% of shares outstanding is not shown for SDVY: 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 SDVY 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 | LPL Financial LLC | 24,870,85224.9M | $981M | — | — |
| 2 | MORGAN STANLEY | 18,583,99118.6M | $733M | — | ADD 4% |
| 3 | RAYMOND JAMES FINANCIAL INC | 15,324,96715.3M | $604M | — | ADD 9% |
| 4 | WELLS FARGO & COMPANY/MN | 12,623,60912.6M | $498M | — | — |
| 5 | BANK OF AMERICA CORP /DE/ | 9,463,5859.5M | $373M | — | ADD 6% |
| 6 | Cetera Investment Advisers | 7,943,3627.9M | $313M | — | ADD 3% |
| 7 | ROYAL BANK OF CANADA | 6,670,9116.7M | $263M | — | ADD 5% |
| 8 | UBS Group AG | 6,289,0106.3M | $248M | — | TRIM -9% |
| 9 | Capital Investment Advisors, LLC | 4,575,0864.6M | $180M | — | ADD 5% |
| 10 | STIFEL FINANCIAL CORP | 3,945,4293.9M | $156M | — | TRIM -5% |
| 11 | HARBOUR INVESTMENTS, INC. | 3,830,3913.8M | $151M | — | ADD 41% |
| 12 | ENVESTNET ASSET MANAGEMENT INC | 3,621,2933.6M | $143M | — | ADD 10% |
| 13 | PARK NATIONAL CORP /OH/ | 3,472,0413.5M | $137M | — | — |
| 14 | COMMONWEALTH EQUITY SERVICES, LLC | 3,455,3283.5M | $136M | — | TRIM -3% |
| 15 | HighTower Advisors, LLC | 2,973,9603.0M | $117M | — | TRIM -10% |
| 16 | OSAIC HOLDINGS, INC. | 2,813,0612.8M | $111M | — | — |
| 17 | LVZ, Inc. | 2,674,2962.7M | $105M | — | TRIM -5% |
| 18 | TRUIST FINANCIAL CORP | 2,653,7982.7M | $105M | — | ADD 8% |
| 19 | Cambridge Investment Research Advisors, Inc. | 2,597,7832.6M | $102M | — | ADD 11% |
| 20 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 2,498,7102.5M | $99M | — | ADD 14% |
| 21 | Baird Financial Group, Inc. | 1,689,2761.7M | $67M | — | ADD 18% |
| 22 | Kestra Advisory Services, LLC | 1,659,6881.7M | $65M | — | ADD 6% |
| 23 | BLAIR WILLIAM & CO/IL | 1,480,5581.5M | $58M | — | ADD 13% |
| 24 | JONES FINANCIAL COMPANIES LLLP | 1,505,5261.5M | $58M | — | ADD 36% |
| 25 | Private Advisor Group, LLC | 1,444,9601.4M | $57M | — | ADD 6% |
| 26 | MML INVESTORS SERVICES, LLC | 1,368,0521.4M | $54M | — | TRIM -18% |
| 27 | Rockefeller Capital Management L.P. | 1,282,1941.3M | $51M | — | ADD 14% |
| 28 | ELEVATION POINT WEALTH PARTNERS, LLC | 1,039,8621.0M | $41M | — | ADD 14172% |
| 29 | Vestmark Advisory Solutions, Inc. | 1,029,9511.0M | $41M | — | ADD 14036% |
| 30 | SMITH CHAS P & ASSOCIATES PA CPAS | 1,026,4581.0M | $40M | — | — |
| 31 | Janney Montgomery Scott LLC | 911,680911,680 | $36M | — | ADD 9% |
| 32 | JSF Financial, LLC | 891,631891,631 | $35M | — | ADD 55% |
| 33 | Arkadios Wealth Advisors | 861,728861,728 | $34M | — | ADD 191% |
| 34 | Prospera Financial Services Inc | 852,512852,512 | $34M | — | ADD 14% |
| 35 | Western Wealth Management, LLC | 849,178849,178 | $33M | — | ADD 12% |
