Vault-13

ALPS ETF TR SBIO

MED BREAKTHGH · ETP · CUSIP 00162Q593

38 institutional holders +2 vs Q1 2025
2,775,4492.8m shares reported held*
$74.6mreported value*
5 new 5 added 11 reduced 3 sold out net sold ≈ $3.3m (-109.2k 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. Holder counts are more reliable. Implied quarter-end price ≈ $26.89.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 45Q4 22: 49Q1 23: 41Q2 23: 43Q3 23: 38Q4 23: 36Q1 24: 39Q2 24: 40Q3 24: 39Q4 24: 37Q1 25: 36Q2 25: 3838Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202245
Q4 202249
Q1 202341
Q2 202343
Q3 202338
Q4 202336
Q1 202439
Q2 202440
Q3 202439
Q4 202437
Q1 202536
Q2 202538

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q3 23: 15 bought or addedQ3 23: 17 cut or sold outQ4 23: 12 bought or addedQ4 23: 20 cut or sold outQ4 23Q1 24: 15 bought or addedQ1 24: 13 cut or sold outQ2 24: 13 bought or addedQ2 24: 18 cut or sold outQ2 24Q3 24: 14 bought or addedQ3 24: 18 cut or sold outQ4 24: 17 bought or addedQ4 24: 15 cut or sold outQ4 24Q1 25: 9 bought or addedQ1 25: 20 cut or sold outQ2 25: 10 bought or addedQ2 25: 14 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20231517
Q4 20231220
Q1 20241513
Q2 20241318
Q3 20241418
Q4 20241715
Q1 2025920
Q2 20251014

Calls vs puts

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

CallsPuts
$0$10k$20k$30k$40kQ3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $33.0kQ4 24 puts: $6.6kQ4 24P/C 0.20Q1 25 calls: $34.2kQ1 25 puts: $5.7kQ1 25P/C 0.17Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$33.0k$6.6k0.20
Q1 2025$34.2k$5.7k0.17
Q2 2025$0$0—

Biggest buyers

GTS SECURITIES LLC Added +41,739+41.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +26,124+26.1k
Strategic Financial Services, Inc. Added +18,807+18.8k
ROYAL BANK OF CANADA Added +10,410+10.4k
Moran Wealth Management, LLC New +9,981+10.0k
CITADEL ADVISORS LLC Added +9,154+9.2k
Ally Invest Advisors Inc. New +6,665+6.7k
RAYMOND JAMES FINANCIAL INC New +2,712+2.7k
WELLS FARGO & COMPANY/MN Added +1,181+1.2k
PNC Financial Services Group, Inc. New +200+200

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -85,952-86.0k
DAVENPORT & Co LLC Reduced -62,485-62.5k
GWN SECURITIES INC. Sold out -55,500-55.5k
MORGAN STANLEY Reduced -17,018-17.0k
NTV Asset Management LLC Reduced -6,850-6.8k
LPL Financial LLC Reduced -2,175-2.2k
UBS Group AG Reduced -1,983-2.0k
EXENCIAL WEALTH ADVISORS, LLC Reduced -1,868-1.9k
COMERICA BANK Sold out -810-810
Rossby Financial, LCC Reduced -500-500

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Phoenix Financial Ltd. 0.46% of their portfolio Givatayim, L3 1,465,1731.5m $35.0m $35.0m 0.46% Unchanged
2 DAVENPORT & Co LLC 0.12% of their portfolio RICHMOND, VA 685,637685.6k $20.8m $20.8m 0.12% Reduced -62.5k -62,485
3 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 129,341129.3k $3.9m $3.9m 0.00% Added +1.2k +1,181
4 GTS SECURITIES LLC 0.09% of their portfolio NEW YORK, NY 66,62766.6k $2.0m $2.0m 0.09% Added +41.7k +41,739
5 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 53,74753.7k $1.6m $1.6m 0.00% Reduced -86.0k -85,952
6 UBS Group AG 0.00% of their portfolio ZURICH, V8 53,44953.4k $1.6m $1.6m 0.00% Reduced -2.0k -1,983
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 48,20448.2k $1.4m $1.4m 0.00% Reduced -17.0k -17,018
8 Strategic Financial Services, Inc. 0.06% of their portfolio UTICA, NY 38,03238.0k $1.1m $1.1m 0.06% Added +18.8k +18,807
9 GRIFFIN ASSET MANAGEMENT, INC. 0.11% of their portfolio New York, NY 30,13530.1k $906.2k $906.2k 0.11% Unchanged
10 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 26,12426.1k $785.5k $785.5k 0.00% New
11 Phoenix Wealth Advisors 0.33% of their portfolio CHAPEL HILL, NC 26,10626.1k $785.0k $785.0k 0.33% Reduced -312 -312
12 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 23,70623.7k $712.8k $712.8k 0.00% Added +9.2k +9,154
13 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 20,97821.0k $630.0k $630.0k 0.00% Added +10.4k +10,410
14 NTV Asset Management LLC 0.07% of their portfolio Charleston, WV 20,33620.3k $611.5k $611.5k 0.07% Reduced -6.8k -6,850
15 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 19,45919.5k $585.1k $585.1k 0.00% Reduced -2.2k -2,175
16 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 10,32410.3k $310.4k $310.4k 0.00% Reduced -344 -344
17 Moran Wealth Management, LLC 0.01% of their portfolio NAPLES, FL 9,98110.0k $300.1k $300.1k 0.01% New
18 McGuire Investment Group, LLC 0.03% of their portfolio WAKEFIELD, RI 8,3108.3k $249.9k $249.9k 0.03% Unchanged
19 Financial Advocates Investment Management 0.02% of their portfolio OLYMPIA, WA 8,0758.1k $242.8k $242.8k 0.02% Unchanged
20 EXENCIAL WEALTH ADVISORS, LLC 0.01% of their portfolio OKLAHOMA CITY, OK 7,7357.7k $232.6k $232.6k 0.01% Reduced -1.9k -1,868
21 Ally Invest Advisors Inc. 0.02% of their portfolio CHARLOTTE, NC 6,6656.7k $200.4k $200.4k 0.02% New
22 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 4,9785.0k $149.7k $149.7k 0.00% Unchanged
23 Rossby Financial, LCC 0.05% of their portfolio MELBOURNE, FL 4,6804.7k $140.7k $140.7k 0.05% Reduced -500 -500
24 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 2,7122.7k $81.6k $81.6k 0.00% New
25 AllSquare Wealth Management LLC 0.04% of their portfolio ALBANY, NY 2,0922.1k $62.9k $62.9k 0.04% Unchanged
26 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 1,0001.0k $30.1k $30.1k 0.00% Unchanged
27 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 588588 $17.7k $17.7k 0.00% Reduced -147 -147
28 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 332332 $10.0k $10.0k 0.00% Unchanged
29 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 200200 $6.0k $6.0k 0.00% New
30 Asset Dedication, LLC 0.00% of their portfolio SAN FRANCISCO, CA 167167 $5.0k $5.0k 0.00% Unchanged
31 SouthState Bank Corp 0.00% of their portfolio Winter Haven, FL 140140 $4.2k $4.2k 0.00% Unchanged
32 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 100100 $3.0k $3.0k 0.00% Unchanged
33 First Command Advisory Services, Inc. 0.00% of their portfolio FORT WORTH, TX 100100 $3.0k $3.0k 0.00% Unchanged
34 Salomon & Ludwin, LLC 0.00% of their portfolio RICHMOND, VA 100100 $3.1k $3.1k 0.00% Unchanged
35 PENSION & WEALTH MANAGEMENT ADVISORS, INC. 0.00% of their portfolio WALTHAM, MA 8989 $2.7k $2.7k 0.00% Unchanged
36 CWM, LLC 0.00% of their portfolio OMAHA, NE 1515 $0 $0 0.00% Unchanged
37 ALBION FINANCIAL GROUP /UT 0.00% of their portfolio SALT LAKE CITY, UT 1212 $361 $361 0.00% Unchanged
38 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged