Vault-13

ALPS ETF TR AMLP

ALERIAN MLP · ETP · CUSIP 00162Q452

544 institutional holders -1 vs Q1 2023
75,845,72875.8m shares reported held*
$3.0bnreported value*
40 new 205 added 184 reduced 47 sold out net sold ≈ $131.4m (-3.4m 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 ($80.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $39.21. Options: 7 managers hold calls ($34.5m notional), 12 hold puts ($31.7m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 512Q4 22: 533Q1 23: 545Q2 23: 544544Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022512
Q4 2022533
Q1 2023545
Q2 2023544

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 23Q2 23: 245 bought or addedQ2 23: 231 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022247217
Q1 2023254226
Q2 2023245231

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 1.19Q2 23 calls: $34.5mQ2 23 puts: $31.7mQ2 23P/C 0.92
Numbers
QuarterCallsPutsP/C
Q3 2022$56.8m$62.0m1.09
Q4 2022$63.8m$65.0m1.02
Q1 2023$43.2m$51.6m1.19
Q2 2023$34.5m$31.7m0.92

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +409,097+409.1k
GOLDMAN SACHS GROUP INC Added +304,925+304.9k
MORGAN STANLEY Added +254,753+254.8k
Raymond James Financial Services Advisors, Inc. Added +239,015+239.0k
Prime Capital Investment Advisors, LLC Added +218,384+218.4k
Crescent Grove Advisors, LLC New +192,490+192.5k
JANE STREET GROUP, LLC Added +127,784+127.8k
IronBridge Private Wealth, LLC Added +112,195+112.2k
NWAM LLC New +91,835+91.8k
AlphaCore Capital LLC New +62,334+62.3k

Biggest sellers

WELLS FARGO & COMPANY/MN Reduced -810,864-810.9k
Creative Planning Reduced -668,132-668.1k
CREDIT SUISSE AG/ Sold out -627,013-627.0k
JPMORGAN CHASE & CO Reduced -434,571-434.6k
MIRABELLA FINANCIAL SERVICES LLP Sold out -384,482-384.5k
Miller Investment Management, LP Reduced -381,124-381.1k
Advisors Preferred, LLC Sold out -280,958-281.0k
Chicago Wealth Management, Inc. Sold out -254,864-254.9k
B&D White Capital Company, LLC Sold out -237,440-237.4k
APPALOOSA LP Sold out -204,000-204.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $14.4m368.4k shares
CITADEL ADVISORS LLC Reduced $11.0m279.4k shares
Walleye Trading LLC Added $4.1m104.7k shares
WOLVERINE TRADING, LLC Reduced $3.3m83.5k shares
Lavaca Capital LLC New $1.0m26.0k shares
CSS LLC/IL Added $666.6k17.0k shares
Cutler Group LLC / CA Added $8.0k36.7k shares

Biggest puts

KAYNE ANDERSON CAPITAL ADVISORS LP Unchanged $7.8m2.0k shares
CSS LLC/IL Added $6.0m153.9k shares
Walleye Trading LLC Reduced $5.2m133.0k shares
JANE STREET GROUP, LLC Reduced $4.7m120.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.7m95.4k shares
CITADEL ADVISORS LLC Added $3.3m83.8k shares
BANK OF MONTREAL /CAN/ New $440.7k11.2k shares
WOLVERINE TRADING, LLC Reduced $407.1k10.4k shares
SpiderRock Advisors, LLC Unchanged $12.7k371.4k shares
Cutler Group LLC / CA Added $10.0k6.9k 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 9,872,3689.9m $387.1m $387.1m 0.04% Added +254.8k +254,753
2 GOLDMAN SACHS GROUP INC 0.09% of their portfolio NEW YORK, NY 8,541,7238.5m $334.9m $334.9m 0.09% Added +304.9k +304,925
3 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 6,254,2866.3m $245.2m $245.2m 0.03% Added +409.1k +409,097
4 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 4,280,5834.3m $167.8m $167.8m 0.05% Reduced -810.9k -810,864
5 Creative Planning 0.17% of their portfolio OVERLAND PARK, KS 3,348,1793.3m $131.3m $131.3m 0.17% Reduced -668.1k -668,132
6 UBS Group AG 0.05% of their portfolio ZURICH, V8 2,754,9082.8m $108.0m $108.0m 0.05% Reduced -64.1k -64,134
7 RATIONAL ADVISORS, INC. 6.37% of their portfolio San Juan, PR 1,962,4132.0m $76.9m $76.9m 6.37% Added +59.1k +59,131
8 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 1,768,3981.8m $69.3m $69.3m 0.05% Reduced -16.4k -16,390
9 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,530,8691.5m $60.0m $60.0m 0.02% Added +53.0k +53,003
10 Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio CHIYODA-KU, TOKYO, M0 1,245,0131.2m $48.8m $48.8m 0.04% Reduced -46.9k -46,877
11 RAYMOND JAMES & ASSOCIATES 0.04% of their portfolio ST PETERSBURG, FL 1,227,5321.2m $48.1m $48.1m 0.04% Reduced -198.9k -198,917
12 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,223,4341.2m $48.0m $48.0m 0.02% Reduced -76.0k -76,011
13 Allen Investment Management, LLC 0.62% of their portfolio NEW YORK, NY 1,069,9181.1m $42.0m $42.0m 0.62% Reduced -2.5k -2,525
14 TIAA, FSB 0.15% of their portfolio ST. LOUIS, MO 1,023,6941.0m $40.1m $40.1m 0.15% Reduced -17.9k -17,943
15 WOLVERINE TRADING, LLC 0.53% of their portfolio CHICAGO, IL 1,013,0551.0m $39.7m $39.7m 0.53% Reduced -10.0k -10,011
16 STEPHENS INC /AR/ 0.64% of their portfolio LITTLE ROCK, AR 905,580905.6k $35.5m $35.5m 0.64% Reduced -33.3k -33,290
17 Raymond James Financial Services Advisors, Inc. 0.06% of their portfolio ST. PETERSBURG, FL 897,151897.2k $35.2m $35.2m 0.06% Added +239.0k +239,015
18 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 881,690881.7k $34.6m $34.6m 0.05% Added +15.8k +15,754
19 DEUTSCHE BANK AG\ 0.02% of their portfolio FRANKFURT AM MAIN, 2M 824,775824.8k $32.3m $32.3m 0.02% Reduced -9.0k -8,963
20 Rockefeller Capital Management L.P. 0.12% of their portfolio NEW YORK, NY 779,846779.8k $30.6m $30.6m 0.12% First filing
21 HighTower Advisors, LLC 0.06% of their portfolio CHICAGO, IL 779,764779.8k $30.6m $30.6m 0.06% Added +13.6k +13,636
22 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 713,463713.5k $28.0m $28.0m 0.05% Added +41.4k +41,441
