Vault-13

ALPS ETF TR AMLP

ALERIAN MLP · ETP · CUSIP 00162Q452

739 institutional holders +1 vs Q1 2025
108,981,694109.0m shares reported held*
$5.2bnreported value*
59 new 335 added 206 reduced 58 sold out net bought ≈ $300.1m (+9.0m 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 ($355.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $47.46. Options: 7 managers hold calls ($30.9m notional), 10 hold puts ($20.9m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 512Q4 22: 533Q1 23: 545Q2 23: 544Q3 23: 566Q4 23: 609Q1 24: 636Q2 24: 647Q3 24: 652Q4 24: 720Q1 25: 738Q2 25: 739739Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022512
Q4 2022533
Q1 2023545
Q2 2023544
Q3 2023566
Q4 2023609
Q1 2024636
Q2 2024647
Q3 2024652
Q4 2024720
Q1 2025738
Q2 2025739

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q3 23: 269 bought or addedQ3 23: 218 cut or sold outQ4 23: 297 bought or addedQ4 23: 221 cut or sold outQ4 23Q1 24: 315 bought or addedQ1 24: 238 cut or sold outQ2 24: 345 bought or addedQ2 24: 218 cut or sold outQ2 24Q3 24: 352 bought or addedQ3 24: 212 cut or sold outQ4 24: 377 bought or addedQ4 24: 212 cut or sold outQ4 24Q1 25: 413 bought or addedQ1 25: 245 cut or sold outQ2 25: 394 bought or addedQ2 25: 264 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023269218
Q4 2023297221
Q1 2024315238
Q2 2024345218
Q3 2024352212
Q4 2024377212
Q1 2025413245
Q2 2025394264

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ3 24 calls: $15.3mQ3 24 puts: $19.2mQ3 24P/C 1.25Q4 24 calls: $17.5mQ4 24 puts: $56.7mQ4 24P/C 3.24Q1 25 calls: $20.6mQ1 25 puts: $58.0mQ1 25P/C 2.82Q2 25 calls: $30.9mQ2 25 puts: $20.9mQ2 25P/C 0.68
Numbers
QuarterCallsPutsP/C
Q3 2024$15.3m$19.2m1.25
Q4 2024$17.5m$56.7m3.24
Q1 2025$20.6m$58.0m2.82
Q2 2025$30.9m$20.9m0.68

Biggest buyers

Proficio Capital Partners LLC Added +2,930,831+2.9m
ROYAL BANK OF CANADA Added +2,503,021+2.5m
Rockefeller Capital Management L.P. Added +1,179,403+1.2m
TRUE Private Wealth Advisors Added +320,547+320.5k
RS CRUM INC. New +306,313+306.3k
Thrivent Financial for Lutherans Added +301,769+301.8k
AMERIPRISE FINANCIAL INC Added +262,817+262.8k
NOMURA ASSET MANAGEMENT CO LTD Added +259,200+259.2k
GOLDMAN SACHS GROUP INC Added +223,340+223.3k
WELLS FARGO & COMPANY/MN Added +208,433+208.4k

