Vault-13

AMERICAN CENTY ETF TR AVUV

US SML CP VALU · ETP · CUSIP 025072877

985 institutional holders +98 vs Q3 2025
138,011,312138.0m shares reported held*
$14.1bnreported value*
70 new 488 added 257 reduced 43 sold out net bought ≈ $569.2m (+5.6m 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 ($14.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $102.12. Options: 4 managers hold calls ($3.7m notional), 1 hold puts ($1.5m).

Trends to Q4 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: 865Q3 25: 887Q4 25: 985985Q3 22Q2 23Q1 24Q4 24Q4 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
Q3 2025887
Q4 2025985

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ1 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 25Q3 25: 549 bought or addedQ3 25: 301 cut or sold outQ4 25: 558 bought or addedQ4 25: 300 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024439169
Q2 2024451189
Q3 2024499170
Q4 2024508185
Q1 2025526276
Q2 2025541298
Q3 2025549301
Q4 2025558300

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ1 25 calls: $1.8mQ1 25 puts: $941.4kQ1 25P/C 0.53Q2 25 calls: $2.7mQ2 25 puts: $1.5mQ2 25P/C 0.55Q3 25 calls: $3.7mQ3 25 puts: $1.8mQ3 25P/C 0.50Q4 25 calls: $3.7mQ4 25 puts: $1.5mQ4 25P/C 0.41
Numbers
QuarterCallsPutsP/C
Q1 2025$1.8m$941.4k0.53
Q2 2025$2.7m$1.5m0.55
Q3 2025$3.7m$1.8m0.50
Q4 2025$3.7m$1.5m0.41

Biggest buyers

Creative Planning Added +2,042,301+2.0m
Corient Private Wealth LP Added +775,873+775.9k
Symmetry Partners, LLC Added +486,600+486.6k
Focus Partners Wealth Added +450,644+450.6k
LPL Financial LLC Added +365,308+365.3k
MORGAN STANLEY Added +236,064+236.1k
ENZI WEALTH Added +234,916+234.9k
RAYMOND JAMES FINANCIAL INC Added +171,508+171.5k
Smartleaf Asset Management LLC Added +163,714+163.7k
AMERIPRISE FINANCIAL INC Added +157,175+157.2k

Biggest sellers

NorthCoast Asset Management LLC Sold out -505,994-506.0k
Werba Rubin Papier Wealth Management Sold out -453,155-453.2k
Prime Capital Investment Advisors, LLC Reduced -328,629-328.6k
TruWealth Advisors, LLC Reduced -271,038-271.0k
Focus Partners Advisor Solutions, LLC Reduced -231,833-231.8k
COMERICA BANK Reduced -204,074-204.1k
RETIREMENT FINANCIAL SOLUTIONS, LLC Reduced -157,259-157.3k
GREAT VALLEY ADVISOR GROUP, INC. Reduced -153,833-153.8k
Ocean Park Asset Management, LLC Reduced -132,613-132.6k
Intelligence Driven Advisers, LLC Reduced -131,475-131.5k

Biggest calls

CITADEL ADVISORS LLC Reduced $2.2m21.6k shares
Point72 Asset Management, L.P. New $866.8k8.5k shares
Belvedere Trading LLC Reduced $367.1k3.6k shares
JANE STREET GROUP, LLC New $234.6k2.3k shares

