Vault-13

ALPS ETF TR AMLP

ALERIAN MLP · ETP · CUSIP 00162Q452

636 institutional holders +27 vs Q4 2023
105,174,727105.2m shares reported held*
$5.0bnreported value*
70 new 245 added 193 reduced 45 sold out net bought ≈ $677.6m (+14.3m 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 ($412.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $47.44. Options: 7 managers hold calls ($18.5m notional), 8 hold puts ($17.6m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 512Q4 22: 533Q1 23: 545Q2 23: 544Q3 23: 566Q4 23: 609Q1 24: 636636Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022512
Q4 2022533
Q1 2023545
Q2 2023544
Q3 2023566
Q4 2023609
Q1 2024636

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 23Q3 23: 269 bought or addedQ3 23: 218 cut or sold outQ3 23Q4 23: 297 bought or addedQ4 23: 221 cut or sold outQ4 23Q1 24: 315 bought or addedQ1 24: 238 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022247217
Q1 2023254226
Q2 2023245231
Q3 2023269218
Q4 2023297221
Q1 2024315238

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ2 23 calls: $34.5mQ2 23 puts: $31.7mQ2 23P/C 0.92Q3 23 calls: $43.3mQ3 23 puts: $50.7mQ3 23P/C 1.17Q4 23 calls: $20.7mQ4 23 puts: $42.2mQ4 23P/C 2.04Q1 24 calls: $18.5mQ1 24 puts: $17.6mQ1 24P/C 0.95
Numbers
QuarterCallsPutsP/C
Q2 2023$34.5m$31.7m0.92
Q3 2023$43.3m$50.7m1.17
Q4 2023$20.7m$42.2m2.04
Q1 2024$18.5m$17.6m0.95

Biggest buyers

MORGAN STANLEY Added +11,399,659+11.4m
1832 Asset Management L.P. Added +703,620+703.6k
BANK OF AMERICA CORP /DE/ Added +620,235+620.2k
JPMORGAN CHASE & CO Added +461,274+461.3k
WELLS FARGO & COMPANY/MN Added +400,191+400.2k
Cetera Investment Advisers Added +364,516+364.5k
ENVESTNET ASSET MANAGEMENT INC Added +318,812+318.8k
LPL Financial LLC Added +252,086+252.1k
Orion Porfolio Solutions, LLC Added +251,483+251.5k
Orion Portfolio Solutions, LLC Added +251,483+251.5k

Biggest sellers

GOLDMAN SACHS GROUP INC Reduced -881,252-881.3k
HFG Wealth Management, LLC Reduced -598,299-598.3k
TRUIST FINANCIAL CORP Reduced -210,499-210.5k
CITADEL ADVISORS LLC Reduced -197,718-197.7k
Cetera Advisor Networks LLC Sold out -180,547-180.5k
Cambridge Investment Research Advisors, Inc. Reduced -165,595-165.6k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -152,651-152.7k
Cetera Advisors LLC Sold out -132,579-132.6k
Proficio Capital Partners LLC Reduced -120,532-120.5k
NEUBERGER BERMAN GROUP LLC Sold out -99,756-99.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $9.7m205.2k shares
Walleye Trading LLC Reduced $4.3m91.0k shares
GTS SECURITIES LLC Reduced $2.4m51.0k shares
CITADEL ADVISORS LLC Reduced $949.2k20.0k shares
Lavaca Capital LLC Reduced $901.7k19.0k shares
CSS LLC/IL Added $132.9k2.8k shares
Cutler Group LLC / CA Reduced $10.0k3.7k shares

