BAR · Holdings ETF

$40.57 -0.18 (-0.45%)

Volume · Oct 20 96.33K Avg daily vol (3M) 221.75K

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Institutional holdings are being reconciled with SEC filings. Holder totals and changes may be incomplete until reconciliation finishes.

Quarter:

Holders: 32

Total Value: $30,618,747

Total Shares: 748,442

Institutional Ownership Trend

27 quarters

Holder Concentration

Across 32 13F filers · Δ vs Jun 30, 2026

Top Holder

32.4%

+15.1 pts

Top 5

67.8%

+28.8 pts

Top 10

81.8%

+27.3 pts

HHI

1,516

Moderately concentrated+999

Who Holds BAR

Last 8 quarters through Sep 30, 2026 (filing window open)

Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.

Jun 30, 2026, the newest closed quarter: 171 filers, like-for-like change +5.4%; actively managed books +5.7%; index-like books +1.3%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	43.1%	117	-9.0%	10	13
Adviser	0.1%	2	+7.1%	0	0
Bank	27.1%	11	-1.2%	0	0
Broker-dealer	4.9%	1	+5.7%	0	0
Non-US	0.0%	1	+26.8%	0	1
Holding company	2.4%	3	-2.3%	0	1
Unknown	22.4%	36	+72.3%	9	4

Style	Share	Filers	Change	New	Exited
Index-like	5.4%	4	+1.3%	0	1
Systematic-like	0.1%	1	-81.0%	0	1
Concentrated	12.1%	39	+24.1%	6	4
Diversified active	82.4%	127	+3.8%	13	12
Unknown	0.0%	0	-100.0%	0	1
Not measured	0.0%	0	—	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	75.9%	116	-0.3%	11	9
Medium turnover	13.0%	37	-14.5%	4	5
High turnover	1.9%	7	+18.6%	3	3
Unknown	9.1%	11	+544.1%	1	2
Not measured	0.0%	0	—	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	10.3%	12	+480.6%	3	3
Medium horizon	11.1%	36	-11.4%	6	5
Long horizon	77.0%	119	+0.4%	10	8
Unknown	1.7%	4	-51.2%	0	3
Not measured	0.0%	0	—	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	17.7%	59	-4.0%	3	8
$1B to $10B	16.2%	57	-12.1%	11	5
$10B to $100B	18.8%	34	+5.9%	2	3
$100B or more	47.3%	21	+17.3%	3	3
Not measured	0.0%	0	—	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	34.4%	99	-1.4%	8	11
Pooled investment vehicles	0.1%	1	-88.1%	0	2
Registered funds and BDCs	1.1%	2	-69.6%	0	0
Pension and profit sharing plans	1.1%	3	+5.5%	1	0
Banks and thrifts	2.0%	1	+20.7%	0	0
Corporations	0.1%	1	0.0%	0	0
Other investment advisers	3.5%	5	-29.7%	1	0
Other	0.9%	1	+34.4%	0	0
Diversified	0.1%	4	+1.3%	0	0
Unknown	56.9%	54	+19.5%	9	6

Private funds	Share	Filers	Change	New	Exited
Hedge funds	0.9%	5	+6.9%	0	2
Private equity funds	1.2%	6	+20.6%	1	0
Liquidity funds	2.0%	1	+20.7%	0	0
Securitized asset funds	0.0%	1	-42.2%	0	0
Other private funds	4.8%	6	-3.3%	0	0
No private funds	32.7%	96	-16.2%	8	11
Real estate funds	1.6%	2	+3676.8%	1	0
Mixed private funds	0.0%	0	—	0	0
Unknown	56.9%	54	+19.5%	9	6

Location	Share	Filers	Change	New	Exited
United States	93.6%	165	+6.3%	19	18
Outside the US	6.4%	6	-6.4%	0	1

The Sep 30, 2026 filing window is still open, so its bar shows only the filers that have filed so far.

How the mix is measured

Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.

Excluded 3 holders with no observed 2026-03-31 13F and 8 holders with no observed 2026-06-30 13F. Compared across CIK changes: JANUS HENDERSON GROUP PLC continues as Jupiter Topco LLC.

Conviction and Crowding

171 13F filers, quarter ended Jun 30, 2026

Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.

Conviction holders

5.26% of filers hold it in their top 10

Mar 31, 2026: 12

Holders above 5%

median weight 0.014%

Mar 31, 2026: 3

Crowding

5.13%

of shares outstanding, 17th percentile

Mar 31, 2026: 4.00%

Private-fund advisers

4.35%

of shares outstanding

Institutional ownership

41.6%

of shares outstanding

Top 10 holders

54.6%

of 13F shares, Herfindahl 0.052

Active holders

+5.7%

like-for-like share change of active filers

5% stakes on record

0 13D, 0 13G

How long holders have held it value-weighted 17.2 quarters

Under 1 year 14.9% 1 to 3 years 17.2% 3 years or more 67.9% Since coverage start 0.000%

Managers in the top fifth by current three-year FundScore alpha were net buyers of $0 (0 buying, 0 selling).

Estimated Holder Cost Basis

Quarter ended Jun 30, 2026, on that quarter's share basis

Estimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.

Estimated avg cost

$34.51

estimated per share

Mar 31, 2026: $30.63

Quarter-end price

$39.53

implied by 13F values

Estimated gain or loss

+14.5%

price against the estimated cost

Estimated at a loss

37.3%

of costed 13F value

Estimated cost covers 44.2% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.