| 36 | Independent Advisor Alliance | 824,540824,540 | $33M | — | NEW |
| 37 | D.A. DAVIDSON & CO. | 736,973736,973 | $29M | — | ADD 9% |
| 38 | GW HENSSLER & ASSOCIATES LTD | 685,207685,207 | $27M | — | ADD 34% |
| 39 | Integrated Wealth Concepts LLC | 653,431653,431 | $26M | — | ADD 26% |
| 40 | Decker Wealth Management LLC | 628,685628,685 | $25M | — | — |
| 41 | Blue Chip Partners, LLC | 607,551607,551 | $24M | — | ADD 3% |
| 42 | Sanctuary Advisors, LLC | 587,966587,966 | $23M | — | — |
| 43 | Aptus Capital Advisors, LLC | 578,589578,589 | $23M | — | ADD 9% |
| 44 | WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 571,011571,011 | $23M | — | TRIM -4% |
| 45 | Trilogy Capital Inc. | 562,650562,650 | $22M | — | — |
| 46 | GUARDIAN WEALTH ADVISORS, LLC / NC | 547,352547,352 | $22M | — | ADD 8% |
| 47 | FIRST TRUST ADVISORS LP | 535,680535,680 | $21M | — | ADD 18% |
| 48 | Summit Financial, LLC | 532,862532,862 | $21M | — | — |
| 49 | Equitable Holdings, Inc. | 537,002537,002 | $21M | — | TRIM -4% |
| 50 | Steward Partners Investment Advisory, LLC | 521,538521,538 | $21M | — | ADD 4% |
| 51 | Private Wealth Asset Management, LLC | 510,590510,590 | $20M | — | ADD 43% |
| 52 | Wagner Wealth Management, LLC | 488,665488,665 | $19M | — | ADD 3% |
| 53 | Focus Partners Wealth | 483,798483,798 | $19M | — | ADD 97% |
| 54 | Sanchez Wealth Management Group | 451,725451,725 | $18M | — | — |
| 55 | CWM, LLC | 449,821449,821 | $18M | — | — |
| 56 | Advantage Trust Co | 443,500443,500 | $17M | — | — |
| 57 | &PARTNERS | 434,608434,608 | $17M | — | TRIM -4% |
| 58 | Crumly & Associates Inc. | 433,507433,507 | $17M | — | TRIM -9% |
| 59 | Solano Wealth Investment Advisors LLC | 425,107425,107 | $17M | — | — |
| 60 | INDEPENDENT FINANCIAL GROUP, LLC | 418,090418,090 | $16M | — | ADD 4% |
| 61 | Focus Financial Network, Inc. | 415,114415,114 | $16M | — | ADD 5% |
| 62 | Richmond Investment Services, LLC | 414,692414,692 | $16M | — | ADD 5% |
| 63 | DAGCO, INC. | 413,183413,183 | $16M | — | ADD 12% |
| 64 | B & T Capital Management DBA Alpha Capital Management | 363,033363,033 | $14M | — | — |
| 65 | Gateway Wealth Partners, LLC | 351,046351,046 | $14M | — | ADD 139% |
| 66 | J.W. COLE ADVISORS, INC. | 333,920333,920 | $13M | — | ADD 4% |
| 67 | Aft, Forsyth & Sober, LLC | 329,600329,600 | $13M | — | — |
| 68 | Wealthcare Advisory Partners LLC | 318,732318,732 | $13M | — | — |
| 69 | NewEdge Advisors, LLC | 639,713639,713 | $12M | — | TRIM -36% |
| 70 | Sigma Planning Corp | 300,698300,698 | $12M | — | ADD 3% |
| 71 | RFG Advisory, LLC | 300,293300,293 | $12M | — | ADD 16% |
| 72 | KESTRA PRIVATE WEALTH SERVICES, LLC | 299,257299,257 | $12M | — | — |
| 73 | AXXCESS WEALTH MANAGEMENT, LLC | 297,107297,107 | $12M | — | ADD 12% |
| 74 | Golden State Wealth Management, LLC | 297,058297,058 | $12M | — | — |
| 75 | Foundations Investment Advisors, LLC | 293,906293,906 | $12M | — | ADD 9% |
| 76 | PRECEDENT WEALTH PARTNERS, LLC | 293,256293,256 | $12M | — | ADD 14% |
| 77 | Procyon Advisors, LLC | 291,405291,405 | $11M | — | ADD 18% |
| 78 | Stratos Wealth Advisors, LLC | 286,832286,832 | $11M | — | TRIM -3% |
| 79 | S Harris Financial Group, LLC | 284,420284,420 | $11M | — | — |
| 80 | Randall & Associates Wealth Management | 281,674281,674 | $11M | — | ADD 65% |
| 81 | PINNACLE ASSOCIATES LTD | 279,780279,780 | $11M | — | ADD 11% |
| 82 | TrueWealth Advisors, LLC | 266,637266,637 | $11M | — | TRIM -2% |
| 83 | BENJAMIN EDWARDS INC | 264,602264,602 | $10M | — | TRIM -9% |
| 84 | PSI Advisors, LLC | 258,753258,753 | $10M | — | ADD 3% |
| 85 | US BANCORP \DE\ | 257,694257,694 | $10M | — | ADD 12% |
| 86 | StoneX Group Inc. | 254,193254,193 | $10M | — | TRIM -42% |
| 87 | Hobart Private Capital, LLC | 244,264244,264 | $10M | — | ADD 42% |
| 88 | Econ Financial Services Corp | 241,302241,302 | $10M | — | ADD 34% |
| 89 | Atria Investments, Inc | 240,787240,787 | $9M | — | — |
| 90 | Arax Advisory Partners | 237,546237,546 | $9M | — | ADD 4% |
| 91 | NATIONS FINANCIAL GROUP INC, /IA/ /ADV | 224,997224,997 | $9M | — | ADD 10% |
| 92 | OPPENHEIMER & CO INC | 222,880222,880 | $9M | — | ADD 17% |
| 93 | Certified Advisory Corp | 215,374215,374 | $8M | — | — |
| 94 | GREAT VALLEY ADVISOR GROUP, INC. | 211,777211,777 | $8M | — | ADD 4% |
| 95 | VestGen Advisors, LLC | 200,652200,652 | $8M | — | TRIM -3% |
| 96 | Mariner, LLC | 210,001210,001 | $8M | — | ADD 3% |
| 97 | My Portfolio Guide, LLC | 208,576208,576 | $8M | — | NEW |
| 98 | First Heartland Consultants, Inc. | 206,615206,615 | $8M | — | TRIM -11% |
| 99 | Triumph Capital Management | 206,474206,474 | $8M | — | — |
| 100 | LCW Services, LLC | 205,084205,084 | $8M | — | 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 |
|---|---|---|---|---|---|---|---|
| LPL Financial LLC | 21.9M | 23.4M | 23.5M | 23.8M | 24.9M | 24.9M | $981M |
| MORGAN STANLEY | 18.7M | 19.5M | 19.7M | 17.8M | 17.9M | 18.6M | $733M |
| RAYMOND JAMES FINANCIAL INC | 10.6M | 12.5M | 12.0M | 12.8M | 14.1M | 15.3M | $604M |
| WELLS FARGO & COMPANY/MN | 12.7M | 13.2M | 12.0M | 12.5M | 12.4M | 12.6M | $498M |
| BANK OF AMERICA CORP /DE/ | 7.1M | 7.8M | 7.4M | 8.0M | 8.9M | 9.5M | $373M |
| Cetera Investment Advisers | 3.4M | 5.0M | 5.3M | 7.3M | 7.7M | 7.9M | $313M |
| ROYAL BANK OF CANADA | 5.6M | 5.9M | 11.6M | 6.0M | 6.3M | 6.7M | $263M |
| UBS Group AG | 6.6M | 6.7M | 6.4M | 6.7M | 6.9M | 6.3M | $248M |
