% of shares outstanding is not shown for PJFG: 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 PJFG 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 | Berger Financial Group, Inc | 723,205723,205 | $70M | — | — |
| 2 | JONES FINANCIAL COMPANIES LLLP | 56,14956,149 | $5M | — | ADD 16% |
| 3 | Prosperity Financial Group, Inc. | 51,25751,257 | $5M | — | TRIM -5% |
| 4 | Advisory Resource Group | 41,82841,828 | $4M | — | TRIM -15% |
| 5 | Fermata Advisors, LLC | 26,03826,038 | $3M | — | TRIM -5% |
| 6 | STIFEL FINANCIAL CORP | 19,95319,953 | $2M | — | ADD 136% |
| 7 | 1015 Capital Partners, LLC | 7,8137,813 | $760,830 | — | ADD 31% |
| 8 | HighTower Advisors, LLC | 4,7954,795 | $466,937 | — | ADD 7% |
| 9 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 4,3054,305 | $419,221 | — | NEW |
| 10 | PFG Advisors | 4,2954,295 | $418,247 | — | NEW |
| 11 | LPL Financial LLC | 3,6243,624 | $352,905 | — | TRIM -24% |
| 12 | COMMONWEALTH EQUITY SERVICES, LLC | 3,3833,383 | $329,440 | — | — |
| 13 | Navis Wealth Advisors, LLC | 3,1793,179 | $309,571 | — | ADD 31% |
| 14 | Mariner, LLC | 3,1233,123 | $304,152 | — | NEW |
| 15 | Kestra Advisory Services, LLC | 2,9012,901 | $282,499 | — | ADD 1051% |
| 16 | JANE STREET GROUP, LLC | 2,3422,342 | $228,064 | — | NEW |
| 17 | Clear Creek Financial Management, LLC | 2,2822,282 | $222,221 | — | NEW |
| 18 | Envestnet Portfolio Solutions, Inc. | 2,2632,263 | $220,371 | — | TRIM -17% |
| 19 | CWM, LLC | 738738 | $71,866 | — | TRIM -80% |
| 20 | Prosperity Bancshares Inc | 637637 | $62,031 | — | ADD 146% |
| 21 | OSAIC HOLDINGS, INC. | 233233 | $22,689 | — | NEW |
| 22 | UBS Group AG | 197197 | $19,184 | — | NEW |
| 23 | MORGAN STANLEY | 131131 | $12,757 | — | — |
| 24 | ASSETMARK, INC | 116116 | $11,296 | — | NEW |
| 25 | Allworth Financial LP | 5555 | $5,356 | — | NEW |
| 26 | HARBOUR INVESTMENTS, INC. | 1616 | $1,558 | — | — |
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 |
|---|---|---|---|---|---|---|---|
| Berger Financial Group, Inc | 645K | 704K | 717K | 724K | 723K | 723K | $70M |
| JONES FINANCIAL COMPANIES LLLP | 7K | 13K | 24K | 32K | 48K | 56K | $5M |
| Prosperity Financial Group, Inc. | 17K | 50K | 51K | 52K | 54K | 51K | $5M |
| Advisory Resource Group | 69K | 65K | 57K | 50K | 49K | 42K | $4M |
| Fermata Advisors, LLC | 30K | 30K | 27K | 30K | 28K | 26K | $3M |
| STIFEL FINANCIAL CORP | — | — | — | 3K | 8K | 20K | $2M |
| 1015 Capital Partners, LLC | — | — | — | — | 6K | 8K | $760,830 |
| HighTower Advisors, LLC | — | — | — | 4K | 4K | 5K | $466,937 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 4K | — | — | — | — | 4K | $419,221 |
| PFG Advisors | — | — | — | — | — | 4K | $418,247 |
| LPL Financial LLC | — | — | 5K | 5K | 5K | 4K | $352,905 |
| COMMONWEALTH EQUITY SERVICES, LLC | 3K | — | — | 4K | 3K | 3K | $329,440 |
| Navis Wealth Advisors, LLC | — | — | — | — | 2K | 3K | $309,571 |
| Mariner, LLC | — | — | — | — | — | 3K | $304,152 |
| Kestra Advisory Services, LLC | — | — | — | — | 252 | 3K | $282,499 |
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 | 26 | 964,858 | — | $94M |
| 2025-Q4 | 20 | 947,938 | — | $105M |
| 2025-Q3 | 17 | 925,899 | — | $102M |
| 2025-Q2 | 12 | 897,235 | — | $93M |
| 2025-Q1 |
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 | |
|---|---|---|---|
| STIFEL FINANCIAL CORP | +11,497 | $1M | ADD |
| JONES FINANCIAL COMPANIES LLLP | +7,897 | $769,010 | ADD |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | +4,305 | $419,221 | OPEN |
| PFG Advisors | +4,295 | $418,247 | OPEN |
| Mariner, LLC | +3,123 | $304,118 | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| J.W. COLE ADVISORS, INC. | −9,139 | $889,956 | CLOSE |
| Advisory Resource Group | −7,624 | $742,425 | TRIM |
| CWM, LLC | −2,905 | $282,889 | TRIM |
| Prosperity Financial Group, Inc. | −2,769 | $269,645 | TRIM |
| Fermata Advisors, LLC | −1,500 | $146,070 | 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).
| 12 |
| 876,584 |
| — |
| $75M |
| 2024-Q4 | 13 | 791,220 | — | $75M |
| 2024-Q3 | 12 | 757,703 | — | $68M |
| 2024-Q2 | 10 | 756,291 | — | $67M |
| 2024-Q1 | 9 | 682,277 | — | $56M |
| 2023-Q4 | 6 | 677,242 | — | $49M |
| 2023-Q3 | 3 | 648,031 | — | $41M |
| 2023-Q2 | 2 | 637,072 | — | $41M |
| 2023-Q1 | 3 | 648,549 | — | $37M |
| 2022-Q4 | 1 | 9,796 | — | $459,087 |
