Vault-13

CAPITOL SER TR

STERLING CAP ENH · CUSIP 14064D444

28 institutional holders +2 vs Q3 2025
12,516,93612.5m shares reported held*
$317.4mreported value*
5 new 11 added 8 reduced 4 sold out net sold ≈ $4.8m (-188.3k 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 ($73.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.36.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0102030Q1 25: 1Q2 25: 27Q3 25: 26Q4 25: 2828Q1 25Q2 25Q3 25Q4 25
Numbers
QuarterHolders
Q1 20251
Q2 202527
Q3 202526
Q4 202528

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 25: 26 bought or addedQ2 25: 0 cut or sold outQ2 25Q3 25: 19 bought or addedQ3 25: 12 cut or sold outQ3 25Q4 25: 16 bought or addedQ4 25: 12 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q2 2025260
Q3 20251912
Q4 20251612

Biggest buyers

Kingdom Financial Group LLC. Added +404,462+404.5k
CWA Asset Management Group, LLC Added +148,757+148.8k
AE Wealth Management LLC Added +117,441+117.4k
HOWARD BAILEY SECURITIES, LLC Added +30,956+31.0k
FLP Wealth Management, LLC Added +20,516+20.5k
Quest 10 Wealth Builders, Inc. Added +14,362+14.4k
TRUIST FINANCIAL CORP Added +9,392+9.4k
LifePlan Investment Advisors, Inc. Added +8,598+8.6k
Procyon Advisors, LLC New +8,004+8.0k
FSA Advisors, Inc. Added +3,922+3.9k

Biggest sellers

LifeWealth Investments, LLC Reduced -488,550-488.6k
GOLDMAN SACHS GROUP INC Reduced -294,938-294.9k
B.O.S.S. Retirement Advisors, LLC Reduced -103,097-103.1k
CITADEL ADVISORS LLC Sold out -20,918-20.9k
AlphaStar Capital Management, LLC Sold out -19,450-19.4k
JANE STREET GROUP, LLC Sold out -15,287-15.3k
Arcadia Wealth Management, LLC Reduced -6,188-6.2k
Global Wealth Management Investment Advisory, Inc. Reduced -6,180-6.2k
Lloyd Advisory Services, LLC. Reduced -4,445-4.4k
Root Financial Partners, LLC Reduced -1,851-1.9k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 AE Wealth Management LLC 0.77% of their portfolio TOPEKA, KS 5,279,4785.3m $133.9m $133.9m 0.77% Added +117.4k +117,441
2 Kingdom Financial Group LLC. 17.16% of their portfolio PEORIA, AZ 2,189,9972.2m $55.5m $55.5m 17.16% Added +404.5k +404,462
3 CWA Asset Management Group, LLC 1.43% of their portfolio NAPLES, FL 1,563,9971.6m $39.7m $39.7m 1.43% Added +148.8k +148,757
4 HOWARD BAILEY SECURITIES, LLC 11.19% of their portfolio FORT WAYNE, IN 1,120,1961.1m $28.4m $28.4m 11.19% Added +31.0k +30,956
5 Key Capital Management, INC 17.54% of their portfolio HENDERSONVILLE, TN 37075, TN 698,179698.2k $17.7m $17.7m 17.54% First filing
6 LifeWealth Investments, LLC 4.65% of their portfolio WINTER GARDEN, FL 579,107579.1k $14.7m $14.7m 4.65% Reduced -488.6k -488,550
7 Global Wealth Management Investment Advisory, Inc. 1.05% of their portfolio FORT LAUDERDALE, FL 258,993259.0k $6.6m $6.6m 1.05% Reduced -6.2k -6,180
8 FWG Investments, LLC. 4.10% of their portfolio LEXINGTON, KY 253,720253.7k $6.4m $6.4m 4.10% Added +3.9k +3,851
9 Quest 10 Wealth Builders, Inc. 2.75% of their portfolio Fuquay-Varina, VA 121,336121.3k $3.1m $3.1m 2.75% Added +14.4k +14,362
10 Centennial Advisors, LLC 2.81% of their portfolio AUSTIN, TX 85,17085.2k $2.2m $2.2m 2.81% First filing
11 FLP Wealth Management, LLC 4.62% of their portfolio BENTONVILLE, AR 76,90576.9k $1.9m $1.9m 4.62% Added +20.5k +20,516
12 FSA Advisors, Inc. 1.18% of their portfolio TROY, MI 66,81366.8k $1.7m $1.7m 1.18% Added +3.9k +3,922
13 Lloyd Advisory Services, LLC. 0.58% of their portfolio SUWANEE, GA 59,20159.2k $1.5m $1.5m 0.58% Reduced -4.4k -4,445
14 B.O.S.S. Retirement Advisors, LLC 0.26% of their portfolio Lehi, UT 33,01233.0k $837.0k $837.0k 0.26% Reduced -103.1k -103,097
15 Decker Retirement Planning Inc. 0.37% of their portfolio LEVI, UT 29,48029.5k $747.5k $747.5k 0.37% Added +67 +67
16 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 20,73720.7k $525.8k $525.8k 0.00% Added +9.4k +9,392
17 LifePlan Investment Advisors, Inc. 0.18% of their portfolio RALEIGH, NC 17,54017.5k $444.7k $444.7k 0.18% Added +8.6k +8,598
18 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 15,34615.3k $389.1k $389.1k 0.00% Reduced -294.9k -294,938
19 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 12,16512.2k $308.4k $308.4k 0.01% Unchanged
20 Networth Advisors, LLC 0.18% of their portfolio CANONSBURG, PA 9,4419.4k $239.4k $239.4k 0.18% First filing
21 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 9,2209.2k $233.8k $233.8k 0.00% Reduced -330 -330
22 Arcadia Wealth Management, LLC 0.08% of their portfolio Manchester, NH 8,1858.2k $207.5k $207.5k 0.08% Reduced -6.2k -6,188
23 Procyon Advisors, LLC 0.01% of their portfolio SHELTON, CT 8,0048.0k $202.9k $202.9k 0.01% New
24 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,7591.8k $44.6k $44.6k 0.00% New
25 Root Financial Partners, LLC 0.00% of their portfolio ENCINITAS, CA 948948 $24.0k $24.0k 0.00% Reduced -1.9k -1,851
26 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 490490 $12.0k $12.0k 0.00% New
27 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 219219 $5.6k $5.6k 0.00% New
28 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 182182 $4.6k $4.6k 0.00% New