Vault-13

EA SERIES TRUST QVAL

US QUAN VALUE · ETP · CUSIP 02072L102

43 institutional holders +3 vs Q1 2023
4,268,1494.3m shares reported held*
$147.6mreported value*
4 new 16 added 17 reduced 2 sold out net sold ≈ $9.1m (-263.1k 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 ≈ $34.57. Options: 2 managers hold calls ($30.0k notional), 0 hold puts (—).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 35Q4 22: 40Q1 23: 40Q2 23: 4343Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202235
Q4 202240
Q1 202340
Q2 202343

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 19 bought or addedQ4 22: 15 cut or sold outQ4 22Q1 23: 16 bought or addedQ1 23: 16 cut or sold outQ1 23Q2 23: 20 bought or addedQ2 23: 19 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221915
Q1 20231616
Q2 20232019

Calls vs puts

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

CallsPuts
$0$10k$20k$30kQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $11.0kQ1 23 puts: $0Q1 23P/C 0.00Q2 23 calls: $30.0kQ2 23 puts: $0Q2 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$0$0—
Q1 2023$11.0k$00.00
Q2 2023$30.0k$00.00

Biggest buyers

Waverly Advisors, LLC New +196,678+196.7k
Strid Group, LLC Added +40,363+40.4k
Private Advisor Group, LLC Added +32,345+32.3k
Stokes Family Office, LLC Added +25,241+25.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +8,198+8.2k
Almanack Investment Partners, LLC. New +7,174+7.2k
ROYAL BANK OF CANADA Added +6,558+6.6k
ONE PLUS ONE WEALTH MANAGEMENT, LLC Added +6,398+6.4k
Raymond James Financial Services Advisors, Inc. Added +3,667+3.7k
Kathleen S. Wright Associates Inc. Added +2,553+2.6k

Biggest sellers

Empowered Funds, LLC Reduced -223,500-223.5k
Tidal Investments LLC Reduced -146,132-146.1k
Gladstone Institutional Advisory LLC Reduced -121,917-121.9k
Empirical Finance, LLC Reduced -57,281-57.3k
IFP Advisors, Inc Reduced -18,547-18.5k
Kathmere Capital Management, LLC Reduced -10,899-10.9k
QUARRY HILL ADVISORS, LLC Reduced -9,644-9.6k
Cetera Advisor Networks LLC Reduced -5,229-5.2k
UBS Group AG Sold out -2,613-2.6k
LPL Financial LLC Reduced -1,570-1.6k

Biggest calls

SIMPLEX TRADING, LLC Added $30.0k1.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

