Vault-13

ALPS ETF TR AMLP

ALERIAN MLP · ETP · CUSIP 00162Q452

813 institutional holders +39 vs Q4 2025
107,328,996107.3m shares reported held*
$5.6bnreported value*
99 new 346 added 223 reduced 58 sold out net bought ≈ $152.7m (+2.6m 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 ($20.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $52.51. Options: 6 managers hold calls ($384.7m notional), 8 hold puts ($17.2m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 512Q4 22: 533Q1 23: 545Q2 23: 544Q3 23: 566Q4 23: 609Q1 24: 636Q2 24: 647Q3 24: 652Q4 24: 720Q1 25: 738Q2 25: 739Q3 25: 729Q4 25: 774Q1 26: 813813Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 2025729
Q4 2025774
Q1 2026813

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q2 24: 345 bought or addedQ2 24: 218 cut or sold outQ3 24: 352 bought or addedQ3 24: 212 cut or sold outQ3 24Q4 24: 377 bought or addedQ4 24: 212 cut or sold outQ1 25: 413 bought or addedQ1 25: 245 cut or sold outQ1 25Q2 25: 394 bought or addedQ2 25: 264 cut or sold outQ3 25: 400 bought or addedQ3 25: 250 cut or sold outQ3 25Q4 25: 354 bought or addedQ4 25: 296 cut or sold outQ1 26: 445 bought or addedQ1 26: 281 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024345218
Q3 2024352212
Q4 2024377212
Q1 2025413245
Q2 2025394264
Q3 2025400250
Q4 2025354296
Q1 2026445281

Calls vs puts

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

CallsPuts
$0$100m$200m$300m$400mQ2 25 calls: $30.9mQ2 25 puts: $20.9mQ2 25P/C 0.68Q3 25 calls: $16.9mQ3 25 puts: $19.1mQ3 25P/C 1.13Q4 25 calls: $99.7mQ4 25 puts: $14.4mQ4 25P/C 0.14Q1 26 calls: $384.7mQ1 26 puts: $17.2mQ1 26P/C 0.04
Numbers
QuarterCallsPutsP/C
Q2 2025$30.9m$20.9m0.68
Q3 2025$16.9m$19.1m1.13
Q4 2025$99.7m$14.4m0.14
Q1 2026$384.7m$17.2m0.04

Biggest buyers

MORGAN STANLEY Added +1,407,145+1.4m
LPL Financial LLC Added +511,352+511.4k
Cambridge Investment Research Advisors, Inc. Added +498,826+498.8k
WELLS FARGO & COMPANY/MN Added +469,901+469.9k
Allen Investment Management, LLC Added +254,444+254.4k
JPMORGAN CHASE & CO Added +248,943+248.9k
Oxbow Advisors, LLC Added +227,096+227.1k
ENVESTNET ASSET MANAGEMENT INC Added +226,330+226.3k
US BANCORP \DE\ Added +225,035+225.0k
ARDSLEY ADVISORY PARTNERS LP New +200,000+200.0k

Biggest sellers

TIAA TRUST, NATIONAL ASSOCIATION Reduced -952,258-952.3k
ASSETMARK, INC Reduced -682,135-682.1k
GOLDMAN SACHS GROUP INC Reduced -447,606-447.6k
Thrivent Financial for Lutherans Reduced -380,892-380.9k
NOMURA ASSET MANAGEMENT CO LTD Sold out -371,900-371.9k
Quadrature Capital Ltd Reduced -329,568-329.6k
Gateway Wealth Partners, LLC Reduced -266,363-266.4k
Richard C. Young & CO., LTD. Reduced -255,136-255.1k
Nuveen, LLC Sold out -253,147-253.1k
Rockefeller Capital Management L.P. Reduced -238,827-238.8k

