% of shares outstanding is not shown for PWB: 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 PWB 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 |
|---|---|---|---|---|---|---|---|
| LPL Financial LLC | 862K | 884K | 1.1M | 1.2M | 1.4M | 1.6M | $204M |
| MORGAN STANLEY | 770K | 773K | 839K | 830K | 822K | 827K | $104M |
| RAYMOND JAMES FINANCIAL INC | 431K | 380K | 406K | 400K | 479K | 661K | $83M |
| BANK OF AMERICA CORP /DE/ | 438K | 470K | 468K | 442K | 437K | 443K | $56M |
| Cambridge Investment Research Advisors, Inc. | 245K | 261K | 250K | 286K | 263K | 289K | $36M |
| AMERIPRISE FINANCIAL INC | 33K | 60K | 88K | 177K | 210K | 241K | $30M |
| ACT WEALTH MANAGEMENT, LLC | — | — | — | 195K | 208K | 212K | $27M |
| Center for Wealth Management Advisory | — | — | — | — | 211K | 210K | $26M |
| Garden State Investment Advisory Services LLC | — | 96K | 154K | 156K | 166K | 167K | $21M |
| UBS Group AG | 206K | 203K | 201K | 195K | 190K | 165K | $21M |
| Wharton Business Group, LLC | 168K | 168K | 168K | 166K | 164K | 164K | $21M |
| COMMONWEALTH EQUITY SERVICES, LLC | 106K | 101K | 95K | 108K | 114K | 139K | $17M |
| WELLS FARGO & COMPANY/MN | 113K | 112K | 122K | 123K | 125K | 136K | $17M |
| WIN ADVISORS, INC | 5K | 47K | 121K | 103K | — | 127K | $16M |
| Kestra Advisory Services, LLC | 87K | 90K | 91K | 91K | 108K | 117K | $15M |
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 | |
|---|---|---|---|
| LPL Financial LLC | +249,836 | $31M | ADD |
| RAYMOND JAMES FINANCIAL INC | +182,531 | $23M | ADD |
| WIN ADVISORS, INC | +126,940 | $16M | OPEN |
| Stratos Wealth Partners, LTD. | +83,583 | $11M | ADD |
| Ethos Financial Group, LLC | +56,291 | $7M | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Mariner, LLC | −26,563 | $3M | TRIM |
| UBS Group AG | −25,676 | $3M | TRIM |
| COMERICA BANK | −15,259 | $2M | CLOSE |
| ENVESTNET ASSET MANAGEMENT INC | −13,534 | $2M | TRIM |
| ROYAL BANK OF CANADA | −11,622 | $1M | 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 | 222 | 8,635,003 | — | $1.1B |
| 2025-Q4 | 208 | 7,587,035 | — | $965M |
| 2025-Q3 | 195 | 7,048,569 | — | $884M |
| 2025-Q2 | 184 | 6,900,738 | — | $810M |
| 2025-Q1 | 164 | 5,884,990 | — | $566M |
| 2024-Q4 | 171 | 5,764,553 | — | $587M |
| 2024-Q3 | 166 | 5,815,573 | — | $553M |
| 2024-Q2 | 159 | 5,771,582 | — | $525M |
| 2024-Q1 | 153 | 6,882,286 | — | $595M |
| 2023-Q4 | 135 | 6,078,288 | — | $456M |
| 2023-Q3 | 120 | 5,252,204 | — | $354M |
| 2023-Q2 | 127 | 5,024,782 | — | $355M |
| 2023-Q1 | 127 | 5,016,321 | — | $326M |
| 2022-Q4 | 120 | 5,103,851 | — | $299M |
| 2022-Q3 | 113 | 4,833,760 | — | $275M |
| 2022-Q2 | 117 | 4,938,010 | — | $290M |
| 2022-Q1 | 123 | 5,249,514 | — | $379M |
| 2021-Q4 | 131 | 5,520,439 | — | $445M |
| 2021-Q3 | 123 | 5,396,404 | — | $399M |
| 2021-Q2 | 126 | 5,038,374 | — | $375M |
| 2021-Q1 | 119 | 5,363,381 | — | $366M |
| 2020-Q4 | 110 | 5,685,334 | — | $386M |
| 2020-Q3 | 107 | 5,951,921 | — | $370M |
| 2020-Q2 | 101 | 6,063,226 | — | $335M |
| 2020-Q1 | 98 | 6,574,200 | — | $291M |
| 2019-Q4 | 105 | 6,664,817 | — | $345M |
| 2019-Q3 | 105 | 8,216,115 | — | $399M |
| 2019-Q2 | 109 | 7,580,443 | — | $369M |
| 2019-Q1 | 108 | 7,442,526 | — | $356M |
| 2018-Q4 | 99 | 6,863,566 | — | $288M |
| 2018-Q3 | 91 | 6,315,745 | — | $304M |
| 2018-Q2 | 88 | 6,600,758 | — | $279M |
| 2016-Q1 | 1 | 17,695 | — | $839,000 |
