Vault-13

ETF SER SOLUTIONS DSTL

DISTILLATE US · ETP · CUSIP 26922A321

78 institutional holders +7 vs Q4 2022
17,561,36317.6m shares reported held*
$757.0mreported value*
11 new 38 added 18 reduced 7 sold out net bought ≈ $52.2m (+1.2m 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. Holder counts are more reliable. Implied quarter-end price ≈ $43.11.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 60Q4 22: 71Q1 23: 7878Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202260
Q4 202271
Q1 202378

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 22: 47 bought or addedQ4 22: 20 cut or sold outQ4 22Q1 23: 49 bought or addedQ1 23: 25 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20224720
Q1 20234925

Biggest buyers

AlphaCore Capital LLC New +329,772+329.8k
InterOcean Capital Group, LLC Added +270,194+270.2k
Carlson Capital Management Added +217,467+217.5k
Abacus Planning Group, Inc. Added +88,169+88.2k
SHUFRO ROSE & CO LLC Added +87,065+87.1k
LEVEL FOUR ADVISORY SERVICES, LLC Added +84,608+84.6k
Resonant Capital Advisors, LLC Added +50,895+50.9k
JANICZEK WEALTH MANAGEMENT, LLC Added +28,678+28.7k
Old Port Advisors Added +27,223+27.2k
Orion Porfolio Solutions, LLC New +25,774+25.8k

Biggest sellers

CAPTRUST FINANCIAL ADVISORS Reduced -119,364-119.4k
Madison Asset Management, LLC Reduced -67,729-67.7k
STIFEL FINANCIAL CORP Reduced -33,547-33.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -24,904-24.9k
Hutchens & Kramer Investment Management Group, LLC Reduced -16,533-16.5k
Darwin Wealth Management, LLC Reduced -11,841-11.8k
Birchcreek Wealth Management, LLC Sold out -9,828-9.8k
IFP Advisors, Inc Reduced -6,303-6.3k
RAYMOND JAMES & ASSOCIATES Reduced -6,142-6.1k
Crumly & Associates Inc. Reduced -3,557-3.6k

