Vault-13

EA SERIES TRUST ORR

MILITIA LONG/SHO · ETP · CUSIP 02072Q820

14 institutional holders +5 vs Q3 2025
1,271,8781.3m shares reported held*
$43.5mreported value*
6 new 4 added 2 reduced 2 sold out net bought ≈ $16.3m (+478.0k 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 ≈ $34.23.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

051015Q1 25: 5Q2 25: 5Q3 25: 9Q4 25: 1414Q1 25Q2 25Q3 25Q4 25
Numbers
QuarterHolders
Q1 20255
Q2 20255
Q3 20259
Q4 202514

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q2 25: 2 bought or addedQ2 25: 3 cut or sold outQ2 25Q3 25: 8 bought or addedQ3 25: 0 cut or sold outQ3 25Q4 25: 10 bought or addedQ4 25: 4 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q2 202523
Q3 202580
Q4 2025104

Biggest buyers

FIG FINANCIAL ADVISORY SERVICES INC /ADV New +296,760+296.8k
Militia Capital Partners, LP Added +76,000+76.0k
GTS SECURITIES LLC New +43,106+43.1k
Quadrature Capital Ltd New +40,390+40.4k
Triton Wealth Management, PLLC New +33,343+33.3k
HighTower Advisors, LLC New +11,138+11.1k
GWN SECURITIES INC. New +8,018+8.0k
STAPP WEALTH MANAGEMENT, PLLC Added +2,361+2.4k
PNC Financial Services Group, Inc. Added +200+200
FIFTH THIRD BANCORP Added +169+169

Biggest sellers

CITADEL ADVISORS LLC Sold out -15,480-15.5k
World Investment Advisors Reduced -14,422-14.4k
Compound Planning, Inc. Reduced -3,065-3.1k
UBS Group AG Sold out -558-558

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Militia Capital Partners, LP 2.09% of their portfolio AUSTIN, TX 322,000322.0k $11.0m $11.0m 2.09% Added +76.0k +76,000
2 FIG FINANCIAL ADVISORY SERVICES INC /ADV 6.42% of their portfolio OKLAHOMA CITY, OK 296,760296.8k $10.1m $10.1m 6.42% New
3 STAPP WEALTH MANAGEMENT, PLLC 10.96% of their portfolio OLYMPIA, WA 249,062249.1k $8.5m $8.5m 10.96% Added +2.4k +2,361
4 SVRN Asset Management, LLC 4.78% of their portfolio AUSTIN, TX 169,964170.0k $5.8m $5.8m 4.78% First filing
5 World Investment Advisors 0.04% of their portfolio LINCROFT, NJ 78,77478.8k $2.7m $2.7m 0.04% Reduced -14.4k -14,422
6 GTS SECURITIES LLC 0.05% of their portfolio NEW YORK, NY 43,10643.1k $1.5m $1.5m 0.05% New
7 Quadrature Capital Ltd 0.01% of their portfolio LONDON, X0 40,39040.4k $1.4m $1.4m 0.01% New
8 Triton Wealth Management, PLLC 0.46% of their portfolio SUN CITY, AZ 33,34333.3k $1.2m $1.2m 0.46% New
9 Compound Planning, Inc. 0.01% of their portfolio NEW YORK, NY 12,40912.4k $423.9k $423.9k 0.01% Reduced -3.1k -3,065
10 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 11,13811.1k $380.5k $380.5k 0.00% New
11 GWN SECURITIES INC. 0.06% of their portfolio Palm Beach Gardens, FL 8,0188.0k $273.9k $273.9k 0.06% New
12 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 4,2004.2k $143.5k $143.5k 0.00% Added +200 +200
13 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,5001.5k $51.2k $51.2k 0.00% Unchanged
14 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 1,2141.2k $41.5k $41.5k 0.00% Added +169 +169