Vault-13

AMERICAN CENTY ETF TR AVUV

US SML CP VALU · ETP · CUSIP 025072877

865 institutional holders +45 vs Q1 2025
122,810,988122.8m shares reported held*
$11.2bnreported value*
87 new 454 added 252 reduced 46 sold out net bought ≈ $843.4m (+9.3m 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 ($14.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $91.18. Options: 3 managers hold calls ($2.7m notional), 3 hold puts ($1.5m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 280Q4 22: 357Q1 23: 406Q2 23: 421Q3 23: 452Q4 23: 569Q1 24: 631Q2 24: 653Q3 24: 708Q4 24: 807Q1 25: 820Q2 25: 865865Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022280
Q4 2022357
Q1 2023406
Q2 2023421
Q3 2023452
Q4 2023569
Q1 2024631
Q2 2024653
Q3 2024708
Q4 2024807
Q1 2025820
Q2 2025865

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ3 23: 306 bought or addedQ3 23: 117 cut or sold outQ4 23: 379 bought or addedQ4 23: 112 cut or sold outQ4 23Q1 24: 439 bought or addedQ1 24: 169 cut or sold outQ2 24: 451 bought or addedQ2 24: 189 cut or sold outQ2 24Q3 24: 499 bought or addedQ3 24: 170 cut or sold outQ4 24: 508 bought or addedQ4 24: 185 cut or sold outQ4 24Q1 25: 526 bought or addedQ1 25: 276 cut or sold outQ2 25: 541 bought or addedQ2 25: 298 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023306117
Q4 2023379112
Q1 2024439169
Q2 2024451189
Q3 2024499170
Q4 2024508185
Q1 2025526276
Q2 2025541298

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 24 calls: $1.7mQ3 24 puts: $1.2mQ3 24P/C 0.68Q4 24 calls: $724.0kQ4 24 puts: $11.6mQ4 24P/C 16.05Q1 25 calls: $1.8mQ1 25 puts: $941.4kQ1 25P/C 0.53Q2 25 calls: $2.7mQ2 25 puts: $1.5mQ2 25P/C 0.55
Numbers
QuarterCallsPutsP/C
Q3 2024$1.7m$1.2m0.68
Q4 2024$724.0k$11.6m16.05
Q1 2025$1.8m$941.4k0.53
Q2 2025$2.7m$1.5m0.55

Biggest buyers

Creative Planning Added +3,354,593+3.4m
ROYAL BANK OF CANADA Added +683,331+683.3k
Envestnet Portfolio Solutions, Inc. Added +506,450+506.4k
LPL Financial LLC Added +496,661+496.7k
FIRST CITIZENS BANK & TRUST CO New +475,392+475.4k
Focus Partners Advisor Solutions, LLC Added +449,839+449.8k
AlphaCore Capital LLC Added +331,819+331.8k
Lifelong Wealth Advisors, Inc. New +221,519+221.5k
ENVESTNET ASSET MANAGEMENT INC Added +221,398+221.4k
Focus Partners Wealth Added +221,372+221.4k

Biggest sellers

MORGAN STANLEY Reduced -481,195-481.2k
Brown University Sold out -301,800-301.8k
BANK OF AMERICA CORP /DE/ Reduced -191,166-191.2k
CORRECT CAPITAL WEALTH MANAGEMENT Reduced -179,846-179.8k
Paragon Advisors, LLC Reduced -175,129-175.1k
Prime Capital Investment Advisors, LLC Reduced -155,241-155.2k
B&D White Capital Company, LLC Reduced -150,859-150.9k
HB Wealth Management, LLC Reduced -146,358-146.4k
D'Orazio & Associates, Inc. Reduced -145,931-145.9k
Greater Midwest Financial Group, LLC Sold out -144,109-144.1k

Biggest calls

CITADEL ADVISORS LLC Added $2.1m23.4k shares
Cubist Systematic Strategies, LLC New $328.0k3.6k shares
Belvedere Trading LLC New $209.5k2.3k shares

Biggest puts

Cubist Systematic Strategies, LLC New $883.7k9.7k shares
CITADEL ADVISORS LLC Reduced $564.8k6.2k shares
Belvedere Trading LLC New $9.1k100 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Creative Planning 1.14% of their portfolio OVERLAND PARK, KS 14,595,07214.6m $1.3bn $1.3bn 1.14% Added +3.4m +3,354,593
2 Focus Partners Wealth 1.17% of their portfolio ST LOUIS, MO 5,908,6045.9m $538.3m $538.3m 1.17% Added +221.4k +221,372
3 LPL Financial LLC 0.15% of their portfolio FORT MILL, SC 4,883,1204.9m $444.9m $444.9m 0.15% Added +496.7k +496,661
4 Mason Investment Advisory Services, Inc. 13.71% of their portfolio RESTON, VA 2,761,3442.8m $251.6m $251.6m 13.71% Added +47.6k +47,613
5 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 2,741,3062.7m $249.7m $249.7m 0.02% Reduced -481.2k -481,195
6 Truepoint, Inc. 6.11% of their portfolio CINCINNATI, OH 2,693,1232.7m $245.3m $245.3m 6.11% Added +154.1k +154,080
7 ENVESTNET ASSET MANAGEMENT INC 0.06% of their portfolio Berwyn, PA 2,251,0632.3m $205.1m $205.1m 0.06% Added +221.4k +221,398
8 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 2,197,3812.2m $200.2m $200.2m 0.02% Reduced -191.2k -191,166
9 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.13% of their portfolio MILWAUKEE, WI 2,004,9362.0m $182.6m $182.6m 0.13% Added +208.9k +208,896
10 Focus Partners Advisor Solutions, LLC 2.35% of their portfolio SAINT LOUIS, MO 1,931,8631.9m $176.0m $176.0m 2.35% Added +449.8k +449,839
11 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 1,811,6931.8m $165.1m $165.1m 0.04% Reduced -99.7k -99,709
12 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,543,4901.5m $140.6m $140.6m 0.01% Added +683.3k +683,331
13 OSAIC HOLDINGS, INC. 0.22% of their portfolio SCOTTSDALE, AZ 1,383,1771.4m $126.0m $126.0m 0.22% Reduced -5.8k -5,797
14 UBS Group AG 0.02% of their portfolio ZURICH, V8 1,281,2901.3m $116.7m $116.7m 0.02% Reduced -60.0k -59,989
15 HighTower Advisors, LLC 0.14% of their portfolio CHICAGO, IL 1,266,6801.3m $115.4m $115.4m 0.14% Added +28.6k +28,650
16 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 1,263,7261.3m $115.1m $115.1m 0.03% Added +173.7k +173,688
17 Evensky & Katz LLC 6.80% of their portfolio CORAL GABLES, FL 1,221,7181.2m $111.3m $111.3m 6.80% Added +210.6k +210,566
18 Waverly Advisors, LLC 1.18% of their portfolio BIRMINGHAM, AL 1,183,3541.2m $107.8m $107.8m 1.18% Added +73.8k +73,796
19 Plancorp, LLC 3.57% of their portfolio SAINT LOUIS, MO 1,131,9551.1m $103.1m $103.1m 3.57% Added +196.8k +196,826
20 Empowered Funds, LLC 1.16% of their portfolio NEWTOWN SQUARE, PA 1,129,1061.1m $102.9m $102.9m 1.16% Added +117.4k +117,410
21 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 1,115,4651.1m $101.6m $101.6m 0.03% Reduced -28.5k -28,464
22 Alesco Advisors, LLC, An ESL Co 2.85% of their portfolio Pittsford, NY 1,086,8031.1m $99.0m $99.0m 2.85% Added +71.2k +71,200
23 Prime Capital Investment Advisors, LLC 1.30% of their portfolio OVERLAND PARK, KS 1,078,3861.1m $98.2m $98.2m 1.30% Reduced -155.2k -155,241
24 Unison Advisors LLC 10.93% of their portfolio PROVIDENCE, RI 1,071,7331.1m $97.6m $97.6m 10.93% Added +6.7k +6,692
