% of shares outstanding is not shown for IQI: 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 IQI 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 | RAYMOND JAMES FINANCIAL INC | 1,176,3151.2M | $11M | — | TRIM -10% |
| 2 | GUGGENHEIM CAPITAL LLC | 1,128,4761.1M | $11M | — | TRIM -6% |
| 3 | Hennion & Walsh Asset Management, Inc. | 814,720814,720 | $8M | — | TRIM -9% |
| 4 | MORGAN STANLEY | 760,602760,602 | $7M | — | ADD 13% |
| 5 | SIT INVESTMENT ASSOCIATES INC | 657,913657,913 | $6M | — | TRIM -5% |
| 6 | LPL Financial LLC | 576,132576,132 | $6M | — | TRIM -21% |
| 7 | WELLS FARGO & COMPANY/MN | 467,486467,486 | $4M | — | ADD 10% |
| 8 | Allianz Asset Management GmbH | 461,597461,597 | $4M | — | — |
| 9 | VAN ECK ASSOCIATES CORP | 343,522343,522 | $3M | — | ADD 12% |
| 10 | Advisors Asset Management, Inc. | 247,604247,604 | $2M | — | — |
| 11 | ROYAL BANK OF CANADA | 244,870244,870 | $2M | — | ADD 5% |
| 12 | UBS Group AG | 225,082225,082 | $2M | — | TRIM -11% |
| 13 | Cambridge Investment Research Advisors, Inc. | 221,150221,150 | $2M | — | ADD 17% |
| 14 | COMMONWEALTH EQUITY SERVICES, LLC | 203,050203,050 | $2M | — | ADD 5% |
| 15 | AMERIPRISE FINANCIAL INC | 199,983199,983 | $2M | — | TRIM -41% |
| 16 | STIFEL FINANCIAL CORP | 198,921198,921 | $2M | — | TRIM -3% |
| 17 | ROBINSON CAPITAL MANAGEMENT, LLC | 195,032195,032 | $2M | — | TRIM -66% |
| 18 | Cetera Investment Advisers | 145,278145,278 | $1M | — | ADD 5% |
| 19 | JFS WEALTH ADVISORS, LLC | 144,837144,837 | $1M | — | — |
| 20 | North Ground Capital | 130,401130,401 | $1M | — | TRIM -45% |
| 21 | IFP Advisors, Inc | 124,151124,151 | $1M | — | ADD 157% |
| 22 | &PARTNERS | 120,684120,684 | $1M | — | ADD 9% |
| 23 | GOLDMAN SACHS GROUP INC | 104,146104,146 | $1M | — | — |
| 24 | CENTAURUS FINANCIAL, INC. | 103,781103,781 | $998,000 | — | ADD 7% |
| 25 | Lido Advisors, LLC | 102,331102,331 | $984,424 | — | — |
| 26 | OSAIC HOLDINGS, INC. | 81,00681,006 | $779,279 | — | TRIM -10% |
| 27 | Mariner, LLC | 76,41576,415 | $735,112 | — | — |
| 28 | PNC FINANCIAL SERVICES GROUP, INC. | 75,25275,252 | $723,924 | — | — |
| 29 | Cottage Street Advisors LLC | 65,00065,000 | $625,300 | — | ADD 550% |
| 30 | BANK OF AMERICA CORP /DE/ | 59,54459,544 | $572,813 | — | TRIM -4% |
| 31 | JANE STREET GROUP, LLC | 55,98455,984 | $538,566 | — | ADD 305% |
| 32 | Nuveen, LLC | 55,56055,560 | $534,487 | — | — |
| 33 | MML INVESTORS SERVICES, LLC | 49,89349,893 | $479,973 | — | — |
| 34 | Alpine Global Management, LLC | 47,72647,726 | $459,124 | — | NEW |
| 35 | Davis Investment Partners, LLC | 41,57841,578 | $399,982 | — | — |
| 36 | Janney Montgomery Scott LLC | 40,50640,506 | $390,000 | — | TRIM -5% |
| 37 | OPPENHEIMER & CO INC | 37,31437,314 | $358,961 | — | — |
| 38 | Stratos Wealth Partners, LTD. | 36,55336,553 | $351,647 | — | ADD 27% |
