Vault-13

ALPS ETF TR AMLP

ALERIAN MLP · ETP · CUSIP 00162Q452

545 institutional holders +12 vs Q4 2022
79,196,11579.2m shares reported held*
$3.1bnreported value*
58 new 196 added 184 reduced 42 sold out net bought ≈ $1.4m (+134.7k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $39.24. Options: 8 managers hold calls ($43.2m notional), 14 hold puts ($51.6m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 512Q4 22: 533Q1 23: 545545Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022512
Q4 2022533
Q1 2023545

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 22: 247 bought or addedQ4 22: 217 cut or sold outQ4 22Q1 23: 254 bought or addedQ1 23: 226 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022247217
Q1 2023254226

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60m$80mQ3 22 calls: $56.8mQ3 22 puts: $62.0mQ3 22P/C 1.09Q4 22 calls: $63.8mQ4 22 puts: $65.0mQ4 22P/C 1.02Q1 23 calls: $43.2mQ1 23 puts: $51.6mQ1 23P/C 1.19
Numbers
QuarterCallsPutsP/C
Q3 2022$56.8m$62.0m1.09
Q4 2022$63.8m$65.0m1.02
Q1 2023$43.2m$51.6m1.19

Biggest buyers

MORGAN STANLEY Added +1,535,554+1.5m
WOLVERINE TRADING, LLC Added +1,014,992+1.0m
BANK OF AMERICA CORP /DE/ Added +435,786+435.8k
MIRABELLA FINANCIAL SERVICES LLP New +384,482+384.5k
Householder Group Estate & Retirement Specialist, LLC New +290,413+290.4k
Advisors Preferred, LLC New +280,958+281.0k
J.P. Morgan Private Wealth Advisors LLC Added +180,776+180.8k
PFG Advisors New +149,735+149.7k
CREDIT SUISSE AG/ Added +140,272+140.3k
COMMONWEALTH EQUITY SERVICES, LLC Added +114,612+114.6k

Biggest sellers

STATE OF WISCONSIN INVESTMENT BOARD Sold out -1,084,500-1.1m
Creative Planning Reduced -732,920-732.9k
GOLDMAN SACHS GROUP INC Reduced -546,912-546.9k
JPMORGAN CHASE & CO Reduced -259,999-260.0k
UBS Group AG Reduced -219,055-219.1k
Greystone Financial Group, LLC Reduced -194,368-194.4k
Naviter Wealth, LLC Reduced -184,481-184.5k
Prime Capital Investment Advisors, LLC Reduced -140,255-140.3k
INTRINSIC EDGE CAPITAL MANAGEMENT LLC Reduced -130,000-130.0k
CITADEL ADVISORS LLC Reduced -122,329-122.3k

Biggest calls

CITADEL ADVISORS LLC Added $16.7m430.9k shares
WOLVERINE TRADING, LLC Added $11.2m291.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $10.1m262.2k shares
Walleye Trading LLC Reduced $2.8m72.9k shares
CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT Reduced $1.9m50.0k shares
CSS LLC/IL New $498.6k12.9k shares
Cutler Group LLC / CA Reduced $8.0k8.7k shares
HAP Trading, LLC Added $3.0k17.3k shares

Biggest puts

Aristides Capital LLC Unchanged $10.1m261.5k shares
KAYNE ANDERSON CAPITAL ADVISORS LP New $7.7m2.0k shares
JANE STREET GROUP, LLC Reduced $7.4m191.0k shares
Walleye Trading LLC Added $6.9m177.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $4.9m126.5k shares
York Capital Management Global Advisors, LLC Unchanged $4.6m120.0k shares
CSS LLC/IL Reduced $3.5m91.6k shares
BANK OF AMERICA CORP /DE/ Added $3.0m78.8k shares
CITADEL ADVISORS LLC Reduced $2.8m71.6k shares
WOLVERINE TRADING, LLC Reduced $677.0k17.6k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 9,617,6159.6m $371.7m $371.7m 0.04% Added +1.5m +1,535,554
2 GOLDMAN SACHS GROUP INC 0.09% of their portfolio NEW YORK, NY 8,236,7988.2m $318.4m $318.4m 0.09% Reduced -546.9k -546,912
3 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 5,845,1895.8m $225.9m $225.9m 0.03% Added +435.8k +435,786
4 WELLS FARGO & COMPANY/MN 0.06% of their portfolio SAN FRANCISCO, CA 5,091,4475.1m $196.8m $196.8m 0.06% Added +42.3k +42,322
5 Creative Planning 0.22% of their portfolio OVERLAND PARK, KS 4,016,3114.0m $155.2m $155.2m 0.22% Reduced -732.9k -732,920
6 UBS Group AG 0.05% of their portfolio ZURICH, V8 2,819,0422.8m $109.0m $109.0m 0.05% Reduced -219.1k -219,055
7 RATIONAL ADVISORS, INC. 6.01% of their portfolio San Juan, PR 1,903,2821.9m $73.6m $73.6m 6.01% Reduced -106.9k -106,944
8 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 1,784,7881.8m $69.0m $69.0m 0.05% Added +31.5k +31,513
9 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,477,8661.5m $57.1m $57.1m 0.02% Reduced -108.0k -107,990
10 RAYMOND JAMES & ASSOCIATES 0.05% of their portfolio ST PETERSBURG, FL 1,426,4491.4m $55.1m $55.1m 0.05% Added +53.3k +53,293
11 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,299,4451.3m $50.2m $50.2m 0.02% Reduced -84.7k -84,657
12 Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio CHIYODA-KU, TOKYO, M0 1,291,8901.3m $49.9m $49.9m 0.04% Reduced -82.5k -82,503
13 Allen Investment Management, LLC 0.69% of their portfolio NEW YORK, NY 1,072,4431.1m $41.4m $41.4m 0.69% Unchanged
14 TIAA, FSB 0.15% of their portfolio ST. LOUIS, MO 1,041,6371.0m $40.3m $40.3m 0.15% Reduced -11.5k -11,521
15 WOLVERINE TRADING, LLC 1.19% of their portfolio CHICAGO, IL 1,023,0661.0m $39.4m $39.4m 1.19% Added +1.0m +1,014,992
16 STEPHENS INC /AR/ 0.70% of their portfolio LITTLE ROCK, AR 938,870938.9k $36.3m $36.3m 0.70% Reduced -28.4k -28,384
17 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 865,936865.9k $33.5m $33.5m 0.05% Added +74.3k +74,266
18 DEUTSCHE BANK AG\ 0.02% of their portfolio FRANKFURT AM MAIN, 2M 833,738833.7k $32.2m $32.2m 0.02% Reduced -4.9k -4,913
19 HighTower Advisors, LLC 0.06% of their portfolio CHICAGO, IL 766,128766.1k $29.6m $29.6m 0.06% Added +26.3k +26,287
20 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 672,022672.0k $26.0m $26.0m 0.05% Reduced -42.4k -42,368
21 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 669,456669.5k $25.9m $25.9m 0.01% Added +25.1k +25,111
22 HFG Wealth Management, LLC 5.33% of their portfolio The Woodlands, TX 665,100665.1k $25.7m $25.7m 5.33% First filing
23 Raymond James Financial Services Advisors, Inc. 0.05% of their portfolio ST. PETERSBURG, FL 658,136658.1k $25.4m $25.4m 0.05% Added +38.3k +38,347
24 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 634,342634.3k $24.5m $24.5m 0.05% Added +114.6k +114,612
25 CREDIT SUISSE AG/ 0.02% of their portfolio ZURICH, V8 627,013627.0k $24.2m $24.2m 0.02% Added +140.3k +140,272
26 CHOREO, LLC 0.75% of their portfolio ROCKFORD, IL 549,020549.0k $21.2m $21.2m 0.75% Reduced -24.7k -24,731
27 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 520,221520.2k $20.1m $20.1m 0.00% Reduced -260.0k -259,999
28 CAPTRUST FINANCIAL ADVISORS 0.08% of their portfolio RALEIGH, NC 473,143473.1k $18.3m $18.3m 0.08% Reduced -3.8k -3,754
29 FIRST AMERICAN TRUST, FSB 2.54% of their portfolio SANTA ANA, CA 443,679443.7k $17.1m $17.1m 2.54% Reduced -1.5k -1,482
30 Naviter Wealth, LLC 5.85% of their portfolio LITTLE ROCK, AR 432,383432.4k $16.7m $16.7m 5.85% Reduced -184.5k -184,481
31 Miller Investment Management, LP 2.57% of their portfolio WEST CONSHOHOCKEN, PA 402,814402.8k $15.6m $15.6m 2.57% Reduced -10.1k -10,077
32 Maryland State Retirement & Pension System 0.34% of their portfolio BALTIMORE, MD 399,453399.5k $15.4m $15.4m 0.34% Unchanged
33 MIRABELLA FINANCIAL SERVICES LLP 2.51% of their portfolio London, X0 384,482384.5k $14.9m $14.9m 2.51% New
34 J.P. Morgan Private Wealth Advisors LLC 0.03% of their portfolio SAN FRANCISCO, CA 370,666370.7k $14.3m $14.3m 0.03% Added +180.8k +180,776
35 BALDWIN WEALTH PARTNERS LLC/MA 1.08% of their portfolio Marion, MA 321,733321.7k $12.4m $12.4m 1.08% Added +3.3k +3,341
36 Proficio Capital Partners LLC 1.92% of their portfolio NEWTON, MA 313,783313.8k $12.1m $12.1m 1.92% Added +61.5k +61,529
37 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.77% of their portfolio EDINA, MN 307,918307.9k $11.9m $11.9m 0.77% Reduced -2.0k -1,992
38 SEARCY FINANCIAL SERVICES INC /ADV 7.16% of their portfolio OVERLAND PARK, KS 300,603300.6k $11.6m $11.6m 7.16% Added +4.7k +4,684
39 Janney Montgomery Scott LLC 0.05% of their portfolio PHILADELPHIA, PA 296,247296.2k $11.4m $11.4m 0.05% Reduced -15.2k -15,184
40 Householder Group Estate & Retirement Specialist, LLC 4.31% of their portfolio SCOTTSDALE, AZ 290,413290.4k $11.2m $11.2m 4.31% New
41 Fifth Third Securities, Inc. 1.28% of their portfolio Cincinnati, OH 287,901287.9k $11.1m $11.1m 1.28% Added +36.1k +36,107
42 Summit Financial Wealth Advisors, LLC 2.63% of their portfolio Lafayette, LA 286,791286.8k $11.1m $11.1m 2.63% Added +6.1k +6,097
43 Advisors Preferred, LLC 3.79% of their portfolio ROCKVILLE, MD 280,958281.0k $11.1m $11.1m 3.79% New
44 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 256,834256.8k $9.9m $9.9m 0.01% Added +19.9k +19,891
45 Chicago Wealth Management, Inc. 7.83% of their portfolio CHICAGO, IL 254,864254.9k $9.9m $9.9m 7.83% Added +20.8k +20,847
46 NOVARE CAPITAL MANAGEMENT LLC 1.06% of their portfolio CHARLOTTE, NC 240,375240.4k $9.3m $9.3m 1.06% Reduced -100 -100
47 B&D White Capital Company, LLC 3.15% of their portfolio Lakeway, TX 237,440237.4k $9.2m $9.2m 3.15% Reduced -771 -771
