ASA
name pending profile ingest
Momentum inputs (comparable managers):
holder breadth -6.2% ·
share flow -12.0% ·
net new positions -6.7%
— formula
Broad distribution — falling shares and fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q4 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 21 | +1 | 1.93M | $100.54M | +3 | −2 |
| Q1 2026 | 20 | +5 | 2.08M | $129.10M | +7 | −2 |
| Q4 2025 | 15 | -1 | 2.20M | $131.06M | — | −1 |
| Q3 2025 | 3 | +1 | 1.58M | $72.25M | +1 | — |
| Q1 2025 | 1 | 0 | 6.42K | $193,619 | — | — |
| Q4 2024 | 1 | +1 | 2.23K | $45,192 | +1 | — |
| Q2 2024 | 1 | — | 8.59K | $150,581 | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Morgan Stanley ✦ | 1.27M | -19.1% | $75.61M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 2 | Morgan Stanley ✦ | 1.27M | -19.1% | $75.61M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 3 | Morgan Stanley ✦ | 1.27M | -19.1% | $75.61M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 4 | Raymond James Financial Inc | 464.22K | — | $27.70M | 0.0% | n/c | 1 | SEC ↗ |
| 5 | Raymond James Financial Inc | 464.22K | — | $27.70M | 0.0% | n/c | 1 | SEC ↗ |
| 6 | Cetera Investment Advisers | 182.51K | — | $10.89M | 0.0% | n/c | 1 | SEC ↗ |
| 7 | Capstone Investment Advisors, Llc | 149.50K | — | $8.92M | 0.1% | n/c | 1 | SEC ↗ |
| 8 | Royal Bank Of Canada | 36.70K | — | $2.19M | 0.0% | n/c | 1 | SEC ↗ |
| 9 | Royal Bank Of Canada | 36.70K | — | $2.19M | 0.0% | n/c | 1 | SEC ↗ |
| 10 | LPL Financial LLC | 33.41K | — | $1.99M | 0.0% | n/c | 1 | SEC ↗ |
| 11 | Osaic Holdings, Inc. | 18.64K | — | $1.11M | 0.0% | n/c | 1 | SEC ↗ |
| 12 | Osaic Holdings, Inc. | 18.64K | — | $1.11M | 0.0% | n/c | 1 | SEC ↗ |
| 13 | UBS Group AG | 13.34K | — | $795,819 | 0.0% | n/c | 1 | SEC ↗ |
| 14 | UBS Group AG | 13.34K | — | $795,819 | 0.0% | n/c | 1 | SEC ↗ |
| 15 | UBS Group AG | 13.34K | — | $795,819 | 0.0% | n/c | 1 | SEC ↗ |
| 16 | Citadel Advisors ✦ | 11.18K | +91.4% | $667,111 | 0.0% | ▲ Add | 2 | SEC ↗ |
| 17 | Wealth Enhancement Advisory… | 8.29K | — | $511,197 | 0.0% | n/c | 1 | SEC ↗ |
| 18 | Mml Investors Services, Llc | 3.93K | — | $234,324 | 0.0% | n/c | 1 | SEC ↗ |
| 19 | Stifel Financial Corp | 3.68K | — | $219,646 | 0.0% | n/c | 1 | SEC ↗ |
| 20 | Commonwealth Equity Services, Llc | 3.48K | — | $207,870 | 0.0% | n/c | 1 | SEC ↗ |
| 21 | Us Bancorp \De\ | 21 | — | $1,253 | 0.0% | n/c | 1 | SEC ↗ |
| 22 | Wells Fargo & Company/Mn | 0 | — | $14 | 0.0% | n/c | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| No new tracked buyers this quarter. |
Exited
| JPMorgan Chase | $293,028 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 75 holders, 11.80M shares, $724.41M reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.