Vault-13

EA SERIES TRUST BBLU

BRIDGEWAY BLUE · ETP · CUSIP 02072L714

70 institutional holders +2 vs Q4 2025
9,353,7489.4m shares reported held*
$138.0mreported value*
9 new 24 added 19 reduced 8 sold out net bought ≈ $12.3m (+833.1k 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 ($23.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $14.76.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 1Q4 22: 43Q1 23: 35Q2 23: 35Q3 23: 39Q4 23: 36Q1 24: 41Q2 24: 41Q3 24: 48Q4 24: 53Q1 25: 56Q2 25: 59Q3 25: 62Q4 25: 68Q1 26: 7070Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 20221
Q4 202243
Q1 202335
Q2 202335
Q3 202339
Q4 202336
Q1 202441
Q2 202441
Q3 202448
Q4 202453
Q1 202556
Q2 202559
Q3 202562
Q4 202568
Q1 202670

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 24: 16 bought or addedQ2 24: 14 cut or sold outQ3 24: 20 bought or addedQ3 24: 13 cut or sold outQ3 24Q4 24: 29 bought or addedQ4 24: 15 cut or sold outQ1 25: 22 bought or addedQ1 25: 18 cut or sold outQ1 25Q2 25: 25 bought or addedQ2 25: 27 cut or sold outQ3 25: 34 bought or addedQ3 25: 19 cut or sold outQ3 25Q4 25: 37 bought or addedQ4 25: 24 cut or sold outQ1 26: 33 bought or addedQ1 26: 27 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20241614
Q3 20242013
Q4 20242915
Q1 20252218
Q2 20252527
Q3 20253419
Q4 20253724
Q1 20263327

Biggest buyers

Cetera Investment Advisers Added +301,683+301.7k
D.A. DAVIDSON & CO. Added +256,152+256.2k
Advisory Services Network, LLC New +142,282+142.3k
OSAIC HOLDINGS, INC. Added +141,401+141.4k
COMMONWEALTH EQUITY SERVICES, LLC Added +89,949+89.9k
RAYMOND JAMES FINANCIAL INC Added +73,400+73.4k
MML INVESTORS SERVICES, LLC Added +30,244+30.2k
Main Street Group, LTD Added +22,206+22.2k
Cambridge Investment Research Advisors, Inc. Added +22,095+22.1k
LPL Financial LLC Added +20,192+20.2k