48 TECTONIC ADVISORS LLC 1.22% of their portfolio FRISCO, TX 230,341230.3k $8.9m $8.9m 1.22% Added +156 +156
49 FWL INVESTMENT MANAGEMENT, LLC 6.50% of their portfolio Dallas, TX 228,279228.3k $8.8m $8.8m 6.50% Reduced -10.2k -10,151
50 CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.14% of their portfolio RADNOR, PA 208,280208.3k $8.1m $8.1m 0.14% Reduced -12.8k -12,819
51 APPALOOSA LP 0.43% of their portfolio Short Hills, NJ 204,000204.0k $7.9m $7.9m 0.43% Unchanged
52 NICOLET ADVISORY SERVICES, LLC 0.90% of their portfolio GREEN BAY, WI 201,512201.5k $7.8m $7.8m 0.90% Reduced -11.6k -11,649
53 Bard Financial Services, Inc. 0.62% of their portfolio BRANFORD, CT 200,125200.1k $7.7m $7.7m 0.62% Added +10.7k +10,650
54 Prime Capital Investment Advisors, LLC 0.31% of their portfolio OVERLAND PARK, KS 197,396197.4k $7.6m $7.6m 0.31% Reduced -140.3k -140,255
55 MERCER GLOBAL ADVISORS INC /ADV 0.03% of their portfolio DENVER, CO 194,718194.7k $7.5m $7.5m 0.03% Reduced -8.2k -8,186
56 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 187,500187.5k $7.2m $7.2m 0.01% Reduced -122.3k -122,329
57 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 184,838184.8k $7.1m $7.1m 0.04% Reduced -63.6k -63,569
58 WEALTH ALLIANCE, LLC 1.09% of their portfolio MELLVILLE, NY 174,694174.7k $6.8m $6.8m 1.09% Added +3.9k +3,903
59 INTRINSIC EDGE CAPITAL MANAGEMENT LLC 0.67% of their portfolio CHICAGO, IL 170,000170.0k $6.6m $6.6m 0.67% Reduced -130.0k -130,000
60 EVERGREEN CAPITAL MANAGEMENT LLC 0.29% of their portfolio Bellevue, WA 169,537169.5k $6.6m $6.6m 0.29% Added +4.2k +4,226
61 Checchi Capital Advisers, LLC 0.63% of their portfolio BEVERLY HILLS, CA 169,535169.5k $6.6m $6.6m 0.63% Added +3.1k +3,080
62 CONGRESS ASSET MANAGEMENT CO 0.06% of their portfolio BOSTON, MA 167,865167.9k $6.5m $6.5m 0.06% Reduced -40.6k -40,563
63 CW Advisors, LLC 0.16% of their portfolio BOSTON, MA 167,382167.4k $6.5m $6.5m 0.16% Reduced -40.3k -40,349
64 COWA, LLC 2.35% of their portfolio Tulsa, OK 165,571165.6k $3.0m $3.0m 2.35% Added +88.6k +88,583
65 Advisory Services Network, LLC 0.18% of their portfolio ATLANTA, GA 164,339164.3k $6.4m $6.4m 0.18% Added +4.5k +4,531
66 Aveo Capital Partners, LLC 0.83% of their portfolio ENGLEWOOD, CO 160,461160.5k $6.2m $6.2m 0.83% Reduced -7.2k -7,249
67 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 160,340160.3k $6.2m $6.2m 0.06% Added +12.3k +12,273
68 Left Brain Wealth Management, LLC 4.15% of their portfolio NAPERVILLE, IL 155,324155.3k $6.1m $6.1m 4.15% Reduced -2.8k -2,830
69 COMMERCE BANK 0.05% of their portfolio KANSAS CITY, MO 155,111155.1k $6.0m $6.0m 0.05% Reduced -1.1k -1,067
70 Elgethun Capital Management 1.91% of their portfolio SIOUX FALLS, SD 153,005153.0k $6.0m $6.0m 1.91% Added +3.4k +3,380
71 MCKINLEY CAPITAL MANAGEMENT LLC 0.78% of their portfolio ANCHORAGE, AK 152,505152.5k $5.9m $5.9m 0.78% Added +8.3k +8,283
72 PFG Advisors 0.48% of their portfolio Phoenix, AZ 149,735149.7k $5.8m $5.8m 0.48% New
73 SHIKIAR ASSET MANAGEMENT INC 1.93% of their portfolio NEW YORK, NY 140,545140.5k $5.4m $5.4m 1.93% First filing
