% of shares outstanding not shown: no SEC cover-page share count falls within 120 days of the 2026-Q1 quarter end, so any percentage would rest on a count that cannot speak for this quarter. Holder share counts are shown as filed.
Crowding percentile withheld — no market cap for JFR 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 | MORGAN STANLEY | 6,069,6596.1M | $46M | — | TRIM -6% |
| 2 | SIT INVESTMENT ASSOCIATES INC | 4,639,4164.6M | $35M | — | — |
| 3 | Congress Park Capital LLC | 3,121,3233.1M | $23M | — | ADD 43% |
| 4 | Invesco Ltd. | 2,944,5942.9M | $22M | — | — |
| 5 | LOOMIS SAYLES & CO L P | 2,897,0392.9M | $22M | — | NEW |
| 6 | Penserra Capital Management LLC | 2,782,3032.8M | $21M | — | ADD 10% |
| 7 | LPL Financial LLC | 2,624,1352.6M | $20M | — | TRIM -10% |
| 8 | WELLS FARGO & COMPANY/MN | 2,493,8612.5M | $19M | — | ADD 54% |
| 9 | 1607 Capital Partners, LLC | 2,164,6182.2M | $16M | — | ADD 341% |
| 10 | GUGGENHEIM CAPITAL LLC | 1,946,8611.9M | $15M | — | TRIM -11% |
| 11 | BANK OF AMERICA CORP /DE/ | 1,915,2211.9M | $14M | — | TRIM -7% |
| 12 | Cyndeo Wealth Partners, LLC | 1,795,3701.8M | $14M | — | ADD 17% |
| 13 | ICON ADVISERS INC/CO | 1,716,7591.7M | $13M | — | — |
| 14 | RAYMOND JAMES FINANCIAL INC | 1,576,4141.6M | $12M | — | ADD 14% |
| 15 | Advisors Asset Management, Inc. | 1,552,4251.6M | $12M | — | ADD 10% |
| 16 | ROYAL BANK OF CANADA | 1,279,1181.3M | $10M | — | ADD 16% |
| 17 | Balyasny Asset Management L.P. | 939,188939,188 | $7M | — | TRIM -6% |
| 18 | UBS Group AG | 914,688914,688 | $7M | — | ADD 11% |
| 19 | COHEN & STEERS, INC. | 853,263853,263 | $6M | — | — |
| 20 | AMERIPRISE FINANCIAL INC | 831,940831,940 | $6M | — | ADD 8% |
| 21 | Kanen Wealth Management LLC | 813,234813,234 | $6M | — | ADD 6% |
| 22 | Rockefeller Capital Management L.P. | 730,397730,397 | $5M | — | TRIM -4% |
| 23 | Thomas J. Herzfeld Advisors, Inc. | 713,294713,294 | $5M | — | TRIM -19% |
| 24 | Ethos Financial Group, LLC | 646,392646,392 | $5M | — | — |
| 25 | Logan Stone Capital, LLC | 502,052502,052 | $4M | — | TRIM -61% |
| 26 | ENVESTNET ASSET MANAGEMENT INC | 474,087474,087 | $4M | — | TRIM -36% |
| 27 | Cetera Investment Advisers | 453,542453,542 | $3M | — | ADD 16% |
| 28 | Almitas Capital LLC | 411,628411,628 | $3M | — | ADD 249% |
| 29 | Coastal Bridge Advisors, LLC | 406,970406,970 | $3M | — | TRIM -10% |
| 30 | ABSOLUTE INVESTMENT ADVISERS, LLC | 391,237391,237 | $3M | — | ADD 35% |
| 31 | CITY OF LONDON INVESTMENT MANAGEMENT CO LTD | 384,140384,140 | $3M | — | ADD 5% |
| 32 | GraniteShares Advisors LLC | 309,750309,750 | $2M | — | TRIM -10% |
| 33 | Baird Financial Group, Inc. | 305,520305,520 | $2M | — | — |
| 34 | JANE STREET GROUP, LLC | 304,722304,722 | $2M | — | TRIM -44% |
| 35 | Saba Capital Management, L.P. | 300,025300,025 | $2M | — | NEW |
| 36 | COMMONWEALTH EQUITY SERVICES, LLC | 298,104298,104 | $2M | — | TRIM -7% |
| 37 | INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 289,156289,156 | $2M | — | ADD 2% |
| 38 | WOLVERINE ASSET MANAGEMENT LLC | 271,051271,051 | $2M | — | TRIM -6% |
| 39 | Matisse Capital | 250,000250,000 | $2M | — | NEW |
| 40 | RFG Advisory, LLC | 239,830239,830 | $2M | — | ADD 63% |
| 41 | HARBOUR INVESTMENTS, INC. | 239,614239,614 | $2M | — | ADD 93% |
| 42 | Capital Investment Advisors, LLC | 224,467224,467 | $2M | — | TRIM -5% |
| 43 | Aviance Capital Partners, LLC | 199,524199,524 | $2M | — | ADD 8% |
| 44 | HOURGLASS CAPITAL, LLC | 197,523197,523 | $1M | — | NEW |
| 45 | READYSTATE ASSET MANAGEMENT LP | 196,077196,077 | $1M | — | ADD 52% |
| 46 | OSAIC HOLDINGS, INC. | 186,804186,804 | $1M | — | TRIM -14% |
| 47 | Kovack Advisors, Inc. | 168,666168,666 | $1M | — | ADD 94% |
| 48 | Cambridge Investment Research Advisors, Inc. | 165,262165,262 | $1M | — | TRIM -13% |
| 49 | Quarry LP | 150,100150,100 | $1M | — | ADD 30% |
| 50 | Advisory Services Network, LLC | 125,266125,266 | $941,997 | — | ADD 8% |
| 51 | HORIZON KINETICS ASSET MANAGEMENT LLC | 119,308119,308 | $897,196 | — | — |
| 52 | Thrivent Financial for Lutherans | 117,669117,669 | $885,000 | — | — |
| 53 | Arlington Capital Management, Inc. | 112,678112,678 | $847,339 | — | NEW |
| 54 | MELFA WEALTH MANAGEMENT, INC. | 107,219107,219 | $806,288 | — | — |
| 55 | XTX Topco Ltd | 103,506103,506 | $778,365 | — | TRIM -18% |
| 56 | CHOREO, LLC | 101,280101,280 | $768,284 | — | TRIM -35% |
| 57 | Kestra Advisory Services, LLC | 101,759101,759 | $765,231 | — | ADD 58% |
| 58 | Janney Montgomery Scott LLC | 99,78999,789 | $750,000 | — | — |
| 59 | Sigma Planning Corp | 97,97397,973 | $736,753 | — | — |
| 60 | HighTower Advisors, LLC | 96,53596,535 | $725,942 | — | TRIM -12% |
| 61 | Ionic Capital Management LLC | 94,36094,360 | $709,587 | — | NEW |
| 62 | CastleKnight Management LP | 87,40087,400 | $657,248 | — | — |
| 63 | INDEPENDENT FINANCIAL GROUP, LLC | 80,65380,653 | $606,511 | — | TRIM -14% |
| 64 | Yakira Capital Management, Inc. | 77,77877,778 | $584,891 | — | TRIM -2% |
| 65 | Blackhawk Capital Partners, LLC | 75,62075,620 | $568,662 | — | TRIM -11% |
| 66 | Cerity Partners LLC | 74,52674,526 | $560,436 | — | ADD 87% |
| 67 | Virtus Investment Advisers, LLC | 74,36574,365 | $559,225 | — | TRIM -14% |
| 68 | ROBINSON CAPITAL MANAGEMENT, LLC | 73,89573,895 | $556,429 | — | — |
| 69 | FIRST TRUST ADVISORS LP | 73,86573,865 | $555,464 | — | TRIM -13% |
| 70 | Gladstone Institutional Advisory LLC | 72,45572,455 | $544,862 | — | ADD 6% |
| 71 | GILL CAPITAL PARTNERS, LLC | 69,97369,973 | $526,199 | — | — |
| 72 | Edgemoor Investment Advisors, Inc. | 68,42168,421 | $514,528 | — | — |
| 73 | Private Advisor Group, LLC | 65,15065,150 | $489,926 | — | ADD 51% |
| 74 | LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | 64,39964,399 | $484,281 | — | TRIM -74% |
| 75 | STIFEL FINANCIAL CORP | 62,76562,765 | $471,991 | — | TRIM -4% |