Biggest calls

JANE STREET GROUP, LLC Added $360.7m6.9m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $8.1m153.7k shares
Squarepoint Ops LLC Added $7.6m144.9k shares
CITADEL ADVISORS LLC Reduced $4.7m89.0k shares
Walleye Trading LLC Added $2.3m43.2k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $1.3m24.2k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.2m118.7k shares
CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT New $5.3m100.0k shares
CITADEL ADVISORS LLC Added $2.4m45.5k shares
IMC-Chicago, LLC Added $1.9m35.3k shares
JANE STREET GROUP, LLC Reduced $510.6k9.7k shares
Squarepoint Ops LLC Added $510.6k9.7k shares
GROUP ONE TRADING LLC Unchanged $379.0k7.2k shares
LuminArx Capital Management LP Reduced $1.6k2.0k 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 15,835,96115.8m $833.6m $833.6m 0.05% Added +1.4m +1,407,145
2 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 8,490,6548.5m $446.9m $446.9m 0.03% Reduced -81.5k -81,506
3 WELLS FARGO & COMPANY/MN 0.08% of their portfolio SAN FRANCISCO, CA 7,517,2527.5m $395.7m $395.7m 0.08% Added +469.9k +469,901
4 GOLDMAN SACHS GROUP INC 0.05% of their portfolio NEW YORK, NY 6,563,1176.6m $345.5m $345.5m 0.05% Reduced -447.6k -447,606
5 Allen Investment Management, LLC 2.61% of their portfolio NEW YORK, NY 4,005,5354.0m $210.9m $210.9m 2.61% Added +254.4k +254,444
6 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 3,630,0843.6m $191.1m $191.1m 0.05% Added +511.4k +511,352
7 UBS Group AG 0.03% of their portfolio ZURICH, V8 3,195,2873.2m $168.2m $168.2m 0.03% Added +113.1k +113,129
8 RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio ST. PETERSBURG, FL 2,637,9862.6m $138.9m $138.9m 0.04% Added +73.1k +73,052
9 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 2,414,2952.4m $127.1m $127.1m 0.02% Added +154.1k +154,146
10 Creative Planning 0.08% of their portfolio OVERLAND PARK, KS 2,247,0712.2m $118.3m $118.3m 0.08% Reduced -7.3k -7,346
11 US BANCORP \DE\ 0.10% of their portfolio MINNEAPOLIS, MN 1,634,5331.6m $86.0m $86.0m 0.10% Added +225.0k +225,035
12 Naviter Wealth, LLC 8.85% of their portfolio LITTLE ROCK, AR 1,345,7641.3m $70.8m $70.8m 8.85% Added +147.4k +147,441
13 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,275,2531.3m $67.2m $67.2m 0.02% Reduced -29.8k -29,792
14 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 1,024,3831.0m $53.9m $53.9m 0.05% Added +21.1k +21,071
15 STEPHENS INC /AR/ 0.67% of their portfolio LITTLE ROCK, AR 1,010,3951.0m $53.2m $53.2m 0.67% Reduced -2.5k -2,451
16 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 908,039908.0k $47.8m $47.8m 0.01% Added +226.3k +226,330
17 Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio CHIYODA-KU, TOKYO, M0 882,651882.7k $46.5m $46.5m 0.03% Added +56.5k +56,516
18 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 863,290863.3k $45.4m $45.4m 0.07% Reduced -5.6k -5,596
19 Cambridge Investment Research Advisors, Inc. 0.11% of their portfolio FAIRFIELD, IA 797,815797.8k $42.0m $42.0m 0.11% Added +498.8k +498,826
20 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 784,184784.2k $41.3m $41.3m 0.04% Added +31.5k +31,547
21 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 747,184747.2k $39.3m $39.3m 0.05% Reduced -16.4k -16,358
