Vault-13

AMERICAN CENTY ETF TR AVDV

INTL SMCP VLU · ETP · CUSIP 025072802

585 institutional holders +85 vs Q3 2025
132,974,119133.0m shares reported held*
$12.5bnreported value*
62 new 264 added 145 reduced 29 sold out net bought ≈ $1.7bn (+18.4m 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 ($13.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $94.03. Options: 0 managers hold calls (— notional), 1 hold puts ($216.1k).

Trends to Q4 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: 500Q4 25: 585585Q3 22Q2 23Q1 24Q4 24Q4 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
Q4 2025585

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 210 bought or addedQ1 24: 96 cut or sold outQ2 24: 217 bought or addedQ2 24: 105 cut or sold outQ2 24Q3 24: 219 bought or addedQ3 24: 97 cut or sold outQ4 24: 247 bought or addedQ4 24: 111 cut or sold outQ4 24Q1 25: 274 bought or addedQ1 25: 144 cut or sold outQ2 25: 280 bought or addedQ2 25: 158 cut or sold outQ2 25Q3 25: 287 bought or addedQ3 25: 165 cut or sold outQ4 25: 326 bought or addedQ4 25: 174 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202421096
Q2 2024217105
Q3 202421997
Q4 2024247111
Q1 2025274144
Q2 2025280158
Q3 2025287165
Q4 2025326174

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ1 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 0.00Q4 25 calls: $0Q4 25 puts: $216.1kQ4 25P/C —
Numbers
QuarterCallsPutsP/C
Q1 2025$20.9k$7.0k0.33
Q2 2025$0$0—
Q3 2025$365.0k$00.00
Q4 2025$0$216.1k—

Biggest buyers

JONES FINANCIAL COMPANIES LLLP Added +11,889,430+11.9m
Creative Planning Added +1,970,548+2.0m
Corient Private Wealth LP Added +1,912,513+1.9m
Focus Partners Wealth Added +352,636+352.6k
Krilogy Financial LLC New +286,001+286.0k
Symmetry Partners, LLC Added +248,151+248.2k
Horizon Investments, LLC Added +209,513+209.5k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +202,398+202.4k
Henrickson Nauta Wealth Advisors, Inc. Added +144,555+144.6k
BANK OF AMERICA CORP /DE/ Added +144,187+144.2k

Biggest sellers

JANE STREET GROUP, LLC Sold out -540,000-540.0k
Werba Rubin Papier Wealth Management Sold out -316,400-316.4k
Focus Partners Advisor Solutions, LLC Reduced -138,773-138.8k
Strategic Blueprint, LLC Reduced -80,602-80.6k
Savant Capital, LLC Reduced -69,096-69.1k
Efficient Advisors, LLC Reduced -52,739-52.7k
Destiny Wealth Partners, LLC Sold out -51,355-51.4k
AlphaCore Capital LLC Reduced -50,488-50.5k
OLD MISSION CAPITAL LLC Sold out -35,244-35.2k
NorthCoast Asset Management LLC Sold out -34,609-34.6k

Biggest calls

None

Biggest puts

CITADEL ADVISORS LLC New $216.1k2.3k 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.

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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JONES FINANCIAL COMPANIES LLLP 1.77% of their portfolio DES PERES, MO 30,941,10230.9m $2.9bn $2.9bn 1.77% Added +11.9m +11,889,430
2 Creative Planning 1.52% of their portfolio OVERLAND PARK, KS 22,592,40822.6m $2.1bn $2.1bn 1.52% Added +2.0m +1,970,548
3 Savant Capital, LLC 6.11% of their portfolio ROCKFORD, IL 11,439,86911.4m $1.1bn $1.1bn 6.11% Reduced -69.1k -69,096
4 Focus Partners Wealth 0.44% of their portfolio ST LOUIS, MO 4,118,7424.1m $387.0m $387.0m 0.44% Added +352.6k +352,636
5 Focus Partners Advisor Solutions, LLC 4.50% of their portfolio SAINT LOUIS, MO 3,904,9933.9m $367.0m $367.0m 4.50% Reduced -138.8k -138,773
6 Accredited Investors Inc. 13.03% of their portfolio EDINA, MN 2,610,2762.6m $245.3m $245.3m 13.03% Added +31.5k +31,480
7 Corient Private Wealth LP 0.16% of their portfolio MIAMI, FL 2,543,4952.5m $239.1m $239.1m 0.16% Added +1.9m +1,912,513
8 Mason Investment Advisory Services, Inc. 10.77% of their portfolio RESTON, VA 2,415,7982.4m $227.0m $227.0m 10.77% Added +20.0k +20,008
9 ENVESTNET ASSET MANAGEMENT INC 0.06% of their portfolio Berwyn, PA 2,281,6872.3m $214.4m $214.4m 0.06% Added +10.3k +10,259
10 Modera Wealth Management, LLC 2.26% of their portfolio WESTWOOD, NJ 2,079,5182.1m $195.4m $195.4m 2.26% Added +102.2k +102,234
11 Pure Financial Advisors, LLC 2.38% of their portfolio SAN DIEGO, CA 1,712,0371.7m $160.9m $160.9m 2.38% Added +42.9k +42,854
12 Haverford Trust Co 1.37% of their portfolio Radnor, PA 1,639,5201.6m $154.1m $154.1m 1.37% Reduced -11.7k -11,730
13 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 1,426,2211.4m $134.0m $134.0m 0.04% Added +126.9k +126,854
14 Cerity Partners LLC 0.18% of their portfolio NEW YORK, NY 1,333,9321.3m $125.3m $125.3m 0.18% Added +7.7k +7,703
15 AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio KANSAS CITY, MO 1,037,8951.0m $97.5m $97.5m 0.05% Added +75.8k +75,765
16 BANK OF MONTREAL /CAN/ 0.04% of their portfolio TORONTO, A6 937,485937.5k $88.1m $88.1m 0.04% Added +106.9k +106,892
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 867,838867.8k $81.6m $81.6m 0.00% Added +135.5k +135,519
18 Unison Advisors LLC 6.81% of their portfolio PROVIDENCE, RI 828,958829.0k $77.9m $77.9m 6.81% Added +114.3k +114,308
19 TCI Wealth Advisors, Inc. 3.62% of their portfolio Tucson, AZ 699,750699.8k $65.8m $65.8m 3.62% Added +10.5k +10,461
20 Sequoia Financial Advisors, LLC 0.33% of their portfolio Akron, OH 636,545636.5k $59.8m $59.8m 0.33% Added +699 +699
21 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 1.03% of their portfolio Seattle, WA 612,414612.4k $57.5m $57.5m 1.03% Added +18.4k +18,392
22 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 600,718600.7k $56.4m $56.4m 0.04% Added +202.4k +202,398
23 Horizon Investments, LLC 0.71% of their portfolio Charlotte, NC 593,341593.3k $55.8m $55.8m 0.71% Added +209.5k +209,513
24 Frontier Asset Management, LLC 12.72% of their portfolio SHERIDAN, WY 583,873583.9k $54.9m $54.9m 12.72% Reduced -14.0k -13,978
25 HighTower Advisors, LLC 0.06% of their portfolio CHICAGO, IL 579,005579.0k $54.4m $54.4m 0.06% Reduced -1.1k -1,132
26 Burton Enright Welch 7.51% of their portfolio WALNUT CREEK, CA 567,497567.5k $53.3m $53.3m 7.51% Added +5.6k +5,583
27 Wealth Management Nebraska 5.94% of their portfolio Norfolk, NE 552,689552.7k $51.9m $51.9m 5.94% Added +4.9k +4,892
28 Foster Group, Inc. 1.55% of their portfolio WEST DES MOINES, IA 546,876546.9k $51.4m $51.4m 1.55% Reduced -17.8k -17,810
29 Divergent Planning, LLC 12.83% of their portfolio BETHESDA, MD 529,894529.9k $50.2m $50.2m 12.83% Reduced -2.1k -2,122
30 Hill Investment Group Partners, LLC 5.69% of their portfolio ST. LOUIS, MO 509,015509.0k $47.8m $47.8m 5.69% Reduced -1.8k -1,782
31 Petersen Hastings Wealth Advisors Inc. 4.59% of their portfolio KENNEWICK, WA 508,993509.0k $47.8m $47.8m 4.59% First filing
32 PARK AVENUE SECURITIES LLC 0.39% of their portfolio NEW YORK, NY 492,822492.8k $46.3m $46.3m 0.39% Added +19.3k +19,260
33 Apella Capital, LLC 0.87% of their portfolio WEST HARTFORD, CT 470,399470.4k $44.2m $44.2m 0.87% Added +23.8k +23,767
34 Annex Advisory Services, LLC 0.84% of their portfolio BROOKFIELD, WI 465,391465.4k $43.7m $43.7m 0.84% Added +15.4k +15,409
35 Brickley Wealth Management 7.18% of their portfolio SAN MATEO, CA 453,170453.2k $42.6m $42.6m 7.18% Reduced -3.5k -3,535
36 Beaird Harris Wealth Management, LLC 2.83% of their portfolio DALLAS, TX 437,080437.1k $41.1m $41.1m 2.83% Reduced -2.9k -2,898
37 STIFEL FINANCIAL CORP 0.04% of their portfolio ST. LOUIS, MO 421,741421.7k $39.6m $39.6m 0.04% Added +93.6k +93,551
38 Greenline Partners, LLC 4.34% of their portfolio NEW YORK, NY 403,281403.3k $37.9m $37.9m 4.34% Added +32.4k +32,442
39 Ocean Park Asset Management, LLC 1.78% of their portfolio SANTA MONICA, CA 402,737402.7k $37.8m $37.8m 1.78% Added +125.7k +125,729
40 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 398,568398.6k $37.5m $37.5m 0.04% Added +72.6k +72,559
41 Moisand Fitzgerald Tamayo, LLC 4.23% of their portfolio ORLANDO, FL 398,564398.6k $37.5m $37.5m 4.23% Reduced -5.0k -5,038
42 Cresset Asset Management, LLC 0.16% of their portfolio Chicago, IL 389,329389.3k $36.6m $36.6m 0.16% Added +3.8k +3,838
43 Opus Capital Group, LLC 3.48% of their portfolio CINCINNATI, OH 341,559341.6k $32.1m $32.1m 3.48% Added +1.6k +1,552
44 Allegiance Financial Group Advisory Services LLC 6.62% of their portfolio VIENNA, VA 334,920334.9k $31.5m $31.5m 6.62% Added +15.7k +15,702
45 AlphaCore Capital LLC 0.71% of their portfolio LA JOLLA, CA 334,426334.4k $31.4m $31.4m 0.71% Reduced -50.5k -50,488
46 Symmetry Partners, LLC 1.86% of their portfolio GLASTONBURY, CT 334,416334.4k $31.4m $31.4m 1.86% Added +248.2k +248,151
47 Marquette Asset Management, LLC 4.55% of their portfolio MINNEAPOLIS, MN 327,976328.0k $30.8m $30.8m 4.55% Added +2.8k +2,826
48 Meredith Wealth Planning 9.02% of their portfolio MARYVILLE, IL 322,363322.4k $30.3m $30.3m 9.02% Reduced -6.8k -6,844
49 BENJAMIN EDWARDS INC 0.32% of their portfolio Clayton, MO 308,921308.9k $29.0m $29.0m 0.32% Added +53.3k +53,326
