Vault-13

EA SERIES TRUST QVAL

US QUAN VALUE · ETP · CUSIP 02072L102

61 institutional holders -4 vs Q4 2024
5,188,4025.2m shares reported held*
$222.0mreported value*
6 new 29 added 14 reduced 8 sold out net bought ≈ $2.7m (+64.2k 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 ($755.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $42.78. Options: 2 managers hold calls ($83.0k notional), 0 hold puts (—).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 35Q4 22: 40Q1 23: 40Q2 23: 43Q3 23: 45Q4 23: 55Q1 24: 56Q2 24: 61Q3 24: 67Q4 24: 65Q1 25: 6161Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202235
Q4 202240
Q1 202340
Q2 202343
Q3 202345
Q4 202355
Q1 202456
Q2 202461
Q3 202467
Q4 202465
Q1 202561

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q2 23: 20 bought or addedQ2 23: 19 cut or sold outQ3 23: 27 bought or addedQ3 23: 12 cut or sold outQ3 23Q4 23: 25 bought or addedQ4 23: 17 cut or sold outQ1 24: 33 bought or addedQ1 24: 17 cut or sold outQ1 24Q2 24: 31 bought or addedQ2 24: 23 cut or sold outQ3 24: 41 bought or addedQ3 24: 18 cut or sold outQ3 24Q4 24: 39 bought or addedQ4 24: 20 cut or sold outQ1 25: 35 bought or addedQ1 25: 22 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20232019
Q3 20232712
Q4 20232517
Q1 20243317
Q2 20243123
Q3 20244118
Q4 20243920
Q1 20253522

Calls vs puts

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

CallsPuts
$0$25k$50k$75k$100kQ2 24 calls: $21.0kQ2 24 puts: $0Q2 24P/C 0.00Q3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $8.0kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $83.0kQ1 25 puts: $0Q1 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2024$21.0k$00.00
Q3 2024$0$0—
Q4 2024$8.0k$00.00
Q1 2025$83.0k$00.00

Biggest buyers

Stokes Family Office, LLC Added +101,736+101.7k
Strid Group, LLC Added +42,304+42.3k
CWM, LLC Added +33,936+33.9k
LPL Financial LLC Added +29,840+29.8k
Valley Financial Group, Inc. Added +19,553+19.6k
AQR CAPITAL MANAGEMENT LLC New +18,927+18.9k
BWM Planning, LLC Added +18,731+18.7k
RAYMOND JAMES FINANCIAL INC Added +17,578+17.6k
TWO SIGMA INVESTMENTS, LP New +16,744+16.7k
Equitable Holdings, Inc. New +13,333+13.3k

Biggest sellers

Empowered Funds, LLC Sold out -141,529-141.5k
Empirical Finance, LLC Reduced -101,202-101.2k
Lifeworks Advisors, LLC Reduced -18,310-18.3k
Belpointe Asset Management LLC Sold out -18,072-18.1k
JANE STREET GROUP, LLC Sold out -7,542-7.5k
World Investment Advisors Sold out -7,243-7.2k
Kathleen S. Wright Associates Inc. Reduced -5,730-5.7k
ONE PLUS ONE WEALTH MANAGEMENT, LLC Reduced -5,374-5.4k
AVANTAX ADVISORY SERVICES, INC. Sold out -4,981-5.0k
Breakwater Capital Group Reduced -4,266-4.3k

