Vault-13

EA SERIES TRUST FRDM

FREEDOM 100 EM · ETP · CUSIP 02072L607

164 institutional holders +19 vs Q1 2025
21,208,92821.2m shares reported held*
$857.0mreported value*
28 new 79 added 38 reduced 7 sold out net bought ≈ $199.1m (+4.9m 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 ≈ $40.41. Options: 1 managers hold calls ($0 notional), 0 hold puts (—).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 48Q4 22: 61Q1 23: 70Q2 23: 78Q3 23: 84Q4 23: 101Q1 24: 113Q2 24: 119Q3 24: 125Q4 24: 138Q1 25: 145Q2 25: 164164Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202248
Q4 202261
Q1 202370
Q2 202378
Q3 202384
Q4 2023101
Q1 2024113
Q2 2024119
Q3 2024125
Q4 2024138
Q1 2025145
Q2 2025164

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 60 bought or addedQ3 23: 19 cut or sold outQ4 23: 68 bought or addedQ4 23: 24 cut or sold outQ4 23Q1 24: 72 bought or addedQ1 24: 37 cut or sold outQ2 24: 72 bought or addedQ2 24: 43 cut or sold outQ2 24Q3 24: 69 bought or addedQ3 24: 48 cut or sold outQ4 24: 74 bought or addedQ4 24: 50 cut or sold outQ4 24Q1 25: 87 bought or addedQ1 25: 51 cut or sold outQ2 25: 107 bought or addedQ2 25: 45 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20236019
Q4 20236824
Q1 20247237
Q2 20247243
Q3 20246948
Q4 20247450
Q1 20258751
Q2 202510745

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $0Q4 24 puts: $2.8mQ4 24P/C —Q1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$0$2.8m—
Q1 2025$0$0—
Q2 2025$0$0—

Biggest buyers

Ellevest, Inc. Added +936,741+936.7k
WELLS FARGO & COMPANY/MN Added +879,628+879.6k
Invst, LLC New +371,681+371.7k
Tanglewood Wealth Management, Inc. Added +362,189+362.2k
First Heartland Consultants, Inc. New +362,182+362.2k
Aptus Capital Advisors, LLC Added +314,451+314.5k
ENVESTNET ASSET MANAGEMENT INC Added +300,091+300.1k
GUARDIAN WEALTH ADVISORS, LLC / NC Added +282,447+282.4k
Investment Planning Advisors, Inc. Added +215,534+215.5k
Integrated Wealth Concepts LLC Added +205,684+205.7k

Biggest sellers

Thrivent Financial for Lutherans Reduced -519,832-519.8k
Frontier Asset Management, LLC Reduced -73,477-73.5k
CITADEL ADVISORS LLC Sold out -60,097-60.1k
MORGAN STANLEY Reduced -57,719-57.7k
ROYAL BANK OF CANADA Reduced -56,035-56.0k
WCG Wealth Advisors LLC Reduced -48,622-48.6k
Strategic Blueprint, LLC Sold out -24,006-24.0k
Mariner, LLC Reduced -19,120-19.1k
Prism Advisors, Inc. Reduced -18,120-18.1k
Envestnet Portfolio Solutions, Inc. Sold out -15,843-15.8k

