Vault-13

ABRDN ETFS BCI

BBRG ALL COMD K1 · ETP · CUSIP 003261104

140 institutional holders +20 vs Q3 2024
54,344,72254.3m shares reported held*
$1.1bnreported value*
22 new 55 added 30 reduced 10 sold out net bought ≈ $202.9m (+10.2m 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 ($640.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $19.75. Options: 2 managers hold calls ($341.7k notional), 2 hold puts ($590.5k).

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 123Q4 22: 126Q1 23: 109Q2 23: 109Q3 23: 105Q4 23: 124Q1 24: 122Q2 24: 122Q3 24: 120Q4 24: 140140Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022123
Q4 2022126
Q1 2023109
Q2 2023109
Q3 2023105
Q4 2023124
Q1 2024122
Q2 2024122
Q3 2024120
Q4 2024140

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 23: 53 bought or addedQ1 23: 63 cut or sold outQ2 23: 58 bought or addedQ2 23: 59 cut or sold outQ2 23Q3 23: 53 bought or addedQ3 23: 65 cut or sold outQ4 23: 56 bought or addedQ4 23: 51 cut or sold outQ4 23Q1 24: 59 bought or addedQ1 24: 65 cut or sold outQ2 24: 51 bought or addedQ2 24: 57 cut or sold outQ2 24Q3 24: 58 bought or addedQ3 24: 48 cut or sold outQ4 24: 77 bought or addedQ4 24: 40 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 20235363
Q2 20235859
Q3 20235365
Q4 20235651
Q1 20245965
Q2 20245157
Q3 20245848
Q4 20247740

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ1 24 calls: $0Q1 24 puts: $0Q1 24P/C —Q2 24 calls: $2.0kQ2 24 puts: $0Q2 24P/C 0.00Q3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $341.7kQ4 24 puts: $590.5kQ4 24P/C 1.73
Numbers
QuarterCallsPutsP/C
Q1 2024$0$0—
Q2 2024$2.0k$00.00
Q3 2024$0$0—
Q4 2024$341.7k$590.5k1.73

Biggest buyers

WELLS FARGO & COMPANY/MN Added +6,475,563+6.5m
LOCKHEED MARTIN INVESTMENT MANAGEMENT CO New +988,100+988.1k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +504,309+504.3k
NEPC LLC Added +434,926+434.9k
BANK OF AMERICA CORP /DE/ Added +344,569+344.6k
ROYAL BANK OF CANADA Added +317,265+317.3k
Metis Global Partners, LLC Added +295,685+295.7k
ENVESTNET ASSET MANAGEMENT INC Added +265,510+265.5k
SEI INVESTMENTS CO Added +228,262+228.3k
PITCAIRN CO New +191,966+192.0k

Biggest sellers

MASON STREET ADVISORS, LLC Reduced -724,700-724.7k
Columbus Macro, LLC Sold out -108,245-108.2k
AlphaStar Capital Management, LLC Sold out -86,302-86.3k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -51,081-51.1k
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC Sold out -38,918-38.9k
MORGAN STANLEY Reduced -36,953-37.0k
Veery Capital, LLC Sold out -26,141-26.1k
Orion Porfolio Solutions, LLC Reduced -14,999-15.0k
Orion Portfolio Solutions, LLC Reduced -14,999-15.0k
SPINNAKER TRUST Sold out -13,234-13.2k

Biggest calls

CITADEL ADVISORS LLC New $341.7k17.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC New $590.5k29.9k 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, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WELLS FARGO & COMPANY/MN 0.07% of their portfolio SAN FRANCISCO, CA 15,367,54215.4m $303.5m $303.5m 0.07% Added +6.5m +6,475,563
2 SEI INVESTMENTS CO 0.25% of their portfolio OAKS, PA 9,870,3669.9m $194.9m $194.9m 0.25% Added +228.3k +228,262
3 Metis Global Partners, LLC 3.61% of their portfolio San Diego, CA 6,058,7646.1m $119.7m $119.7m 3.61% Added +295.7k +295,685
4 Cerity Partners OCIO LLC 4.00% of their portfolio New York, NY 3,053,4243.1m $60.3m $60.3m 4.00% Unchanged
5 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,008,6822.0m $39.7m $39.7m 0.00% Added +344.6k +344,569
6 NEPC LLC 1.00% of their portfolio Boston, MA 1,883,1981.9m $37.2m $37.2m 1.00% Added +434.9k +434,926
7 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 1,525,1321.5m $30.1m $30.1m 0.03% Added +504.3k +504,309
8 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,376,7651.4m $27.2m $27.2m 0.01% Added +317.3k +317,265
9 GREAT LAKES ADVISORS, LLC 0.21% of their portfolio CHICAGO, IL 1,215,5581.2m $24.0m $24.0m 0.21% Added +97.0k +97,018
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,179,2491.2m $23.3m $23.3m 0.00% Reduced -37.0k -36,953
11 LOCKHEED MARTIN INVESTMENT MANAGEMENT CO 0.78% of their portfolio BETHESDA, MD 988,100988.1k $19.5m $19.5m 0.78% New
12 MCF Advisors LLC 1.33% of their portfolio LEXINGTON, KY 961,290961.3k $19.0m $19.0m 1.33% Added +53.4k +53,417
13 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 642,195642.2k $12.7m $12.7m 0.00% Added +265.5k +265,510
14 Payne Capital Management, LLC 5.28% of their portfolio New York, NY 620,238620.2k $12.2m $12.2m 5.28% First filing
15 Cresset Asset Management, LLC 0.06% of their portfolio Chicago, IL 604,350604.4k $11.9m $11.9m 0.06% Added +7.8k +7,847
16 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 503,796503.8k $10.0m $10.0m 0.01% Added +32.7k +32,665
17 Penserra Capital Management LLC 0.16% of their portfolio ORINDA, CA 453,203453.2k $8.9m $8.9m 0.16% Added +2.8k +2,776
18 MASON STREET ADVISORS, LLC 0.78% of their portfolio MILWAUKEE, WI 304,900304.9k $6.0m $6.0m 0.78% Reduced -724.7k -724,700
19 Upper Left Wealth Management, LLC 4.61% of their portfolio TAMPA, FL 272,768272.8k $5.4m $5.4m 4.61% Added +12.5k +12,536
20 HART & PATTERSON FINANCIAL GROUP LLC 2.60% of their portfolio AMHERST, MA 270,662270.7k $5.3m $5.3m 2.60% Added +7.1k +7,142
21 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 267,834267.8k $5.3m $5.3m 0.01% Reduced -555 -555
22 Disciplina Capital Management LLC 0.83% of their portfolio NASHVILLE, TN 249,985250.0k $4.9m $4.9m 0.83% Reduced -6.5k -6,527
23 Resonant Capital Advisors, LLC 0.36% of their portfolio Madison, WI 247,752247.8k $4.9m $4.9m 0.36% Added +9.4k +9,421
24 Blue Trust, Inc. 0.06% of their portfolio BRENTWOOD, TN 231,046231.0k $4.6m $4.6m 0.06% Added +182.0k +181,982
25 PITCAIRN CO 0.22% of their portfolio CONSHOHOCKEN, PA 191,966192.0k $3.8m $3.8m 0.22% New
26 Vise Technologies, Inc. 0.31% of their portfolio NEW YORK, NY 191,194191.2k $3.8m $3.8m 0.31% Reduced -12.5k -12,489
27 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 183,873183.9k $3.6m $3.6m 0.01% Reduced -51.1k -51,081
28 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 180,447180.4k $3.6m $3.6m 0.00% Added +31.5k +31,544
29 LEAVELL INVESTMENT MANAGEMENT, INC. 0.17% of their portfolio MOBILE, AL 177,510177.5k $3.5m $3.5m 0.17% Added +42.9k +42,926
30 SigFig Wealth Management, LLC 0.12% of their portfolio SAN FRANCISCO, CA 168,548168.5k $3.3m $3.3m 0.12% Added +21.8k +21,771
31 AMERICAN FINANCIAL & TAX STRATEGIES INC 1.64% of their portfolio NEW YORK, NY 160,439160.4k $3.2m $3.2m 1.64% Reduced -1.0k -1,045
32 Aldebaran Capital, LLC 2.89% of their portfolio CARMEL, IN 153,955154.0k $3.0m $3.0m 2.89% Reduced -3.4k -3,386
33 &PARTNERS 0.03% of their portfolio NASHVILLE, TN 121,390121.4k $2.4m $2.4m 0.03% New
34 CIM, LLC 0.32% of their portfolio ALBANY, NY 113,500113.5k $2.2m $2.2m 0.32% New
35 Fullerton Fund Management Co Ltd. 0.08% of their portfolio SINGAPORE, U0 111,058111.1k $2.2m $2.2m 0.08% New
36 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 103,531103.5k $2.0m $2.0m 0.02% Reduced -15.0k -14,999
37 Orion Portfolio Solutions, LLC 0.02% of their portfolio Omaha, NE 103,531103.5k $2.0m $2.0m 0.02% Reduced -15.0k -14,999
38 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 102,512102.5k $2.0m $2.0m 0.01% Added +92.5k +92,543
39 K2 Financial Inc. 1.84% of their portfolio GLENDORA, CA 90,11990.1k $1.9m $1.9m 1.84% First filing
40 Manske Wealth Management 0.68% of their portfolio HOUSTON, TX 86,23886.2k $1.7m $1.7m 0.68% First filing
41 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 80,57280.6k $1.6m $1.6m 0.00% Added +12.6k +12,603
42 Avestar Capital, LLC 0.13% of their portfolio New York, NY 74,12474.1k $1.5m $1.5m 0.13% Added +15.6k +15,610
43 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 66,20066.2k $1.3m $1.3m 0.02% Added +11.8k +11,770
44 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 65,25465.3k $1.3m $1.3m 0.01% Added +5.9k +5,872
45 COHEN & STEERS, INC. 0.00% of their portfolio NEW YORK, NY 61,74361.7k $1.2m $1.2m 0.00% Added +21.4k +21,447
46 Ramiah Investment Group 1.09% of their portfolio BROOKFIELD, WI 60,63160.6k $1.2m $1.2m 1.09% Added +6.6k +6,614
47 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 60,31560.3k $1.2m $1.2m 0.00% Added +12.3k +12,279
48 Black Swift Group, LLC 0.25% of their portfolio BOULDER, CO 58,81058.8k $1.2m $1.2m 0.25% New
49 Comprehensive Money Management Services LLC 0.95% of their portfolio CORAL GABLES, FL 58,49458.5k $1.2m $1.2m 0.95% First filing
50 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 48,98249.0k $967.4k $967.4k 0.01% New
51 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 46,43146.4k $917.0k $917.0k 0.00% Reduced -118 -118
52 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 42,66942.7k $843.0k $843.0k 0.01% New
53 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 41,74741.7k $824.0k $824.0k 0.00% Added +1.7k +1,669
54 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 41,33841.3k $816.4k $816.4k 0.00% First filing
55 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 41,12341.1k $812.2k $812.2k 0.00% New
56 Boston Standard Wealth Management, LLC 0.15% of their portfolio WINCHESTER, MA 40,04740.0k $791.0k $791.0k 0.15% Added +9.1k +9,135
57 Csenge Advisory Group 0.04% of their portfolio CLEARWATER, FL 39,64939.6k $783.1k $783.1k 0.04% Added +1.2k +1,215
58 Rock Creek Group LLC 0.08% of their portfolio Washington, DC 38,83238.8k $783.6k $783.6k 0.08% Unchanged
59 Aspen Investment Management Inc 0.36% of their portfolio GRAND RAPIDS, MI 38,78738.8k $766.0k $766.0k 0.36% Reduced -2.5k -2,526
60 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.04% of their portfolio BIRMINGHAM, AL 37,19737.2k $770.3k $770.3k 0.04% Added +989 +989
61 LEUTHOLD GROUP, LLC 0.09% of their portfolio MINNEAPOLIS, MN 36,60936.6k $723.0k $723.0k 0.09% Reduced -3.3k -3,320
62 Walkner Condon Financial Advisors LLC 0.14% of their portfolio MADISON, WI 35,58435.6k $702.7k $702.7k 0.14% Reduced -32 -32
63 EXENCIAL WEALTH ADVISORS, LLC 0.02% of their portfolio OKLAHOMA CITY, OK 33,69633.7k $665.5k $665.5k 0.02% Added +1.1k +1,147
64 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 32,83532.8k $648.5k $648.5k 0.01% New
65 CAHILL FINANCIAL ADVISORS INC 0.09% of their portfolio EDINA, MN 32,42932.4k $640.5k $640.5k 0.09% Reduced -2.6k -2,567
66 Perigon Wealth Management, LLC 0.02% of their portfolio SAN FRANCISCO, CA 31,96332.0k $666.1k $666.1k 0.02% Added +1.3k +1,326
