Vault-13

AMERICAN CENTY ETF TR AVUV

US SML CP VALU · ETP · CUSIP 025072877

569 institutional holders +117 vs Q3 2023
72,275,37072.3m shares reported held*
$6.5bnreported value*
79 new 300 added 104 reduced 8 sold out net bought ≈ $1.1bn (+11.8m 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 ($17.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $89.67. Options: 1 managers hold calls ($556.8k notional), 1 hold puts ($395.1k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 280Q4 22: 357Q1 23: 406Q2 23: 421Q3 23: 452Q4 23: 569569Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022280
Q4 2022357
Q1 2023406
Q2 2023421
Q3 2023452
Q4 2023569

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 243 bought or addedQ4 22: 64 cut or sold outQ4 22Q1 23: 273 bought or addedQ1 23: 104 cut or sold outQ1 23Q2 23: 292 bought or addedQ2 23: 130 cut or sold outQ2 23Q3 23: 306 bought or addedQ3 23: 117 cut or sold outQ3 23Q4 23: 379 bought or addedQ4 23: 112 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 202224364
Q1 2023273104
Q2 2023292130
Q3 2023306117
Q4 2023379112

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ1 23 calls: $266.6kQ1 23 puts: $27.3mQ1 23P/C 102.45Q2 23 calls: $698.5kQ2 23 puts: $31.0mQ2 23P/C 44.34Q3 23 calls: $428.7kQ3 23 puts: $935.4kQ3 23P/C 2.18Q4 23 calls: $556.8kQ4 23 puts: $395.1kQ4 23P/C 0.71
Numbers
QuarterCallsPutsP/C
Q1 2023$266.6k$27.3m102.45
Q2 2023$698.5k$31.0m44.34
Q3 2023$428.7k$935.4k2.18
Q4 2023$556.8k$395.1k0.71

Biggest buyers

MORGAN STANLEY Added +2,730,033+2.7m
3EDGE Asset Management, LP New +1,158,955+1.2m
Alesco Advisors, LLC, An ESL Co New +563,468+563.5k
LPL Financial LLC Added +514,654+514.7k
JPMORGAN CHASE & CO Added +441,799+441.8k
Corient Private Wealth LP Added +292,008+292.0k
UBS Group AG Added +290,781+290.8k
Creative Planning Added +280,704+280.7k
BANK OF AMERICA CORP /DE/ Added +269,584+269.6k
Intelligence Driven Advisers, LLC Added +254,676+254.7k

Biggest sellers

Merriman Wealth Management, LLC Reduced -143,028-143.0k
OSAIC HOLDINGS, INC. Reduced -85,639-85.6k
Meredith Wealth Planning Reduced -67,048-67.0k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -63,877-63.9k
Pine Valley Investments Ltd Liability Co Reduced -60,503-60.5k
OneAscent Financial Services LLC Reduced -30,717-30.7k
Bull Oak Capital, LLC Reduced -30,339-30.3k
IHT Wealth Management, LLC Reduced -28,785-28.8k
ISLAY CAPITAL MANAGEMENT, LLC Reduced -25,538-25.5k
JANE STREET GROUP, LLC Reduced -23,100-23.1k

Biggest calls

CITADEL ADVISORS LLC Added $556.8k6.2k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $395.1k4.4k 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Creative Planning 0.81% of their portfolio OVERLAND PARK, KS 4,843,4614.8m $434.9m $434.9m 0.81% Added +280.7k +280,704
2 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 4,292,1324.3m $385.4m $385.4m 0.02% Added +2.7m +2,730,033
3 Merriman Wealth Management, LLC 15.17% of their portfolio SEATTLE, WA 3,470,7443.5m $311.7m $311.7m 15.17% Reduced -143.0k -143,028
4 Mason Investment Advisory Services, Inc. 18.08% of their portfolio RESTON, VA 2,735,5982.7m $245.7m $245.7m 18.08% Added +8.0k +7,981
5 LPL Financial LLC 0.14% of their portfolio FORT MILL, SC 2,658,2262.7m $238.7m $238.7m 0.14% Added +514.7k +514,654
6 Truepoint, Inc. 5.62% of their portfolio CINCINNATI, OH 2,136,3782.1m $191.8m $191.8m 5.62% Added +25.1k +25,122
7 BUCKINGHAM STRATEGIC WEALTH, LLC 1.86% of their portfolio CLAYTON, MO 1,746,5251.7m $156.8m $156.8m 1.86% Added +163.2k +163,233
8 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,194,0161.2m $107.2m $107.2m 0.01% Added +269.6k +269,584
9 3EDGE Asset Management, LP 8.09% of their portfolio Naples, FL 1,158,9551.2m $104.1m $104.1m 8.09% New
10 Unison Advisors LLC 10.79% of their portfolio PROVIDENCE, RI 1,133,3881.1m $101.8m $101.8m 10.79% Added +5.6k +5,642
11 Annex Advisory Services, LLC 3.85% of their portfolio BROOKFIELD, WI 1,026,5561.0m $92.2m $92.2m 3.85% Reduced -7.1k -7,062
12 Carlson Capital Management 4.47% of their portfolio NORTHFIELD, MN 970,175970.2k $87.1m $87.1m 4.47% Added +105.2k +105,174
13 Evensky & Katz LLC 6.14% of their portfolio CORAL GABLES, FL 908,177908.2k $81.6m $81.6m 6.14% Added +20.1k +20,059
14 COMMONWEALTH EQUITY SERVICES, LLC 0.13% of their portfolio WALTHAM, MA 792,270792.3k $71.1m $71.1m 0.13% Added +29.6k +29,600
15 HighTower Advisors, LLC 0.11% of their portfolio CHICAGO, IL 761,404761.4k $68.4m $68.4m 0.11% Reduced -1.1k -1,118
16 Plancorp, LLC 3.24% of their portfolio SAINT LOUIS, MO 753,948753.9k $67.7m $67.7m 3.24% Added +37.9k +37,873
17 TCI Wealth Advisors, Inc. 7.11% of their portfolio Tucson, AZ 742,714742.7k $66.7m $66.7m 7.11% Added +16.8k +16,759
18 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.07% of their portfolio MILWAUKEE, WI 736,166736.2k $66.1m $66.1m 0.07% Reduced -63.9k -63,877
19 OXFORD FINANCIAL GROUP, LTD. LLC 4.77% of their portfolio INDIANAPOLIS, IN 717,821717.8k $64.5m $64.5m 4.77% Added +34.7k +34,664
20 Corient Private Wealth LP 0.11% of their portfolio MIAMI, FL 695,622695.6k $62.5m $62.5m 0.11% Added +292.0k +292,008
21 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 664,550664.5k $59.7m $59.7m 0.02% Added +130.2k +130,161
22 Parcion Private Wealth LLC 5.41% of their portfolio BELLEVUE, WA 658,046658.0k $59.1m $59.1m 5.41% Added +83.1k +83,088
23 UBS Group AG 0.02% of their portfolio ZURICH, V8 656,515656.5k $59.0m $59.0m 0.02% Added +290.8k +290,781
24 WMS Partners, LLC 4.33% of their portfolio TOWSON, MD 655,784655.8k $58.9m $58.9m 4.33% Added +47.3k +47,302
