Vault-13

EA SERIES TRUST QVAL

US QUAN VALUE · ETP · CUSIP 02072L102

66 institutional holders -1 vs Q4 2025
5,551,5235.6m shares reported held*
$289.7mreported value*
7 new 27 added 17 reduced 9 sold out net sold ≈ $36.4m (-697.8k 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 ($5.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $52.18. Options: 1 managers hold calls ($30.4k notional), 0 hold puts (—).

Trends to Q1 2026

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: 61Q2 25: 60Q3 25: 62Q4 25: 67Q1 26: 6666Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202235
Q4 202240
Q1 202340
Q2 202343
Q3 202345
Q4 202355
Q1 202456
Q2 202461
Q3 202467
Q4 202465
Q1 202561
Q2 202560
Q3 202562
Q4 202567
Q1 202666

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q2 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 25Q2 25: 28 bought or addedQ2 25: 26 cut or sold outQ3 25: 32 bought or addedQ3 25: 23 cut or sold outQ3 25Q4 25: 36 bought or addedQ4 25: 19 cut or sold outQ1 26: 34 bought or addedQ1 26: 26 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20243123
Q3 20244118
Q4 20243920
Q1 20253522
Q2 20252826
Q3 20253223
Q4 20253619
Q1 20263426

Calls vs puts

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

CallsPuts
$0$20k$40k$60k$80kQ2 25 calls: $64.0kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $28.0kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $30.4kQ1 26 puts: $0Q1 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2025$64.0k$00.00
Q3 2025$28.0k$00.00
Q4 2025$0$0—
Q1 2026$30.4k$00.00

Biggest buyers

Strid Group, LLC Added +158,079+158.1k
Mariner, LLC New +57,995+58.0k
JPL Wealth Management, LLC Added +55,477+55.5k
Well Done, LLC Added +24,365+24.4k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +14,919+14.9k
Innova Wealth Partners Added +13,221+13.2k
Quantinno Capital Management LP New +12,361+12.4k
Belpointe Asset Management LLC New +12,105+12.1k
Cambridge Investment Research Advisors, Inc. New +11,007+11.0k
Valley Financial Group, Inc. Added +9,494+9.5k

Biggest sellers

Empirical Finance, LLC Reduced -996,107-996.1k
Ethos Financial Group, LLC Reduced -30,309-30.3k
Stokes Family Office, LLC Reduced -23,734-23.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -19,868-19.9k
BWM Planning, LLC Reduced -11,536-11.5k
CWM, LLC Reduced -8,204-8.2k
ROYAL BANK OF CANADA Reduced -7,069-7.1k
Roble, Belko & Company, Inc Sold out -6,725-6.7k
Lifeworks Advisors, LLC Sold out -6,320-6.3k
Foundry Financial LLC Sold out -5,169-5.2k

Biggest calls

SIMPLEX TRADING, LLC New $30.4k600 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Strid Group, LLC 11.00% of their portfolio NEWTOWN SQUARE, PA 1,702,2721.7m $88.8m $88.8m 11.00% Added +158.1k +158,079
2 Valley Financial Group, Inc. 9.24% of their portfolio AMBLER, PA 328,410328.4k $17.1m $17.1m 9.24% Added +9.5k +9,494
3 BWM Planning, LLC 3.99% of their portfolio THE WOODLANDS, TX 290,340290.3k $15.1m $15.1m 3.99% Reduced -11.5k -11,536
4 Empirical Finance, LLC 0.68% of their portfolio NEWTOWN SQUARE, PA 275,814275.8k $14.4m $14.4m 0.68% Reduced -996.1k -996,107
5 Ethos Financial Group, LLC 0.99% of their portfolio KING OF PRUSSIA, PA 260,869260.9k $13.6m $13.6m 0.99% Reduced -30.3k -30,309
6 CWM, LLC 0.03% of their portfolio OMAHA, NE 217,002217.0k $11.3m $11.3m 0.03% Reduced -8.2k -8,204
7 Stokes Family Office, LLC 1.13% of their portfolio NEW ORLEANS, LA 210,680210.7k $11.0m $11.0m 1.13% Reduced -23.7k -23,734
8 Waverly Advisors, LLC 0.08% of their portfolio BIRMINGHAM, AL 208,749208.7k $10.9m $10.9m 0.08% Added +1.9k +1,907
9 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 186,509186.5k $9.7m $9.7m 0.01% Added +14.9k +14,919
10 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 182,293182.3k $9.5m $9.5m 0.00% Reduced -1.8k -1,799
11 One Degree Advisors Inc 2.45% of their portfolio SAN DIEGO, CA 179,417179.4k $9.4m $9.4m 2.45% Added +7.6k +7,616
12 Kathmere Capital Management, LLC 0.50% of their portfolio WAYNE, PA 153,444153.4k $8.0m $8.0m 0.50% Added +1.4k +1,365
13 Well Done, LLC 1.17% of their portfolio HOLLAND, MI 152,531152.5k $8.0m $8.0m 1.17% Added +24.4k +24,365
14 Stratos Wealth Advisors, LLC 0.41% of their portfolio BEACHWOOD, OH 128,778128.8k $6.7m $6.7m 0.41% Added +7.5k +7,462
15 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 112,437112.4k $5.9m $5.9m 0.00% Reduced -7.1k -7,069
16 Stillwater Private Wealth, LLC 4.48% of their portfolio GLEN MILLS, PA 101,493101.5k $5.3m $5.3m 4.48% First filing
17 Empowered Funds, LLC 0.03% of their portfolio NEWTOWN SQUARE, PA 100,408100.4k $5.2m $5.2m 0.03% Added +1.9k +1,895
18 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 88,13988.1k $4.6m $4.6m 0.00% Added +7.4k +7,358
19 JPL Wealth Management, LLC 1.05% of their portfolio GREENWOOD VILLAGE, CO 87,95688.0k $4.6m $4.6m 1.05% Added +55.5k +55,477
20 ONE PLUS ONE WEALTH MANAGEMENT, LLC 1.49% of their portfolio JUPITER, FL 67,62767.6k $3.5m $3.5m 1.49% Reduced -4.5k -4,530
21 Vestment Financial LLC 1.69% of their portfolio CHANHASSEN, MN 64,82464.8k $3.6m $3.6m 1.69% Reduced -506 -506
22 Mariner, LLC 0.00% of their portfolio Overland Park, KS 57,99558.0k $3.0m $3.0m 0.00% New
23 QUARRY HILL ADVISORS, LLC 1.21% of their portfolio ST PAUL, MN 53,17653.2k $2.9m $2.9m 1.21% Reduced -145 -145
24 OneDigital Investment Advisors LLC 0.03% of their portfolio OVERLAND PARK, KS 50,49750.5k $2.6m $2.6m 0.03% Reduced -680 -680
25 L.K. Benson & Company, P.C. 0.65% of their portfolio TIMONIUM, MD 37,99838.0k $2.0m $2.0m 0.65% Added +4.1k +4,117
26 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 34,89234.9k $1.7m $1.7m 0.01% Added +4.9k +4,901
27 BAKER BOYER NATIONAL BANK 0.39% of their portfolio WALLA WALLA, WA 25,00625.0k $1.3m $1.3m 0.39% Reduced -325 -325
28 XY Planning Network, Inc. 0.21% of their portfolio BOZEMAN, MT 24,84524.8k $1.3m $1.3m 0.21% Added +499 +499
29 Meredith Wealth Planning 0.35% of their portfolio MARYVILLE, IL 24,84024.8k $1.3m $1.3m 0.35% Added +20 +20
30 Innova Wealth Partners 0.52% of their portfolio NEWTOWN, PA 20,95721.0k $1.1m $1.1m 0.52% Added +13.2k +13,221
31 Warren Street Wealth Advisors, LLC 0.25% of their portfolio IRVINE, CA 19,02619.0k $992.1k $992.1k 0.25% Added +726 +726
