Vault-13

EA SERIES TRUST FRDM

FREEDOM 100 EM · ETP · CUSIP 02072L607

318 institutional holders +38 vs Q1 2026
35,441,00235.4m shares reported held*
$2.6bnreported value*
58 new 140 added 91 reduced 14 sold out net bought ≈ $151.7m (+2.1m 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 ($2.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $72.76. Options: 2 managers hold calls ($1.4m notional), 2 hold puts ($430.1k).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0200400Q3 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: 280Q2 26: 318318Q3 22Q3 23Q3 24Q3 25Q2 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
Q2 2026318

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 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 25Q3 25: 118 bought or addedQ3 25: 51 cut or sold outQ4 25: 141 bought or addedQ4 25: 51 cut or sold outQ4 25Q1 26: 182 bought or addedQ1 26: 82 cut or sold outQ2 26: 198 bought or addedQ2 26: 105 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20246948
Q4 20247450
Q1 20258751
Q2 202510745
Q3 202511851
Q4 202514151
Q1 202618282
Q2 2026198105

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ3 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 1.07Q2 26 calls: $1.4mQ2 26 puts: $430.1kQ2 26P/C 0.31
Numbers
QuarterCallsPutsP/C
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$240.5k$256.9k1.07
Q2 2026$1.4m$430.1k0.31

Biggest buyers

Cambridge Investment Research Advisors, Inc. Added +371,018+371.0k
LPL Financial LLC Added +317,875+317.9k
Elwood & Goetz Wealth Advisory Group, LLC New +278,890+278.9k
WELLS FARGO & COMPANY/MN Added +246,080+246.1k
Permanens Capital L.P. Added +210,414+210.4k
MORGAN STANLEY Added +147,185+147.2k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +120,614+120.6k
Members Advisory Group LLC Added +116,776+116.8k
HighTower Advisors, LLC Added +115,840+115.8k
ENVESTNET ASSET MANAGEMENT INC Added +114,290+114.3k

Biggest sellers

MAINSTAY CAPITAL MANAGEMENT LLC /ADV Reduced -259,948-259.9k
MUHLENKAMP & CO INC Sold out -236,825-236.8k
OLD MISSION CAPITAL LLC Reduced -207,299-207.3k
Commonwealth Financial Services, LLC Reduced -199,925-199.9k
GTS SECURITIES LLC Reduced -162,708-162.7k
Krilogy Financial LLC Sold out -144,618-144.6k
JANE STREET GROUP, LLC Sold out -113,027-113.0k
Brookstone Capital Management Reduced -73,998-74.0k
Willis Johnson & Associates, Inc. Reduced -71,954-72.0k
Heck Capital Advisors, LLC Reduced -59,116-59.1k

Biggest calls

CITADEL ADVISORS LLC Added $976.9k13.4k shares
Belvedere Trading LLC New $422.8k5.8k shares

