% of shares outstanding not shown: no SEC cover-page share count falls within 120 days of the 2026-Q1 quarter end, so any percentage would rest on a count that cannot speak for this quarter. Holder share counts are shown as filed.
Crowding percentile withheld — no market cap for TEI 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 | MORGAN STANLEY | 2,753,0092.8M | $17M | — | TRIM -4% |
| 2 | EVERGREEN CAPITAL MANAGEMENT LLC | 2,200,5192.2M | $13M | — | TRIM -29% |
| 3 | Pathstone Holdings, LLC | 1,366,0861.4M | $8M | — | ADD 36% |
| 4 | Invesco Ltd. | 801,138801,138 | $5M | — | TRIM -7% |
| 5 | LPL Financial LLC | 573,554573,554 | $3M | — | ADD 3% |
| 6 | Rareview Capital LLC | 551,585551,585 | $3M | — | ADD 10% |
| 7 | HighTower Advisors, LLC | 510,283510,283 | $3M | — | — |
| 8 | OSAIC HOLDINGS, INC. | 383,485383,485 | $2M | — | ADD 56% |
| 9 | Pekin Hardy Strauss, Inc. | 380,699380,699 | $2M | — | TRIM -8% |
| 10 | Advisors Asset Management, Inc. | 336,262336,262 | $2M | — | TRIM -23% |
| 11 | FLAGSHIP HARBOR ADVISORS, LLC | 261,324261,324 | $2M | — | — |
| 12 | Uncommon Cents Investing LLC | 249,660249,660 | $2M | — | ADD 22% |
| 13 | Mutual Advisors, LLC | 244,450244,450 | $1M | — | TRIM -8% |
| 14 | Cetera Investment Advisers | 244,294244,294 | $1M | — | ADD 3% |
| 15 | RAYMOND JAMES FINANCIAL INC | 228,315228,315 | $1M | — | ADD 2% |
| 16 | Janney Montgomery Scott LLC | 228,071228,071 | $1M | — | ADD 457% |
| 17 | BANK OF AMERICA CORP /DE/ | 210,555210,555 | $1M | — | TRIM -17% |
| 18 | Mills Wealth Advisors LLC | 203,809203,809 | $1M | — | TRIM -5% |
| 19 | GUGGENHEIM CAPITAL LLC | 203,246203,246 | $1M | — | TRIM -5% |
| 20 | Kaizen Financial Strategies | 174,506174,506 | $1M | — | — |
| 21 | OPPENHEIMER & CO INC | 186,688186,688 | $1M | — | ADD 3% |
| 22 | US BANCORP \DE\ | 176,492176,492 | $1M | — | — |
| 23 | Shaker Financial Services, LLC | 150,874150,874 | $906,753 | — | TRIM -16% |
| 24 | WELLS FARGO & COMPANY/MN | 146,506146,506 | $880,498 | — | ADD 8% |
| 25 | INVICTUS PRIVATE WEALTH, LLC | 113,376113,376 | $681,391 | — | ADD 2% |
| 26 | Bramshill Investments, LLC | 109,997109,997 | $661,082 | — | — |
| 27 | Compound Planning, Inc. | 109,127109,127 | $655,854 | — | ADD 6% |
| 28 | Private Advisor Group, LLC | 105,743105,743 | $635,517 | — | TRIM -27% |
| 29 | Savvy Advisors, Inc. | 97,35797,357 | $585,116 | — | TRIM -3% |
| 30 | Mason & Associates Inc | 83,98683,986 | $495,517 | — | NEW |
| 31 | SAX WEALTH ADVISORS, LLC | 67,55267,552 | $435,710 | — | — |
| 32 | Kercheville Advisors, LLC | 63,58763,587 | $382,155 | — | — |
| 33 | WOLVERINE ASSET MANAGEMENT LLC | 54,63654,636 | $328,362 | — | NEW |
| 34 | Harbour Capital Advisors, LLC | 48,75948,759 | $321,322 | — | — |
