Vault-13

AMERICAN CENTY ETF TR AVDV

INTL SMCP VLU · ETP · CUSIP 025072802

500 institutional holders +23 vs Q2 2025
113,024,113113.0m shares reported held*
$10.0bnreported value*
61 new 226 added 137 reduced 28 sold out net bought ≈ $1.4bn (+16.4m 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 ($11.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $88.82. Options: 1 managers hold calls ($365.0k notional), 0 hold puts (—).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 171Q4 22: 196Q1 23: 224Q2 23: 243Q3 23: 265Q4 23: 316Q1 24: 332Q2 24: 331Q3 24: 364Q4 24: 419Q1 25: 441Q2 25: 477Q3 25: 500500Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022171
Q4 2022196
Q1 2023224
Q2 2023243
Q3 2023265
Q4 2023316
Q1 2024332
Q2 2024331
Q3 2024364
Q4 2024419
Q1 2025441
Q2 2025477
Q3 2025500

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 23: 192 bought or addedQ4 23: 80 cut or sold outQ1 24: 210 bought or addedQ1 24: 96 cut or sold outQ1 24Q2 24: 217 bought or addedQ2 24: 105 cut or sold outQ3 24: 219 bought or addedQ3 24: 97 cut or sold outQ3 24Q4 24: 247 bought or addedQ4 24: 111 cut or sold outQ1 25: 274 bought or addedQ1 25: 144 cut or sold outQ1 25Q2 25: 280 bought or addedQ2 25: 158 cut or sold outQ3 25: 287 bought or addedQ3 25: 165 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 202319280
Q1 202421096
Q2 2024217105
Q3 202421997
Q4 2024247111
Q1 2025274144
Q2 2025280158
Q3 2025287165

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ4 24 calls: $13.0kQ4 24 puts: $32.5kQ4 24P/C 2.50Q1 25 calls: $20.9kQ1 25 puts: $7.0kQ1 25P/C 0.33Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $365.0kQ3 25 puts: $0Q3 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2024$13.0k$32.5k2.50
Q1 2025$20.9k$7.0k0.33
Q2 2025$0$0—
Q3 2025$365.0k$00.00

Biggest buyers

JONES FINANCIAL COMPANIES LLLP Added +11,274,698+11.3m
Creative Planning Added +2,233,256+2.2m
Savant Capital, LLC Added +580,555+580.6k
LPL Financial LLC Added +440,467+440.5k
Horizon Investments, LLC New +383,828+383.8k
BANK OF MONTREAL /CAN/ Added +366,601+366.6k
STIFEL FINANCIAL CORP Added +290,835+290.8k
Ocean Park Asset Management, LLC New +277,008+277.0k
JANE STREET GROUP, LLC Added +271,572+271.6k
BENJAMIN EDWARDS INC New +255,595+255.6k

Biggest sellers

CITADEL ADVISORS LLC Reduced -1,254,929-1.3m
Empowered Funds, LLC Sold out -657,690-657.7k
Unison Advisors LLC Reduced -461,362-461.4k
Corient Private Wealth LP Reduced -422,471-422.5k
Bison Wealth, LLC Sold out -84,958-85.0k
ROYAL BANK OF CANADA Reduced -79,371-79.4k
Simplicity Wealth,LLC Reduced -70,000-70.0k
Mason Investment Advisory Services, Inc. Reduced -60,204-60.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -39,964-40.0k
Merit Financial Group, LLC Reduced -33,692-33.7k

Biggest calls

CITADEL ADVISORS LLC New $365.0k4.1k 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Savant Capital, LLC 13G · institution new · filed 2025-08-07 8.3% new 11.0m≈ $1.1bn 2025-08-07

