Vault-13

ANGEL OAK FUNDS TRUST MBS

MORTGAGE BACKED · ETP · CUSIP 03463K737

31 institutional holders +3 vs Q1 2025
20,170,68420.2m shares reported held*
$174.2mreported value*
4 new 11 added 10 reduced 2 sold out net sold ≈ $93.3k (-10.8k 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. Holder counts are more reliable. Implied quarter-end price ≈ $8.63.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

02040Q1 24: 4Q2 24: 9Q3 24: 15Q4 24: 21Q1 25: 28Q2 25: 3131Q1 24Q2 24Q3 24Q4 24Q1 25Q2 25
Numbers
QuarterHolders
Q1 20244
Q2 20249
Q3 202415
Q4 202421
Q1 202528
Q2 202531

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q2 24: 6 bought or addedQ2 24: 1 cut or sold outQ2 24Q3 24: 11 bought or addedQ3 24: 4 cut or sold outQ3 24Q4 24: 18 bought or addedQ4 24: 5 cut or sold outQ4 24Q1 25: 20 bought or addedQ1 25: 5 cut or sold outQ1 25Q2 25: 15 bought or addedQ2 25: 12 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q2 202461
Q3 2024114
Q4 2024185
Q1 2025205
Q2 20251512

Biggest buyers

Gradient Investments LLC Added +254,437+254.4k
CW Advisors, LLC Added +193,917+193.9k
NewEdge Wealth, LLC Added +112,797+112.8k
LPL Financial LLC Added +59,308+59.3k
NewEdge Advisors, LLC Added +52,566+52.6k
RFG Advisory, LLC Added +31,216+31.2k
Mattson Financial Services, LLC Added +23,870+23.9k
Paladin Wealth, LLC Added +20,174+20.2k
OLD MISSION CAPITAL LLC New +14,930+14.9k
CITADEL ADVISORS LLC New +14,735+14.7k

Biggest sellers

Angel Oak Capital Advisors, LLC Reduced -629,790-629.8k
Cresset Asset Management, LLC Sold out -63,295-63.3k
JANE STREET GROUP, LLC Reduced -47,252-47.3k
FLOW TRADERS U.S. LLC Reduced -27,189-27.2k
PATTEN & PATTEN INC/TN Reduced -14,445-14.4k
Compound Planning, Inc. Reduced -11,718-11.7k
Brown Financial Advisors Reduced -8,497-8.5k
Transamerica Financial Advisors, LLC Reduced -6,317-6.3k
United Asset Strategies, Inc. Reduced -2,710-2.7k
ROYAL BANK OF CANADA Sold out -1,815-1.8k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CW Advisors, LLC 0.57% of their portfolio BOSTON, MA 6,786,4666.8m $58.6m $58.6m 0.57% Added +193.9k +193,917
2 Gradient Investments LLC 0.74% of their portfolio ARDEN HILLS, MN 4,658,9604.7m $40.2m $40.2m 0.74% Added +254.4k +254,437
3 NewEdge Wealth, LLC 0.30% of their portfolio STAMFORD, CT 2,246,5182.2m $19.4m $19.4m 0.30% Added +112.8k +112,797
4 Angel Oak Capital Advisors, LLC 17.04% of their portfolio ATLANTA, GA 1,396,5321.4m $12.1m $12.1m 17.04% Reduced -629.8k -629,790
5 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 1,128,5001.1m $9.7m $9.7m 0.00% Added +59.3k +59,308
6 ALTFEST L J & CO INC 0.90% of their portfolio NEW YORK, NY 886,670886.7k $7.7m $7.7m 0.90% Added +13.3k +13,291
7 NewEdge Advisors, LLC 0.03% of their portfolio NEW ORLEANS, LA 748,010748.0k $6.5m $6.5m 0.03% Added +52.6k +52,566
8 Mattson Financial Services, LLC 1.22% of their portfolio KENTWOOD, MI 522,484522.5k $4.5m $4.5m 1.22% Added +23.9k +23,870
9 Transamerica Financial Advisors, LLC 0.26% of their portfolio CEDAR RAPIDS, IA 324,712324.7k $2.8m $2.8m 0.26% Reduced -6.3k -6,317
10 Brown Financial Advisors 1.08% of their portfolio MILFORD, OH 321,190321.2k $2.8m $2.8m 1.08% Reduced -8.5k -8,497
11 PATTEN & PATTEN INC/TN 0.14% of their portfolio CHATTANOOGA, TN 253,523253.5k $2.2m $2.2m 0.14% Reduced -14.4k -14,445
12 Paladin Wealth, LLC 1.09% of their portfolio ARDEN HILLS, MN 161,631161.6k $1.4m $1.4m 1.09% Added +20.2k +20,174
13 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 135,000135.0k $1.2m $1.2m 0.00% Unchanged
14 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 116,023116.0k $1.0m $1.0m 0.00% Reduced -47.3k -47,252
15 RFG Advisory, LLC 0.02% of their portfolio BIRMINGHAM, AL 104,175104.2k $899.5k $899.5k 0.02% Added +31.2k +31,216
16 United Asset Strategies, Inc. 0.07% of their portfolio GARDEN CITY, NY 93,75093.8k $809.5k $809.5k 0.07% Reduced -2.7k -2,710
17 BENJAMIN EDWARDS INC 0.01% of their portfolio Clayton, MO 63,10263.1k $544.9k $544.9k 0.01% Added +7.2k +7,177
18 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 56,70056.7k $489.6k $489.6k 0.00% Unchanged
19 Requisite Capital Management, LLC 0.07% of their portfolio DALLAS, TX 39,15039.1k $338.1k $338.1k 0.07% Reduced -1.8k -1,750
20 Compound Planning, Inc. 0.01% of their portfolio NEW YORK, NY 31,74031.7k $274.1k $274.1k 0.01% Reduced -11.7k -11,718
21 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 21,23121.2k $181.8k $181.8k 0.00% Reduced -923 -923
22 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 15,94715.9k $138.3k $138.3k 0.00% Unchanged
23 FLOW TRADERS U.S. LLC 0.00% of their portfolio NEW YORK, NY 15,55415.6k $134.0k $134.0k 0.00% Reduced -27.2k -27,189
24 OLD MISSION CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 14,93014.9k $128.9k $128.9k 0.00% New
25 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 14,73514.7k $127.2k $127.2k 0.00% New
26 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 6,1756.2k $53.3k $53.3k 0.00% First filing
27 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 4,0864.1k $35.3k $35.3k 0.00% New
28 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 2,0962.1k $18.1k $18.1k 0.00% New
29 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 789789 $6.8k $6.8k 0.00% Unchanged
30 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 305305 $2.6k $2.6k 0.00% Added +291 +291
31 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged