% of shares outstanding is not shown for TZA: 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 TZA 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 | CITADEL ADVISORS LLC | 1,200,8341.2M | $8M | — | ADD 159% |
| 2 | JANE STREET GROUP, LLC | 739,994739,994 | $5M | — | ADD 153% |
| 3 | FLOW TRADERS U.S. LLC | 531,072531,072 | $4M | — | ADD 465% |
| 4 | UBS Group AG | 503,272503,272 | $4M | — | ADD 28675% |
| 5 | Jump Financial, LLC | 379,434379,434 | $3M | — | TRIM -68% |
| 6 | CHOREO, LLC | 324,419324,419 | $2M | — | ADD 316% |
| 7 | GROUP ONE TRADING LLC | 253,630253,630 | $2M | — | ADD 1516% |
| 8 | Squarepoint Ops LLC | 231,290231,290 | $2M | — | NEW |
| 9 | XTX Topco Ltd | 224,019224,019 | $2M | — | NEW |
| 10 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 188,598188,598 | $1M | — | TRIM -16% |
| 11 | TWO SIGMA SECURITIES, LLC | 157,444157,444 | $1M | — | TRIM -67% |
| 12 | HRT FINANCIAL LP | 143,450143,450 | $1M | — | NEW |
| 13 | JPMORGAN CHASE & CO | 126,125126,125 | $988,820 | — | ADD 306% |
| 14 | Bank of New York Mellon Corp | 100,002100,002 | $702,012 | — | NEW |
| 15 | GOLDMAN SACHS GROUP INC | 90,86690,866 | $637,879 | — | NEW |
| 16 | CITIGROUP INC | 83,28283,282 | $584,640 | — | ADD 1665540% |
| 17 | Headlands Technologies LLC | 61,18661,186 | $429,526 | — | NEW |
| 18 | DRW Securities, LLC | 48,61548,615 | $341,277 | — | TRIM -26% |
| 19 | StoneX Group Inc. | 47,62447,624 | $335,014 | — | NEW |
| 20 | SBI Securities Co., Ltd. | 34,13234,132 | $239,607 | — | ADD 28% |
| 21 | MORGAN STANLEY | 24,60324,603 | $172,717 | — | ADD 146% |
| 22 | Scientech Research LLC | 21,20921,209 | $148,887 | — | NEW |
| 23 | BOURGEON CAPITAL MANAGEMENT LLC | 20,00020,000 | $140,400 | — | NEW |
| 24 | IPG Investment Advisors LLC | 15,00015,000 | $105,300 | — | — |
| 25 | Tidal Investments LLC | 13,40013,400 | $94,068 | — | NEW |
| 26 | Federation des caisses Desjardins du Quebec | 10,00010,000 | $70,300 | — | — |
| 27 | Cerity Partners LLC | 10,00010,000 | $70,200 | — | NEW |
| 28 | HIGHLINE WEALTH PARTNERS LLC | 3,7003,700 | $25,974 | — | ADD 37% |
| 29 | MAI Capital Management | 3,3323,332 | $23,391 | — | TRIM -4% |
| 30 | Tower Research Capital LLC (TRC) | 3,3283,328 | $23,363 | — | TRIM -91% |
| 31 | BARCLAYS PLC | 800800 | $5,616 | — | NEW |
| 32 | City State Bank | 500500 | $3,510 | — | — |
| 33 | BANK OF MONTREAL /CAN/ | 322322 | $2,260 | — | — |
| 34 | Allworth Financial LP | 5858 | $411 | — | NEW |
| 35 | CoreCap Advisors, LLC | 5454 | $379 | — | — |
| 36 | SIGNATUREFD, LLC | 2525 | $176 | — | — |
| 37 | WELLS FARGO & COMPANY/MN | 22 | $12 | — | — |
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 |
|---|---|---|---|---|---|---|---|
| CITADEL ADVISORS LLC | 233K | — | — | 361K | 463K | 1.2M | $8M |
| JANE STREET GROUP, LLC | 376K | 809K | — | — | 292K | 740K | $5M |
| FLOW TRADERS U.S. LLC | — | 80K | 136K | — | 94K | 531K | $4M |
| UBS Group AG | 35K | 2K | 20K | 2K | 2K | 503K | $4M |
| Jump Financial, LLC | 73K | 84K | 195K | 25K | 1.2M | 379K | $3M |
| CHOREO, LLC | 74K | 299K | 393K | 78K | 78K | 324K | $2M |
| GROUP ONE TRADING LLC | 4K | 154K | 80K | 154K | 16K | 254K | $2M |
| Squarepoint Ops LLC | — | — | — | — | — | 231K | $2M |
| XTX Topco Ltd | 12K | 25K | 15K | 30K | — | 224K | $2M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 1.2M | 614K | 31K | 175K | 224K | 189K | $1M |
| TWO SIGMA SECURITIES, LLC | 55K | 315K | — | 400K | 479K | 157K | $1M |
| HRT FINANCIAL LP | 34K | — | 22K | — | — | 143K | $1M |
| JPMORGAN CHASE & CO | — | — | 8K | 40K | 31K | 126K | $988,820 |
| Bank of New York Mellon Corp | — | — | — | 100K | — | 100K | $702,012 |
| GOLDMAN SACHS GROUP INC | — | — | — | — | — | 91K | $637,879 |
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 | |
|---|---|---|---|
| CITADEL ADVISORS LLC | +737,769 | $5M | ADD |
| UBS Group AG | +501,523 | $4M | ADD |
| JANE STREET GROUP, LLC | +447,676 | $3M | ADD |
| FLOW TRADERS U.S. LLC | +437,099 | $3M | ADD |
| CHOREO, LLC | +246,413 | $2M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Jump Financial, LLC | −817,098 | $6M | TRIM |
| Virtu Financial LLC | −533,377 | $4M | CLOSE |
| TWO SIGMA SECURITIES, LLC | −321,599 | $2M | TRIM |
| Qube Research & Technologies Ltd | −204,330 | $1M | CLOSE |
| GTS SECURITIES LLC | −35,816 | $251,428 | 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 | 37 | 5,595,621 | — | $39M |
| 2025-Q4 | 33 | 3,859,274 | — | $29M |
| 2025-Q3 | 40 | 1,964,334 | — | $17M |
| 2025-Q2 | 38 | 2,095,843 | — | $25M |
| 2025-Q1 | 35 | 2,913,080 | — | $50M |
| 2024-Q4 | 34 | 4,060,451 | — | $53M |
| 2024-Q3 | 39 | 4,023,083 | — | $54M |
| 2024-Q2 | 38 | 1,675,694 | — | $31M |
| 2024-Q1 | 41 | 5,490,891 | — | $92M |
| 2023-Q4 | 35 | 1,976,919 | — | $39M |
| 2023-Q3 | 42 | 1,759,243 | — | $55M |
| 2023-Q2 | 47 | 2,106,410 | — | $55M |
| 2023-Q1 | 37 | 1,358,271 | — | $42M |
| 2022-Q4 | 27 | 1,014,566 | — | $36M |
| 2022-Q3 | 37 | 1,890,797 | — | $87M |
| 2022-Q2 | 33 | 1,555,007 | — | $72M |
| 2022-Q1 | 36 | 1,214,043 | — | $37M |
| 2021-Q4 | 31 | 2,427,295 | — | $66M |
| 2021-Q3 | 31 | 1,841,018 | — | $57M |
| 2021-Q2 | 29 | 717,442 | — | $21M |
| 2021-Q1 | 23 | 876,087 | — | $30M |