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Creative Planning 1.40% of their portfolio OVERLAND PARK, KS 20,621,86020.6m $1.8bn $1.8bn 1.40% Added +2.2m +2,233,256
2 JONES FINANCIAL COMPANIES LLLP 1.15% of their portfolio DES PERES, MO 19,051,67219.1m $1.7bn $1.7bn 1.15% Added +11.3m +11,274,698
3 Savant Capital, LLC 6.22% of their portfolio ROCKFORD, IL 11,508,96511.5m $1.0bn $1.0bn 6.22% Added +580.6k +580,555
4 Focus Partners Advisor Solutions, LLC 4.10% of their portfolio SAINT LOUIS, MO 4,043,7664.0m $361.6m $361.6m 4.10% Added +236.0k +236,023
5 Focus Partners Wealth 0.54% of their portfolio ST LOUIS, MO 3,766,1063.8m $335.3m $335.3m 0.54% Added +213.6k +213,560
6 Accredited Investors Inc. 12.81% of their portfolio EDINA, MN 2,578,7962.6m $229.6m $229.6m 12.81% Added +86.8k +86,762
7 Mason Investment Advisory Services, Inc. 10.62% of their portfolio RESTON, VA 2,395,7902.4m $213.3m $213.3m 10.62% Reduced -60.2k -60,204
8 ENVESTNET ASSET MANAGEMENT INC 0.06% of their portfolio Berwyn, PA 2,271,4282.3m $202.2m $202.2m 0.06% Added +98.1k +98,127
9 Modera Wealth Management, LLC 2.04% of their portfolio WESTWOOD, NJ 1,977,2842.0m $176.0m $176.0m 2.04% Added +165.4k +165,353
10 Pure Financial Advisors, LLC 2.37% of their portfolio SAN DIEGO, CA 1,669,1831.7m $148.6m $148.6m 2.37% Added +46.0k +45,991
11 Haverford Trust Co 1.33% of their portfolio Radnor, PA 1,651,2501.7m $147.0m $147.0m 1.33% Reduced -10.5k -10,546
12 Cerity Partners LLC 0.19% of their portfolio NEW YORK, NY 1,326,2291.3m $118.1m $118.1m 0.19% Added +9.1k +9,067
13 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 1,299,3671.3m $115.7m $115.7m 0.03% Added +440.5k +440,467
14 AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio KANSAS CITY, MO 962,130962.1k $85.7m $85.7m 0.04% Added +21.7k +21,689
15 BANK OF MONTREAL /CAN/ 0.03% of their portfolio TORONTO, A6 830,593830.6k $73.9m $73.9m 0.03% Added +366.6k +366,601
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 732,319732.3k $65.2m $65.2m 0.00% Added +75.2k +75,213
17 Unison Advisors LLC 5.81% of their portfolio PROVIDENCE, RI 714,650714.6k $63.6m $63.6m 5.81% Reduced -461.4k -461,362
18 TCI Wealth Advisors, Inc. 3.66% of their portfolio Tucson, AZ 689,289689.3k $61.4m $61.4m 3.66% Added +15.2k +15,214
19 Sequoia Financial Advisors, LLC 0.35% of their portfolio Akron, OH 635,846635.8k $56.6m $56.6m 0.35% Added +36.7k +36,739
20 Corient Private Wealth LP 0.09% of their portfolio MIAMI, FL 630,982631.0k $56.2m $56.2m 0.09% Reduced -422.5k -422,471
21 Frontier Asset Management, LLC 13.29% of their portfolio SHERIDAN, WY 597,851597.9k $53.2m $53.2m 13.29% Reduced -436 -436
22 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 1.06% of their portfolio Seattle, WA 594,022594.0k $52.9m $52.9m 1.06% Added +15.5k +15,479
23 HighTower Advisors, LLC 0.06% of their portfolio CHICAGO, IL 580,137580.1k $51.6m $51.6m 0.06% Reduced -5.0k -4,969
24 Foster Group, Inc. 1.58% of their portfolio WEST DES MOINES, IA 564,686564.7k $50.3m $50.3m 1.58% Reduced -22.7k -22,677
