% of shares outstanding is not shown for HEGD: 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 HEGD 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 |
|---|---|---|---|---|---|---|---|
| CWM, LLC | 1.5M | 1.6M | 1.8M | 2.5M | 3.9M | 4.6M | $113M |
| Taylor Securities Services, Inc. | — | — | — | — | 2.0M | 2.2M | $53M |
| Swan Global Investments, LLC | 2.8M | 2.8M | 2.8M | 2.5M | 2.8M | 1.6M | $39M |
| Blueprint Investment Partners LLC | 523K | 722K | 1.3M | 1.5M | 1.6M | 1.6M | $38M |
| LPL Financial LLC | 1.0M | 1.0M | 955K | 1.1M | 1.3M | 1.4M | $35M |
| ENVESTNET ASSET MANAGEMENT INC | 1.3M | 1.2M | 1.3M | 1.4M | 141K | 857K | $21M |
| Blueprint Financial Advisors LLC | — | 238K | 453K | 689K | 734K | 765K | $19M |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | — | — | — | — | — | 726K | $18M |
| Legacy CG, LLC | — | — | — | — | 672K | 687K | $17M |
| Beacon Pointe Advisors, LLC | 487K | 561K | 571K | 450K | 493K | 593K | $15M |
| Avior Wealth Management, LLC | 445K | 477K | 457K | 459K | 565K | 576K | $14M |
| Financial Designs Corp | — | 522K | 523K | 528K | 546K | 546K | $13M |
| LAUREL OAK WEALTH MANAGEMENT, LLC | — | — | — | — | 223K | 488K | $12M |
| RAYMOND JAMES FINANCIAL INC | 143K | 165K | 176K | 396K | 405K | 457K | $11M |
| NewEdge Advisors, LLC | 551K | 539K | 1.2M | 1.3M | 1.6M | 992K | $11M |
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 | |
|---|---|---|---|
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | +726,168 | $18M | OPEN |
| ENVESTNET ASSET MANAGEMENT INC | +716,030 | $18M | ADD |
| CWM, LLC | +694,636 | $17M | ADD |
| LAUREL OAK WEALTH MANAGEMENT, LLC | +265,389 | $7M | ADD |
| Inspire Advisors, LLC | +231,966 | $6M | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Swan Global Investments, LLC | −1,220,057 | $30M | TRIM |
| NewEdge Advisors, LLC | −586,874 | $14M | TRIM |
| FRANKLIN RESOURCES INC | −513,742 | $13M | CLOSE |
| Vantage Financial Partners, LLC | −477,957 | $12M | CLOSE |
| MY Wealth Management Inc. | −384,483 | $9M | 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).
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 79 | 21,543,817 | — | $519M |
| 2025-Q4 | 80 | 21,334,849 | — | $538M |
| 2025-Q3 | 69 | 16,246,274 | — | $405M |
| 2025-Q2 | 63 | 14,263,102 | — | $335M |
| 2025-Q1 | 70 | 12,783,861 | — | $280M |
| 2024-Q4 | 62 | 11,259,691 | — | $252M |
| 2024-Q3 | 44 | 9,092,964 | — | $205M |
| 2024-Q2 | 44 | 8,158,170 | — | $174M |
| 2024-Q1 | 40 | 7,747,737 | — | $161M |
| 2023-Q4 | 38 | 7,275,639 | — | $142M |
| 2023-Q3 | 34 | 7,018,003 | — | $127M |
| 2023-Q2 | 28 | 3,540,130 | — | $66M |
| 2023-Q1 | 34 | 3,911,623 | — | $69M |
| 2022-Q4 | 28 | 3,961,867 | — | $68M |
| 2022-Q3 | 26 | 3,706,947 | — | $62M |
| 2022-Q2 | 29 | 5,327,395 | — | $91M |
| 2022-Q1 | 28 | 6,726,897 | — | $126M |
| 2021-Q4 | 25 | 4,400,061 | — | $86M |
| 2021-Q3 | 15 | 2,954,256 | — | $54M |
| 2021-Q2 | 11 | 1,489,960 | — | $27M |
| 2021-Q1 | 7 | 1,024,344 | — | $18M |
| 2020-Q4 | 1 | 53,726 | — | $896,000 |