50 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 307,557307.6k $28.9m $28.9m 0.00% Added +144.2k +144,187
51 Pathstone Holdings, LLC 0.11% of their portfolio ENGLEWOOD, NJ 301,384301.4k $28.3m $28.3m 0.11% Added +41.5k +41,528
52 Henrickson Nauta Wealth Advisors, Inc. 4.18% of their portfolio BELMONT, MI 294,787294.8k $28.3m $28.3m 4.18% Added +144.6k +144,555
53 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 286,265286.3k $26.9m $26.9m 0.01% Added +55.5k +55,516
54 Krilogy Financial LLC 1.00% of their portfolio ST. LOUIS, MO 286,001286.0k $29.3m $29.3m 1.00% New
55 Stratos Investment Management, LLC 1.04% of their portfolio BEACHWOOD, OH 276,251276.3k $26.0m $26.0m 1.04% Added +4.3k +4,330
56 Prime Capital Investment Advisors, LLC 0.31% of their portfolio OVERLAND PARK, KS 273,326273.3k $25.7m $25.7m 0.31% Reduced -12.5k -12,530
57 Falcon Wealth Planning 2.12% of their portfolio Ontario, CA 268,200268.2k $25.2m $25.2m 2.12% Added +1.0k +1,019
58 Emprise Bank 10.43% of their portfolio WICHITA, KS 266,985267.0k $25.1m $25.1m 10.43% Added +7.1k +7,091
59 ATWOOD & PALMER INC 1.42% of their portfolio KANSAS CITY, MO 265,035265.0k $24.9m $24.9m 1.42% Added +9.8k +9,802
60 CogentBlue Wealth Advisors, LLC 16.80% of their portfolio KNOXVILLE, TN 262,390262.4k $24.7m $24.7m 16.80% Reduced -33.9k -33,882
61 Kondo Wealth Advisors, Inc. 9.24% of their portfolio PASADENA, CA 256,949256.9k $24.1m $24.1m 9.24% Added +4.0k +4,018
62 DEFINE FINANCIAL, LLC 13.51% of their portfolio SAN DIEGO, CA 253,573253.6k $23.8m $23.8m 13.51% Reduced -9.9k -9,922
63 QUARRY HILL ADVISORS, LLC 10.65% of their portfolio ST PAUL, MN 243,856243.9k $22.9m $22.9m 10.65% Added +12.2k +12,197
64 NORTHWEST WEALTH MANAGEMENT, LLC 3.56% of their portfolio SPENCER, IA 240,705240.7k $22.6m $22.6m 3.56% Reduced -14.8k -14,805
65 FINANCIAL MANAGEMENT NETWORK INC 3.58% of their portfolio MISSION VIEJO, CA 238,590238.6k $22.6m $22.6m 3.58% Added +5.8k +5,823
66 Peirce Capital Management, LLC 8.84% of their portfolio THE WOODLANDS, TX 236,286236.3k $22.2m $22.2m 8.84% Reduced -1.9k -1,863
67 Morton Brown Family Wealth, LLC 6.03% of their portfolio ALLENTOWN, PA 235,539235.5k $22.1m $22.1m 6.03% Reduced -1.4k -1,408
68 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 232,007232.0k $21.8m $21.8m 0.03% Added +38.3k +38,260
69 Quantum Financial Advisors, LLC 2.24% of their portfolio SANTA MONICA, CA 211,926211.9k $19.9m $19.9m 2.24% Added +4.6k +4,631
70 EXCHANGE TRADED CONCEPTS, LLC 0.16% of their portfolio Oklahoma City, OK 205,188205.2k $19.3m $19.3m 0.16% Reduced -2.0k -1,960
71 Wealth Architects, LLC 1.69% of their portfolio MOUNTAIN VIEW, CA 199,570199.6k $18.8m $18.8m 1.69% Added +4.2k +4,176
72 Efficient Advisors, LLC 1.09% of their portfolio BEAVERTON, OR 199,404199.4k $18.7m $18.7m 1.09% Reduced -52.7k -52,739
73 World Investment Advisors 0.30% of their portfolio LINCROFT, NJ 195,512195.5k $18.4m $18.4m 0.30% Added +36.1k +36,116
74 Squire Investment Management Company, LLC 5.38% of their portfolio Orem, UT 189,174189.2k $17.8m $17.8m 5.38% Added +4.9k +4,877
