Vault-13

EA SERIES TRUST FRDM

FREEDOM 100 EM · ETP · CUSIP 02072L607

280 institutional holders +49 vs Q4 2025
33,462,04633.5m shares reported held*
$1.8bnreported value*
63 new 119 added 68 reduced 14 sold out net bought ≈ $320.3m (+5.9m 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 ≈ $54.72. Options: 1 managers hold calls ($240.5k notional), 1 hold puts ($256.9k).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 48Q4 22: 61Q1 23: 70Q2 23: 78Q3 23: 84Q4 23: 101Q1 24: 113Q2 24: 119Q3 24: 125Q4 24: 138Q1 25: 145Q2 25: 164Q3 25: 187Q4 25: 231Q1 26: 280280Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 2025187
Q4 2025231
Q1 2026280

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 24: 72 bought or addedQ2 24: 43 cut or sold outQ3 24: 69 bought or addedQ3 24: 48 cut or sold outQ3 24Q4 24: 74 bought or addedQ4 24: 50 cut or sold outQ1 25: 87 bought or addedQ1 25: 51 cut or sold outQ1 25Q2 25: 107 bought or addedQ2 25: 45 cut or sold outQ3 25: 118 bought or addedQ3 25: 51 cut or sold outQ3 25Q4 25: 141 bought or addedQ4 25: 51 cut or sold outQ1 26: 182 bought or addedQ1 26: 82 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20247243
Q3 20246948
Q4 20247450
Q1 20258751
Q2 202510745
Q3 202511851
Q4 202514151
Q1 202618282

Calls vs puts

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

CallsPuts
$0$100k$200k$300kQ2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $240.5kQ1 26 puts: $256.9kQ1 26P/C 1.07
Numbers
QuarterCallsPutsP/C
Q2 2025$0$0—
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$240.5k$256.9k1.07

Biggest buyers

WELLS FARGO & COMPANY/MN Added +643,740+643.7k
Heck Capital Advisors, LLC Added +394,021+394.0k
Legacy Financial Advisors, Inc. New +386,706+386.7k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +364,535+364.5k
ENVESTNET ASSET MANAGEMENT INC Added +355,371+355.4k
LPL Financial LLC Added +344,651+344.7k
MORGAN STANLEY Added +305,179+305.2k
GTS SECURITIES LLC Added +250,363+250.4k
MUHLENKAMP & CO INC New +236,825+236.8k
ADAMSBROWN WEALTH CONSULTANTS LLC New +228,637+228.6k

Biggest sellers

Tanglewood Wealth Management, Inc. Reduced -333,363-333.4k
Willis Johnson & Associates, Inc. Reduced -151,500-151.5k
Ellevest, Inc. Reduced -143,225-143.2k
JANE STREET GROUP, LLC Reduced -136,973-137.0k
Intelligence Driven Advisers, LLC Reduced -115,564-115.6k
Investment Planning Advisors, Inc. Reduced -88,713-88.7k
Stokes Family Office, LLC Reduced -71,311-71.3k
Invst, LLC Reduced -46,956-47.0k
Members Advisory Group LLC Reduced -44,800-44.8k
Redhawk Wealth Advisors, Inc. Reduced -42,816-42.8k

