Vault-13

BLACKROCK ETF TRUST BDYN

DYNAMIC EQTY ACT · ETP · CUSIP 09290C723

107 institutional holders +17 vs Q3 2025
108,519,199108.5m shares reported held*
$2.8bnreported value*
15 new 45 added 32 reduced 6 sold out net bought ≈ $18.5m (+722.2k 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 ($4.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.61.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q2 25: 1Q3 25: 90Q4 25: 107107Q2 25Q3 25Q4 25
Numbers
QuarterHolders
Q2 20251
Q3 202590
Q4 2025107

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 25: 90 bought or addedQ3 25: 0 cut or sold outQ3 25Q4 25: 60 bought or addedQ4 25: 38 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q3 2025900
Q4 20256038

Biggest buyers

WELLS FARGO & COMPANY/MN Added +2,400,952+2.4m
LPL Financial LLC Added +1,178,883+1.2m
ENVESTNET ASSET MANAGEMENT INC Added +1,073,129+1.1m
MML INVESTORS SERVICES, LLC Added +928,430+928.4k
NorthRock Partners, LLC Added +217,307+217.3k
Orion Porfolio Solutions, LLC Added +175,770+175.8k
Archer Investment Management, LLC New +171,309+171.3k
Cetera Investment Advisers Added +160,937+160.9k
Modern Wealth Management, LLC New +110,670+110.7k
MORGAN STANLEY New +99,086+99.1k

