Vault-13

DBX ETF TR ASHR

XTRACK HRVST CSI · ETP · CUSIP 233051879

134 institutional holders -4 vs Q4 2025
32,363,19532.4m shares reported held*
$1.1bnreported value*
30 new 31 added 44 reduced 32 sold out net sold ≈ $96.8m (-3.0m 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 ($1.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $32.63. Options: 19 managers hold calls ($355.2m notional), 14 hold puts ($401.6m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 127Q4 22: 142Q1 23: 148Q2 23: 131Q3 23: 123Q4 23: 119Q1 24: 118Q2 24: 110Q3 24: 123Q4 24: 138Q1 25: 139Q2 25: 134Q3 25: 142Q4 25: 138Q1 26: 134134Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022127
Q4 2022142
Q1 2023148
Q2 2023131
Q3 2023123
Q4 2023119
Q1 2024118
Q2 2024110
Q3 2024123
Q4 2024138
Q1 2025139
Q2 2025134
Q3 2025142
Q4 2025138
Q1 2026134

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 24: 53 bought or addedQ2 24: 54 cut or sold outQ3 24: 60 bought or addedQ3 24: 60 cut or sold outQ3 24Q4 24: 82 bought or addedQ4 24: 64 cut or sold outQ1 25: 70 bought or addedQ1 25: 73 cut or sold outQ1 25Q2 25: 61 bought or addedQ2 25: 71 cut or sold outQ3 25: 66 bought or addedQ3 25: 56 cut or sold outQ3 25Q4 25: 58 bought or addedQ4 25: 71 cut or sold outQ1 26: 61 bought or addedQ1 26: 76 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20245354
Q3 20246060
Q4 20248264
Q1 20257073
Q2 20256171
Q3 20256656
Q4 20255871
Q1 20266176

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1bn$2bn$3bnQ2 25 calls: $871.1mQ2 25 puts: $458.3mQ2 25P/C 0.53Q3 25 calls: $2.7bnQ3 25 puts: $901.2mQ3 25P/C 0.33Q4 25 calls: $1.0bnQ4 25 puts: $428.3mQ4 25P/C 0.43Q1 26 calls: $355.2mQ1 26 puts: $401.6mQ1 26P/C 1.13
Numbers
QuarterCallsPutsP/C
Q2 2025$871.1m$458.3m0.53
Q3 2025$2.7bn$901.2m0.33
Q4 2025$1.0bn$428.3m0.43
Q1 2026$355.2m$401.6m1.13

Biggest buyers

Varma Mutual Pension Insurance Co New +1,700,000+1.7m
ASSETMARK, INC New +1,501,769+1.5m
JANE STREET GROUP, LLC New +1,209,733+1.2m
BNP PARIBAS FINANCIAL MARKETS Added +1,107,816+1.1m
MORGAN STANLEY Added +1,082,724+1.1m
Harel Insurance Investments & Financial Services Ltd. Added +355,000+355.0k
Castle Hook Partners LP New +283,242+283.2k
Federation des caisses Desjardins du Quebec Added +237,391+237.4k
SUN LIFE FINANCIAL INC Added +183,707+183.7k
Jain Global LLC New +164,066+164.1k

Biggest sellers

GOLDMAN SACHS GROUP INC Reduced -1,421,321-1.4m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -1,145,005-1.1m
CITIGROUP INC Reduced -750,835-750.8k
BANK OF AMERICA CORP /DE/ Reduced -668,929-668.9k
SIH Partners, LLLP Reduced -645,885-645.9k
TT International Asset Management LTD Sold out -621,592-621.6k
JPMORGAN CHASE & CO Reduced -427,601-427.6k
BARCLAYS PLC Reduced -398,248-398.2k
Provida Pension Fund Administrator Reduced -394,624-394.6k
Squarepoint Ops LLC Sold out -389,893-389.9k

