OUNZ · Holdings ETF
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.
Institutional Ownership Trend
Holder Concentration
Across 52 13F filers · Δ vs Jun 30, 2026Who Holds OUNZ
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: 269 filers, like-for-like change +8.3%; actively managed books +3.8%; index-like books +43.1%.
| Holder type | Share | Filers | Change |
|---|---|---|---|
| Registered adviser | 69.6% | 182 | +11.8% |
| Adviser | 2.4% | 3 | +2.0% |
| Bank | 0.2% | 8 | +17.0% |
| Broker-dealer | 9.0% | 2 | -2.3% |
| Holding company | 1.8% | 5 | +39.9% |
| Non-US | 0.0% | 0 | -100.0% |
| Unknown | 17.0% | 69 | -0.5% |
| Style | Share | Filers | Change |
|---|---|---|---|
| Index-like | 15.7% | 3 | +43.1% |
| Systematic-like | 0.0% | 1 | -91.1% |
| Concentrated | 25.3% | 76 | +2.6% |
| Diversified active | 58.9% | 189 | +4.6% |
| Unknown | 0.0% | 0 | -100.0% |
| Not measured | 0.0% | 0 | — |
| Turnover | Share | Filers | Change |
|---|---|---|---|
| Low turnover | 63.0% | 173 | +5.7% |
| Medium turnover | 28.4% | 60 | +21.6% |
| High turnover | 0.7% | 6 | -55.2% |
| Unknown | 7.9% | 30 | +1.2% |
| Not measured | 0.0% | 0 | — |
| Holding horizon | Share | Filers | Change |
|---|---|---|---|
| Short horizon | 9.1% | 28 | -9.4% |
| Medium horizon | 15.3% | 57 | +10.9% |
| Long horizon | 74.0% | 174 | +9.7% |
| Unknown | 1.6% | 10 | +47.8% |
| Not measured | 0.0% | 0 | — |
| 13F book size | Share | Filers | Change |
|---|---|---|---|
| Under $1B | 33.9% | 118 | +2.9% |
| $1B to $10B | 16.9% | 87 | +11.3% |
| $10B to $100B | 14.2% | 43 | +1.8% |
| $100B or more | 35.1% | 21 | +15.6% |
| Not measured | 0.0% | 0 | — |
| Client base | Share | Filers | Change |
|---|---|---|---|
| Individuals and high net worth | 50.6% | 163 | +6.1% |
| Pooled investment vehicles | 0.0% | 1 | -77.5% |
| Registered funds and BDCs | 16.8% | 3 | +38.6% |
| Pension and profit sharing plans | 0.6% | 6 | -2.1% |
| Charitable organizations | 0.0% | 1 | -2.4% |
| Other investment advisers | 0.6% | 3 | +7.1% |
| Diversified | 1.1% | 5 | +6.1% |
| Other | 0.0% | 0 | -100.0% |
| Insurance companies | 0.0% | 0 | — |
| Corporations | 0.0% | 0 | — |
| Unknown | 30.4% | 87 | +0.9% |
| Private funds | Share | Filers | Change |
|---|---|---|---|
| Hedge funds | 0.9% | 15 | -12.0% |
| Private equity funds | 0.5% | 6 | -24.6% |
| Real estate funds | 0.4% | 4 | +77.9% |
| Securitized asset funds | 10.0% | 1 | +2.5% |
| Other private funds | 1.8% | 13 | -5.0% |
| Mixed private funds | 0.8% | 1 | +7.8% |
| Private funds, type not stated | 15.5% | 1 | +43.3% |
| No private funds | 39.6% | 141 | +6.9% |
| Unknown | 30.4% | 87 | +0.9% |
| Location | Share | Filers | Change |
|---|---|---|---|
| United States | 99.5% | 262 | +8.6% |
| Outside the US | 0.5% | 7 | -34.1% |
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 2 holders with no observed 2026-03-31 13F and 5 holders with no observed 2026-06-30 13F.
Conviction and Crowding
269 13F filers, quarter ended Jun 30, 2026Measured 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.
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 basisEstimated, 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 cost covers 55.4% 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 OUNZ by Fund Type
Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026Index funds and index ETFs hold 0.00% of shares outstanding.
| Fund type | Of shares outstanding | Shares |
|---|---|---|
| Index funds | 0.00% | 0 |
| Index ETFs | 0.00% | 0 |
| Active ETFs | 7.58% | 5,093,480 |
| Active funds | 0.00% | 0 |
| Unclassified | 0.00% | 0 |
| All registered funds | 7.58% | 5,093,480 |
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
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.