75 McMill Wealth Management 4.79% of their portfolio NORFOLK, NE 181,411181.4k $17.0m $17.0m 4.79% Added +880 +880
76 Perigon Wealth Management, LLC 0.30% of their portfolio SAN FRANCISCO, CA 179,585179.6k $16.9m $16.9m 0.30% Added +1.9k +1,898
77 Prosperity Planning, Inc. 4.40% of their portfolio NORTH KANSAS CITY, MO 178,871178.9k $16.8m $16.8m 4.40% Added +192 +192
78 Invariant Investment Management 11.08% of their portfolio CAMP HILL, PA 178,189178.2k $17.3m $17.3m 11.08% First filing
79 Oakwell Private Wealth Management, LLC 3.10% of their portfolio Austin, TX 176,947176.9k $16.6m $16.6m 3.10% Added +1.9k +1,936
80 Great Point Wealth Advisors, LLC 3.03% of their portfolio BOSTON, MA 176,593176.6k $16.6m $16.6m 3.03% Reduced -15.7k -15,725
81 Plancorp, LLC 0.50% of their portfolio SAINT LOUIS, MO 176,057176.1k $16.5m $16.5m 0.50% Added +5 +5
82 Brady Martz Wealth Solutions, LLC 2.88% of their portfolio GRAND FORKS, ND 173,945173.9k $16.3m $16.3m 2.88% Added +27.0k +27,043
83 RED LIGHTHOUSE INVESTMENT MANAGEMENT, LLC 5.80% of their portfolio HILLSDALE, NY 172,390172.4k $16.2m $16.2m 5.80% Reduced -2.7k -2,700
84 NOTTINGHAM ADVISORS, INC. 2.24% of their portfolio AMHERST, NY 171,197171.2k $16.1m $16.1m 2.24% Reduced -2.8k -2,785
85 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 170,948170.9k $16.1m $16.1m 0.00% Added +40.7k +40,736
86 Kaufman Rossin Wealth, LLC 8.18% of their portfolio Miami, FL 167,100167.1k $15.7m $15.7m 8.18% Added +1.1k +1,059
87 Valued Wealth Advisors LLC 6.72% of their portfolio HOLLADAY, UT 162,690162.7k $15.3m $15.3m 6.72% Added +3.2k +3,176
88 Bedel Financial Consulting, Inc. 1.61% of their portfolio INDIANAPOLIS, IN 159,661159.7k $15.0m $15.0m 1.61% Added +7.9k +7,929
89 CWM, LLC 0.04% of their portfolio OMAHA, NE 158,913158.9k $14.9m $14.9m 0.04% Reduced -18.9k -18,919
90 Waverly Advisors, LLC 0.12% of their portfolio BIRMINGHAM, AL 158,839158.8k $14.9m $14.9m 0.12% Reduced -5.4k -5,369
91 JRM Investment Counsel, LLC 4.26% of their portfolio OMAHA, NE 156,562156.6k $14.7m $14.7m 4.26% Added +2.8k +2,847
92 KEB ASSET MANAGEMENT, LLC 2.98% of their portfolio SPRINGFIELD, IL 156,483156.5k $14.7m $14.7m 2.98% Added +30.7k +30,729
93 Flagstone Financial Management 3.72% of their portfolio LINCOLN, NE 154,223154.2k $14.5m $14.5m 3.72% Reduced -6.6k -6,623
94 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 153,875153.9k $14.5m $14.5m 0.01% Added +39.7k +39,724
95 HMV Wealth Advisors, LLC 7.19% of their portfolio SHREVEPORT, LA 153,010153.0k $14.4m $14.4m 7.19% Added +19.1k +19,060
96 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 152,279152.3k $14.6m $14.6m 0.02% Added +8.1k +8,097
97 Mariner, LLC 0.02% of their portfolio Overland Park, KS 152,051152.1k $14.3m $14.3m 0.02% Reduced -7.8k -7,808
98 Private Wealth Management Group, LLC 3.61% of their portfolio PRINCETON, NJ 143,700143.7k $13.5m $13.5m 3.61% Reduced -1.4k -1,373
99 LIBRA WEALTH LLC 3.74% of their portfolio LOS GATOS, CA 142,285142.3k $13.4m $13.4m 3.74% Added +15.0k +15,009
100 Intergy Private Wealth, LLC 4.03% of their portfolio COLORADO SPRINGS, CO 142,024142.0k $13.3m $13.3m 4.03% Reduced -301 -301