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Carlson Capital Management 18.90% of their portfolio NORTHFIELD, MN 6,773,7816.8m $292.3m $292.3m 18.90% Added +217.5k +217,467
2 Madison Asset Management, LLC 0.78% of their portfolio MADISON, WI 1,194,2581.2m $51.5m $51.5m 0.78% Reduced -67.7k -67,729
3 Abacus Planning Group, Inc. 10.85% of their portfolio COLUMBIA, SC 975,468975.5k $42.1m $42.1m 10.85% Added +88.2k +88,169
4 Resonant Capital Advisors, LLC 4.02% of their portfolio Madison, WI 819,787819.8k $35.4m $35.4m 4.02% Added +50.9k +50,895
5 Engrave Wealth Partners LLC 11.69% of their portfolio SPRING, TX 814,491814.5k $34.7m $34.7m 11.69% Added +23.8k +23,832
6 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 714,259714.3k $30.8m $30.8m 0.02% Added +11.4k +11,367
7 STEEL GROVE CAPITAL ADVISORS, LLC 3.35% of their portfolio MEMPHIS, TN 580,831580.8k $25.1m $25.1m 3.35% Added +21.3k +21,266
8 SHUFRO ROSE & CO LLC 2.17% of their portfolio NEW YORK, NY 541,404541.4k $23.4m $23.4m 2.17% Added +87.1k +87,065
9 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 477,520477.5k $20.6m $20.6m 0.02% Reduced -6.1k -6,142
10 AVANTAX ADVISORY SERVICES, INC. 0.25% of their portfolio DALLAS, TX 471,389471.4k $20.3m $20.3m 0.25% Added +3.9k +3,915
11 JANICZEK WEALTH MANAGEMENT, LLC 5.44% of their portfolio DENVER, CO 443,905443.9k $19.2m $19.2m 5.44% Added +28.7k +28,678
12 Crumly & Associates Inc. 7.36% of their portfolio SPRINGFIELD, IL 392,855392.9k $17.0m $17.0m 7.36% Reduced -3.6k -3,557
13 InterOcean Capital Group, LLC 0.56% of their portfolio NASHVILLE, TN 386,230386.2k $16.7m $16.7m 0.56% Added +270.2k +270,194
14 AlphaCore Capital LLC 3.77% of their portfolio LA JOLLA, CA 329,772329.8k $14.2m $14.2m 3.77% New
15 Empire Financial Management Company, LLC 4.62% of their portfolio NEW YORK, NY 262,542262.5k $11.3m $11.3m 4.62% First filing
16 SimpliFi, Inc. 4.80% of their portfolio SAN DIEGO, CA 226,114226.1k $9.8m $9.8m 4.80% Reduced -2.5k -2,478
17 Oxbow Advisors, LLC 1.36% of their portfolio Austin, TX 176,331176.3k $7.6m $7.6m 1.36% Added +1.1k +1,094
18 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 154,261154.3k $6.7m $6.7m 0.03% Added +25.4k +25,441
19 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 145,085145.1k $6.3m $6.3m 0.00% Added +22.4k +22,406
20 CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio RALEIGH, NC 141,704141.7k $6.1m $6.1m 0.03% Reduced -119.4k -119,364
21 Gladstone Institutional Advisory LLC 0.35% of their portfolio Bedminster, NJ 126,692126.7k $5.5m $5.5m 0.35% Reduced -683 -683
22 Equitable Holdings, Inc. 0.08% of their portfolio NEW YORK, NY 117,555117.6k $5.1m $5.1m 0.08% Added +19.8k +19,819
23 LEVEL FOUR ADVISORY SERVICES, LLC 0.30% of their portfolio DALLAS, TX 104,962105.0k $4.5m $4.5m 0.30% Added +84.6k +84,608
24 FLAGSHIP HARBOR ADVISORS, LLC 0.41% of their portfolio BOSTON, MA 100,111100.1k $4.3m $4.3m 0.41% Added +21.6k +21,618
25 Orion Capital Management LLC 2.73% of their portfolio CORONADO, CA 94,08994.1k $4.1m $4.1m 2.73% Added +5.2k +5,162
26 Old Port Advisors 1.29% of their portfolio PORTLAND, ME 82,89082.9k $3.6m $3.6m 1.29% Added +27.2k +27,223
27 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 82,09082.1k $3.5m $3.5m 0.01% Added +20.9k +20,873
28 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 71,67571.7k $3.1m $3.1m 0.00% Reduced -33.5k -33,547
29 Apexium Financial, LP 0.27% of their portfolio Dallas, TX 62,67762.7k $2.7m $2.7m 0.27% Added +13.7k +13,727
30 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 58,53658.5k $2.5m $2.5m 0.01% Added +2.8k +2,787
31 Herold Advisors, Inc. 0.77% of their portfolio New York, NY 51,47151.5k $2.2m $2.2m 0.77% Added +584 +584
32 Cetera Advisors LLC 0.03% of their portfolio DENVER, CO 48,50148.5k $2.1m $2.1m 0.03% Added +1.4k +1,434
33 THOROUGHBRED FINANCIAL SERVICES, LLC 0.25% of their portfolio BRENTWOOD, TN 38,57438.6k $1.7m $1.7m 0.25% Added +12.7k +12,717
34 Advisory Services Network, LLC 0.04% of their portfolio ATLANTA, GA 36,44236.4k $1.6m $1.6m 0.04% Added +5.9k +5,863
35 MGO ONE SEVEN LLC 0.09% of their portfolio Beachwood, OH 34,36534.4k $1.5m $1.5m 0.09% Added +15.4k +15,425
36 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 28,12628.1k $1.2m $1.2m 0.01% Reduced -1.0k -1,013
37 Richard W. Paul & Associates, LLC 0.55% of their portfolio NOVI, MI 27,53527.5k $1.2m $1.2m 0.55% Reduced -544 -544