67 HOLLENCREST CAPITAL MANAGEMENT 0.03% of their portfolio NEWPORT BEACH, CA 31,44531.4k $621.0k $621.0k 0.03% Added +697 +697
68 National Philanthropic Trust 0.01% of their portfolio Jenkintown, PA 31,44531.4k $621.0k $621.0k 0.01% Added +697 +697
69 Werba Rubin Papier Wealth Management 0.14% of their portfolio SAN JOSE, CA 30,98631.0k $612.0k $612.0k 0.14% Added +801 +801
70 Bruce G. Allen Investments, LLC 0.48% of their portfolio DENVER, CO 30,21330.2k $596.7k $596.7k 0.48% Added +721 +721
71 Aristides Capital LLC 0.19% of their portfolio LOUISVILLE, KY 30,00030.0k $592.5k $592.5k 0.19% New
72 CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC 0.12% of their portfolio BETHLEHEM, PA 28,82728.8k $569.3k $569.3k 0.12% Unchanged
73 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 28,50128.5k $562.9k $562.9k 0.00% Added +1.4k +1,429
74 Austin Asset Management Co Inc 0.11% of their portfolio AUSTIN, TX 28,46528.5k $562.2k $562.2k 0.11% Added +633 +633
75 Geneos Wealth Management Inc. 0.02% of their portfolio ENGLEWOOD, CO 23,63423.6k $466.8k $466.8k 0.02% Reduced -3.1k -3,066
76 MBL Wealth, LLC 0.05% of their portfolio CHARLOTTE, NC 23,34023.3k $461.0k $461.0k 0.05% Reduced -9.0k -8,951
77 Winthrop Capital Management, LLC 0.12% of their portfolio Carmel, IN 22,65422.7k $447.0k $447.0k 0.12% Unchanged
78 Faithward Advisors, LLC 0.08% of their portfolio LANCASTER, PA 22,46622.5k $443.7k $443.7k 0.08% Reduced -6.9k -6,889
79 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 22,00122.0k $434.5k $434.5k 0.00% New
80 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 21,11521.1k $417.0k $417.0k 0.00% Added +686 +686
81 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.03% of their portfolio Westlake, OH 20,99221.0k $414.6k $414.6k 0.03% Added +313 +313
82 Fund Evaluation Group, LLC 0.02% of their portfolio CINCINNATI, OH 20,78620.8k $410.5k $410.5k 0.02% Unchanged
83 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 19,06119.1k $376.5k $376.5k 0.00% New
84 IHT Wealth Management, LLC 0.01% of their portfolio Chicago, IL 19,01219.0k $375.5k $375.5k 0.01% Added +1.8k +1,753
85 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 18,78818.8k $371.1k $371.1k 0.00% Reduced -318 -318
86 Compound Planning, Inc. 0.02% of their portfolio NEW YORK, NY 17,90317.9k $353.6k $353.6k 0.02% Reduced -12.8k -12,775
87 Financial & Tax Architects, LLC 0.09% of their portfolio ST LOUIS, MO 17,83017.8k $352.1k $352.1k 0.09% Reduced -1.6k -1,607
88 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 17,80117.8k $352.0k $352.0k 0.00% New
89 COMPASS CAPITAL CORP /MA/ /ADV 0.13% of their portfolio BRAINTREE, MA 17,28617.3k $341.4k $341.4k 0.13% First filing
90 Stewardship Advisors, LLC 0.08% of their portfolio MOUNT JOY, PA 15,01015.0k $296.4k $296.4k 0.08% Added +3.1k +3,123
91 Wealth Group, Ltd. 0.19% of their portfolio RALEIGH, NC 14,93114.9k $295.0k $295.0k 0.19% Added +1.1k +1,086
92 Ancora Advisors LLC 0.01% of their portfolio Cleveland, OH 14,70014.7k $290.3k $290.3k 0.01% Added +100 +100
93 Callan Family Office, LLC 0.02% of their portfolio RADNOR, PA 13,57713.6k $268.1k $268.1k 0.02% Unchanged
94 CW Advisors, LLC 0.00% of their portfolio BOSTON, MA 12,98913.0k $256.6k $256.6k 0.00% New
95 Lifeworks Advisors, LLC 0.04% of their portfolio GRAND RAPIDS, MI 12,36212.4k $244.2k $244.2k 0.04% New
96 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 12,06312.1k $238.2k $238.2k 0.00% Added +641 +641
97 Braun-Bostich & Associates Inc. 0.16% of their portfolio CANONSBURG, PA 10,95611.0k $216.4k $216.4k 0.16% Reduced -1.7k -1,698
98 COMERICA BANK 0.00% of their portfolio DALLAS, TX 10,40110.4k $205.4k $205.4k 0.00% Added +4.2k +4,167
99 Retirement Planning Group, LLC 0.01% of their portfolio LEAWOOD, KS 10,33510.3k $204.1k $204.1k 0.01% New
100 Stark Wealth Management LLC 0.15% of their portfolio Bethlehem, PA 10,30110.3k $203.5k $203.5k 0.15% First filing