Biggest sellers

JPMORGAN CHASE & CO Reduced -5,534,432-5.5m
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -295,312-295.3k
Integrated Wealth Concepts LLC Reduced -275,481-275.5k
AMERIPRISE FINANCIAL INC Reduced -234,229-234.2k
JANE STREET GROUP, LLC Reduced -54,345-54.3k
WBH ADVISORY INC Reduced -29,189-29.2k
GeoWealth Management, LLC Reduced -25,564-25.6k
Private Advisor Group, LLC Reduced -19,157-19.2k
Smartleaf Asset Management LLC Reduced -18,803-18.8k
CAPTRUST FINANCIAL ADVISORS Sold out -17,948-17.9k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 0.38% of their portfolio Berwyn, PA 50,529,34650.5m $1.3bn $1.3bn 0.38% Added +1.1m +1,073,129
2 LPL Financial LLC 0.12% of their portfolio FORT MILL, SC 16,546,18616.5m $423.7m $423.7m 0.12% Added +1.2m +1,178,883
3 MML INVESTORS SERVICES, LLC 0.73% of their portfolio SPRINGFIELD, MA 11,698,62911.7m $299.6m $299.6m 0.73% Added +928.4k +928,430
4 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 5,401,2645.4m $138.3m $138.3m 0.01% Reduced -5.5m -5,534,432
5 Cetera Investment Advisers 0.10% of their portfolio SCHAUMBURG, IL 3,641,7043.6m $93.3m $93.3m 0.10% Added +160.9k +160,937
6 PARK AVENUE SECURITIES LLC 0.76% of their portfolio NEW YORK, NY 3,493,6403.5m $89.5m $89.5m 0.76% Added +13.7k +13,733
7 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 3,351,2163.4m $85.8m $85.8m 0.05% Reduced -295.3k -295,312
8 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 2,893,0822.9m $74.1m $74.1m 0.01% Added +2.4m +2,400,952
9 NorthRock Partners, LLC 0.47% of their portfolio MINNEAPOLIS, MN 1,076,8181.1m $27.6m $27.6m 0.47% Added +217.3k +217,307
10 WBH ADVISORY INC 1.91% of their portfolio BALTIMORE, MD 1,009,3181.0m $25.8m $25.8m 1.91% Reduced -29.2k -29,189
11 Envestnet Portfolio Solutions, Inc. 0.09% of their portfolio BERWYN, PA 1,002,7031.0m $25.7m $25.7m 0.09% Added +80.2k +80,199
12 Sequoia Financial Advisors, LLC 0.13% of their portfolio Akron, OH 903,402903.4k $23.1m $23.1m 0.13% Added +13.8k +13,771
13 Keystone Global Partners, LLC 8.39% of their portfolio DENVER, CO 744,398744.4k $19.1m $19.1m 8.39% Reduced -449 -449
14 Sanctuary Advisors, LLC 0.08% of their portfolio INDIANAPOLIS, IN 579,046579.0k $14.8m $14.8m 0.08% Added +82.0k +82,011
15 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 403,864403.9k $10.3m $10.3m 0.02% Added +29.6k +29,591
16 Invst, LLC 1.08% of their portfolio INDIANAPOLIS, IN 389,507389.5k $10.0m $10.0m 1.08% Added +490 +490
17 Waverly Advisors, LLC 0.08% of their portfolio BIRMINGHAM, AL 362,567362.6k $9.3m $9.3m 0.08% Added +31.8k +31,801
18 Magnus Financial Group LLC 0.51% of their portfolio NEW YORK, NY 262,390262.4k $6.7m $6.7m 0.51% Added +4.3k +4,298
19 Beacon Bridge Wealth Partners, LLC 2.22% of their portfolio LOWER GWYNEDD, PA 260,433260.4k $6.7m $6.7m 2.22% Added +21.7k +21,670
20 Regal Investment Advisors LLC 0.38% of their portfolio KENTWOOD, MI 246,518246.5k $6.3m $6.3m 0.38% Added +6.4k +6,414
21 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 236,455236.5k $6.1m $6.1m 0.01% Added +10.6k +10,618
22 GeoWealth Management, LLC 0.21% of their portfolio CHICAGO, IL 224,896224.9k $5.8m $5.8m 0.21% Reduced -25.6k -25,564
23 Orion Porfolio Solutions, LLC 0.04% of their portfolio OMAHA, NE 219,915219.9k $5.6m $5.6m 0.04% Added +175.8k +175,770
24 SILVERLAKE WEALTH MANAGEMENT LLC 1.10% of their portfolio WILLISTON, VT 191,459191.5k $4.9m $4.9m 1.10% Reduced -49 -49
25 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 174,844174.8k $4.5m $4.5m 0.01% Added +36.9k +36,858
26 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 173,426173.4k $4.4m $4.4m 0.01% Reduced -54.3k -54,345
27 Archer Investment Management, LLC 2.36% of their portfolio AUSTIN, TX 171,309171.3k $4.4m $4.4m 2.36% New
28 WEALTHGARDEN F.S. LLC 2.66% of their portfolio EL SEGUNDO, CA 154,235154.2k $4.0m $4.0m 2.66% Added +6.1k +6,118
29 Strategic Blueprint, LLC 0.17% of their portfolio ATLANTA, GA 113,672113.7k $2.9m $2.9m 0.17% Added +5.2k +5,192
30 Modern Wealth Management, LLC 0.05% of their portfolio KANSAS CITY, MO 110,670110.7k $2.8m $2.8m 0.05% New
31 RDA Financial Network 0.64% of their portfolio AKRON, IA 104,406104.4k $2.7m $2.7m 0.64% Added +13.2k +13,198
32 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 99,08699.1k $2.5m $2.5m 0.00% New
33 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 82,05282.1k $2.1m $2.1m 0.00% Added +39.8k +39,799
34 Transamerica Financial Advisors, LLC 0.17% of their portfolio CEDAR RAPIDS, IA 78,22978.2k $2.0m $2.0m 0.17% Added +25.9k +25,857
35 OneAscent Family Office, LLC 1.33% of their portfolio BIRMINGHAM, AL 76,54076.5k $2.0m $2.0m 1.33% Added +1.6k +1,640
36 GWN SECURITIES INC. 0.34% of their portfolio Palm Beach Gardens, FL 66,10666.1k $1.7m $1.7m 0.34% Added +8.5k +8,519
37 Stonebrook Private Inc. 0.35% of their portfolio NORTHVILLE, MI 65,82665.8k $1.7m $1.7m 0.35% New
38 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 65,27265.3k $1.7m $1.7m 0.00% Reduced -234.2k -234,229
39 Two West Capital Advisors LLC 0.96% of their portfolio Overland Park, KS 64,81164.8k $1.7m $1.7m 0.96% Added +35.8k +35,834
40 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 63,40863.4k $1.6m $1.6m 0.02% Added +6.8k +6,782
41 Claro Advisors Inc. 0.22% of their portfolio BOSTON, MA 62,10362.1k $1.6m $1.6m 0.22% Reduced -9.4k -9,396
42 WCG Wealth Advisors LLC 0.04% of their portfolio LAS VEGAS, NV 51,76751.8k $1.3m $1.3m 0.04% Reduced -6.1k -6,130
43 Vantus Wealth LLC 0.90% of their portfolio LANCASTER, PA 47,95748.0k $1.2m $1.2m 0.90% First filing
44 B. Riley Wealth Advisors, Inc. 0.06% of their portfolio MEMPHIS, TN 47,33347.3k $1.2m $1.2m 0.06% Added +7.6k +7,619
45 Aptus Capital Advisors, LLC 0.01% of their portfolio FAIRHOPE, AL 47,13147.1k $1.2m $1.2m 0.01% Reduced -3.4k -3,447
46 Advyzon Investment Management, LLC 0.14% of their portfolio LISLE, IL 47,13047.1k $1.2m $1.2m 0.14% New
47 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.02% of their portfolio LOS ANGELES, CA 46,14846.1k $1.2m $1.2m 0.02% Added +2.5k +2,489
48 Freedom Investment Management, Inc. 0.31% of their portfolio SOUTH WINDSOR, CT 41,88741.9k $1.1m $1.1m 0.31% Added +21.3k +21,260
49 LongView Wealth Management 0.26% of their portfolio ATLANTA, GA 41,59041.6k $1.1m $1.1m 0.26% Added +19.3k +19,293
50 Milestone Asset Management Group, LLC 0.60% of their portfolio AVON, CT 41,58941.6k $1.1m $1.1m 0.60% Reduced -2.2k -2,182
51 Integrated Advisors Network LLC 0.05% of their portfolio DALLAS, TX 39,79939.8k $1.0m $1.0m 0.05% Unchanged
52 OneAscent Financial Services LLC 0.09% of their portfolio BIRMINGHAM, AL 38,35038.4k $982.1k $982.1k 0.09% New
53 Ausdal Financial Partners, Inc. 0.05% of their portfolio Davenport, IA 38,16838.2k $977.5k $977.5k 0.05% Reduced -1.4k -1,351
54 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 37,41637.4k $958.2k $958.2k 0.01% Reduced -275.5k -275,481
55 Fortis Advisors, LLC 0.51% of their portfolio WAYNE, PA 35,86035.9k $918.4k $918.4k 0.51% New
56 Elevated Financial Group LLC 0.31% of their portfolio INDIANAPOLIS, IN 35,15135.2k $900.2k $900.2k 0.31% First filing
57 Richmond Investment Services, LLC 0.14% of their portfolio Mequon, WI 32,03232.0k $820.3k $820.3k 0.14% Added +6.4k +6,403
58 Sunbelt Securities, Inc. 0.05% of their portfolio HOUSTON, TX 31,67231.7k $811.1k $811.1k 0.05% Added +580 +580
59 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 31,13531.1k $797.4k $797.4k 0.00% Reduced -19.2k -19,157
60 MSH Capital Advisors LLC 0.17% of their portfolio SCOTTSDALE, AZ 30,80530.8k $788.9k $788.9k 0.17% Reduced -1.8k -1,759
61 Financial Sense Advisors, Inc. 0.15% of their portfolio SAN DIEGO, CA 30,59530.6k $783.5k $783.5k 0.15% Reduced -2.7k -2,746
62 Focus Partners Advisor Solutions, LLC 0.01% of their portfolio SAINT LOUIS, MO 28,91028.9k $740.4k $740.4k 0.01% New
63 GC Wealth Management RIA, LLC 0.02% of their portfolio Cambridge, MA 26,00426.0k $666.0k $666.0k 0.02% Reduced -3.9k -3,919
64 Legacy Edge Advisors, LLC 0.07% of their portfolio SYOSSET, NY 25,40125.4k $650.5k $650.5k 0.07% Reduced -3.3k -3,305