25 Hill Investment Group Partners, LLC 8.40% of their portfolio ST. LOUIS, MO 635,881635.9k $57.1m $57.1m 8.40% Added +31.9k +31,905
26 Waverly Advisors, LLC 2.09% of their portfolio BIRMINGHAM, AL 620,867620.9k $55.8m $55.8m 2.09% Added +55.2k +55,248
27 SATOVSKY ASSET MANAGEMENT LLC 17.24% of their portfolio NEW YORK, NY 616,944616.9k $55.4m $55.4m 17.24% Reduced -10.5k -10,453
28 Alesco Advisors, LLC, An ESL Co 1.77% of their portfolio Pittsford, NY 563,468563.5k $50.6m $50.6m 1.77% New
29 Raymond James Financial Services Advisors, Inc. 0.08% of their portfolio ST. PETERSBURG, FL 549,424549.4k $49.3m $49.3m 0.08% Added +108.9k +108,855
30 AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio KANSAS CITY, MO 541,207541.2k $48.6m $48.6m 0.03% Added +66.9k +66,937
31 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 518,396518.4k $46.6m $46.6m 0.01% Added +25.5k +25,515
32 Moisand Fitzgerald Tamayo, LLC 7.98% of their portfolio ORLANDO, FL 513,679513.7k $46.1m $46.1m 7.98% Added +8.3k +8,282
33 Marquette Asset Management, LLC 7.75% of their portfolio MINNEAPOLIS, MN 468,203468.2k $42.0m $42.0m 7.75% Added +57.9k +57,903
34 Intelligence Driven Advisers, LLC 6.45% of their portfolio CARLSBAD, CA 458,023458.0k $39.9m $39.9m 6.45% Added +254.7k +254,676
35 Werba Rubin Papier Wealth Management 13.96% of their portfolio SAN JOSE, CA 457,863457.9k $41.1m $41.1m 13.96% Reduced -2.5k -2,511
36 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 456,372456.4k $41.0m $41.0m 0.00% Added +441.8k +441,799
37 Relative Value Partners Group, LLC 2.46% of their portfolio NORTHBROOK, IL 448,104448.1k $40.2m $40.2m 2.46% Added +39.4k +39,379
38 Meredith Wealth Planning 24.81% of their portfolio MARYVILLE, IL 444,502444.5k $39.9m $39.9m 24.81% Reduced -67.0k -67,048
39 Beaird Harris Wealth Management, LLC 4.08% of their portfolio DALLAS, TX 433,248433.2k $38.9m $38.9m 4.08% Added +18.0k +18,003
40 Focus Partners Advisor Solutions, LLC 1.85% of their portfolio SAINT LOUIS, MO 429,356429.4k $38.6m $38.6m 1.85% Added +40.6k +40,641
41 Burton Enright Welch 9.50% of their portfolio WALNUT CREEK, CA 396,137396.1k $35.6m $35.6m 9.50% Added +2.0k +2,001
42 TruWealth Advisors, LLC 2.61% of their portfolio Metairie, LA 380,078380.1k $34.1m $34.1m 2.61% Added +48.2k +48,221
43 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 366,462366.5k $32.9m $32.9m 0.01% Added +76.9k +76,870
44 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 361,568361.6k $32.5m $32.5m 0.02% Added +19.8k +19,767
45 Krilogy Financial LLC 2.74% of their portfolio ST. LOUIS, MO 358,209358.2k $32.2m $32.2m 2.74% Added +22.0k +21,958
46 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.09% of their portfolio PLYMOUTH, MN 350,604350.6k $31.5m $31.5m 0.09% Added +25.4k +25,405
47 RED LIGHTHOUSE INVESTMENT MANAGEMENT, LLC 13.13% of their portfolio HILLSDALE, NY 348,753348.8k $31.3m $31.3m 13.13% Reduced -2.6k -2,612
48 Falcon Wealth Planning 5.35% of their portfolio Ontario, CA 340,666340.7k $30.6m $30.6m 5.35% Added +27.5k +27,454
49 Team Hewins, LLC 13.23% of their portfolio FOSTER CITY, CA 339,625339.6k $30.5m $30.5m 13.23% Added +5.5k +5,512
50 PrairieView Partners, LLC 3.62% of their portfolio ST. PAUL, MN 326,628326.6k $29.3m $29.3m 3.62% Reduced -1.9k -1,903
51 Sherrill & Hutchins Financial Advisory, Inc 26.47% of their portfolio ATLANTA, GA 313,697313.7k $28.2m $28.2m 26.47% First filing
52 ACORN FINANCIAL ADVISORY SERVICES INC /ADV 4.81% of their portfolio Reston, VA 305,810305.8k $27.4m $27.4m 4.81% Added +1.7k +1,709
53 AE Wealth Management LLC 0.13% of their portfolio TOPEKA, KS 288,174288.2k $25.6m $25.6m 0.13% Added +78.8k +78,838
54 Creative Capital Management Investments LLC 14.78% of their portfolio SAN DIEGO, CA 284,837284.8k $25.6m $25.6m 14.78% Added +2.0k +1,979
55 QUARRY HILL ADVISORS, LLC 20.47% of their portfolio ST PAUL, MN 280,770280.8k $25.2m $25.2m 20.47% Added +9.3k +9,316
56 Private Advisor Group, LLC 0.19% of their portfolio MORRISTOWN, NJ 275,246275.2k $24.7m $24.7m 0.19% Added +16.1k +16,112
57 JRM Investment Counsel, LLC 8.79% of their portfolio OMAHA, NE 267,762267.8k $24.0m $24.0m 8.79% Added +94.6k +94,628
58 Symphony Financial, Ltd. Co. 4.77% of their portfolio HOUSTON, TX 257,329257.3k $22.2m $22.2m 4.77% Added +51.2k +51,235
59 Brown University 7.97% of their portfolio Providence, RI 245,900245.9k $22.1m $22.1m 7.97% Unchanged
60 RVW Wealth, LLC 2.40% of their portfolio LOS ANGELES, CA 243,124243.1k $21.8m $21.8m 2.40% Added +26.6k +26,642
61 CGC Financial Services, LLC 9.71% of their portfolio LAKE OSWEGO, OR 236,054236.1k $21.2m $21.2m 9.71% Added +750 +750
62 Bull Oak Capital, LLC 5.28% of their portfolio RANCHO SANTA FE, CA 228,673228.7k $20.5m $20.5m 5.28% Reduced -30.3k -30,339
63 CORRECT CAPITAL WEALTH MANAGEMENT 5.08% of their portfolio CLAYTON, MO 223,584223.6k $20.1m $20.1m 5.08% First filing
64 True Wealth Design, LLC 5.49% of their portfolio AKRON, OH 217,026217.0k $19.5m $19.5m 5.49% Added +50.1k +50,110
65 Financial Partners Group, Inc 3.41% of their portfolio Overland Park, KS 211,984212.0k $19.0m $19.0m 3.41% Added +28.8k +28,815
66 Cambridge Investment Research Advisors, Inc. 0.08% of their portfolio FAIRFIELD, IA 211,762211.8k $19.0m $19.0m 0.08% Added +84.1k +84,066
67 Mariner, LLC 0.04% of their portfolio Overland Park, KS 207,032207.0k $18.6m $18.6m 0.04% Added +15.0k +14,952
68 KAVAR CAPITAL PARTNERS GROUP, LLC 2.06% of their portfolio LEAWOOD, KS 205,250205.2k $18.4m $18.4m 2.06% Added +109.8k +109,802
69 WMG Financial Advisors, LLC 11.93% of their portfolio Knoxville, TN 203,739203.7k $18.3m $18.3m 11.93% Added +31.6k +31,560
70 MB Generational Wealth, LLC 16.59% of their portfolio SPOKANE, WA 196,830196.8k $17.7m $17.7m 16.59% First filing
71 Bluespring Wealth Management, LLC 2.04% of their portfolio AUSTIN, TX 191,968192.0k $17.2m $17.2m 2.04% Added +13.4k +13,425
72 Symmetry Partners, LLC 0.93% of their portfolio GLASTONBURY, CT 190,433190.4k $17.3m $17.3m 0.93% New
73 Callan Capital, LLC 1.56% of their portfolio LA JOLLA, CA 184,435184.4k $16.6m $16.6m 1.56% Added +34.9k +34,894
74 Modern Wealth Management, LLC 2.08% of their portfolio KANSAS CITY, MO 183,062183.1k $16.4m $16.4m 2.08% First filing
