% of shares outstanding is not shown for XBJL: 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 XBJL 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 | 386K | 349K | 331K | 256K | 255K | 247K | $9M |
| Welch Financial Planning, LLC | — | — | — | — | 175K | 177K | $7M |
| Millington Financial Advisors, LLC | 23K | 42K | 55K | 61K | 62K | 123K | $5M |
| HighTower Advisors, LLC | 118K | 118K | 118K | 132K | 132K | 126K | $5M |
| OSAIC HOLDINGS, INC. | 93K | 104K | 94K | 105K | 103K | 88K | $3M |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | 75K | 75K | 75K | 87K | 86K | 83K | $3M |
| Weaver Consulting Group | 74K | 73K | 71K | 70K | 70K | 69K | $3M |
| Brookwood Investment Group LLC | — | 38K | 43K | 44K | 44K | 45K | $2M |
| Chicago Partners Investment Group LLC | 61K | 61K | 61K | 60K | 40K | 40K | $2M |
| Brookstone Capital Management | — | — | — | 29K | 39K | 41K | $2M |
| GWN SECURITIES INC. | 17K | 29K | 32K | 30K | 37K | 37K | $1M |
| Kestra Advisory Services, LLC | 33K | 33K | 33K | 35K | 34K | 36K | $1M |
| Snowden Capital Advisors LLC | 35K | 35K | 33K | 36K | 36K | 33K | $1M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 41K | 11K | — | 14K | 49K | 32K | $1M |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 83K | 73K | 56K | 56K | 56K | 25K | $971,437 |
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 |
|---|
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 | |
|---|---|---|---|
| Millington Financial Advisors, LLC | +60,505 | $2M | ADD |
| JPMORGAN CHASE & CO | +2,901 | $110,288 | OPEN |
| Brookstone Capital Management | +1,999 | $75,996 | ADD |
| Welch Financial Planning, LLC | +1,955 | $74,323 | — |
| Kestra Advisory Services, LLC | +1,740 | $66,150 | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Gradient Investments LLC | −1,068,650 | $41M | TRIM |
| Mattson Financial Services, LLC | −120,638 | $5M | CLOSE |
| Brown Financial Advisors | −113,115 | $4M | CLOSE |
| Orion Porfolio Solutions, LLC | −41,960 | $2M | CLOSE |
| Encompass More Asset Management | −34,151 | $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).
| 2026-Q1 | 42 | 1,414,467 | — | $54M |
| 2025-Q4 | 51 | 2,942,177 | — | $113M |
| 2025-Q3 | 51 | 3,039,310 | — | $114M |
| 2025-Q2 | 45 | 2,655,870 | — | $96M |
| 2025-Q1 | 48 | 3,732,183 | — | $126M |
| 2024-Q4 | 42 | 5,047,548 | — | $172M |
| 2024-Q3 | 39 | 3,899,496 | — | $131M |
| 2024-Q2 | 30 | 1,243,948 | — | $40M |
| 2024-Q1 | 31 | 1,377,983 | — | $44M |
| 2023-Q4 | 35 | 1,663,854 | — | $51M |
| 2023-Q3 | 31 | 1,699,802 | — | $48M |
| 2023-Q2 | 20 | 766,983 | — | $22M |
| 2023-Q1 | 18 | 593,202 | — | $16M |
| 2022-Q4 | 20 | 627,911 | — | $16M |
| 2022-Q3 | 16 | 709,149 | — | $17M |
| 2022-Q2 | 9 | 187,555 | — | $5M |
| 2022-Q1 | 11 | 142,429 | — | $4M |
| 2021-Q4 | 11 | 164,448 | — | $4M |
| 2021-Q3 | 7 | 102,673 | — | $3M |