32 Independent Advisor Alliance 0.01% of their portfolio CHARLOTTE, NC 18,30218.3k $954.3k $954.3k 0.01% Added +8.8k +8,752
33 Redwood Family Wealth LLC 0.90% of their portfolio ADDISON, TX 17,50917.5k $913.0k $913.0k 0.90% Reduced -351 -351
34 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 15,60815.6k $813.8k $813.8k 0.00% Added +63 +63
35 CENTAURUS FINANCIAL, INC. 0.03% of their portfolio ANAHEIM, CA 13,31113.3k $694.0k $694.0k 0.03% Added +708 +708
36 Sankala Group LLC 0.53% of their portfolio LYONS, CO 12,53212.5k $648.0k $648.0k 0.53% Added +126 +126
37 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 12,36112.4k $644.5k $644.5k 0.00% New
38 Belpointe Asset Management LLC 0.02% of their portfolio RENO, NV 12,10512.1k $631.2k $631.2k 0.02% New
39 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 11,00711.0k $574.0k $574.0k 0.00% New
40 Aspect Partners, LLC 0.17% of their portfolio FAIRFAX, VA 8,0778.1k $421.1k $421.1k 0.17% Unchanged
41 LBMC INVESTMENT ADVISORS, LLC 0.03% of their portfolio BRENTWOOD, TN 8,0008.0k $417.1k $417.1k 0.03% Unchanged
42 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 7,4107.4k $386.4k $386.4k 0.00% Added +180 +180
43 GWN SECURITIES INC. 0.07% of their portfolio Palm Beach Gardens, FL 6,6426.6k $346.4k $346.4k 0.07% Unchanged
44 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 6,5006.5k $338.9k $338.9k 0.00% Unchanged
45 Almanack Investment Partners, LLC. 0.06% of their portfolio WAYNE, PA 6,3546.4k $331.3k $331.3k 0.06% Unchanged
46 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 6,1166.1k $318.9k $318.9k 0.00% Reduced -2.0k -1,982
47 Vise Technologies, Inc. 0.01% of their portfolio NEW YORK, NY 6,0166.0k $293.6k $293.6k 0.01% Unchanged
48 Intrepid Financial Planning Group LLC 0.11% of their portfolio CARMEL, IN 5,3005.3k $276.3k $276.3k 0.11% New
49 QUANTIFY CHAOS ADVISORS, LLC 0.82% of their portfolio BROOKLYN, NY 5,0565.1k $263.6k $263.6k 0.82% Added +21 +21
50 Moisand Fitzgerald Tamayo, LLC 0.02% of their portfolio ORLANDO, FL 4,4304.4k $231.0k $231.0k 0.02% Unchanged
51 Mill Creek Capital Advisors, LLC 0.00% of their portfolio Conshohocken, PA 4,3134.3k $224.9k $224.9k 0.00% Unchanged
52 LEAVELL INVESTMENT MANAGEMENT, INC. 0.01% of their portfolio MOBILE, AL 4,2454.2k $221.3k $221.3k 0.01% Reduced -374 -374
53 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 4,0224.0k $209.7k $209.7k 0.00% New
54 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,3173.3k $169.1k $169.1k 0.00% Added +3.2k +3,162
55 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 2,8432.8k $148.0k $148.0k 0.00% Added +340 +340
56 SRH ADVISORS, LLC 0.04% of their portfolio SALINA, KS 2,4002.4k $125.1k $125.1k 0.04% Unchanged
57 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 1,5001.5k $78.2k $78.2k 0.00% Unchanged
58 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.01% of their portfolio BLUE BELL, PA 1,0801.1k $56.3k $56.3k 0.01% Unchanged
59 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,0531.1k $54.9k $54.9k 0.00% Added +387 +387
60 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 608608 $31.7k $31.7k 0.00% Reduced -258 -258
61 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 513513 $26.3k $26.3k 0.00% New
62 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 507507 $26.4k $26.4k 0.00% Added +506 +506
63 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 200200 $10.4k $10.4k 0.00% Unchanged
64 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 100100 $5.2k $5.2k 0.00% Unchanged
65 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 2020 $1.0k $1.0k 0.00% Reduced -2 -2
66 MANNING & NAPIER ADVISORS LLC 0.00% of their portfolio Fairport, NY 00 $9 $9 0.00% Unchanged