% of shares outstanding is not shown for ZAUG: 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 ZAUG 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 |
|---|---|---|---|---|---|---|---|
| HighTower Advisors, LLC | 382K | 360K | 360K | 352K | 349K | 332K | $9M |
| Archer Investment Corp | 392K | 377K | 370K | 392K | 314K | 259K | $7M |
| CANANDAIGUA NATIONAL CORP | — | — | — | — | — | 142K | $4M |
| TRUIST FINANCIAL CORP | — | — | — | 135K | 135K | 135K | $4M |
| AE Wealth Management LLC | 69K | 58K | 58K | 59K | 56K | 126K | $3M |
| COMMONWEALTH EQUITY SERVICES, LLC | 89K | 91K | 84K | 131K | 126K | 120K | $3M |
| Kestra Advisory Services, LLC | 85K | 84K | 91K | 109K | 108K | 104K | $3M |
| Cetera Investment Advisers | 22K | 20K | 18K | 72K | 65K | 65K | $2M |
| Strategic Blueprint, LLC | 61K | 61K | 61K | 70K | 65K | 60K | $2M |
| CENTAURUS FINANCIAL, INC. | 33K | 34K | 33K | 76K | 49K | 49K | $1M |
| AssuredPartners Investment Advisors, LLC | — | — | — | — | 48K | 48K | $1M |
| OSAIC HOLDINGS, INC. | 5K | 7K | 5K | 52K | 51K | 46K | $1M |
| OLD MISSION CAPITAL LLC | 24K | 10K | 40K | 29K | 13K | 42K | $1M |
| Brookstone Capital Management | 31K | 29K | 17K | 56K | 52K | 41K | $1M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 22K | 78K | 12K | 9K | — | 38K | $1M |
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 | 74 | 2,326,419 | — | $62M |
| 2025-Q4 | 71 | 2,743,954 | — | $73M |
| 2025-Q3 | 76 | 2,992,491 | — | $79M |
| 2025-Q2 | 44 | 1,654,165 | — | $43M |
| 2025-Q1 | 45 | 1,727,378 | — | $43M |
| 2024-Q4 | 48 | 1,764,501 | — | $44M |
| 2024-Q3 | 41 | 1,890,651 | — | $47M |
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 | |
|---|---|---|---|
| CANANDAIGUA NATIONAL CORP | +142,234 | $4M | OPEN |
| AE Wealth Management LLC | +69,442 | $2M | ADD |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | +38,094 | $1M | OPEN |
| OLD MISSION CAPITAL LLC | +28,824 | $767,497 | ADD |
| Concurrent Investment Advisors, LLC | +18,519 | $493,105 | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Legacy CG, LLC | −281,218 | $7M | CLOSE |
| CANANDAIGUA NATIONAL BANK & TRUST CO | −142,234 | $4M | CLOSE |
| Integrity Advisory Solutions, LLC | −56,946 | $2M | TRIM |
| Archer Investment Corp | −54,922 | $1M | TRIM |
| RAYMOND JAMES FINANCIAL INC | −40,140 | $1M | 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).