25 Burton Enright Welch 7.55% of their portfolio WALNUT CREEK, CA 561,914561.9k $50.0m $50.0m 7.55% Added +8.4k +8,375
26 Wealth Management Nebraska 5.81% of their portfolio Norfolk, NE 547,797547.8k $48.8m $48.8m 5.81% Added +7.6k +7,643
27 JANE STREET GROUP, LLC 0.06% of their portfolio NEW YORK, NY 540,000540.0k $48.1m $48.1m 0.06% Added +271.6k +271,572
28 Divergent Planning, LLC 12.73% of their portfolio BETHESDA, MD 532,016532.0k $47.9m $47.9m 12.73% Added +391 +391
29 Hill Investment Group Partners, LLC 5.54% of their portfolio ST. LOUIS, MO 510,797510.8k $45.5m $45.5m 5.54% Reduced -7.7k -7,715
30 PARK AVENUE SECURITIES LLC 0.33% of their portfolio NEW YORK, NY 473,562473.6k $42.2m $42.2m 0.33% Added +444 +444
31 Brickley Wealth Management 7.09% of their portfolio SAN MATEO, CA 456,705456.7k $40.7m $40.7m 7.09% Added +5.0k +5,024
32 Annex Advisory Services, LLC 0.85% of their portfolio BROOKFIELD, WI 449,982450.0k $40.1m $40.1m 0.85% Added +28.0k +28,025
33 Apella Capital, LLC 0.89% of their portfolio WEST HARTFORD, CT 446,632446.6k $39.9m $39.9m 0.89% Added +24.6k +24,558
34 Beaird Harris Wealth Management, LLC 2.78% of their portfolio DALLAS, TX 439,978440.0k $39.2m $39.2m 2.78% Reduced -829 -829
35 Moisand Fitzgerald Tamayo, LLC 4.23% of their portfolio ORLANDO, FL 403,602403.6k $35.9m $35.9m 4.23% Reduced -6.7k -6,694
36 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 398,320398.3k $35.5m $35.5m 0.02% Added +10.1k +10,055
37 Cresset Asset Management, LLC 0.15% of their portfolio Chicago, IL 385,491385.5k $34.3m $34.3m 0.15% Added +2.3k +2,269
38 AlphaCore Capital LLC 1.16% of their portfolio LA JOLLA, CA 384,914384.9k $34.3m $34.3m 1.16% Reduced -25.3k -25,288
39 Horizon Investments, LLC 0.45% of their portfolio Charlotte, NC 383,828383.8k $34.2m $34.2m 0.45% New
40 Greenline Partners, LLC 4.01% of their portfolio NEW YORK, NY 370,839370.8k $33.0m $33.0m 4.01% Added +25.0k +25,004
41 Opus Capital Group, LLC 3.40% of their portfolio CINCINNATI, OH 340,007340.0k $30.3m $30.3m 3.40% Reduced -103 -103
42 Meredith Wealth Planning 9.29% of their portfolio MARYVILLE, IL 329,207329.2k $29.3m $29.3m 9.29% Reduced -1.4k -1,446
43 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 328,190328.2k $29.2m $29.2m 0.03% Added +290.8k +290,835
44 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 326,009326.0k $29.0m $29.0m 0.03% Added +45.3k +45,299
45 Marquette Asset Management, LLC 4.43% of their portfolio MINNEAPOLIS, MN 325,150325.1k $28.9m $28.9m 4.43% Added +4.5k +4,498
46 Allegiance Financial Group Advisory Services LLC 6.54% of their portfolio VIENNA, VA 319,218319.2k $28.4m $28.4m 6.54% Added +16.3k +16,286
47 Werba Rubin Papier Wealth Management 4.55% of their portfolio SAN JOSE, CA 316,400316.4k $28.2m $28.2m 4.55% Added +14.2k +14,238
48 Willow Creek Wealth Management Inc. 2.19% of their portfolio Sebastopol, CA 299,193299.2k $26.6m $26.6m 2.19% Added +4.0k +3,958
49 CogentBlue Wealth Advisors, LLC 17.97% of their portfolio KNOXVILLE, TN 296,272296.3k $26.4m $26.4m 17.97% Reduced -6.8k -6,837