Biggest calls

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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Retirement Planning Group, LLC 4.10% of their portfolio LEAWOOD, KS 2,386,7712.4m $96.4m $96.4m 4.10% Added +28.3k +28,261
2 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 1,438,3881.4m $58.1m $58.1m 0.04% Added +154.3k +154,256
3 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,264,4191.3m $51.1m $51.1m 0.01% Added +879.6k +879,628
4 Ellevest, Inc. 7.35% of their portfolio NEW YORK, NY 1,140,9831.1m $46.1m $46.1m 7.35% Added +936.7k +936,741
5 Tanglewood Wealth Management, Inc. 4.41% of their portfolio HOUSTON, TX 1,107,7721.1m $44.8m $44.8m 4.41% Added +362.2k +362,189
6 Willis Johnson & Associates, Inc. 2.70% of their portfolio Houston, TX 982,672982.7k $39.7m $39.7m 2.70% Added +41.3k +41,258
7 Aptus Capital Advisors, LLC 0.26% of their portfolio FAIRHOPE, AL 658,174658.2k $26.6m $26.6m 0.26% Added +314.5k +314,451
8 GUARDIAN WEALTH ADVISORS, LLC / NC 1.77% of their portfolio RALEIGH, NC 622,371622.4k $25.1m $25.1m 1.77% Added +282.4k +282,447
9 Coyle Financial Counsel LLC 5.66% of their portfolio Glenview, IL 523,087523.1k $21.1m $21.1m 5.66% Added +27.2k +27,195
10 Kathmere Capital Management, LLC 1.62% of their portfolio WAYNE, PA 519,600519.6k $21.0m $21.0m 1.62% Added +4.0k +3,998
11 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 454,117454.1k $18.3m $18.3m 0.01% Added +64.4k +64,359
12 Intelligence Driven Advisers, LLC 2.58% of their portfolio CARLSBAD, CA 422,619422.6k $17.1m $17.1m 2.58% Added +87.1k +87,087
13 Investment Planning Advisors, Inc. 5.94% of their portfolio CUMMING, GA 416,007416.0k $16.8m $16.8m 5.94% Added +215.5k +215,534
14 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 396,795396.8k $16.0m $16.0m 0.02% Added +32.4k +32,388
15 Invst, LLC 1.87% of their portfolio INDIANAPOLIS, IN 371,681371.7k $15.0m $15.0m 1.87% New
16 Kestra Advisory Services, LLC 0.07% of their portfolio AUSTIN, TX 362,962363.0k $14.7m $14.7m 0.07% Reduced -2.7k -2,748
17 First Heartland Consultants, Inc. 1.30% of their portfolio LAKE ST. LOUIS, MO 362,182362.2k $14.6m $14.6m 1.30% New
18 Yardley Wealth Management LLC 7.95% of their portfolio YARDLEY, PA 360,025360.0k $14.5m $14.5m 7.95% Reduced -6.0k -6,007
19 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 356,976357.0k $14.4m $14.4m 0.00% Added +300.1k +300,091
20 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 270,737270.7k $10.9m $10.9m 0.03% Added +4.0k +3,999
21 MAYPORT, LLC 2.57% of their portfolio NEWTON, MA 265,391265.4k $10.7m $10.7m 2.57% Added +16.4k +16,371
22 Commonwealth Financial Services, LLC 2.02% of their portfolio VIENNA, WV 259,753259.8k $10.5m $10.5m 2.02% Added +2.2k +2,173
23 Integrated Wealth Concepts LLC 0.10% of their portfolio WALTHAM, MA 250,227250.2k $10.1m $10.1m 0.10% Added +205.7k +205,684
24 Heck Capital Advisors, LLC 0.87% of their portfolio Rhinelander, WI 249,563249.6k $10.1m $10.1m 0.87% Added +555 +555
25 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 227,106227.1k $9.2m $9.2m 0.00% Added +46.0k +45,969
26 Stokes Family Office, LLC 0.96% of their portfolio NEW ORLEANS, LA 226,851226.9k $9.2m $9.2m 0.96% Reduced -869 -869
27 Beaumont Financial Advisors, LLC 0.64% of their portfolio NEEDHAM, MA 220,075220.1k $8.9m $8.9m 0.64% Added +27.4k +27,369
28 Rossby Financial, LCC 2.98% of their portfolio MELBOURNE, FL 196,276196.3k $7.9m $7.9m 2.98% Added +3.6k +3,587
29 Watchman Group, Inc. 2.01% of their portfolio PLANO, TX 190,367190.4k $7.7m $7.7m 2.01% Reduced -1.3k -1,344
30 Stephens Consulting, LLC 1.81% of their portfolio FLINT, MI 187,682187.7k $7.6m $7.6m 1.81% Added +23.4k +23,415
31 High Note Wealth, LLC 1.65% of their portfolio DEEPHAVEN, MN 178,666178.7k $7.2m $7.2m 1.65% Added +116.3k +116,319
32 GREAT VALLEY ADVISOR GROUP, INC. 0.16% of their portfolio WILMINGTON, DE 178,208178.2k $7.2m $7.2m 0.16% Reduced -3.2k -3,156
33 WCG Wealth Advisors LLC 0.46% of their portfolio LAS VEGAS, NV 174,390174.4k $7.0m $7.0m 0.46% Reduced -48.6k -48,622
34 Mariner, LLC 0.01% of their portfolio Overland Park, KS 163,305163.3k $6.6m $6.6m 0.01% Reduced -19.1k -19,120
35 OneDigital Investment Advisors LLC 0.07% of their portfolio OVERLAND PARK, KS 160,176160.2k $6.5m $6.5m 0.07% Reduced -1.2k -1,180
36 TABLEAUX LLC 3.68% of their portfolio STOCKBRIDGE, MA 158,804158.8k $6.4m $6.4m 3.68% Added +45.9k +45,889
37 Lumbard & Kellner, LLC 2.72% of their portfolio HOLLIS, NH 154,307154.3k $6.2m $6.2m 2.72% Added +76.0k +76,045
38 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 139,220139.2k $5.6m $5.6m 0.00% Reduced -57.7k -57,719
39 QUARRY HILL ADVISORS, LLC 3.16% of their portfolio ST PAUL, MN 134,479134.5k $5.4m $5.4m 3.16% Reduced -2.5k -2,537
40 TrueWealth Advisors, LLC 1.54% of their portfolio BIRMINGHAM, AL 128,729128.7k $5.2m $5.2m 1.54% Reduced -6.1k -6,099
41 Fortitude Financial, LLC 4.52% of their portfolio Spokane, WA 122,697122.7k $5.1m $5.1m 4.52% New
42 Smallwood Wealth Investment Management, LLC 2.74% of their portfolio RED BANK, NJ 118,709118.7k $4.8m $4.8m 2.74% Added +4.8k +4,825
43 New England Private Wealth Advisors LLC 0.67% of their portfolio WELLESLEY, MA 113,580113.6k $4.6m $4.6m 0.67% Added +1.8k +1,811
44 Womack Financial LLC 3.52% of their portfolio DALLAS, TX 104,569104.6k $4.2m $4.2m 3.52% Added +3.6k +3,636
45 Ameritas Investment Partners, Inc. 0.12% of their portfolio LINCOLN, NE 94,88494.9k $3.8m $3.8m 0.12% Added +5.1k +5,134
46 EWG Elevate Inc. 1.16% of their portfolio ROSEVILLE, CA 93,51893.5k $3.8m $3.8m 1.16% New
47 Geneos Wealth Management Inc. 0.09% of their portfolio ENGLEWOOD, CO 89,98190.0k $3.6m $3.6m 0.09% Added +53.1k +53,148
48 Foundations Investment Advisors, LLC 0.06% of their portfolio PHOENIX, AZ 87,70687.7k $3.5m $3.5m 0.06% Added +9.3k +9,329
49 Signal Advisors Wealth, LLC 0.27% of their portfolio DETROIT, MI 85,79985.8k $3.5m $3.5m 0.27% Added +31.4k +31,363
50 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 72,48172.5k $2.9m $2.9m 0.01% Reduced -519.8k -519,832
51 Trademark Financial Management, LLC 1.79% of their portfolio Bloomington, MN 72,30472.3k $2.9m $2.9m 1.79% Added +52.8k +52,769
52 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 72,13272.1k $2.9m $2.9m 0.00% Added +3.7k +3,669
53 ISLAY CAPITAL MANAGEMENT, LLC 1.87% of their portfolio Lubbock, TX 71,61371.6k $2.9m $2.9m 1.87% Added +3.1k +3,105
54 1620 INVESTMENT ADVISORS, INC. 1.79% of their portfolio PLYMOUTH, MA 62,57462.6k $2.5m $2.5m 1.79% Added +2.4k +2,410
55 Lunt Capital Management, Inc. 0.96% of their portfolio HOLLADAY, UT 62,23462.2k $2.5m $2.5m 0.96% Added +502 +502
56 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 60,96761.0k $2.5m $2.5m 0.01% Reduced -10.6k -10,562
57 Tidal Investments LLC 0.02% of their portfolio Milwaukee, WI 60,83060.8k $2.5m $2.5m 0.02% Added +3.1k +3,054
58 Clear Creek Financial Management, LLC 0.23% of their portfolio SILVERDALE, WA 59,18359.2k $2.4m $2.4m 0.23% Reduced -1.4k -1,401
59 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 55,31355.3k $2.2m $2.2m 0.01% Added +40.6k +40,580
60 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 55,00055.0k $2.2m $2.2m 0.02% Unchanged
61 Ethos Financial Group, LLC 0.18% of their portfolio KING OF PRUSSIA, PA 51,53751.5k $2.1m $2.1m 0.18% Added +21.9k +21,936
62 Advisory Services Network, LLC 0.03% of their portfolio ATLANTA, GA 47,05447.1k $1.9m $1.9m 0.03% Added +8.3k +8,343
63 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 46,32646.3k $1.9m $1.9m 0.00% New
64 Wealthcare Advisory Partners LLC 0.04% of their portfolio WEST CHESTER, PA 45,52645.5k $1.8m $1.8m 0.04% Added +21.4k +21,354
65 Pandora Wealth, Inc. 1.12% of their portfolio OAKBROOK TERRACE, IL 45,18845.2k $1.8m $1.8m 1.12% Added +294 +294
66 MARIPAU WEALTH MANAGEMENT LLC 0.92% of their portfolio FORT WAYNE, IN 44,87044.9k $1.8m $1.8m 0.92% Added +14.5k +14,512