None

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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Strid Group, LLC 8.20% of their portfolio NEWTOWN SQUARE, PA 1,152,7421.2m $39.9m $39.9m 8.20% Added +40.4k +40,363
2 Empirical Finance, LLC 2.22% of their portfolio NEWTOWN SQUARE, PA 827,559827.6k $28.6m $28.6m 2.22% Reduced -57.3k -57,281
3 MENLO ADVISORS LLC 5.35% of their portfolio MENLO PARK, CA 245,523245.5k $8.5m $8.5m 5.35% Reduced -905 -905
4 Silicon Hills Wealth Management, LLC 3.94% of their portfolio AUSTIN, TX 201,788201.8k $7.0m $7.0m 3.94% Added +209 +209
5 Waverly Advisors, LLC 0.30% of their portfolio BIRMINGHAM, AL 196,678196.7k $6.8m $6.8m 0.30% New
6 Empowered Funds, LLC 0.20% of their portfolio NEWTOWN SQUARE, PA 165,716165.7k $5.7m $5.7m 0.20% Reduced -223.5k -223,500
7 EA Series Trust 0.20% of their portfolio HAVERTOWN, PA 165,716165.7k $5.7m $5.7m 0.20% First filing
8 Kathmere Capital Management, LLC 0.77% of their portfolio WAYNE, PA 143,796143.8k $5.0m $5.0m 0.77% Reduced -10.9k -10,899
9 Ethos Financial Group, LLC 1.60% of their portfolio KING OF PRUSSIA, PA 140,332140.3k $4.7m $4.7m 1.60% Unchanged
10 ONE PLUS ONE WEALTH MANAGEMENT, LLC 2.47% of their portfolio JUPITER, FL 111,676111.7k $3.9m $3.9m 2.47% Added +6.4k +6,398
11 Kathleen S. Wright Associates Inc. 2.40% of their portfolio PITTSBURGH, PA 108,638108.6k $3.8m $3.8m 2.40% Added +2.6k +2,553
12 Stokes Family Office, LLC 0.40% of their portfolio NEW ORLEANS, LA 100,128100.1k $3.5m $3.5m 0.40% Added +25.2k +25,241
13 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 98,30798.3k $3.4m $3.4m 0.01% Added +3.7k +3,667
14 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 89,43189.4k $3.1m $3.1m 0.00% Added +6.6k +6,558
15 QUARRY HILL ADVISORS, LLC 2.79% of their portfolio ST PAUL, MN 89,37289.4k $3.1m $3.1m 2.79% Reduced -9.6k -9,644
16 Tidal Investments LLC 0.08% of their portfolio Milwaukee, WI 77,25077.2k $2.7m $2.7m 0.08% Reduced -146.1k -146,132
17 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 50,83750.8k $1.8m $1.8m 0.02% Added +32.3k +32,345
18 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 49,01749.0k $1.7m $1.7m 0.00% Reduced -1.6k -1,570
19 Meredith Wealth Planning 0.81% of their portfolio MARYVILLE, IL 28,83728.8k $997.8k $997.8k 0.81% Reduced -1.2k -1,231
20 Well Done, LLC 0.18% of their portfolio HOLLAND, MI 24,08024.1k $833.2k $833.2k 0.18% Reduced -42 -42
21 Financial Advocates Investment Management 0.05% of their portfolio OLYMPIA, WA 20,21920.2k $699.6k $699.6k 0.05% Added +1.7k +1,710
22 Gladstone Institutional Advisory LLC 0.04% of their portfolio Bedminster, NJ 19,72219.7k $682.4k $682.4k 0.04% Reduced -121.9k -121,917
23 Private Portfolio Partners LLC 0.17% of their portfolio PARAMUS, NJ 19,10919.1k $661.2k $661.2k 0.17% Added +172 +172
24 Lansing Street Advisors 0.37% of their portfolio AMBLER, PA 18,50018.5k $640.1k $640.1k 0.37% Reduced -951 -951
25 Warren Street Wealth Advisors, LLC 0.37% of their portfolio IRVINE, CA 16,01816.0k $554.2k $554.2k 0.37% Added +1.3k +1,316
26 Betterment LLC 0.00% of their portfolio NEW YORK, NY 14,52514.5k $503.0k $503.0k 0.00% Added +1.0k +1,021
27 BAKER BOYER NATIONAL BANK 0.17% of their portfolio WALLA WALLA, WA 13,21013.2k $456.9k $456.9k 0.17% Reduced -29 -29
28 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 12,75012.8k $441.1k $441.1k 0.00% Added +2.2k +2,179
29 Veritable, L.P. 0.01% of their portfolio Newtown Square, PA 12,07112.1k $417.7k $417.7k 0.01% Reduced -138 -138
30 9258 Wealth Management, LLC 0.06% of their portfolio BLUE ASH, OH 9,7009.7k $335.6k $335.6k 0.06% Unchanged
31 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 9,2399.2k $319.7k $319.7k 0.00% Reduced -5.2k -5,229
32 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 8,1988.2k $283.7k $283.7k 0.00% New
33 LBMC INVESTMENT ADVISORS, LLC 0.03% of their portfolio BRENTWOOD, TN 8,0008.0k $276.8k $276.8k 0.03% Unchanged
34 Almanack Investment Partners, LLC. 0.04% of their portfolio WAYNE, PA 7,1747.2k $248.2k $248.2k 0.04% New
35 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 6,1036.1k $211.2k $211.2k 0.00% Added +2.2k +2,190
36 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,0562.1k $71.1k $71.1k 0.00% Reduced -42 -42
37 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.02% of their portfolio BLUE BELL, PA 1,6701.7k $57.8k $57.8k 0.02% Added +35 +35
38 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,2111.2k $41.9k $41.9k 0.00% Reduced -19 -19
39 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,0281.0k $33.6k $33.6k 0.00% Reduced -18.5k -18,547
40 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 122122 $4.2k $4.2k 0.00% New
41 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 100100 $3.5k $3.5k 0.00% Unchanged
42 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $28 $28 0.00% Added +1 +1
43 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged