Mar 31, 2026 filings. Quarterly 13F reports arrive up to 45 days after quarter end; this register is filed through May 29, 2026.
113 institutional managers reported holding USAC for the quarter ended Mar 31, 2026. Together they hold about 35% of shares outstanding; the top 10 hold 32%. 22 opened new positions; 12 closed out. Complete ranked register from SEC 13F filings.
| manager | shares | % out | value (Mar 31, 2026 close) | change | held since |
|---|---|---|---|---|---|
| Alps Advisors INC | 19.07M | 13.16% | $517.3M | added +7.5% | 2023 Q4 |
| Invesco | 12.18M | 8.40% | $330.3M | unchanged | 2019 Q1 |
| Mirae Asset Global Etfs Holdings LTD. | 5.81M | 4.01% | $157.6M | added +9.4% | 2022 Q1 |
| Goldman Sachs | 3.64M | 2.51% | $98.7M | added +8.8% | 2021 Q1 |
| Morgan Stanley | 2.81M | 1.94% | $76.1M | added +3.4% | ≤2013 |
| Blackstone | 696.7k | 0.48% | $18.9M | unchanged | 2022 Q3 |
| Raymond James Financial INC | 599.7k | 0.41% | $16.3M | added +2.9% | ≤2013 |
| UBS | 473.1k | 0.33% | $12.8M | trimmed -10.8% | ≤2013 |
| Natixis Advisors, LLC | 405.8k | 0.28% | $11.0M | unchanged | 2024 Q2 |
| Infrastructure Capital Advisors, LLC | 314.7k | 0.22% | $8.5M | added +2.4% | 2024 Q1 |
| ING Groep NV | 312.6k | 0.22% | $8.5M | unchanged | 2025 Q3 |
| Kayne Anderson Capital Advisors LP (focused) | 250.9k | 0.17% | $6.8M | opened | 2026 Q1 |
| Objectivity Squared, LLC | 235.1k | 0.16% | $6.4M | added +2% | 2023 Q4 |
| Rockefeller Capital Management L.p. | 233.9k | 0.16% | $6.3M | unchanged | 2019 Q4 |
| Corient Private Wealth LLC | 211.4k | 0.15% | $5.7M | trimmed -1.2% | 2024 Q1 |
| Bard Associates INC | 183.8k | 0.13% | $5.0M | unchanged | ≤2013 |
| Royal Bank OF Canada | 176.1k | 0.12% | $4.8M | added +38.5% | ≤2013 |
| Chickasaw Capital Management LLC | 139.0k | 0.10% | $3.8M | opened | 2026 Q1 |
| First Trust Advisors LP | 122.4k | 0.08% | $3.3M | trimmed -12% | 2017 Q2 |
| Citadel Advisors | 122.3k | 0.08% | $3.3M | trimmed -56.7% | 2025 Q3 |
| PNC Financial Services Group, INC. | 115.5k | 0.08% | $3.1M | unchanged | 2014 Q3 |
| Truist Financial CORP | 101.2k | 0.07% | $2.7M | unchanged | 2024 Q4 |
| Concurrent Investment Advisors, LLC | 100.0k | 0.07% | $2.7M | unchanged | 2025 Q1 |
| Mallini Complete Financial Planning LLC (focused) | 94.5k | 0.07% | $2.6M | added +0.7% | 2024 Q4 |
| CFM Wealth Partners LLC | 92.1k | 0.06% | $2.5M | unchanged | 2023 Q2 |
| Exchange Traded Concepts, LLC | 77.0k | 0.05% | $2.1M | added +20% | 2023 Q2 |
| Wells Fargo & COMPANY/MN | 75.4k | 0.05% | $2.0M | unchanged | ≤2013 |
| HRT Financial LP | 74.3k | 0.05% | $2.0M | trimmed -43% | 2024 Q2 |
| Bank OF America CORP /DE/ | 74.1k | 0.05% | $2.0M | trimmed -38.6% | 2014 Q3 |
| Sanctuary Advisors, LLC | 74.0k | 0.05% | $2.0M | added +28.9% | 2024 Q2 |
| LPL Financial LLC | 70.3k | 0.05% | $1.9M | added +5.4% | 2022 Q2 |
| Jump Financial | 68.6k | 0.05% | $1.9M | trimmed -37.2% | 2024 Q1 |
| Cambridge Investment Research Advisors, INC. | 60.1k | 0.04% | $1.6M | added +3.8% | 2023 Q2 |
| Citigroup INC | 59.1k | 0.04% | $1.6M | trimmed -47.8% | 2023 Q3 |
| Chicago Partners Investment Group LLC | 52.3k | 0.04% | $1.4M | trimmed -7.7% | 2015 Q2 |
| Bramshill Investments, LLC | 47.1k | 0.03% | $1.3M | trimmed -0.6% | 2017 Q4 |
| Kestra Advisory Services, LLC | 46.3k | 0.03% | $1.3M | added +1.2% | 2024 Q1 |
| Stockman Wealth Management, INC. | 45.0k | 0.03% | $1.2M | unchanged | 2016 Q3 |
| Penbrook Management LLC | 41.0k | 0.03% | $1.1M | unchanged | 2019 Q2 |
| Susquehanna International Group | 39.8k | 0.03% | $1.1M | trimmed -44.8% | 2022 Q3 |
| SeaCrest Wealth Management, LLC | 36.0k | 0.03% | $977k | unchanged | 2025 Q1 |
| Osaic Holdings, INC. | 35.5k | 0.02% | $962k | trimmed -2.3% | 2020 Q1 |
| American Financial Group INC | 35.1k | 0.02% | $953k | unchanged | 2014 Q4 |
| Dividend Assets Capital, LLC | 31.8k | 0.02% | $862k | trimmed -6.8% | 2018 Q3 |
| Kestra Private Wealth Services, LLC | 30.4k | 0.02% | $824k | added +5.2% | 2025 Q1 |
| D.a. Davidson & CO. | 28.8k | 0.02% | $781k | added +1.6% | 2024 Q1 |
| Cetera Investment Advisers | 28.6k | 0.02% | $777k | added +2.4% | 2024 Q2 |
| Alessandra Capital Management, LLC | 23.9k | 0.02% | $647k | added +1.7% | 2025 Q4 |
| Mutual Advisors, LLC | 22.9k | 0.02% | $620k | added +1% | 2023 Q4 |
| WMG Financial Advisors, LLC | 22.1k | 0.01% | $600k | unchanged | 2021 Q4 |
Largest 50 of 113 shown; the full ranked, searchable register is at boothcheck.com/holders/USAC. Related filers are grouped using the filings' own included-manager declarations. Historically, several managers opening new positions in the same quarter said almost nothing about the quarter that followed (59,118 cases since 2013). A filed record, not a forecast. Nothing here is investment advice.