| 76 | Seelaus Asset Management LLC | 60,90860,908 | $458,028 | — | TRIM -12% |
| 77 | &PARTNERS | 56,08056,080 | $421,723 | — | TRIM -3% |
| 78 | Steward Partners Investment Advisory, LLC | 55,55055,550 | $417,738 | — | TRIM -4% |
| 79 | Collar Capital Management, LLC | 54,38354,383 | $408,960 | — | — |
| 80 | New England Private Wealth Advisors LLC | 52,43152,431 | $394,281 | — | NEW |
| 81 | WORLD EQUITY GROUP, INC. | 51,69351,693 | $388,731 | — | ADD 6% |
| 82 | OPPENHEIMER & CO INC | 49,35549,355 | $371,150 | — | TRIM -11% |
| 83 | Shaker Financial Services, LLC | 46,00046,000 | $356,025 | — | TRIM -60% |
| 84 | Fortitude Advisory Group L.L.C. | 45,78145,781 | $344,271 | — | — |
| 85 | Focus Partners Wealth | 44,43844,438 | $334,176 | — | NEW |
| 86 | Coquina Private Wealth LLC | 44,40644,406 | $333,931 | — | TRIM -2% |
| 87 | CONNING INC. | 43,05043,050 | $323,736 | — | — |
| 88 | Koshinski Asset Management, Inc. | 40,83840,838 | $307,102 | — | TRIM -11% |
| 89 | Ascentis Independent Advisors | 40,50940,509 | $304,632 | — | NEW |
| 90 | Spire Wealth Management | 40,50040,500 | $304,560 | — | TRIM -7% |
| 91 | Calamos Advisors LLC | 40,41440,414 | $303,913 | — | NEW |
| 92 | RVW Wealth, LLC | 40,34940,349 | $303,424 | — | — |
| 93 | Concurrent Investment Advisors, LLC | 39,58239,582 | $297,658 | — | — |
| 94 | E&G Advisors, LP | 35,72935,729 | $268,682 | — | — |
| 95 | CoreCap Advisors, LLC | 34,36834,368 | $258,447 | — | TRIM -16% |
| 96 | Closed-End Fund Advisors, Inc. | 32,38132,381 | $243,505 | — | — |
| 97 | NOMURA HOLDINGS INC | 32,03832,038 | $240,926 | — | TRIM -14% |
| 98 | Integrated Wealth Concepts LLC | 31,70331,703 | $238,407 | — | ADD 3% |
| 99 | CALTON & ASSOCIATES, INC. | 31,44531,445 | $236,466 | — | TRIM -11% |
| 100 | HBK Sorce Advisory LLC | 30,11930,119 | $226,796 | — | — |
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 | 5.1M | 7.6M | 7.6M | 7.3M | 6.5M | 6.1M | $46M |
| SIT INVESTMENT ASSOCIATES INC | — | 6.5M | 6.0M | 5.3M | 4.6M | 4.6M | $35M |
| Congress Park Capital LLC | 1.5M | 2.4M | 2.8M | 2.8M | 2.2M | 3.1M | $23M |
| Invesco Ltd. | 2.0M | 2.7M | 2.7M | 2.8M | 2.9M | 2.9M | $22M |
| LOOMIS SAYLES & CO L P | — | — | — | — | — | 2.9M | $22M |
| Penserra Capital Management LLC | 2.0M | 2.0M | 2.1M | 2.3M | 2.5M | 2.8M | $21M |
| LPL Financial LLC | 2.7M | 2.7M | 2.8M | 3.1M | 2.9M | 2.6M | $20M |
| WELLS FARGO & COMPANY/MN | 760K | 650K | 628K | 626K | 1.6M | 2.5M | $19M |
| 1607 Capital Partners, LLC | — | — | — | — | 491K | 2.2M | $16M |
| GUGGENHEIM CAPITAL LLC | 1.8M | 2.0M | 2.1M | 2.2M | 2.2M | 1.9M | $15M |
| BANK OF AMERICA CORP /DE/ | 2.4M | 2.4M | 2.5M | 2.6M | 2.1M | 1.9M | $14M |
| Cyndeo Wealth Partners, LLC | 423K | 1.4M | 1.8M | 1.7M | 1.5M | 1.8M | $14M |
| ICON ADVISERS INC/CO | — | 608K | 385K | 568K | 1.7M | 1.7M | $13M |
| RAYMOND JAMES FINANCIAL INC | 1.4M | 1.4M | 1.4M | 1.3M | 1.4M | 1.6M | $12M |
| Advisors Asset Management, Inc. | 1.1M | 1.1M | 1.1M | 1.4M | 1.4M | 1.6M | $12M |