Biggest puts

CITADEL ADVISORS LLC Added $1.5m14.8k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Creative Planning 1.38% of their portfolio OVERLAND PARK, KS 18,844,76218.8m $1.9bn $1.9bn 1.38% Added +2.0m +2,042,301
2 Focus Partners Wealth 0.76% of their portfolio ST LOUIS, MO 6,542,0296.5m $667.2m $667.2m 0.76% Added +450.6k +450,644
3 LPL Financial LLC 0.15% of their portfolio FORT MILL, SC 5,475,2395.5m $558.4m $558.4m 0.15% Added +365.3k +365,308
4 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 2,985,0563.0m $304.4m $304.4m 0.02% Added +236.1k +236,064
5 Truepoint, Inc. 6.53% of their portfolio CINCINNATI, OH 2,847,1502.8m $290.4m $290.4m 6.53% Added +97.4k +97,375
6 Mason Investment Advisory Services, Inc. 13.77% of their portfolio RESTON, VA 2,844,8382.8m $290.1m $290.1m 13.77% Added +77.1k +77,141
7 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 2,493,2112.5m $254.3m $254.3m 0.02% Added +145.2k +145,182
8 ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio Berwyn, PA 2,338,0872.3m $238.4m $238.4m 0.07% Added +29.4k +29,419
9 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.15% of their portfolio MILWAUKEE, WI 2,313,1922.3m $235.9m $235.9m 0.15% Added +68.3k +68,260
10 AMERIPRISE FINANCIAL INC 0.05% of their portfolio MINNEAPOLIS, MN 2,078,0292.1m $211.8m $211.8m 0.05% Added +157.2k +157,175
11 Focus Partners Advisor Solutions, LLC 2.51% of their portfolio SAINT LOUIS, MO 2,009,3792.0m $204.9m $204.9m 2.51% Reduced -231.8k -231,833
12 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 1,383,8631.4m $141.1m $141.1m 0.03% Added +72.0k +72,001
13 Plancorp, LLC 4.19% of their portfolio SAINT LOUIS, MO 1,360,1841.4m $138.7m $138.7m 4.19% Added +101.3k +101,266
14 OSAIC HOLDINGS, INC. 0.20% of their portfolio SCOTTSDALE, AZ 1,338,3491.3m $136.5m $136.5m 0.20% Reduced -39.4k -39,409
15 HighTower Advisors, LLC 0.15% of their portfolio CHICAGO, IL 1,318,0141.3m $134.4m $134.4m 0.15% Added +41.3k +41,282
16 Unison Advisors LLC 11.71% of their portfolio PROVIDENCE, RI 1,313,6391.3m $134.0m $134.0m 11.71% Added +4.8k +4,770
17 Waverly Advisors, LLC 1.08% of their portfolio BIRMINGHAM, AL 1,312,5481.3m $133.9m $133.9m 1.08% Added +68.6k +68,644
18 RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio ST. PETERSBURG, FL 1,304,0261.3m $133.0m $133.0m 0.04% Added +171.5k +171,508
19 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,277,4261.3m $130.3m $130.3m 0.03% Reduced -57.9k -57,867
20 Evensky & Katz LLC 7.05% of their portfolio CORAL GABLES, FL 1,224,9661.2m $124.9m $124.9m 7.05% Added +13.3k +13,251
21 TCI Wealth Advisors, Inc. 6.44% of their portfolio Tucson, AZ 1,144,9951.1m $116.8m $116.8m 6.44% Added +111.8k +111,819
22 Alesco Advisors, LLC, An ESL Co 2.83% of their portfolio Pittsford, NY 1,072,7241.1m $109.4m $109.4m 2.83% Added +3.1k +3,088
23 Corient Private Wealth LP 0.07% of their portfolio MIAMI, FL 1,036,3681.0m $105.7m $105.7m 0.07% Added +775.9k +775,873
24 Sequoia Financial Advisors, LLC 0.58% of their portfolio Akron, OH 1,014,2931.0m $103.4m $103.4m 0.58% Added +12.7k +12,717