Biggest sellers

Kestra Advisory Services, LLC Reduced -104,392-104.4k
Oxford Wealth Group, LLC Reduced -49,855-49.9k
PRINCIPAL SECURITIES, INC. Sold out -38,676-38.7k
Annex Advisory Services, LLC Reduced -31,706-31.7k
Prospera Financial Services Inc Sold out -16,037-16.0k
SMITH SHELLNUT WILSON LLC /ADV Reduced -12,497-12.5k
Focus Partners Advisor Solutions, LLC Sold out -10,942-10.9k
Geneos Wealth Management Inc. Reduced -10,825-10.8k
NORTHWEST WEALTH MANAGEMENT, LLC Sold out -10,582-10.6k
Allworth Financial LP Reduced -9,584-9.6k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 1,496,5791.5m $22.1m $22.1m 0.02% Added +301.7k +301,683
2 Annex Advisory Services, LLC 0.39% of their portfolio BROOKFIELD, WI 1,411,6871.4m $20.8m $20.8m 0.39% Reduced -31.7k -31,706
3 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 1,080,8691.1m $16.0m $16.0m 0.00% Added +73.4k +73,400
4 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 636,722636.7k $9.4m $9.4m 0.01% Added +89.9k +89,949
5 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 566,356566.4k $8.4m $8.4m 0.01% Added +141.4k +141,401
6 D.A. DAVIDSON & CO. 0.04% of their portfolio GREAT FALLS, MT 499,940499.9k $7.4m $7.4m 0.04% Added +256.2k +256,152
7 Oxford Wealth Group, LLC 3.79% of their portfolio ORLANDO, FL 470,549470.5k $6.9m $6.9m 3.79% Reduced -49.9k -49,855
8 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 383,789383.8k $5.7m $5.7m 0.01% Added +22.1k +22,095
9 Allworth Financial LP 0.02% of their portfolio FOLSOM, CA 367,900367.9k $5.4m $5.4m 0.02% Reduced -9.6k -9,584
10 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 314,660314.7k $4.6m $4.6m 0.00% Added +20.2k +20,192
11 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 184,644184.6k $2.7m $2.7m 0.00% Added +17.7k +17,673
12 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 168,369168.4k $2.5m $2.5m 0.00% Added +11.0k +10,965
13 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 166,024166.0k $2.5m $2.5m 0.01% Added +30.2k +30,244
14 Advisory Services Network, LLC 0.03% of their portfolio ATLANTA, GA 142,282142.3k $2.1m $2.1m 0.03% New
15 Concurrent Investment Advisors, LLC 0.02% of their portfolio Tampa, FL 125,327125.3k $1.8m $1.8m 0.02% Reduced -2.5k -2,481
16 Arete Wealth Advisors, LLC 0.11% of their portfolio CHICAGO, IL 102,121102.1k $1.5m $1.5m 0.11% Added +2.5k +2,453
17 Lifetime Wealth Management P.C. 0.72% of their portfolio ROCKWALL, TX 85,29285.3k $1.3m $1.3m 0.72% Added +2.6k +2,570
18 Geneos Wealth Management Inc. 0.03% of their portfolio ENGLEWOOD, CO 74,45974.5k $1.1m $1.1m 0.03% Reduced -10.8k -10,825
19 Dynamic Advisor Solutions LLC 0.03% of their portfolio PHOENIX, AZ 70,02570.0k $1.0m $1.0m 0.03% Reduced -5.9k -5,900
20 THOROUGHBRED FINANCIAL SERVICES, LLC 0.06% of their portfolio BRENTWOOD, TN 67,06567.1k $989.0k $989.0k 0.06% Added +912 +912
21 GWN SECURITIES INC. 0.18% of their portfolio Palm Beach Gardens, FL 63,04163.0k $930.5k $930.5k 0.18% Added +780 +780
22 Envision Financial Transparency, LLC 0.84% of their portfolio GREENSBORO, NC 58,47958.5k $863.0k $863.0k 0.84% First filing
23 Ameritas Advisory Services, LLC 0.03% of their portfolio Lincoln, NE 58,13258.1k $858.0k $858.0k 0.03% Added +1.5k +1,512
24 WEDBUSH SECURITIES INC 0.02% of their portfolio PASADENA, CA 55,41555.4k $818.0k $818.0k 0.02% Reduced -6.8k -6,840
25 MAGNOLIA CAPITAL ADVISORS LLC 0.16% of their portfolio RIDGELAND, MS 53,93453.9k $796.1k $796.1k 0.16% Reduced -9.4k -9,438
26 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 49,07149.1k $706.6k $706.6k 0.00% Added +8.2k +8,186
27 American Trust 0.06% of their portfolio LEXINGTON, KY 47,40547.4k $699.7k $699.7k 0.06% Reduced -122 -122
28 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 45,31945.3k $668.9k $668.9k 0.00% Reduced -811 -811
29 KANE INVESTMENT MANAGEMENT, INC. 0.31% of their portfolio LOS GATOS, CA 40,73140.7k $601.2k $601.2k 0.31% Added +3.2k +3,170
30 Main Street Group, LTD 0.17% of their portfolio GLEN ALLEN, VA 38,99639.0k $575.6k $575.6k 0.17% Added +22.2k +22,206
31 PARK AVENUE SECURITIES LLC 0.00% of their portfolio NEW YORK, NY 36,96337.0k $546.0k $546.0k 0.00% Reduced -1.6k -1,605
