% of shares outstanding is not shown for ILIT: 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 ILIT 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 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 106,423106,423 | $2M | — | ADD 178% |
| 2 | GTS SECURITIES LLC | 75,13975,139 | $1M | — | NEW |
| 3 | JANE STREET GROUP, LLC | 34,91034,910 | $601,548 | — | NEW |
| 4 | Farther Finance Advisors, LLC | 3,5323,532 | $60,822 | — | ADD 95% |
| 5 | Smartleaf Asset Management LLC | 3,1263,126 | $53,048 | — | ADD 72% |
| 6 | SIMPLEX TRADING, LLC | 3,0783,078 | $53,038 | — | ADD 9% |
| 7 | GROUP ONE TRADING LLC | 2,3632,363 | $40,718 | — | TRIM -52% |
| 8 | OSAIC HOLDINGS, INC. | 1,5001,500 | $25,845 | — | — |
| 9 | Geneos Wealth Management Inc. | 914914 | $15,751 | — | — |
| 10 | NATIONAL BANK OF CANADA /FI/ | 761761 | $13,097 | — | — |
| 11 | ROYAL BANK OF CANADA | 500500 | $9,000 | — | ADD 25% |
| 12 | MAI Capital Management | 107107 | $1,844 | — | — |
| 13 | EverSource Wealth Advisors, LLC | 102102 | $1,758 | — | NEW |
| 14 | Advisory Services Network, LLC | 5050 | $862 | — | NEW |
| 15 | Financially Speaking Inc | 66 | $104 | — | NEW |
| 16 | UBS Group AG | 33 | $52 | — | — |
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 |
|---|---|---|---|---|---|---|---|
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 54K | 55K | 29K | — | 38K | 106K | $2M |
| GTS SECURITIES LLC | — | — | — | — | — | 75K | $1M |
| JANE STREET GROUP, LLC | 34K | — | — | — | — | 35K | $601,548 |
| Farther Finance Advisors, LLC | — | 515 | 515 | 515 | 2K | 4K | $60,822 |
| Smartleaf Asset Management LLC | — | — | — | — | 2K | 3K | $53,048 |
| SIMPLEX TRADING, LLC | — | — | 144 | 3K | 3K | 3K | $53,038 |
| GROUP ONE TRADING LLC | — | — | — | — | 5K | 2K | $40,718 |
| OSAIC HOLDINGS, INC. | — | — | — | — | 2K | 2K | $25,845 |
| Geneos Wealth Management Inc. | 896 | 2K | 896 | 896 | 914 | 914 | $15,751 |
| NATIONAL BANK OF CANADA /FI/ | 761 | 761 | 761 | 761 | 761 | 761 | $13,097 |
| ROYAL BANK OF CANADA | 400 | 400 | 800 | 400 | 400 | 500 | $9,000 |
| MAI Capital Management | — | 107 | 107 | 107 | 107 | 107 | $1,844 |
| EverSource Wealth Advisors, LLC | — | — | — | — | — | 102 | $1,758 |
| Advisory Services Network, LLC | — | — | — | — | — | 50 | $862 |
| Financially Speaking Inc | — | — | — | — | — | 6 | $104 |
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 | 16 | 232,514 | — | $4M |
| 2025-Q4 | 13 | 89,734 | — | $1M |
| 2025-Q3 | 8 | 9,450 | — | $113,966 |
| 2025-Q2 | 10 | 36,319 | — | $285,065 |
| 2025-Q1 | 7 | 58,948 | — | $480,715 |
| 2024-Q4 | 8 | 90,585 | — | $802,138 |
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 | |
|---|---|---|---|
| GTS SECURITIES LLC | +75,139 | $1M | OPEN |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | +68,178 | $1M | ADD |
| JANE STREET GROUP, LLC | +34,910 | $606,352 | OPEN |
| Farther Finance Advisors, LLC | +1,717 | $29,823 | ADD |
| Smartleaf Asset Management LLC | +1,310 | $22,753 | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| FLOW TRADERS U.S. LLC | −35,119 | $609,982 | CLOSE |
| GROUP ONE TRADING LLC | −2,566 | $44,569 | TRIM |
| MORGAN STANLEY | −1,293 | $22,458 | 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).
| 2024-Q3 | 6 | 16,257 | — | $185,612 |
| 2024-Q2 | 3 | 32,566 | — | $349,785 |
| 2024-Q1 | 5 | 33,213 | — | $452,898 |
| 2023-Q4 | 3 | 129,666 | — | $2M |
| 2023-Q3 | 3 | 158,832 | — | $3M |
| 2023-Q2 | 1 | 150,000 | — | $4M |