Biggest calls

SIMPLEX TRADING, LLC Added $83.0k2.7k 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Strid Group, LLC 9.41% of their portfolio NEWTOWN SQUARE, PA 1,421,0191.4m $60.6m $60.6m 9.41% Added +42.3k +42,304
2 Empirical Finance, LLC 1.14% of their portfolio NEWTOWN SQUARE, PA 444,428444.4k $19.0m $19.0m 1.14% Reduced -101.2k -101,202
3 MENLO ADVISORS LLC 5.88% of their portfolio MENLO PARK, CA 251,355251.4k $10.7m $10.7m 5.88% Unchanged
4 Stokes Family Office, LLC 1.16% of their portfolio NEW ORLEANS, LA 241,422241.4k $10.3m $10.3m 1.16% Added +101.7k +101,736
5 CWM, LLC 0.04% of their portfolio OMAHA, NE 224,482224.5k $9.6m $9.6m 0.04% Added +33.9k +33,936
6 Waverly Advisors, LLC 0.11% of their portfolio BIRMINGHAM, AL 217,075217.1k $9.3m $9.3m 0.11% Reduced -957 -957
7 Valley Financial Group, Inc. 5.95% of their portfolio AMBLER, PA 210,056210.1k $9.0m $9.0m 5.95% Added +19.6k +19,553
8 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 206,864206.9k $8.8m $8.8m 0.00% Added +17.6k +17,578
9 Ethos Financial Group, LLC 0.87% of their portfolio KING OF PRUSSIA, PA 203,392203.4k $9.1m $9.1m 0.87% Unchanged
10 BWM Planning, LLC 3.53% of their portfolio THE WOODLANDS, TX 195,416195.4k $8.3m $8.3m 3.53% Added +18.7k +18,731
11 Kathmere Capital Management, LLC 0.52% of their portfolio WAYNE, PA 143,470143.5k $6.1m $6.1m 0.52% Reduced -1.8k -1,839
12 Well Done, LLC 1.10% of their portfolio HOLLAND, MI 135,885135.9k $6.1m $6.1m 1.10% Reduced -2.4k -2,429
13 ONE PLUS ONE WEALTH MANAGEMENT, LLC 3.08% of their portfolio JUPITER, FL 132,559132.6k $5.7m $5.7m 3.08% Reduced -5.4k -5,374
14 One Degree Advisors Inc 2.14% of their portfolio SAN DIEGO, CA 121,996122.0k $5.2m $5.2m 2.14% Added +5.2k +5,220
15 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 119,556119.6k $5.1m $5.1m 0.00% Reduced -2.7k -2,700
16 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 113,754113.8k $4.9m $4.9m 0.00% Reduced -3.7k -3,704
17 Kathleen S. Wright Associates Inc. 1.92% of their portfolio PITTSBURGH, PA 108,714108.7k $4.6m $4.6m 1.92% Reduced -5.7k -5,730
18 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 74,04474.0k $3.2m $3.2m 0.00% Added +29.8k +29,840
19 Bowman & Co S.C. 1.33% of their portfolio Oshkosh, WI 63,68963.7k $2.7m $2.7m 1.33% Added +147 +147
20 Vestment Financial LLC 1.90% of their portfolio CHANHASSEN, MN 61,48661.5k $2.6m $2.6m 1.90% Added +7.6k +7,593
21 Stratos Wealth Advisors, LLC 0.14% of their portfolio BEACHWOOD, OH 60,70760.7k $2.6m $2.6m 0.14% Added +11.1k +11,086
22 QUARRY HILL ADVISORS, LLC 1.39% of their portfolio ST PAUL, MN 50,04050.0k $2.1m $2.1m 1.39% Added +7 +7
23 OneDigital Investment Advisors LLC 0.02% of their portfolio OVERLAND PARK, KS 49,09549.1k $2.1m $2.1m 0.02% Added +6.6k +6,630
24 Meredith Wealth Planning 0.52% of their portfolio MARYVILLE, IL 27,68827.7k $1.2m $1.2m 0.52% Added +73 +73
25 BAKER BOYER NATIONAL BANK 0.37% of their portfolio WALLA WALLA, WA 23,35923.4k $996.3k $996.3k 0.37% Added +7.2k +7,180
26 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 20,75520.8k $885.2k $885.2k 0.00% Reduced -4.0k -3,957
27 Warren Street Wealth Advisors, LLC 0.34% of their portfolio IRVINE, CA 20,57120.6k $877.4k $877.4k 0.34% Added +2.0k +2,018
28 TOWNSQUARE CAPITAL LLC 0.01% of their portfolio Lehi, UT 20,47520.5k $873.3k $873.3k 0.01% Added +2.0k +2,018
29 Financial Advocates Investment Management 0.06% of their portfolio OLYMPIA, WA 20,09520.1k $857.0k $857.0k 0.06% Added +2.1k +2,146
