Vault-13

ADVISORS INNER CIRCLE FD III GQGU

GQG US EQUITY ET · ETP · CUSIP 00775Y256

42 institutional holders +6 vs Q1 2026
15,214,78615.2m shares reported held*
$386.7mreported value*
7 new 26 added 2 reduced 3 sold out net bought ≈ $69.2m (+2.7m 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 ≈ $25.42.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 25: 16Q4 25: 23Q1 26: 36Q2 26: 4242Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q3 202516
Q4 202523
Q1 202636
Q2 202642

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 25: 20 bought or addedQ4 25: 6 cut or sold outQ4 25Q1 26: 33 bought or addedQ1 26: 6 cut or sold outQ1 26Q2 26: 33 bought or addedQ2 26: 5 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q4 2025206
Q1 2026336
Q2 2026335

Biggest buyers

Forvis Mazars Wealth Advisors, LLC Added +859,832+859.8k
RAYMOND JAMES FINANCIAL INC Added +451,362+451.4k
Jefferies Financial Group Inc. Added +423,310+423.3k
RWA WEALTH PARTNERS, LLC Added +236,516+236.5k
Ledyard National Bank New +145,775+145.8k
MAI Capital Management New +127,375+127.4k
TECTONIC ADVISORS LLC Added +85,933+85.9k
Opal Wealth Advisors, LLC Added +67,145+67.1k
Stratos Wealth Partners, LTD. Added +59,040+59.0k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +57,748+57.7k

Biggest sellers

EVOKE WEALTH, LLC Sold out -113,266-113.3k
JANE STREET GROUP, LLC Sold out -12,801-12.8k
Mutual Advisors, LLC Reduced -9,688-9.7k
AXXCESS WEALTH MANAGEMENT, LLC Sold out -8,895-8.9k
&PARTNERS Reduced -710-710

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Forvis Mazars Wealth Advisors, LLC 13G · institution new · filed 2026-08-12 6.7% new 1.5m≈ $37.7m 2026-08-12

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TECTONIC ADVISORS LLC 3.66% of their portfolio FRISCO, TX 2,995,2123.0m $76.1m $76.1m 3.66% Added +85.9k +85,933
2 BENJAMIN EDWARDS INC 0.45% of their portfolio Clayton, MO 1,961,6632.0m $49.8m $49.8m 0.45% Added +33.6k +33,587
3 RWA WEALTH PARTNERS, LLC 0.46% of their portfolio BOSTON, MA 1,895,1921.9m $48.1m $48.1m 0.46% Added +236.5k +236,516
4 Opal Wealth Advisors, LLC 8.75% of their portfolio JERICHO, NY 1,594,8631.6m $40.5m $40.5m 8.75% Added +67.1k +67,145
5 Forvis Mazars Wealth Advisors, LLC 0.63% of their portfolio Springfield, MO 1,475,9701.5m $37.5m $37.5m 0.63% Added +859.8k +859,832
6 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,255,1001.3m $31.9m $31.9m 0.01% Added +451.4k +451,362
7 Legacy Advisors, LLC 2.27% of their portfolio PLYMOUTH MEETING, PA 958,503958.5k $24.3m $24.3m 2.27% Added +409 +409
8 CAMBRIDGE ASSOCIATES LLC /MA/ /ADV 0.32% of their portfolio BOSTON, MA 875,949875.9k $22.2m $22.2m 0.32% Unchanged
9 Jefferies Financial Group Inc. 0.11% of their portfolio NEW YORK, NY 459,611459.6k $11.7m $11.7m 0.11% Added +423.3k +423,310
10 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 404,100404.1k $10.5m $10.5m 0.02% Added +57.7k +57,748
11 Ledyard National Bank 0.30% of their portfolio HANOVER, NH 145,775145.8k $3.7m $3.7m 0.30% New
12 MAI Capital Management 0.01% of their portfolio INDEPENDENCE, OH 127,375127.4k $3.2m $3.2m 0.01% New
13 NCM Capital Management, LLC 0.92% of their portfolio RAMSEY, NJ 118,119118.1k $3.0m $3.0m 0.92% Added +53.7k +53,696
14 Waverly Advisors, LLC 0.02% of their portfolio BIRMINGHAM, AL 108,647108.6k $2.8m $2.8m 0.02% Added +13.4k +13,363
15 IFP Advisors, Inc 0.05% of their portfolio TAMPA, FL 99,91299.9k $2.5m $2.5m 0.05% Added +14.2k +14,154
16 Stratos Wealth Partners, LTD. 0.02% of their portfolio BEACHWOOD, OH 83,17383.2k $2.1m $2.1m 0.02% Added +59.0k +59,040
17 Essex Financial Services, Inc. 0.10% of their portfolio ESSEX, CT 77,19077.2k $2.0m $2.0m 0.10% Added +3.6k +3,614
18 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 54,25354.3k $1.4m $1.4m 0.00% Added +25.3k +25,283
19 Weil Company, Inc. 0.23% of their portfolio SAN DIEGO, CA 52,46652.5k $1.3m $1.3m 0.23% New
20 United Advisor Group, LLC 0.13% of their portfolio CINCINNATI, OH 49,09849.1k $1.2m $1.2m 0.13% Added +628 +628
21 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 45,74845.7k $1.2m $1.2m 0.00% Added +38.2k +38,176
22 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 45,35445.4k $1.2m $1.2m 0.01% Added +31.8k +31,830
23 LANGLEY WEALTH MANAGEMENT, LLC 1.07% of their portfolio CORINTH, MS 43,35343.4k $1.1m $1.1m 1.07% First filing
24 Well Done, LLC 0.12% of their portfolio HOLLAND, MI 36,39736.4k $924.5k $924.5k 0.12% Unchanged
25 PITTENGER & ANDERSON INC 0.03% of their portfolio LINCOLN, NE 32,05032.0k $814.1k $814.1k 0.03% Added +2.8k +2,750
26 TPG Advisors LLC 0.38% of their portfolio NORTHFIELD, IL 27,48927.5k $698.2k $698.2k 0.38% Added +6.8k +6,807
27 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 27,07727.1k $687.8k $687.8k 0.00% New
28 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 20,20020.2k $513.1k $513.1k 0.00% Unchanged
29 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 16,18416.2k $411.1k $411.1k 0.00% New
30 Prostatis Group LLC 0.09% of their portfolio HANOVER, MD 15,96016.0k $405.4k $405.4k 0.09% Added +3.9k +3,882
31 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 15,13015.1k $384.0k $384.0k 0.00% New
32 SITTNER & NELSON, LLC 0.12% of their portfolio EUGENE, OR 14,47814.5k $367.7k $367.7k 0.12% Added +5.3k +5,350
33 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 12,41112.4k $315.2k $315.2k 0.00% Added +1.3k +1,346
34 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 11,82411.8k $300.3k $300.3k 0.00% Reduced -710 -710
35 CWC Advisors, LLC. 0.13% of their portfolio LAKE OSWEGO, OR 11,80611.8k $299.9k $299.9k 0.13% Added +1.3k +1,327
36 Shah Wealth Advisors, LLC 0.06% of their portfolio CHINO HILLS, CA 10,81310.8k $274.7k $274.7k 0.06% First filing
37 Mutual Advisors, LLC 0.00% of their portfolio OMAHA, NE 10,29610.3k $261.5k $261.5k 0.00% Reduced -9.7k -9,688
38 FIRST FOUNDATION ADVISORS 0.01% of their portfolio Irvine, CA 9,5849.6k $243.4k $243.4k 0.01% New
39 IHT Wealth Management, LLC 0.00% of their portfolio Chicago, IL 8,0868.1k $205.4k $205.4k 0.00% Unchanged
40 one8zero8, LLC 0.04% of their portfolio GREENSBORO, NC 8,0008.0k $203.2k $203.2k 0.04% Unchanged
41 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 300300 $7.6k $7.6k 0.00% Added +225 +225
42 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 7575 $1.9k $1.9k 0.00% Added +5 +5