Vault-13

ANGEL OAK FUNDS TRUST CARY

INCOME ETF · ETP · CUSIP 03463K760

72 institutional holders +14 vs Q1 2025
20,994,31221.0m shares reported held*
$436.9mreported value*
21 new 35 added 11 reduced 7 sold out net bought ≈ $107.3m (+5.2m 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 ($1.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $20.81.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q4 22: 4Q1 23: 6Q2 23: 6Q3 23: 11Q4 23: 20Q1 24: 30Q2 24: 32Q3 24: 46Q4 24: 54Q1 25: 58Q2 25: 7272Q4 22Q2 23Q4 23Q2 24Q4 24Q2 25
Numbers
QuarterHolders
Q4 20224
Q1 20236
Q2 20236
Q3 202311
Q4 202320
Q1 202430
Q2 202432
Q3 202446
Q4 202454
Q1 202558
Q2 202572

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 9 bought or addedQ3 23: 2 cut or sold outQ4 23: 16 bought or addedQ4 23: 4 cut or sold outQ4 23Q1 24: 24 bought or addedQ1 24: 7 cut or sold outQ2 24: 24 bought or addedQ2 24: 10 cut or sold outQ2 24Q3 24: 34 bought or addedQ3 24: 7 cut or sold outQ4 24: 36 bought or addedQ4 24: 12 cut or sold outQ4 24Q1 25: 40 bought or addedQ1 25: 17 cut or sold outQ2 25: 56 bought or addedQ2 25: 18 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202392
Q4 2023164
Q1 2024247
Q2 20242410
Q3 2024347
Q4 20243612
Q1 20254017
Q2 20255618

Biggest buyers

MORGAN STANLEY Added +2,148,748+2.1m
WELLS FARGO & COMPANY/MN Added +1,128,360+1.1m
Astor Investment Management LLC New +383,809+383.8k
ENVESTNET ASSET MANAGEMENT INC New +358,408+358.4k
UBS Group AG Added +264,494+264.5k
Advocacy Wealth Management, LLC Added +140,275+140.3k
RAYMOND JAMES FINANCIAL INC Added +123,795+123.8k
Greenwich Wealth Management LLC Added +112,420+112.4k
JANE STREET GROUP, LLC New +110,380+110.4k
Atria Investments, Inc Added +109,590+109.6k