25 COMMONWEALTH EQUITY SERVICES, LLC 0.12% of their portfolio WALTHAM, MA 1,007,9141.0m $91.8m $91.8m 0.12% Reduced -18.2k -18,200
26 Sequoia Financial Advisors, LLC 0.59% of their portfolio Akron, OH 939,279939.3k $85.6m $85.6m 0.59% Added +69.1k +69,101
27 TCI Wealth Advisors, Inc. 5.72% of their portfolio Tucson, AZ 915,454915.5k $83.4m $83.4m 5.72% Added +50.4k +50,356
28 Avantax Planning Partners, Inc. 2.31% of their portfolio DUBUQUE, IA 797,593797.6k $72.7m $72.7m 2.31% Reduced -20.0k -20,002
29 AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio KANSAS CITY, MO 758,568758.6k $69.1m $69.1m 0.04% Added +18.9k +18,884
30 OXFORD FINANCIAL GROUP, LTD. LLC 3.95% of their portfolio INDIANAPOLIS, IN 730,259730.3k $66.5m $66.5m 3.95% Added +24.5k +24,544
31 Foster Group, Inc. 2.16% of their portfolio WEST DES MOINES, IA 691,765691.8k $63.0m $63.0m 2.16% Added +28.0k +27,953
32 Beaird Harris Wealth Management, LLC 4.67% of their portfolio DALLAS, TX 661,927661.9k $60.3m $60.3m 4.67% Added +70.5k +70,547
33 Moisand Fitzgerald Tamayo, LLC 7.33% of their portfolio ORLANDO, FL 635,751635.8k $57.9m $57.9m 7.33% Added +52.0k +52,019
34 Parcion Private Wealth LLC 4.04% of their portfolio BELLEVUE, WA 621,071621.1k $56.6m $56.6m 4.04% Added +3.0k +3,014
35 SATOVSKY ASSET MANAGEMENT LLC 12.02% of their portfolio NEW YORK, NY 619,902619.9k $56.5m $56.5m 12.02% Added +7.3k +7,277
36 COMERICA BANK 0.22% of their portfolio DALLAS, TX 610,646610.6k $55.6m $55.6m 0.22% Added +6.6k +6,588
37 Envestnet Portfolio Solutions, Inc. 0.20% of their portfolio BERWYN, PA 607,046607.0k $55.3m $55.3m 0.20% Added +506.4k +506,450
38 HB Wealth Management, LLC 0.44% of their portfolio Atlanta, GA 605,445605.4k $55.2m $55.2m 0.44% Reduced -146.4k -146,358
39 TruWealth Advisors, LLC 2.96% of their portfolio Metairie, LA 590,312590.3k $53.8m $53.8m 2.96% Added +32.9k +32,929
40 Cresset Asset Management, LLC 0.27% of their portfolio Chicago, IL 587,924587.9k $53.6m $53.6m 0.27% Added +11.5k +11,478
41 Meredith Wealth Planning 18.71% of their portfolio MARYVILLE, IL 565,599565.6k $51.5m $51.5m 18.71% Added +86.1k +86,086
42 PDS Planning, Inc 3.81% of their portfolio DUBLIN, OH 561,391561.4k $51.1m $51.1m 3.81% Added +41.6k +41,568
43 Corient Private Wealth LP 0.07% of their portfolio MIAMI, FL 536,380536.4k $48.9m $48.9m 0.07% Added +134.8k +134,835
44 NorthCoast Asset Management LLC 0.19% of their portfolio STAMFORD, CT 493,893493.9k $45.0m $45.0m 0.19% Reduced -63.5k -63,513
45 FIRST CITIZENS BANK & TRUST CO 0.78% of their portfolio RALEIGH, NC 475,392475.4k $43.3m $43.3m 0.78% New
46 Krilogy Financial LLC 2.38% of their portfolio ST. LOUIS, MO 455,325455.3k $41.5m $41.5m 2.38% Added +31.5k +31,519
47 Werba Rubin Papier Wealth Management 7.79% of their portfolio SAN JOSE, CA 455,269455.3k $41.5m $41.5m 7.79% Added +2.0k +2,009
48 Marquette Asset Management, LLC 6.65% of their portfolio MINNEAPOLIS, MN 435,188435.2k $39.6m $39.6m 6.65% Reduced -43.5k -43,500
49 Burton Enright Welch 6.82% of their portfolio WALNUT CREEK, CA 431,857431.9k $39.3m $39.3m 6.82% Added +17.5k +17,506
50 Mariner, LLC 0.06% of their portfolio Overland Park, KS 424,478424.5k $38.7m $38.7m 0.06% Reduced -6.0k -5,983
