% of shares outstanding is not shown for MDIV: 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 MDIV 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 |
|---|---|---|---|---|---|---|---|
| MORGAN STANLEY | 845K | 860K | 863K | 846K | 863K | 1.2M | $20M |
| LPL Financial LLC | 1.1M | 1.2M | 1.2M | 1.3M | 1.0M | 1.1M | $17M |
| AMERIPRISE FINANCIAL INC | 609K | 623K | 1.5M | 1.5M | 665K | 654K | $11M |
| BANK OF AMERICA CORP /DE/ | 543K | 543K | 531K | 552K | 558K | 564K | $9M |
| HARBOUR INVESTMENTS, INC. | 307K | 319K | 360K | 387K | 419K | 487K | $8M |
| ROYAL BANK OF CANADA | 317K | 331K | 689K | 367K | 410K | 419K | $7M |
| RAYMOND JAMES FINANCIAL INC | 304K | 281K | 280K | 237K | 254K | 369K | $6M |
| WELLS FARGO & COMPANY/MN | 366K | 425K | 354K | 317K | 279K | 288K | $5M |
| Cetera Investment Advisers | 223K | 255K | 270K | 336K | 309K | 279K | $5M |
| Rockport Wealth LLC | 93K | 225K | 234K | 243K | 257K | 257K | $4M |
| COMMONWEALTH EQUITY SERVICES, LLC | 686K | 713K | 703K | 701K | 411K | 253K | $4M |
| Rockefeller Capital Management L.P. | 44K | 117K | 303K | 159K | 180K | 193K | $3M |
| Cambridge Investment Research Advisors, Inc. | 167K | 173K | 150K | 166K | 164K | 163K | $3M |
| OSAIC HOLDINGS, INC. | 155K | 147K | 138K | 152K | 170K | 160K | $3M |
| Capital Investment Advisory Services, LLC | 230K | 219K | 201K | 181K | 169K | 141K | $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 | |
|---|---|---|---|
| MORGAN STANLEY | +366,026 | $6M | ADD |
| RAYMOND JAMES FINANCIAL INC | +115,460 | $2M | ADD |
| HARBOUR INVESTMENTS, INC. | +68,116 | $1M | ADD |
| ENVESTNET ASSET MANAGEMENT INC | +58,795 | $950,715 | ADD |
| TCFG Investment Advisors, LLC | +58,034 | $938,410 | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| STIFEL FINANCIAL CORP | −515,153 | $8M | TRIM |
| COMMONWEALTH EQUITY SERVICES, LLC | −158,722 | $3M | TRIM |
| Elevation Capital Advisory, LLC | −95,131 | $2M | TRIM |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | −33,282 | $538,170 | TRIM |
| Cetera Investment Advisers | −30,169 | $487,833 | 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 | 95 | 8,880,673 | — | $144M |
| 2025-Q4 | 94 | 8,852,907 | — | $139M |
| 2025-Q3 | 92 | 9,896,879 | — | $159M |
| 2025-Q2 | 101 | 11,407,267 | — | $180M |
| 2025-Q1 | 104 | 10,110,303 | — | $165M |
| 2024-Q4 | 103 | 9,484,974 | — | $153M |
| 2024-Q3 | 96 | 8,989,884 | — | $149M |
| 2024-Q2 | 95 | 8,549,818 | — | $134M |
| 2024-Q1 | 99 | 11,799,945 | — | $186M |
| 2023-Q4 | 100 | 10,836,320 | — | $172M |
| 2023-Q3 | 96 | 9,383,728 | — | $137M |
| 2023-Q2 | 94 | 9,635,773 | — | $140M |
| 2023-Q1 | 101 | 9,927,019 | — | $146M |
| 2022-Q4 | 98 | 10,846,372 | — | $162M |
| 2022-Q3 | 93 | 10,910,195 | — | $164M |
| 2022-Q2 | 91 | 11,207,932 | — | $171M |
| 2022-Q1 | 93 | 8,941,083 | — | $151M |
| 2021-Q4 | 97 | 8,509,537 | — | $142M |
| 2021-Q3 | 93 | 9,333,944 | — | $153M |
| 2021-Q2 | 87 | 9,124,224 | — | $153M |
| 2021-Q1 | 87 | 8,527,663 | — | $138M |
| 2020-Q4 | 88 | 9,250,779 | — | $139M |
| 2020-Q3 | 84 | 10,115,608 | — | $136M |
| 2020-Q2 | 94 | 10,889,015 | — | $149M |
| 2020-Q1 | 94 | 11,684,795 | — | $137M |
| 2019-Q4 | 101 | 14,660,066 | — | $276M |
| 2019-Q3 | 93 | 13,814,099 | — | $255M |
| 2019-Q2 | 84 | 12,115,308 | — | $224M |
| 2019-Q1 | 89 | 10,158,628 | — | $190M |
| 2018-Q4 | 87 | 9,381,350 | — | $158M |
| 2018-Q3 | 83 | 10,654,084 | — | $230M |
| 2018-Q2 | 79 | 10,857,830 | — | $227M |
| 2018-Q1 | 88 | 11,394,237 | — | $204M |
| 2017-Q4 | 87 | 11,242,770 | — | $214M |
| 2017-Q3 | 78 | 11,713,257 | — | $225M |
| 2017-Q2 | 82 | 12,586,844 | — | $243M |
| 2017-Q1 | 76 | 14,813,549 | — | $289M |
| 2016-Q4 | 85 | 13,618,738 | — | $260M |
| 2016-Q3 | 89 | 12,491,035 | — | $236M |
| 2016-Q2 | 78 | 11,164,984 | — | $216M |
| 2016-Q1 | 76 | 10,414,824 | — | $192M |
| 2015-Q4 | 81 | 11,181,544 | — | $205M |
| 2015-Q3 | 80 | 11,446,180 | — | $211M |
| 2015-Q2 | 81 | 13,448,167 | — | $269M |
| 2015-Q1 | 75 | 12,346,193 | — | $279M |
| 2014-Q4 | 70 | 10,484,420 | — | $225M |
| 2014-Q3 | 59 | 7,939,326 | — | $171M |
| 2014-Q2 | 55 | 6,361,974 | — | $142M |
| 2014-Q1 | 42 | 5,566,856 | — | $119M |
| 2013-Q4 | 41 | 5,221,737 | — | $109M |
| 2013-Q3 | 39 | 5,096,861 | — | $105M |
| 2013-Q2 | 38 | 5,384,643 | — | $114M |
| 2013-Q1 | 1 | 1,000 | — | $21,000 |