Biggest sellers

ALTFEST L J & CO INC Sold out -368,152-368.2k
CHANNEL WEALTH LLC Reduced -154,215-154.2k
Fiduciary Trust Co Sold out -44,500-44.5k
OneAscent Financial Services LLC Sold out -39,685-39.7k
Crescent Grove Advisors, LLC Reduced -22,387-22.4k
CITADEL ADVISORS LLC Reduced -22,334-22.3k
Sanctuary Advisors, LLC Reduced -19,079-19.1k
Precision Wealth Strategies, LLC Reduced -14,347-14.3k
EPG Wealth Management LLC Sold out -9,810-9.8k
Farther Finance Advisors, LLC Reduced -4,133-4.1k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 2,814,6752.8m $58.5m $58.5m 0.01% Added +1.1m +1,128,360
2 Arkadios Wealth Advisors 1.43% of their portfolio ATLANTA, GA 2,291,1822.3m $47.7m $47.7m 1.43% Added +37.5k +37,512
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,189,5472.2m $45.5m $45.5m 0.00% Added +2.1m +2,148,748
4 Advocacy Wealth Management, LLC 2.63% of their portfolio ATLANTA, GA 2,058,3252.1m $42.8m $42.8m 2.63% Added +140.3k +140,275
5 Focus Partners Wealth 0.06% of their portfolio ST LOUIS, MO 1,374,3571.4m $28.6m $28.6m 0.06% Added +64.4k +64,427
6 CHANNEL WEALTH LLC 6.19% of their portfolio SANTA BARBARA, CA 1,053,0121.1m $21.9m $21.9m 6.19% Reduced -154.2k -154,215
7 UBS Group AG 0.00% of their portfolio ZURICH, V8 939,991940.0k $19.6m $19.6m 0.00% Added +264.5k +264,494
8 CW Advisors, LLC 0.16% of their portfolio BOSTON, MA 811,224811.2k $16.9m $16.9m 0.16% Added +33.4k +33,438
9 Tortoise Investment Management, LLC 1.19% of their portfolio WHITE PLAINS, NY 599,336599.3k $12.5m $12.5m 1.19% Added +9.7k +9,685
10 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 558,813558.8k $11.6m $11.6m 0.02% Reduced -2.4k -2,399
11 Crescent Grove Advisors, LLC 1.05% of their portfolio LAKE FOREST, IL 521,598521.6k $10.8m $10.8m 1.05% Reduced -22.4k -22,387
12 MBL Wealth, LLC 0.94% of their portfolio CHARLOTTE, NC 469,620469.6k $9.8m $9.8m 0.94% Added +1.4k +1,358
13 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 427,158427.2k $8.9m $8.9m 0.00% Added +123.8k +123,795
14 Astor Investment Management LLC 4.31% of their portfolio CHICAGO, IL 383,809383.8k $8.0m $8.0m 4.31% New
15 AXXCESS WEALTH MANAGEMENT, LLC 0.18% of their portfolio CARLSBAD, CA 368,613368.6k $7.7m $7.7m 0.18% Added +24.8k +24,793
16 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 358,408358.4k $7.5m $7.5m 0.00% New
17 Legacy CG, LLC 1.96% of their portfolio PLANO, TX 316,224316.2k $6.6m $6.6m 1.96% Reduced -1.3k -1,335
18 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 296,490296.5k $6.2m $6.2m 0.01% Added +7.8k +7,843
19 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 241,047241.0k $5.0m $5.0m 0.00% Added +22.0k +22,039
20 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 225,983226.0k $4.7m $4.7m 0.01% Added +2.5k +2,495
21 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 198,740198.7k $4.1m $4.1m 0.01% Added +101.3k +101,252
22 Precision Wealth Strategies, LLC 1.24% of their portfolio SAINT LOUIS, MO 183,692183.7k $3.8m $3.8m 1.24% Reduced -14.3k -14,347
23 Greenwich Wealth Management LLC 0.16% of their portfolio GREENWICH, CT 158,131158.1k $3.3m $3.3m 0.16% Added +112.4k +112,420
24 Heritage Trust Co 0.37% of their portfolio OKLAHOMA CITY, OK 153,661153.7k $3.2m $3.2m 0.37% Reduced -494 -494
25 Atria Investments, Inc 0.04% of their portfolio Charlotte, NC 149,275149.3k $3.1m $3.1m 0.04% Added +109.6k +109,590
26 OPPENHEIMER & CO INC 0.04% of their portfolio NEW YORK, NY 143,860143.9k $3.0m $3.0m 0.04% Added +11.8k +11,812
27 Belpointe Asset Management LLC 0.11% of their portfolio RENO, NV 131,790131.8k $2.7m $2.7m 0.11% Added +15.2k +15,166
28 Mendel Money Management 1.15% of their portfolio NORTHBROOK, IL 124,342124.3k $2.6m $2.6m 1.15% Added +9.6k +9,630
29 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 110,380110.4k $2.3m $2.3m 0.00% New
30 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 108,830108.8k $2.3m $2.3m 0.00% Added +75.8k +75,804
31 Camarda Financial Advisors, LLC 0.84% of their portfolio FLEMING ISLAND, FL 102,541102.5k $2.1m $2.1m 0.84% Added +7.1k +7,140
32 RFG Advisory, LLC 0.05% of their portfolio BIRMINGHAM, AL 96,56796.6k $2.0m $2.0m 0.05% Added +30.9k +30,893
33 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 94,50494.5k $2.0m $2.0m 0.00% New