65 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 24,60924.6k $630.2k $630.2k 0.01% Reduced -1.1k -1,134
66 Vantage Financial Partners, LLC 0.12% of their portfolio ELM GROVE, WI 22,35622.4k $572.5k $572.5k 0.12% Reduced -808 -808
67 IFG Advisory, LLC 0.02% of their portfolio ATLANTA, GA 20,09220.1k $514.6k $514.6k 0.02% Added +494 +494
68 Resurgent Financial Advisors LLC 0.25% of their portfolio ATLANTA, GA 19,74619.7k $505.7k $505.7k 0.25% Reduced -3.3k -3,315
69 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 19,07719.1k $488.6k $488.6k 0.00% Reduced -483 -483
70 NWAM LLC 0.03% of their portfolio MERCER ISLAND, WA 18,73418.7k $490.8k $490.8k 0.03% Added +458 +458
71 Elevation Wealth Management LLC 0.44% of their portfolio EDEN PRAIRIE, MN 18,02518.0k $461.6k $461.6k 0.44% First filing
72 Aegis Wealth Management, Inc. 0.35% of their portfolio Guthrie Center, IA 17,19817.2k $440.4k $440.4k 0.35% First filing
73 Cadia Private Client LLC 0.33% of their portfolio PARSIPPANY, NJ 16,37516.4k $419.4k $419.4k 0.33% First filing
74 FMR LLC 0.00% of their portfolio BOSTON, MA 15,91715.9k $407.6k $407.6k 0.00% Added +1.4k +1,375
75 SeaCrest Wealth Management, LLC 0.04% of their portfolio PURCHASE, NY 15,68515.7k $408.0k $408.0k 0.04% New
76 FIDUCIARY FAMILY OFFICE, LLC 0.11% of their portfolio Boca Raton, FL 15,37815.4k $393.8k $393.8k 0.11% Added +142 +142
77 Valmark Advisers, Inc. 0.00% of their portfolio AKRON, OH 14,45814.5k $370.3k $370.3k 0.00% Reduced -78 -78
78 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 13,73513.7k $351.8k $351.8k 0.00% Added +5.3k +5,325
79 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 13,54613.5k $346.9k $346.9k 0.00% Unchanged
80 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 13,30113.3k $340.6k $340.6k 0.00% Added +2.8k +2,827
81 Smartleaf Asset Management LLC 0.01% of their portfolio BOSTON, MA 12,86212.9k $331.8k $331.8k 0.01% Reduced -18.8k -18,803
82 Vertex Planning Partners, LLC 0.08% of their portfolio DOWNERS GROVE, IL 12,75712.8k $326.7k $326.7k 0.08% Unchanged
83 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 12,26212.3k $314.0k $314.0k 0.00% Reduced -9.9k -9,879
84 BlackRock, Inc. 0.00% of their portfolio New York, NY 11,91011.9k $305.0k $305.0k 0.00% Reduced -104 -104
85 ONE WEALTH CAPITAL MANAGEMENT, LLC 0.12% of their portfolio SCOTTSDALE, AZ 11,40411.4k $292.1k $292.1k 0.12% Reduced -181 -181
86 Frisch Financial Group, Inc. 0.06% of their portfolio MELVILLE, NY 11,04011.0k $282.7k $282.7k 0.06% New
87 Avantra Family Wealth, Inc. 0.18% of their portfolio MECHANICSBURG, PA 9,9169.9k $254.0k $254.0k 0.18% Added +212 +212
88 PRIVATE TRUST CO NA 0.02% of their portfolio CLEVELAND, OH 9,3619.4k $239.7k $239.7k 0.02% New
89 ONE Advisory Partners, LLC 0.07% of their portfolio OVERLAND PARK, KS 9,2299.2k $236.4k $236.4k 0.07% Added +136 +136
90 Town Capital LLC 0.19% of their portfolio BEL AIR, MD 8,9208.9k $228.4k $228.4k 0.19% First filing
91 Hilltop Holdings Inc. 0.01% of their portfolio DALLAS, TX 8,8788.9k $227.4k $227.4k 0.01% Added +401 +401
92 Aries Wealth Management 0.05% of their portfolio PORTLAND, ME 8,5908.6k $220.0k $220.0k 0.05% Unchanged
93 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 8,1998.2k $211.5k $211.5k 0.00% New
94 Park Place Capital Corp 0.03% of their portfolio Homewood, AL 5,1795.2k $132.6k $132.6k 0.03% Added +219 +219
95 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 5,0495.0k $129.3k $129.3k 0.00% Reduced -5.2k -5,151
96 AMERIFLEX GROUP, INC. 0.05% of their portfolio LAS VEGAS, NV 3,7483.7k $96.0k $96.0k 0.05% Reduced -3.1k -3,076
97 Signature Equity Partners, LLC 0.04% of their portfolio COLUMBUS, OH 3,1733.2k $81.3k $81.3k 0.04% First filing
98 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 3,0913.1k $79.2k $79.2k 0.00% Added +74 +74
99 Wellington Grp LLC 0.02% of their portfolio INDIANAPOLIS, IN 2,4292.4k $62.2k $62.2k 0.02% First filing
100 Cornerstone Planning Group LLC 0.01% of their portfolio FAIRFIELD, NJ 2,1192.1k $56.1k $56.1k 0.01% Unchanged