% of shares outstanding is not shown for GVAL: 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 GVAL 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 |
|---|---|---|---|---|---|---|---|
| MORGAN STANLEY | 15K | 18K | 30K | 371K | 412K | 1.3M | $45M |
| Cambria Investment Management, L.P. | 455K | 776K | 707K | 1.2M | 1.2M | 1.1M | $37M |
| ALM First Financial Advisors, LLC | 1.0M | 1.0M | 1.0M | 1.0M | 1.0M | 1.0M | $26M |
| SMI Advisory Services, LLC | — | 677K | 690K | 595K | 610K | 629K | $21M |
| Stratos Investment Management, LLC | — | — | — | — | — | 408K | $14M |
| ENVESTNET ASSET MANAGEMENT INC | — | — | — | 37K | 319K | 384K | $13M |
| JANE STREET GROUP, LLC | 53K | 100K | — | — | — | 360K | $12M |
| MML INVESTORS SERVICES, LLC | — | — | — | 13K | 329K | 359K | $12M |
| LPL Financial LLC | 13K | 24K | 256K | 389K | 222K | 309K | $10M |
| Rockport Wealth LLC | — | — | — | 147K | 191K | 260K | $9M |
| D.A. DAVIDSON & CO. | — | — | — | 31K | 122K | 234K | $8M |
| Sepio Capital, LP | — | — | — | — | — | 229K | $8M |
| Empowered Funds, LLC | — | — | — | 207K | — | 210K | $7M |
| RAYMOND JAMES FINANCIAL INC | — | — | 14K | 146K | 169K | 205K | $7M |
| ALTFEST L J & CO INC | — | 310K | 175K | 178K | 178K | 177K | $6M |
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 | |
|---|---|---|---|
| MORGAN STANLEY | +930,597 | $31M | ADD |
| Stratos Investment Management, LLC | +408,299 | $14M | OPEN |
| JANE STREET GROUP, LLC | +359,977 | $12M | OPEN |
| Sepio Capital, LP | +228,933 | $8M | OPEN |
| Empowered Funds, LLC | +210,333 | $7M | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Cambria Investment Management, L.P. | −74,501 | $2M | TRIM |
| Jaffetilchin Investment Partners, LLC | −44,850 | $1M | CLOSE |
| IFG Advisory, LLC | −27,933 | $926,538 | CLOSE |
| Mutual Advisors, LLC | −13,332 | $442,222 | CLOSE |
| Betterment LLC | −6,566 | $217,794 | 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 | 74 | 9,134,104 | — | $295M |
| 2025-Q4 | 52 | 6,034,438 | — | $190M |
| 2025-Q3 | 53 | 5,592,982 | — | $163M |
| 2025-Q2 | 43 | 3,754,524 | — | $101M |
| 2025-Q1 | 27 | 3,495,546 | — | $84M |
| 2024-Q4 | 26 | 2,271,616 | — | $47M |
| 2024-Q3 | 27 | 2,050,931 | — | $45M |
| 2024-Q2 | 24 | 2,834,581 | — | $59M |
| 2024-Q1 | 26 | 3,515,030 | — | $75M |
| 2023-Q4 | 26 | 3,411,290 | — | $73M |
| 2023-Q3 | 23 | 4,087,682 | — | $79M |
| 2023-Q2 | 21 | 4,176,477 | — | $84M |
| 2023-Q1 | 22 | 4,275,505 | — | $87M |
| 2022-Q4 | 21 | 3,664,734 | — | $73M |
| 2022-Q3 | 19 | 1,072,348 | — | $17M |
| 2022-Q2 | 22 | 1,436,297 | — | $26M |
| 2022-Q1 | 24 | 1,468,888 | — | $31M |
| 2021-Q4 | 29 | 1,424,840 | — | $33M |
| 2021-Q3 | 22 | 1,080,999 | — | $25M |
| 2021-Q2 | 28 | 1,559,336 | — | $36M |
| 2021-Q1 | 29 | 1,592,416 | — | $35M |
| 2020-Q4 | 26 | 1,521,532 | — | $33M |
| 2020-Q3 | 26 | 1,602,692 | — | $28M |
| 2020-Q2 | 24 | 1,767,681 | — | $31M |
| 2020-Q1 | 28 | 2,077,415 | — | $32M |
| 2019-Q4 | 34 | 1,902,754 | — | $46M |
| 2019-Q3 | 33 | 1,943,737 | — | $44M |
| 2019-Q2 | 34 | 1,927,034 | — | $46M |
| 2019-Q1 | 33 | 1,934,782 | — | $44M |
| 2018-Q4 | 32 | 1,791,067 | — | $38M |
| 2018-Q3 | 29 | 1,472,790 | — | $35M |
| 2018-Q2 | 25 | 1,959,373 | — | $47M |
| 2018-Q1 | 26 | 2,538,085 | — | $67M |
| 2017-Q4 | 22 | 2,169,601 | — | $56M |
| 2017-Q3 | 22 | 2,149,538 | — | $54M |
| 2017-Q2 | 20 | 1,264,402 | — | $30M |
| 2017-Q1 | 21 | 1,205,149 | — | $27M |
| 2016-Q4 | 16 | 828,262 | — | $17M |
| 2016-Q3 | 16 | 681,485 | — | $13M |
| 2016-Q2 | 14 | 558,638 | — | $10M |
| 2016-Q1 | 17 | 552,971 | — | $10M |
| 2015-Q4 | 19 | 632,357 | — | $11M |
| 2015-Q3 | 15 | 576,303 | — | $11M |
| 2015-Q2 | 12 | 717,693 | — | $14M |
| 2015-Q1 | 10 | 381,369 | — | $15M |
| 2014-Q4 | 11 | 479,890 | — | $16M |
| 2014-Q3 | 9 | 373,449 | — | $14M |
| 2014-Q2 | 8 | 175,132 | — | $12M |
| 2014-Q1 | 2 | 58,206 | — | $5M |