22 Proficio Capital Partners LLC 1.72% of their portfolio NEWTON, MA 610,337610.3k $32.1m $32.1m 1.72% Reduced -108.0k -108,043
23 TIAA Wealth Investment Management LLC 0.25% of their portfolio New York, NY 602,832602.8k $32.1m $32.1m 0.25% First filing
24 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 560,656560.7k $29.5m $29.5m 0.05% Reduced -238.8k -238,827
25 NewEdge Advisors, LLC 0.11% of their portfolio NEW ORLEANS, LA 557,518557.5k $29.3m $29.3m 0.11% Added +153.4k +153,401
26 Janney Montgomery Scott LLC 0.07% of their portfolio PHILADELPHIA, PA 549,908549.9k $28.9m $28.9m 0.07% Added +52.9k +52,941
27 CAPTRUST FINANCIAL ADVISORS 0.05% of their portfolio RALEIGH, NC 538,203538.2k $28.3m $28.3m 0.05% Added +96.3k +96,272
28 BLAIR WILLIAM & CO/IL 0.08% of their portfolio CHICAGO, IL 534,883534.9k $28.2m $28.2m 0.08% Added +4.3k +4,293
29 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 525,634525.6k $27.7m $27.7m 0.03% Added +33.6k +33,607
30 EP Wealth Advisors, LLC 0.13% of their portfolio TORRANCE, CA 514,685514.7k $27.1m $27.1m 0.13% Reduced -3.6k -3,634
31 SCHOOL EMPLOYEES RETIREMENT BOARD OF OHIO 10.88% of their portfolio COLUMBUS, OH 506,822506.8k $26.7m $26.7m 10.88% Unchanged
32 FWL INVESTMENT MANAGEMENT, LLC 5.48% of their portfolio Dallas, TX 474,255474.3k $25.0m $25.0m 5.48% Added +81.9k +81,859
33 Oxbow Advisors, LLC 2.03% of their portfolio Austin, TX 453,356453.4k $23.9m $23.9m 2.03% Added +227.1k +227,096
34 SPIREPOINT PRIVATE CLIENT, LLC 2.13% of their portfolio VERO BEACH, FL 424,860424.9k $22.4m $22.4m 2.13% Added +51.5k +51,454
35 Aprio Wealth Management, LLC 1.18% of their portfolio ATLANTA, GA 410,468410.5k $21.6m $21.6m 1.18% Added +22.9k +22,928
36 CHOREO, LLC 0.25% of their portfolio ROCKFORD, IL 393,535393.5k $20.7m $20.7m 0.25% Reduced -14.7k -14,669
37 TRUE Private Wealth Advisors 1.92% of their portfolio Salem, OR 383,010383.0k $20.2m $20.2m 1.92% Added +29.0k +28,979
38 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.04% of their portfolio PLYMOUTH, MN 374,509374.5k $19.6m $19.6m 0.04% Reduced -59.7k -59,686
39 D.A. DAVIDSON & CO. 0.12% of their portfolio GREAT FALLS, MT 366,812366.8k $19.3m $19.3m 0.12% Added +37.4k +37,393
40 FIRST AMERICAN TRUST, FSB 1.28% of their portfolio SANTA ANA, CA 361,588361.6k $19.0m $19.0m 1.28% Reduced -664 -664
41 Violich Capital Management, Inc. 2.08% of their portfolio MILL VALLEY, CA 337,595337.6k $17.8m $17.8m 2.08% Added +1.8k +1,780
42 RS CRUM INC. 3.39% of their portfolio Newport Beach, CA 333,012333.0k $17.5m $17.5m 3.39% Added +9.7k +9,653
43 Focus Partners Wealth 0.02% of their portfolio ST LOUIS, MO 319,667319.7k $16.8m $16.8m 0.02% Added +2.0k +1,966
44 SEARCY FINANCIAL SERVICES INC /ADV 6.05% of their portfolio OVERLAND PARK, KS 309,713309.7k $16.3m $16.3m 6.05% Reduced -66.0k -66,006
45 Checchi Capital Advisers, LLC 1.08% of their portfolio BEVERLY HILLS, CA 297,605297.6k $15.7m $15.7m 1.08% Reduced -22.5k -22,493
46 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 0.06% of their portfolio CHARLOTTE, NC 295,019295.0k $15.5m $15.5m 0.06% First filing