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 | |
|---|---|---|---|
| LOOMIS SAYLES & CO L P | +2,897,039 | $22M | OPEN |
| 1607 Capital Partners, LLC | +1,673,949 | $13M | ADD |
| Congress Park Capital LLC | +936,565 | $7M | ADD |
| WELLS FARGO & COMPANY/MN | +877,608 | $7M | ADD |
| Saba Capital Management, L.P. | +300,025 | $2M | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| RIVERNORTH CAPITAL MANAGEMENT, LLC | −2,772,908 | $21M | CLOSE |
| Logan Stone Capital, LLC | −780,696 | $6M | TRIM |
| MARINER INVESTMENT GROUP LLC | −633,488 | $5M | CLOSE |
| MORGAN STANLEY | −389,647 | $3M | TRIM |
| J.W. COLE ADVISORS, INC. | −372,650 | $3M | 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 | 183 | 59,625,124 | — | $449M |
| 2025-Q4 | 189 | 58,215,760 | — | $456M |
| 2025-Q3 | 176 | 53,902,587 | — | $441M |
| 2025-Q2 | 169 | 57,317,283 | — | $486M |
| 2025-Q1 | 172 | 55,491,676 | — | $470M |
| 2024-Q4 | 162 | 35,737,763 | — | $319M |
| 2024-Q3 | 159 | 37,590,786 | — | $552M |
| 2024-Q2 | 170 | 35,982,883 | — | $311M |
| 2024-Q1 | 173 | 49,071,191 | — | $428M |
| 2023-Q4 | 176 | 46,691,034 | — | $384M |
| 2023-Q3 | 169 | 41,000,444 | — | $337M |
| 2023-Q2 | 99 | 18,184,459 | — | $143M |
| 2023-Q1 | 98 | 18,366,789 | — | $151M |
| 2022-Q4 | 99 | 18,631,324 | — | $148M |
| 2022-Q3 | 89 | 18,428,672 | — | $150M |
| 2022-Q2 | 93 | 19,068,313 | — | $159M |
| 2022-Q1 | 100 | 17,242,951 | — | $173M |
| 2021-Q4 | 104 | 17,946,721 | — | $183M |
| 2021-Q3 | 102 | 18,649,501 | — | $188M |
| 2021-Q2 | 105 | 21,482,667 | — | $215M |
| 2021-Q1 | 95 | 24,370,424 | — | $235M |
| 2020-Q4 | 103 | 26,935,005 | — | $235M |
| 2020-Q3 | 89 | 24,274,361 | — | $202M |
| 2020-Q2 | 90 | 23,490,290 | — | $186M |
| 2020-Q1 | 95 | 22,644,245 | — | $171M |
| 2019-Q4 | 108 | 20,913,846 | — | $214M |
| 2019-Q3 | 96 | 18,834,020 | — | $183M |
| 2019-Q2 | 100 | 19,070,123 | — | $188M |
| 2019-Q1 | 100 | 18,374,621 | — | $177M |
| 2018-Q4 | 101 | 17,054,072 | — | $158M |
| 2018-Q3 | 95 | 14,608,574 | — | $152M |
| 2018-Q2 | 93 | 13,258,795 | — | $139M |
| 2018-Q1 | 88 | 12,876,558 | — | $140M |
| 2017-Q4 | 88 | 12,783,138 | — | $143M |
| 2017-Q3 | 73 | 13,036,405 | — | $153M |
| 2017-Q2 | 73 | 13,962,480 | — | $165M |
| 2017-Q1 | 83 | 15,854,935 | — | $182M |
| 2016-Q4 | 72 | 17,314,743 | — | $202M |
| 2016-Q3 | 70 | 19,104,628 | — | $211M |
| 2016-Q2 | 76 | 19,788,134 | — | $204M |
| 2016-Q1 | 79 | 20,673,867 | — | $208M |
| 2015-Q4 | 82 | 20,734,619 | — | $212M |
| 2015-Q3 | 76 | 18,676,029 | — | $188M |
| 2015-Q2 | 72 | 17,095,981 | — | $184M |
| 2015-Q1 | 71 | 16,078,930 | — | $183M |
| 2014-Q4 | 78 | 16,278,904 | — | $181M |
| 2014-Q3 | 77 | 15,594,055 | — | $177M |
| 2014-Q2 | 76 | 15,992,838 | — | $194M |
| 2014-Q1 | 72 | 15,169,321 | — | $181M |
| 2013-Q4 | 66 | 13,235,097 | — | $158M |
| 2013-Q3 | 60 | 11,121,053 | — | $133M |
| 2013-Q2 | 51 | 10,119,625 | — | $132M |
| 2013-Q1 | 3 | 348,596 | — | $5M |