25 COMMONWEALTH EQUITY SERVICES, LLC 0.12% of their portfolio WALTHAM, MA 900,720900.7k $91.9m $91.9m 0.12% Reduced -94.2k -94,162
26 Avantax Planning Partners, Inc. 2.45% of their portfolio DUBUQUE, IA 858,771858.8k $87.6m $87.6m 2.45% Added +27.0k +27,047
27 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 848,616848.6k $86.5m $86.5m 0.01% Reduced -62.9k -62,884
28 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 798,242798.2k $81.4m $81.4m 0.01% Added +18.9k +18,865
29 AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio KANSAS CITY, MO 795,649795.6k $81.1m $81.1m 0.04% Reduced -667 -667
30 Savant Capital, LLC 0.44% of their portfolio ROCKFORD, IL 766,697766.7k $78.2m $78.2m 0.44% Reduced -13.6k -13,591
31 Beaird Harris Wealth Management, LLC 5.18% of their portfolio DALLAS, TX 737,326737.3k $75.2m $75.2m 5.18% Added +31.7k +31,730
32 Prime Capital Investment Advisors, LLC 0.90% of their portfolio OVERLAND PARK, KS 727,507727.5k $74.2m $74.2m 0.90% Reduced -328.6k -328,629
33 Foster Group, Inc. 2.24% of their portfolio WEST DES MOINES, IA 727,174727.2k $74.2m $74.2m 2.24% Added +1.4k +1,355
34 OXFORD FINANCIAL GROUP, LTD. LLC 3.75% of their portfolio INDIANAPOLIS, IN 668,662668.7k $68.2m $68.2m 3.75% Reduced -23.4k -23,352
35 Symmetry Partners, LLC 4.00% of their portfolio GLASTONBURY, CT 662,794662.8k $67.6m $67.6m 4.00% Added +486.6k +486,600
36 Cetera Investment Advisers 0.07% of their portfolio SCHAUMBURG, IL 658,681658.7k $67.2m $67.2m 0.07% Added +44.4k +44,405
37 Moisand Fitzgerald Tamayo, LLC 7.43% of their portfolio ORLANDO, FL 645,547645.5k $65.8m $65.8m 7.43% Added +9.4k +9,427
38 Cresset Asset Management, LLC 0.28% of their portfolio Chicago, IL 639,937639.9k $65.3m $65.3m 0.28% Added +19.4k +19,405
39 SATOVSKY ASSET MANAGEMENT LLC 12.25% of their portfolio NEW YORK, NY 619,836619.8k $63.2m $63.2m 12.25% Added +198 +198
40 PDS Planning, Inc 4.10% of their portfolio DUBLIN, OH 601,919601.9k $61.4m $61.4m 4.10% Added +18.5k +18,520
41 Petersen Hastings Wealth Advisors Inc. 5.84% of their portfolio KENNEWICK, WA 596,453596.5k $60.8m $60.8m 5.84% First filing
42 Envestnet Portfolio Solutions, Inc. 0.21% of their portfolio BERWYN, PA 584,971585.0k $59.7m $59.7m 0.21% Added +11.3k +11,255
43 Meredith Wealth Planning 17.72% of their portfolio MARYVILLE, IL 583,567583.6k $59.5m $59.5m 17.72% Added +488 +488
44 Krilogy Financial LLC 2.11% of their portfolio ST. LOUIS, MO 572,711572.7k $62.1m $62.1m 2.11% Added +19.2k +19,206
45 ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ 2.57% of their portfolio SALT LAKE CITY, UT 545,726545.7k $55.7m $55.7m 2.57% Reduced -995 -995
46 Burton Enright Welch 6.79% of their portfolio WALNUT CREEK, CA 473,099473.1k $48.2m $48.2m 6.79% Added +17.9k +17,862
47 Marquette Asset Management, LLC 6.86% of their portfolio MINNEAPOLIS, MN 455,898455.9k $46.5m $46.5m 6.86% Added +6.5k +6,527
48 FIRST CITIZENS BANK & TRUST CO 0.96% of their portfolio RALEIGH, NC 453,086453.1k $46.2m $46.2m 0.96% Added +8.2k +8,229
49 Farther Finance Advisors, LLC 0.49% of their portfolio SAN FRANCISCO, CA 444,918444.9k $45.4m $45.4m 0.49% Added +111.3k +111,342
50 PNC Financial Services Group, Inc. 0.02% of their portfolio Pittsburgh, PA 441,934441.9k $45.1m $45.1m 0.02% Added +25.5k +25,538
51 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.06% of their portfolio PLYMOUTH, MN 415,787415.8k $44.1m $44.1m 0.06% Added +44.0k +43,953
52 AlphaCore Capital LLC 0.94% of their portfolio LA JOLLA, CA 411,300411.3k $41.9m $41.9m 0.94% Added +622 +622
53 QUARRY HILL ADVISORS, LLC 19.29% of their portfolio ST PAUL, MN 407,037407.0k $41.5m $41.5m 19.29% Added +37.3k +37,262
54 Cornerstone Wealth Partners, LLC 28.75% of their portfolio OKEMOS, MI 406,210406.2k $41.4m $41.4m 28.75% First filing
55 Parcion Private Wealth LLC 2.48% of their portfolio BELLEVUE, WA 400,284400.3k $40.8m $40.8m 2.48% Reduced -9.6k -9,616
56 MEANS INVESTMENT CO., INC. 3.41% of their portfolio BANGOR, ME 396,604396.6k $40.4m $40.4m 3.41% Added +8.2k +8,152
57 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.72% of their portfolio Seattle, WA 394,769394.8k $40.3m $40.3m 0.72% Added +33.7k +33,697
58 COMERICA BANK 0.16% of their portfolio DALLAS, TX 391,724391.7k $39.9m $39.9m 0.16% Reduced -204.1k -204,074
59 Financial Partners Group, Inc 4.93% of their portfolio Overland Park, KS 390,424390.4k $42.7m $42.7m 4.93% Reduced -3.6k -3,616
60 Mariner, LLC 0.05% of their portfolio Overland Park, KS 390,422390.4k $39.8m $39.8m 0.05% Reduced -61.3k -61,325
61 Team Hewins, LLC 12.81% of their portfolio FOSTER CITY, CA 389,787389.8k $39.8m $39.8m 12.81% Added +15.1k +15,107
62 FIFTH THIRD BANCORP 0.13% of their portfolio CINCINNATI, OH 389,628389.6k $39.7m $39.7m 0.13% Added +3.4k +3,352
63 KEB ASSET MANAGEMENT, LLC 7.69% of their portfolio SPRINGFIELD, IL 372,077372.1k $37.9m $37.9m 7.69% Added +92.1k +92,069
64 HB Wealth Management, LLC 0.24% of their portfolio Atlanta, GA 365,486365.5k $37.3m $37.3m 0.24% Reduced -9.4k -9,390
65 BWM Planning, LLC 9.32% of their portfolio THE WOODLANDS, TX 342,003342.0k $34.9m $34.9m 9.32% Added +34.2k +34,241
66 ORRSTOWN FINANCIAL SERVICES INC 5.79% of their portfolio HARRISBURG, PA 340,686340.7k $34.7m $34.7m 5.79% Added +2.3k +2,349
67 CWM, LLC 0.09% of their portfolio OMAHA, NE 337,661337.7k $34.4m $34.4m 0.09% Added +84.6k +84,556
68 TruWealth Advisors, LLC 1.67% of their portfolio Metairie, LA 334,624334.6k $34.1m $34.1m 1.67% Reduced -271.0k -271,038
69 Three Arch Wealth Management LLC 6.38% of their portfolio IRVINE, CA 333,821333.8k $34.0m $34.0m 6.38% First filing
70 Wealthcare Advisory Partners LLC 0.67% of their portfolio WEST CHESTER, PA 333,389333.4k $34.0m $34.0m 0.67% Added +17.8k +17,804
71 RED LIGHTHOUSE INVESTMENT MANAGEMENT, LLC 11.94% of their portfolio HILLSDALE, NY 327,195327.2k $33.4m $33.4m 11.94% Reduced -3.5k -3,498
72 Glenview Trust Co 0.51% of their portfolio Louisville, KY 323,830323.8k $33.0m $33.0m 0.51% Reduced -172 -172
73 MAI Capital Management 0.19% of their portfolio INDEPENDENCE, OH 323,673323.7k $33.0m $33.0m 0.19% Added +12.3k +12,309
74 Greenline Partners, LLC 3.71% of their portfolio NEW YORK, NY 318,160318.2k $32.4m $32.4m 3.71% Added +27.4k +27,363
75 Sherrill & Hutchins Financial Advisory, Inc 22.59% of their portfolio ATLANTA, GA 312,358312.4k $31.9m $31.9m 22.59% Added +54 +54
76 High Probability Advisors, LLC 4.22% of their portfolio Pittsford, NY 310,636310.6k $31.7m $31.7m 4.22% Added +6.1k +6,067
77 N.E.W. Advisory Services LLC 2.31% of their portfolio DE PERE, WI 306,475306.5k $31.3m $31.3m 2.31% Added +7.7k +7,692
78 Kondo Wealth Advisors, Inc. 11.89% of their portfolio PASADENA, CA 304,678304.7k $31.1m $31.1m 11.89% Added +17.0k +17,023
79 Bare Financial Services, Inc 8.61% of their portfolio GAP, PA 303,644303.6k $31.0m $31.0m 8.61% Added +8.8k +8,811
80 Creative Capital Management Investments LLC 9.25% of their portfolio SAN DIEGO, CA 300,713300.7k $30.7m $30.7m 9.25% Added +9.1k +9,082
81 WMG Financial Advisors, LLC 12.58% of their portfolio Knoxville, TN 299,365299.4k $30.5m $30.5m 12.58% Reduced -2.1k -2,109
82 Avior Wealth Management, LLC 0.93% of their portfolio OMAHA, NE 292,763292.8k $29.9m $29.9m 0.93% Reduced -10.1k -10,075
83 JONES FINANCIAL COMPANIES LLLP 0.02% of their portfolio DES PERES, MO 291,839291.8k $29.8m $29.8m 0.02% Added +51.3k +51,299
84 ENZI WEALTH 11.03% of their portfolio AUSTIN, TX 290,686290.7k $31.3m $31.3m 11.03% Added +234.9k +234,916
85 McMill Wealth Management 8.09% of their portfolio NORFOLK, NE 282,097282.1k $28.8m $28.8m 8.09% Added +21.2k +21,246
86 Valued Wealth Advisors LLC 12.55% of their portfolio HOLLADAY, UT 279,903279.9k $28.5m $28.5m 12.55% Added +10.9k +10,917
87 FINANCIAL MANAGEMENT NETWORK INC 4.54% of their portfolio MISSION VIEJO, CA 278,082278.1k $28.7m $28.7m 4.54% Added +33.3k +33,325
88 KESTRA PRIVATE WEALTH SERVICES, LLC 0.35% of their portfolio AUSTIN, TX 274,742274.7k $28.0m $28.0m 0.35% Added +1.9k +1,852
89 Venturi Wealth Management, LLC 1.24% of their portfolio AUSTIN, TX 274,313274.3k $28.0m $28.0m 1.24% Added +6.1k +6,085
90 Apollon Wealth Management, LLC 0.48% of their portfolio MOUNT PLEASANT, SC 273,401273.4k $27.9m $27.9m 0.48% Added +6.0k +5,984
91 EAGLE WEALTH STRATEGIES LLC 12.87% of their portfolio MULLICA HILL, NJ 271,024271.0k $27.6m $27.6m 12.87% Reduced -3.7k -3,681
92 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 268,525268.5k $27.4m $27.4m 0.07% Reduced -47.6k -47,636
93 Bluespring Wealth Management, LLC 2.35% of their portfolio AUSTIN, TX 268,025268.0k $27.3m $27.3m 2.35% Reduced -4.5k -4,497
94 ACORN FINANCIAL ADVISORY SERVICES INC /ADV 3.96% of their portfolio Reston, VA 262,951263.0k $26.8m $26.8m 3.96% Added +1.8k +1,818
95 Hill Investment Group Partners, LLC 3.08% of their portfolio ST. LOUIS, MO 253,668253.7k $25.9m $25.9m 3.08% Added +11.2k +11,188
96 Falcon Wealth Planning 2.16% of their portfolio Ontario, CA 251,951252.0k $25.7m $25.7m 2.16% Added +6.8k +6,756
97 Quent Capital, LLC 1.85% of their portfolio NEW YORK, NY 251,266251.3k $25.6m $25.6m 1.85% Added +21.5k +21,525
98 DEFINE FINANCIAL, LLC 14.32% of their portfolio SAN DIEGO, CA 247,677247.7k $25.3m $25.3m 14.32% Added +8.9k +8,854
99 Pathstone Holdings, LLC 0.10% of their portfolio ENGLEWOOD, NJ 246,104246.1k $25.1m $25.1m 0.10% Added +9.9k +9,884
100 Fonville Wealth Management LLC 5.07% of their portfolio RICHMOND, VA 243,354243.4k $24.8m $24.8m 5.07% Added +24.7k +24,740