74 Fulcrum Equity Management 2.52% of their portfolio PLANO, TX 138,766138.8k $5.4m $5.4m 2.52% Added +62.5k +62,457
75 BRIGHTON JONES LLC 0.30% of their portfolio SEATTLE, WA 137,808137.8k $5.3m $5.3m 0.30% Reduced -34.1k -34,072
76 Balefire, LLC 2.26% of their portfolio DALLAS, TX 136,034136.0k $5.1m $5.1m 2.26% Reduced -36.5k -36,524
77 Riggs Asset Managment Co. Inc. 1.95% of their portfolio DALLAS, PA 130,126130.1k $5.0m $5.0m 1.95% Reduced -247 -247
78 Brick & Kyle, Associates 2.86% of their portfolio NEWTOWN, PA 129,378129.4k $5.0m $5.0m 2.86% Added +701 +701
79 Cetera Advisors LLC 0.08% of their portfolio DENVER, CO 122,849122.8k $4.7m $4.7m 0.08% Reduced -277 -277
80 CONTINENTAL ADVISORS LLC 4.21% of their portfolio Park City, UT 118,223118.2k $4.6m $4.6m 4.21% Reduced -5.0k -5,000
81 Golden Green, Inc. 5.19% of their portfolio Seneca, SC 114,516114.5k $4.4m $4.4m 5.19% Reduced -70.3k -70,284
82 HERBST GROUP, LLC 3.12% of their portfolio WESTPORT, CT 114,352114.4k $4.4m $4.4m 3.12% Added +536 +536
83 Cetera Advisor Networks LLC 0.03% of their portfolio EL SEGUNDO, CA 114,016114.0k $4.4m $4.4m 0.03% Added +6.9k +6,907
84 Integrated Advisors Network LLC 0.26% of their portfolio DALLAS, TX 112,604112.6k $4.4m $4.4m 0.26% Reduced -52.4k -52,431
85 Prospera Financial Services Inc 0.18% of their portfolio Dallas, TX 112,214112.2k $4.3m $4.3m 0.18% Reduced -163 -163
86 INDEPENDENT FINANCIAL GROUP, LLC 0.35% of their portfolio SAN DIEGO, CA 111,665111.7k $4.3m $4.3m 0.35% Reduced -435 -435
87 Bullseye Investment Management, LLC 3.10% of their portfolio CINCINNATI, OH 109,566109.6k $4.2m $4.2m 3.10% Reduced -33.6k -33,604
88 D.A. DAVIDSON & CO. 0.05% of their portfolio GREAT FALLS, MT 108,743108.7k $4.2m $4.2m 0.05% Added +1.1k +1,138
89 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 107,546107.5k $4.2m $4.2m 0.01% Added +31.8k +31,845
90 Sageworth Trust Co 0.30% of their portfolio LANCASTER, PA 104,694104.7k $4.0m $4.0m 0.30% Unchanged
91 HORIZON KINETICS ASSET MANAGEMENT LLC 0.08% of their portfolio NEW YORK, NY 101,812101.8k $3.9m $3.9m 0.08% Added +1.6k +1,650
92 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 101,300101.3k $3.9m $3.9m 0.01% Unchanged
93 Arcus Capital Partners, LLC 1.32% of their portfolio ATLANTA, GA 99,85099.8k $3.9m $3.9m 1.32% New
94 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 98,74098.7k $3.8m $3.8m 0.05% Reduced -12.7k -12,711
95 SOUTHERN FARM BUREAU LIFE INSURANCE 0.64% of their portfolio JACKSON, MS 97,82597.8k $3.8m $3.8m 0.64% Unchanged
96 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 91,67291.7k $3.5m $3.5m 0.01% Added +7.1k +7,124
97 Cerity Partners LLC 0.15% of their portfolio NEW YORK, NY 90,12990.1k $58.1m $58.1m 0.15% Added +1.4k +1,430
98 FORTE ASSET MANAGEMENT LLC 2.26% of their portfolio BEDFORD, NY 88,46488.5k $3.4m $3.4m 2.26% Reduced -7.2k -7,242
99 IronBridge Private Wealth, LLC 2.09% of their portfolio Austin, TX 84,62084.6k $3.3m $3.3m 2.09% Reduced -1.3k -1,318
100 NICOLET BANKSHARES INC 1.06% of their portfolio GREEN BAY, WI 84,59784.6k $3.3m $3.3m 1.06% Added +2.0k +1,994