50 Prime Capital Investment Advisors, LLC 0.32% of their portfolio OVERLAND PARK, KS 285,856285.9k $25.4m $25.4m 0.32% Reduced -6.4k -6,363
51 Ocean Park Asset Management, LLC 1.02% of their portfolio SANTA MONICA, CA 277,008277.0k $24.7m $24.7m 1.02% New
52 Stratos Investment Management, LLC 1.00% of their portfolio BEACHWOOD, OH 271,921271.9k $24.2m $24.2m 1.00% Added +1.3k +1,301
53 Falcon Wealth Planning 2.14% of their portfolio Ontario, CA 267,181267.2k $23.8m $23.8m 2.14% Added +7.5k +7,535
54 DEFINE FINANCIAL, LLC 14.08% of their portfolio SAN DIEGO, CA 263,495263.5k $23.5m $23.5m 14.08% Reduced -332 -332
55 Emprise Bank 9.99% of their portfolio WICHITA, KS 259,894259.9k $23.1m $23.1m 9.99% Added +14.2k +14,193
56 Pathstone Holdings, LLC 0.09% of their portfolio ENGLEWOOD, NJ 259,856259.9k $23.1m $23.1m 0.09% Added +28.3k +28,338
57 BENJAMIN EDWARDS INC 0.26% of their portfolio Clayton, MO 255,595255.6k $22.8m $22.8m 0.26% New
58 NORTHWEST WEALTH MANAGEMENT, LLC 3.75% of their portfolio SPENCER, IA 255,510255.5k $22.7m $22.7m 3.75% Reduced -5.6k -5,551
59 ATWOOD & PALMER INC 1.33% of their portfolio KANSAS CITY, MO 255,233255.2k $22.7m $22.7m 1.33% Added +2.6k +2,625
60 Kondo Wealth Advisors, Inc. 9.08% of their portfolio PASADENA, CA 252,931252.9k $22.5m $22.5m 9.08% Added +7.1k +7,149
61 Efficient Advisors, LLC 1.26% of their portfolio BEAVERTON, OR 252,143252.1k $22.4m $22.4m 1.26% Reduced -20.5k -20,549
62 Peirce Capital Management, LLC 8.81% of their portfolio THE WOODLANDS, TX 238,149238.1k $21.2m $21.2m 8.81% Added +5.9k +5,878
63 Morton Brown Family Wealth, LLC 6.05% of their portfolio ALLENTOWN, PA 236,947236.9k $21.1m $21.1m 6.05% Reduced -861 -861
64 FINANCIAL MANAGEMENT NETWORK INC 3.46% of their portfolio MISSION VIEJO, CA 232,767232.8k $21.0m $21.0m 3.46% Added +19.6k +19,597
65 QUARRY HILL ADVISORS, LLC 10.58% of their portfolio ST PAUL, MN 231,659231.7k $20.6m $20.6m 10.58% Added +6.0k +5,990
66 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 230,749230.7k $20.5m $20.5m 0.01% Added +48.6k +48,597
67 Quantum Financial Advisors, LLC 2.25% of their portfolio SANTA MONICA, CA 207,295207.3k $18.5m $18.5m 2.25% Added +3.0k +2,996
68 EXCHANGE TRADED CONCEPTS, LLC 0.18% of their portfolio Oklahoma City, OK 207,148207.1k $18.4m $18.4m 0.18% Reduced -2.0k -1,960
69 Wealth Architects, LLC 1.64% of their portfolio MOUNTAIN VIEW, CA 195,394195.4k $17.4m $17.4m 1.64% Reduced -1.2k -1,234
70 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 193,747193.7k $17.2m $17.2m 0.02% Added +6.9k +6,944
71 Great Point Wealth Advisors, LLC 3.22% of their portfolio BOSTON, MA 192,318192.3k $17.1m $17.1m 3.22% First filing
72 Squire Investment Management Company, LLC 5.34% of their portfolio Orem, UT 184,297184.3k $16.4m $16.4m 5.34% Added +6.7k +6,690
73 McMill Wealth Management 4.58% of their portfolio NORFOLK, NE 180,531180.5k $16.1m $16.1m 4.58% Reduced -3.3k -3,329
74 Prosperity Planning, Inc. 4.29% of their portfolio NORTH KANSAS CITY, MO 178,679178.7k $15.9m $15.9m 4.29% Reduced -3.6k -3,558
75 CWM, LLC 0.05% of their portfolio OMAHA, NE 177,832177.8k $15.8m $15.8m 0.05% Added +137.0k +136,994
