% of shares outstanding is not shown for XMHQ: 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 XMHQ 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 |
|---|---|---|---|---|---|---|---|
| LPL Financial LLC | 5.3M | 5.2M | 4.9M | 5.0M | 4.6M | 4.4M | $459M |
| MORGAN STANLEY | 2.2M | 2.0M | 2.0M | 2.2M | 2.4M | 2.4M | $250M |
| Cetera Investment Advisers | 594K | 732K | 767K | 1.2M | 1.3M | 1.4M | $145M |
| VANTAGEPOINT INVESTMENT ADVISERS LLC | — | — | — | 1.5M | 1.4M | 1.3M | $132M |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 2.0M | 1.8M | 1.5M | 1.3M | 1.2M | 1.2M | $124M |
| AMERIPRISE FINANCIAL INC | 1.9M | 1.4M | 1.5M | 1.2M | 1.2M | 1.2M | $121M |
| JONES FINANCIAL COMPANIES LLLP | 387K | 531K | 604K | 707K | 812K | 977K | $98M |
| COMMONWEALTH EQUITY SERVICES, LLC | 1.2M | 1.3M | 1.0M | 967K | 959K | 945K | $98M |
| RAYMOND JAMES FINANCIAL INC | 941K | 1.0M | 1.0M | 980K | 966K | 895K | $93M |
| WELLS FARGO & COMPANY/MN | 260K | 400K | 562K | 520K | 563K | 717K | $74M |
| BANK OF AMERICA CORP /DE/ | 567K | 632K | 566K | 651K | 643K | 657K | $68M |
| TruWealth Advisors, LLC | 200K | 291K | 304K | 309K | 328K | 492K | $51M |
| Focus Partners Wealth | 864K | 428K | 431K | 456K | 452K | 441K | $46M |
| OSAIC HOLDINGS, INC. | 841K | 594K | 491K | 509K | 427K | 372K | $38M |
| STRAIGHTLINE GROUP LLC | — | 362K | 323K | 344K | 354K | 364K | $38M |
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 | |
|---|---|---|---|
| LeClair Wealth Partners LLC | +194,843 | $20M | OPEN |
| Independent Advisor Alliance | +168,382 | $17M | ADD |
| JONES FINANCIAL COMPANIES LLLP | +164,477 | $17M | ADD |
| TruWealth Advisors, LLC | +163,753 | $17M | ADD |
| WELLS FARGO & COMPANY/MN | +154,239 | $16M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| STIFEL FINANCIAL CORP | −282,268 | $29M | TRIM |
| LPL Financial LLC | −180,799 | $19M | TRIM |
| Foundations Investment Advisors, LLC | −161,020 | $17M | TRIM |
| NewEdge Advisors, LLC | −125,115 | $13M | TRIM |
| Family Investment Center, Inc. | −123,047 | $13M | 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 | 420 | 32,254,525 | — | $3.3B |
| 2025-Q4 | 420 | 32,737,501 | — | $3.4B |
| 2025-Q3 | 395 | 31,911,109 | — | $3.3B |
| 2025-Q2 | 393 | 32,471,742 | — | $3.2B |
| 2025-Q1 | 401 | 39,342,952 | — | $3.6B |
| 2024-Q4 | 401 | 43,343,301 | — | $4.3B |
| 2024-Q3 | 345 | 38,140,199 | — | $3.9B |
| 2024-Q2 | 311 | 33,704,139 | — | $3.3B |
| 2024-Q1 | 283 | 31,807,598 | — | $3.5B |
| 2023-Q4 | 211 | 21,254,101 | — | $1.9B |
| 2023-Q3 | 156 | 11,684,508 | — | $941M |
| 2023-Q2 | 124 | 8,452,352 | — | $682M |
| 2023-Q1 | 86 | 4,364,772 | — | $319M |
| 2022-Q4 | 85 | 3,069,111 | — | $211M |
| 2022-Q3 | 77 | 2,722,171 | — | $170M |
| 2022-Q2 | 78 | 2,744,762 | — | $174M |
| 2022-Q1 | 75 | 2,948,003 | — | $223M |
| 2021-Q4 | 70 | 2,444,958 | — | $196M |
| 2021-Q3 | 62 | 2,080,048 | — | $158M |
| 2021-Q2 | 60 | 2,110,582 | — | $163M |
| 2021-Q1 | 55 | 1,667,332 | — | $126M |
| 2020-Q4 | 36 | 990,023 | — | $67M |
| 2020-Q3 | 29 | 697,003 | — | $38M |
| 2020-Q2 | 18 | 469,720 | — | $25M |
| 2020-Q1 | 21 | 187,049 | — | $8M |
| 2019-Q4 | 22 | 176,101 | — | $9M |
| 2019-Q3 | 22 | 157,570 | — | $8M |
| 2019-Q2 | 19 | 153,575 | — | $8M |
| 2019-Q1 | 20 | 124,436 | — | $6M |
| 2018-Q4 | 23 | 151,055 | — | $6M |
| 2018-Q3 | 19 | 127,402 | — | $7M |
| 2018-Q2 | 20 | 409,182 | — | $12M |