47 CARY STREET PARTNERS FINANCIAL LLC 0.38% of their portfolio RICHMOND, VA 294,319294.3k $15.5m $15.5m 0.38% Added +37.1k +37,081
48 WEALTH ALLIANCE, LLC 1.52% of their portfolio MELLVILLE, NY 292,167292.2k $15.4m $15.4m 1.52% Added +17.2k +17,202
49 Allworth Financial LP 0.06% of their portfolio FOLSOM, CA 286,518286.5k $15.1m $15.1m 0.06% Added +4.3k +4,343
50 North Star Investment Management Corp. 0.91% of their portfolio CHICAGO, IL 286,205286.2k $15.1m $15.1m 0.91% Added +63.2k +63,244
51 NICOLET BANKSHARES INC 0.54% of their portfolio GREEN BAY, WI 278,583278.6k $14.6m $14.6m 0.54% Added +153.3k +153,259
52 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 275,660275.7k $14.7m $14.7m 0.00% Added +248.9k +248,943
53 TECTONIC ADVISORS LLC 0.76% of their portfolio FRISCO, TX 272,698272.7k $14.4m $14.4m 0.76% Added +4.4k +4,362
54 Prospera Financial Services Inc 0.23% of their portfolio Dallas, TX 267,353267.4k $14.1m $14.1m 0.23% Reduced -41.2k -41,229
55 SOA Wealth Advisors, LLC. 0.05% of their portfolio NEW YORK, NY 261,798261.8k $261.8k $261.8k 0.05% Unchanged
56 Summit Financial Wealth Advisors, LLC 1.90% of their portfolio Lafayette, LA 254,318254.3k $13.4m $13.4m 1.90% Reduced -4.9k -4,856
57 NOVARE CAPITAL MANAGEMENT LLC 1.03% of their portfolio CHARLOTTE, NC 247,800247.8k $13.0m $13.0m 1.03% Added +300 +300
58 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 247,302247.3k $13.0m $13.0m 0.05% Added +88.5k +88,484
59 FORTEM FINANCIAL GROUP, LLC 3.25% of their portfolio PALM DESERT, CA 245,708245.7k $12.9m $12.9m 3.25% Added +3.6k +3,597
60 Hilton Capital Management, LLC 0.96% of their portfolio Garden City, NY 242,654242.7k $12.8m $12.8m 0.96% Added +4.0k +3,973
61 LEGACY FINANCIAL INDEPENDENT ADVISORS LLC 6.64% of their portfolio LOUISVILLE, KY 242,427242.4k $12.8m $12.8m 6.64% First filing
62 Truffle Hound Capital, LLC 7.74% of their portfolio BETHESDA, MD 240,000240.0k $12.6m $12.6m 7.74% Unchanged
63 STANSBERRY ASSET MANAGEMENT, LLC 1.25% of their portfolio Westlake, TX 231,837231.8k $12.2m $12.2m 1.25% Added +156.8k +156,763
64 Prime Capital Investment Advisors, LLC 0.13% of their portfolio OVERLAND PARK, KS 220,740220.7k $11.6m $11.6m 0.13% Reduced -2.9k -2,907
65 VISTA FINANCE, LLC 9.17% of their portfolio Clayton, MO 219,454219.5k $11.6m $11.6m 9.17% Reduced -1.7k -1,699
66 IronBridge Private Wealth, LLC 3.68% of their portfolio Austin, TX 216,983217.0k $11.4m $11.4m 3.68% Reduced -47.0k -47,000
67 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 216,257216.3k $11.4m $11.4m 0.05% Reduced -649 -649
68 Kera Capital Partners, Inc. 1.36% of their portfolio SACRAMENTO, CA 210,781210.8k $11.1m $11.1m 1.36% Added +56.4k +56,426
69 BALDWIN WEALTH PARTNERS LLC/MA 0.80% of their portfolio Marion, MA 208,811208.8k $11.0m $11.0m 0.80% Reduced -6.5k -6,463
70 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 203,343203.3k $10.9m $10.9m 0.01% Reduced -3.0k -2,980
71 Williams Jones Wealth Management, LLC. 0.13% of their portfolio NEW YORK, NY 200,160200.2k $10.5m $10.5m 0.13% Added +19.3k +19,255
72 Oak Harvest Investment Services 1.10% of their portfolio HOUSTON, TX 200,040200.0k $10.5m $10.5m 1.10% Added +18.4k +18,358
73 ARDSLEY ADVISORY PARTNERS LP 1.60% of their portfolio Norwalk, CT 200,000200.0k $10.5m $10.5m 1.60% New