Biggest sellers

Maryland State Retirement & Pension System Sold out -399,453-399.5k
MORGAN STANLEY Reduced -312,026-312.0k
B&D White Capital Company, LLC Sold out -304,679-304.7k
Prime Capital Investment Advisors, LLC Reduced -242,833-242.8k
FOURPATH CAPITAL MANAGEMENT, LLC Reduced -226,305-226.3k
Rokos Capital Management LLP Sold out -189,814-189.8k
LPL Financial LLC Reduced -172,610-172.6k
Cambridge Investment Research Advisors, Inc. Reduced -172,184-172.2k
JPMORGAN CHASE & CO Reduced -140,608-140.6k
UBS Group AG Reduced -118,584-118.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $21.1m431.9k shares
JANE STREET GROUP, LLC Added $3.1m63.6k shares
CITADEL ADVISORS LLC Added $2.8m57.3k shares
WOLVERINE TRADING, LLC New $2.8m56.9k shares
Walleye Trading LLC Reduced $879.5k18.0k shares
Squarepoint Ops LLC Reduced $239.4k4.9k shares
CSS LLC/IL New $14.7k300 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.5m133.0k shares
York Capital Management Global Advisors, LLC Unchanged $5.9m120.0k shares
CITADEL ADVISORS LLC Added $3.4m69.2k shares
JANE STREET GROUP, LLC Added $2.1m43.7k shares
WOLVERINE TRADING, LLC New $1.4m28.1k shares
IMC-Chicago, LLC Added $889.3k18.2k shares
GROUP ONE TRADING LLC Added $493.5k10.1k shares
Squarepoint Ops LLC Reduced $239.4k4.9k shares
Walleye Trading LLC Unchanged $19.5k400 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 14,890,71014.9m $727.6m $727.6m 0.05% Reduced -312.0k -312,026
2 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 8,453,3898.5m $413.0m $413.0m 0.03% Added +54.8k +54,835
3 GOLDMAN SACHS GROUP INC 0.06% of their portfolio NEW YORK, NY 7,549,2277.5m $368.9m $368.9m 0.06% Added +223.3k +223,340
4 WELLS FARGO & COMPANY/MN 0.08% of their portfolio SAN FRANCISCO, CA 7,270,1307.3m $355.2m $355.2m 0.08% Added +208.4k +208,433
5 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 4,306,1144.3m $210.4m $210.4m 0.02% Added +2.5m +2,503,021
6 Proficio Capital Partners LLC 1.49% of their portfolio NEWTON, MA 3,370,8313.4m $23.9m $23.9m 1.49% Added +2.9m +2,930,831
7 UBS Group AG 0.03% of their portfolio ZURICH, V8 3,275,2843.3m $160.0m $160.0m 0.03% Reduced -118.6k -118,584
8 Allen Investment Management, LLC 1.71% of their portfolio NEW YORK, NY 3,210,3143.2m $156.9m $156.9m 1.71% Added +129.8k +129,802
9 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 3,066,3603.1m $149.8m $149.8m 0.05% Reduced -172.6k -172,610
10 RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio ST. PETERSBURG, FL 2,715,7842.7m $132.7m $132.7m 0.05% Added +152.5k +152,451
11 Creative Planning 0.09% of their portfolio OVERLAND PARK, KS 2,260,3392.3m $110.4m $110.4m 0.09% Reduced -8.9k -8,863
12 Rockefeller Capital Management L.P. 0.10% of their portfolio NEW YORK, NY 1,713,3481.7m $83.7m $83.7m 0.10% Added +1.2m +1,179,403
13 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,634,8681.6m $79.9m $79.9m 0.02% Added +262.8k +262,817
14 Naviter Wealth, LLC 7.89% of their portfolio LITTLE ROCK, AR 1,311,1891.3m $64.1m $64.1m 7.89% Added +194.9k +194,949
15 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,113,6701.1m $54.4m $54.4m 0.02% Added +14.5k +14,538
16 STEPHENS INC /AR/ 0.72% of their portfolio LITTLE ROCK, AR 1,074,9331.1m $52.5m $52.5m 0.72% Added +11.5k +11,525
17 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 1,016,7281.0m $49.7m $49.7m 0.05% Reduced -92.9k -92,915
18 TIAA TRUST, NATIONAL ASSOCIATION 0.13% of their portfolio CHARLOTTE, NC 982,685982.7k $48.1m $48.1m 0.13% Added +73.2k +73,243
19 Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio CHIYODA-KU, TOKYO, M0 960,485960.5k $46.9m $46.9m 0.03% Added +24.5k +24,497
20 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 807,103807.1k $39.4m $39.4m 0.05% Reduced -74.3k -74,295
21 US BANCORP \DE\ 0.05% of their portfolio MINNEAPOLIS, MN 760,011760.0k $37.1m $37.1m 0.05% Added +194.3k +194,330
22 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 729,278729.3k $35.7m $35.7m 0.06% Added +54.0k +54,038
23 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 705,545705.5k $34.5m $34.5m 0.01% Unchanged
24 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 676,371676.4k $33.0m $33.0m 0.04% Reduced -28.9k -28,913
25 Janney Montgomery Scott LLC 0.07% of their portfolio PHILADELPHIA, PA 565,212565.2k $27.6m $27.6m 0.07% Added +26.5k +26,527
26 EP Wealth Advisors, LLC 0.17% of their portfolio TORRANCE, CA 531,882531.9k $26.0m $26.0m 0.17% Added +1.4k +1,380
27 BLAIR WILLIAM & CO/IL 0.07% of their portfolio CHICAGO, IL 531,817531.8k $26.0m $26.0m 0.07% Added +10.0k +10,001
28 NOMURA ASSET MANAGEMENT CO LTD 0.07% of their portfolio TOKYO, M0 527,100527.1k $25.8m $25.8m 0.07% Added +259.2k +259,200
29 SCHOOL EMPLOYEES RETIREMENT BOARD OF OHIO 14.15% of their portfolio COLUMBUS, OH 506,822506.8k $24.8m $24.8m 14.15% Unchanged
30 New Harbor Financial Group, LLC 5.45% of their portfolio WORCESTER, MA 486,012486.0k $23.7m $23.7m 5.45% Added +20.4k +20,352
31 NewEdge Advisors, LLC 0.11% of their portfolio NEW ORLEANS, LA 443,975444.0k $21.7m $21.7m 0.11% Added +21.2k +21,220
32 CAPTRUST FINANCIAL ADVISORS 0.05% of their portfolio RALEIGH, NC 440,177440.2k $21.5m $21.5m 0.05% Added +2.3k +2,306
33 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 429,258429.3k $21.1m $21.1m 0.03% Added +11.1k +11,140
34 CHOREO, LLC 0.28% of their portfolio ROCKFORD, IL 415,086415.1k $20.3m $20.3m 0.28% Reduced -48.8k -48,799
35 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 404,772404.8k $19.8m $19.8m 0.03% Added +49.5k +49,527
36 FIRST AMERICAN TRUST, FSB 1.48% of their portfolio SANTA ANA, CA 380,575380.6k $18.6m $18.6m 1.48% Reduced -26.6k -26,569
37 Prospera Financial Services Inc 0.31% of their portfolio Dallas, TX 341,710341.7k $16.7m $16.7m 0.31% Added +6.7k +6,684
38 SEARCY FINANCIAL SERVICES INC /ADV 6.76% of their portfolio OVERLAND PARK, KS 340,534340.5k $16.6m $16.6m 6.76% Added +6.6k +6,563
39 Enclave Advisors LLC 2.64% of their portfolio AUSTIN, TX 334,834334.8k $16.4m $16.4m 2.64% Added +25.6k +25,631
40 TRUE Private Wealth Advisors 1.81% of their portfolio Salem, OR 330,398330.4k $16.1m $16.1m 1.81% Added +320.5k +320,547
41 Thrivent Financial for Lutherans 0.04% of their portfolio Minneapolis, MN 329,183329.2k $16.1m $16.1m 0.04% Added +301.8k +301,769
42 Summit Financial Wealth Advisors, LLC 2.86% of their portfolio Lafayette, LA 326,648326.6k $16.0m $16.0m 2.86% Added +19.5k +19,460
43 ALLEN WEALTH MANAGEMENT, LLC 10.98% of their portfolio Boone, NC 321,313321.3k $15.7m $15.7m 10.98% Added +4.7k +4,665
44 Aprio Wealth Management, LLC 1.72% of their portfolio ATLANTA, GA 311,637311.6k $15.2m $15.2m 1.72% Added +150.8k +150,791
45 SPIREPOINT PRIVATE CLIENT, LLC 1.71% of their portfolio VERO BEACH, FL 309,809309.8k $15.1m $15.1m 1.71% Reduced -88 -88
46 RS CRUM INC. 3.59% of their portfolio Newport Beach, CA 306,313306.3k $15.0m $15.0m 3.59% New
47 Allworth Financial LP 0.07% of their portfolio FOLSOM, CA 289,212289.2k $14.1m $14.1m 0.07% Added +67.0k +66,989
48 Focus Partners Wealth 0.03% of their portfolio ST LOUIS, MO 284,919284.9k $13.9m $13.9m 0.03% Added +184.0k +184,007
49 TECTONIC ADVISORS LLC 0.81% of their portfolio FRISCO, TX 284,113284.1k $13.9m $13.9m 0.81% Added +23.3k +23,285
50 Checchi Capital Advisers, LLC 0.96% of their portfolio BEVERLY HILLS, CA 281,252281.3k $13.7m $13.7m 0.96% Reduced -10.1k -10,079
51 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 274,529274.5k $13.4m $13.4m 0.04% Reduced -172.2k -172,184
52 WEALTH ALLIANCE, LLC 1.49% of their portfolio MELLVILLE, NY 273,326273.3k $13.4m $13.4m 1.49% Added +2.6k +2,627
53 SOA Wealth Advisors, LLC. 0.05% of their portfolio NEW YORK, NY 261,798261.8k $261.8k $261.8k 0.05% Reduced -36.5k -36,477
54 IronBridge Private Wealth, LLC 4.40% of their portfolio Austin, TX 258,241258.2k $12.6m $12.6m 4.40% Added +13.9k +13,898
55 FWL INVESTMENT MANAGEMENT, LLC 3.79% of their portfolio Dallas, TX 253,365253.4k $12.4m $12.4m 3.79% Added +17.8k +17,769
56 Violich Capital Management, Inc. 1.74% of their portfolio MILL VALLEY, CA 253,290253.3k $12.4m $12.4m 1.74% Reduced -33.2k -33,250
57 Hilton Capital Management, LLC 0.98% of their portfolio Garden City, NY 252,629252.6k $12.3m $12.3m 0.98% Added +35.9k +35,903
58 NOVARE CAPITAL MANAGEMENT LLC 0.97% of their portfolio CHARLOTTE, NC 245,175245.2k $12.0m $12.0m 0.97% Added +3.8k +3,827
59 Truffle Hound Capital, LLC 7.75% of their portfolio BETHESDA, MD 240,000240.0k $11.7m $11.7m 7.75% Added +70.0k +70,000
60 FORTEM FINANCIAL GROUP, LLC 3.77% of their portfolio PALM DESERT, CA 239,428239.4k $11.7m $11.7m 3.77% Reduced -1.9k -1,908
61 Orion Porfolio Solutions, LLC 0.10% of their portfolio OMAHA, NE 234,564234.6k $11.5m $11.5m 0.10% Reduced -9.3k -9,345
62 D.A. DAVIDSON & CO. 0.08% of their portfolio GREAT FALLS, MT 229,163229.2k $11.2m $11.2m 0.08% Added +10.0k +9,985
63 Prime Capital Investment Advisors, LLC 0.15% of their portfolio OVERLAND PARK, KS 228,688228.7k $11.2m $11.2m 0.15% Reduced -242.8k -242,833
64 BALDWIN WEALTH PARTNERS LLC/MA 0.74% of their portfolio Marion, MA 223,358223.4k $10.9m $10.9m 0.74% Reduced -4.8k -4,840
65 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 216,673216.7k $10.6m $10.6m 0.06% Added +13.9k +13,926
66 CARY STREET PARTNERS FINANCIAL LLC 0.30% of their portfolio RICHMOND, VA 216,359216.4k $10.6m $10.6m 0.30% Added +96.5k +96,545
67 VISTA FINANCE, LLC 8.93% of their portfolio Clayton, MO 211,807211.8k $10.3m $10.3m 8.93% Reduced -4.4k -4,440
68 NICOLET ADVISORY SERVICES, LLC 0.88% of their portfolio GREEN BAY, WI 208,483208.5k $10.3m $10.3m 0.88% Added +9.8k +9,800
69 Riggs Asset Managment Co. Inc. 2.50% of their portfolio DALLAS, PA 207,777207.8k $10.2m $10.2m 2.50% Reduced -10.4k -10,390
70 Ball & Co Wealth Management Inc. 10.57% of their portfolio FRANKLIN, TN 202,986203.0k $9.9m $9.9m 10.57% Reduced -91.6k -91,609
71 North Star Investment Management Corp. 0.68% of their portfolio CHICAGO, IL 201,008201.0k $9.8m $9.8m 0.68% Added +1.5k +1,533