34 Legacy Capital Group California, Inc. 0.49% of their portfolio LOS GATOS, CA 85,47285.5k $1.8m $1.8m 0.49% New
35 Transamerica Financial Advisors, LLC 0.15% of their portfolio CEDAR RAPIDS, IA 75,51675.5k $1.6m $1.6m 0.15% Reduced -2.0k -1,971
36 Rareview Capital LLC 0.90% of their portfolio LAS VEGAS, NV 68,70968.7k $1.4m $1.4m 0.90% Added +908 +908
37 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 61,84661.8k $1.3m $1.3m 0.01% Reduced -19.1k -19,079
38 Able Wealth Management LLC 0.64% of their portfolio Toms River, NJ 61,45561.5k $1.3m $1.3m 0.64% Added +22.2k +22,221
39 IEQ CAPITAL, LLC 0.01% of their portfolio Foster City, CA 59,34759.3k $1.2m $1.2m 0.01% New
40 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 52,47252.5k $1.1m $1.1m 0.01% Added +12.6k +12,580
41 INDEPENDENT FINANCIAL GROUP, LLC 0.03% of their portfolio SAN DIEGO, CA 50,62150.6k $1.1m $1.1m 0.03% Added +169 +169
42 Sage Mountain Advisors LLC 0.06% of their portfolio ATLANTA, GA 47,46747.5k $987.3k $987.3k 0.06% Added +6 +6
43 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 34,90634.9k $726.1k $726.1k 0.01% New
44 Omnitrust Wealth Management, Inc 0.70% of their portfolio JACKSONVILLE, FL 28,74028.7k $597.2k $597.2k 0.70% First filing
45 GeoWealth Management, LLC 0.02% of their portfolio CHICAGO, IL 28,05828.1k $583.6k $583.6k 0.02% New
46 FLOW TRADERS U.S. LLC 0.02% of their portfolio NEW YORK, NY 27,85627.9k $579.0k $579.0k 0.02% New
47 Consolidated Portfolio Review Corp 0.07% of their portfolio WOODBURY, NY 24,35924.4k $506.7k $506.7k 0.07% Added +7.8k +7,820
48 Lewis Asset Management, LLC 0.23% of their portfolio LAFAYETTE, CA 23,11823.1k $480.9k $480.9k 0.23% Added +6.2k +6,151
49 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.06% of their portfolio CONCORD, MA 22,43722.4k $466.7k $466.7k 0.06% Added +9.5k +9,518
50 IHT Wealth Management, LLC 0.01% of their portfolio Chicago, IL 21,15521.2k $440.0k $440.0k 0.01% New
51 Oregon Pacific Wealth Management, LLC 0.41% of their portfolio Medford, OR 21,05421.1k $437.9k $437.9k 0.41% Added +63 +63
52 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 20,00120.0k $416.0k $416.0k 0.01% New
53 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 18,45318.5k $383.8k $383.8k 0.00% Reduced -22.3k -22,334
54 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 17,06517.1k $355.0k $355.0k 0.00% New
55 Legacy Capital Wealth Partners, LLC 0.07% of their portfolio LITTLE ROCK, AR 15,19015.2k $316.0k $316.0k 0.07% New
56 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 15,18815.2k $315.9k $315.9k 0.01% Reduced -323 -323
57 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 13,92513.9k $289.6k $289.6k 0.00% New
58 Argent Trust Co 0.01% of their portfolio NASHVILLE, TN 13,25013.2k $275.6k $275.6k 0.01% Unchanged
59 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 12,92312.9k $268.8k $268.8k 0.00% Added +3.1k +3,058
60 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 11,87611.9k $247.0k $247.0k 0.00% New
61 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 10,93510.9k $226.7k $226.7k 0.00% New
62 Coastal Bridge Advisors, LLC 0.02% of their portfolio WESTPORT, CT 10,50010.5k $218.4k $218.4k 0.02% New
63 FIRETHORN WEALTH PARTNERS, LLC 0.09% of their portfolio AUGUSTA, GA 10,33410.3k $214.9k $214.9k 0.09% Added +504 +504
64 VISTA INVESTMENT PARTNERS LLC 0.06% of their portfolio Oklahoma City, OK 9,9499.9k $206.9k $206.9k 0.06% Unchanged
65 COMERICA BANK 0.00% of their portfolio DALLAS, TX 8,2288.2k $171.1k $171.1k 0.00% Added +6.8k +6,788
66 Raleigh Capital Management Inc. 0.06% of their portfolio CARY, NC 6,6266.6k $137.8k $137.8k 0.06% New
67 ISLAY CAPITAL MANAGEMENT, LLC 0.06% of their portfolio Lubbock, TX 4,5004.5k $93.6k $93.6k 0.06% Unchanged
68 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 3,5923.6k $74.7k $74.7k 0.00% Reduced -4.1k -4,133
69 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,8351.8k $38.2k $38.2k 0.00% New
70 Quest 10 Wealth Builders, Inc. 0.02% of their portfolio Fuquay-Varina, VA 1,0581.1k $22.0k $22.0k 0.02% New
71 FMR LLC 0.00% of their portfolio BOSTON, MA 133133 $2.8k $2.8k 0.00% New
72 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged