% of shares outstanding is not shown for KMLM: 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 KMLM 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 | POTOMAC FUND MANAGEMENT INC /ADV | 995,402995,402 | $28M | — | NEW |
| 2 | Ted Buchan & Co | 307,401307,401 | $9M | — | ADD 10% |
| 3 | RAYMOND JAMES FINANCIAL INC | 256,612256,612 | $7M | — | ADD 22% |
| 4 | ABBINGTON INVESTMENT GROUP | 243,944243,944 | $7M | — | ADD 28% |
| 5 | ENVESTNET ASSET MANAGEMENT INC | 164,071164,071 | $5M | — | ADD 64% |
| 6 | MANNING & NAPIER ADVISORS LLC | 159,971159,971 | $5M | — | ADD 107% |
| 7 | Longview Financial Advisors, Inc. | 134,613134,613 | $4M | — | ADD 6% |
| 8 | Sound Financial Strategies Group, LLC | 113,040113,040 | $3M | — | ADD 42% |
| 9 | Illumine Investment Management, LLC | 109,677109,677 | $3M | — | — |
| 10 | GeoWealth Management, LLC | 93,32193,321 | $3M | — | NEW |
| 11 | CAPTRUST FINANCIAL ADVISORS | 90,46690,466 | $3M | — | ADD 6% |
| 12 | Latitude Advisors, LLC | 79,27679,276 | $2M | — | — |
| 13 | CSS LLC/IL | 78,02778,027 | $2M | — | — |
| 14 | Kovack Advisors, Inc. | 71,41971,419 | $2M | — | NEW |
| 15 | BANK OF MONTREAL /CAN/ | 69,13969,139 | $2M | — | ADD 3% |
| 16 | Lifetime Wealth Management P.C. | 45,85845,858 | $1M | — | ADD 7% |
| 17 | NVWM, LLC | 41,76441,764 | $1M | — | TRIM -29% |
| 18 | Ascentis Wealth Management, LLC | 40,85340,853 | $1M | — | ADD 33% |
| 19 | ROYAL BANK OF CANADA | 38,57938,579 | $1M | — | ADD 120% |
| 20 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 37,97037,970 | $1M | — | ADD 95% |
| 21 | Magnolia Private Wealth, LLC | 84,71584,715 | $1M | — | ADD 134% |
| 22 | Ascentis Independent Advisors | 34,59534,595 | $975,595 | — | NEW |
| 23 | Ferguson Shapiro LLC | 30,45030,450 | $858,690 | — | NEW |
| 24 | Fermata Advisors, LLC | 29,34229,342 | $827,438 | — | ADD 8% |
| 25 | Andina Capital Management, LLC | 29,22529,225 | $824,145 | — | TRIM -18% |
| 26 | FMA Wealth Management, LLC | 22,95422,954 | $647,298 | — | — |
| 27 | Visionary Wealth Advisors | 20,44320,443 | $576,505 | — | TRIM -5% |
| 28 | Atria Investments, Inc | 18,20718,207 | $513,437 | — | TRIM -18% |
| 29 | Ancora Advisors LLC | 18,14918,149 | $511,796 | — | TRIM -17% |
| 30 | WFA of San Diego, LLC | 16,90416,904 | $476,693 | — | — |
| 31 | Altiora Financial Group, LLC | 16,25016,250 | $458,250 | — | NEW |
| 32 | Blueprint Investment Partners LLC | 13,47013,470 | $379,854 | — | TRIM -15% |
| 33 | Blueprint Financial Advisors LLC | 13,47013,470 | $379,854 | — | TRIM -15% |
| 34 | Signal Advisors Wealth, LLC | 13,05513,055 | $368,151 | — | NEW |
| 35 | MGO ONE SEVEN LLC | 12,71312,713 | $358,531 | — | TRIM -9% |
| 36 | PFG Investments, LLC | 10,87010,870 | $306,523 | — | — |
| 37 | Worth Asset Management, LLC | 9,6649,664 | $272,525 | — | NEW |
| 38 | IPG Investment Advisors LLC | 8,0488,048 | $226,954 | — | — |
| 39 | Advisory Services Network, LLC | 5,0595,059 | $142,663 | — | NEW |
| 40 | OSAIC HOLDINGS, INC. | 2,3182,318 | $65,382 | — | TRIM -19% |
| 41 | CWM, LLC | 655655 | $18,471 | — | TRIM -22% |
| 42 | FIFTH THIRD BANCORP | 408408 | $11,506 | — | — |