Biggest puts

CITADEL ADVISORS LLC Added $400.9k5.5k shares
Belvedere Trading LLC New $29.2k400 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, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Retirement Planning Group, LLC 4.90% of their portfolio LEAWOOD, KS 2,644,1182.6m $192.8m $192.8m 4.90% Added +94.5k +94,489
2 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 2,390,3902.4m $174.3m $174.3m 0.03% Added +246.1k +246,080
3 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.08% of their portfolio MILWAUKEE, WI 2,065,7922.1m $150.6m $150.6m 0.08% Added +120.6k +120,614
4 MAINSTAY CAPITAL MANAGEMENT LLC /ADV 8.43% of their portfolio GRAND BLANC, MI 1,563,2681.6m $114.0m $114.0m 8.43% Reduced -259.9k -259,948
5 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,085,0861.1m $79.1m $79.1m 0.02% Added +317.9k +317,875
6 Ellevest, Inc. 8.62% of their portfolio NEW YORK, NY 1,003,1011.0m $73.1m $73.1m 8.62% Reduced -32.1k -32,127
7 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 808,250808.2k $58.9m $58.9m 0.02% Added +13.8k +13,787
8 Tanglewood Wealth Management, Inc. 4.93% of their portfolio HOUSTON, TX 795,880795.9k $58.0m $58.0m 4.93% Added +5.1k +5,084
9 Willis Johnson & Associates, Inc. 3.20% of their portfolio Houston, TX 787,203787.2k $57.4m $57.4m 3.20% Reduced -72.0k -71,954
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 737,550737.5k $53.8m $53.8m 0.00% Added +147.2k +147,185
11 Aptus Capital Advisors, LLC 0.35% of their portfolio FAIRHOPE, AL 664,025664.0k $48.4m $48.4m 0.35% Added +1.9k +1,939
12 GUARDIAN WEALTH ADVISORS, LLC / NC 2.52% of their portfolio RALEIGH, NC 610,225610.2k $44.5m $44.5m 2.52% Reduced -744 -744
13 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 586,334586.3k $42.7m $42.7m 0.01% Added +114.3k +114,290
14 Coyle Financial Counsel LLC 7.68% of their portfolio Glenview, IL 576,703576.7k $42.0m $42.0m 7.68% Reduced -7.1k -7,145
15 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 561,808561.8k $41.0m $41.0m 0.05% Added +371.0k +371,018
16 Heck Capital Advisors, LLC 2.42% of their portfolio Rhinelander, WI 555,714555.7k $40.6m $40.6m 2.42% Reduced -59.1k -59,116
17 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 519,693519.7k $37.9m $37.9m 0.04% Added +115.8k +115,840
18 Kestra Advisory Services, LLC 0.11% of their portfolio AUSTIN, TX 477,013477.0k $34.8m $34.8m 0.11% Added +34.5k +34,482
19 Janney Montgomery Scott LLC 0.06% of their portfolio PHILADELPHIA, PA 446,030446.0k $32.5m $32.5m 0.06% Added +5.8k +5,812
20 Kathmere Capital Management, LLC 1.73% of their portfolio WAYNE, PA 445,746445.7k $32.5m $32.5m 1.73% Reduced -40.1k -40,120
21 Integrated Wealth Concepts LLC 0.15% of their portfolio WALTHAM, MA 428,571428.6k $31.2m $31.2m 0.15% Added +105.2k +105,179
22 Investment Planning Advisors, Inc. 6.95% of their portfolio CUMMING, GA 411,418411.4k $30.0m $30.0m 6.95% Reduced -58.9k -58,893
23 Legacy Financial Advisors, Inc. 3.51% of their portfolio COVINGTON, KY 394,487394.5k $28.8m $28.8m 3.51% Added +7.8k +7,781