| Capital Investment Advisors, LLC | 3.5M | 3.7M | 4.0M | 4.2M | 4.4M | 4.6M | $180M |
| STIFEL FINANCIAL CORP | 2.8M | 3.5M | 3.5M | 4.0M | 4.2M | 3.9M | $156M |
| HARBOUR INVESTMENTS, INC. | 601K | 495K | 2.8M | 2.9M | 2.7M | 3.8M | $151M |
| ENVESTNET ASSET MANAGEMENT INC | 3.0M | 3.1M | 3.0M | 3.1M | 3.3M | 3.6M | $143M |
| PARK NATIONAL CORP /OH/ | 2.8M | 3.1M | 3.4M | 3.4M | 3.4M | 3.5M | $137M |
| COMMONWEALTH EQUITY SERVICES, LLC | 2.7M | 2.9M | 2.9M | 3.4M | 3.6M | 3.5M | $136M |
| HighTower Advisors, LLC | 2.4M | 2.5M | 2.6M | 3.1M | 3.3M | 3.0M | $117M |
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 | |
|---|---|---|---|
| RAYMOND JAMES FINANCIAL INC | +1,219,704 | $48M | ADD |
| HARBOUR INVESTMENTS, INC. | +1,114,597 | $44M | ADD |
| ELEVATION POINT WEALTH PARTNERS, LLC | +1,032,576 | $41M | ADD |
| Vestmark Advisory Solutions, Inc. | +1,022,665 | $40M | ADD |
| Independent Advisor Alliance | +824,540 | $32M | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| UBS Group AG | −652,155 | $26M | TRIM |
| Pine Valley Investments Ltd Liability Co | −434,710 | $17M | CLOSE |
| Spectrum Wealth Advisory Group, LLC | −414,517 | $16M | TRIM |
| NewEdge Advisors, LLC | −364,566 | $14M | TRIM |
| HighTower Advisors, LLC | −331,828 | $13M | 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 | 557 | 203,022,001 | — | $8.0B |
| 2025-Q4 | 530 | 193,115,893 | — | $7.4B |
| 2025-Q3 | 483 | 180,650,414 | — | $6.9B |
| 2025-Q2 | 474 | 182,498,859 | — | $6.4B |
| 2025-Q1 | 482 | 177,923,859 | — | $6.0B |
| 2024-Q4 | 501 | 164,851,449 | — | $5.9B |
| 2024-Q3 | 402 | 133,139,906 | — | $4.8B |
| 2024-Q2 | 339 | 110,788,749 | — | $3.7B |
| 2024-Q1 | 304 | 111,465,973 | — | $3.9B |
| 2023-Q4 | 236 | 63,538,485 | — | $2.1B |
| 2023-Q3 | 178 | 39,370,588 | — | $1.1B |
| 2023-Q2 | 167 | 29,197,881 | — | $826M |
| 2023-Q1 | 164 | 27,798,906 | — | $740M |
| 2022-Q4 | 153 | 26,105,196 | — | $662M |
| 2022-Q3 | 143 | 24,579,238 | — | $569M |
| 2022-Q2 | 146 | 23,229,761 | — | $555M |
| 2022-Q1 | 135 | 21,984,882 | — | $616M |
| 2021-Q4 | 87 | 9,615,851 | — | $291M |
| 2021-Q3 | 51 | 4,732,508 | — | $134M |
| 2021-Q2 | 41 | 2,838,135 | — | $83M |
| 2021-Q1 | 22 | 670,430 | — | $19M |
| 2020-Q4 | 9 | 166,186 | — | $4M |
| 2020-Q3 | 7 | 114,867 | — | $2M |
| 2020-Q2 | 11 | 168,319 | — | $3M |
| 2020-Q1 | 11 | 159,238 | — | $2M |
| 2019-Q4 | 6 | 174,209 | — | $4M |
| 2019-Q3 | 6 | 93,829 | — | $2M |
| 2019-Q2 | 6 | 62,648 | — | $1M |
| 2019-Q1 | 7 | 67,019 | — | $1M |
| 2018-Q4 | 8 | 71,662 | — | $1M |
| 2018-Q3 | 5 | 30,656 | — | $653,000 |
| 2018-Q2 | 3 | 16,376 | — | $344,000 |
| 2018-Q1 | 2 | 14,954 | — | $310,000 |
| 2017-Q4 | 3 | 84,376 | — | $2M |
