% of shares outstanding is not shown for XBJA: 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 XBJA in the served universe — the cohort is size-matched, and an unmatched percentile would compare a micro-cap register to a mega-cap one.
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 |
|---|---|---|---|---|---|---|---|
| Cetera Investment Advisers | 465K | 397K | 360K | 347K | 349K | 347K | $11M |
| Sterling Financial Planning, Inc. | 230K | 250K | 262K | 267K | 275K | 285K | $9M |
| PERSONAL CFO SOLUTIONS, LLC | — | — | — | — | — | 270K | $8M |
| HighTower Advisors, LLC | 10K | 390K | 390K | 385K | 384K | 190K | $6M |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | 90K | 90K | 89K | 89K | 88K | 184K | $6M |
| OSAIC HOLDINGS, INC. | 108K | 125K | 148K | 153K | 123K | 108K | $3M |
| Steward Partners Investment Advisory, LLC | 168K | 147K | 122K | 117K | 105K | 107K | $3M |
| COMMONWEALTH EQUITY SERVICES, LLC | 34K | 47K | 49K | 27K | 24K | 57K | $2M |
| Snowden Capital Advisors LLC | 52K | 52K | 57K | 57K | 56K | 56K | $2M |
| Brookwood Investment Group LLC | — | 45K | 51K | 52K | 52K | 54K | $2M |
| Sunbelt Securities, Inc. | 58K | 52K | 58K | 46K | 42K | 42K | $1M |
| Kestra Advisory Services, LLC | 34K | 34K | 29K | 30K | 29K | 36K | $1M |
| GWN SECURITIES INC. | 13K | 23K | 24K | 24K | 31K | 31K | $967,052 |
| Noble Wealth Management PBC | — | — | — | 37K | 32K | 28K | $882,409 |
| First Commonwealth Financial Corp /PA/ | 29K | 29K | 28K | 28K | 28K | 28K | $865,455 |
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 | 45 | 2,127,721 | — | $67M |
| 2025-Q4 | 47 | 2,113,811 |
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 | |
|---|---|---|---|
| PERSONAL CFO SOLUTIONS, LLC | +269,799 | $8M | OPEN |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | +96,439 | $3M | ADD |
| COMMONWEALTH EQUITY SERVICES, LLC | +32,393 | $1M | ADD |
| JT Stratford LLC | +20,274 | $634,171 | ADD |
| LeClair Wealth Partners LLC | +18,246 | $570,735 | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| HighTower Advisors, LLC | −194,663 | $6M | TRIM |
| Millington Financial Advisors, LLC | −63,980 | $2M | TRIM |
| Orion Porfolio Solutions, LLC | −50,173 | $2M | CLOSE |
| Encompass More Asset Management | −40,483 | $1M | CLOSE |
| CWM, LLC | −34,761 | $1M | 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).
| — |
| $68M |
| 2025-Q3 | 45 | 2,164,399 | — | $68M |
| 2025-Q2 | 46 | 2,163,422 | — | $65M |
| 2025-Q1 | 44 | 4,222,101 | — | $119M |
| 2024-Q4 | 38 | 1,688,564 | — | $49M |
| 2024-Q3 | 32 | 2,030,649 | — | $58M |
| 2024-Q2 | 33 | 2,145,370 | — | $59M |
| 2024-Q1 | 34 | 2,196,163 | — | $59M |
| 2023-Q4 | 31 | 1,935,208 | — | $50M |
| 2023-Q3 | 30 | 1,832,771 | — | $45M |
| 2023-Q2 | 29 | 1,682,938 | — | $41M |
| 2023-Q1 | 26 | 1,077,257 | — | $25M |
| 2022-Q4 | 12 | 316,527 | — | $7M |
| 2022-Q3 | 12 | 281,619 | — | $6M |
| 2022-Q2 | 12 | 271,489 | — | $6M |
| 2022-Q1 | 9 | 306,199 | — | $7M |