Biggest puts

York Capital Management Global Advisors, LLC New $5.7m120.0k shares
CSS LLC/IL Added $5.6m117.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.4m70.7k shares
Walleye Trading LLC Reduced $1.4m30.3k shares
CITADEL ADVISORS LLC Reduced $783.1k16.5k shares
GTS SECURITIES LLC Reduced $730.9k15.4k shares
Cutler Group LLC / CA Reduced $1.0k2.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 32,076,66332.1m $1.5bn $1.5bn 0.04% Added +11.4m +11,399,659
2 GOLDMAN SACHS GROUP INC 0.08% of their portfolio NEW YORK, NY 7,865,5797.9m $373.3m $373.3m 0.08% Reduced -881.3k -881,252
3 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 6,216,2596.2m $295.0m $295.0m 0.03% Added +620.2k +620,235
4 WELLS FARGO & COMPANY/MN 0.07% of their portfolio SAN FRANCISCO, CA 5,346,8895.3m $253.8m $253.8m 0.07% Added +400.2k +400,191
5 UBS Group AG 0.04% of their portfolio ZURICH, V8 2,710,8412.7m $128.7m $128.7m 0.04% Reduced -30.2k -30,173
6 Creative Planning 0.13% of their portfolio OVERLAND PARK, KS 2,390,7992.4m $113.5m $113.5m 0.13% Reduced -88.4k -88,405
7 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 1,950,9032.0m $92.6m $92.6m 0.05% Added +252.1k +252,086
8 1832 Asset Management L.P. 0.17% of their portfolio TORONTO, A6 1,912,8501.9m $90.8m $90.8m 0.17% Added +703.6k +703,620
9 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,734,7391.7m $82.3m $82.3m 0.03% Added +318.8k +318,812
10 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,622,5371.6m $77.0m $77.0m 0.02% Added +145.6k +145,601
11 RAYMOND JAMES & ASSOCIATES 0.05% of their portfolio ST PETERSBURG, FL 1,437,4981.4m $68.2m $68.2m 0.05% Added +131.7k +131,689
12 RATIONAL ADVISORS, INC. 6.03% of their portfolio San Juan, PR 1,370,9261.4m $65.1m $65.1m 6.03% Reduced -89.4k -89,408
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,363,6541.4m $64.7m $64.7m 0.00% Added +461.3k +461,274
14 Allen Investment Management, LLC 0.67% of their portfolio NEW YORK, NY 1,126,4621.1m $53.5m $53.5m 0.67% Reduced -2.0k -1,956
15 Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio CHIYODA-KU, TOKYO, M0 1,067,4521.1m $50.7m $50.7m 0.03% Reduced -36.6k -36,617
16 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 1,001,7721.0m $47.5m $47.5m 0.05% Added +65.4k +65,428
17 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,000,9411.0m $47.5m $47.5m 0.01% Added +194.2k +194,183
18 TIAA TRUST, NATIONAL ASSOCIATION 0.14% of their portfolio CHARLOTTE, NC 980,836980.8k $46.6m $46.6m 0.14% Added +10.5k +10,517
19 STEPHENS INC /AR/ 0.69% of their portfolio LITTLE ROCK, AR 935,484935.5k $44.4m $44.4m 0.69% Added +18.2k +18,232
20 Ocean Park Asset Management, LLC 2.08% of their portfolio SANTA MONICA, CA 931,640931.6k $44.2m $44.2m 2.08% Unchanged
21 Raymond James Financial Services Advisors, Inc. 0.06% of their portfolio ST. PETERSBURG, FL 901,140901.1k $42.8m $42.8m 0.06% Reduced -11.2k -11,196
22 OSAIC HOLDINGS, INC. 0.09% of their portfolio SCOTTSDALE, AZ 804,961805.0k $38.2m $38.2m 0.09% Added +66.0k +66,018
23 DEUTSCHE BANK AG\ 0.02% of their portfolio FRANKFURT AM MAIN, 2M 801,826801.8k $38.1m $38.1m 0.02% Reduced -13.6k -13,642
