% of shares outstanding is not shown for SPYV: 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 SPYV 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 | Financial Engines Advisors L.L.C. | 81,414,41581.4M | $4.6B | — | — |
| 2 | LPL Financial LLC | 51,485,69151.5M | $2.9B | — | ADD 3% |
| 3 | GOLDMAN SACHS GROUP INC | 22,832,65522.8M | $1.3B | — | — |
| 4 | Allworth Financial LP | 19,767,08219.8M | $1.1B | — | — |
| 5 | MORGAN STANLEY | 9,374,4709.4M | $530M | — | TRIM -53% |
| 6 | Valmark Advisers, Inc. | 8,996,0589.0M | $509M | — | ADD 3% |
| 7 | AMERIPRISE FINANCIAL INC | 7,303,1877.3M | $414M | — | TRIM -12% |
| 8 | BANK OF AMERICA CORP /DE/ | 7,235,3097.2M | $409M | — | TRIM -6% |
| 9 | JPMORGAN CHASE & CO | 6,904,5676.9M | $384M | — | — |
| 10 | RAYMOND JAMES FINANCIAL INC | 6,407,7516.4M | $363M | — | ADD 7% |
| 11 | UBS Group AG | 6,155,6216.2M | $348M | — | TRIM -5% |
| 12 | Willis Johnson & Associates, Inc. | 6,067,3306.1M | $343M | — | ADD 5% |
| 13 | Horizon Investments, LLC | 5,332,1765.3M | $302M | — | ADD 38% |
| 14 | Advisory Alpha, LLC | 4,945,2724.9M | $280M | — | TRIM -12% |
| 15 | Equitable Holdings, Inc. | 4,898,7404.9M | $278M | — | TRIM -5% |
| 16 | ENVESTNET ASSET MANAGEMENT INC | 4,802,1234.8M | $272M | — | ADD 16% |
| 17 | NorthRock Partners, LLC | 4,586,3054.6M | $259M | — | ADD 4% |
| 18 | VANTAGEPOINT INVESTMENT ADVISERS LLC | 4,327,2734.3M | $245M | — | TRIM -3% |
| 19 | ROYAL BANK OF CANADA | 4,298,2474.3M | $243M | — | TRIM -28% |
| 20 | Connecticut Wealth Management, LLC | 4,294,6464.3M | $243M | — | ADD 18% |
| 21 | Cetera Investment Advisers | 4,205,9524.2M | $238M | — | ADD 6% |
| 22 | CWM, LLC | 4,161,8234.2M | $235M | — | — |
| 23 | Dynasty Wealth Management, LLC | 3,971,9844.0M | $225M | — | ADD 10% |
| 24 | Quotient Wealth Partners, LLC | 3,840,6483.8M | $217M | — | ADD 8% |
| 25 | TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC | 3,714,6293.7M | $210M | — | NEW |
| 26 | Cerity Partners LLC | 3,601,9343.6M | $204M | — | — |
| 27 | AE Wealth Management LLC | 3,586,4113.6M | $203M | — | ADD 2% |
| 28 | HighTower Advisors, LLC | 3,080,3193.1M | $174M | — | ADD 21% |
| 29 | WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 2,819,7882.8M | $160M | — | TRIM -39% |
| 30 | Independent Advisor Alliance | 2,780,1872.8M | $157M | — | ADD 5108% |
| 31 | Private Advisor Group, LLC | 2,764,6342.8M | $156M | — | TRIM -2% |
| 32 | DIVERSIFY WEALTH MANAGEMENT, LLC | 2,618,3892.6M | $155M | — | ADD 49% |
| 33 | Octavia Wealth Advisors, LLC | 2,722,6192.7M | $154M | — | ADD 19% |
| 34 | OSAIC HOLDINGS, INC. | 2,721,9242.7M | $154M | — | TRIM -13% |
| 35 | STIFEL FINANCIAL CORP | 2,662,8372.7M | $151M | — | ADD 30% |
| 36 | Gerber Kawasaki Wealth & Investment Management | 2,552,4952.6M | $144M | — | ADD 6% |
| 37 | Lutz Financial Services LLC | 2,434,6762.4M | $138M | — | — |
| 38 | Betterment LLC | 2,247,3542.2M | $127M | — | TRIM -4% |
