% of shares outstanding is not shown for KBWB: 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 KBWB 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 |
|---|---|---|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ | 7.7M | 13.0M | 12.8M | 12.4M | 12.3M | 11.4M | $902M |
| JPMORGAN CHASE & CO | 48K | 1.6M | 3.5M | 12.4M | 9.2M | 8.3M | $631M |
| Fisher Asset Management, LLC | 2.8M | 2.6M | 3.0M | 3.3M | 3.6M | 3.9M | $306M |
| GOLDMAN SACHS GROUP INC | 551K | 2.2M | 2.9M | 2.7M | 2.8M | 2.9M | $231M |
| Migdal Insurance & Financial Holdings Ltd. | 2.7M | 3.4M | 11.2M | 3.7M | 2.2M | 2.2M | $171M |
| MORGAN STANLEY | 771K | 1.0M | 1.1M | 1.6M | 1.5M | 1.9M | $154M |
| Wharton Business Group, LLC | 1.8M | 1.8M | 1.9M | 1.8M | 1.8M | 1.8M | $145M |
| Clal Insurance Enterprises Holdings Ltd | 3.0M | 3.5M | 4.4M | 3.9M | 2.3M | 1.4M | $112M |
| Temasek Holdings (Private) Ltd | — | 831K | — | 1.1M | 2.0M | 1.1M | $87M |
| TWO SIGMA INVESTMENTS, LP | — | — | 45K | 1.2M | — | 1.1M | $85M |
| OSAIC HOLDINGS, INC. | 16K | 43K | 40K | 736K | 723K | 738K | $58M |
| WELLS FARGO & COMPANY/MN | 366K | 409K | 418K | 429K | 497K | 676K | $53M |
| Cornerstone Advisors, LLC | — | — | — | — | 361K | 665K | $53M |
| EDMOND DE ROTHSCHILD HOLDING S.A. | 30 | 151K | 154K | 154K | 623K | 628K | $50M |
| Summit Trail Advisors, LLC | 307K | 673K | 473K | 639K | 538K | 531K | $42M |
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 | |
|---|---|---|---|
| TWO SIGMA INVESTMENTS, LP | +1,080,548 | $85M | OPEN |
| TIFF ADVISORY SERVICES, LLC | +522,543 | $41M | OPEN |
| MORGAN STANLEY | +491,907 | $39M | ADD |
| Annex Advisory Services, LLC | +389,057 | $31M | OPEN |
| Cornerstone Advisors, LLC | +304,600 | $24M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| MENORA MIVTACHIM HOLDINGS LTD. | −3,526,900 | $279M | TRIM |
| BANK OF AMERICA CORP /DE/ | −940,291 | $74M | TRIM |
| JPMORGAN CHASE & CO | −905,009 | $72M | TRIM |
| Temasek Holdings (Private) Ltd | −884,139 | $70M | TRIM |
| BNP PARIBAS FINANCIAL MARKETS | −852,919 | $67M | 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 | 299 | 48,367,522 | — | $3.8B |
| 2025-Q4 | 308 | 54,427,515 | — | $4.6B |
| 2025-Q3 | 260 | 63,504,383 | — | $5.0B |
| 2025-Q2 | 231 | 59,085,694 | — | $4.2B |
| 2025-Q1 | 230 | 44,818,220 | — | $2.8B |
| 2024-Q4 | 202 | 28,988,271 | — | $1.9B |
| 2024-Q3 | 164 | 21,925,171 | — | $1.3B |
| 2024-Q2 | 156 | 22,159,625 | — | $1.2B |
| 2024-Q1 | 147 | 20,330,085 | — | $1.1B |
| 2023-Q4 | 158 | 22,224,324 | — | $1.1B |
| 2023-Q3 | 141 | 27,159,303 | — | $1.1B |
| 2023-Q2 | 147 | 18,237,382 | — | $749M |
| 2023-Q1 | 157 | 17,676,837 | — | $742M |
| 2022-Q4 | 159 | 19,080,420 | — | $977M |
| 2022-Q3 | 138 | 19,103,906 | — | $941M |
| 2022-Q2 | 150 | 19,098,156 | — | $990M |
| 2022-Q1 | 172 | 25,387,770 | — | $1.6B |
| 2021-Q4 | 170 | 22,523,209 | — | $1.5B |
| 2021-Q3 | 150 | 29,820,551 | — | $2.0B |
| 2021-Q2 | 152 | 17,471,864 | — | $1.1B |
| 2021-Q1 | 130 | 21,182,451 | — | $1.3B |
| 2020-Q4 | 86 | 17,586,951 | — | $885M |
| 2020-Q3 | 79 | 10,725,043 | — | $396M |
| 2020-Q2 | 85 | 7,904,959 | — | $302M |
| 2020-Q1 | 71 | 7,094,719 | — | $238M |
| 2019-Q4 | 86 | 7,097,999 | — | $413M |
| 2019-Q3 | 77 | 7,866,136 | — | $405M |
| 2019-Q2 | 83 | 6,655,121 | — | $336M |
| 2019-Q1 | 88 | 6,850,974 | — | $326M |
| 2018-Q4 | 94 | 10,043,263 | — | $444M |
| 2018-Q3 | 99 | 11,040,680 | — | $597M |
| 2018-Q2 | 97 | 11,667,265 | — | $624M |