74 Granby Capital Management, LLC 6.03% of their portfolio Miami Beach, FL 200,000200.0k $10.5m $10.5m 6.03% Unchanged
75 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 195,658195.7k $10.3m $10.3m 0.01% Added +19.7k +19,688
76 J.W. COLE ADVISORS, INC. 0.34% of their portfolio TAMPA, FL 189,901189.9k $10.0m $10.0m 0.34% Added +24.3k +24,318
77 Elgethun Capital Management 1.65% of their portfolio SIOUX FALLS, SD 189,327189.3k $10.0m $10.0m 1.65% Added +763 +763
78 Fortis Group Advisors, LLC 1.65% of their portfolio WESTWOOD, NJ 183,853183.9k $9.9m $9.9m 1.65% Added +40.8k +40,809
79 FINANCIAL MANAGEMENT NETWORK INC 1.47% of their portfolio MISSION VIEJO, CA 183,167183.2k $9.6m $9.6m 1.47% New
80 DAVENPORT & Co LLC 0.05% of their portfolio RICHMOND, VA 179,130179.1k $9.4m $9.4m 0.05% Added +16.9k +16,876
81 SHIKIAR ASSET MANAGEMENT INC 2.71% of their portfolio NEW YORK, NY 178,545178.5k $9.4m $9.4m 2.71% Reduced -5.1k -5,130
82 BARD ASSOCIATES INC 2.28% of their portfolio CHICAGO, IL 172,682172.7k $9.1m $9.1m 2.28% Added +155 +155
83 EVERGREEN CAPITAL MANAGEMENT LLC 0.19% of their portfolio Bellevue, WA 169,630169.6k $8.9m $8.9m 0.19% Added +4.6k +4,599
84 TRANSCEND CAPITAL ADVISORS, LLC 0.70% of their portfolio MADISON, NJ 165,952166.0k $8.7m $8.7m 0.70% Reduced -4.2k -4,237
85 Brick & Kyle, Associates 2.83% of their portfolio NEWTOWN, PA 162,583162.6k $8.6m $8.6m 2.83% Reduced -9.7k -9,724
86 NorthCoast Asset Management LLC 0.20% of their portfolio STAMFORD, CT 159,937159.9k $8.4m $8.4m 0.20% New
87 NWAM LLC 0.48% of their portfolio MERCER ISLAND, WA 157,549157.5k $8.3m $8.3m 0.48% Added +1.5k +1,466
88 Left Brain Wealth Management, LLC 3.20% of their portfolio NAPERVILLE, IL 154,731154.7k $8.1m $8.1m 3.20% Added +7.8k +7,770
89 Mariner, LLC 0.01% of their portfolio Overland Park, KS 153,655153.7k $8.1m $8.1m 0.01% Added +25.3k +25,277
90 Advisors Asset Management, Inc. 0.13% of their portfolio Monument, CO 151,544151.5k $8.0m $8.0m 0.13% Added +14.2k +14,172
91 Ball & Co Wealth Management Inc. 6.66% of their portfolio FRANKLIN, TN 151,234151.2k $8.0m $8.0m 6.66% Added +4.9k +4,937
92 MUHLENKAMP & CO INC 2.09% of their portfolio WEXFORD, PA 150,615150.6k $7.9m $7.9m 2.09% Reduced -25.7k -25,686
93 Steward Partners Investment Advisory, LLC 0.04% of their portfolio STAMFORD, CT 150,251150.3k $7.9m $7.9m 0.04% Added +9.7k +9,733
94 U.S. Capital Wealth Advisors, LLC 0.20% of their portfolio AUSTIN, TX 149,445149.4k $7.9m $7.9m 0.20% Added +32.9k +32,946
95 Sanctuary Advisors, LLC 0.04% of their portfolio INDIANAPOLIS, IN 147,693147.7k $7.8m $7.8m 0.04% Reduced -36.5k -36,538
96 Quadrature Capital Ltd 0.09% of their portfolio LONDON, X0 146,924146.9k $7.7m $7.7m 0.09% Reduced -329.6k -329,568
97 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 139,938139.9k $6.4m $6.4m 0.01% Reduced -171.8k -171,800
98 Advisors Preferred, LLC 1.08% of their portfolio ROCKVILLE, MD 139,680139.7k $7.4m $7.4m 1.08% New
99 Lido Advisors, LLC 0.03% of their portfolio Los Angeles, CA 137,087137.1k $7.2m $7.2m 0.03% Added +12.6k +12,576
100 Independent Advisor Alliance 0.08% of their portfolio CHARLOTTE, NC 137,037137.0k $7.2m $7.2m 0.08% Added +125.2k +125,186