| 43 | UBS Group AG | 400400 | $11,280 | — | NEW |
| 44 | MATHER GROUP, LLC. | 298298 | $8,404 | — | NEW |
| 45 | HARBOUR INVESTMENTS, INC. | 120120 | $3,402 | — | — |
| 46 | NBT BANK N A /NY | 120120 | $3,384 | — | NEW |
| 47 | WELLS FARGO & COMPANY/MN | 2626 | $733 | — | NEW |
| 48 | ASSETMARK, INC | 66 | $169 | — | NEW |
| 49 | Creative Capital Management Investments LLC | 44 | $113 | — | — |
| 50 | MORGAN STANLEY | 11 | $54 | — | TRIM -50% |
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 |
|---|---|---|---|---|---|---|---|
| POTOMAC FUND MANAGEMENT INC /ADV | — | — | — | — | — | 995K | $28M |
| Ted Buchan & Co | 235K | 253K | 265K | 259K | 279K | 307K | $9M |
| RAYMOND JAMES FINANCIAL INC | 156K | 169K | 188K | 213K | 211K | 257K | $7M |
| ABBINGTON INVESTMENT GROUP | — | — | — | 151K | 190K | 244K | $7M |
| ENVESTNET ASSET MANAGEMENT INC | 116K | 135K | 53K | 52K | 100K | 164K | $5M |
| MANNING & NAPIER ADVISORS LLC | — | — | 832 | 13K | 77K | 160K | $5M |
| Longview Financial Advisors, Inc. | 124K | 127K | 119K | 123K | 127K | 135K | $4M |
| Sound Financial Strategies Group, LLC | 143K | — | — | 63K | 79K | 113K | $3M |
| Illumine Investment Management, LLC | 89K | 109K | 109K | 110K | 109K | 110K | $3M |
| GeoWealth Management, LLC | — | — | — | — | — | 93K | $3M |
| CAPTRUST FINANCIAL ADVISORS | 127K | 122K | 108K | 91K | 85K | 90K | $3M |
| Latitude Advisors, LLC | 51K | 83K | 74K | 71K | 79K | 79K | $2M |
| CSS LLC/IL | 47K | 65K | 69K | 72K | 78K | 78K | $2M |
| Kovack Advisors, Inc. | — | — | — | — | — | 71K | $2M |
| BANK OF MONTREAL /CAN/ | 54K | 54K | 55K | 55K | 67K | 69K | $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 | |
|---|---|---|---|
| POTOMAC FUND MANAGEMENT INC /ADV | +995,402 | $28M | OPEN |
| GeoWealth Management, LLC | +93,321 | $3M | OPEN |
| MANNING & NAPIER ADVISORS LLC | +82,745 | $2M | ADD |
| Kovack Advisors, Inc. | +71,419 | $2M | OPEN |
| ENVESTNET ASSET MANAGEMENT INC | +64,300 | $2M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| JANE STREET GROUP, LLC | −126,051 | $4M | CLOSE |
| NVWM, LLC | −17,187 | $484,673 | TRIM |
| ORG Partners LLC | −16,834 | $474,719 | CLOSE |
| KITCHING PARTNERS, LLC | −15,380 | $433,716 | CLOSE |
| Tactive Advisors, LLC | −14,418 | $406,588 | 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 | 50 | 3,583,342 | — | $100M |
| 2025-Q4 | 46 | 2,119,018 | — | $55M |
| 2025-Q3 | 51 | 2,371,751 | — | $64M |
| 2025-Q2 | 49 | 2,411,690 | — | $64M |
| 2025-Q1 | 54 | 3,419,462 | — | $85M |
| 2024-Q4 | 57 | 3,163,050 | — | $89M |
| 2024-Q3 | 53 | 3,330,059 | — | $97M |
| 2024-Q2 | 55 | 2,952,047 | — | $86M |
| 2024-Q1 | 54 | 2,916,924 | — | $87M |
| 2023-Q4 | 61 | 3,083,127 | — | $89M |
| 2023-Q3 | 53 | 3,165,428 | — | $103M |
| 2023-Q2 | 49 | 2,706,348 | — | $82M |
| 2023-Q1 | 53 | 4,081,807 | — | $140M |
| 2022-Q4 | 57 | 3,318,779 | — | $101M |
| 2022-Q3 | 33 | 2,905,093 | — | $111M |
| 2022-Q2 | 18 | 1,482,770 | — | $52M |
| 2022-Q1 | 5 | 15,093 | — | $475,316 |
| 2021-Q4 | 3 | 511 | — | $13,265 |
| 2021-Q3 | 4 | 31,675 | — | $917,290 |
| 2021-Q2 | 2 | 29,155 | — | $850,000 |
| 2021-Q1 | 2 | 38,206 | — | $1M |
