BTAL
name pending profile ingest
Momentum inputs (comparable managers):
holder breadth -12.0% ·
share flow -1.2% ·
net new positions -13.6%
· 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 | 23 | +3 | 5.42M | $60.39M | +7 | −5 |
| Q1 2026 | 21 | -1 | 7.08M | $98.82M | +3 | −4 |
| Q4 2025 | 22 | -3 | 5.01M | $72.03M | n/a | −3 |
| Q3 2025 | 5 | 0 | 2.04M | $32.45M | +1 | −1 |
| Q2 2025 | 2 | 0 | 2.03M | $35.94M | n/a | n/a |
| Q1 2025 | 1 | -1 | 57.73K | $1.20M | n/a | −1 |
| Q4 2024 | 2 | 0 | 29.78K | $550,279 | n/a | n/a |
| Q3 2024 | 2 | +2 | 65.23K | $1.28M | +2 | n/a |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Fidelity (FMR) ✦ | 1.94M | 0.0% | $27.98M | 0.0% | Held | 3 | SEC ↗ |
| 2 | Focus Partners Wealth | 1.27M | n/a | $18.27M | 0.0% | n/c | 1 | SEC ↗ |
| 3 | Cibc World Market Inc. | 787.80K | n/a | $11.34M | 0.0% | n/c | 1 | SEC ↗ |
| 4 | Jane Street Group, Llc | 229.06K | n/a | $3.30M | 0.0% | n/c | 1 | SEC ↗ |
| 5 | Hrt Financial Lp | 182.25K | n/a | $2.62M | 0.0% | n/c | 1 | SEC ↗ |
| 6 | Captrust Financial Advisors | 162.32K | n/a | $2.34M | 0.0% | n/c | 1 | SEC ↗ |
| 7 | LPL Financial LLC | 120.58K | n/a | $1.74M | 0.0% | n/c | 1 | SEC ↗ |
| 8 | Envestnet Asset Management Inc | 72.97K | n/a | $1.05M | 0.0% | n/c | 1 | SEC ↗ |
| 9 | Susquehanna International Group, Llp | 65.11K | n/a | $936,904 | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 10 | Osaic Holdings, Inc. | 35.21K | n/a | $506,716 | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 11 | Morgan Stanley ✦ | 34.89K | +1.1% | $502,045 | 0.0% | ▲ Add | 2 | SEC ↗ ×2 |
| 12 | Tidal Investments LLC | 22.01K | n/a | $316,681 | 0.0% | n/c | 1 | SEC ↗ |
| 13 | Bank of New York Mellon Corp | 17.09K | n/a | $245,915 | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 14 | HighTower Advisors, LLC | 16.46K | n/a | $236,831 | 0.0% | n/c | 1 | SEC ↗ |
| 15 | Cetera Investment Advisers | 14.62K | n/a | $210,324 | 0.0% | n/c | 1 | SEC ↗ |
| 16 | Mml Investors Services, Llc | 12.78K | n/a | $183,945 | 0.0% | n/c | 1 | SEC ↗ |
| 17 | Royal Bank Of Canada | 7.15K | n/a | $103,000 | 0.0% | n/c | 1 | SEC ↗ ×3 |
| 18 | National Bank Of Canada /Fi/ | 5.74K | n/a | $82,369 | 0.0% | n/c | 1 | SEC ↗ |
| 19 | TD Waterhouse Canada Inc. | 2.42K | n/a | $34,698 | 0.0% | n/c | 1 | SEC ↗ |
| 20 | Simplex Trading, Llc | 1.80K | n/a | $25,873 | 0.0% | n/c | 1 | SEC ↗ |
| 21 | UBS Group AG | 1.16K | n/a | $16,692 | 0.0% | n/c | 1 | SEC ↗ |
| 22 | Pnc Financial Services Group, Inc. | 240 | n/a | $3,454 | 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
| Citadel Advisors | $538,430 | was 0.0% |
| Goldman Sachs Group | $380,201 | was 0.0% |
| JPMorgan Chase | $25,122 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 87 holders, 19.38M shares, $267.57M 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.