% of shares outstanding is not shown for PBAU: 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 PBAU 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 | PRUDENTIAL FINANCIAL INC | 292,549292,549 | $9M | — | ADD 26% |
| 2 | JIM SAULNIER & ASSOCIATES, LLC | 96,54196,541 | $3M | — | — |
| 3 | Spire Wealth Management | 79,84379,843 | $2M | — | — |
| 4 | Kestra Advisory Services, LLC | 35,00935,009 | $1M | — | — |
| 5 | COMMONWEALTH EQUITY SERVICES, LLC | 28,58528,585 | $847,370 | — | TRIM -44% |
| 6 | AMERICAN ASSET MANAGEMENT INC. | 28,39528,395 | $841,739 | — | — |
| 7 | KINTRA WEALTH, LLC | 22,99322,993 | $681,602 | — | NEW |
| 8 | KESTRA PRIVATE WEALTH SERVICES, LLC | 14,02014,020 | $415,607 | — | — |
| 9 | Blue Water Asset Management | 10,48310,483 | $310,757 | — | — |
| 10 | LeClair Wealth Partners LLC | 10,48310,483 | $310,757 | — | NEW |
| 11 | Steward Partners Investment Advisory, LLC | 8,0538,053 | $238,722 | — | — |
| 12 | ROYAL BANK OF CANADA | 7,6687,668 | $227,000 | — | NEW |
| 13 | HARBOUR INVESTMENTS, INC. | 5,5595,559 | $164,790 | — | NEW |
| 14 | DHJJ Financial Advisors, Ltd. | 3,2383,238 | $95,987 | — | — |
| 15 | PNC FINANCIAL SERVICES GROUP, INC. | 1,0971,097 | $32,519 | — | ADD 3% |
| 16 | Sunrise Financial Services, LLC | 520520 | $15,415 | — | — |
| 17 | UBS Group AG | 66 | $178 | — | NEW |
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 |
|---|---|---|---|---|---|---|---|
| PRUDENTIAL FINANCIAL INC | 102K | 121K | 163K | 182K | 232K | 293K | $9M |
| JIM SAULNIER & ASSOCIATES, LLC | 21K | 25K | 25K | 97K | 97K | 97K | $3M |
| Spire Wealth Management | — | — | — | 77K | 80K | 80K | $2M |
| Kestra Advisory Services, LLC | 16K | 16K | 16K | 35K | 35K | 35K | $1M |
| COMMONWEALTH EQUITY SERVICES, LLC | — | — | 7K | 53K | 51K | 29K | $847,370 |
| AMERICAN ASSET MANAGEMENT INC. | — | — | — | 28K | 28K | 28K | $841,739 |
| KINTRA WEALTH, LLC | — | — | — | — | — | 23K | $681,602 |
| KESTRA PRIVATE WEALTH SERVICES, LLC | — | — | — | 14K | 14K | 14K | $415,607 |
| Blue Water Asset Management | — | — | — | — | 10K | 10K | $310,757 |
| LeClair Wealth Partners LLC | — | — | — | — | — | 10K | $310,757 |
| Steward Partners Investment Advisory, LLC | — | — | — | 8K | 8K | 8K | $238,722 |
| ROYAL BANK OF CANADA | 4K | — | 11K | 5K | — | 8K | $227,000 |
| HARBOUR INVESTMENTS, INC. | — | — | — | — | — | 6K | $164,790 |
| DHJJ Financial Advisors, Ltd. | 2K | 2K | 2K | 3K | 3K | 3K | $95,987 |
| PNC FINANCIAL SERVICES GROUP, INC. | — | — | — | 1K | 1K | 1K | $32,519 |
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 | 17 | 645,042 | — | $19M |
| 2025-Q4 | 12 | 559,941 | — | $17M |
| 2025-Q3 | 12 | 512,253 | — | $15M |
| 2025-Q2 | 8 | 234,596 | — | $7M |
| 2025-Q1 | 5 | 179,718 | — | $5M |
| 2024-Q4 | 7 | 157,148 | — | $4M |
| 2024-Q3 | 4 | 97,783 | — | $3M |
| 2024-Q2 | 2 | 52,912 | — | $1M |
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 | |
|---|---|---|---|
| PRUDENTIAL FINANCIAL INC | +60,576 | $2M | ADD |
| KINTRA WEALTH, LLC | +22,993 | $681,604 | OPEN |
| LeClair Wealth Partners LLC | +10,483 | $310,758 | OPEN |
| ROYAL BANK OF CANADA | +7,668 | $227,310 | OPEN |
| HARBOUR INVESTMENTS, INC. | +5,559 | $164,791 | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| COMMONWEALTH EQUITY SERVICES, LLC | −22,483 | $666,486 | 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).