24 HighTower Advisors, LLC 0.06% of their portfolio CHICAGO, IL 771,223771.2k $36.6m $36.6m 0.06% Added +108.0k +108,005
25 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 674,236674.2k $32.0m $32.0m 0.05% Reduced -152.7k -152,651
26 FIRST AMERICAN TRUST, FSB 3.05% of their portfolio SANTA ANA, CA 612,649612.6k $29.1m $29.1m 3.05% Added +44.0k +43,968
27 Naviter Wealth, LLC 4.66% of their portfolio LITTLE ROCK, AR 599,907599.9k $28.5m $28.5m 4.66% Added +43.6k +43,621
28 CHOREO, LLC 0.61% of their portfolio ROCKFORD, IL 497,483497.5k $23.6m $23.6m 0.61% Reduced -13.4k -13,438
29 CAPTRUST FINANCIAL ADVISORS 0.08% of their portfolio RALEIGH, NC 457,213457.2k $21.7m $21.7m 0.08% Reduced -4.2k -4,190
30 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 442,029442.0k $21.0m $21.0m 0.05% Added +364.5k +364,516
31 Prime Capital Investment Advisors, LLC 0.28% of their portfolio OVERLAND PARK, KS 429,031429.0k $20.4m $20.4m 0.28% Added +4.4k +4,395
32 Maryland State Retirement & Pension System 0.36% of their portfolio BALTIMORE, MD 399,453399.5k $18.3m $18.3m 0.36% Unchanged
33 Hilton Capital Management, LLC 1.60% of their portfolio Garden City, NY 377,234377.2k $17.9m $17.9m 1.60% Added +184.9k +184,854
34 Proficio Capital Partners LLC 1.85% of their portfolio NEWTON, MA 353,600353.6k $16.8m $16.8m 1.85% Reduced -120.5k -120,532
35 Janney Montgomery Scott LLC 0.05% of their portfolio PHILADELPHIA, PA 351,941351.9k $16.7m $16.7m 0.05% Added +9.3k +9,339
36 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 342,913342.9k $16.3m $16.3m 0.05% Added +31.3k +31,261
37 Advisors Preferred, LLC 2.62% of their portfolio ROCKVILLE, MD 327,183327.2k $15.5m $15.5m 2.62% Added +46.4k +46,381
38 SEARCY FINANCIAL SERVICES INC /ADV 7.68% of their portfolio OVERLAND PARK, KS 318,105318.1k $15.1m $15.1m 7.68% Added +2.4k +2,426
39 ALLEN WEALTH MANAGEMENT, LLC 13.17% of their portfolio Boone, NC 314,477314.5k $14.9m $14.9m 13.17% Added +11.9k +11,906
40 Summit Financial Wealth Advisors, LLC 2.90% of their portfolio Lafayette, LA 302,093302.1k $14.3m $14.3m 2.90% Added +8.2k +8,207
41 BALDWIN WEALTH PARTNERS LLC/MA 1.07% of their portfolio Marion, MA 299,963300.0k $14.2m $14.2m 1.07% Reduced -4.8k -4,763
42 Householder Group Estate & Retirement Specialist, LLC 4.24% of their portfolio SCOTTSDALE, AZ 299,939299.9k $14.2m $14.2m 4.24% Added +618 +618
43 Orion Porfolio Solutions, LLC 0.15% of their portfolio OMAHA, NE 289,528289.5k $13.7m $13.7m 0.15% Added +251.5k +251,483
44 Orion Portfolio Solutions, LLC 0.15% of their portfolio Omaha, NE 289,528289.5k $13.7m $13.7m 0.15% Added +251.5k +251,483
45 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 282,598282.6k $13.4m $13.4m 0.03% Added +10.5k +10,509
46 IronBridge Private Wealth, LLC 4.93% of their portfolio Austin, TX 250,051250.1k $11.9m $11.9m 4.93% Added +16.6k +16,635
47 NOVARE CAPITAL MANAGEMENT LLC 1.03% of their portfolio CHARLOTTE, NC 240,375240.4k $11.4m $11.4m 1.03% Unchanged
48 Checchi Capital Advisers, LLC 0.87% of their portfolio BEVERLY HILLS, CA 235,043235.0k $11.2m $11.2m 0.87% Added +19.0k +18,956