Biggest calls

CITADEL ADVISORS LLC New $240.5k4.4k shares

Biggest puts

CITADEL ADVISORS LLC New $256.9k4.7k shares

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 Retirement Planning Group, LLC 4.32% of their portfolio LEAWOOD, KS 2,549,6292.5m $139.3m $139.3m 4.32% Added +133.5k +133,481
2 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 2,144,3102.1m $117.2m $117.2m 0.02% Added +643.7k +643,740
3 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.07% of their portfolio MILWAUKEE, WI 1,945,1781.9m $106.3m $106.3m 0.07% Added +364.5k +364,535
4 MAINSTAY CAPITAL MANAGEMENT LLC /ADV 7.68% of their portfolio GRAND BLANC, MI 1,823,2161.8m $99.6m $99.6m 7.68% Added +157.2k +157,174
5 Ellevest, Inc. 7.87% of their portfolio NEW YORK, NY 1,035,2281.0m $56.6m $56.6m 7.87% Reduced -143.2k -143,225
6 Willis Johnson & Associates, Inc. 2.74% of their portfolio Houston, TX 859,157859.2k $47.0m $47.0m 2.74% Reduced -151.5k -151,500
7 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 794,463794.5k $43.4m $43.4m 0.01% Reduced -11.5k -11,460
8 Tanglewood Wealth Management, Inc. 3.58% of their portfolio HOUSTON, TX 790,796790.8k $43.2m $43.2m 3.58% Reduced -333.4k -333,363
9 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 767,211767.2k $41.9m $41.9m 0.01% Added +344.7k +344,651
10 Aptus Capital Advisors, LLC 0.30% of their portfolio FAIRHOPE, AL 662,086662.1k $36.2m $36.2m 0.30% Reduced -8.1k -8,056
11 Heck Capital Advisors, LLC 2.50% of their portfolio Rhinelander, WI 614,830614.8k $33.7m $33.7m 2.50% Added +394.0k +394,021
12 GUARDIAN WEALTH ADVISORS, LLC / NC 2.12% of their portfolio RALEIGH, NC 610,969611.0k $33.4m $33.4m 2.12% Reduced -16.3k -16,261
13 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 590,365590.4k $32.3m $32.3m 0.00% Added +305.2k +305,179
14 Coyle Financial Counsel LLC 6.75% of their portfolio Glenview, IL 583,848583.8k $31.9m $31.9m 6.75% Added +3.3k +3,288
15 Kathmere Capital Management, LLC 1.65% of their portfolio WAYNE, PA 485,866485.9k $26.6m $26.6m 1.65% Reduced -21.3k -21,310
16 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 472,044472.0k $25.8m $25.8m 0.01% Added +355.4k +355,371
17 Investment Planning Advisors, Inc. 7.08% of their portfolio CUMMING, GA 470,311470.3k $25.7m $25.7m 7.08% Reduced -88.7k -88,713
18 Kestra Advisory Services, LLC 0.09% of their portfolio AUSTIN, TX 442,531442.5k $24.2m $24.2m 0.09% Added +69.3k +69,312
19 Janney Montgomery Scott LLC 0.06% of their portfolio PHILADELPHIA, PA 440,218440.2k $24.1m $24.1m 0.06% Added +19.2k +19,205
20 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 403,853403.9k $22.1m $22.1m 0.02% Reduced -14.6k -14,595
21 First Heartland Consultants, Inc. 1.64% of their portfolio LAKE ST. LOUIS, MO 391,123391.1k $21.4m $21.4m 1.64% Added +34.9k +34,903
22 Legacy Financial Advisors, Inc. 2.96% of their portfolio COVINGTON, KY 386,706386.7k $21.1m $21.1m 2.96% New
23 Integrated Wealth Concepts LLC 0.14% of their portfolio WALTHAM, MA 323,392323.4k $17.7m $17.7m 0.14% Added +196.3k +196,280
