% of shares outstanding is not shown for PTBD: 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 PTBD 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 | Pacer Advisors, Inc. | 567,271567,271 | $11M | — | ADD 5% |
| 2 | LPL Financial LLC | 310,552310,552 | $6M | — | TRIM -16% |
| 3 | MAGNOLIA CAPITAL ADVISORS LLC | 291,105291,105 | $6M | — | ADD 45% |
| 4 | CREATIVE FINANCIAL DESIGNS INC /ADV | 284,775284,775 | $5M | — | ADD 3% |
| 5 | WBI INVESTMENTS, LLC | 168,891168,891 | $3M | — | NEW |
| 6 | WELLS FARGO & COMPANY/MN | 130,410130,410 | $2M | — | TRIM -6% |
| 7 | NewEdge Advisors, LLC | 34,72434,724 | $2M | — | TRIM -77% |
| 8 | RAYMOND JAMES FINANCIAL INC | 124,711124,711 | $2M | — | TRIM -43% |
| 9 | MATHER GROUP, LLC. | 122,913122,913 | $2M | — | NEW |
| 10 | MORGAN STANLEY | 79,07879,078 | $2M | — | TRIM -5% |
| 11 | Cetera Investment Advisers | 78,79578,795 | $1M | — | TRIM -8% |
| 12 | Ascentis Wealth Management, LLC | 64,69764,697 | $1M | — | ADD 30% |
| 13 | Maridea Wealth Management LLC | 63,65863,658 | $1M | — | NEW |
| 14 | ENVESTNET ASSET MANAGEMENT INC | 61,83261,832 | $1M | — | ADD 121% |
| 15 | Capital Investment Advisory Services, LLC | 59,78359,783 | $1M | — | ADD 22% |
| 16 | ROYAL BANK OF CANADA | 53,70153,701 | $1M | — | TRIM -9% |
| 17 | Private Advisor Group, LLC | 48,32448,324 | $917,200 | — | ADD 5% |
| 18 | Forefront Wealth Partners, LLC | 44,67544,675 | $847,924 | — | ADD 6% |
| 19 | CITADEL ADVISORS LLC | 39,52439,524 | $750,166 | — | TRIM -81% |
| 20 | JANE STREET GROUP, LLC | 39,13139,131 | $742,706 | — | TRIM -70% |
| 21 | Perigon Wealth Management, LLC | 37,41337,413 | $710,101 | — | TRIM -6% |
| 22 | Atria Investments, Inc | 36,35636,356 | $690,036 | — | TRIM -10% |
| 23 | JPMORGAN CHASE & CO | 33,49233,492 | $630,997 | — | NEW |
| 24 | OFC FINANCIAL PLANNING, LLC | 32,51932,519 | $617,211 | — | — |
| 25 | Cambridge Investment Research Advisors, Inc. | 28,70328,703 | $545,000 | — | — |
| 26 | Wealthspire Retirement, LLC | 23,84623,846 | $452,598 | — | TRIM -18% |
| 27 | Farther Finance Advisors, LLC | 17,93017,930 | $341,208 | — | TRIM -5% |
| 28 | COMMONWEALTH EQUITY SERVICES, LLC | 17,53917,539 | $332,890 | — | TRIM -20% |
| 29 | Concurrent Investment Advisors, LLC | 16,98416,984 | $322,356 | — | TRIM -11% |
| 30 | Hyundai Investments Co., Ltd. | 16,74316,743 | $315,438 | — | TRIM -24% |
| 31 | OSAIC HOLDINGS, INC. | 16,31516,315 | $309,688 | — | TRIM -71% |
| 32 | Sanctuary Advisors, LLC | 16,31316,313 | $309,621 | — | — |
| 33 | Morey & Quinn Wealth Partners, LLC | 16,06916,069 | $304,988 | — | — |
| 34 | Stratos Wealth Partners, LTD. | 15,38215,382 | $291,968 | — | TRIM -16% |
| 35 | INDEPENDENT FINANCIAL GROUP, LLC | 14,06414,064 | $266,935 | — | TRIM -22% |
| 36 | TRUIST FINANCIAL CORP | 11,95211,952 | $226,849 | — | TRIM -5% |
| 37 | Kestra Advisory Services, LLC | 11,54511,545 | $219,118 | — | ADD 10% |
| 38 | STIFEL FINANCIAL CORP | 11,06111,061 | $209,925 | — | — |
| 39 | StoneX Group Inc. | 10,46010,460 | $198,531 | — | NEW |
| 40 | Rockefeller Capital Management L.P. | 9,6009,600 | $182,218 | — | TRIM -34% |
| 41 | Steward Partners Investment Advisory, LLC | 4,6344,634 | $87,953 | — | TRIM -11% |
| 42 | Ascentis Independent Advisors | 3,5883,588 | $68,113 | — | NEW |
| 43 | IFP Advisors, Inc | 3,1503,150 | $59,787 | — | TRIM -30% |
| 44 | Aptus Capital Advisors, LLC | 2,1482,148 | $40,769 | — | ADD 38% |