23 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 652,314652.3k $25.6m $25.6m 0.05% Added +18.0k +17,972
24 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 650,704650.7k $25.5m $25.5m 0.01% Reduced -18.8k -18,752
25 CHOREO, LLC 0.72% of their portfolio ROCKFORD, IL 537,799537.8k $21.1m $21.1m 0.72% Reduced -11.2k -11,221
26 CAPTRUST FINANCIAL ADVISORS 0.07% of their portfolio RALEIGH, NC 473,754473.8k $18.6m $18.6m 0.07% Added +611 +611
27 FIRST AMERICAN TRUST, FSB 2.56% of their portfolio SANTA ANA, CA 472,977473.0k $18.5m $18.5m 2.56% Added +29.3k +29,298
28 Prime Capital Investment Advisors, LLC 0.32% of their portfolio OVERLAND PARK, KS 415,780415.8k $16.3m $16.3m 0.32% Added +218.4k +218,384
29 Naviter Wealth, LLC 4.02% of their portfolio LITTLE ROCK, AR 403,163403.2k $15.8m $15.8m 4.02% Reduced -29.2k -29,220
30 Maryland State Retirement & Pension System 0.33% of their portfolio BALTIMORE, MD 399,453399.5k $15.7m $15.7m 0.33% Unchanged
31 J.P. Morgan Private Wealth Advisors LLC 0.08% of their portfolio SAN FRANCISCO, CA 384,321384.3k $15.1m $15.1m 0.08% Added +13.7k +13,655
32 Proficio Capital Partners LLC 1.99% of their portfolio NEWTON, MA 373,137373.1k $14.6m $14.6m 1.99% Added +59.4k +59,354
33 BALDWIN WEALTH PARTNERS LLC/MA 1.01% of their portfolio Marion, MA 314,338314.3k $12.3m $12.3m 1.01% Reduced -7.4k -7,395
34 SEARCY FINANCIAL SERVICES INC /ADV 7.12% of their portfolio OVERLAND PARK, KS 312,757312.8k $12.3m $12.3m 7.12% Added +12.2k +12,154
35 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.70% of their portfolio EDINA, MN 294,167294.2k $11.5m $11.5m 0.70% Reduced -13.8k -13,751
36 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 293,237293.2k $11.5m $11.5m 0.04% Reduced -3.0k -3,010
37 Summit Financial Wealth Advisors, LLC 2.61% of their portfolio Lafayette, LA 288,344288.3k $11.3m $11.3m 2.61% Added +1.6k +1,553
38 Fifth Third Securities, Inc. 1.19% of their portfolio Cincinnati, OH 277,723277.7k $10.9m $10.9m 1.19% Reduced -10.2k -10,178
39 NOVARE CAPITAL MANAGEMENT LLC 1.01% of their portfolio CHARLOTTE, NC 240,375240.4k $9.4m $9.4m 1.01% Unchanged
40 TECTONIC ADVISORS LLC 1.10% of their portfolio FRISCO, TX 228,781228.8k $9.0m $9.0m 1.10% Reduced -1.6k -1,560
41 FWL INVESTMENT MANAGEMENT, LLC 6.03% of their portfolio Dallas, TX 225,284225.3k $8.8m $8.8m 6.03% Reduced -3.0k -2,995
42 NICOLET ADVISORY SERVICES, LLC 0.88% of their portfolio GREEN BAY, WI 204,996205.0k $8.0m $8.0m 0.88% Added +3.5k +3,484
43 Bard Financial Services, Inc. 0.60% of their portfolio BRANFORD, CT 202,700202.7k $7.9m $7.9m 0.60% Added +2.6k +2,575
44 Checchi Capital Advisers, LLC 0.71% of their portfolio BEVERLY HILLS, CA 201,932201.9k $7.9m $7.9m 0.71% Added +32.4k +32,397
45 IronBridge Private Wealth, LLC 4.34% of their portfolio Austin, TX 196,815196.8k $7.7m $7.7m 4.34% Added +112.2k +112,195
46 CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.14% of their portfolio RADNOR, PA 195,911195.9k $7.7m $7.7m 0.14% Reduced -12.4k -12,369
