% of shares outstanding is not shown for RPV: 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 RPV 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 |
|---|---|---|---|---|---|---|---|
| MORGAN STANLEY | 1.6M | 1.6M | 1.4M | 1.4M | 1.6M | 1.8M | $190M |
| BANK OF AMERICA CORP /DE/ | 1.5M | 1.3M | 1.3M | 1.3M | 1.3M | 1.2M | $132M |
| PRINCIPAL FINANCIAL GROUP INC | 1.1M | 1.1M | 1.1M | 1.1M | 943K | 943K | $101M |
| ASSETMARK, INC | 269 | 4K | 269 | 293 | 418 | 709K | $76M |
| Armbruster Capital Management, Inc. | 339K | 339K | 355K | 353K | 354K | 370K | $40M |
| UBS Group AG | 297K | 385K | 323K | 285K | 285K | 288K | $31M |
| Mount Lucas Management LP | 274K | — | — | — | 208K | 279K | $30M |
| LPL Financial LLC | 229K | 223K | 311K | 237K | 237K | 267K | $29M |
| FIDELITY D & D BANCORP INC | 128K | 70K | 82K | 92K | 180K | 196K | $21M |
| Cambridge Investment Research Advisors, Inc. | 73K | 74K | 75K | 73K | 87K | 134K | $14M |
| TRUIST FINANCIAL CORP | 227K | 153K | 149K | 137K | 139K | 134K | $14M |
| Invesco Ltd. | 5.5M | 151K | 147K | 140K | 134K | 125K | $13M |
| HighTower Advisors, LLC | 135K | 125K | 124K | 123K | 120K | 120K | $13M |
| ENVESTNET ASSET MANAGEMENT INC | 117K | 56K | 58K | 56K | 71K | 116K | $12M |
| WELLS FARGO & COMPANY/MN | 114K | 110K | 104K | 92K | 100K | 114K | $12M |
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 | |
|---|---|---|---|
| ASSETMARK, INC | +708,494 | $76M | ADD |
| MORGAN STANLEY | +176,077 | $19M | ADD |
| MARSHALL INVESTMENT MANAGEMENT, LLC | +96,219 | $10M | OPEN |
| Mount Lucas Management LP | +71,050 | $8M | ADD |
| Cambridge Investment Research Advisors, Inc. | +47,056 | $5M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| ACR Alpine Capital Research, LLC | −352,994 | $38M | CLOSE |
| Strategic Advocates LLC | −276,008 | $30M | TRIM |
| BANK OF AMERICA CORP /DE/ | −62,088 | $7M | TRIM |
| OSAIC HOLDINGS, INC. | −32,186 | $3M | TRIM |
| MorganRosel Wealth Management, LLC | −31,083 | $3M | 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 | 227 | 9,321,576 | — | $1.0B |
| 2025-Q4 | 207 | 8,539,138 | — | $884M |
| 2025-Q3 | 195 | 7,947,470 | — | $790M |
| 2025-Q2 | 203 | 8,333,379 | — | $781M |
| 2025-Q1 | 203 | 8,260,765 | — | $762M |
| 2024-Q4 | 208 | 15,805,102 | — | $1.4B |
| 2024-Q3 | 203 | 15,961,973 | — | $1.4B |
| 2024-Q2 | 210 | 16,278,113 | — | $1.3B |
| 2024-Q1 | 209 | 20,142,589 | — | $1.8B |
| 2023-Q4 | 202 | 14,201,092 | — | $1.2B |
| 2023-Q3 | 191 | 14,354,033 | — | $1.1B |
| 2023-Q2 | 204 | 16,631,586 | — | $1.3B |
| 2023-Q1 | 225 | 27,561,566 | — | $2.1B |
| 2022-Q4 | 234 | 32,744,811 | — | $2.5B |
| 2022-Q3 | 211 | 29,273,466 | — | $2.0B |
| 2022-Q2 | 243 | 33,355,322 | — | $2.5B |
| 2022-Q1 | 263 | 32,475,043 | — | $2.8B |
| 2021-Q4 | 193 | 26,877,225 | — | $2.2B |
| 2021-Q3 | 173 | 27,131,442 | — | $2.1B |
| 2021-Q2 | 185 | 29,637,043 | — | $2.2B |
| 2021-Q1 | 150 | 16,610,890 | — | $1.2B |
| 2020-Q4 | 117 | 10,766,185 | — | $662M |
| 2020-Q3 | 111 | 6,758,280 | — | $331M |
| 2020-Q2 | 104 | 6,092,524 | — | $291M |
| 2020-Q1 | 113 | 6,752,602 | — | $270M |
| 2019-Q4 | 140 | 8,568,994 | — | $594M |
| 2019-Q3 | 118 | 7,528,016 | — | $488M |
| 2019-Q2 | 117 | 7,606,558 | — | $494M |
| 2019-Q1 | 118 | 7,599,092 | — | $482M |
| 2018-Q4 | 119 | 7,872,040 | — | $448M |
| 2018-Q3 | 109 | 7,378,024 | — | $507M |
| 2018-Q2 | 106 | 7,247,035 | — | $448M |
| 2018-Q1 | 1 | 220,880 | — | $14M |
| 2017-Q4 | 1 | 213,340 | — | $14M |
| 2016-Q1 | 1 | 205 | — | $12,000 |
