% of shares outstanding is not shown for LGOV: 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 LGOV 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 | LPL Financial LLC | 4,265,6694.3M | $92M | — | ADD 10% |
| 2 | ROYAL BANK OF CANADA | 2,020,4582.0M | $44M | — | ADD 9% |
| 3 | MORGAN STANLEY | 1,692,2631.7M | $37M | — | ADD 38% |
| 4 | Csenge Advisory Group | 1,135,8001.1M | $24M | — | ADD 17% |
| 5 | GDS Wealth Management | 1,086,1091.1M | $23M | — | ADD 4% |
| 6 | RAYMOND JAMES FINANCIAL INC | 1,015,2301.0M | $22M | — | TRIM -19% |
| 7 | Stratos Investment Management, LLC | 936,203936,203 | $20M | — | ADD 24% |
| 8 | STEPHENS INC /AR/ | 870,712870,712 | $19M | — | ADD 30% |
| 9 | Walkner Condon Financial Advisors LLC | 840,755840,755 | $18M | — | — |
| 10 | ENVESTNET ASSET MANAGEMENT INC | 812,608812,608 | $18M | — | ADD 13% |
| 11 | Cambridge Investment Research Advisors, Inc. | 807,356807,356 | $17M | — | ADD 3% |
| 12 | Cetera Investment Advisers | 767,082767,082 | $17M | — | ADD 37% |
| 13 | Marshall Financial Group, LLC | 696,277696,277 | $15M | — | TRIM -3% |
| 14 | Tidemark, LLC | 600,468600,468 | $13M | — | ADD 6% |
| 15 | Concurrent Investment Advisors, LLC | 536,274536,274 | $12M | — | TRIM -5% |
| 16 | Financial Enhancement Group LLC | 498,485498,485 | $11M | — | TRIM -36% |
| 17 | Integrated Wealth Concepts LLC | 493,086493,086 | $11M | — | TRIM -25% |
| 18 | CITADEL ADVISORS LLC | 479,638479,638 | $10M | — | ADD 1300% |
| 19 | FIRST TRUST ADVISORS LP | 394,526394,526 | $9M | — | ADD 52% |
| 20 | Centennial Wealth Advisory LLC | 394,494394,494 | $9M | — | ADD 109% |
| 21 | Anderson Financial Strategies, LLC | 339,240339,240 | $7M | — | — |
| 22 | Kingsview Wealth Management, LLC | 296,664296,664 | $6M | — | TRIM -5% |
| 23 | HighTower Advisors, LLC | 276,859276,859 | $6M | — | TRIM -25% |
| 24 | Farther Finance Advisors, LLC | 272,486272,486 | $6M | — | ADD 10% |
| 25 | TSFG, LLC | 264,435264,435 | $6M | — | — |
| 26 | Comprehensive Wealth Management, LLC | 258,014258,014 | $6M | — | TRIM -77% |
| 27 | &PARTNERS | 215,411215,411 | $5M | — | TRIM -3% |
| 28 | BENJAMIN EDWARDS INC | 189,346189,346 | $4M | — | ADD 5% |
| 29 | Holistic Financial Partners | 155,435155,435 | $3M | — | ADD 2% |
| 30 | Prospera Financial Services Inc | 148,458148,458 | $3M | — | ADD 7% |
| 31 | Janney Montgomery Scott LLC | 148,301148,301 | $3M | — | ADD 3% |
| 32 | Gladstone Institutional Advisory LLC | 143,877143,877 | $3M | — | TRIM -8% |
| 33 | FSB PREMIER WEALTH MANAGEMENT, INC. | 138,749138,749 | $3M | — | ADD 3% |
| 34 | OSAIC HOLDINGS, INC. | 126,390126,390 | $3M | — | TRIM -12% |