| 35 | UBS Group AG | 50,40850,408 | $302,952 | — | ADD 105% |
| 36 | B. Riley Wealth Advisors, Inc. | 45,29245,292 | $267,225 | — | ADD 2% |
| 37 | OneDigital Investment Advisors LLC | 38,33238,332 | $230,375 | — | — |
| 38 | SeaCrest Wealth Management, LLC | 36,19336,193 | $217,520 | — | TRIM -4% |
| 39 | TRUIST FINANCIAL CORP | 35,55535,555 | $213,685 | — | — |
| 40 | STIFEL FINANCIAL CORP | 33,57433,574 | $201,780 | — | — |
| 41 | Capital Investment Advisors, LLC | 30,71830,718 | $184,617 | — | — |
| 42 | UHLMANN PRICE SECURITIES, LLC | 29,14729,147 | $175,176 | — | ADD 2% |
| 43 | Capital Analysts, LLC | 27,20527,205 | $164,000 | — | TRIM -6% |
| 44 | NWAM LLC | 26,00526,005 | $156,290 | — | ADD 42% |
| 45 | Gridiron Partners, LLC | 25,51625,516 | $153,351 | — | TRIM -30% |
| 46 | NOMURA HOLDINGS INC | 25,00025,000 | $150,250 | — | NEW |
| 47 | Cambridge Investment Research Advisors, Inc. | 23,15123,151 | $139,000 | — | — |
| 48 | Rathbones Group PLC | 23,00023,000 | $138,230 | — | — |
| 49 | XTX Topco Ltd | 21,78521,785 | $130,928 | — | NEW |
| 50 | JANE STREET GROUP, LLC | 21,76521,765 | $130,808 | — | TRIM -64% |
| 51 | ENVESTNET ASSET MANAGEMENT INC | 21,35921,359 | $128,365 | — | — |
| 52 | Integrated Wealth Concepts LLC | 18,17018,170 | $109,203 | — | TRIM -16% |
| 53 | Breakwater Capital Group | 17,00017,000 | $102,170 | — | — |
| 54 | Farther Finance Advisors, LLC | 16,15016,150 | $98,515 | — | — |
| 55 | Pacific Wealth Strategies Group, Inc. | 16,00016,000 | $96,160 | — | NEW |
| 56 | Csenge Advisory Group | 15,35015,350 | $92,254 | — | ADD 34% |
| 57 | Apollon Wealth Management, LLC | 14,18414,184 | $85,246 | — | — |
| 58 | New Harbor Financial Group, LLC | 14,02714,027 | $84,302 | — | — |
| 59 | Atlantic Union Bankshares Corp | 14,00014,000 | $84,140 | — | — |
| 60 | Waterfront Wealth Inc. | 13,83813,838 | $83,166 | — | TRIM -13% |
| 61 | Everstar Asset Management, LLC | 12,50012,500 | $75,125 | — | — |
| 62 | Intellectus Partners, LLC | 12,10712,107 | $72,760 | — | NEW |
| 63 | CHOREO, LLC | 11,01511,015 | $66,200 | — | TRIM -31% |
| 64 | Merit Financial Group, LLC | 10,54710,547 | $63,387 | — | TRIM -14% |
| 65 | ROYAL BANK OF CANADA | 10,25910,259 | $62,000 | — | TRIM -20% |
| 66 | Noble Wealth Management PBC | 7,2557,255 | $43,603 | — | ADD 142% |
| 67 | NewEdge Advisors, LLC | 38,10038,100 | $38,100 | — | TRIM -54% |
| 68 | CoreCap Advisors, LLC | 5,8955,895 | $35,429 | — | TRIM -43% |
| 69 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 5,8605,860 | $35,219 | — | TRIM -14% |
| 70 | FIFTH THIRD BANCORP | 5,3865,386 | $32,371 | — | NEW |
| 71 | Advisory Services Network, LLC | 3,5333,533 | $21,233 | — | NEW |
| 72 | Pinnacle Wealth Planning Services, Inc. | 2,7792,779 | $16,702 | — | TRIM -37% |