72 STANSBERRY ASSET MANAGEMENT, LLC 1.02% of their portfolio Westlake, TX 190,187190.2k $9.3m $9.3m 1.02% Added +105.7k +105,667
73 SHIKIAR ASSET MANAGEMENT INC 2.53% of their portfolio NEW YORK, NY 186,035186.0k $9.1m $9.1m 2.53% Reduced -10.3k -10,265
74 Oxbow Advisors, LLC 0.97% of their portfolio Austin, TX 181,556181.6k $8.9m $8.9m 0.97% Added +18.5k +18,475
75 Steward Partners Investment Advisory, LLC 0.07% of their portfolio STAMFORD, CT 180,719180.7k $8.8m $8.8m 0.07% Added +31.9k +31,939
76 MUHLENKAMP & CO INC 2.69% of their portfolio WEXFORD, PA 176,712176.7k $8.6m $8.6m 2.69% Added +8 +8
77 Elgethun Capital Management 1.70% of their portfolio SIOUX FALLS, SD 172,888172.9k $8.4m $8.4m 1.70% Reduced -1.1k -1,094
78 FINANCIAL MANAGEMENT NETWORK INC 1.52% of their portfolio MISSION VIEJO, CA 172,486172.5k $8.5m $8.5m 1.52% New
79 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 170,832170.8k $8.4m $8.4m 0.01% Added +26.2k +26,218
80 EVERGREEN CAPITAL MANAGEMENT LLC 0.25% of their portfolio Bellevue, WA 170,239170.2k $8.3m $8.3m 0.25% Added +5.5k +5,494
81 PFG Advisors 0.38% of their portfolio Phoenix, AZ 168,204168.2k $8.2m $8.2m 0.38% Added +327 +327
82 NWAM LLC 0.48% of their portfolio MERCER ISLAND, WA 168,151168.2k $8.3m $8.3m 0.48% Added +142.4k +142,434
83 Trivium Point Advisory, LLC 0.89% of their portfolio WILTON, CT 167,696167.7k $8.2m $8.2m 0.89% Added +50.0k +50,040
84 ORG Partners LLC 1.72% of their portfolio ROANOKE, IN 167,074167.1k $8.1m $8.1m 1.72% Reduced -6.6k -6,562
85 Williams Jones Wealth Management, LLC. 0.10% of their portfolio NEW YORK, NY 165,713165.7k $8.1m $8.1m 0.10% Added +2.9k +2,941
86 Brick & Kyle, Associates 3.51% of their portfolio NEWTOWN, PA 164,125164.1k $7.9m $7.9m 3.51% Added +2.7k +2,714
87 Advisory Services Network, LLC 0.13% of their portfolio ATLANTA, GA 159,884159.9k $8.0m $8.0m 0.13% Added +11.4k +11,355
88 Mariner, LLC 0.01% of their portfolio Overland Park, KS 153,264153.3k $7.5m $7.5m 0.01% Added +53.4k +53,354
89 Advisors Preferred, LLC 1.22% of their portfolio ROCKVILLE, MD 152,722152.7k $7.4m $7.4m 1.22% New
90 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 151,343151.3k $7.4m $7.4m 0.02% Added +24.1k +24,134
91 L & S Advisors Inc 0.73% of their portfolio Los Angeles, CA 149,919149.9k $7.3m $7.3m 0.73% Reduced -4.2k -4,164
92 COMMERCE BANK 0.04% of their portfolio KANSAS CITY, MO 149,872149.9k $7.3m $7.3m 0.04% Reduced -1.4k -1,423
93 DENALI ADVISORS LLC 0.74% of their portfolio SAN DIEGO, CA 145,193145.2k $7.1m $7.1m 0.74% Reduced -2.6k -2,647
94 Left Brain Wealth Management, LLC 2.48% of their portfolio NAPERVILLE, IL 144,150144.2k $7.0m $7.0m 2.48% Reduced -785 -785
95 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 141,189141.2k $6.9m $6.9m 0.01% Added +19.9k +19,916
96 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 140,088140.1k $6.8m $6.8m 0.01% Added +33.8k +33,819
97 NICOLET BANKSHARES INC 1.17% of their portfolio GREEN BAY, WI 138,087138.1k $6.7m $6.7m 1.17% Added +2.7k +2,661
98 Fortis Group Advisors, LLC 1.25% of their portfolio WESTWOOD, NJ 137,898137.9k $6.9m $6.9m 1.25% Added +9.4k +9,439
99 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 137,632137.6k $6.7m $6.7m 0.00% Added +2.7k +2,673
100 J.W. COLE ADVISORS, INC. 0.14% of their portfolio TAMPA, FL 137,519137.5k $6.7m $6.7m 0.14% Added +68.2k +68,220