49 FORTEM FINANCIAL GROUP, LLC 4.84% of their portfolio PALM DESERT, CA 232,475232.5k $11.0m $11.0m 4.84% Added +225.9k +225,918
50 Prospera Financial Services Inc 0.33% of their portfolio Dallas, TX 232,041232.0k $11.0m $11.0m 0.33% Added +12.3k +12,256
51 TECTONIC ADVISORS LLC 0.84% of their portfolio FRISCO, TX 230,701230.7k $10.9m $10.9m 0.84% Added +6.5k +6,463
52 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 229,824229.8k $10.9m $10.9m 0.04% Reduced -165.6k -165,595
53 WEALTH ALLIANCE, LLC 1.32% of their portfolio MELLVILLE, NY 212,662212.7k $10.1m $10.1m 1.32% Added +25.2k +25,219
54 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 212,553212.6k $10.1m $10.1m 0.02% Added +180.7k +180,657
55 Fifth Third Securities, Inc. 0.98% of their portfolio Cincinnati, OH 212,266212.3k $10.1m $10.1m 0.98% Reduced -28.7k -28,651
56 Violich Capital Management, Inc. 1.43% of their portfolio MILL VALLEY, CA 210,455210.5k $10.0m $10.0m 1.43% Added +111.7k +111,655
57 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.54% of their portfolio EDINA, MN 198,223198.2k $9.4m $9.4m 0.54% Reduced -25.4k -25,427
58 Spectrum Wealth Counsel, LLC 1.15% of their portfolio INDIANAPOLIS, IN 198,051198.1k $9.4m $9.4m 1.15% Reduced -71 -71
59 Riggs Asset Managment Co. Inc. 2.70% of their portfolio DALLAS, PA 195,128195.1k $9.3m $9.3m 2.70% Added +2.9k +2,880
60 NICOLET ADVISORY SERVICES, LLC 0.91% of their portfolio GREEN BAY, WI 188,533188.5k $8.9m $8.9m 0.91% Added +560 +560
61 SPIREPOINT PRIVATE CLIENT, LLC 1.33% of their portfolio VERO BEACH, FL 184,128184.1k $8.7m $8.7m 1.33% First filing
62 MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio DENVER, CO 179,846179.8k $8.5m $8.5m 0.02% Reduced -15.8k -15,817
63 PFG Advisors 0.62% of their portfolio Phoenix, AZ 178,782178.8k $8.5m $8.5m 0.62% Reduced -24.2k -24,196
64 North Star Investment Management Corp. 0.60% of their portfolio CHICAGO, IL 178,405178.4k $8.5m $8.5m 0.60% Added +84.8k +84,843
65 Legacy Capital Wealth Partners, LLC 4.95% of their portfolio LITTLE ROCK, AR 177,838177.8k $7.0m $7.0m 4.95% New
66 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 175,866175.9k $8.3m $8.3m 0.06% Added +6.3k +6,267
67 MUHLENKAMP & CO INC 2.41% of their portfolio WEXFORD, PA 174,555174.6k $8.3m $8.3m 2.41% Unchanged
68 Bullseye Investment Management, LLC 4.81% of their portfolio CINCINNATI, OH 174,321174.3k $8.3m $8.3m 4.81% Reduced -2.3k -2,339
69 SHIKIAR ASSET MANAGEMENT INC 2.24% of their portfolio NEW YORK, NY 161,630161.6k $7.7m $7.7m 2.24% Added +8.2k +8,235
70 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 160,975161.0k $7.6m $7.6m 0.02% Added +106.7k +106,670
71 Elgethun Capital Management 1.91% of their portfolio SIOUX FALLS, SD 159,631159.6k $7.6m $7.6m 1.91% Reduced -1.1k -1,098
72 Lake Hills Wealth Management, LLC 6.81% of their portfolio AUSTIN, TX 159,576159.6k $7.6m $7.6m 6.81% Reduced -13.7k -13,741
73 EVERGREEN CAPITAL MANAGEMENT LLC 0.28% of their portfolio Bellevue, WA 158,693158.7k $7.5m $7.5m 0.28% Reduced -30.0k -30,000