38 Darwin Wealth Management, LLC 0.30% of their portfolio TAMPA, FL 25,83125.8k $1.1m $1.1m 0.30% Reduced -11.8k -11,841
39 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 25,77425.8k $1.1m $1.1m 0.01% New
40 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 25,77425.8k $1.1m $1.1m 0.01% New
41 Ausdal Financial Partners, Inc. 0.15% of their portfolio Davenport, IA 25,73425.7k $1.1m $1.1m 0.15% Added +834 +834
42 Hutchens & Kramer Investment Management Group, LLC 0.90% of their portfolio CARMEL, IN 24,03624.0k $1.0m $1.0m 0.90% Reduced -16.5k -16,533
43 Rehmann Capital Advisory Group 0.10% of their portfolio LANSING, MI 23,98324.0k $1.0m $1.0m 0.10% Added +699 +699
44 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 17,66317.7k $762.2k $762.2k 0.01% Added +70 +70
45 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 17,20517.2k $742.4k $742.4k 0.00% Added +26 +26
46 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 17,09417.1k $737.6k $737.6k 0.01% Reduced -762 -762
47 Fermata Advisors, LLC 0.43% of their portfolio SONOMA, CA 16,64916.6k $718.4k $718.4k 0.43% Added +752 +752
48 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 13,63813.6k $334.2k $334.2k 0.01% Reduced -6.3k -6,303
49 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 13,36713.4k $577.0k $577.0k 0.00% Added +26 +26
50 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 11,28011.3k $486.7k $486.7k 0.00% Reduced -24.9k -24,904
51 WealthCare Investment Partners, LLC 0.29% of their portfolio PORTSMOUTH, RI 11,01611.0k $475.4k $475.4k 0.29% Added +34 +34
52 Tradition Wealth Management, LLC 0.06% of their portfolio EDINA, MN 10,60310.6k $458.0k $458.0k 0.06% New
53 Tidal Investments LLC 0.01% of their portfolio Milwaukee, WI 10,25010.2k $442.0k $442.0k 0.01% Added +4.9k +4,940
54 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 10,01010.0k $431.0k $431.0k 0.00% Added +4.1k +4,130
55 Total Clarity Wealth Management, Inc. 0.23% of their portfolio ST. CHARLES, IL 9,97110.0k $430.2k $430.2k 0.23% New
56 Csenge Advisory Group 0.02% of their portfolio CLEARWATER, FL 7,3377.3k $316.6k $316.6k 0.02% Added +92 +92
57 Certified Advisory Corp 0.05% of their portfolio ALTAMONTE SPRINGS, FL 6,7946.8k $293.1k $293.1k 0.05% New
58 Imprint Wealth LLC 0.19% of their portfolio MOUNT PLEASANT, SC 6,7666.8k $288.8k $288.8k 0.19% First filing
59 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 6,7206.7k $290.0k $290.0k 0.00% Unchanged
60 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 6,2426.2k $269.3k $269.3k 0.00% Reduced -560 -560
61 Belpointe Asset Management LLC 0.01% of their portfolio RENO, NV 5,5165.5k $238.0k $238.0k 0.01% Reduced -1.3k -1,346
62 DIVERSIFIED TRUST CO 0.01% of their portfolio MEMPHIS, TN 5,0005.0k $215.8k $215.8k 0.01% New
63 Meridian Financial Advisors, LLC 0.20% of their portfolio HOLLISTON, MA 4,7004.7k $202.8k $202.8k 0.20% New
64 Mendota Financial Group, LLC 0.16% of their portfolio MADISON, WI 3,5003.5k $155.8k $155.8k 0.16% Unchanged
65 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 3,2263.2k $139.2k $139.2k 0.01% Added +2.6k +2,582
66 Ameliora Wealth Management Ltd. 0.00% of their portfolio ZURICH, V8 2,3992.4k $1.0k $1.0k 0.00% New
67 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,2822.3k $98.5k $98.5k 0.00% Unchanged
68 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,2041.2k $52.0k $52.0k 0.00% Added +4 +4
69 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 661661 $28.5k $28.5k 0.00% Unchanged
70 Accel Wealth Management 0.00% of their portfolio WAVERLY, IA 264264 $11.4k $11.4k 0.00% Unchanged
71 Buck Wealth Strategies, LLC 0.00% of their portfolio DENVER, CO 140140 $6.0k $6.0k 0.00% First filing
72 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 110110 $4.7k $4.7k 0.00% New
73 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 100100 $4.3k $4.3k 0.00% Reduced -44 -44
74 City State Bank 0.00% of their portfolio NORWALK, IA 100100 $4.0k $4.0k 0.00% Unchanged
75 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 8686 $3.7k $3.7k 0.00% New
76 GHP Investment Advisors, Inc. 0.00% of their portfolio Denver, CO 6060 $2.6k $2.6k 0.00% Unchanged
77 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 00 $2 $2 0.00% Reduced -1 -1
78 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged