% of shares outstanding is not shown for PIEQ: 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 PIEQ 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 |
|---|---|---|---|---|---|---|---|
| PRINCIPAL FINANCIAL GROUP INC | 401K | 24.8M | 23.5M | 23.7M | 31.5M | 31.6M | $1.1B |
| PRINCIPAL SECURITIES, INC. | 1.2M | 1.2M | 2.4M | 3.1M | 3.7M | 4.1M | $141M |
| ENVESTNET ASSET MANAGEMENT INC | 1.2M | 1.8M | 2.3M | 2.9M | 3.4M | 3.7M | $127M |
| Kraft, Davis & Associates, LLC | — | — | — | — | — | 106K | $4M |
| Capital Investment Advisory Services, LLC | — | 34K | 51K | 65K | 80K | 80K | $3M |
| Smartleaf Asset Management LLC | — | 27K | 36K | 44K | 54K | 57K | $2M |
| LPL Financial LLC | — | 12K | 13K | — | — | 46K | $2M |
| Private Advisor Group, LLC | — | — | — | — | 26K | 45K | $2M |
| CITADEL ADVISORS LLC | — | — | — | 40K | — | 33K | $1M |
| JANE STREET GROUP, LLC | — | — | — | — | 100K | 29K | $973,226 |
| Next Level Private LLC | — | — | — | — | 25K | 25K | $864,010 |
| COMMONWEALTH EQUITY SERVICES, LLC | — | — | — | — | 8K | 16K | $545,880 |
| Wealthspire Retirement, LLC | — | — | — | — | — | 7K | $244,458 |
| FMR LLC | — | — | — | — | — | 1K | $44,963 |
| GILPIN WEALTH MANAGEMENT, LLC | — | — | — | — | — | 1K | $33,960 |
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 | 21 | 39,910,434 | — | $1.3B |
| 2025-Q4 | 16 | 38,894,267 | — | $1.3B |
| 2025-Q3 | 8 | 29,838,439 | — | $942M |
| 2025-Q2 | 9 | 28,317,066 | — | $824M |
| 2025-Q1 | 10 | 27,894,737 | — | $684M |
| 2024-Q4 | 4 | 2,776,621 | — | $67M |
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 | |
|---|---|---|---|
| PRINCIPAL SECURITIES, INC. | +417,272 | $14M | ADD |
| ENVESTNET ASSET MANAGEMENT INC | +344,091 | $12M | ADD |
| PRINCIPAL FINANCIAL GROUP INC | +106,109 | $4M | — |
| Kraft, Davis & Associates, LLC | +105,769 | $4M | OPEN |
| LPL Financial LLC | +45,773 | $2M | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| JANE STREET GROUP, LLC | −71,342 | $2M | TRIM |
| Cape Investment Advisory, Inc. | −2,627 | $89,213 | CLOSE |
| Capital Investment Advisory Services, LLC | −858 | $29,138 | — |
| MORGAN STANLEY | −760 | $25,810 | TRIM |
| Kestra Advisory Services, LLC | −615 | $20,885 | 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).