Top Buyers
vs Jun 30, 2026| Institution | Added | Now Holds | Open |
|---|---|---|---|
| Small Ferguson Shapiro LLC | +20,830 | 99,661 | |
| Small Terra Nova Asset Management LLC | +19,495 | 75,190 | |
| Small FAGAN ASSOCIATES, INC. | +12,810 | 28,535 | |
| Large WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | +9,257 | 389,786 | |
| Small FIDUCIARY FINANCIAL GROUP, LLC | +8,245 | 14,945 |
Top Sellers
vs Jun 30, 2026| Institution | Sold | Now Holds | Open |
|---|---|---|---|
| Mid Atria Investments, Inc | −22,473 | 74,108 | |
| Small RDA Financial Network | −12,841 | 55,534 | |
| Small PW Nova Financial Services LLC | −4,958 | 15,579 | |
| Mid Euro Pacific Asset Management, LLC | −2,778 | 373,719 | |
| Small Veracity Capital LLC | −2,332 | 8,406 |
Top New Positions
vs Jun 30, 2026| Institution | Acquired | Value (USD) | Open |
|---|---|---|---|
| Small GILPIN WEALTH MANAGEMENT, LLC | 16,769 | $669,083 | |
| Micro Virginia Estate & Retirement Planning Advisors Inc. | 2,873 | $114,632 | |
| Small Private Wealth Management Group, LLC | 500 | $19,950 | |
| Small Meriwether Wealth & Planning, LLC | 340 | $13,566 | |
| Mid CX Institutional | 300 | $11,970 |
Top Sold-Out Positions
vs Jun 30, 2026| Institution | Previously Held | Last Value (USD) | Open |
|---|---|---|---|
| Small Financial & Tax Architects, LLC | 34,200 | $1,319,778 | |
| Mid Diversified Enterprises, LLC | 5,597 | $215,988 | |
| Small GILL CAPITAL PARTNERS, LLC | 3,930 | $151,658 |
| Holder | Value (USD) | % of 13F | Shares | Type | Filed | Open |
|---|---|---|---|---|---|---|
| Large WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $15,552,461 | 18.98% | 389,786 | Shares | 2026-10-13 | |
| Mid Euro Pacific Asset Management, LLC Registered adviser | $14,911,388 | 18.19% | 373,719 | Shares | 2026-10-13 | |
| Large Farther Finance Advisors, LLC Registered adviser | $6,420,468 | 7.83% | 160,914 | Shares | 2026-10-08 | |
| Mid Forum Financial Management, LP Registered adviser | $6,388,907 | 7.80% | 160,123 | Shares | 2026-10-16 | |
| Small SHEETS SMITH WEALTH MANAGEMENT Registered adviser | $4,651,901 | 5.68% | 116,589 | Shares | 2026-10-16 | |
| Small Ferguson Shapiro LLC | $3,976,473 | 4.85% | 99,661 | Shares | 2026-10-16 | |
| Small Terra Nova Asset Management LLC Registered adviser | $3,000,081 | 3.66% | 75,190 | Shares | 2026-10-13 | |
| Mid Atria Investments, Inc Registered adviser | $2,956,909 | 3.61% | 74,108 | Shares | 2026-10-15 | |
| Small RDA Financial Network | $2,215,806 | 2.70% | 55,534 | Shares | 2026-10-15 | |
| Small Castleview Partners, LLC Registered adviser | $2,015,189 | 2.46% | 50,506 | Shares | 2026-10-09 | |
| Small HBW ADVISORY SERVICES LLC Registered adviser | $1,717,615 | 2.10% | 43,048 | Shares | 2026-10-15 | |
| Small CWC Advisors, LLC. Registered adviser | $1,477,457 | 1.80% | 37,029 | Shares | 2026-10-15 | |
| Small Sloy Dahl & Holst, LLC Registered adviser | $1,476,300 | 1.80% | 37,000 | Shares | 2026-10-14 | |
| Mid DiNuzzo Private Wealth, Inc. Registered adviser | $1,242,486 | 1.52% | 31,140 | Shares | 2026-10-16 | |
| Small FAGAN ASSOCIATES, INC. Registered adviser | $1,138,546 | 1.39% | 28,535 | Shares | 2026-10-13 | |
| Small CASCADE INVESTMENT GROUP, INC. Registered adviser | $1,085,679 | 1.32% | 27,210 | Shares | 2026-10-13 | |
| Large MATHER GROUP, LLC. Registered adviser | $885,141 | 1.08% | 22,184 | Shares | 2026-10-14 | |
| Small BankChampaign, National Association | $795,645 | 0.97% | 19,941 | Shares | 2026-10-19 | |
| Small Baker Ellis Asset Management LLC Registered adviser | $794,728 | 0.97% | 19,918 | Shares | 2026-10-14 | |
| Small Oliver Luxxe Assets LLC Registered adviser | $759,496 | 0.93% | 19,035 | Shares | 2026-10-14 | |
| Small GILPIN WEALTH MANAGEMENT, LLC Registered adviser | $669,083 | 0.82% | 16,769 | Shares | 2026-10-09 | |
| Mid First Heartland Consultants, Inc. Registered adviser | $658,749 | 0.80% | 16,510 | Shares | 2026-10-08 | |
| Small PW Nova Financial Services LLC Registered adviser | $621,602 | 0.76% | 15,579 | Shares | 2026-10-15 | |
| Small FIDUCIARY FINANCIAL GROUP, LLC | $596,305 | 0.73% | 14,945 | Shares | 2026-10-13 | |
| Mid PFG Advisors Registered adviser | $488,775 | 0.60% | 12,250 | Shares | 2026-10-16 | |
| Small Whitaker-Myers Wealth Managers, LTD. Registered adviser | $474,650 | 0.58% | 11,896 | Shares | 2026-10-09 | |
| Large DAVENPORT & Co LLC Registered adviser | $454,860 | 0.56% | 11,400 | Shares | 2026-10-14 | |
| Small Warwick Investment Management, Inc. Registered adviser | $380,526 | 0.46% | 9,537 | Shares | 2026-10-19 | |
| Mid TRAPHAGEN INVESTMENT ADVISORS LLC Registered adviser | $358,541 | 0.44% | 8,986 | Shares | 2026-10-14 | |
| Mid IFP Advisors, Inc Registered adviser | $347,209 | 0.42% | 8,702 | Shares | 2026-10-16 | |
| Small SBE LLC DBA CEDAR COVE WEALTH PARTNERS Registered adviser | $343,698 | 0.42% | 8,614 | Shares | 2026-10-15 | |
| Small Veracity Capital LLC Registered adviser | $335,399 | 0.41% | 8,406 | Shares | 2026-10-08 | |
| Small Regent Peak Wealth Advisors LLC Registered adviser | $333,643 | 0.41% | 8,362 | Shares | 2026-10-13 | |
| Small WOLFF WIESE MAGANA LLC Registered adviser | $328,616 | 0.40% | 8,236 | Shares | 2026-10-15 | |
| Mid Retirement Planning Group, LLC Registered adviser | $305,913 | 0.37% | 7,667 | Shares | 2026-10-19 | |
| Mid CWA Asset Management Group, LLC Registered adviser | $298,372 | 0.36% | 7,478 | Shares | 2026-10-19 | |
| Small M Wealth Management, LLC Registered adviser | $294,182 | 0.36% | 7,373 | Shares | 2026-10-14 | |
| Micro Shelter Rock Management, LLC Registered adviser | $282,811 | 0.35% | 7,088 | Shares | 2026-10-09 | |
| Small Lake Hills Wealth Management, LLC | $252,527 | 0.31% | 6,329 | Shares | 2026-10-07 | |
| Small RS CRUM INC. Registered adviser | $233,814 | 0.29% | 5,860 | Shares | 2026-10-19 | |
| Micro Virginia Estate & Retirement Planning Advisors Inc. | $114,632 | 0.14% | 2,873 | Shares | 2026-10-14 | |
| Small Ares Financial Consulting, LLC Registered adviser | $110,203 | 0.13% | 2,762 | Shares | 2026-10-19 | |
| Mid CoreCap Advisors, LLC Registered adviser | $74,732 | 0.09% | 1,873 | Shares | 2026-10-08 | |
| Mid ATWOOD & PALMER INC Registered adviser | $29,885 | 0.04% | 749 | Shares | 2026-10-08 | |
| Small Wealth Enhancement Trust Services, Inc. | $24,777 | 0.03% | 621 | Shares | 2026-10-07 | |
| Small Cape Investment Advisory, Inc. Registered adviser | $20,388 | 0.02% | 511 | Shares | 2026-10-13 | |
| Small Private Wealth Management Group, LLC Registered adviser | $19,950 | 0.02% | 500 | Shares | 2026-10-19 | |
| Small Meriwether Wealth & Planning, LLC | $13,566 | 0.02% | 340 | Shares | 2026-10-13 | |
| Mid CX Institutional Registered adviser | $11,970 | 0.01% | 300 | Shares | 2026-10-02 | |
| Small Noble Wealth Management PBC | $9,017 | 0.01% | 226 | Shares | 2026-10-01 | |
| Mid HARBOR INVESTMENT ADVISORY, LLC Registered adviser | $1,596 | 0.00% | 40 | Shares | 2026-10-13 | |
| Small Hickory Point Bank & Trust | $1,157 | 0.00% | 29 | Shares | 2026-10-01 |