Institutional HoldersBeta
Who holds a company, from every 13F filed for the quarter, one row per filer exactly as filed, against the latest share count the company reported.
Held by 13F filers
36,196,979
76.8% of shares outstanding
Holders
173
-11 vs 2026-03-31 · 28 new, 39 exited
Value
$629.4M
shares +5.8% vs prior quarter
Share classes (cover page of the 10-Q filed 2026-08-10, as of 2026-08-06)
| Class | Listed | Shares outstanding | Held by 13F filers | % of class | Holders | CUSIP |
|---|---|---|---|---|---|---|
| Common stock | HNRG · NASDAQ | 47,143,357 | 36,196,979 | 76.8% | 173 | 40609P105 |
Each class is compared with its own share count; classes are not added together. A class that is not exchange-listed cannot be held by 13F filers.
Top holders (173 of 173 · 40609P105)
change vs 2026-03-31| # | Filer | Shares | % of class | Value | Change |
|---|---|---|---|---|---|
| 1 | Lubar & Co., Inc | 5,452,019 | 11.56% | $94.8M | — |
| 2 | BlackRock, Inc. | 2,851,856 | 6.05% | $49.6M | +457,110 (+19.1%) |
| 3 | Point72 Asset Management, L.P. | 2,121,228 | 4.50% | $36.9M | +219,974 (+11.6%) |
| 4 | AEGIS FINANCIAL CORP | 1,812,026 | 3.84% | $31.5M | -2,000 (-0.1%) |
| 5 | Orbis Allan Gray Ltd | 1,695,845 | 3.60% | $29.5M | -63,966 (-3.6%) |
| 6 | VANGUARD CAPITAL MANAGEMENT LLC | 1,531,550 | 3.25% | $26.6M | +45,721 (+3.1%) |
| 7 | AMERICAN CENTURY COMPANIES INC | 1,518,138 | 3.22% | $26.4M | +135,011 (+9.8%) |
| 8 | DIMENSIONAL FUND ADVISORS LP | 1,043,820 | 2.21% | $18.1M | +20,837 (+2.0%) |
| 9 | GEODE CAPITAL MANAGEMENT, LLC | 980,431 | 2.08% | $17.1M | -10,309 (-1.0%) |
| 10 | HIGHLAND PEAK CAPITAL, LLC | 947,219 | 2.01% | $16.5M | NEW |
| 11 | Dayah Capital LLC | 887,236 | 1.88% | $15.4M | +238,936 (+36.9%) |
| 12 | STATE STREET CORP | 780,330 | 1.66% | $13.6M | +71,032 (+10.0%) |
| 13 | DEUTSCHE BANK AG\ | 778,244 | 1.65% | $13.5M | +67,248 (+9.5%) |
| 14 | MORGAN STANLEY | 758,982 | 1.61% | $13.2M | +352,594 (+86.8%) |
| 15 | Tyro Capital Management LLC | 735,471 | 1.56% | $12.8M | NEW |
| 16 | GARNET EQUITY CAPITAL HOLDINGS, INC. | 633,895 | 1.34% | $11.0M | +201,421 (+46.6%) |
| 17 | FMR LLC | 616,268 | 1.31% | $10.7M | -27,850 (-4.3%) |
| 18 | VANGUARD PORTFOLIO MANAGEMENT LLC | 485,567 | 1.03% | $8.4M | -286,619 (-37.1%) |
| 19 | GOLDMAN SACHS GROUP INC | 478,277 | 1.01% | $8.3M | +124,508 (+35.2%) |
| 20 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 417,786 | 0.89% | $7.3M | +125,473 (+42.9%) |
| 21 | Bank of New York Mellon Corp | 404,653 | 0.86% | $7.0M | +6,020 (+1.5%) |
| 22 | D. E. Shaw & Co., Inc. | 383,587 | 0.81% | $6.7M | +235,502 (+159.0%) |
| 23 | TUDOR INVESTMENT CORP ET AL | 370,838 | 0.79% | $6.4M | NEW |
| 24 | CenterBook Partners LP | 340,622 | 0.72% | $5.9M | -82,338 (-19.5%) |
| 25 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 335,693 | 0.71% | $5.8M | -73,798 (-18.0%) |
| 26 | NORTHERN TRUST CORP | 331,961 | 0.70% | $5.8M | +26,036 (+8.5%) |
| 27 | Value Aligned Research Advisors, LLC | 320,759 | 0.68% | $5.6M | — |
| 28 | Nuveen, LLC | 285,931 | 0.61% | $5.0M | -351,229 (-55.1%) |
| 29 | VANGUARD FIDUCIARY TRUST CO | 266,907 | 0.57% | $4.6M | +9,646 (+3.7%) |
| 30 | Kestra Advisory Services, LLC | 265,127 | 0.56% | $4.6M | NEW |
| 31 | KNIGHTSBRIDGE ASSET MANAGEMENT, LLC | 263,676 | 0.56% | $4.6M | NEW |
| 32 | Hudson Bay Capital Management LP | 262,192 | 0.56% | $4.6M | -3,649 (-1.4%) |
| 33 | BOOTHBAY FUND MANAGEMENT, LLC | 244,220 | 0.52% | $4.2M | +211,008 (+635.3%) |
| 34 | UBS Group AG | 234,974 | 0.50% | $4.1M | +178,696 (+317.5%) |
| 35 | LMR Partners LLP | 226,937 | 0.48% | $3.9M | NEW |
| 36 | RENAISSANCE TECHNOLOGIES LLC | 219,855 | 0.47% | $3.8M | -88,400 (-28.7%) |
| 37 | Squarepoint Ops LLC | 215,999 | 0.46% | $3.8M | +131,390 (+155.3%) |
| 38 | Balyasny Asset Management L.P. | 202,042 | 0.43% | $3.5M | +140,565 (+228.6%) |
| 39 | Beartown Capital Management, LLC | 200,000 | 0.42% | $3.5M | NEW |
| 40 | Apis Capital Advisors, LLC | 200,000 | 0.42% | $3.5M | -639,000 (-76.2%) |
| 41 | Sourcerock Group LLC | 183,394 | 0.39% | $3.2M | +36,425 (+24.8%) |
| 42 | JB CAPITAL PARTNERS LP | 160,000 | 0.34% | $2.8M | — |
| 43 | CITADEL ADVISORS LLC | 153,342 | 0.33% | $2.7M | -191,878 (-55.6%) |
| 44 | Connor, Clark & Lunn Investment Management Ltd. | 151,037 | 0.32% | $2.6M | -2,341 (-1.5%) |
| 45 | GeoSphere Capital Management, LLC | 150,000 | 0.32% | $2.6M | NEW |
| 46 | JPMORGAN CHASE & CO | 148,629 | 0.32% | $2.5M | +77,872 (+110.1%) |
| 47 | AMERIPRISE FINANCIAL INC | 134,153 | 0.28% | $2.3M | -486,097 (-78.4%) |
| 48 | HOHIMER WEALTH MANAGEMENT, LLC | 127,100 | 0.27% | $2.2M | +29,050 (+29.6%) |
| 49 | AQR CAPITAL MANAGEMENT LLC | 124,599 | 0.26% | $2.2M | +6,604 (+5.6%) |
| 50 | Uniplan Investment Counsel, Inc. | 120,869 | 0.26% | $2.1M | NEW |
| 51 | ExodusPoint Capital Management, LP | 111,343 | 0.24% | $1.9M | NEW |
| 52 | Russell Investments Group, Ltd. | 101,448 | 0.22% | $1.8M | +7,057 (+7.5%) |
| 53 | FRANKLIN RESOURCES INC | 96,851 | 0.21% | $1.7M | +74,088 (+325.5%) |
| 54 | WEXFORD CAPITAL LP | 94,568 | 0.20% | $1.6M | -66,742 (-41.4%) |
| 55 | STATE OF WISCONSIN INVESTMENT BOARD | 94,169 | 0.20% | $1.6M | +10,518 (+12.6%) |
| 56 | MARTINGALE ASSET MANAGEMENT L P | 83,240 | 0.18% | $1.4M | +24,482 (+41.7%) |
| 57 | Pekin Hardy Strauss, Inc. | 80,500 | 0.17% | $1.4M | +1,000 (+1.3%) |
| 58 | Verition Fund Management LLC | 75,000 | 0.16% | $1.3M | -29,003 (-27.9%) |
| 59 | Diametric Capital, LP | 71,573 | 0.15% | $1.2M | NEW |
| 60 | Swiss National Bank | 70,800 | 0.15% | $1.2M | +1,200 (+1.7%) |
| 61 | VARCOV Co. | 70,760 | 0.15% | $1.2M | -1,053 (-1.5%) |
| 62 | BARINGS LLC | 69,239 | 0.15% | $1.2M | — |
| 63 | Invesco Ltd. | 60,854 | 0.13% | $1.1M | +3,806 (+6.7%) |
| 64 | BANK OF AMERICA CORP /DE/ | 60,744 | 0.13% | $1.1M | +28,826 (+90.3%) |
| 65 | Brevan Howard Capital Management LP | 59,498 | 0.13% | $1.0M | NEW |
| 66 | XTX Topco Ltd | 55,401 | 0.12% | $963K | +34,188 (+161.2%) |
| 67 | Cambria Investment Management, L.P. | 52,800 | 0.11% | $918K | +11,842 (+28.9%) |
| 68 | SIMPLEX TRADING, LLC | 52,458 | 0.11% | $912K | -70 (-0.1%) |
| 69 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 50,308 | 0.11% | $875K | -94,130 (-65.2%) |
| 70 | Y-Intercept (Hong Kong) Ltd | 48,032 | 0.10% | $835K | NEW |
| 71 | RHUMBLINE ADVISERS | 43,709 | 0.09% | $760K | +3,522 (+8.8%) |
| 72 | LEVIN CAPITAL STRATEGIES, L.P. | 41,208 | 0.09% | $717K | -2,000 (-4.6%) |
| 73 | TWO SIGMA INVESTMENTS, LP | 40,315 | 0.09% | $701K | +7,915 (+24.4%) |
| 74 | MML INVESTORS SERVICES, LLC | 40,096 | 0.09% | $697K | NEW |
| 75 | LOS ANGELES CAPITAL MANAGEMENT LLC | 39,154 | 0.08% | $681K | -22,996 (-37.0%) |
| 76 | Covestor Ltd | 38,591 | 0.08% | $672K | NEW |
| 77 | Walleye Trading LLC | 38,411 | 0.08% | $668K | -35,161 (-47.8%) |
| 78 | EXCHANGE TRADED CONCEPTS, LLC | 36,526 | 0.08% | $635K | -15,200 (-29.4%) |
| 79 | Creative Planning | 34,335 | 0.07% | $597K | -757 (-2.2%) |
| 80 | STRS OHIO | 32,500 | 0.07% | $565K | +17,900 (+122.6%) |
| 81 | WELLS FARGO & COMPANY/MN | 32,193 | 0.07% | $560K | +19,854 (+160.9%) |
| 82 | Forvis Mazars Wealth Advisors, LLC | 31,501 | 0.07% | $548K | — |
| 83 | SG Americas Securities, LLC | 30,277 | 0.06% | $527K | -3,444 (-10.2%) |
| 84 | ALLIANCEBERNSTEIN L.P. | 29,680 | 0.06% | $483K | -800 (-2.6%) |
| 85 | PRICE T ROWE ASSOCIATES INC /MD/ | 28,984 | 0.06% | $505K | +5,064 (+21.2%) |
| 86 | IMC-Chicago, LLC | 27,672 | 0.06% | $481K | +14,361 (+107.9%) |
| 87 | Gotham Asset Management, LLC | 26,232 | 0.06% | $456K | -57,908 (-68.8%) |
| 88 | Peloton Wealth Strategists | 25,000 | 0.05% | $435K | — |
| 89 | Militia Capital Management LLC | 24,800 | 0.05% | $431K | NEW |
| 90 | Quantinno Capital Management LP | 23,634 | 0.05% | $411K | -5,691 (-19.4%) |
| 91 | MILLENNIUM MANAGEMENT LLC | 23,562 | 0.05% | $410K | -25,226 (-51.7%) |
| 92 | CORSAIR CAPITAL MANAGEMENT, L.P. | 22,509 | 0.05% | $391K | -18,500 (-45.1%) |
| 93 | VANGUARD ASSET MANAGEMENT, Ltd | 21,592 | 0.05% | $375K | — |
| 94 | MetLife Investment Management, LLC | 20,840 | 0.04% | $362K | +2,357 (+12.8%) |
| 95 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 19,444 | 0.04% | $338K | — |
| 96 | CITIGROUP INC | 18,846 | 0.04% | $328K | +16,065 (+577.7%) |
| 97 | Quadrature Capital Ltd | 18,438 | 0.04% | $321K | -17,086 (-48.1%) |
| 98 | Jupiter Topco LLC | 16,900 | 0.04% | $294K | NEW |
| 99 | DRW Securities, LLC | 16,302 | 0.03% | $283K | -6,148 (-27.4%) |
| 100 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 16,250 | 0.03% | $283K | +366 (+2.3%) |
| 101 | Bleakley Financial Group, LLC | 16,046 | 0.03% | $279K | -933 (-5.5%) |
| 102 | FULLER & THALER ASSET MANAGEMENT, INC. | 15,997 | 0.03% | $278K | -115 (-0.7%) |
| 103 | Tidal Investments LLC | 15,727 | 0.03% | $273K | -58 (-0.4%) |
| 104 | CANADA PENSION PLAN INVESTMENT BOARD | 15,200 | 0.03% | $264K | -17,500 (-53.5%) |
| 105 | KING LUTHER CAPITAL MANAGEMENT CORP | 15,000 | 0.03% | $261K | — |
| 106 | O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 14,701 | 0.03% | $256K | +23 (+0.2%) |
| 107 | Engineers Gate Manager LP | 14,511 | 0.03% | $252K | -8,074 (-35.7%) |
| 108 | Vestcor Inc | 14,270 | 0.03% | $248K | — |
| 109 | Vanguard Global Advisers, LLC | 13,930 | 0.03% | $242K | — |
| 110 | NEW YORK STATE COMMON RETIREMENT FUND | 13,188 | 0.03% | $229K | +5,600 (+73.8%) |
| 111 | GLENMEDE TRUST CO NA | 13,000 | 0.03% | $226K | — |
| 112 | INTECH INVESTMENT MANAGEMENT LLC | 12,433 | 0.03% | $216K | -304 (-2.4%) |
| 113 | Caption Management, LLC | 11,900 | 0.03% | $207K | +8,480 (+248.0%) |
| 114 | LPL Financial LLC | 11,817 | 0.03% | $205K | -3,411 (-22.4%) |
| 115 | Permanent Capital Management, LP | 11,777 | 0.02% | $205K | — |
| 116 | Police & Firemen's Retirement System of New Jersey | 11,322 | 0.02% | $197K | +2,531 (+28.8%) |
| 117 | ACORN CREEK CAPITAL LLC | 10,000 | 0.02% | $174K | — |
| 118 | Vanguard Investments Australia, Ltd. | 8,843 | 0.02% | $154K | — |
| 119 | Zurcher Kantonalbank (Zurich Cantonalbank) | 8,513 | 0.02% | $148K | — |
| 120 | Legal & General Group Plc | 8,262 | 0.02% | $144K | +2,601 (+45.9%) |
| 121 | Byrne Asset Management LLC | 7,790 | 0.02% | $135K | -1,860 (-19.3%) |
| 122 | BNP PARIBAS FINANCIAL MARKETS | 7,048 | 0.01% | $123K | -2,019 (-22.3%) |
| 123 | BARCLAYS PLC | 6,947 | 0.01% | $121K | -28,803 (-80.6%) |
| 124 | Centiva Capital, LP | 5,928 | 0.01% | $103K | NEW |
| 125 | ROYAL BANK OF CANADA | 4,592 | 0.01% | $79K | +4,415 (+2494.4%) |
| 126 | Hilltop National Bank | 4,500 | 0.01% | $78K | — |
| 127 | MEEDER ASSET MANAGEMENT INC | 4,093 | 0.01% | $71K | +166 (+4.2%) |
| 128 | Nemes Rush Group LLC | 3,562 | 0.01% | $62K | — |
| 129 | Ameritas Investment Partners, Inc. | 3,203 | 0.01% | $56K | +610 (+23.5%) |
| 130 | Persistent Asset Partners Ltd | 2,441 | 0.01% | $42K | NEW |
| 131 | Tower Research Capital LLC (TRC) | 2,322 | 0.00% | $40K | -3,086 (-57.1%) |
| 132 | State of Wyoming | 1,843 | 0.00% | $32K | NEW |
| 133 | OSAIC HOLDINGS, INC. | 1,648 | 0.00% | $29K | -261 (-13.7%) |
| 134 | State of Alaska, Department of Revenue | 1,645 | 0.00% | $28K | — |
| 135 | GAMMA Investing LLC | 928 | 0.00% | $16K | +119 (+14.7%) |
| 136 | Rockefeller Capital Management L.P. | 800 | 0.00% | $14K | +790 (+7900.0%) |
| 137 | JONES FINANCIAL COMPANIES LLLP | 612 | 0.00% | $11K | +312 (+104.0%) |
| 138 | Smartleaf Asset Management LLC | 612 | 0.00% | $10K | — |
| 139 | SUMMIT SECURITIES GROUP LLC | 551 | 0.00% | $10K | -1,357 (-71.1%) |
| 140 | Hurley Capital, LLC | 500 | 0.00% | $9K | — |
| 141 | LANARK FINANCIAL, INC. | 500 | 0.00% | $9K | — |
| 142 | CoreCap Advisors, LLC | 495 | 0.00% | $9K | — |
| 143 | HARBOUR INVESTMENTS, INC. | 449 | 0.00% | $8K | — |
| 144 | NISA INVESTMENT ADVISORS, LLC | 392 | 0.00% | $7K | — |
| 145 | True Wealth Design, LLC | 334 | 0.00% | $6K | — |
| 146 | Farther Finance Advisors, LLC | 220 | 0.00% | $4K | +102 (+86.4%) |
| 147 | SBI Securities Co., Ltd. | 220 | 0.00% | $4K | — |
| 148 | Quantbot Technologies LP | 217 | 0.00% | $4K | NEW |
| 149 | Essential Partners LLC | 199 | 0.00% | $3K | — |
| 150 | Larson Financial Group LLC | 167 | 0.00% | $3K | +22 (+15.2%) |
| 151 | Optiver Holding B.V. | 137 | 0.00% | $2K | -61 (-30.8%) |
| 152 | PNC Financial Services Group, Inc. | 129 | 0.00% | $2K | +8 (+6.6%) |
| 153 | Sterling Capital Management LLC | 124 | 0.00% | $2K | -171 (-58.0%) |
| 154 | US BANCORP \DE\ | 100 | 0.00% | $2K | -8,531 (-98.8%) |
| 155 | Parallel Advisors, LLC | 97 | 0.00% | $2K | NEW |
| 156 | Quarry LP | 96 | 0.00% | $2K | NEW |
| 157 | Aster Capital Management (DIFC) Ltd | 79 | 0.00% | $1K | NEW |
| 158 | Kilter Group LLC | 78 | 0.00% | $1K | -11 (-12.4%) |
| 159 | HUNTINGTON NATIONAL BANK | 75 | 0.00% | $1K | +19 (+33.9%) |
| 160 | SIGNATUREFD, LLC | 75 | 0.00% | $1K | — |
| 161 | Physician Wealth Advisors, Inc. | 68 | 0.00% | $1K | — |
| 162 | Global Retirement Partners, LLC | 66 | 0.00% | $1K | NEW |
| 163 | Arax Advisory Partners | 66 | 0.00% | $1K | NEW |
| 164 | Parkside Financial Bank & Trust | 60 | 0.00% | $1K | — |
| 165 | Silver Grove Financial Group, Inc. | 51 | 0.00% | $887 | NEW |
| 166 | ROTHSCHILD INVESTMENT LLC | 45 | 0.00% | $783 | +10 (+28.6%) |
| 167 | EverSource Wealth Advisors, LLC | 26 | 0.00% | $452 | -2,045 (-98.7%) |
| 168 | Triumph Capital Management | 20 | 0.00% | $348 | -30 (-60.0%) |
| 169 | Stone House Investment Management, LLC | 11 | 0.00% | $190 | — |
| 170 | Truvestments Capital LLC | 5 | 0.00% | $87 | NEW |
| 171 | Allworth Financial LP | 4 | 0.00% | $70 | -312 (-98.7%) |
| 172 | Keating Financial Advisory Services, Inc. | 1 | 0.00% | $17 | — |
| 173 | MassMutual Private Wealth & Trust, FSB | 0 | 0.00% | $0 | -4 (-100.0%) |
Exited since 2026-03-31 (39 filers; largest 25 shown)
| Empyrean Capital Partners, LP | −500,000 |
| PRUDENTIAL FINANCIAL INC | −255,645 |
| Western Standard LLC | −228,662 |
| Steamboat Capital Partners, LLC | −201,139 |
| Nokomis Capital, L.L.C. | −135,000 |
| MARSHALL WACE, LLP | −131,380 |
| Galaxy Digital Inc. | −100,000 |
| VOYA INVESTMENT MANAGEMENT LLC | −92,388 |
| Monashee Investment Management LLC | −90,000 |
| PEAK6 LLC | −76,733 |
| Man Group plc | −54,262 |
| ALGERT GLOBAL LLC | −52,911 |
| Empowered Funds, LLC | −48,903 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | −48,903 |
| Qube Research & Technologies Ltd | −48,848 |
| SEI INVESTMENTS CO | −40,446 |
| NATIXIS | −35,000 |
| VICTORY CAPITAL MANAGEMENT INC | −29,718 |
| AdvisorShares Investments LLC | −28,600 |
| JANE STREET GROUP, LLC | −26,912 |
| Penn Capital Management Company, LLC | −19,904 |
| Shay Capital LLC | −19,800 |
| Counterpoint Mutual Funds LLC | −17,914 |
| JANUS HENDERSON GROUP PLC | −16,900 |
| LAZARD ASSET MANAGEMENT LLC | −14,556 |
Large holders from 13D/13G (latest per reporting person, last 2 years)
Filed when a holder crosses 5% or changes materially, so often more current than the quarter-end 13F. Percentages are the filer's own, against the share count they used.
| Reporting person | Form | Filed | Event | Shares | % of class |
|---|---|---|---|---|---|
| Mark D. Becker | SCHEDULE 13G/A | 2026-08-11 | 2026-06-30 | 1,437,573 | 3% |
| BlackRock, Inc. | SCHEDULE 13G | 2026-07-28 | 2026-06-30 | 2,803,323 | 5.9% |
| The Vanguard Group | SCHEDULE 13G/A | 2026-03-26 | 2026-03-13 | 0 | 0% |
| David C. Hardie | SCHEDULE 13D/A | 2026-02-27 | 2026-01-01 | 1,607,945 | 3.67% |
| Hallador Alternative Assets Fund LLC | SCHEDULE 13D/A | 2026-02-27 | 2026-01-01 | 1,584,929 | 3.62% |
| Hallador Investment Advisors, Inc. | SCHEDULE 13D/A | 2026-02-27 | 2026-01-01 | 1,584,929 | 3.62% |
| Hallador Management LLC | SCHEDULE 13D/A | 2026-02-27 | 2026-01-01 | 1,584,929 | 3.62% |
| Kevin Leary | SCHEDULE 13D/A | 2026-02-27 | 2026-01-01 | 1,591,319 | 3.63% |
| Aegis Financial Corporation | SCHEDULE 13G/A | 2025-11-12 | 2025-09-30 | 2,010,994 | 4.7% |
| Scott L. Barbee | SCHEDULE 13G/A | 2025-11-12 | 2025-09-30 | 2,010,994 | 4.7% |
| ALJ Investment Company, LLC | SCHEDULE 13G/A | 2025-02-14 | 2024-12-31 | 1,400,000 | 3.3% |
| ALJ REGIONAL HOLDINGS, INC | SCHEDULE 13G/A | 2025-02-14 | 2024-12-31 | 200,000 | 0.5% |
Source: SEC Form 13F-HR information tables for the quarter ending 2026-06-30 (filed within 45 days of quarter end; amendments applied; values normalised to dollars), the share count from the company's latest 10-K/10-Q XBRL cover page, and Schedule 13D/13G filings. Each row is a legal 13F filer as filed — related entities (e.g. Vanguard's advisers) are not merged. Retail brokerage accounts are not reported on 13F, so the remainder is mostly retail and insiders.