24 Beaumont Financial Advisors, LLC 1.18% of their portfolio NEEDHAM, MA 313,143313.1k $17.1m $17.1m 1.18% Added +37.9k +37,874
25 MAYPORT, LLC 3.01% of their portfolio NEWTON, MA 296,252296.3k $16.2m $16.2m 3.01% Added +17.6k +17,566
26 Commonwealth Financial Services, LLC 2.54% of their portfolio VIENNA, WV 293,582293.6k $16.0m $16.0m 2.54% Reduced -13.3k -13,273
27 ENZI WEALTH 5.57% of their portfolio AUSTIN, TX 293,511293.5k $16.0m $16.0m 5.57% Added +20.5k +20,517
28 OLD MISSION CAPITAL LLC 0.38% of their portfolio CHICAGO, IL 290,229290.2k $15.9m $15.9m 0.38% Added +206.3k +206,350
29 Compass Ion Advisors, LLC 1.50% of their portfolio CONSHOHOCKEN, PA 287,522287.5k $15.7m $15.7m 1.50% Added +9.8k +9,811
30 Invst, LLC 1.71% of their portfolio INDIANAPOLIS, IN 276,703276.7k $15.1m $15.1m 1.71% Reduced -47.0k -46,956
31 Yardley Wealth Management LLC 7.72% of their portfolio YARDLEY, PA 275,517275.5k $15.1m $15.1m 7.72% Reduced -29.0k -28,997
32 GTS SECURITIES LLC 0.50% of their portfolio NEW YORK, NY 257,835257.8k $14.1m $14.1m 0.50% Added +250.4k +250,363
33 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 254,839254.8k $13.9m $13.9m 0.02% Added +136.4k +136,428
34 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 249,464249.5k $13.3m $13.3m 0.01% Added +113.0k +112,972
35 WCG Wealth Advisors LLC 0.38% of their portfolio LAS VEGAS, NV 248,950248.9k $13.6m $13.6m 0.38% Reduced -8.3k -8,289
36 MUHLENKAMP & CO INC 3.41% of their portfolio WEXFORD, PA 236,825236.8k $12.9m $12.9m 3.41% New
37 High Note Wealth, LLC 2.53% of their portfolio DEEPHAVEN, MN 235,785235.8k $12.9m $12.9m 2.53% Added +9.2k +9,191
38 Intelligence Driven Advisers, LLC 2.19% of their portfolio CARLSBAD, CA 230,078230.1k $12.6m $12.6m 2.19% Reduced -115.6k -115,564
39 ADAMSBROWN WEALTH CONSULTANTS LLC 3.30% of their portfolio WICHITA, KS 228,637228.6k $12.5m $12.5m 3.30% New
40 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 190,790190.8k $10.4m $10.4m 0.03% Added +132.3k +132,318
41 KFG WEALTH MANAGEMENT, LLC 1.33% of their portfolio GRANGER, IN 188,461188.5k $10.3m $10.3m 1.33% New
42 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 181,242181.2k $9.9m $9.9m 0.03% Added +114.1k +114,116
43 Longview Financial Advisors, Inc. 5.93% of their portfolio HUNTSVILLE, AL 177,464177.5k $9.7m $9.7m 5.93% Added +5.4k +5,392
44 GREAT VALLEY ADVISOR GROUP, INC. 0.18% of their portfolio WILMINGTON, DE 176,949176.9k $9.7m $9.7m 0.18% Reduced -8.0k -8,048
45 Pearl Planning LLC 5.15% of their portfolio DEXTER, MI 176,261176.3k $9.6m $9.6m 5.15% Reduced -7.2k -7,176
46 MGO ONE SEVEN LLC 0.19% of their portfolio Beachwood, OH 175,847175.8k $9.6m $9.6m 0.19% Reduced -41.9k -41,858
47 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 174,131174.1k $9.5m $9.5m 0.00% Added +115.9k +115,875
48 Watchman Group, Inc. 2.26% of their portfolio PLANO, TX 171,193171.2k $9.4m $9.4m 2.26% Reduced -15.1k -15,138
49 Rossby Financial, LCC 1.92% of their portfolio MELBOURNE, FL 164,424164.4k $9.2m $9.2m 1.92% Reduced -41.6k -41,581