Biggest calls

CITADEL ADVISORS LLC Added $94.1m2.9m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $55.4m1.7m shares
JANE STREET GROUP, LLC Reduced $51.3m1.6m shares
Carrhae Capital LLP Reduced $43.6m1.3m shares
GOLDMAN SACHS GROUP INC Unchanged $24.5m750.0k shares
Squarepoint Ops LLC Added $14.8m452.0k shares
Walleye Trading LLC Added $12.6m385.9k shares
Balyasny Asset Management L.P. Added $12.0m368.5k shares
Banco BTG Pactual S.A. New $9.8m300.0k shares
UBS Group AG Reduced $8.5m260.0k shares

Biggest puts

JANE STREET GROUP, LLC Reduced $196.7m6.0m shares
Jain Global LLC New $84.0m2.6m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $33.3m1.0m shares
CITADEL ADVISORS LLC Added $32.5m994.7k shares
Squarepoint Ops LLC Added $13.6m417.7k shares
BNP PARIBAS FINANCIAL MARKETS Reduced $11.3m3.5k shares
Walleye Trading LLC Reduced $9.3m285.3k shares
MARSHALL WACE, LLP Added $7.2m219.7k shares
UBS Group AG New $4.9m151.5k shares
Parallax Volatility Advisers, L.P. Reduced $4.0m123.9k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 5,145,4915.1m $167.9m $167.9m 0.01% Added +1.1m +1,082,724
2 BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio PARIS, I0 2,929,0652.9m $95.6m $95.6m 0.06% Added +1.1m +1,107,816
3 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.10% of their portfolio BALA CYNWYD, PA 2,481,2792.5m $81.0m $81.0m 0.10% Reduced -1.1m -1,145,005
4 Varma Mutual Pension Insurance Co 0.33% of their portfolio Varma, H9 1,700,0001.7m $55.5m $55.5m 0.33% New
5 ICICI Prudential Asset Management Co Ltd 6.26% of their portfolio MUMBAI, K7 1,596,2101.6m $52.1m $52.1m 6.26% Unchanged
6 ASSETMARK, INC 0.10% of their portfolio CONCORD, CA 1,501,7691.5m $49.0m $49.0m 0.10% New
7 CI INVESTMENTS INC. 0.22% of their portfolio TORONTO, Z4 1,360,9121.4m $44.4m $44.4m 0.22% Reduced -359.3k -359,300
8 Rafferty Asset Management, LLC 0.16% of their portfolio New York, NY 1,224,7281.2m $40.0m $40.0m 0.16% Added +89.5k +89,481
9 JANE STREET GROUP, LLC 0.04% of their portfolio NEW YORK, NY 1,209,7331.2m $39.5m $39.5m 0.04% New
10 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,033,4991.0m $33.7m $33.7m 0.01% Reduced -224.7k -224,687
11 OLD MISSION CAPITAL LLC 0.71% of their portfolio CHICAGO, IL 919,077919.1k $30.0m $30.0m 0.71% Reduced -228.3k -228,320
12 Federation des caisses Desjardins du Quebec 0.09% of their portfolio LEVIS, A8 768,215768.2k $25.1m $25.1m 0.09% Added +237.4k +237,391
13 Harel Insurance Investments & Financial Services Ltd. 0.16% of their portfolio Ramat Gan, L3 735,613735.6k $24.0m $24.0m 0.16% Added +355.0k +355,000
14 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 704,956705.0k $23.0m $23.0m 0.01% Reduced -68.3k -68,271
15 Delphi Financial Group, Inc. 8.69% of their portfolio Wilmington, DE 590,280590.3k $19.3m $19.3m 8.69% Unchanged
16 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 534,888534.9k $17.2m $17.2m 0.00% Reduced -427.6k -427,601
17 Fosun International Ltd 4.26% of their portfolio HONG KONG, F4 520,270520.3k $17.0m $17.0m 4.26% Unchanged