67 Longview Financial Advisors, Inc. 1.38% of their portfolio HUNTSVILLE, AL 40,18040.2k $1.6m $1.6m 1.38% Added +4.8k +4,806
68 Lansing Street Advisors 0.45% of their portfolio AMBLER, PA 37,23037.2k $1.5m $1.5m 0.45% Added +7.6k +7,627
69 FIG FINANCIAL ADVISORY SERVICES INC /ADV 0.97% of their portfolio OKLAHOMA CITY, OK 35,80135.8k $1.4m $1.4m 0.97% New
70 Allen Capital Group, LLC 0.14% of their portfolio GRAND ISLAND, NE 33,65633.7k $1.4m $1.4m 0.14% Added +2.9k +2,928
71 Magnus Financial Group LLC 0.11% of their portfolio NEW YORK, NY 32,10532.1k $1.3m $1.3m 0.11% Reduced -38 -38
72 Financial Guidance Group, Inc. 0.63% of their portfolio Palm Harbor, FL 31,96932.0k $1.3m $1.3m 0.63% New
73 CWM, LLC 0.00% of their portfolio OMAHA, NE 31,66531.7k $1.3m $1.3m 0.00% Reduced -11.7k -11,724
74 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 30,62030.6k $1.2m $1.2m 0.00% New
75 ANGELES WEALTH MANAGEMENT, LLC 0.08% of their portfolio SANTA MONICA, CA 30,07230.1k $1.2m $1.2m 0.08% New
76 Prism Advisors, Inc. 0.33% of their portfolio STUDIO CITY, CA 28,33728.3k $1.1m $1.1m 0.33% Reduced -18.1k -18,120
77 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 28,30628.3k $1.1m $1.1m 0.01% Added +885 +885
78 SouthState Bank Corp 0.04% of their portfolio Winter Haven, FL 25,44025.4k $1.0m $1.0m 0.04% Reduced -4.5k -4,497
79 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 25,39625.4k $1.0m $1.0m 0.00% Added +15.5k +15,526
80 Mutual Advisors, LLC 0.03% of their portfolio OMAHA, NE 25,26725.3k $1.0m $1.0m 0.03% Added +1.1k +1,094
81 Prospera Financial Services Inc 0.02% of their portfolio Dallas, TX 24,98625.0k $1.0m $1.0m 0.02% New
82 IFP Advisors, Inc 0.03% of their portfolio TAMPA, FL 24,87724.9k $1.0m $1.0m 0.03% Added +22.2k +22,195
83 SILVER OAK SECURITIES, INCORPORATED 0.08% of their portfolio JACKSON, TN 24,65424.7k $996.0k $996.0k 0.08% Added +230 +230
84 LEVEL FOUR ADVISORY SERVICES, LLC 0.04% of their portfolio DALLAS, TX 23,56823.6k $952.1k $952.1k 0.04% Added +137 +137
85 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 23,26923.3k $940.0k $940.0k 0.00% Added +5.3k +5,316
86 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 22,44322.4k $906.7k $906.7k 0.00% Reduced -13.6k -13,586
87 Lord & Richards Wealth Management, LLC 0.93% of their portfolio HIGHLANDS RANCH, CO 21,95021.9k $886.8k $886.8k 0.93% Added +13.1k +13,052
88 MATHER GROUP, LLC. 0.01% of their portfolio CHICAGO, IL 21,46921.5k $867.3k $867.3k 0.01% Unchanged
89 Global View Capital Management LLC 0.27% of their portfolio WAUKESHA, WI 20,85720.9k $842.6k $842.6k 0.27% Reduced -2.4k -2,362
90 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 20,74620.7k $838.1k $838.1k 0.00% Added +5.7k +5,710
91 William Howard & Co Financial Advisors Inc 0.57% of their portfolio MEMPHIS, TN 16,13716.1k $651.9k $651.9k 0.57% Added +112 +112
92 L.K. Benson & Company, P.C. 0.35% of their portfolio TIMONIUM, MD 14,20614.2k $573.9k $573.9k 0.35% Added +2.1k +2,067
93 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 13,53213.5k $546.7k $546.7k 0.00% Added +3.0k +2,968
94 Arete Wealth Advisors, LLC 0.04% of their portfolio CHICAGO, IL 12,87412.9k $520.0k $520.0k 0.04% Reduced -811 -811
95 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 12,43112.4k $502.2k $502.2k 0.00% Reduced -873 -873
96 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 12,10912.1k $489.2k $489.2k 0.00% Reduced -8.7k -8,746
97 Smith Anglin Financial, LLC 0.04% of their portfolio DALLAS, TX 11,84411.8k $478.5k $478.5k 0.04% Reduced -739 -739
98 Stegent Equity Advisors, Inc. 0.42% of their portfolio HOUSTON, TX 11,76311.8k $475.2k $475.2k 0.42% Unchanged
99 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 11,68911.7k $472.2k $472.2k 0.01% Added +10.7k +10,724
100 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 11,38711.4k $460.0k $460.0k 0.00% Reduced -1.5k -1,507