% of shares outstanding is not shown for NAPR: 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 NAPR 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 |
|---|---|---|---|---|---|---|---|
| OSAIC HOLDINGS, INC. | 148K | 139K | 249K | 330K | 320K | 226K | $12M |
| FOCUS Wealth Advisors, LLC | 225K | 222K | 222K | 224K | 231K | 221K | $12M |
| Janney Montgomery Scott LLC | 82K | 91K | 102K | 108K | 109K | 115K | $6M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 33K | — | 10K | 22K | 11K | 102K | $6M |
| COMMONWEALTH EQUITY SERVICES, LLC | 140K | 121K | 133K | 102K | 100K | 99K | $5M |
| Tradition Wealth Management, LLC | 98K | 98K | 100K | 96K | 94K | 94K | $5M |
| Kestra Advisory Services, LLC | 110K | 51K | 105K | 50K | 49K | 89K | $5M |
| Cetera Investment Advisers | 69K | 64K | 84K | 86K | 85K | 79K | $4M |
| RED CRANE WEALTH MANAGEMENT, LLC | 103K | 107K | 133K | 78K | 79K | 70K | $4M |
| MAI Capital Management | 16K | 16K | 123K | 115K | 64K | 59K | $3M |
| LPL Financial LLC | 31K | 32K | 35K | 47K | 49K | 58K | $3M |
| Cambridge Investment Research Advisors, Inc. | 68K | 63K | 62K | 61K | 62K | 57K | $3M |
| RAYMOND JAMES FINANCIAL INC | 44K | 43K | 47K | 51K | 50K | 49K | $3M |
| BIP Wealth, LLC | — | — | — | — | 46K | 44K | $2M |
| CreativeOne Wealth, LLC | 17K | 30K | 31K | 35K | 38K | 42K | $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 | |
|---|---|---|---|
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | +91,019 | $5M | ADD |
| Kestra Advisory Services, LLC | +39,976 | $2M | ADD |
| PlanVest Financial, Inc | +15,612 | $852,727 | OPEN |
| Cornerstone Wealth, LLC/TN | +14,590 | $796,906 | OPEN |
| GOLDMAN SACHS GROUP INC | +10,826 | $591,316 | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| OSAIC HOLDINGS, INC. | −94,294 | $5M | TRIM |
| PRINCIPAL SECURITIES, INC. | −68,810 | $4M | TRIM |
| Kovack Advisors, Inc. | −21,282 | $1M | CLOSE |
| BCS Wealth Management | −19,925 | $1M | TRIM |
| AssuredPartners Investment Advisors, LLC | −19,114 | $1M | 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 | 98 | 2,271,651 | — | $125M |
| 2025-Q4 | 98 | 2,396,148 | — | $130M |
| 2025-Q3 | 95 | 2,561,914 | — | $135M |
| 2025-Q2 | 96 | 3,375,580 | — | $172M |
| 2025-Q1 | 85 | 2,274,639 | — | $109M |
| 2024-Q4 | 87 | 2,276,614 | — | $115M |
| 2024-Q3 | 85 | 2,316,386 | — | $113M |
| 2024-Q2 | 89 | 2,793,845 | — | $133M |
| 2024-Q1 | 70 | 1,749,489 | — | $79M |
| 2023-Q4 | 76 | 1,706,542 | — | $76M |
| 2023-Q3 | 81 | 2,308,686 | — | $97M |
| 2023-Q2 | 78 | 2,361,140 | — | $98M |
| 2023-Q1 | 50 | 859,650 | — | $33M |
| 2022-Q4 | 41 | 610,237 | — | $21M |
| 2022-Q3 | 39 | 693,149 | — | $23M |
| 2022-Q2 | 39 | 708,472 | — | $24M |
| 2022-Q1 | 28 | 428,225 | — | $17M |
| 2021-Q4 | 27 | 390,385 | — | $15M |
| 2021-Q3 | 24 | 452,801 | — | $17M |
| 2021-Q2 | 29 | 674,152 | — | $25M |
| 2021-Q1 | 16 | 454,666 | — | $16M |
| 2020-Q4 | 15 | 263,629 | — | $9M |
| 2020-Q3 | 14 | 159,985 | — | $6M |
| 2020-Q2 | 10 | 358,500 | — | $12M |