| 73 | Clearstead Advisors, LLC | 2,0892,089 | $12,555 | — | — |
| 74 | Rockefeller Capital Management L.P. | 1,4761,476 | $8,871 | — | TRIM -96% |
| 75 | CWM, LLC | 1,4691,469 | $8,829 | — | — |
| 76 | TD Capital Management LLC | 1,4061,406 | $8,452 | — | ADD 2% |
| 77 | WPG Advisers, LLC | 1,1891,189 | $7,146 | — | TRIM -24% |
| 78 | HARBOUR INVESTMENTS, INC. | 950950 | $5,710 | — | — |
| 79 | Measured Wealth Private Client Group, LLC | 750750 | $4,508 | — | — |
| 80 | Tower Research Capital LLC (TRC) | 670670 | $4,027 | — | NEW |
| 81 | BlackRock, Inc. | 493493 | $2,963 | — | NEW |
| 82 | HIGHLINE WEALTH PARTNERS LLC | 430430 | $2,584 | — | TRIM -14% |
| 83 | WHITTIER TRUST CO OF NEVADA INC | 332332 | $1,999 | — | NEW |
| 84 | Sunrise Financial Services, LLC | 246246 | $1,478 | — | NEW |
| 85 | Root Financial Partners, LLC | 218218 | $1,310 | — | NEW |
| 86 | Physician Wealth Advisors, Inc. | 200200 | $1,202 | — | — |
| 87 | Byrne Asset Management LLC | 200200 | $1,202 | — | — |
| 88 | Allworth Financial LP | 184184 | $1,107 | — | ADD 2% |
| 89 | CX Institutional | 110110 | $1,000 | — | TRIM -64% |
| 90 | ASSETMARK, INC | 141141 | $847 | — | — |
| 91 | Hara Capital LLC | 100100 | $601 | — | — |
| 92 | DEUTSCHE BANK AG\ | 7979 | $475 | — | NEW |
| 93 | Triumph Capital Management | 2222 | $132 | — | — |
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 |
|---|---|---|---|---|---|---|---|
| MORGAN STANLEY | 2.4M | 2.4M | 2.4M | 2.7M | 2.9M | 2.8M | $17M |
| EVERGREEN CAPITAL MANAGEMENT LLC | 3.6M | 3.7M | 3.4M | 3.1M | 3.1M | 2.2M | $13M |
| Pathstone Holdings, LLC | 528K | 597K | 320K | 297K | 1.0M | 1.4M | $8M |
| Invesco Ltd. | 867K | 863K | 879K | 835K | 857K | 801K | $5M |
| LPL Financial LLC | 447K | 479K | 503K | 514K | 558K | 574K | $3M |
| Rareview Capital LLC | 431K | 424K | 384K | 459K | 503K | 552K | $3M |
| HighTower Advisors, LLC | 562K | 544K | 511K | 510K | 508K | 510K | $3M |
| OSAIC HOLDINGS, INC. | 222K | 225K | 242K | 245K | 246K | 383K | $2M |
| Pekin Hardy Strauss, Inc. | 13K | 13K | 251K | 397K | 413K | 381K | $2M |
| Advisors Asset Management, Inc. | 392K | 439K | 434K | 433K | 434K | 336K | $2M |
| FLAGSHIP HARBOR ADVISORS, LLC | 226K | 221K | 238K | 252K | 260K | 261K | $2M |
| Uncommon Cents Investing LLC | 55K | 74K | 154K | 189K | 205K | 250K | $2M |
| Mutual Advisors, LLC | 368K | 337K | 332K | 315K | 265K | 244K | $1M |
| Cetera Investment Advisers | 155K | 170K | 181K | 205K | 236K | 244K | $1M |
| RAYMOND JAMES FINANCIAL INC | 97K | 113K | 122K | 212K | 223K | 228K | $1M |
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 | |
|---|---|---|---|
| Pathstone Holdings, LLC | +359,187 | $2M | ADD |