| 35 | Midwest Financial Group LLC | 125,878125,878 | $3M | — | ADD 4% |
| 36 | Sequent Planning LLC | 123,380123,380 | $3M | — | — |
| 37 | Kestra Advisory Services, LLC | 114,808114,808 | $2M | — | TRIM -14% |
| 38 | ARVEST INVESTMENTS, INC. | 109,587109,587 | $2M | — | TRIM -32% |
| 39 | IAMS WEALTH MANAGEMENT, LLC | 109,242109,242 | $2M | — | ADD 9% |
| 40 | MGO ONE SEVEN LLC | 101,811101,811 | $2M | — | ADD 22% |
| 41 | INDEPENDENT FINANCIAL GROUP, LLC | 100,781100,781 | $2M | — | TRIM -6% |
| 42 | ASSETMARK, INC | 98,63398,633 | $2M | — | ADD 11% |
| 43 | COMMONWEALTH EQUITY SERVICES, LLC | 91,25591,255 | $2M | — | ADD 82% |
| 44 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 84,09184,091 | $2M | — | NEW |
| 45 | TCFG WEALTH MANAGEMENT, LLC | 78,43978,439 | $2M | — | — |
| 46 | TCFG Investment Advisors, LLC | 78,43978,439 | $2M | — | NEW |
| 47 | Accel Wealth Management | 76,31876,318 | $2M | — | ADD 6% |
| 48 | AE Wealth Management LLC | 66,32466,324 | $1M | — | — |
| 49 | Investors Research Corp | 65,21365,213 | $1M | — | — |
| 50 | Bank of New York Mellon Corp | 61,31361,313 | $1M | — | ADD 2% |
| 51 | TRUIST FINANCIAL CORP | 59,18359,183 | $1M | — | TRIM -19% |
| 52 | KESTRA PRIVATE WEALTH SERVICES, LLC | 58,49358,493 | $1M | — | ADD 80% |
| 53 | Orion Porfolio Solutions, LLC | 53,89953,899 | $1M | — | ADD 2% |
| 54 | NewEdge Advisors, LLC | 190,685190,685 | $1M | — | TRIM -13% |
| 55 | Ameritas Investment Partners, Inc. | 45,81745,817 | $988,276 | — | ADD 4% |
| 56 | PARK AVENUE SECURITIES LLC | 39,73139,731 | $857,000 | — | ADD 88% |
| 57 | Snowden Capital Advisors LLC | 39,49339,493 | $851,864 | — | ADD 3% |
| 58 | Arax Advisory Partners | 33,88633,886 | $730,913 | — | — |
| 59 | Gateway Wealth Partners, LLC | 33,26033,260 | $717,402 | — | ADD 134% |
| 60 | Maia Wealth LLC | 32,71832,718 | $705,724 | — | TRIM -9% |
| 61 | Western Wealth Management, LLC | 31,36631,366 | $676,555 | — | ADD 4% |
| 62 | Sanctuary Advisors, LLC | 31,00931,009 | $668,864 | — | ADD 4% |
| 63 | Faithward Advisors, LLC | 17,20217,202 | $665,959 | — | ADD 44% |
| 64 | Pinnacle Family Advisors, LLC | 29,58629,586 | $638,169 | — | TRIM -3% |
| 65 | GOLDMAN SACHS GROUP INC | 29,19929,199 | $629,822 | — | NEW |
| 66 | Rockefeller Capital Management L.P. | 27,35627,356 | $590,070 | — | ADD 2% |
| 67 | HARBOUR INVESTMENTS, INC. | 27,32127,321 | $589,335 | — | TRIM -5% |
| 68 | Steward Partners Investment Advisory, LLC | 26,16726,167 | $564,422 | — | ADD 8% |
| 69 | Independent Advisor Alliance | 25,82225,822 | $556,973 | — | NEW |
| 70 | Pacific Excel Wealth Advisors, Inc. | 25,66825,668 | $553,660 | — | ADD 83% |