| 45 | GUARDIAN WEALTH ADVISORS, LLC / NC | 1,2061,206 | $22,881 | — | NEW |
| 46 | Geneos Wealth Management Inc. | 1,0361,036 | $19,663 | — | — |
| 47 | AlphaCore Capital LLC | 947947 | $17,974 | — | — |
| 48 | HARBOUR INVESTMENTS, INC. | 897897 | $17,025 | — | TRIM -89% |
| 49 | Rossby Financial, LCC | 742742 | $14,120 | — | — |
| 50 | CoreCap Advisors, LLC | 537537 | $10,192 | — | — |
| 51 | UBS Group AG | 256256 | $4,859 | — | TRIM -68% |
| 52 | WFA of San Diego, LLC | 110110 | $2,088 | — | — |
| 53 | ASSETMARK, INC | 1414 | $266 | — | 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 |
|---|---|---|---|---|---|---|---|
| Pacer Advisors, Inc. | 535K | 581K | 566K | 578K | 542K | 567K | $11M |
| LPL Financial LLC | 481K | 504K | 440K | 413K | 370K | 311K | $6M |
| MAGNOLIA CAPITAL ADVISORS LLC | 179K | 185K | 185K | 189K | 200K | 291K | $6M |
| CREATIVE FINANCIAL DESIGNS INC /ADV | 233K | 243K | 255K | 265K | 278K | 285K | $5M |
| WBI INVESTMENTS, LLC | — | — | — | — | — | 169K | $3M |
| WELLS FARGO & COMPANY/MN | 269K | 219K | 232K | 247K | 139K | 130K | $2M |
| NewEdge Advisors, LLC | 166K | 169K | 149K | 143K | 151K | 35K | $2M |
| RAYMOND JAMES FINANCIAL INC | 308K | 308K | 296K | 286K | 218K | 125K | $2M |
| MATHER GROUP, LLC. | — | — | — | — | — | 123K | $2M |
| MORGAN STANLEY | 115K | 99K | 94K | 91K | 83K | 79K | $2M |
| Cetera Investment Advisers | 234K | 94K | 59K | 86K | 86K | 79K | $1M |
| Ascentis Wealth Management, LLC | 47K | 48K | 51K | 52K | 50K | 65K | $1M |
| Maridea Wealth Management LLC | — | — | — | — | — | 64K | $1M |
| ENVESTNET ASSET MANAGEMENT INC | 41K | 35K | 36K | 33K | 28K | 62K | $1M |
| Capital Investment Advisory Services, LLC | — | — | 46K | 46K | 49K | 60K | $1M |
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 | |
|---|---|---|---|
| WBI INVESTMENTS, LLC | +168,891 | $3M | OPEN |
| MATHER GROUP, LLC. | +122,913 | $2M | OPEN |
| MAGNOLIA CAPITAL ADVISORS LLC | +91,020 | $2M | ADD |
| Maridea Wealth Management LLC | +63,658 | $1M | OPEN |
| ENVESTNET ASSET MANAGEMENT INC | +33,819 | $641,885 | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| CITADEL ADVISORS LLC | −171,992 | $3M | TRIM |
| NewEdge Advisors, LLC | −116,119 | $2M | TRIM |
| RAYMOND JAMES FINANCIAL INC | −93,420 | $2M | TRIM |
| GOLDMAN SACHS GROUP INC | −93,271 | $2M | CLOSE |
| JANE STREET GROUP, LLC | −93,001 | $2M | 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 | 53 | 3,082,101 | — | $60M |
| 2025-Q4 | 51 | 3,251,238 | — | $63M |
| 2025-Q3 | 52 | 4,061,189 | — | $81M |
| 2025-Q2 | 60 | 4,220,532 | — | $83M |
| 2025-Q1 | 57 | 5,126,401 | — | $103M |
| 2024-Q4 | 61 | 5,124,418 | — | $103M |
| 2024-Q3 | 58 | 5,019,031 | — | $103M |
| 2024-Q2 | 58 | 5,144,011 | — | $103M |
| 2024-Q1 | 59 | 5,737,010 | — | $117M |
| 2023-Q4 | 59 | 6,129,751 | — | $124M |
| 2023-Q3 | 60 | 5,581,885 | — | $110M |
| 2023-Q2 | 61 | 6,270,170 | — | $124M |
| 2023-Q1 | 63 | 7,231,293 | — | $146M |
| 2022-Q4 | 82 | 8,265,148 | — | $164M |
| 2022-Q3 | 76 | 10,054,375 | — | $198M |
| 2022-Q2 | 104 | 19,272,935 | — | $414M |
| 2022-Q1 | 124 | 32,273,204 | — | $783M |
| 2021-Q4 | 134 | 38,777,510 | — | $1.1B |
| 2021-Q3 | 125 | 36,209,387 | — | $977M |
| 2021-Q2 | 100 | 29,416,390 | — | $815M |
| 2021-Q1 | 82 | 21,588,671 | — | $590M |
| 2020-Q4 | 69 | 13,932,991 | — | $384M |
| 2020-Q3 | 38 | 7,523,771 | — | $167M |
| 2020-Q2 | 26 | 6,358,454 | — | $159M |
| 2020-Q1 | 24 | 4,513,058 | — | $115M |
| 2019-Q4 | 15 | 1,673,228 | — | $43M |