| 39 | ANGELES WEALTH MANAGEMENT, LLC | 2,198,0372.2M | $124M | — | ADD 6% |
| 40 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 2,157,9342.2M | $122M | — | ADD 3% |
| 41 | WELLS FARGO & COMPANY/MN | 2,154,7062.2M | $122M | — | ADD 2% |
| 42 | Mariner, LLC | 2,094,9752.1M | $119M | — | — |
| 43 | BENJAMIN EDWARDS INC | 1,981,5972.0M | $112M | — | ADD 30% |
| 44 | AlphaStar Capital Management, LLC | 1,953,3182.0M | $111M | — | TRIM -16% |
| 45 | OLD NATIONAL BANCORP /IN/ | 1,942,0421.9M | $110M | — | ADD 17% |
| 46 | First National Trust Co | 1,904,3621.9M | $108M | — | TRIM -3% |
| 47 | NICOLET BANKSHARES INC | 1,885,5611.9M | $107M | — | ADD 167% |
| 48 | Magnus Financial Group LLC | 1,837,7871.8M | $104M | — | ADD 4% |
| 49 | Bell Bank | 1,753,3181.8M | $99M | — | ADD 11% |
| 50 | COMMONWEALTH EQUITY SERVICES, LLC | 1,684,4831.7M | $95M | — | ADD 2% |
| 51 | IHT Wealth Management, LLC | 1,646,9021.6M | $93M | — | ADD 13% |
| 52 | KWB Wealth | 1,627,5591.6M | $92M | — | TRIM -7% |
| 53 | Convergence Financial, LLC | 1,601,8141.6M | $91M | — | ADD 126% |
| 54 | SIMON QUICK ADVISORS, LLC | 1,529,9791.5M | $87M | — | — |
| 55 | FOUNDERS FINANCIAL SECURITIES LLC | 1,450,8891.5M | $84M | — | ADD 5% |
| 56 | Integrated Wealth Concepts LLC | 1,482,8881.5M | $84M | — | ADD 21% |
| 57 | JONES FINANCIAL COMPANIES LLLP | 1,477,5371.5M | $82M | — | ADD 54% |
| 58 | FLAGSHIP HARBOR ADVISORS, LLC | 1,301,8501.3M | $74M | — | ADD 3% |
| 59 | EXCHANGE TRADED CONCEPTS, LLC | 1,299,9971.3M | $74M | — | ADD 3% |
| 60 | MML INVESTORS SERVICES, LLC | 1,203,3181.2M | $68M | — | ADD 16% |
| 61 | CoreCap Advisors, LLC | 1,195,4781.2M | $68M | — | ADD 10% |
| 62 | Klingman & Associates, LLC | 1,173,5071.2M | $66M | — | — |
| 63 | Dakota Wealth Management | 1,145,5361.1M | $65M | — | ADD 66% |
| 64 | FLPUTNAM INVESTMENT MANAGEMENT CO | 1,101,7171.1M | $62M | — | — |
| 65 | Compton Financial Group, LLC | 1,086,2141.1M | $61M | — | TRIM -24% |
| 66 | 71 West Capital Partners | 1,079,1821.1M | $61M | — | ADD 3% |
| 67 | FMR LLC | 1,048,8091.0M | $59M | — | — |
| 68 | Corient Private Wealth LLC | 1,033,4461.0M | $57M | — | TRIM -50% |
| 69 | N.E.W. Advisory Services LLC | 988,476988,476 | $56M | — | TRIM -35% |
| 70 | Summit Financial, LLC | 965,471965,471 | $55M | — | ADD 139% |
| 71 | Whitcomb & Hess, Inc. | 963,988963,988 | $55M | — | ADD 2% |
| 72 | Facet Wealth, Inc. | 881,334881,334 | $50M | — | ADD 5% |
| 73 | CGN Advisors LLC | 879,172879,172 | $50M | — | — |
| 74 | NOTTINGHAM ADVISORS, INC. | 868,602868,602 | $49M | — | ADD 7% |
| 75 | Waverly Advisors, LLC | 845,713845,713 | $48M | — | ADD 5% |
| 76 | Perennial Investment Advisors, LLC | 841,900841,900 | $48M | — | — |
| 77 | Leicht Financial Planning & Wealth Management, Inc. | 820,882820,882 | $46M | — | — |
| 78 | Cambridge Investment Research Advisors, Inc. | 812,663812,663 | $46M | — | TRIM -10% |
| 79 | BALANCED WEALTH GROUP LLC | 811,411811,411 | $46M | — | ADD 3% |
| 80 | CONFLUENCE INVESTMENT MANAGEMENT LLC | 790,404790,404 | $45M | — | ADD 31% |
| 81 | COURIER CAPITAL LLC | 784,446784,446 | $44M | — | ADD 8% |
| 82 | Arrow Financial Corp | 781,325781,325 | $44M | — | — |
| 83 | TSFG, LLC | 779,970779,970 | $44M | — | ADD 17% |
| 84 | Tennessee Valley Asset Management Partners | 750,134750,134 | $42M | — | — |
| 85 | MONECO ADVISORS, LLC | 743,606743,606 | $42M | — | ADD 7% |
| 86 | Avior Wealth Management, LLC | 738,755738,755 | $42M | — | ADD 7% |
| 87 | Accredited Investors Inc. | 723,052723,052 | $41M | — | — |
| 88 | Shepherd Financial Partners LLC | 712,981712,981 | $40M | — | ADD 3% |
| 89 | Constellation Investments, Inc. | 712,000712,000 | $40M | — | — |
| 90 | VICUS CAPITAL | 711,625711,625 | $40M | — | TRIM -3% |
| 91 | ERn Financial, LLC | 698,504698,504 | $40M | — | ADD 3% |
| 92 | Creative Planning | 695,802695,802 | $39M | — | — |
| 93 | Gladstone Institutional Advisory LLC | 677,459677,459 | $38M | — | TRIM -2% |
| 94 | Thrivent Financial for Lutherans | 669,773669,773 | $38M | — | TRIM -3% |
| 95 | Alta Wealth Advisors LLC | 641,702641,702 | $36M | — | ADD 8% |
| 96 | Higgins & Schmidt Wealth Strategies LLC | 639,848639,848 | $36M | — | ADD 4% |
| 97 | WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV | 639,789639,789 | $36M | — | — |
| 98 | GREAT VALLEY ADVISOR GROUP, INC. | 621,528621,528 | $35M | — | ADD 9% |
| 99 | Pinnacle Wealth Planning Services, Inc. | 620,103620,103 | $35M | — | ADD 6% |
| 100 | WALLER FINANCIAL PLANNING GROUP, INC | 595,915595,915 | $34M | — | ADD 5% |
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 |
|---|---|---|---|---|---|---|---|
| Financial Engines Advisors L.L.C. | 78.2M | 78.8M | 81.1M | 81.7M | 81.8M | 81.4M | $4.6B |
| LPL Financial LLC | 41.4M | 42.8M | 45.1M | 46.4M | 50.1M | 51.5M | $2.9B |
| GOLDMAN SACHS GROUP INC | 1.4M | 1.4M | 2.8M | 22.2M | 22.5M | 22.8M | $1.3B |
| Allworth Financial LP | 20.4M | 16.2M | 16.6M | 19.3M | 19.7M | 19.8M | $1.1B |
| MORGAN STANLEY | 9.2M | 9.8M | 9.8M | 9.0M | 19.7M | 9.4M | $530M |
| Valmark Advisers, Inc. | 7.7M | 7.9M | 8.3M | 8.5M | 8.7M | 9.0M | $509M |
| AMERIPRISE FINANCIAL INC | 8.0M | 9.0M | 8.3M | 8.6M | 8.3M | 7.3M | $414M |
| BANK OF AMERICA CORP /DE/ | 5.9M | 6.1M | 6.5M | 6.6M | 7.7M | 7.2M | $409M |
| JPMORGAN CHASE & CO | 5.4M | 6.8M | 7.2M | 14.9M | 6.8M | 6.9M | $384M |
| RAYMOND JAMES FINANCIAL INC | 5.5M | 5.7M | 5.8M | 5.9M | 6.0M | 6.4M | $363M |
| UBS Group AG | 7.0M | 6.7M | 6.6M | 7.3M | 6.5M | 6.2M | $348M |
| Willis Johnson & Associates, Inc. | 4.1M | 4.1M | 4.4M | 5.2M | 5.8M | 6.1M | $343M |
| Horizon Investments, LLC | 5.8M | 5.1M | 4.8M | 3.6M | 3.9M | 5.3M | $302M |
| Advisory Alpha, LLC | 4.6M | 5.0M | 5.2M | 5.6M | 5.6M | 4.9M | $280M |
| Equitable Holdings, Inc. | 3.9M | 4.4M | 4.9M | 4.9M | 5.2M | 4.9M | $278M |
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 | |
|---|---|---|---|
| TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC | +3,714,629 | $210M | OPEN |
| Independent Advisor Alliance | +2,726,808 | $154M | ADD |
| Horizon Investments, LLC | +1,461,146 | $83M | ADD |
| LPL Financial LLC | +1,386,584 | $78M | ADD |
| NICOLET BANKSHARES INC | +1,178,631 | $67M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| MORGAN STANLEY | −10,373,342 | $587M | TRIM |
| TIAA TRUST, NATIONAL ASSOCIATION | −3,635,627 | $206M | TRIM |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | −1,817,302 | $103M | TRIM |
| ROYAL BANK OF CANADA | −1,706,209 | $97M | TRIM |
| NICOLET ADVISORY SERVICES, LLC | −1,208,677 | $68M | 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 | 1,171 | 472,253,722 | — | $26.7B |
| 2025-Q4 | 1,152 | 478,185,939 | — | $27.2B |
| 2025-Q3 | 1,057 | 460,045,381 | — | $25.5B |
| 2025-Q2 | 1,046 | 429,965,232 | — | $22.5B |
| 2025-Q1 | 1,015 | 437,846,133 | — | $21.8B |
| 2024-Q4 | 1,020 | 423,127,029 | — | $21.2B |
| 2024-Q3 | 956 | 407,040,348 | — | $21.6B |
| 2024-Q2 | 898 | 380,360,912 | — | $18.5B |
| 2024-Q1 | 851 | 391,717,823 | — | $19.6B |
| 2023-Q4 | 839 | 393,425,854 | — | $18.3B |
| 2023-Q3 | 723 | 325,494,788 | — | $13.4B |
| 2023-Q2 | 719 | 312,896,768 | — | $13.5B |
| 2023-Q1 | 687 | 299,345,884 | — | $12.2B |
| 2022-Q4 | 708 | 330,733,423 | — | $12.8B |
| 2022-Q3 | 601 | 266,469,883 | — | $9.2B |
| 2022-Q2 | 605 | 271,625,331 | — | $10.0B |
| 2022-Q1 | 590 | 285,855,618 | — | $11.9B |
| 2021-Q4 | 555 | 248,039,435 | — | $10.4B |
| 2021-Q3 | 479 | 248,952,375 | — | $9.7B |
| 2021-Q2 | 474 | 282,879,760 | — | $10.4B |
| 2021-Q1 | 433 | 218,449,722 | — | $8.3B |
| 2020-Q4 | 383 | 179,486,269 | — | $6.1B |
| 2020-Q3 | 317 | 144,193,738 | — | $4.4B |
| 2020-Q2 | 331 | 140,075,000 | — | $4.1B |
| 2020-Q1 | 330 | 99,403,508 | — | $2.6B |
| 2019-Q4 | 353 | 125,233,171 | — | $4.4B |
| 2019-Q3 | 271 | 92,802,246 | — | $3.0B |
| 2019-Q2 | 236 | 67,447,103 | — | $2.1B |
| 2019-Q1 | 233 | 60,413,634 | — | $1.8B |
| 2018-Q4 | 221 | 58,235,012 | — | $1.6B |
| 2018-Q3 | 171 | 29,970,546 | — | $935M |
| 2018-Q2 | 155 | 26,769,121 | — | $803M |
| 2018-Q1 | 136 | 26,392,612 | — | $782M |
| 2017-Q4 | 102 | 7,459,159 | — | $234M |
| 2017-Q3 | 57 | 958,201 | — | $112M |
| 2017-Q2 | 60 | 955,349 | — | $109M |
| 2017-Q1 | 59 | 1,370,785 | — | $154M |
| 2016-Q4 | 53 | 1,237,513 | — | $136M |
| 2016-Q3 | 48 | 791,831 | — | $81M |
| 2016-Q2 | 46 | 749,431 | — | $75M |
| 2016-Q1 | 50 | 704,843 | — | $68M |
| 2015-Q4 | 45 | 655,331 | — | $63M |
| 2015-Q3 | 40 | 555,333 | — | $48M |
| 2015-Q2 | 40 | 592,682 | — | $59M |
| 2015-Q1 | 45 | 1,238,785 | — | $127M |
| 2014-Q4 | 39 | 1,289,719 | — | $133M |
| 2014-Q3 | 39 | 962,338 | — | $96M |
| 2014-Q2 | 36 | 799,599 | — | $80M |
| 2014-Q1 | 32 | 430,348 | — | $43M |
| 2013-Q4 | 29 | 457,087 | — | $44M |
| 2013-Q3 | 28 | 441,864 | — | $39M |
| 2013-Q2 | 25 | 392,807 | — | $35M |
| 2013-Q1 | 2 | 9,173 | — | $734,000 |