24 First Heartland Consultants, Inc. 1.58% of their portfolio LAKE ST. LOUIS, MO 335,216335.2k $24.4m $24.4m 1.58% Reduced -55.9k -55,907
25 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 323,223323.2k $23.6m $23.6m 0.03% Added +68.4k +68,384
26 Beaumont Financial Advisors, LLC 1.43% of their portfolio NEEDHAM, MA 307,898307.9k $22.4m $22.4m 1.43% Reduced -5.2k -5,245
27 MAYPORT, LLC 3.47% of their portfolio NEWTON, MA 306,597306.6k $22.4m $22.4m 3.47% Added +10.3k +10,345
28 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 294,226294.2k $21.2m $21.2m 0.01% Added +44.8k +44,762
29 Compass Ion Advisors, LLC 1.81% of their portfolio CONSHOHOCKEN, PA 288,109288.1k $21.0m $21.0m 1.81% Added +587 +587
30 Elwood & Goetz Wealth Advisory Group, LLC 3.01% of their portfolio ATHENS, GA 278,890278.9k $20.3m $20.3m 3.01% New
31 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 276,841276.8k $20.2m $20.2m 0.04% Added +95.6k +95,599
32 ENZI WEALTH 5.38% of their portfolio AUSTIN, TX 249,495249.5k $17.0m $17.0m 5.38% Reduced -44.0k -44,016
33 Invst, LLC 1.75% of their portfolio INDIANAPOLIS, IN 246,488246.5k $18.0m $18.0m 1.75% Reduced -30.2k -30,215
34 Yardley Wealth Management LLC 8.04% of their portfolio YARDLEY, PA 242,657242.7k $17.7m $17.7m 8.04% Reduced -32.9k -32,860
35 ADAMSBROWN WEALTH CONSULTANTS LLC 3.33% of their portfolio WICHITA, KS 242,154242.2k $17.7m $17.7m 3.33% Added +13.5k +13,517
36 High Note Wealth, LLC 3.00% of their portfolio DEEPHAVEN, MN 241,141241.1k $17.6m $17.6m 3.00% Added +5.4k +5,356
37 Permanens Capital L.P. 1.65% of their portfolio NEW YORK, NY 219,058219.1k $16.0m $16.0m 1.65% Added +210.4k +210,414
38 Intelligence Driven Advisers, LLC 2.56% of their portfolio CARLSBAD, CA 216,704216.7k $15.8m $15.8m 2.56% Reduced -13.4k -13,374
39 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 208,524208.5k $15.2m $15.2m 0.02% Added +59.3k +59,320
40 Bank Julius Baer & Co. Ltd, Zurich 0.04% of their portfolio ZURICH, V8 208,400208.4k $15.2m $15.2m 0.04% Added +88.9k +88,900
41 WCG Wealth Advisors LLC 0.34% of their portfolio LAS VEGAS, NV 197,396197.4k $14.4m $14.4m 0.34% Reduced -51.6k -51,554
42 KFG WEALTH MANAGEMENT, LLC 1.60% of their portfolio GRANGER, IN 194,857194.9k $14.2m $14.2m 1.60% Added +6.4k +6,396
43 Longview Financial Advisors, Inc. 7.87% of their portfolio HUNTSVILLE, AL 184,625184.6k $13.5m $13.5m 7.87% Added +7.2k +7,161
44 Koshinski Asset Management, Inc. 0.71% of their portfolio DECATUR, IL 182,016182.0k $13.3m $13.3m 0.71% Added +21.6k +21,599
45 Signal Advisors Wealth, LLC 0.69% of their portfolio DETROIT, MI 180,075180.1k $13.1m $13.1m 0.69% Added +25.6k +25,559
46 MGO ONE SEVEN LLC 0.21% of their portfolio Beachwood, OH 175,105175.1k $12.8m $12.8m 0.21% Reduced -742 -742
47 GREAT VALLEY ADVISOR GROUP, INC. 0.20% of their portfolio WILMINGTON, DE 173,796173.8k $12.7m $12.7m 0.20% Reduced -3.2k -3,153
48 Rossby Financial, LCC 2.27% of their portfolio MELBOURNE, FL 170,469170.5k $12.4m $12.4m 2.27% Added +6.0k +6,045
49 Prospera Financial Services Inc 0.18% of their portfolio Dallas, TX 169,457169.5k $12.4m $12.4m 0.18% Added +22.0k +21,980
50 Pearl Planning LLC 5.67% of their portfolio DEXTER, MI 169,045169.0k $12.3m $12.3m 5.67% Reduced -7.2k -7,216
51 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 162,615162.6k $11.9m $11.9m 0.01% Added +12.8k +12,825
52 SWEENEY & MICHEL, LLC 2.83% of their portfolio CHICO, CA 161,771161.8k $10.8m $10.8m 2.83% Added +87.4k +87,367
53 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 158,675158.7k $11.6m $11.6m 0.01% Added +25.6k +25,571
54 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 158,046158.0k $11.5m $11.5m 0.02% Added +108.6k +108,584
55 Members Advisory Group LLC 3.19% of their portfolio WILLIAMSVILLE, NY 156,601156.6k $11.4m $11.4m 3.19% Added +116.8k +116,776
56 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 155,983156.0k $11.4m $11.4m 0.00% Reduced -18.1k -18,148
57 Lumbard & Kellner, LLC 3.40% of their portfolio HOLLIS, NH 153,636153.6k $11.2m $11.2m 3.40% Added +129 +129
58 TrueWealth Advisors, LLC 2.38% of their portfolio BIRMINGHAM, AL 144,903144.9k $10.6m $10.6m 2.38% Added +4.3k +4,293
59 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 139,964140.0k $10.2m $10.2m 0.01% Added +98.1k +98,117
60 Retirement Management Systems Inc. 2.08% of their portfolio STEVENSVILLE, MD 139,632139.6k $10.2m $10.2m 2.08% Reduced -10.8k -10,812
61 TABLEAUX LLC 4.10% of their portfolio STOCKBRIDGE, MA 133,577133.6k $9.7m $9.7m 4.10% Reduced -97 -97
62 Watchman Group, Inc. 2.04% of their portfolio PLANO, TX 125,414125.4k $9.1m $9.1m 2.04% Reduced -45.8k -45,779
63 CABOT WEALTH MANAGEMENT INC 0.91% of their portfolio BEVERLY, MA 122,555122.6k $8.9m $8.9m 0.91% Added +8.6k +8,580
64 Ameritas Investment Partners, Inc. 0.23% of their portfolio LINCOLN, NE 120,570120.6k $8.8m $8.8m 0.23% Reduced -2.6k -2,610
65 Tidal Investments LLC 0.02% of their portfolio Milwaukee, WI 120,124120.1k $8.8m $8.8m 0.02% Reduced -2.3k -2,324
66 Smallwood Wealth Investment Management, LLC 3.70% of their portfolio RED BANK, NJ 116,318116.3k $8.5m $8.5m 3.70% Added +558 +558
67 Lansing Street Advisors 1.81% of their portfolio AMBLER, PA 116,211116.2k $8.5m $8.5m 1.81% Added +7.9k +7,929
68 New England Private Wealth Advisors LLC 0.72% of their portfolio WELLESLEY, MA 115,401115.4k $7.5m $7.5m 0.72% Added +2.3k +2,317
69 QUARRY HILL ADVISORS, LLC 3.19% of their portfolio ST PAUL, MN 113,782113.8k $8.3m $8.3m 3.19% Reduced -4.6k -4,573
70 United Advisor Group, LLC 0.87% of their portfolio CINCINNATI, OH 112,952113.0k $8.2m $8.2m 0.87% Added +17.9k +17,935
71 OneDigital Investment Advisors LLC 0.07% of their portfolio OVERLAND PARK, KS 112,899112.9k $8.2m $8.2m 0.07% Reduced -6.1k -6,051
72 Wright Wealth LLC 4.93% of their portfolio ATLANTA, GA 112,571112.6k $8.2m $8.2m 4.93% Reduced -10.5k -10,539
73 Geneos Wealth Management Inc. 0.17% of their portfolio ENGLEWOOD, CO 112,566112.6k $8.2m $8.2m 0.17% Added +13.8k +13,835
74 Equitable Holdings, Inc. 0.05% of their portfolio NEW YORK, NY 111,150111.2k $8.1m $8.1m 0.05% Added +39.6k +39,579
75 Trademark Financial Management, LLC 3.26% of their portfolio Bloomington, MN 109,058109.1k $8.0m $8.0m 3.26% Reduced -5.1k -5,086
76 Philadelphia Investment Partners, LLC 4.82% of their portfolio Voorhees, NJ 106,063106.1k $7.7m $7.7m 4.82% Reduced -4.7k -4,719
77 Harbour Wealth Management Group, Inc. 5.20% of their portfolio DANIEL ISLAND, SC 105,613105.6k $7.7m $7.7m 5.20% Added +5.4k +5,447
78 Foundations Investment Advisors, LLC 0.08% of their portfolio PHOENIX, AZ 103,822103.8k $7.6m $7.6m 0.08% Added +3.0k +2,955
79 Peak Planning Group, LLC 1.68% of their portfolio CENTENNIAL, CO 102,201102.2k $7.5m $7.5m 1.68% Added +12.9k +12,904
80 Womack Financial LLC 4.88% of their portfolio DALLAS, TX 101,183101.2k $7.4m $7.4m 4.88% Reduced -5.3k -5,270
81 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 100,378100.4k $7.3m $7.3m 0.01% Added +99.7k +99,659
82 Advisory Services Network, LLC 0.08% of their portfolio ATLANTA, GA 99,51499.5k $7.3m $7.3m 0.08% Added +23.1k +23,072
83 GTS SECURITIES LLC 0.15% of their portfolio NEW YORK, NY 95,12795.1k $6.9m $6.9m 0.15% Reduced -162.7k -162,708
84 Commonwealth Financial Services, LLC 0.92% of their portfolio VIENNA, WV 93,65793.7k $6.8m $6.8m 0.92% Reduced -199.9k -199,925
85 Avid Wealth Partners LLC 3.28% of their portfolio SAN ANTONIO, TX 92,88492.9k $6.8m $6.8m 3.28% Reduced -6.3k -6,324
86 Stokes Family Office, LLC 0.78% of their portfolio NEW ORLEANS, LA 91,26391.3k $6.7m $6.7m 0.78% Reduced -55.3k -55,320
87 Ferguson Shapiro LLC 1.89% of their portfolio DECATUR, GA 87,51287.5k $6.4m $6.4m 1.89% New
88 ARQ WEALTH ADVISORS, LLC 0.71% of their portfolio SCOTTSDALE, AZ 85,49985.5k $5.7m $5.7m 0.71% Added +14.8k +14,824
89 ISLAY CAPITAL MANAGEMENT, LLC 2.92% of their portfolio Lubbock, TX 85,41585.4k $6.2m $6.2m 2.92% Reduced -6.8k -6,765
90 HIGHLINE WEALTH PARTNERS LLC 1.27% of their portfolio SHERMAN OAKS, CA 85,12385.1k $6.2m $6.2m 1.27% Added +42.8k +42,807
91 OLD MISSION CAPITAL LLC 0.15% of their portfolio CHICAGO, IL 82,93082.9k $6.0m $6.0m 0.15% Reduced -207.3k -207,299
92 One Charles Private Wealth Services, LLC 1.39% of their portfolio HINGHAM, MA 82,71982.7k $6.0m $6.0m 1.39% New
93 Sunrise Financial Services, LLC 3.55% of their portfolio BURIEN, WA 82,06682.1k $6.0m $6.0m 3.55% Added +3.2k +3,181
94 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 81,86381.9k $5.7m $5.7m 0.01% Added +14.9k +14,871
95 Piedmont Capital Management, LLC 2.65% of their portfolio WHITEFISH, MT 75,26375.3k $5.3m $5.3m 2.65% Added +3.1k +3,065
96 Mariner, LLC 0.01% of their portfolio Overland Park, KS 73,71773.7k $5.4m $5.4m 0.01% Reduced -9.0k -8,970
97 INSIGNEO ADVISORY SERVICES, LLC 0.20% of their portfolio MIAMI, FL 71,50571.5k $5.2m $5.2m 0.20% New
98 Oath Planning, LLC 3.78% of their portfolio TULSA, OK 69,91369.9k $5.1m $5.1m 3.78% Reduced -4.1k -4,142
99 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 63,57463.6k $4.6m $4.6m 0.00% Reduced -9.8k -9,791
100 Vise Technologies, Inc. 0.05% of their portfolio NEW YORK, NY 62,07762.1k $4.5m $4.5m 0.05% Added +42.8k +42,823