| Janney Montgomery Scott LLC | +187,133 | $1M | ADD |
| OSAIC HOLDINGS, INC. | +137,555 | $826,706 | ADD |
| Mason & Associates Inc | +83,986 | $504,756 | OPEN |
| WOLVERINE ASSET MANAGEMENT LLC | +54,636 | $328,362 | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| EVERGREEN CAPITAL MANAGEMENT LLC | −878,722 | $5M | TRIM |
| MORGAN STANLEY | −107,974 | $648,924 | TRIM |
| Advisors Asset Management, Inc. | −97,745 | $587,447 | TRIM |
| Invesco Ltd. | −56,147 | $337,443 | TRIM |
| NewEdge Advisors, LLC | −44,600 | $268,046 | TRIM |
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 | 93 | 14,410,244 | — | $87M |
| 2025-Q4 | 92 | 14,915,637 | — | $96M |
| 2025-Q3 | 93 | 26,929,884 | — | $88M |
| 2025-Q2 | 87 | 14,565,545 | — | $89M |
| 2025-Q1 | 84 | 14,451,298 | — | $78M |
| 2024-Q4 | 91 | 14,266,443 | — | $74M |
| 2024-Q3 | 85 | 13,247,709 | — | $77M |
| 2024-Q2 | 82 | 13,808,390 | — | $74M |
| 2024-Q1 | 77 | 18,230,903 | — | $99M |
| 2023-Q4 | 81 | 15,494,282 | — | $79M |
| 2023-Q3 | 77 | 13,065,815 | — | $60M |
| 2023-Q2 | 72 | 13,566,179 | — | $70M |
| 2023-Q1 | 77 | 13,573,203 | — | $69M |
| 2022-Q4 | 82 | 13,664,269 | — | $75M |
| 2022-Q3 | 79 | 12,224,146 | — | $54M |
| 2022-Q2 | 79 | 12,554,005 | — | $68M |
| 2022-Q1 | 76 | 12,104,264 | — | $83M |
| 2021-Q4 | 71 | 11,563,253 | — | $84M |
| 2021-Q3 | 71 | 11,932,800 | — | $92M |
| 2021-Q2 | 83 | 12,898,353 | — | $103M |
| 2021-Q1 | 81 | 15,359,779 | — | $113M |
| 2020-Q4 | 80 | 14,211,806 | — | $113M |
| 2020-Q3 | 76 | 13,019,647 | — | $97M |
| 2020-Q2 | 80 | 13,200,332 | — | $104M |
| 2020-Q1 | 81 | 12,691,084 | — | $95M |
| 2019-Q4 | 87 | 13,433,059 | — | $123M |
| 2019-Q3 | 88 | 13,395,503 | — | $122M |
| 2019-Q2 | 82 | 13,425,043 | — | $137M |
| 2019-Q1 | 89 | 13,519,146 | — | $138M |
| 2018-Q4 | 97 | 13,891,992 | — | $134M |
| 2018-Q3 | 89 | 13,829,369 | — | $139M |
| 2018-Q2 | 82 | 15,201,157 | — | $157M |
| 2018-Q1 | 87 | 15,059,284 | — | $170M |
| 2017-Q4 | 99 | 14,933,075 | — | $167M |
| 2017-Q3 | 84 | 13,602,479 | — | $157M |
| 2017-Q2 | 88 | 11,446,688 | — | $128M |
| 2017-Q1 | 87 | 10,791,036 | — | $121M |
| 2016-Q4 | 83 | 9,938,488 | — | $108M |
| 2016-Q3 | 75 | 8,469,546 | — | $93M |
| 2016-Q2 | 80 | 9,161,936 | — | $96M |
| 2016-Q1 | 81 | 9,173,737 | — | $94M |
| 2015-Q4 | 81 | 9,316,447 | — | $101M |
| 2015-Q3 | 71 | 7,629,064 | — | $74M |
| 2015-Q2 | 77 | 8,329,972 | — | $89M |
| 2015-Q1 | 79 | 7,827,873 | — | $84M |
| 2014-Q4 | 76 | 7,212,932 | — | $82M |
| 2014-Q3 | 76 | 5,343,497 | — | $68M |
| 2014-Q2 | 73 | 4,905,235 | — | $68M |
| 2014-Q1 | 69 | 5,088,096 | — | $71M |
| 2013-Q4 | 76 | 5,091,666 | — | $69M |
| 2013-Q3 | 66 | 5,461,757 | — | $78M |
| 2013-Q2 | 66 | 5,437,594 | — | $81M |
| 2013-Q1 | 3 | 497,793 | — | $8M |