| 39 | Rockefeller Capital Management L.P. | 35,07335,073 | $337,410 | — | TRIM -21% |
| 40 | Savant Capital, LLC | 33,13133,131 | $318,717 | — | ADD 12% |
| 41 | Hardin Capital Partners, LLC | 32,50032,500 | $312,650 | — | — |
| 42 | Cornerstone Wealth Management, LLC | 30,68230,682 | $295,161 | — | ADD 100% |
| 43 | CWM, LLC | 30,36730,367 | $292,131 | — | ADD 576% |
| 44 | Compound Planning, Inc. | 30,04130,041 | $288,990 | — | ADD 6% |
| 45 | Concurrent Investment Advisors, LLC | 29,20029,200 | $280,904 | — | ADD 85% |
| 46 | Clear Point Advisors Inc. | 1,4111,411 | $270,771 | — | NEW |
| 47 | Capital Investment Advisors, LLC | 24,49224,492 | $235,613 | — | TRIM -4% |
| 48 | Compass Financial Group, INC/SD | 24,36924,369 | $234,430 | — | — |
| 49 | Tyche Wealth Partners LLC | 23,95923,959 | $230,484 | — | — |
| 50 | HORIZON KINETICS ASSET MANAGEMENT LLC | 21,96521,965 | $211,303 | — | — |
| 51 | Mutual Advisors, LLC | 21,80021,800 | $209,716 | — | NEW |
| 52 | Ashton Thomas Private Wealth, LLC | 21,10021,100 | $202,982 | — | ADD 41% |
| 53 | Kercheville Advisors, LLC | 21,00021,000 | $202,020 | — | ADD 31% |
| 54 | Fortitude Advisory Group L.L.C. | 20,86120,861 | $200,683 | — | — |
| 55 | Virtu Financial LLC | 20,15120,151 | $194,000 | — | NEW |
| 56 | Pathfinder Wealth Consulting, Inc. | 20,08020,080 | $193,170 | — | — |
| 57 | AlphaCore Capital LLC | 19,39219,392 | $186,549 | — | — |
| 58 | Avior Wealth Management, LLC | 15,70015,700 | $151,034 | — | — |
| 59 | MELFA WEALTH MANAGEMENT, INC. | 15,34415,344 | $147,613 | — | — |
| 60 | Sowell Financial Services LLC | 15,30015,300 | $147,186 | — | — |
| 61 | River Street Advisors LLC | 15,21515,215 | $146,369 | — | — |
| 62 | FIRST TRUST ADVISORS LP | 14,96714,967 | $143,982 | — | — |
| 63 | Steward Partners Investment Advisory, LLC | 14,05814,058 | $135,237 | — | — |
| 64 | HRT FINANCIAL LP | 14,08814,088 | $135,000 | — | NEW |
| 65 | BAR HARBOR WEALTH MANAGEMENT | 13,34813,348 | $128,408 | — | — |
| 66 | Successful Portfolios LLC | 13,24913,249 | $124,278 | — | TRIM -4% |
| 67 | HighTower Advisors, LLC | 12,39212,392 | $119,221 | — | TRIM -17% |
| 68 | Citizens National Bank Trust Department | 11,90011,900 | $114,478 | — | — |
| 69 | MERCER GLOBAL ADVISORS INC /ADV | 11,40011,400 | $109,668 | — | ADD 4% |
| 70 | World Investment Advisors | 11,36611,366 | $109,341 | — | — |
| 71 | Bramshill Investments, LLC | 11,30011,300 | $108,706 | — | — |
| 72 | INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 10,93210,932 | $105,601 | — | — |
| 73 | MONEY CONCEPTS CAPITAL CORP | 10,64810,648 | $102,434 | — | — |
| 74 | Live Oak Private Wealth LLC | 10,48010,480 | $100,818 | — | — |
| 75 | CITADEL ADVISORS LLC | 10,35910,359 | $99,654 | — | TRIM -88% |
| 76 | Orion Porfolio Solutions, LLC | 10,11010,110 | $97,258 | — | NEW |
