Substantial doubt about the company's ability to continue as a going concern.
“As a result, management has determined that the current liquidity condition of the Company raises substantial doubt about the Company's ability to continue as a going concern. The accompanying financial statement does not include any adjustments that might result from the outcome of these uncertainties. As such, the accompanying financial statement has been prepared assuming the Company will continue as a going concern and does not include any adjustments that might result should the Company be required to liquidate.”
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 holdings are being reconciled with SEC filings. Holder totals and changes may be incomplete until reconciliation finishes.
Holders:51
Total Value:$225,146,685
Total Shares:22,673,383
Holder Concentration
Across 51 13F filers
Top Holder
8.8%
of institutional value
Top 5
31.8%
of institutional value
Top 10
50.5%
of institutional value
HHI
391
Broadly held
Who Holds QLEP
Last 1 quarters through Jun 30, 2026
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:
51 filers,
like-for-like change —.
Holder type
Share
Filers
Change
New
Exited
Registered adviser
74.8%
31
new
31
0
Exempt adviser
0.7%
1
new
1
0
Adviser
5.3%
2
new
2
0
Bank
0.5%
3
new
3
0
Insurer
2.2%
1
new
1
0
Non-US
2.1%
2
new
2
0
Unknown
14.5%
11
new
11
0
Style
Share
Filers
Change
New
Exited
Index-like
0.7%
1
new
1
0
Systematic-like
23.5%
8
new
8
0
Concentrated
14.6%
6
new
6
0
Diversified active
61.1%
36
new
36
0
Turnover
Share
Filers
Change
New
Exited
Low turnover
4.3%
3
new
3
0
Medium turnover
38.3%
19
new
19
0
High turnover
53.6%
26
new
26
0
Unknown
3.8%
3
new
3
0
Holding horizon
Share
Filers
Change
New
Exited
Short horizon
52.4%
25
new
25
0
Medium horizon
11.8%
3
new
3
0
Long horizon
12.9%
9
new
9
0
Unknown
22.9%
14
new
14
0
13F book size
Share
Filers
Change
New
Exited
Under $1B
17.3%
17
new
17
0
$1B to $10B
59.2%
19
new
19
0
$10B to $100B
12.5%
7
new
7
0
$100B or more
11.0%
8
new
8
0
Client base
Share
Filers
Change
New
Exited
Pooled investment vehicles
64.0%
26
new
26
0
Registered funds and BDCs
9.7%
4
new
4
0
Other investment advisers
1.1%
1
new
1
0
Unknown
25.2%
20
new
20
0
Private funds
Share
Filers
Change
New
Exited
Hedge funds
66.4%
28
new
28
0
Private equity funds
1.1%
1
new
1
0
Other private funds
3.3%
1
new
1
0
No private funds
4.6%
2
new
2
0
Unknown
24.6%
19
new
19
0
Location
Share
Filers
Change
New
Exited
United States
82.4%
42
new
42
0
Outside the US
17.6%
9
new
9
0
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.
Conviction and Crowding
51 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
1
1.96% of filers hold it in their top 10
Holders above 5%
0
median weight 0.170%
Crowding
—
the issuer has more than one class of common stock, so its count is the total across classes
Private-fund advisers
—
of shares outstanding
Institutional ownership
—
the issuer has more than one class of common stock, so its count is the total across classes
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
0.03%
+0.03 pp
9,592
1
Active funds
0.50%
+0.50 pp
148,750
2
Unclassified
0.00%
0.00 pp
0
0
All registered funds
0.53%
+0.53 pp
158,342
3
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.
