% of shares outstanding is not shown for ZALT: 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 ZALT 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 |
|---|---|---|---|---|---|---|---|
| OLD MISSION CAPITAL LLC | — | — | — | — | — | 4.4M | $142M |
| Wealthquest Corp | 3.3M | 3.8M | 3.3M | 2.8M | 3.1M | 3.1M | $101M |
| OSAIC HOLDINGS, INC. | 814K | 1.5M | 1.5M | 1.5M | 1.5M | 1.3M | $42M |
| HOLLENCREST CAPITAL MANAGEMENT | — | 2K | — | 1.2M | 1.2M | 1.2M | $40M |
| Grant Street Asset Management, Inc. | — | — | 739K | 773K | 829K | 773K | $25M |
| CAPTRUST FINANCIAL ADVISORS | 435K | 831K | 739K | 897K | 864K | 763K | $25M |
| RAYMOND JAMES FINANCIAL INC | 368K | 415K | 655K | 676K | 656K | 704K | $23M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 20K | 30K | 19K | 9K | 14K | 438K | $14M |
| CENTRAL VALLEY ADVISORS, LLC | 395K | 419K | 425K | 426K | 431K | 437K | $14M |
| CRA Financial Services, LLC | 218K | 250K | 314K | 380K | 396K | 416K | $13M |
| Pitti Group Wealth Management, LLC | 310K | 432K | 660K | 667K | 364K | 373K | $12M |
| COMMONWEALTH EQUITY SERVICES, LLC | 201K | 242K | 302K | 329K | 368K | 370K | $12M |
| CENTAURUS FINANCIAL, INC. | 255K | 289K | 325K | 345K | 336K | 343K | $11M |
| D.B. Root & Company, LLC | 164K | 181K | 180K | 283K | 320K | 321K | $10M |
| Cetera Investment Advisers | 64K | 101K | 113K | 197K | 300K | 303K | $10M |
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 | 102 | 19,847,350 | — | $627M |
| 2025-Q4 | 92 | 15,239,976 | — | $496M |
| 2025-Q3 | 81 | 14,068,324 | — | $448M |
| 2025-Q2 | 81 | 12,717,925 | — | $392M |
| 2025-Q1 | 67 | 11,726,297 | — | $349M |
| 2024-Q4 | 46 | 8,191,164 | — | $244M |
| 2024-Q3 | 35 | 5,710,785 | — | $167M |
| 2024-Q2 | 32 | 3,040,610 | — |
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 | |
|---|---|---|---|
| OLD MISSION CAPITAL LLC | +4,382,473 | $142M | OPEN |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | +424,181 | $14M | ADD |
| Beacon Pointe Advisors, LLC | +157,131 | $5M | OPEN |
| JANE STREET GROUP, LLC | +50,069 | $2M | OPEN |
| RAYMOND JAMES FINANCIAL INC | +47,193 | $2M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| PTM WEALTH MANAGEMENT, LLC | −276,559 | $9M | CLOSE |
| OSAIC HOLDINGS, INC. | −156,964 | $5M | TRIM |
| Pallas Capital Advisors LLC | −103,817 | $3M | TRIM |
| CAPTRUST FINANCIAL ADVISORS | −100,672 | $3M | TRIM |
| Schulz Wealth, LTD. | −66,782 | $2M | 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).
| $86M |
| 2024-Q1 | 23 | 2,550,655 | — | $70M |
| 2023-Q4 | 10 | 1,392,094 | — | $37M |