76 Perigon Wealth Management, LLC 0.32% of their portfolio SAN FRANCISCO, CA 177,687177.7k $15.8m $15.8m 0.32% Added +8.1k +8,071
77 Plancorp, LLC 0.49% of their portfolio SAINT LOUIS, MO 176,052176.1k $15.7m $15.7m 0.49% Added +192 +192
78 RED LIGHTHOUSE INVESTMENT MANAGEMENT, LLC 5.45% of their portfolio HILLSDALE, NY 175,090175.1k $15.6m $15.6m 5.45% Reduced -127 -127
79 Oakwell Private Wealth Management, LLC 3.13% of their portfolio Austin, TX 175,011175.0k $15.6m $15.6m 3.13% Added +4.8k +4,819
80 NOTTINGHAM ADVISORS, INC. 2.15% of their portfolio AMHERST, NY 173,982174.0k $15.5m $15.5m 2.15% Reduced -3.4k -3,367
81 Kaufman Rossin Wealth, LLC 8.09% of their portfolio Miami, FL 166,041166.0k $14.8m $14.8m 8.09% Added +7.6k +7,631
82 Waverly Advisors, LLC 0.15% of their portfolio BIRMINGHAM, AL 164,208164.2k $14.6m $14.6m 0.15% Added +319 +319
83 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 163,370163.4k $14.5m $14.5m 0.00% Added +42.8k +42,750
84 Flagstone Financial Management 3.78% of their portfolio LINCOLN, NE 160,846160.8k $14.3m $14.3m 3.78% Reduced -2.3k -2,349
85 Mariner, LLC 0.02% of their portfolio Overland Park, KS 159,859159.9k $14.2m $14.2m 0.02% Added +46.5k +46,478
86 Valued Wealth Advisors LLC 6.59% of their portfolio HOLLADAY, UT 159,514159.5k $14.2m $14.2m 6.59% Added +4.5k +4,491
87 World Investment Advisors 0.29% of their portfolio LINCROFT, NJ 159,396159.4k $14.2m $14.2m 0.29% Added +20.5k +20,479
88 JRM Investment Counsel, LLC 4.10% of their portfolio OMAHA, NE 153,715153.7k $13.7m $13.7m 4.10% Added +8.2k +8,186
89 Bedel Financial Consulting, Inc. 1.73% of their portfolio INDIANAPOLIS, IN 151,732151.7k $13.5m $13.5m 1.73% New
90 Strategic Blueprint, LLC 0.59% of their portfolio ATLANTA, GA 151,161151.2k $13.5m $13.5m 0.59% Reduced -2.4k -2,422
91 Henrickson Nauta Wealth Advisors, Inc. 4.23% of their portfolio BELMONT, MI 150,232150.2k $13.4m $13.4m 4.23% Reduced -920 -920
92 Brady Martz Wealth Solutions, LLC 2.37% of their portfolio GRAND FORKS, ND 146,902146.9k $13.1m $13.1m 2.37% Added +3.4k +3,384
93 Private Wealth Management Group, LLC 3.56% of their portfolio PRINCETON, NJ 145,073145.1k $12.9m $12.9m 3.56% Added +8.7k +8,666
94 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 144,182144.2k $12.9m $12.9m 0.02% Added +8.2k +8,159
95 Intergy Private Wealth, LLC 3.96% of their portfolio COLORADO SPRINGS, CO 142,325142.3k $12.7m $12.7m 3.96% Reduced -1.8k -1,834
96 Larson Financial Group LLC 0.44% of their portfolio ST LOUIS, MO 141,669141.7k $12.6m $12.6m 0.44% Reduced -5.4k -5,375
97 Robinswood Financial LLC 4.14% of their portfolio KIRKLAND, WA 139,247139.2k $12.4m $12.4m 4.14% Reduced -2.4k -2,379
98 Accredited Wealth Management, LLC 0.43% of their portfolio LOUISVILLE, KY 135,375135.4k $573.3k $573.3k 0.43% Added +134.8k +134,767
99 COLLECTIVE FAMILY OFFICE LLC 2.89% of their portfolio YORK, PA 135,359135.4k $12.1m $12.1m 2.89% Reduced -3.9k -3,938
100 HMV Wealth Advisors, LLC 6.56% of their portfolio SHREVEPORT, LA 133,950133.9k $11.9m $11.9m 6.56% Added +28.8k +28,840