51 Financial Partners Group, Inc 4.96% of their portfolio Overland Park, KS 393,384393.4k $35.8m $35.8m 4.96% Added +10.7k +10,723
52 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 380,711380.7k $34.7m $34.7m 0.06% Added +105.2k +105,223
53 AlphaCore Capital LLC 1.31% of their portfolio LA JOLLA, CA 375,270375.3k $34.2m $34.2m 1.31% Added +331.8k +331,819
54 Savant Capital, LLC 0.24% of their portfolio ROCKFORD, IL 371,993372.0k $33.9m $33.9m 0.24% Added +145.9k +145,905
55 Team Hewins, LLC 12.19% of their portfolio FOSTER CITY, CA 371,111371.1k $33.8m $33.8m 12.19% Added +20.5k +20,454
56 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 370,722370.7k $33.8m $33.8m 0.00% Added +102.0k +101,955
57 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.06% of their portfolio PLYMOUTH, MN 367,714367.7k $34.9m $34.9m 0.06% Reduced -18.8k -18,849
58 MEANS INVESTMENT CO., INC. 3.11% of their portfolio BANGOR, ME 360,258360.3k $32.8m $32.8m 3.11% Added +12.7k +12,657
59 ORRSTOWN FINANCIAL SERVICES INC 6.91% of their portfolio HARRISBURG, PA 360,075360.1k $32.8m $32.8m 6.91% Added +13.6k +13,617
60 PNC Financial Services Group, Inc. 0.02% of their portfolio Pittsburgh, PA 357,721357.7k $32.6m $32.6m 0.02% Added +35.8k +35,804
61 QUARRY HILL ADVISORS, LLC 18.28% of their portfolio ST PAUL, MN 344,851344.9k $31.4m $31.4m 18.28% Added +16.0k +16,049
62 PrairieView Partners, LLC 3.01% of their portfolio ST. PAUL, MN 342,112342.1k $31.2m $31.2m 3.01% Added +9.4k +9,381
63 FIFTH THIRD BANCORP 0.11% of their portfolio CINCINNATI, OH 341,371341.4k $31.1m $31.1m 0.11% Added +94.8k +94,797
64 RW Investment Management LLC 3.40% of their portfolio Eagle, ID 335,159335.2k $30.5m $30.5m 3.40% Added +95.5k +95,513
65 RED LIGHTHOUSE INVESTMENT MANAGEMENT, LLC 11.55% of their portfolio HILLSDALE, NY 331,784331.8k $30.2m $30.2m 11.55% Reduced -11.9k -11,930
66 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.68% of their portfolio Seattle, WA 329,958330.0k $30.1m $30.1m 0.68% Added +36.5k +36,530
67 Avior Wealth Management, LLC 1.03% of their portfolio OMAHA, NE 328,454328.5k $29.9m $29.9m 1.03% Added +62.8k +62,837
68 Glenview Trust Co 0.50% of their portfolio Louisville, KY 319,398319.4k $29.1m $29.1m 0.50% Added +26.4k +26,444
69 Sherrill & Hutchins Financial Advisory, Inc 22.37% of their portfolio ATLANTA, GA 315,934315.9k $28.8m $28.8m 22.37% Added +14.4k +14,357
70 WMG Financial Advisors, LLC 10.28% of their portfolio Knoxville, TN 304,829304.8k $27.8m $27.8m 10.28% Added +12.8k +12,821
71 High Probability Advisors, LLC 4.06% of their portfolio Pittsford, NY 298,078298.1k $27.2m $27.2m 4.06% Added +56.2k +56,202
72 BWM Planning, LLC 9.34% of their portfolio THE WOODLANDS, TX 297,432297.4k $27.1m $27.1m 9.34% Added +200.5k +200,510
73 Cambridge Investment Research Advisors, Inc. 0.08% of their portfolio FAIRFIELD, IA 292,534292.5k $26.6m $26.6m 0.08% Added +90.6k +90,568
74 N.E.W. Advisory Services LLC 2.57% of their portfolio DE PERE, WI 290,437290.4k $26.5m $26.5m 2.57% Reduced -7.6k -7,591
75 Creative Capital Management Investments LLC 9.35% of their portfolio SAN DIEGO, CA 287,204287.2k $26.2m $26.2m 9.35% Added +10.6k +10,579
76 MAI Capital Management 0.18% of their portfolio INDEPENDENCE, OH 283,850283.9k $25.9m $25.9m 0.18% Added +14.0k +13,967
77 EAGLE WEALTH STRATEGIES LLC 14.08% of their portfolio MULLICA HILL, NJ 276,263276.3k $25.2m $25.2m 14.08% Added +4.6k +4,629
78 Kondo Wealth Advisors, Inc. 11.14% of their portfolio PASADENA, CA 271,286271.3k $25.2m $25.2m 11.14% Added +18.1k +18,079
79 KESTRA PRIVATE WEALTH SERVICES, LLC 0.35% of their portfolio AUSTIN, TX 270,863270.9k $24.7m $24.7m 0.35% Added +7.1k +7,112
80 Bare Financial Services, Inc 8.32% of their portfolio GAP, PA 270,697270.7k $24.7m $24.7m 8.32% Added +31.8k +31,835
81 Bluespring Wealth Management, LLC 2.27% of their portfolio AUSTIN, TX 261,765261.8k $23.8m $23.8m 2.27% Added +27.2k +27,209
82 Apollon Wealth Management, LLC 0.47% of their portfolio MOUNT PLEASANT, SC 261,552261.6k $23.8m $23.8m 0.47% Reduced -7.1k -7,119
83 Intelligence Driven Advisers, LLC 3.59% of their portfolio CARLSBAD, CA 261,449261.4k $23.8m $23.8m 3.59% Added +32.8k +32,751
84 Greenline Partners, LLC 3.19% of their portfolio NEW YORK, NY 259,668259.7k $23.7m $23.7m 3.19% Reduced -14.5k -14,514
85 ACORN FINANCIAL ADVISORY SERVICES INC /ADV 3.87% of their portfolio Reston, VA 259,148259.1k $23.6m $23.6m 3.87% Reduced -5.4k -5,405
86 Harbor Group, Inc. 4.16% of their portfolio BEDFORD, NH 257,701257.7k $23.5m $23.5m 4.16% Reduced -839 -839
87 Private Advisor Group, LLC 0.13% of their portfolio MORRISTOWN, NJ 255,094255.1k $23.2m $23.2m 0.13% Reduced -136.2k -136,197
88 Simplicity Wealth,LLC 0.95% of their portfolio SUMMIT, NJ 250,474250.5k $22.8m $22.8m 0.95% Added +137.3k +137,342
89 Hill Investment Group Partners, LLC 2.97% of their portfolio ST. LOUIS, MO 249,975250.0k $22.8m $22.8m 2.97% Reduced -44.1k -44,067
90 Valued Wealth Advisors LLC 11.74% of their portfolio HOLLADAY, UT 247,112247.1k $22.5m $22.5m 11.74% Added +35.9k +35,932
91 Atria Investments, Inc 0.26% of their portfolio Charlotte, NC 245,828245.8k $22.4m $22.4m 0.26% Added +24.2k +24,228
92 Wealthcare Advisory Partners LLC 0.50% of their portfolio WEST CHESTER, PA 240,820240.8k $21.9m $21.9m 0.50% Added +116.3k +116,302
93 KEB ASSET MANAGEMENT, LLC 5.41% of their portfolio SPRINGFIELD, IL 238,555238.6k $21.7m $21.7m 5.41% Added +77.4k +77,396
94 Falcon Wealth Planning 2.18% of their portfolio Ontario, CA 236,422236.4k $21.5m $21.5m 2.18% Added +3.8k +3,797
95 DEFINE FINANCIAL, LLC 14.04% of their portfolio SAN DIEGO, CA 233,946233.9k $21.3m $21.3m 14.04% Added +10.3k +10,251
96 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 230,704230.7k $21.0m $21.0m 0.02% Added +93.1k +93,080
97 McMill Wealth Management 6.83% of their portfolio NORFOLK, NE 225,789225.8k $20.6m $20.6m 6.83% Added +35.0k +35,045
98 Lifelong Wealth Advisors, Inc. 6.70% of their portfolio Arden Hills, MN 221,519221.5k $20.2m $20.2m 6.70% New
99 Modern Wealth Management, LLC 0.50% of their portfolio KANSAS CITY, MO 221,316221.3k $20.2m $20.2m 0.50% Added +8.5k +8,502
100 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 218,416218.4k $19.9m $19.9m 0.06% Added +27.3k +27,337