75 TOWNSQUARE CAPITAL LLC 0.28% of their portfolio Lehi, UT 182,203182.2k $16.4m $16.4m 0.28% New
76 Stephens Consulting, LLC 5.54% of their portfolio FLINT, MI 182,002182.0k $16.3m $16.3m 5.54% Added +15.7k +15,694
77 Tarbox Family Office, Inc. 3.16% of their portfolio NEWPORT BEACH, CA 180,680180.7k $16.2m $16.2m 3.16% Added +63.3k +63,286
78 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 180,307180.3k $16.2m $16.2m 0.03% Reduced -85.6k -85,639
79 MFA WEALTH ADVISORS, LLC 4.45% of their portfolio PITTSBURGH, PA 176,162176.2k $15.8m $15.8m 4.45% Added +1.9k +1,854
80 Family Investment Center, Inc. 7.89% of their portfolio Saint Joseph, MO 174,726174.7k $15.7m $15.7m 7.89% Added +78.7k +78,681
81 Pathstone Holdings, LLC 0.08% of their portfolio ENGLEWOOD, NJ 173,285173.3k $15.6m $15.6m 0.08% First filing
82 Glenview Trust Co 0.38% of their portfolio Louisville, KY 173,051173.1k $15.5m $15.5m 0.38% Added +31.2k +31,233
83 Klaas Financial Asset Advisors, LLC 3.15% of their portfolio LOVES PARK, IL 167,907167.9k $15.1m $15.1m 3.15% Added +827 +827
84 Lifestyle Asset Management, Inc. 8.26% of their portfolio FRIENDSWOOD, TX 165,413165.4k $14.9m $14.9m 8.26% New
85 CWM, LLC 0.08% of their portfolio OMAHA, NE 160,221160.2k $14.4m $14.4m 0.08% Added +30.9k +30,917
86 SAGE RHINO CAPITAL LLC 3.67% of their portfolio MENLO PARK, CA 159,271159.3k $14.3m $14.3m 3.67% Reduced -5.6k -5,568
87 CONCENTRIC WEALTH MANAGEMENT, LLC 4.11% of their portfolio LAFAYETTE, CA 157,745157.7k $14.2m $14.2m 4.11% Added +668 +668
88 Chicago Partners Investment Group LLC 0.63% of their portfolio CHICAGO, IL 155,766155.8k $13.6m $13.6m 0.63% Added +2.8k +2,781
89 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.47% of their portfolio Seattle, WA 154,238154.2k $13.9m $13.9m 0.47% Added +33.5k +33,498
90 WESPAC Advisors SoCal, LLC 4.01% of their portfolio Pasadena, CA 153,405153.4k $13.8m $13.8m 4.01% Reduced -14.3k -14,310
91 EAGLE WEALTH STRATEGIES LLC 8.20% of their portfolio MULLICA HILL, NJ 151,312151.3k $13.6m $13.6m 8.20% First filing
92 Foster Group, Inc. 0.71% of their portfolio WEST DES MOINES, IA 149,909149.9k $11.7m $11.7m 0.71% Unchanged
93 Flagstone Financial Management 5.47% of their portfolio LINCOLN, NE 148,619148.6k $13.3m $13.3m 5.47% Added +4.0k +3,990
94 Oakwell Private Wealth Management, LLC 4.62% of their portfolio Austin, TX 147,094147.1k $13.2m $13.2m 4.62% Added +13.0k +13,032
95 KESTRA PRIVATE WEALTH SERVICES, LLC 0.34% of their portfolio AUSTIN, TX 146,765146.8k $13.2m $13.2m 0.34% Added +16.3k +16,286
96 Mraz, Amerine & Associates, Inc. 2.74% of their portfolio Modesto, CA 145,563145.6k $13.1m $13.1m 2.74% Added +557 +557
97 Wallington Asset Management, LLC 2.20% of their portfolio Indianapolis, IN 145,538145.5k $13.1m $13.1m 2.20% Added +410 +410
98 Objectivity Squared, LLC 13.00% of their portfolio CHARLESTON, SC 145,528145.5k $13.1m $13.1m 13.00% First filing
99 Wealth Architects, LLC 1.83% of their portfolio MOUNTAIN VIEW, CA 145,350145.3k $13.1m $13.1m 1.83% Added +6.8k +6,848
100 D'Orazio & Associates, Inc. 2.34% of their portfolio VIENNA, VA 145,331145.3k $13.1m $13.1m 2.34% Added +104.2k +104,238