47 MERCER GLOBAL ADVISORS INC /ADV 0.03% of their portfolio DENVER, CO 193,081193.1k $7.6m $7.6m 0.03% Reduced -1.6k -1,637
48 Crescent Grove Advisors, LLC 0.81% of their portfolio LAKE FOREST, IL 192,490192.5k $7.5m $7.5m 0.81% New
49 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 191,240191.2k $7.5m $7.5m 0.01% Reduced -65.6k -65,594
50 Advisory Services Network, LLC 0.20% of their portfolio ATLANTA, GA 190,282190.3k $7.5m $7.5m 0.20% Added +25.9k +25,943
51 Aveo Capital Partners, LLC 0.93% of their portfolio ENGLEWOOD, CO 187,863187.9k $7.4m $7.4m 0.93% Added +27.4k +27,402
52 EVERGREEN CAPITAL MANAGEMENT LLC 0.31% of their portfolio Bellevue, WA 187,835187.8k $7.4m $7.4m 0.31% Added +18.3k +18,298
53 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 179,422179.4k $7.0m $7.0m 0.01% Added +127.8k +127,784
54 WEALTH ALLIANCE, LLC 1.04% of their portfolio MELLVILLE, NY 177,963178.0k $7.0m $7.0m 1.04% Added +3.3k +3,269
55 MUHLENKAMP & CO INC 2.43% of their portfolio WEXFORD, PA 174,555174.6k $6.8m $6.8m 2.43% First filing
56 PFG Advisors 0.51% of their portfolio Phoenix, AZ 171,860171.9k $6.7m $6.7m 0.51% Added +22.1k +22,125
57 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 162,501162.5k $6.5m $6.5m 0.06% Added +2.2k +2,161
58 Elgethun Capital Management 1.84% of their portfolio SIOUX FALLS, SD 156,103156.1k $6.1m $6.1m 1.84% Added +3.1k +3,098
59 MCKINLEY CAPITAL MANAGEMENT LLC 0.79% of their portfolio ANCHORAGE, AK 151,596151.6k $5.9m $5.9m 0.79% Reduced -909 -909
60 CONGRESS ASSET MANAGEMENT CO 0.05% of their portfolio BOSTON, MA 150,447150.4k $5.9m $5.9m 0.05% Reduced -17.4k -17,418
61 CW Advisors, LLC 0.14% of their portfolio BOSTON, MA 150,247150.2k $5.9m $5.9m 0.14% Reduced -17.1k -17,135
62 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 149,079149.1k $5.8m $5.8m 0.03% Reduced -35.8k -35,759
63 Left Brain Wealth Management, LLC 3.56% of their portfolio NAPERVILLE, IL 148,865148.9k $5.8m $5.8m 3.56% Reduced -6.5k -6,459
64 SHIKIAR ASSET MANAGEMENT INC 1.78% of their portfolio NEW YORK, NY 140,955141.0k $5.5m $5.5m 1.78% Added +410 +410
65 Integrated Advisors Network LLC 0.31% of their portfolio DALLAS, TX 138,114138.1k $5.4m $5.4m 0.31% Added +25.5k +25,510
66 COMMERCE BANK 0.04% of their portfolio KANSAS CITY, MO 133,595133.6k $5.2m $5.2m 0.04% Reduced -21.5k -21,516
67 Riggs Asset Managment Co. Inc. 1.83% of their portfolio DALLAS, PA 132,542132.5k $5.2m $5.2m 1.83% Added +2.4k +2,416
68 Brick & Kyle, Associates 2.75% of their portfolio NEWTOWN, PA 130,092130.1k $5.1m $5.1m 2.75% Added +714 +714
69 BLAIR WILLIAM & CO/IL 0.02% of their portfolio CHICAGO, IL 126,648126.6k $5.0m $5.0m 0.02% Added +35.0k +34,976
70 Cetera Advisor Networks LLC 0.03% of their portfolio EL SEGUNDO, CA 125,392125.4k $4.9m $4.9m 0.03% Added +11.4k +11,376
71 Cetera Advisors LLC 0.08% of their portfolio DENVER, CO 123,600123.6k $4.8m $4.8m 0.08% Added +751 +751
72 CONTINENTAL ADVISORS LLC 3.96% of their portfolio Park City, UT 114,223114.2k $4.5m $4.5m 3.96% Reduced -4.0k -4,000
73 D.A. DAVIDSON & CO. 0.05% of their portfolio GREAT FALLS, MT 114,049114.0k $4.5m $4.5m 0.05% Added +5.3k +5,306
74 BRIGHTON JONES LLC 0.22% of their portfolio SEATTLE, WA 113,218113.2k $4.4m $4.4m 0.22% Reduced -24.6k -24,590
75 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.02% of their portfolio IRVING, TX 112,399112.4k $4.4m $4.4m 0.02% Added +58.9k +58,925
76 INDEPENDENT FINANCIAL GROUP, LLC 0.30% of their portfolio SAN DIEGO, CA 111,333111.3k $4.4m $4.4m 0.30% Reduced -332 -332
77 HERBST GROUP, LLC 3.01% of their portfolio WESTPORT, CT 111,157111.2k $4.4m $4.4m 3.01% Reduced -3.2k -3,195
78 Prospera Financial Services Inc 0.17% of their portfolio Dallas, TX 110,911110.9k $4.3m $4.3m 0.17% Reduced -1.3k -1,303
79 COWA, LLC 2.79% of their portfolio Tulsa, OK 108,199108.2k $4.2m $4.2m 2.79% Reduced -57.4k -57,372
80 Balefire, LLC 1.71% of their portfolio DALLAS, TX 106,650106.7k $4.2m $4.2m 1.71% Reduced -29.4k -29,384
81 Bullseye Investment Management, LLC 3.02% of their portfolio CINCINNATI, OH 105,832105.8k $4.1m $4.1m 3.02% Reduced -3.7k -3,734
82 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 105,576105.6k $4.1m $4.1m 0.01% Reduced -2.0k -1,970
83 HORIZON KINETICS ASSET MANAGEMENT LLC 0.09% of their portfolio NEW YORK, NY 101,812101.8k $4.0m $4.0m 0.09% Unchanged
84 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 101,300101.3k $4.0m $4.0m 0.01% Unchanged
85 Arcus Capital Partners, LLC 1.17% of their portfolio ATLANTA, GA 99,85099.8k $3.9m $3.9m 1.17% Unchanged
86 SOUTHERN FARM BUREAU LIFE INSURANCE 0.62% of their portfolio JACKSON, MS 97,82597.8k $3.8m $3.8m 0.62% Unchanged
87 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 94,50694.5k $3.7m $3.7m 0.04% Reduced -4.2k -4,234
88 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 92,93492.9k $3.6m $3.6m 0.01% Added +8.7k +8,701
89 Violich Capital Management, Inc. 0.58% of their portfolio MILL VALLEY, CA 91,90091.9k $3.6m $3.6m 0.58% Added +22.5k +22,475
90 NWAM LLC 0.30% of their portfolio MERCER ISLAND, WA 91,83591.8k $3.6m $3.6m 0.30% New
91 Golden Green, Inc. 3.82% of their portfolio Seneca, SC 89,97790.0k $3.5m $3.5m 3.82% Reduced -24.5k -24,539
92 Wealthspire Advisors, LLC 0.06% of their portfolio NEW YORK, NY 88,08788.1k $3.5m $3.5m 0.06% Added +7.7k +7,656
93 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 87,04587.0k $3.4m $3.4m 0.01% Reduced -3.1k -3,084
94 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 85,65085.7k $3.4m $3.4m 0.00% Reduced -434.6k -434,571
95 Clark Capital Management Group, Inc. 0.03% of their portfolio PHILADELPHIA, PA 84,06384.1k $3.3m $3.3m 0.03% Added +1.7k +1,674
96 PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 1.80% of their portfolio LEAWOOD, KS 83,98384.0k $3.3m $3.3m 1.80% First filing
97 NICOLET BANKSHARES INC 0.93% of their portfolio GREEN BAY, WI 83,74083.7k $3.3m $3.3m 0.93% Reduced -857 -857
98 Heartwood Wealth Advisors LLC 0.46% of their portfolio RICHMOND, VA 83,49783.5k $3.3m $3.3m 0.46% Added +5.7k +5,724
99 L & S Advisors Inc 0.43% of their portfolio Los Angeles, CA 82,08182.1k $3.2m $3.2m 0.43% Reduced -1.1k -1,084
100 White Pine Investment CO 1.11% of their portfolio LIVONIA, MI 82,03482.0k $3.2m $3.2m 1.11% Added +2.4k +2,434