% of shares outstanding is not shown for RWLC: 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 RWLC 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 | Sowell Financial Services LLC | 808,072808,072 | $26M | — | ADD 7% |
| 2 | Coppell Advisory Solutions LLC | 94,05894,058 | $3M | — | ADD 16% |
| 3 | GeoWealth Management, LLC | 73,23773,237 | $2M | — | ADD 6% |
| 4 | JANE STREET GROUP, LLC | 16,69416,694 | $531,954 | — | TRIM -33% |
| 5 | GOLDMAN SACHS GROUP INC | 14,09114,091 | $449,010 | — | NEW |
| 6 | CITADEL ADVISORS LLC | 14,08914,089 | $448,946 | — | NEW |
| 7 | Cambridge Investment Research Advisors, Inc. | 8,7188,718 | $278,000 | — | TRIM -12% |
| 8 | JPMORGAN CHASE & CO | 882882 | $27,439 | — | — |
| 9 | UBS Group AG | 330330 | $10,515 | — | ADD 1000% |
| 10 | JNBA Financial Advisors | 310310 | $9,888 | — | ADD 14% |
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 |
|---|---|---|---|---|---|---|---|
| Sowell Financial Services LLC | — | 591K | 643K | 687K | 758K | 808K | $26M |
| Coppell Advisory Solutions LLC | — | 60K | 68K | 82K | 81K | 94K | $3M |
| GeoWealth Management, LLC | — | 75K | 73K | 71K | 69K | 73K | $2M |
| JANE STREET GROUP, LLC | 9K | 41K | 11K | — | 25K | 17K | $531,954 |
| GOLDMAN SACHS GROUP INC | — | — | — | — | — | 14K | $449,010 |
| CITADEL ADVISORS LLC | — | — | — | — | — | 14K | $448,946 |
| Cambridge Investment Research Advisors, Inc. | — | — | — | 10K | 10K | 9K | $278,000 |
| JPMORGAN CHASE & CO | — | 882 | — | — | 882 | 882 | $27,439 |
| UBS Group AG | 90 | 711 | 248 | — | 30 | 330 | $10,515 |
| JNBA Financial Advisors | — | — | 43 | 193 | 271 | 310 | $9,888 |
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 | 10 | 1,030,481 |
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 | |
|---|---|---|---|
| Sowell Financial Services LLC | +50,435 | $2M | ADD |
| GOLDMAN SACHS GROUP INC | +14,091 | $449,010 | OPEN |
| CITADEL ADVISORS LLC | +14,089 | $448,946 | OPEN |
| Coppell Advisory Solutions LLC | +12,716 | $405,195 | ADD |
| GeoWealth Management, LLC | +3,890 | $123,955 | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| JANE STREET GROUP, LLC | −8,203 | $261,389 | TRIM |
| FLOW TRADERS U.S. LLC | −8,009 | $255,207 | CLOSE |
| LaSalle St. Investment Advisors, LLC | −6,258 | $199,411 | CLOSE |
| Cambridge Investment Research Advisors, Inc. | −1,234 | $39,321 | 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).
| — |
| $33M |
| 2025-Q4 | 10 | 958,625 | — | $32M |
| 2025-Q3 | 8 | 879,499 | — | $33M |
| 2025-Q2 | 9 | 822,259 | — | $30M |
| 2025-Q1 | 11 | 815,447 | — | $26M |
| 2024-Q4 | 6 | 56,696 | — | $2M |
| 2024-Q3 | 7 | 127,496 | — | $4M |
| 2024-Q2 | 5 | 118,992 | — | $4M |
| 2024-Q1 | 3 | 104,925 | — | $3M |
| 2023-Q4 | 4 | 66,463 | — | $2M |
| 2023-Q3 | 2 | 59,815 | — | $1M |
| 2023-Q2 | 4 | 64,024 | — | $2M |
| 2023-Q1 | 5 | 64,478 | — | $1M |
| 2022-Q4 | 1 | 16,138 | — | $356,120 |
| 2022-Q3 | 2 | 18,660 | — | $379,000 |
| 2022-Q2 | 2 | 70,711 | — | $1M |
| 2022-Q1 | 1 | 79,160 | — | $2M |
| 2021-Q4 | 1 | 72,143 | — | $2M |