32 Bravias Capital Group, LLC 0.34% of their portfolio ISELIN, NJ 35,55635.6k $524.8k $524.8k 0.34% Reduced -5.0k -5,043
33 SMITH SHELLNUT WILSON LLC /ADV 0.19% of their portfolio Ridgeland, MS 29,71029.7k $438.5k $438.5k 0.19% Reduced -12.5k -12,497
34 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 28,80028.8k $425.0k $425.0k 0.00% Reduced -9.4k -9,388
35 Mutual Advisors, LLC 0.01% of their portfolio OMAHA, NE 28,15528.2k $415.6k $415.6k 0.01% Added +659 +659
36 Ethos Financial Group, LLC 0.03% of their portfolio KING OF PRUSSIA, PA 24,00024.0k $354.2k $354.2k 0.03% Unchanged
37 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 22,84222.8k $337.2k $337.2k 0.00% Reduced -104.4k -104,392
38 Modera Wealth Management, LLC 0.00% of their portfolio WESTWOOD, NJ 19,54619.5k $288.5k $288.5k 0.00% Unchanged
39 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 19,44819.4k $287.1k $287.1k 0.00% Unchanged
40 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 16,70116.7k $246.5k $246.5k 0.00% Added +5.2k +5,151
41 Redwood Financial Network Corp 0.15% of their portfolio SOLON, OH 15,43215.4k $227.8k $227.8k 0.15% Added +1.4k +1,439
42 Accel Wealth Management 0.05% of their portfolio WAVERLY, IA 14,26814.3k $210.6k $210.6k 0.05% Reduced -3.2k -3,222
43 Midwest Trust Co 0.00% of their portfolio Overland Park, KS 14,18514.2k $209.4k $209.4k 0.00% Unchanged
44 Ausdal Financial Partners, Inc. 0.01% of their portfolio Davenport, IA 14,13114.1k $208.6k $208.6k 0.01% Unchanged
45 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 13,45613.5k $198.6k $198.6k 0.00% Added +702 +702
46 Avantax Planning Partners, Inc. 0.01% of their portfolio DUBUQUE, IA 13,16913.2k $194.4k $194.4k 0.01% New
47 NFSG Corp 0.03% of their portfolio BOCA RATON, FL 10,89110.9k $160.8k $160.8k 0.03% Reduced -1.1k -1,096
48 CAPITAL WEALTH MANAGEMENT, LLC 0.04% of their portfolio W. WARWICK, RI 10,82510.8k $159.8k $159.8k 0.04% New
49 Claro Advisors Inc. 0.02% of their portfolio BOSTON, MA 10,71210.7k $158.1k $158.1k 0.02% Unchanged
50 Essex Financial Services, Inc. 0.01% of their portfolio ESSEX, CT 10,52710.5k $155.4k $155.4k 0.01% Unchanged
51 FLAGSHIP HARBOR ADVISORS, LLC 0.01% of their portfolio BOSTON, MA 10,52310.5k $155.3k $155.3k 0.01% Unchanged
52 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 8,0408.0k $118.7k $118.7k 0.00% Reduced -8.3k -8,309
53 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 4,2084.2k $62.1k $62.1k 0.00% Reduced -924 -924
54 FMR LLC 0.00% of their portfolio BOSTON, MA 4,1784.2k $61.7k $61.7k 0.00% Added +2.0k +1,977
55 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 3,9243.9k $57.9k $57.9k 0.00% Unchanged
56 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 3,6753.7k $54.2k $54.2k 0.00% Unchanged
57 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 1,5821.6k $23.4k $23.4k 0.00% New
58 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,5821.6k $23.4k $23.4k 0.00% New
59 Weaver Capital Management LLC 0.00% of their portfolio SUWANEE, GA 900900 $13.3k $13.3k 0.00% Unchanged
60 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 584584 $8.6k $8.6k 0.00% New
61 First Command Advisory Services, Inc. 0.00% of their portfolio FORT WORTH, TX 461461 $6.8k $6.8k 0.00% New
62 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 371371 $5.3k $5.3k 0.00% New
63 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 332332 $4.9k $4.9k 0.00% Unchanged
64 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 129129 $1.9k $1.9k 0.00% Unchanged
65 Pflug Koory, LLC 0.00% of their portfolio OMAHA, NE 128128 $1.9k $1.9k 0.00% Unchanged
66 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 100100 $1.5k $1.5k 0.00% Unchanged
67 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 7272 $1.1k $1.1k 0.00% Unchanged
68 Triumph Capital Management 0.00% of their portfolio DENVER, CO 4040 $590 $590 0.00% Added +6 +6
69 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $11 $11 0.00% Unchanged
70 MATHER GROUP, LLC. 0.00% of their portfolio CHICAGO, IL 11 $15 $15 0.00% New