Fund Ownership of BAR by Fund Type

Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026

Index funds and index ETFs hold 0.00% of shares outstanding.

Fund type	Of shares outstanding	Change	Shares	Funds
Index funds	0.00%	0.00 pp	0	0
Index ETFs	0.00%	0.00 pp	0	0
Active ETFs	1.13%	-0.36 pp	373,296	4
Active funds	1.21%	+1.21 pp	400,974	1
Unclassified	0.00%	0.00 pp	0	0
All registered funds	2.34%	+0.85 pp	774,270	5

How fund types are measured

Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.

Quarterly Activity

vs Jun 30, 2026

New

Increased

Decreased

Sold Out

Unchanged

New and Sold Out count only filers that reported a 13F for both quarters: a first-time filer's book is not a buy, and a fund that has not filed, or withheld its positions under confidential treatment, has not sold.

Holder count: -140

Institutional value: -94.6%

Shares held: -94.8%

Top Buyers

vs Jun 30, 2026

Institution	Added	Now Holds
Micro ETF Store, Inc.	+5,270	124,196
Mid ARMSTRONG ADVISORY GROUP, INC	+2,568	20,360
Small Castle Rock Wealth Management, LLC	+2,553	9,532
Small Comprehensive Financial Consultants Institutional, Inc.	+2,260	10,947
Small Cherry Creek Investment Advisors, Inc.	+1,775	67,694

Top Sellers

vs Jun 30, 2026

Institution	Sold	Now Holds
Large Farther Finance Advisors, LLC	−16,145	3,436
Small Columbus Macro, LLC	−7,576	242,424
Mid Atria Investments, Inc	−4,472	17,125
Small HBW ADVISORY SERVICES LLC	−1,321	5,831
Small Tactive Advisors, LLC	−510	15,642

Top New Positions

vs Jun 30, 2026

Institution	Acquired	Value (USD)
Mid Focus Financial Network, Inc.	22,854	$934,957
Mid INDEPENDENT FINANCIAL GROUP, LLC	5,432	$222,223
Small Fairvoy Private Wealth, LLC	4,952	$202,586
Small GK Wealth Management LLC	515	$21,068

Top Sold-Out Positions

vs Jun 30, 2026

Institution	Previously Held	Last Value (USD)
Small ALM First Financial Advisors, LLC	281,590	$11,131,252
Small FSA Investment Group, LLC	124,487	$4,920,971
Large Concurrent Investment Advisors, LLC	8,019	$316,990
Small LifeSteps Financial, Inc.	1,320	$52,179

Filter: New 4 Increased 7 Reduced 10 Sold out 4 Unchanged 11

Holder type: Registered adviser 23 Adviser 1 Unknown 8

Showing 32 of 32

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Columbus Macro, LLC

$9,917,565

32.39%

242,424

ETF Store, Inc.

$5,080,858

16.59%

124,196

Cherry Creek Investment Advisors, Inc.

$2,769,361

9.04%

67,694

INSPIRION WEALTH ADVISORS, LLC

$1,679,150

5.48%

41,045

AMERICAN FINANCIAL & TAX STRATEGIES INC

$1,305,151

4.26%

31,903

LexAurum Advisors, LLC

$1,173,012

3.83%

28,673

Focus Financial Network, Inc.

$934,957

3.05%

22,854

ARMSTRONG ADVISORY GROUP, INC

$832,927

2.72%

20,360

Atria Investments, Inc

$700,583

2.29%

17,125

Tactive Advisors, LLC

$639,914

2.09%

15,642

CLG LLC

$490,920

1.60%

12,000

Beacon Financial Advisory LLC

$465,555

1.52%

11,380

Redhawk Wealth Advisors, Inc.

$451,278

1.47%

11,031

Comprehensive Financial Consultants Institutional, Inc.

$447,841

1.46%

10,947

Castle Rock Wealth Management, LLC

$389,954

1.27%

9,532

JOURNEY RETIREMENT PLANNING & INVESTMENT MANAGEMENT LLC

$370,439

1.21%

9,055

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC

$362,708

1.18%

8,866

Blue Trust, Inc.

$317,829

1.04%

7,769

Frank, Rimerman Advisors LLC

$250,410

0.82%

6,121

B. Riley Wealth Advisors, Inc.

$244,600

0.80%

5,979

HBW ADVISORY SERVICES LLC

$238,546

0.78%

5,831

RS CRUM INC.

$234,823

0.77%

5,740

IFP Advisors, Inc

$229,505

0.75%

5,610

SAPIENT CAPITAL LLC

$228,645

0.75%

5,589

INDEPENDENT FINANCIAL GROUP, LLC

$222,223

0.73%

5,432

PFG Advisors

$210,236

0.69%

5,139

Fairvoy Private Wealth, LLC

$202,586

0.66%

4,952

Farther Finance Advisors, LLC

$140,566

0.46%

3,436

CoreCap Advisors, LLC

$51,792

0.17%

1,266

GK Wealth Management LLC

$21,068

0.07%

515

GAMMA Investing LLC

$9,041

0.03%

221

TRUST CO OF TOLEDO NA /OH/

$4,704

0.02%

115

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Concurrent Asset Management, LLC	3,550	$140,331	44.3%	Sole
Held directly	4,469	$176,659	55.7%	Sole