Vault-13

CAPITOL SER TR TACK

FAIRLEAD TACTICA · ETP · CUSIP 14064D550

26 institutional holders +3 vs Q4 2022
5,810,2925.8m shares reported held*
$140.7mreported value*
9 new 12 added 3 reduced 6 sold out net bought ≈ $15.8m (+653.3k 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. Holder counts are more reliable. Implied quarter-end price ≈ $24.22.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 20Q4 22: 23Q1 23: 2626Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202220
Q4 202223
Q1 202326

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 15 bought or addedQ4 22: 9 cut or sold outQ4 22Q1 23: 21 bought or addedQ1 23: 9 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022159
Q1 2023219

Biggest buyers

Mariner, LLC New +140,041+140.0k
COMMONWEALTH EQUITY SERVICES, LLC Added +138,822+138.8k
Lokken Investment Group LLC New +101,018+101.0k
CARY STREET PARTNERS ASSET MANAGEMENT LLC Added +87,694+87.7k
UBS Group AG Added +74,731+74.7k
CARY STREET PARTNERS INVESTMENT ADVISORY LLC Added +47,274+47.3k
Advisory Services Network, LLC New +25,093+25.1k
HighTower Advisors, LLC Added +23,408+23.4k
STIFEL FINANCIAL CORP Added +22,851+22.9k
Vantage Financial Partners, LLC Added +17,098+17.1k

Biggest sellers

Financial Enhancement Group LLC Reduced -30,927-30.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -11,866-11.9k
Jaffetilchin Investment Partners, LLC Reduced -11,486-11.5k
Clientfirst Wealth Management, LLC Sold out -10,000-10.0k
NewEdge Advisors, LLC Sold out -6,340-6.3k
NewEdge Wealth, LLC Reduced -1,674-1.7k
MONEY CONCEPTS CAPITAL CORP Sold out -1,500-1.5k
Covestor Ltd Sold out -160-160
HARVEST GROUP WEALTH MANAGEMENT, LLC Sold out -120-120

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CARY STREET PARTNERS ASSET MANAGEMENT LLC 9.38% of their portfolio RICHMOND, VA 2,047,8302.0m $49.6m $49.6m 9.38% Added +87.7k +87,694
2 UBS Group AG 0.02% of their portfolio ZURICH, V8 1,534,7351.5m $37.2m $37.2m 0.02% Added +74.7k +74,731
3 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 590,976591.0k $14.3m $14.3m 0.02% Added +22.9k +22,851
4 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 320,337320.3k $7.8m $7.8m 0.02% Added +138.8k +138,822
5 Vantage Financial Partners, LLC 2.42% of their portfolio ELM GROVE, WI 251,114251.1k $6.1m $6.1m 2.42% Added +17.1k +17,098
6 Financial Enhancement Group LLC 1.16% of their portfolio ANDERSON, IN 249,164249.2k $6.0m $6.0m 1.16% Reduced -30.9k -30,927
7 CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.41% of their portfolio RICHMOND, VA 236,535236.5k $5.7m $5.7m 0.41% Added +47.3k +47,274
8 Mariner, LLC 0.01% of their portfolio Overland Park, KS 140,041140.0k $3.4m $3.4m 0.01% New
9 Lokken Investment Group LLC 1.86% of their portfolio LEWES, DE 101,018101.0k $2.4m $2.4m 1.86% New
10 NewEdge Wealth, LLC 0.06% of their portfolio STAMFORD, CT 67,70967.7k $1.6m $1.6m 0.06% Reduced -1.7k -1,674
11 RiverTree Advisors, LLC 0.69% of their portfolio WINTER PARK, FL 39,67839.7k $961.4k $961.4k 0.69% Added +2.3k +2,318
12 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 37,52037.5k $911.0k $911.0k 0.00% Added +23.4k +23,408
13 Hudson Value Partners, LLC 0.48% of their portfolio PALM BEACH, FL 34,79034.8k $843.0k $843.0k 0.48% Added +178 +178
14 Wealthcare Advisory Partners LLC 0.03% of their portfolio WEST CHESTER, PA 32,63232.6k $790.7k $790.7k 0.03% Added +3.0k +2,962
15 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 25,09325.1k $608.0k $608.0k 0.02% New
16 Jaffetilchin Investment Partners, LLC 0.06% of their portfolio TAMPA, FL 21,50021.5k $520.9k $520.9k 0.06% Reduced -11.5k -11,486
17 Regal Investment Advisors LLC 0.03% of their portfolio KENTWOOD, MI 15,34115.3k $371.7k $371.7k 0.03% Added +3.2k +3,238
18 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 14,34714.3k $348.0k $348.0k 0.00% New
19 Core Wealth Advisors, Inc. 0.14% of their portfolio LAKELAND, FL 14,04414.0k $340.3k $340.3k 0.14% Added +2.1k +2,132
20 PFG Advisors 0.03% of their portfolio Phoenix, AZ 13,64213.6k $330.5k $330.5k 0.03% New
21 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 11,75011.8k $284.7k $284.7k 0.01% Unchanged
22 AXXCESS WEALTH MANAGEMENT, LLC 0.02% of their portfolio CARLSBAD, CA 8,7108.7k $211.0k $211.0k 0.02% New
23 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,3401.3k $32.5k $32.5k 0.00% New
24 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 422422 $10.3k $10.3k 0.00% New
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2424 $582 $582 0.00% New
26 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged