UNL
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Momentum inputs (comparable managers):
holder breadth -18.2% ·
share flow -26.5% ·
net new positions -20.0%
· formula
Broad distribution: falling shares and fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q1 2026
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 7 | -2 | 174.35K | $1.11M | +2 | −4 |
| Q1 2026 | 9 | -2 | 137.47K | $948,499 | +3 | −5 |
| Q4 2025 | 11 | 0 | 186.94K | $1.38M | n/a | n/a |
| Q3 2025 | 2 | 0 | 28.03K | $218,377 | n/a | n/a |
| Q2 2025 | 1 | +1 | 26.37K | $229,738 | +1 | n/a |
| Q4 2024 | 1 | 0 | 14.82K | $121,104 | n/a | n/a |
| Q3 2024 | 1 | 0 | 6.33K | $49,920 | n/a | n/a |
| Q2 2024 | 1 | n/a | 9 | $74 | n/a | n/a |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Boston Partners | 76.38K | New | $527,020 | 0.0% | New | 1 | SEC ↗ |
| 2 | Jane Street Group, Llc | 21.25K | New | $146,660 | 0.0% | New | 1 | SEC ↗ ×2 |
| 3 | Belvedere Trading LLC | 15.07K | -60.0% | $103,990 | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 4 | Hrt Financial Lp | 12.18K | New | $84,000 | 0.0% | New | 1 | SEC ↗ |
| 5 | Barclays Plc | 6.36K | 0.0% | $43,884 | 0.0% | Held | 2 | SEC ↗ |
| 6 | Group One Trading Llc | 4.87K | -40.6% | $33,582 | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 7 | Pnc Financial Services Group, Inc. | 720 | 0.0% | $4,968 | 0.0% | Held | 2 | SEC ↗ |
| 8 | Osaic Holdings, Inc. | 635 | -41.8% | $4,381 | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 9 | Morgan Stanley ✦ | 2 | 0.0% | $14 | 0.0% | Held | 3 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value: the conviction measure. ✦ = curated manager.
New buyers
| Boston Partners | $527,020 | 0.0% |
| Jane Street Group, Llc | $146,660 | 0.0% |
| Hrt Financial Lp | $84,000 | 0.0% |
Exited
| Susquehanna International… | $803,461 | was 0.0% |
| Citadel Advisors | $117,888 | was 0.0% |
| Simplex Trading, Llc | $53,623 | was 0.0% |
| UBS Group AG | $5,439 | was 0.0% |
| Cwm, Llc | $1,000 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 13 holders, 153.82K shares, $871,216 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.