18 SUN LIFE FINANCIAL INC 0.95% of their portfolio Toronto, A6 514,607514.6k $16.8m $16.8m 0.95% Added +183.7k +183,707
19 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 353,945353.9k $11.6m $11.6m 0.00% Added +64.6k +64,599
20 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 348,525348.5k $11.4m $11.4m 0.02% Added +98.7k +98,670
21 Analyst IMS Investment Management Services Ltd. 0.34% of their portfolio Tel-aviv, L3 345,757345.8k $11.3m $11.3m 0.34% Unchanged
22 Point72 Asset Management, L.P. 0.02% of their portfolio STAMFORD, CT 321,500321.5k $10.5m $10.5m 0.02% Reduced -12.3k -12,300
23 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 297,207297.2k $9.7m $9.7m 0.00% Reduced -1.4m -1,421,321
24 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 296,855296.9k $9.7m $9.7m 0.00% Unchanged
25 Castle Hook Partners LP 0.19% of their portfolio NEW YORK, NY 283,242283.2k $9.2m $9.2m 0.19% New
26 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 278,119278.1k $9.1m $9.1m 0.00% Reduced -398.2k -398,248
27 STRS OHIO 0.03% of their portfolio COLUMBUS, OH 250,130250.1k $8.2m $8.2m 0.03% Reduced -38.1k -38,094
28 Rovida Investment Management Ltd 1.02% of their portfolio Grand Cayman, E9 250,000250.0k $8.2m $8.2m 1.02% Unchanged
29 CAPITAL FUND MANAGEMENT S.A. 0.07% of their portfolio PARIS, I0 246,036246.0k $8.0m $8.0m 0.07% Added +109.2k +109,174
30 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 222,971223.0k $7.3m $7.3m 0.01% Reduced -235.2k -235,182
31 SIH Partners, LLLP 0.19% of their portfolio Wilmington, DE 184,810184.8k $6.0m $6.0m 0.19% Reduced -645.9k -645,885
32 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 181,786181.8k $5.9m $5.9m 0.01% Reduced -35.3k -35,293
33 Provida Pension Fund Administrator 0.09% of their portfolio LAS CONDES, SANTIAGO, F3 164,136164.1k $5.4m $5.4m 0.09% Reduced -394.6k -394,624
34 Jain Global LLC 0.07% of their portfolio NEW YORK, NY 164,066164.1k $5.4m $5.4m 0.07% New
35 Galaxy Digital Inc. 0.81% of their portfolio NEW YORK, NY 157,750157.8k $5.1m $5.1m 0.81% First filing
36 EVERGREEN CAPITAL MANAGEMENT LLC 0.10% of their portfolio Bellevue, WA 136,800136.8k $4.5m $4.5m 0.10% Added +58.1k +58,080
37 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 116,518116.5k $3.8m $3.8m 0.00% Reduced -750.8k -750,835
38 NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio TOKYO, M0 115,690115.7k $3.8m $3.8m 0.01% Added +8.0k +8,010
39 Corecam AG 3.37% of their portfolio ZURICH, V8 114,900114.9k $3.8m $3.8m 3.37% Unchanged
40 New York Life Investment Management LLC 0.02% of their portfolio New York, NY 89,02189.0k $2.9m $2.9m 0.02% Reduced -9.4k -9,404
41 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 88,02688.0k $2.9m $2.9m 0.00% Reduced -668.9k -668,929
42 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio CHICAGO, IL 85,77985.8k $2.8m $2.8m 0.01% Reduced -4.3k -4,258
43 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 81,80381.8k $2.7m $2.7m 0.00% Added +6.9k +6,894
44 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 78,53478.5k $2.6m $2.6m 0.01% Added +18.6k +18,589
