% of shares outstanding is not shown for SEMI: 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 SEMI 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 |
|---|---|---|---|---|---|---|---|
| WealthPlan Investment Management, LLC | 132K | 131K | 187K | 183K | 167K | 92K | $3M |
| WealthPLAN Partners, LLC | 158K | 157K | 100K | 99K | 88K | 64K | $2M |
| Cetera Investment Advisers | — | — | — | — | 15K | 63K | $2M |
| Cambridge Investment Research Advisors, Inc. | — | — | 17K | 23K | 30K | 30K | $866,000 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | — | — | 18K | 12K | — | 21K | $597,566 |
| Next Level Private LLC | 18K | 18K | 16K | 16K | 17K | 18K | $530,248 |
| Janney Montgomery Scott LLC | 15K | 16K | 16K | 22K | 22K | 18K | $521,000 |
| Fermata Advisors, LLC | 37K | 37K | 37K | 37K | 33K | 16K | $473,130 |
| JANE STREET GROUP, LLC | — | — | — | — | — | 15K | $422,737 |
| Kestra Advisory Services, LLC | 12K | 12K | 12K | 12K | 12K | 14K | $394,472 |
| CAPTRUST FINANCIAL ADVISORS | — | — | — | — | — | 13K | $373,912 |
| COMMONWEALTH EQUITY SERVICES, LLC | 17K | 11K | — | 7K | 8K | 9K | $273,280 |
| SWEENEY & MICHEL, LLC | — | — | 9K | 8K | 8K | 8K | $258,140 |
| LPL Financial LLC | — | — | 12K | 12K | 9K | 8K | $244,010 |
| HARBOUR INVESTMENTS, INC. | 3K | 3K | 3K | 3K | 3K | 3K | $96,813 |
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 | 23 | 397,537 | — | $12M |
| 2025-Q4 | 20 | 422,274 |
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 | |
|---|---|---|---|
| Cetera Investment Advisers | +48,933 | $1M | ADD |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | +20,696 | $597,566 | OPEN |
| JANE STREET GROUP, LLC | +14,641 | $422,737 | OPEN |
| CAPTRUST FINANCIAL ADVISORS | +12,950 | $373,912 | OPEN |
| Kestra Advisory Services, LLC | +1,253 | $36,178 | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| WealthPlan Investment Management, LLC | −75,014 | $2M | TRIM |
| WealthPLAN Partners, LLC | −23,779 | $686,583 | TRIM |
| Fermata Advisors, LLC | −16,120 | $465,441 | TRIM |
| Johnson Financial Group, LLC | −6,800 | $196,340 | CLOSE |
| Janney Montgomery Scott LLC | −3,623 | $104,609 | 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).
| — |
| $13M |
| 2025-Q3 | 18 | 447,794 | — | $14M |
| 2025-Q2 | 19 | 432,525 | — | $12M |
| 2025-Q1 | 15 | 928,656 | — | $20M |
| 2024-Q4 | 13 | 1,053,908 | — | $27M |
| 2024-Q3 | 17 | 1,075,390 | — | $28M |
| 2024-Q2 | 18 | 1,073,891 | — | $29M |
| 2024-Q1 | 10 | 1,037,276 | — | $26M |
| 2023-Q4 | 10 | 1,079,885 | — | $24M |
| 2023-Q3 | 8 | 1,034,559 | — | $20M |
| 2023-Q2 | 4 | 663,819 | — | $14M |
| 2023-Q1 | 5 | 704,913 | — | $18M |
| 2022-Q4 | 5 | 650,315 | — | $10M |
| 2022-Q3 | 7 | 650,535 | — | $9M |
| 2022-Q2 | 4 | 650,614 | — | $10M |
| 2022-Q1 | 1 | 242,586 | — | $5M |
