% of shares outstanding is not shown for MAXJ: 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 MAXJ 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 |
|---|---|---|---|---|---|---|---|
| J. L. Bainbridge & Co., Inc. | 147K | 147K | 948K | 963K | 951K | 902K | $25M |
| BIP Wealth, LLC | — | — | — | 18K | 917K | 901K | $25M |
| ASHTON THOMAS SECURITIES, LLC | — | — | — | 84K | — | 92K | $3M |
| Client First Capital LLC | — | — | — | 76K | 77K | 90K | $3M |
| Ashton Thomas Private Wealth, LLC | — | — | — | 60K | 72K | 75K | $2M |
| PANORAMIC INVESTMENT ADVISORS, LLC | 69K | 69K | 68K | 68K | 68K | 69K | $2M |
| FC Advisory LLC | — | — | 15K | 78K | 76K | 65K | $2M |
| HighTower Advisors, LLC | 75K | 74K | 74K | 61K | 60K | 59K | $2M |
| Balboa Wealth Partners | 194K | 183K | 174K | 75K | 68K | 54K | $2M |
| CRA Financial Services, LLC | 56K | 57K | 43K | 42K | 41K | 40K | $1M |
| Crewe Advisors LLC | — | — | — | 36K | 36K | 36K | $1M |
| CITADEL ADVISORS LLC | 31K | 36K | 29K | 58K | 30K | 35K | $984,178 |
| Kestra Advisory Services, LLC | 26K | 26K | 26K | 43K | 35K | 34K | $953,308 |
| Grantvest Financial Group LLC | 21K | 18K | 18K | 38K | 33K | 33K | $918,200 |
| CROSSPOINT FINANCIAL, LLC | — | 34K | 34K | 34K | 34K | 32K | $913,887 |
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.
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 48 | 2,943,502 | — | $83M |
| 2025-Q4 | 48 | 3,142,554 | — | $89M |
| 2025-Q3 | 52 | 3,448,494 | — | $97M |
| 2025-Q2 | 37 | 2,766,595 | — | $76M |
| 2025-Q1 | 38 | 2,732,020 | — | $70M |
| 2024-Q4 | 38 | 3,005,017 | — | $79M |
| 2024-Q3 | 33 | 2,321,751 | — | $60M |
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 | |
|---|---|---|---|
| ASHTON THOMAS SECURITIES, LLC | +92,109 | $3M | OPEN |
| ENVESTNET ASSET MANAGEMENT INC | +18,832 | $530,309 | OPEN |
| Client First Capital LLC | +13,175 | $371,008 | ADD |
| Sigma Planning Corp | +8,928 | $251,412 | OPEN |
| Cetera Investment Advisers | +5,346 | $150,543 | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| COMMONWEALTH EQUITY SERVICES, LLC | −94,170 | $3M | TRIM |
| Encompass More Asset Management | −83,054 | $2M | TRIM |
| J. L. Bainbridge & Co., Inc. | −49,107 | $1M | TRIM |
| AXXCESS WEALTH MANAGEMENT, LLC | −29,621 | $834,127 | CLOSE |
| BIP Wealth, LLC | −16,379 | $461,233 | — |
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).