45 FIL Ltd 0.00% of their portfolio HAMILTON, D0 77,02577.0k $2.5m $2.5m 0.00% Added +19.2k +19,243
46 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 74,36174.4k $2.4m $2.4m 0.00% Reduced -78.4k -78,448
47 Vontobel Holding Ltd. 0.01% of their portfolio ZURICH, V8 74,03874.0k $2.4m $2.4m 0.01% Added +700 +700
48 Banque Cantonale Vaudoise 0.09% of their portfolio LAUSANNE, V8 70,51470.5k $2.3m $2.3m 0.09% Reduced -20.2k -20,225
49 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 67,69367.7k $2.2m $2.2m 0.00% Reduced -283.3k -283,332
50 Pekin Hardy Strauss, Inc. 0.21% of their portfolio CHICAGO, IL 63,03563.0k $2.1m $2.1m 0.21% New
51 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 58,44858.4k $1.9m $1.9m 0.00% New
52 ACIMA PRIVATE WEALTH, LLC 0.56% of their portfolio RICHMOND, VA 54,52254.5k $1.8m $1.8m 0.56% Reduced -93 -93
53 Summit Place Financial Advisors, LLC 0.80% of their portfolio SUMMIT, NJ 50,83450.8k $1.7m $1.7m 0.80% Reduced -615 -615
54 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 45,98846.0k $1.5m $1.5m 0.00% Added +15.7k +15,729
55 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 44,91844.9k $1.5m $1.5m 0.00% Unchanged
56 SELDON CAPITAL LP 0.53% of their portfolio SAN FRANCISCO, CA 44,10644.1k $1.4m $1.4m 0.53% Unchanged
57 PRELUDE CAPITAL MANAGEMENT, LLC 0.10% of their portfolio NEW YORK, NY 40,00040.0k $1.3m $1.3m 0.10% New
58 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 38,11438.1k $1.2m $1.2m 0.00% Added +29.0k +29,046
59 Atria Investments, Inc 0.01% of their portfolio Charlotte, NC 38,04838.0k $1.2m $1.2m 0.01% New
60 IHT Wealth Management, LLC 0.03% of their portfolio Chicago, IL 35,86435.9k $1.2m $1.2m 0.03% New
61 PICTON MAHONEY ASSET MANAGEMENT 0.01% of their portfolio Toronto, A6 31,84531.8k $1.0m $1.0m 0.01% Unchanged
62 Capstone Capital Management Ltd 1.00% of their portfolio HONG KONG, K3 30,45030.4k $993.9k $993.9k 1.00% New
63 TWIN FOCUS CAPITAL PARTNERS, LLC 0.11% of their portfolio Boston, MA 29,64329.6k $967.5k $967.5k 0.11% Reduced -7.5k -7,527
64 PING CAPITAL MANAGEMENT, INC. 0.35% of their portfolio NEW YORK, NY 28,00028.0k $913.9k $913.9k 0.35% Reduced -60.0k -60,000
65 WASHINGTON GROWTH STRATEGIES LLC 0.59% of their portfolio WASHINGTON, DC 27,85227.9k $909.1k $909.1k 0.59% Reduced -3.0k -2,974
66 Balefire, LLC 0.15% of their portfolio DALLAS, TX 24,55624.6k $801.5k $801.5k 0.15% New
67 Provenance Wealth Advisors, LLC 0.08% of their portfolio FORT LAUDERDALE, FL 24,23224.2k $790.9k $790.9k 0.08% Unchanged
68 DV Trading LLC 0.07% of their portfolio CHICAGO, IL 24,20824.2k $790.1k $790.1k 0.07% New
69 Ameritas Advisory Services, LLC 0.03% of their portfolio Lincoln, NE 23,24723.2k $758.8k $758.8k 0.03% New
70 Polunin Capital Partners Ltd 0.19% of their portfolio LONDON, X0 23,18323.2k $749.0k $749.0k 0.19% Unchanged
71 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 23,03323.0k $751.8k $751.8k 0.00% Added +7.5k +7,450
72 Corecam Pte. Ltd. 0.32% of their portfolio SINGAPORE, U0 22,80022.8k $744.2k $744.2k 0.32% Unchanged
73 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 21,28321.3k $694.7k $694.7k 0.00% New
74 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 21,00021.0k $685.4k $685.4k 0.00% Reduced -4.8k -4,751
75 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 20,60820.6k $672.7k $672.7k 0.00% Added +11.9k +11,855
76 Intesa Sanpaolo Wealth Management 0.16% of their portfolio LUXEMBOURG, N4 20,45020.4k $667.5k $667.5k 0.16% Unchanged
77 TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio STAMFORD, CT 20,30520.3k $662.8k $662.8k 0.00% New
78 Global Endowment Management, LP 0.07% of their portfolio CHARLOTTE, NC 20,00020.0k $653.0k $653.0k 0.07% Added +10.0k +10,000
79 Summit Trail Advisors, LLC 0.01% of their portfolio NEW YORK, NY 18,24718.2k $595.6k $595.6k 0.01% Unchanged
80 Algorithmic Investment Models, LLC 0.72% of their portfolio Boston, MA 17,77817.8k $580.3k $580.3k 0.72% New
81 Phraction Management LLC 0.15% of their portfolio COLCHESTER, CT 17,61017.6k $574.8k $574.8k 0.15% Unchanged
82 Gateway Wealth Partners, LLC 0.02% of their portfolio APPLETON, WI 17,25517.3k $563.2k $563.2k 0.02% New
83 Betterment LLC 0.00% of their portfolio NEW YORK, NY 15,89115.9k $519.0k $519.0k 0.00% Added +53 +53
84 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 14,67314.7k $478.8k $478.8k 0.00% Reduced -851 -851
85 Mondrian Investment Partners LTD 0.01% of their portfolio LONDON, X0 13,98314.0k $456.4k $456.4k 0.01% Added +1.6k +1,600
86 BAROMETER CAPITAL MANAGEMENT INC. 0.16% of their portfolio TORONTO, A6 13,90013.9k $453.7k $453.7k 0.16% New
87 INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio SAN DIEGO, CA 13,72913.7k $448.1k $448.1k 0.01% Reduced -35 -35
88 ASO GROUP Ltd 0.18% of their portfolio ROAD TOWN, D8 13,12113.1k $428.0k $428.0k 0.18% Unchanged
89 WAYSTONE ADVISORS LLC 0.35% of their portfolio REDMOND, WA 12,14312.1k $396.3k $396.3k 0.35% New
90 National Philanthropic Trust 0.00% of their portfolio Jenkintown, PA 11,59411.6k $378.4k $378.4k 0.00% New
91 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 10,96111.0k $358.0k $358.0k 0.00% Reduced -325.4k -325,379
92 TWO SIGMA SECURITIES, LLC 0.04% of their portfolio NEW YORK, NY 10,94410.9k $357.2k $357.2k 0.04% Reduced -70.0k -69,973
93 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 10,91710.9k $357.0k $357.0k 0.00% Added +2.9k +2,918
94 Ascent Group, LLC 0.01% of their portfolio VIRGINIA BEACH, VA 10,23510.2k $334.1k $334.1k 0.01% New
95 IMC-Chicago, LLC 0.00% of their portfolio CHICAGO, IL 10,05810.1k $328.3k $328.3k 0.00% Reduced -9.9k -9,925
96 VestGen Advisors, LLC 0.01% of their portfolio CHICAGO, IL 9,6639.7k $351.2k $351.2k 0.01% New
97 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 9,3469.3k $305.1k $305.1k 0.00% Reduced -8.6k -8,602
98 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 9,1359.1k $298.2k $298.2k 0.00% Unchanged
99 Banco Santander, S.A. 0.00% of their portfolio Madrid, U3 9,0009.0k $293.8k $293.8k 0.00% Reduced -9.0k -9,000
100 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 8,2228.2k $268.4k $268.4k 0.00% Added +2.0k +2,033