% of shares outstanding is not shown for TBLL: 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 lands with its cohort — the cohort is size-matched, so it needs a market cap for TBLL in the served universe — that lands with the next screener build.
| # | Holder | Shares | Value | % of shares out | Δ QoQ |
|---|---|---|---|---|---|
| 1 | Invesco Ltd. | 5,840,5135.8M | $616M | — | ADD 48% |
| 2 | RiverFront Investment Group, LLC | 1,711,6711.7M | $181M | — | NEW |
| 3 | ENVESTNET ASSET MANAGEMENT INC | 1,474,3961.5M | $156M | — | ADD 732% |
| 4 | PNC FINANCIAL SERVICES GROUP, INC. | 1,256,4381.3M | $133M | — | ADD 3% |
| 5 | MERCER GLOBAL ADVISORS INC /ADV | 1,098,9021.1M | $116M | — | NEW |
| 6 | OSAIC HOLDINGS, INC. | 856,585856,585 | $90M | — | ADD 5% |
| 7 | LPL Financial LLC | 771,084771,084 | $81M | — | ADD 9% |
| 8 | MORGAN STANLEY | 717,359717,359 | $76M | — | TRIM -9% |
| 9 | AWM CAPITAL, LLC | 602,486602,486 | $64M | — | TRIM -28% |
| 10 | UBS Group AG | 510,175510,175 | $54M | — | TRIM -3% |
Ranked by each filer’s own reported value, not shares.
| Biggest buyers | Δ shares | Δ value | |
|---|---|---|---|
| Invesco Ltd. | +1,893,152 | $200M | ADD |
| RiverFront Investment Group, LLC | +1,711,671 | $181M | OPEN |
| ENVESTNET ASSET MANAGEMENT INC | +1,297,176 | $137M | ADD |
| MERCER GLOBAL ADVISORS INC /ADV | +1,098,902 | $116M | OPEN |
| RAYMOND JAMES FINANCIAL INC | +413,458 | $44M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| AWM CAPITAL, LLC | −235,454 | $25M | TRIM |
| GTS SECURITIES LLC | −97,400 | $10M | CLOSE |
| IFG Advisory, LLC | −73,355 | $8M | CLOSE |
| MORGAN STANLEY | −66,777 | $7M | TRIM |
| BANK OF AMERICA CORP /DE/ | −57,263 | $6M | TRIM |
Prior quarter split-rebased · 13Fs are long, US-listed only.
| Holder | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| Invesco Ltd. | 4.0M | 4.3M | 4.0M | 4.0M | 3.9M | 5.8M | $616M |
| RiverFront Investment Group, LLC | — | — | — | — | — | 1.7M | $181M |
| ENVESTNET ASSET MANAGEMENT INC | 241K | 407K | 192K | 188K | 177K | 1.5M | $156M |
| PNC FINANCIAL SERVICES GROUP, INC. | 1.2M | 1.3M | 1.3M | 1.2M | 1.2M | 1.3M | $133M |
| MERCER GLOBAL ADVISORS INC /ADV | — | — | — | — | — | 1.1M | $116M |
| OSAIC HOLDINGS, INC. | 657K | 715K | 755K | 780K | 818K | 857K | $90M |
| LPL Financial LLC | 655K | 613K | 632K | 717K | 710K | 771K | $81M |
| MORGAN STANLEY | 397K | 465K | 684K | 723K | 784K | 717K | $76M |
| AWM CAPITAL, LLC | 412K | 419K | 482K | 874K | 838K | 602K | $64M |
| UBS Group AG | 332K | 348K | 452K | 492K | 528K | 510K | $54M |
Green = added, red = trimmed, grey = held; a dash is a quarter with no 13F on file — a gap, not an exit.
Holders only — breaks = no 13F.
Short interest has its own tab now — open SI →
SEC Form 13F · ~10,250 filers, 10y · long-only, US-listed, filed ≤45d after quarter-end.