| 71 | LaSalle St. Investment Advisors, LLC | 25,33525,335 | $546,495 | — | — |
| 72 | Envestnet Portfolio Solutions, Inc. | 25,11225,112 | $541,666 | — | TRIM -24% |
| 73 | IFS Group,LLC | 23,97523,975 | $517,141 | — | NEW |
| 74 | IFP Advisors, Inc | 23,42323,423 | $505,234 | — | TRIM -24% |
| 75 | Park Square Financial Group, LLC | 23,06723,067 | $497,553 | — | ADD 11% |
| 76 | Foundations Investment Advisors, LLC | 22,88622,886 | $493,657 | — | NEW |
| 77 | RFG Advisory, LLC | 22,81422,814 | $492,097 | — | ADD 8% |
| 78 | Aurora Private Wealth, Inc. | 21,61421,614 | $467,000 | — | NEW |
| 79 | FLOW TRADERS U.S. LLC | 20,87220,872 | $450,000 | — | TRIM -47% |
| 80 | Atria Investments, Inc | 20,77220,772 | $448,060 | — | ADD 16% |
| 81 | Perigon Wealth Management, LLC | 20,49420,494 | $442,056 | — | ADD 49% |
| 82 | BAM Wealth Management, LLC | 20,49120,491 | $441,991 | — | ADD 109% |
| 83 | BlueChip Wealth Advisors LLC | 20,12120,121 | $434,010 | — | ADD 20% |
| 84 | PRINCIPAL SECURITIES, INC. | 18,56618,566 | $400,484 | — | ADD 12% |
| 85 | Balefire, LLC | 18,08818,088 | $390,158 | — | ADD 4% |
| 86 | Rossby Financial, LCC | 17,85617,856 | $384,792 | — | ADD 5% |
| 87 | Spire Wealth Management | 17,71917,719 | $382,199 | — | ADD 10% |
| 88 | Integrated Advisors Network LLC | 15,93915,939 | $343,808 | — | TRIM -15% |
| 89 | MML INVESTORS SERVICES, LLC | 14,96414,964 | $322,769 | — | TRIM -20% |
| 90 | KKM Financial LLC | 14,31414,314 | $312,475 | — | — |
| 91 | PNC FINANCIAL SERVICES GROUP, INC. | 14,47814,478 | $312,301 | — | TRIM -21% |
| 92 | Equitable Holdings, Inc. | 14,16214,162 | $309,156 | — | — |
| 93 | AMERIPRISE FINANCIAL INC | 14,19214,192 | $306,121 | — | TRIM -2% |
| 94 | Triad Wealth Partners, LLC | 14,05614,056 | $303,198 | — | NEW |
| 95 | JPMORGAN CHASE & CO | 13,99613,996 | $299,935 | — | TRIM -17% |
| 96 | Medallion Wealth Advisors, LLC | 13,24313,243 | $285,655 | — | TRIM -13% |
| 97 | NOVEM GROUP | 12,58812,588 | $271,518 | — | NEW |
| 98 | STIFEL FINANCIAL CORP | 11,83311,833 | $255,238 | — | TRIM -17% |
| 99 | World Investment Advisors | 10,34510,345 | $223,141 | — | — |
| 100 | Wealth Management Associates, Inc. | 10,16510,165 | $219,259 | — | — |
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 |
|---|---|---|---|---|---|---|---|
| LPL Financial LLC | 2.9M | 3.2M | 2.7M | 3.5M | 3.9M | 4.3M | $92M |
| ROYAL BANK OF CANADA | 865K | 1.0M | 2.4M | 1.8M | 1.9M | 2.0M | $44M |
| MORGAN STANLEY | 1.3M | 1.4M | 1.1M | 1.2M | 1.2M | 1.7M | $37M |
| Csenge Advisory Group | 671K | 856K | 902K | 918K | 974K | 1.1M | $24M |
| GDS Wealth Management | 876K | 981K | 1.0M | 1.1M | 1.0M | 1.1M | $23M |
| RAYMOND JAMES FINANCIAL INC | 1.4M | 1.3M | 1.7M | 1.7M | 1.3M | 1.0M | $22M |
| Stratos Investment Management, LLC | 119K | — | — | 735K | 757K | 936K | $20M |
| STEPHENS INC /AR/ | 658K | 685K | 638K | 652K | 671K | 871K | $19M |
| Walkner Condon Financial Advisors LLC | 393K | 588K | 538K | 677K | 842K | 841K | $18M |
| ENVESTNET ASSET MANAGEMENT INC | 1.1M | 1.1M | 636K | 679K | 720K | 813K | $18M |
| Cambridge Investment Research Advisors, Inc. | 911K | 885K | 835K | 806K | 782K | 807K | $17M |
| Cetera Investment Advisers | 389K | 425K | 309K | 427K | 559K | 767K | $17M |
| Marshall Financial Group, LLC | 677K | 690K | 681K | 688K | 716K | 696K | $15M |
| Tidemark, LLC | — | — | — | — | 566K | 600K | $13M |
| Concurrent Investment Advisors, LLC | 45K | 47K | 46K | 48K | 565K | 536K | $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 | |
|---|---|---|---|
| MORGAN STANLEY | +468,102 | $10M | ADD |
| CITADEL ADVISORS LLC | +445,385 | $10M | ADD |
| LPL Financial LLC | +376,658 | $8M | ADD |
| Cetera Investment Advisers | +207,997 | $4M | ADD |
| Centennial Wealth Advisory LLC | +205,721 | $4M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Comprehensive Wealth Management, LLC | −884,250 | $19M | TRIM |
| Financial Enhancement Group LLC | −274,549 | $6M | TRIM |
| RAYMOND JAMES FINANCIAL INC | −240,425 | $5M | TRIM |
| Integrated Wealth Concepts LLC | −162,272 | $4M | TRIM |
| HighTower Advisors, LLC | −93,134 | $2M | 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 | 145 | 26,283,017 | — | $564M |
| 2025-Q4 | 137 | 25,130,289 | — | $549M |
| 2025-Q3 | 124 | 24,660,235 | — | $536M |
| 2025-Q2 | 134 | 26,487,187 | — | $566M |
| 2025-Q1 | 130 | 24,855,254 | — | $534M |
| 2024-Q4 | 126 | 23,233,261 | — | $484M |
| 2024-Q3 | 117 | 22,198,137 | — | $497M |
| 2024-Q2 | 111 | 18,158,385 | — | $382M |
| 2024-Q1 | 93 | 18,005,482 | — | $385M |
| 2023-Q4 | 81 | 10,266,159 | — | $227M |
| 2023-Q3 | 65 | 7,479,663 | — | $152M |
| 2023-Q2 | 55 | 7,095,120 | — | $158M |
| 2023-Q1 | 29 | 2,208,322 | — | $50M |
| 2022-Q4 | 21 | 1,014,009 | — | $22M |
| 2022-Q3 | 17 | 608,989 | — | $14M |
| 2022-Q2 | 19 | 781,180 | — | $19M |
| 2022-Q1 | 22 | 917,606 | — | $24M |
| 2021-Q4 | 19 | 1,017,778 | — | $28M |
| 2021-Q3 | 20 | 1,016,122 | — | $28M |
| 2021-Q2 | 19 | 1,003,919 | — | $28M |
| 2021-Q1 | 19 | 1,004,883 | — | $27M |
| 2020-Q4 | 17 | 814,924 | — | $24M |
| 2020-Q3 | 14 | 496,043 | — | $15M |
| 2020-Q2 | 11 | 398,994 | — | $12M |
| 2020-Q1 | 10 | 278,813 | — | $8M |
| 2019-Q4 | 8 | 184,052 | — | $5M |
| 2019-Q3 | 7 | 260,795 | — | $7M |
| 2019-Q2 | 3 | 560,093 | — | $15M |
| 2019-Q1 | 1 | 197,001 | — | $5M |