30 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 18,92718.9k $807.2k $807.2k 0.00% New
31 Breakwater Capital Group 0.13% of their portfolio PARAMUS, NJ 17,73317.7k $756.3k $756.3k 0.13% Reduced -4.3k -4,266
32 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 16,74416.7k $714.1k $714.1k 0.00% New
33 Lifeworks Advisors, LLC 0.12% of their portfolio GRAND RAPIDS, MI 16,54116.5k $705.5k $705.5k 0.12% Reduced -18.3k -18,310
34 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 16,21716.2k $692.0k $692.0k 0.00% Added +767 +767
35 L.K. Benson & Company, P.C. 0.43% of their portfolio TIMONIUM, MD 14,49414.5k $618.1k $618.1k 0.43% Added +6.8k +6,783
36 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 13,98114.0k $596.3k $596.3k 0.00% Added +33 +33
37 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 13,33313.3k $568.7k $568.7k 0.01% New
38 XY Planning Network, Inc. 0.36% of their portfolio BOZEMAN, MT 12,73412.7k $543.1k $543.1k 0.36% New
39 Almanack Investment Partners, LLC. 0.10% of their portfolio WAYNE, PA 11,62011.6k $495.6k $495.6k 0.10% Added +4.6k +4,600
40 Aspect Partners, LLC 0.20% of their portfolio FAIRFAX, VA 8,0778.1k $344.5k $344.5k 0.20% Reduced -1.8k -1,834
41 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 8,0758.1k $344.4k $344.4k 0.00% Added +1.9k +1,929
42 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 8,0398.0k $342.9k $342.9k 0.00% Added +1.0k +1,016
43 LBMC INVESTMENT ADVISORS, LLC 0.03% of their portfolio BRENTWOOD, TN 8,0008.0k $341.2k $341.2k 0.03% Unchanged
44 GWN SECURITIES INC. 0.02% of their portfolio Palm Beach Gardens, FL 6,6966.7k $285.5k $285.5k 0.02% New
45 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 5,4725.5k $233.4k $233.4k 0.00% Unchanged
46 Innova Wealth Partners 0.14% of their portfolio NEWTOWN, PA 5,3615.4k $228.6k $228.6k 0.14% Added +136 +136
47 LEAVELL INVESTMENT MANAGEMENT, INC. 0.01% of their portfolio MOBILE, AL 5,0365.0k $214.8k $214.8k 0.01% New
48 Moisand Fitzgerald Tamayo, LLC 0.03% of their portfolio ORLANDO, FL 4,6754.7k $199.4k $199.4k 0.03% Added +22 +22
49 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,8722.9k $122.5k $122.5k 0.00% Added +2.2k +2,214
50 SRH ADVISORS, LLC 0.03% of their portfolio SALINA, KS 2,4002.4k $102.4k $102.4k 0.03% Unchanged
51 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 1,5001.5k $64.0k $64.0k 0.00% Unchanged
52 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.01% of their portfolio BLUE BELL, PA 1,0801.1k $46.1k $46.1k 0.01% Unchanged
53 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,0761.1k $45.9k $45.9k 0.00% Reduced -71 -71
54 American Capital Advisory, LLC 0.02% of their portfolio KETCHUM, ID 905905 $38.6k $38.6k 0.02% Unchanged
55 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 431431 $18.4k $18.4k 0.00% Unchanged
56 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 200200 $8.5k $8.5k 0.00% Unchanged
57 Deane Retirement Strategies, Inc. 0.00% of their portfolio NEW ORLEANS, LA 194194 $8.3k $8.3k 0.00% Added +65 +65
58 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 157157 $6.7k $6.7k 0.00% Added +111 +111
59 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 100100 $4.3k $4.3k 0.00% Unchanged
60 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 00 $10 $10 0.00% Reduced -141 -141
61 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged