% of shares outstanding is not shown for SPVM: 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 SPVM 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 |
|---|---|---|---|---|---|---|---|
| LPL Financial LLC | 74K | 82K | 110K | 116K | 139K | 196K | $14M |
| Beta Wealth Group, Inc. | — | 141K | 178K | 178K | 175K | 172K | $12M |
| CAPSTONE WEALTH MANAGEMENT GROUP, LLC | — | 77K | — | 152K | 158K | 160K | $11M |
| Tactive Advisors, LLC | — | — | — | — | — | 90K | $6M |
| RAYMOND JAMES FINANCIAL INC | 27K | 20K | 23K | 20K | 254K | 54K | $4M |
| BANK OF AMERICA CORP /DE/ | 36K | 36K | 37K | 37K | 37K | 32K | $2M |
| HARBOUR INVESTMENTS, INC. | — | — | — | — | — | 21K | $1M |
| AMERIPRISE FINANCIAL INC | — | — | 3K | 18K | 19K | 20K | $1M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 7K | 5K | — | 5K | 4K | 20K | $1M |
| JONES FINANCIAL COMPANIES LLLP | 747 | 2K | 3K | 5K | 9K | 18K | $1M |
| Perennial Investment Advisors, LLC | — | — | — | — | — | 9K | $596,921 |
| THOROUGHBRED FINANCIAL SERVICES, LLC | — | — | — | — | — | 9K | $591,000 |
| MORGAN STANLEY | 29K | 32K | 31K | 21K | 22K | 7K | $494,864 |
| Tower Research Capital LLC (TRC) | 4K | 3K | 2K | 172 | — | 7K | $468,244 |
| Cooper Financial Group | 49K | 48K | 48K | 10K | 8K | 7K | $459,561 |
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 | |
|---|---|---|---|
| Tactive Advisors, LLC | +90,263 | $6M | OPEN |
| LPL Financial LLC | +56,858 | $4M | ADD |
| HARBOUR INVESTMENTS, INC. | +20,613 | $1M | OPEN |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | +16,319 | $1M | ADD |
| JONES FINANCIAL COMPANIES LLLP | +8,797 | $606,113 | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| RAYMOND JAMES FINANCIAL INC | −200,213 | $14M | TRIM |
| MORGAN STANLEY | −15,127 | $1M | TRIM |
| IFG Advisory, LLC | −12,536 | $863,730 | CLOSE |
| BANK OF AMERICA CORP /DE/ | −5,190 | $357,591 | TRIM |
| NewEdge Advisors, LLC | −4,567 | $314,666 | 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).
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 32 | 844,175 | — | $58M |
| 2025-Q4 | 28 | 857,135 | — | $58M |
| 2025-Q3 | 22 | 588,017 | — | $39M |
| 2025-Q2 | 20 | 460,677 | — | $28M |
| 2025-Q1 | 22 | 473,091 | — | $27M |
| 2024-Q4 | 18 | 253,197 | — | $15M |
| 2024-Q3 | 18 | 244,934 | — | $14M |
| 2024-Q2 | 18 | 230,557 | — | $12M |
| 2024-Q1 | 21 | 358,360 | — | $20M |
| 2023-Q4 | 16 | 290,568 | — | $15M |
| 2023-Q3 | 18 | 290,549 | — | $14M |
| 2023-Q2 | 16 | 295,139 | — | $14M |
| 2023-Q1 | 17 | 313,525 | — | $15M |
| 2022-Q4 | 21 | 385,579 | — | $18M |
| 2022-Q3 | 20 | 395,111 | — | $18M |
| 2022-Q2 | 21 | 455,908 | — | $21M |
| 2022-Q1 | 24 | 498,802 | — | $27M |
| 2021-Q4 | 17 | 266,918 | — | $14M |
| 2021-Q3 | 17 | 264,167 | — | $13M |
| 2021-Q2 | 14 | 163,176 | — | $8M |
| 2021-Q1 | 13 | 116,630 | — | $5M |
| 2020-Q4 | 13 | 487,445 | — | $20M |
| 2020-Q3 | 14 | 575,472 | — | $20M |
| 2020-Q2 | 15 | 612,287 | — | $20M |
| 2020-Q1 | 18 | 883,531 | — | $25M |
| 2019-Q4 | 20 | 676,037 | — | $29M |
| 2019-Q3 | 22 | 719,936 | — | $29M |
| 2019-Q2 | 23 | 784,397 | — | $31M |
| 2019-Q1 | 28 | 2,091,446 | — | $80M |
| 2018-Q4 | 26 | 2,245,301 | — | $77M |
| 2018-Q3 | 23 | 1,890,650 | — | $74M |
| 2018-Q2 | 21 | 1,483,132 | — | $56M |
