% of shares outstanding is not shown for SLVR: 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 SLVR 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 |
|---|---|---|---|---|---|---|---|
| Belvedere Trading LLC | — | — | 84K | 299K | 346K | 379K | $22M |
| JANE STREET GROUP, LLC | — | 92K | 36K | 137K | 160K | 226K | $13M |
| UBS Group AG | — | 2 | 2 | 2 | 37K | 196K | $12M |
| PNC FINANCIAL SERVICES GROUP, INC. | — | — | 2K | 5K | 119K | 114K | $7M |
| COMMONWEALTH EQUITY SERVICES, LLC | — | — | 82K | 87K | 94K | 107K | $6M |
| LPL Financial LLC | — | — | — | — | 21K | 100K | $6M |
| STIFEL FINANCIAL CORP | — | — | — | 13K | 31K | 93K | $6M |
| SIMPLEX TRADING, LLC | — | — | 829 | 7K | 75K | 87K | $5M |
| Cetera Investment Advisers | — | 19K | 25K | 35K | 65K | 73K | $4M |
| Holcombe Financial, Inc. | — | — | — | — | 30K | 50K | $3M |
| Cambridge Investment Research Advisors, Inc. | — | 15K | 28K | 24K | 28K | 48K | $3M |
| GTS SECURITIES LLC | — | — | — | — | — | 46K | $3M |
| SCOTIA CAPITAL INC. | — | — | — | — | — | 44K | $3M |
| SPWM Advisors LLC | — | — | — | — | — | 28K | $2M |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | — | — | — | — | 9K | 30K | $2M |
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 | 100 | 2,098,623 | — | $124M |
| 2025-Q4 | 80 | 1,756,798 | — | $98M |
| 2025-Q3 | 50 | 1,134,847 | — | $50M |
| 2025-Q2 | 32 | 585,759 | — | $17M |
| 2025-Q1 | 12 | 255,355 | — | $6M |
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 | |
|---|---|---|---|
| UBS Group AG | +159,223 | $9M | ADD |
| LPL Financial LLC | +78,949 | $5M | ADD |
| JANE STREET GROUP, LLC | +66,285 | $4M | ADD |
| STIFEL FINANCIAL CORP | +62,176 | $4M | ADD |
| GTS SECURITIES LLC | +46,304 | $3M | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| GROUP ONE TRADING LLC | −128,449 | $8M | CLOSE |
| Pine Valley Investments Ltd Liability Co | −58,881 | $3M | CLOSE |
| CITADEL ADVISORS LLC | −54,123 | $3M | CLOSE |
| HighTower Advisors, LLC | −52,101 | $3M | TRIM |
| TORNO CAPITAL, LLC | −39,100 | $2M | CLOSE |
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).