SRFM
name pending profile ingest
Momentum inputs (comparable managers):
holder breadth +30.0% ·
share flow -19.2% ·
net new positions +20.0%
· formula
Ownership fragmentation: more holders, smaller aggregate stake
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 26 | +1 | 16.59M | $19.24M | +4 | −3 |
| Q1 2026 | 25 | -1 | 6.36M | $7.32M | +5 | −6 |
| Q4 2025 | 26 | -1 | 5.94M | $11.52M | +1 | −2 |
| Q3 2025 | 10 | 0 | 3.86M | $16.55M | +2 | −2 |
| Q2 2025 | 7 | +2 | 1.00M | $3.70M | +3 | −1 |
| Q1 2025 | 3 | 0 | 529.62K | $1.41M | n/a | n/a |
| Q4 2024 | 3 | +1 | 193.84K | $1.04M | +1 | n/a |
| Q3 2024 | 1 | -1 | 89.00K | $119,279 | n/a | −1 |
| Q2 2024 | 2 | n/a | 638.54K | $245,513 | n/a | n/a |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | The Vanguard Group ✦ (passive) | 566.08K | n/a | $2.09M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 2 | BlackRock ✦ (passive) | 143.24K | n/a | $528,541 | 0.0% | n/c | 1 | SEC ↗ ×3 |
| 3 | Geode Capital Management ✦ (passive) | 127.60K | +14.6% | $470,928 | 0.0% | ▲ Add | 5 | SEC ↗ ×2 |
| 4 | Citadel Advisors ✦ | 91.30K | New | $336,882 | 0.0% | New | 1 | SEC ↗ |
| 5 | State Street Global Advisors ✦ (passive) | 46.98K | +51.2% | $173,356 | 0.0% | ▲ Add | 3 | SEC ↗ |
| 6 | Millennium Management ✦ | 13.75K | New | $50,741 | 0.0% | New | 1 | SEC ↗ |
| 7 | Two Sigma Investments ✦ | 12.53K | New | $46,247 | 0.0% | New | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value: the conviction measure. ✦ = curated manager.
New buyers
| Citadel Advisors | $336,882 | 0.0% |
| Millennium Management | $50,741 | 0.0% |
| Two Sigma Investments | $46,247 | 0.0% |
Exited
| Marshall Wace | $1.03M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 62 holders, 12.06M shares, $13.90M 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.