USMF
name pending profile ingest
Momentum inputs (comparable managers):
holder breadth -4.8% ·
share flow -1.9% ·
net new positions -5.0%
— 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 | +1 | 2.11M | $114.39M | +2 | −1 |
| Q1 2026 | 23 | +3 | 2.92M | $143.93M | +3 | — |
| Q4 2025 | 20 | -1 | 3.40M | $175.12M | — | −1 |
| Q3 2025 | 5 | +1 | 168.90K | $8.83M | +1 | — |
| Q2 2025 | 2 | 0 | 23.24K | $1.19M | — | — |
| Q1 2025 | 1 | 0 | 4.83K | $239,813 | — | — |
| Q4 2024 | 1 | +1 | 23.59K | $1.17M | +1 | — |
| Q2 2024 | 1 | — | 9.51K | $432,230 | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | HighTower Advisors, LLC | 1.35M | — | $69.29M | 0.1% | n/c | 1 | SEC ↗ |
| 2 | Lido Advisors, LLC | 763.59K | — | $39.91M | 0.2% | n/c | 1 | SEC ↗ |
| 3 | Raymond James Financial Inc | 318.80K | — | $16.34M | 0.0% | n/c | 1 | SEC ↗ |
| 4 | Raymond James Financial Inc | 318.80K | — | $16.34M | 0.0% | n/c | 1 | SEC ↗ |
| 5 | LPL Financial LLC | 265.38K | — | $13.60M | 0.0% | n/c | 1 | SEC ↗ |
| 6 | Wells Fargo & Company/Mn | 207.98K | — | $10.66M | 0.0% | n/c | 1 | SEC ↗ |
| 7 | Wells Fargo & Company/Mn | 207.98K | — | $10.66M | 0.0% | n/c | 1 | SEC ↗ |
| 8 | Cetera Investment Advisers | 107.64K | — | $5.52M | 0.0% | n/c | 1 | SEC ↗ |
| 9 | Northwestern Mutual Wealth… | 89.98K | — | $4.61M | 0.0% | n/c | 1 | SEC ↗ |
| 10 | Mariner, LLC | 72.30K | — | $3.71M | 0.0% | n/c | 1 | SEC ↗ |
| 11 | Morgan Stanley ✦ | 38.54K | -53.2% | $1.98M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 12 | Morgan Stanley ✦ | 38.54K | -53.2% | $1.98M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 13 | Two Sigma Investments ✦ | 35.90K | +20.5% | $1.84M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 14 | Cwm, Llc | 31.15K | — | $1.60M | 0.0% | n/c | 1 | SEC ↗ |
| 15 | Osaic Holdings, Inc. | 29.75K | — | $1.53M | 0.0% | n/c | 1 | SEC ↗ |
| 16 | Osaic Holdings, Inc. | 29.75K | — | $1.53M | 0.0% | n/c | 1 | SEC ↗ |
| 17 | JPMorgan Chase ✦ | 27.02K | -35.2% | $1.39M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 18 | JPMorgan Chase ✦ | 27.02K | -35.2% | $1.39M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 19 | JPMorgan Chase ✦ | 27.02K | -35.2% | $1.39M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 20 | Susquehanna International Group, Llp | 18.23K | — | $934,367 | 0.0% | n/c | 1 | SEC ↗ |
| 21 | Commonwealth Equity Services, Llc | 15.64K | — | $801,860 | 0.0% | n/c | 1 | SEC ↗ |
| 22 | Envestnet Asset Management Inc | 11.94K | — | $612,112 | 0.0% | n/c | 1 | SEC ↗ |
| 23 | Wealth Enhancement Advisory… | 9.25K | — | $478,792 | 0.0% | n/c | 1 | SEC ↗ |
| 24 | Jane Street Group, Llc | 4.88K | — | $249,892 | 0.0% | n/c | 1 | SEC ↗ |
| 25 | Royal Bank Of Canada | 1.08K | — | $55,000 | 0.0% | n/c | 1 | SEC ↗ |
| 26 | Royal Bank Of Canada | 1.08K | — | $55,000 | 0.0% | n/c | 1 | SEC ↗ |
| 27 | Fidelity (FMR) ✦ | 443 | +254.4% | $22,708 | 0.0% | ▲ Add | 3 | SEC ↗ |
| 28 | Fidelity (FMR) ✦ | 443 | +254.4% | $22,708 | 0.0% | ▲ Add | 3 | 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 | $782,221 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 74 holders, 5.49M shares, $266.78M 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.