SWZ · Total Return Securities Fund

$6.00 +0.00 (+0.00%) At close · Aug 28

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.

Quarter:

Holders: 41

Total Value: $32,023,438

Total Shares: 5,391,155

Institutional Ownership Trend

26 quarters

Superinvestors Holding SWZ

All superinvestors →

Tom Russo $580,141 Mario Gabelli $190,650

Holder Concentration

Across 41 13F filers · Δ vs Mar 31, 2026

Top Holder

19.3%

−1.3 pts

Top 5

62.5%

+2.2 pts

Top 10

81.5%

+0.6 pts

HHI

993

Broadly held+34

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: -1

Institutional value: +9.0%

Shares held: +8.8%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Small Matisse Capital	+201,731	609,000
Small Logan Stone Capital, LLC	+170,346	198,157
Small BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC	+80,336	168,610
Small Shaker Financial Services, LLC	+70,775	393,170
Small Almitas Capital LLC	+69,127	115,581

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Mid RIVERNORTH CAPITAL MANAGEMENT, LLC	−320,830	10,189
Small ICON ADVISERS INC/CO	−54,074	446,220
Mega UBS Group AG	−35,700	11,595
Small Noble Wealth Management PBC	−26,497	42,882
Small Alpine Global Management, LLC	−22,415	58,859

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Mega BANK OF AMERICA CORP /DE/	867,363	$5,152,136
Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP	37,029	$219,952
Small Cutler Capital Management, LLC	35,921	$213,370
Large HRT FINANCIAL LP	35,262	$209,456
Mega LPL Financial LLC	24,599	$146,118

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Large Allspring Global Investments Holdings, LLC	650,702	$3,858,662
Micro North Ground Capital	47,591	$282,214
Small NIXON PEABODY TRUST CO	42,024	$249,202
Large Kestra Advisory Services, LLC	18,819	$111,596
Mega RAYMOND JAMES FINANCIAL INC	16,590	$98,378

Filter: New 6 Increased 12 Reduced 9 Sold out 7 Unchanged 14

Showing 41 of 41

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

CSS LLC/IL

$6,178,728

19.29%

1,040,190

BANK OF AMERICA CORP /DE/

$5,152,136

16.09%

867,363

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

Manager	Shares	Value (USD)	% of position	Discretion
MERRILL LYNCH, PIERCE, FENNER & SMITH INC.	867,363	$5,152,136	100.0%	Defined

Matisse Capital

$3,617,460

11.30%

609,000

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

Manager	Shares	Value (USD)	% of position	Discretion
Manager 1	220,000	$1,306,800	36.1%	Other
Held directly	389,000	$2,310,660	63.9%	Sole

ICON ADVISERS INC/CO

$2,650,546

8.28%

446,220

Saba Capital Management, L.P.

$2,400,235

7.50%

404,080

Shaker Financial Services, LLC

$2,335,429

7.29%

393,170

Logan Stone Capital, LLC

$1,177,052

3.68%

198,157

BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC

$1,001,543

3.13%

168,610

EVOLVE PRIVATE WEALTH, LLC

$826,800

2.58%

139,192

Yakira Capital Management, Inc.

$745,808

2.33%

125,557

Almitas Capital LLC

$686,551

2.14%

115,581

LANDSCAPE CAPITAL MANAGEMENT, L.L.C.

$581,210

1.81%

97,847

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

Manager	Shares	Value (USD)	% of position	Discretion
Landscape High Leverage Fund, LP	18,166	$107,906	18.6%	Defined
LANDSCAPE OFFSHORE HL FUND LTD.	50,663	$300,938	51.8%	Defined
Held directly	29,018	$172,366	29.7%	Sole

GARDNER RUSSO & QUINN LLC

$580,141

1.81%

97,667

Uncommon Cents Investing LLC

$505,113

1.58%

85,036

Alpine Global Management, LLC

$349,622

1.09%

58,859

COMMONWEALTH EQUITY SERVICES, LLC

$333,061

1.04%

56,071

MORGAN STANLEY

$276,209

0.86%

46,500

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

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY CAPITAL SERVICES, LLC	701	$4,163	1.5%	Defined
MORGAN STANLEY SMITH BARNEY LLC	45,799	$272,046	98.5%	Defined

Noble Wealth Management PBC

$254,719

0.80%

42,882

Bulldog Investors, LLP

$239,583

0.75%

40,334

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$219,952

0.69%

37,029

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

Manager	Shares	Value (USD)	% of position	Discretion
G1 EXECUTION SERVICES, LLC	37,029	$219,952	100.0%	Other

Cutler Capital Management, LLC

$213,370

0.67%

35,921

HRT FINANCIAL LP

$209,456

0.65%

35,262

OSAIC HOLDINGS, INC.

$207,965

0.65%

35,011

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

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	31,511	$187,175	90.0%	Defined
Osaic Advisory Services, LLC	3,500	$20,790	10.0%	Defined

GAMCO INVESTORS, INC. ET AL

$190,650

0.60%

32,096

XTX Topco Ltd

$147,614

0.46%

24,851

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

Manager	Shares	Value (USD)	% of position	Discretion
XTX EXECUTION SERVICES LLC joint	24,851	$147,614	100.0%	Defined

LPL Financial LLC

$146,118

0.46%

24,599

WELLS FARGO & COMPANY/MN

$104,572

0.33%

17,605

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

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO BANK N A	2,360	$14,018	13.4%	Defined
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	13,526	$80,344	76.8%	Defined
WELLS FARGO CLEARING SERVICES, LLC	1,719	$10,210	9.8%	Defined

Capital Investment Counsel, Inc

$88,868

0.28%

14,961

Belpointe Asset Management LLC

$85,880

0.27%

14,458

MCCARTER PRIVATE WEALTH SERVICES LLC

$85,880

0.27%

14,458

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

Manager	Shares	Value (USD)	% of position	Discretion
Timber Point Capital	14,458	$85,880	100.0%	Other

Fortis Capital Advisors, LLC

$85,880

0.27%

14,458

UBS Group AG

$68,874

0.22%

11,595

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

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	11,595	$68,874	100.0%	Defined

PRIVATE MANAGEMENT GROUP INC

$62,637

0.20%

10,545

TrueMark Investments, LLC

$60,522

0.19%

10,189

RIVERNORTH CAPITAL MANAGEMENT, LLC

$60,522

0.19%

10,189

Integris Wealth Management, LLC

$59,714

0.19%

10,053

WINMILL & CO. INC

$13,365

0.04%

2,250

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

Manager	Shares	Value (USD)	% of position	Discretion
Bexil Advisers LLC	2,250	$13,365	100.0%	Defined

JPMORGAN CHASE & CO

$10,234

0.03%

1,723

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

Manager	Shares	Value (USD)	% of position	Discretion
JPMorgan Chase Bank, N.A.	1,723	$10,234	100.0%	Defined

North Star Investment Management Corp.

$5,648

0.02%

951

Allied Private Wealth LLC

$3,676

0.01%

619

PNC FINANCIAL SERVICES GROUP, INC.

$95

0.00%

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

Manager	Shares	Value (USD)	% of position	Discretion
PNC Bank, National Association	16	$95	100.0%	Defined

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

Manager	Shares	Value (USD)	% of position	Discretion
Allspring Global Investments, LLC	650,702	$3,858,662	100.0%	Defined

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

Manager	Shares	Value (USD)	% of position	Discretion
Raymond James Financial Services Advisors, Inc.	16,590	$98,378	100.0%	Defined

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

Manager	Shares	Value (USD)	% of position	Discretion
ANCORA PRIVATE WEALTH ADVISORS, LLC	1,068	$6,333	100.0%	Sole

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

Manager	Shares	Value (USD)	% of position	Discretion
RBC Dominion Securities Inc.	249	$1,476	100.0%	Defined

Key facts CIK 813623 CUSIP 870875101 13F (30d) 30 filings 29 filers Visit website Investor relations