| 77 | PETRA FINANCIAL ADVISORS INC | 10,00010,000 | $96,200 | — | — |
| 78 | WOLVERINE ASSET MANAGEMENT LLC | 6,1526,152 | $59,182 | — | NEW |
| 79 | ROTHSCHILD INVESTMENT LLC | 5,2065,206 | $50,082 | — | ADD 327% |
| 80 | JPMORGAN CHASE & CO | 3,8893,889 | $36,207 | — | NEW |
| 81 | Noble Wealth Management PBC | 3,5003,500 | $33,670 | — | — |
| 82 | US BANCORP \DE\ | 3,2853,285 | $31,602 | — | — |
| 83 | CITIGROUP INC | 3,0583,058 | $29,418 | — | — |
| 84 | Quent Capital, LLC | 2,9262,926 | $28,148 | — | ADD 4% |
| 85 | MAI Capital Management | 2,8112,811 | $27,042 | — | — |
| 86 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 2,5572,557 | $24,598 | — | NEW |
| 87 | EASTERN BANK | 2,2862,286 | $21,991 | — | — |
| 88 | HIGHLINE WEALTH PARTNERS LLC | 2,0002,000 | $19,240 | — | — |
| 89 | Ascentis Wealth Management, LLC | 1,7161,716 | $16,507 | — | — |
| 90 | Penserra Capital Management LLC | 1,4301,430 | $13,000 | — | NEW |
| 91 | Spire Wealth Management | 1,3021,302 | $12,525 | — | — |
| 92 | IFG Advisory, LLC | 1,0541,054 | $10,140 | — | NEW |
| 93 | FIRST HORIZON CORP | 1,0001,000 | $9,620 | — | — |
| 94 | Central Pacific Bank - Trust Division | 954954 | $9,177 | — | — |
| 95 | Community Financial Services Group, LLC | 877877 | $8,472 | — | NEW |
| 96 | ASSETMARK, INC | 500500 | $4,810 | — | — |
| 97 | NBC SECURITIES, INC. | 400400 | $3,848 | — | — |
| 98 | Financial Perspectives, Inc | 362362 | $3,482 | — | — |
| 99 | Pinnacle Bancorp, Inc. | 339339 | $3,261 | — | — |
| 100 | GoalVest Advisory LLC | 313313 | $3,011 | — | — |
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 |
|---|---|---|---|---|---|---|---|
| RAYMOND JAMES FINANCIAL INC | 1.2M | 1.3M | 1.4M | 1.3M | 1.3M | 1.2M | $11M |
| GUGGENHEIM CAPITAL LLC | 958K | 959K | 984K | 1.0M | 1.2M | 1.1M | $11M |
| Hennion & Walsh Asset Management, Inc. | 932K | 604K | 577K | 845K | 900K | 815K | $8M |
| MORGAN STANLEY | 531K | 548K | 581K | 640K | 673K | 761K | $7M |
| SIT INVESTMENT ASSOCIATES INC | 803K | 773K | 746K | 740K | 694K | 658K | $6M |
| LPL Financial LLC | 505K | 593K | 222K | 723K | 727K | 576K | $6M |
| WELLS FARGO & COMPANY/MN | 210K | 287K | 365K | 391K | 424K | 467K | $4M |
| Allianz Asset Management GmbH | 462K | 462K | 462K | 462K | 462K | 462K | $4M |
| VAN ECK ASSOCIATES CORP | 396K | 319K | 321K | 274K | 306K | 344K | $3M |
| Advisors Asset Management, Inc. | — | — | 117K | 240K | 248K | 248K | $2M |
| ROYAL BANK OF CANADA | 207K | 214K | 450K | 224K | 233K | 245K | $2M |
| UBS Group AG | 252K | 243K | 242K | 248K | 254K | 225K | $2M |
| Cambridge Investment Research Advisors, Inc. | 161K | 154K | 136K | 166K | 188K | 221K | $2M |
| COMMONWEALTH EQUITY SERVICES, LLC | 104K | 166K | 237K | 261K | 193K | 203K | $2M |
| AMERIPRISE FINANCIAL INC | 130K | 128K | 312K | 352K | 342K | 200K | $2M |
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 | +88,088 | $847,407 | ADD |
| IFP Advisors, Inc | +75,915 | $730,302 | ADD |
| Cottage Street Advisors LLC | +55,000 | $529,100 | ADD |
| Alpine Global Management, LLC | +47,726 | $459,124 | OPEN |
| WELLS FARGO & COMPANY/MN | +43,005 | $413,708 | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| NewEdge Advisors, LLC | −403,042 | $4M | CLOSE |
| ROBINSON CAPITAL MANAGEMENT, LLC | −378,845 | $4M | TRIM |
| Allspring Global Investments Holdings, LLC | −372,967 | $4M | CLOSE |
| Stratos Wealth Advisors, LLC | −239,797 | $2M | CLOSE |
| LPL Financial LLC | −150,964 | $1M | 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 | 105 | 10,582,275 | — | $102M |
| 2025-Q4 | 101 | 12,311,991 | — | $123M |
| 2025-Q3 | 102 | 12,820,924 | — | $126M |
| 2025-Q2 | 103 | 13,692,530 | — | $128M |
| 2025-Q1 | 105 | 14,371,907 | — | $139M |
| 2024-Q4 | 110 | 16,542,956 | — | $163M |
| 2024-Q3 | 101 | 16,649,289 | — | $177M |
| 2024-Q2 | 113 | 18,179,554 | — | $180M |
| 2024-Q1 | 109 | 19,338,695 | — | $187M |
| 2023-Q4 | 104 | 17,417,643 | — | $166M |
| 2023-Q3 | 90 | 15,717,023 | — | $132M |
| 2023-Q2 | 91 | 15,416,663 | — | $160M |
| 2023-Q1 | 89 | 15,052,580 | — | $150M |
| 2022-Q4 | 87 | 14,560,586 | — | $137M |
| 2022-Q3 | 93 | 13,278,903 | — | $121M |
| 2022-Q2 | 96 | 12,516,243 | — | $128M |
| 2022-Q1 | 92 | 10,679,083 | — | $121M |
| 2021-Q4 | 91 | 9,577,028 | — | $130M |
| 2021-Q3 | 87 | 9,182,901 | — | $121M |
| 2021-Q2 | 85 | 8,811,694 | — | $119M |
| 2021-Q1 | 87 | 9,317,226 | — | $121M |
| 2020-Q4 | 89 | 9,304,930 | — | $121M |
| 2020-Q3 | 92 | 9,686,433 | — | $120M |
| 2020-Q2 | 89 | 9,955,803 | — | $119M |
| 2020-Q1 | 83 | 9,074,903 | — | $106M |
| 2019-Q4 | 84 | 8,420,744 | — | $106M |
| 2019-Q3 | 75 | 8,152,947 | — | $104M |
| 2019-Q2 | 75 | 8,019,521 | — | $100M |
| 2019-Q1 | 78 | 8,247,826 | — | $100M |
| 2018-Q4 | 83 | 8,587,919 | — | $96M |
| 2018-Q3 | 80 | 8,149,976 | — | $94M |
| 2018-Q2 | 80 | 8,876,111 | — | $106M |
| 2018-Q1 | 80 | 8,606,652 | — | $102M |
| 2017-Q4 | 77 | 8,325,711 | — | $104M |
| 2017-Q3 | 67 | 6,484,745 | — | $83M |
| 2017-Q2 | 65 | 6,304,125 | — | $80M |
| 2017-Q1 | 63 | 6,593,626 | — | $82M |
| 2016-Q4 | 62 | 6,305,311 | — | $78M |
| 2016-Q3 | 62 | 5,745,399 | — | $79M |
| 2016-Q2 | 67 | 6,825,294 | — | $94M |
| 2016-Q1 | 71 | 7,970,214 | — | $106M |
| 2015-Q4 | 71 | 8,796,973 | — | $111M |
| 2015-Q3 | 63 | 8,214,082 | — | $100M |
| 2015-Q2 | 60 | 7,565,742 | — | $89M |
| 2015-Q1 | 61 | 7,699,360 | — | $97M |
| 2014-Q4 | 55 | 6,591,663 | — | $82M |
| 2014-Q3 | 51 | 5,577,944 | — | $68M |
| 2014-Q2 | 50 | 5,424,321 | — | $67M |
| 2014-Q1 | 52 | 5,483,914 | — | $65M |
| 2013-Q4 | 58 | 5,267,670 | — | $59M |
| 2013-Q3 | 50 | 4,209,054 | — | $48M |
| 2013-Q2 | 50 | 4,396,075 | — | $53M |
| 2013-Q1 | 3 | 100,574 | — | $1M |