74 MCKINLEY CAPITAL MANAGEMENT LLC 0.90% of their portfolio ANCHORAGE, AK 158,102158.1k $7.5m $7.5m 0.90% Reduced -598 -598
75 CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.13% of their portfolio RADNOR, PA 145,074145.1k $6.9m $6.9m 0.13% Reduced -15.9k -15,917
76 COWA, LLC 4.03% of their portfolio Tulsa, OK 143,861143.9k $6.8m $6.8m 4.03% Added +9.6k +9,649
77 Left Brain Wealth Management, LLC 3.20% of their portfolio NAPERVILLE, IL 139,380139.4k $6.6m $6.6m 3.20% Reduced -4.5k -4,459
78 Madison Park Capital Advisors, LLC 5.64% of their portfolio SEATTLE, WA 136,175136.2k $6.5m $6.5m 5.64% Added +5.3k +5,287
79 Brick & Kyle, Associates 2.89% of their portfolio NEWTOWN, PA 135,481135.5k $6.5m $6.5m 2.89% Reduced -884 -884
80 BLAIR WILLIAM & CO/IL 0.02% of their portfolio CHICAGO, IL 134,694134.7k $6.4m $6.4m 0.02% Added +2.9k +2,919
81 SCS Capital Management LLC 0.07% of their portfolio BOSTON, MA 129,030129.0k $6.1m $6.1m 0.07% Unchanged
82 FWL INVESTMENT MANAGEMENT, LLC 3.37% of their portfolio Dallas, TX 128,765128.8k $6.1m $6.1m 3.37% Reduced -45.4k -45,396
83 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 128,014128.0k $6.1m $6.1m 0.01% Reduced -197.7k -197,718
84 COMMERCE BANK 0.04% of their portfolio KANSAS CITY, MO 127,677127.7k $6.1m $6.1m 0.04% Reduced -4.7k -4,657
85 Advisory Services Network, LLC 0.13% of their portfolio ATLANTA, GA 124,687124.7k $5.9m $5.9m 0.13% Added +14.3k +14,334
86 INDEPENDENT FINANCIAL GROUP, LLC 0.26% of their portfolio SAN DIEGO, CA 121,401121.4k $5.8m $5.8m 0.26% Reduced -2.2k -2,202
87 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 120,467120.5k $5.7m $5.7m 0.01% Reduced -7.3k -7,282
88 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 112,670112.7k $5.3m $5.3m 0.05% Added +15.7k +15,677
89 HERBST GROUP, LLC 3.16% of their portfolio WESTPORT, CT 107,742107.7k $5.1m $5.1m 3.16% Reduced -4.7k -4,729
90 CONGRESS ASSET MANAGEMENT CO 0.04% of their portfolio BOSTON, MA 106,992107.0k $5.1m $5.1m 0.04% Reduced -6.1k -6,085
91 CW Advisors, LLC 0.09% of their portfolio BOSTON, MA 106,979107.0k $5.1m $5.1m 0.09% Reduced -6.3k -6,285
92 CIBC WORLD MARKETS CORP 0.03% of their portfolio NEW YORK, NY 104,113104.1k $4.9m $4.9m 0.03% Added +86.8k +86,821
93 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 103,701103.7k $4.9m $4.9m 0.01% Reduced -210.5k -210,499
94 Mariner, LLC 0.01% of their portfolio Overland Park, KS 102,388102.4k $4.9m $4.9m 0.01% Added +12.4k +12,443
95 MIRABELLA FINANCIAL SERVICES LLP 0.35% of their portfolio London, X0 101,860101.9k $4.8m $4.8m 0.35% New
96 Steward Partners Investment Advisory, LLC 0.05% of their portfolio STAMFORD, CT 101,216101.2k $4.8m $4.8m 0.05% Added +44.7k +44,694
97 SOUTHERN FARM BUREAU LIFE INSURANCE 0.77% of their portfolio JACKSON, MS 97,82597.8k $4.6m $4.6m 0.77% Unchanged
98 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 95,29895.3k $4.5m $4.5m 0.03% Reduced -9.9k -9,948
99 D.A. DAVIDSON & CO. 0.04% of their portfolio GREAT FALLS, MT 94,94594.9k $4.5m $4.5m 0.04% Reduced -16.0k -16,039
100 FINANCIAL MANAGEMENT NETWORK INC 1.11% of their portfolio MISSION VIEJO, CA 92,22392.2k $4.4m $4.4m 1.11% New