 | OPEN |
| JONES FINANCIAL COMPANIES LLLP | +7,480 | $292,215 | ADD |
| CITADEL ADVISORS LLC | +1,531 | $59,810 | ADD |
| Cambridge Investment Research Advisors, Inc. | +557 | $21,760 | ADD |
| Kestra Advisory Services, LLC | +354 | $13,829 | — |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| GOLDMAN SACHS GROUP INC | −35,001 | $1M | TRIM |
| LPL Financial LLC | −33,670 | $1M | TRIM |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | −22,932 | $895,866 | CLOSE |
| RAYMOND JAMES FINANCIAL INC | −7,226 | $282,292 | TRIM |
| OSAIC HOLDINGS, INC. | −7,000 | $273,463 | 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).
