% of shares outstanding is not shown for SROI: 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 SROI 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 | Arlington Financial Advisors, LLC | 154,437154,437 | $5M | — | ADD 2% |
| 2 | CITADEL ADVISORS LLC | 54,20754,207 | $2M | — | TRIM -13% |
| 3 | JANE STREET GROUP, LLC | 37,96737,967 | $1M | — | NEW |
| 4 | OSAIC HOLDINGS, INC. | 11,29411,294 | $369,300 | — | ADD 43% |
| 5 | Calamos Advisors LLC | 10,13010,130 | $331,251 | — | NEW |
| 6 | Calamos Wealth Management LLC | 10,13010,130 | $331,251 | — | — |
| 7 | SITTNER & NELSON, LLC | 6,3936,393 | $209,034 | — | — |
| 8 | Scarborough Advisors, LLC | 195195 | $6,382 | — | — |
| 9 | HARBOUR INVESTMENTS, INC. | 3030 | $981 | — | NEW |
| 10 | City State Bank | 2020 | $654 | — | — |
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 |
|---|---|---|---|---|---|---|---|
| Arlington Financial Advisors, LLC | 158K | 158K | 157K | 157K | 151K | 154K | $5M |
| CITADEL ADVISORS LLC | — | — | 43K | 40K | 62K | 54K | $2M |
| JANE STREET GROUP, LLC | 11K | 11K | — | — | — | 38K | $1M |
| OSAIC HOLDINGS, INC. | 6K | 6K | 6K | 7K | 8K | 11K | $369,300 |
| Calamos Advisors LLC | — | — | — | — | — | 10K | $331,251 |
| Calamos Wealth Management LLC | 10K | 10K | 10K | 10K | 10K | 10K | $331,251 |
| SITTNER & NELSON, LLC | — | — | — | — | 6K | 6K | $209,034 |
| Scarborough Advisors, LLC | — | — | 194 | 194 | 195 | 195 | $6,382 |
| HARBOUR INVESTMENTS, INC. | — | — | — | — | — | 30 | $981 |
| City State Bank | 20 | 20 | 20 | 20 | 20 | 20 | $654 |
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 | 10 | 284,803 | — | $9M |
| 2025-Q4 | 8 | 244,744 | — | $8M |
| 2025-Q3 | 9 | 257,669 | — | $9M |
| 2025-Q2 | 9 | 240,535 | — | $8M |
| 2025-Q1 | 7 | 207,377 | — | $6M |
| 2024-Q4 |
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 | |
|---|---|---|---|
| JANE STREET GROUP, LLC | +37,967 | $1M | OPEN |
| Calamos Advisors LLC | +10,130 | $331,223 | OPEN |
| OSAIC HOLDINGS, INC. | +3,407 | $111,399 | ADD |
| Arlington Financial Advisors, LLC | +3,299 | $107,868 | ADD |
| HARBOUR INVESTMENTS, INC. | +30 | $981 | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| CITADEL ADVISORS LLC | −7,794 | $254,842 | TRIM |
| FIGURE 8 INVESTMENT STRATEGIES LLC | −6,980 | $228,226 | 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).
| 7 |
| 202,420 |
| — |
| $6M |
| 2024-Q3 | 6 | 190,803 | — | $6M |
| 2024-Q2 | 4 | 189,079 | — | $5M |
| 2024-Q1 | 7 | 172,933 | — | $5M |
| 2023-Q4 | 5 | 164,588 | — | $4M |
| 2023-Q3 | 3 | 156,889 | — | $4M |
| 2023-Q2 | 5 | 211,595 | — | $5M |
| 2023-Q1 | 2 | 156,189 | — | $4M |