50 Koshinski Asset Management, Inc. 0.55% of their portfolio DECATUR, IL 160,417160.4k $8.8m $8.8m 0.55% Added +112.5k +112,505
51 Signal Advisors Wealth, LLC 0.58% of their portfolio DETROIT, MI 154,516154.5k $8.4m $8.4m 0.58% Added +23.4k +23,404
52 Lumbard & Kellner, LLC 2.91% of their portfolio HOLLIS, NH 153,507153.5k $8.4m $8.4m 2.91% Added +525 +525
53 Retirement Management Systems Inc. 1.98% of their portfolio STEVENSVILLE, MD 150,444150.4k $8.2m $8.2m 1.98% New
54 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 149,790149.8k $8.2m $8.2m 0.01% Added +74.0k +73,991
55 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 149,204149.2k $8.2m $8.2m 0.01% Added +35.7k +35,737
56 Prospera Financial Services Inc 0.13% of their portfolio Dallas, TX 147,477147.5k $8.1m $8.1m 0.13% Added +115.5k +115,505
57 Stokes Family Office, LLC 0.83% of their portfolio NEW ORLEANS, LA 146,583146.6k $8.0m $8.0m 0.83% Reduced -71.3k -71,311
58 Krilogy Financial LLC 0.29% of their portfolio ST. LOUIS, MO 144,618144.6k $8.9m $8.9m 0.29% New
59 TrueWealth Advisors, LLC 1.93% of their portfolio BIRMINGHAM, AL 140,610140.6k $7.7m $7.7m 1.93% Reduced -82 -82
60 TABLEAUX LLC 3.54% of their portfolio STOCKBRIDGE, MA 133,674133.7k $7.3m $7.3m 3.54% Added +42.9k +42,928
61 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 133,104133.1k $7.3m $7.3m 0.01% Added +1.8k +1,793
62 Ameritas Investment Partners, Inc. 0.21% of their portfolio LINCOLN, NE 123,180123.2k $6.7m $6.7m 0.21% Added +3.3k +3,281
63 Wright Wealth LLC 4.50% of their portfolio ATLANTA, GA 123,110123.1k $6.7m $6.7m 4.50% Reduced -3.6k -3,575
64 Tidal Investments LLC 0.02% of their portfolio Milwaukee, WI 122,448122.4k $6.7m $6.7m 0.02% Added +4.0k +3,967
65 Bank Julius Baer & Co. Ltd, Zurich 0.02% of their portfolio ZURICH, V8 119,500119.5k $6.5m $6.5m 0.02% New
66 OneDigital Investment Advisors LLC 0.06% of their portfolio OVERLAND PARK, KS 118,950119.0k $6.5m $6.5m 0.06% Reduced -14.3k -14,286
67 QUARRY HILL ADVISORS, LLC 3.08% of their portfolio ST PAUL, MN 118,355118.4k $7.5m $7.5m 3.08% Reduced -10.9k -10,925
68 Brookstone Capital Management 0.07% of their portfolio WHEATON, IL 116,907116.9k $6.4m $6.4m 0.07% Added +85.8k +85,789
69 Smallwood Wealth Investment Management, LLC 3.33% of their portfolio RED BANK, NJ 115,760115.8k $6.3m $6.3m 3.33% Reduced -785 -785
70 Trademark Financial Management, LLC 3.06% of their portfolio Bloomington, MN 114,144114.1k $6.2m $6.2m 3.06% Added +36.2k +36,241
71 CABOT WEALTH MANAGEMENT INC 0.72% of their portfolio BEVERLY, MA 113,975114.0k $6.2m $6.2m 0.72% New
72 New England Private Wealth Advisors LLC 0.71% of their portfolio WELLESLEY, MA 113,084113.1k $6.2m $6.2m 0.71% Reduced -1.7k -1,740
73 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 113,027113.0k $6.2m $6.2m 0.01% Reduced -137.0k -136,973
74 Philadelphia Investment Partners, LLC 4.12% of their portfolio Voorhees, NJ 110,782110.8k $6.1m $6.1m 4.12% First filing
75 Lansing Street Advisors 1.50% of their portfolio AMBLER, PA 108,282108.3k $5.9m $5.9m 1.50% Added +18.0k +17,966
76 Womack Financial LLC 4.28% of their portfolio DALLAS, TX 106,453106.5k $5.8m $5.8m 4.28% Reduced -785 -785
77 Foundations Investment Advisors, LLC 0.07% of their portfolio PHOENIX, AZ 100,867100.9k $5.5m $5.5m 0.07% Added +1.3k +1,288
78 Harbour Wealth Management Group, Inc. 4.12% of their portfolio DANIEL ISLAND, SC 100,166100.2k $5.5m $5.5m 4.12% Added +43.3k +43,321
79 Avid Wealth Partners LLC 2.56% of their portfolio SAN ANTONIO, TX 99,20899.2k $5.4m $5.4m 2.56% Added +37.5k +37,487
80 Geneos Wealth Management Inc. 0.13% of their portfolio ENGLEWOOD, CO 98,73198.7k $5.4m $5.4m 0.13% Added +3.4k +3,358
81 United Advisor Group, LLC 0.64% of their portfolio CINCINNATI, OH 95,01795.0k $5.2m $5.2m 0.64% Added +12.7k +12,662
82 ISLAY CAPITAL MANAGEMENT, LLC 2.56% of their portfolio Lubbock, TX 92,18092.2k $5.0m $5.0m 2.56% Added +3.4k +3,419
83 Peak Planning Group, LLC 1.35% of their portfolio CENTENNIAL, CO 89,29789.3k $4.9m $4.9m 1.35% Added +30.6k +30,639
84 Mariner, LLC 0.01% of their portfolio Overland Park, KS 82,68782.7k $4.5m $4.5m 0.01% Reduced -24.5k -24,549
85 Ethos Financial Group, LLC 0.32% of their portfolio KING OF PRUSSIA, PA 80,94280.9k $4.4m $4.4m 0.32% Reduced -20.9k -20,867
86 Sunrise Financial Services, LLC 3.06% of their portfolio BURIEN, WA 78,88578.9k $4.3m $4.3m 3.06% Reduced -4.2k -4,170
87 Advisory Services Network, LLC 0.06% of their portfolio ATLANTA, GA 76,44276.4k $4.2m $4.2m 0.06% Added +20.1k +20,138
88 SWEENEY & MICHEL, LLC 1.32% of their portfolio CHICO, CA 74,40474.4k $4.5m $4.5m 1.32% Added +2.6k +2,569
89 Oath Planning, LLC 3.60% of their portfolio TULSA, OK 74,05574.1k $4.0m $4.0m 3.60% Added +989 +989
90 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 73,36573.4k $3.8m $3.8m 0.00% Added +18.8k +18,761
91 Piedmont Capital Management, LLC 2.04% of their portfolio WHITEFISH, MT 72,19872.2k $4.0m $4.0m 2.04% New
92 Equitable Holdings, Inc. 0.02% of their portfolio NEW YORK, NY 71,57171.6k $3.7m $3.7m 0.02% Added +54.3k +54,317
93 ARQ WEALTH ADVISORS, LLC 0.70% of their portfolio SCOTTSDALE, AZ 70,67570.7k $3.9m $3.9m 0.70% Added +6.1k +6,067
94 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 66,99267.0k $3.7m $3.7m 0.01% Added +11.6k +11,582
95 1620 INVESTMENT ADVISORS, INC. 2.30% of their portfolio PLYMOUTH, MA 62,24062.2k $3.4m $3.4m 2.30% Added +109 +109
96 MAI Capital Management 0.02% of their portfolio INDEPENDENCE, OH 58,69458.7k $3.2m $3.2m 0.02% Added +200 +200
97 Allen Capital Group, LLC 0.27% of their portfolio GRAND ISLAND, NE 55,12955.1k $3.0m $3.0m 0.27% Added +13.7k +13,654
98 Orion Porfolio Solutions, LLC 0.03% of their portfolio OMAHA, NE 55,00055.0k $3.0m $3.0m 0.03% Unchanged
99 Uniting Wealth Partners, LLC 0.62% of their portfolio DENVER, CO 53,28353.3k $2.9m $2.9m 0.62% New
100 Moors & Cabot, Inc. 0.12% of their portfolio BOSTON, MA 53,22553.2k $2.9m $2.9m 0.12% Added +2.3k +2,348