Vault-13

ETF SER SOLUTIONS DSTL

DISTILLATE US · ETP · CUSIP 26922A321

85 institutional holders +7 vs Q1 2023
18,205,76018.2m shares reported held*
$822.6mreported value*
9 new 43 added 20 reduced 3 sold out net bought ≈ $16.0m (+364.0k 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 ≈ $45.19.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 60Q4 22: 71Q1 23: 78Q2 23: 8585Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202260
Q4 202271
Q1 202378
Q2 202385

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 47 bought or addedQ4 22: 20 cut or sold outQ4 22Q1 23: 49 bought or addedQ1 23: 25 cut or sold outQ1 23Q2 23: 52 bought or addedQ2 23: 23 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20224720
Q1 20234925
Q2 20235223

Biggest buyers

SimpliFi, Inc. Added +221,157+221.2k
Raymond James Financial Services Advisors, Inc. New +190,852+190.9k
Carlson Capital Management Added +183,059+183.1k
LEVEL FOUR ADVISORY SERVICES, LLC Added +106,721+106.7k
IFP Advisors, Inc Added +58,390+58.4k
AlphaCore Capital LLC Added +52,480+52.5k
Abacus Planning Group, Inc. Added +52,407+52.4k
HighTower Advisors, LLC Added +40,823+40.8k
ENVESTNET ASSET MANAGEMENT INC Added +37,482+37.5k
STEEL GROVE CAPITAL ADVISORS, LLC Added +30,361+30.4k

Biggest sellers

Madison Asset Management, LLC Reduced -180,052-180.1k
InterOcean Capital Group, LLC Reduced -170,766-170.8k
RAYMOND JAMES & ASSOCIATES Reduced -145,313-145.3k
CAPTRUST FINANCIAL ADVISORS Reduced -91,540-91.5k
FLAGSHIP HARBOR ADVISORS, LLC Reduced -80,323-80.3k
Crumly & Associates Inc. Reduced -42,315-42.3k
Resonant Capital Advisors, LLC Reduced -40,815-40.8k
LPL Financial LLC Reduced -26,738-26.7k
STIFEL FINANCIAL CORP Reduced -25,716-25.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -11,280-11.3k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Carlson Capital Management 19.02% of their portfolio NORTHFIELD, MN 6,956,8407.0m $314.9m $314.9m 19.02% Added +183.1k +183,059
2 Abacus Planning Group, Inc. 11.26% of their portfolio COLUMBIA, SC 1,027,8751.0m $46.5m $46.5m 11.26% Added +52.4k +52,407
3 Madison Asset Management, LLC 0.67% of their portfolio MADISON, WI 1,014,2061.0m $45.9m $45.9m 0.67% Reduced -180.1k -180,052
4 Engrave Wealth Partners LLC 11.69% of their portfolio SPRING, TX 815,109815.1k $36.9m $36.9m 11.69% Added +618 +618
5 Resonant Capital Advisors, LLC 3.83% of their portfolio Madison, WI 778,972779.0k $35.3m $35.3m 3.83% Reduced -40.8k -40,815
6 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 687,521687.5k $31.1m $31.1m 0.02% Reduced -26.7k -26,738
7 STEEL GROVE CAPITAL ADVISORS, LLC 3.48% of their portfolio MEMPHIS, TN 611,192611.2k $27.7m $27.7m 3.48% Added +30.4k +30,361
8 SHUFRO ROSE & CO LLC 2.29% of their portfolio NEW YORK, NY 553,900553.9k $25.1m $25.1m 2.29% Added +12.5k +12,496
9 AVANTAX ADVISORY SERVICES, INC. 0.24% of their portfolio DALLAS, TX 468,783468.8k $21.2m $21.2m 0.24% Reduced -2.6k -2,606
10 JANICZEK WEALTH MANAGEMENT, LLC 5.70% of their portfolio DENVER, CO 458,121458.1k $20.7m $20.7m 5.70% Added +14.2k +14,216
11 SimpliFi, Inc. 9.57% of their portfolio SAN DIEGO, CA 447,271447.3k $20.2m $20.2m 9.57% Added +221.2k +221,157
12 AlphaCore Capital LLC 2.77% of their portfolio LA JOLLA, CA 382,252382.3k $17.3m $17.3m 2.77% Added +52.5k +52,480
13 Rockefeller Capital Management L.P. 0.06% of their portfolio NEW YORK, NY 357,367357.4k $15.5m $15.5m 0.06% First filing
14 Crumly & Associates Inc. 6.35% of their portfolio SPRINGFIELD, IL 350,540350.5k $15.9m $15.9m 6.35% Reduced -42.3k -42,315
15 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 332,207332.2k $15.0m $15.0m 0.01% Reduced -145.3k -145,313
16 Empire Financial Management Company, LLC 4.88% of their portfolio NEW YORK, NY 270,977271.0k $12.3m $12.3m 4.88% Added +8.4k +8,435
17 InterOcean Capital Group, LLC 0.31% of their portfolio NASHVILLE, TN 215,464215.5k $9.8m $9.8m 0.31% Reduced -170.8k -170,766
18 LEVEL FOUR ADVISORY SERVICES, LLC 0.58% of their portfolio DALLAS, TX 211,683211.7k $9.6m $9.6m 0.58% Added +106.7k +106,721
19 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 190,852190.9k $8.6m $8.6m 0.02% New
20 Oxbow Advisors, LLC 1.33% of their portfolio Austin, TX 187,564187.6k $8.5m $8.5m 1.33% Added +11.2k +11,233
21 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 182,567182.6k $8.3m $8.3m 0.00% Added +37.5k +37,482
22 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 162,760162.8k $7.4m $7.4m 0.03% Added +8.5k +8,499
23 Gladstone Institutional Advisory LLC 0.35% of their portfolio Bedminster, NJ 126,264126.3k $5.7m $5.7m 0.35% Reduced -428 -428
24 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 122,913122.9k $5.6m $5.6m 0.01% Added +40.8k +40,823
25 Equitable Holdings, Inc. 0.08% of their portfolio NEW YORK, NY 120,339120.3k $5.4m $5.4m 0.08% Added +2.8k +2,784
26 Orion Capital Management LLC 2.90% of their portfolio CORONADO, CA 97,05497.1k $4.4m $4.4m 2.90% Added +3.0k +2,965
27 Apexium Financial, LP 0.32% of their portfolio Dallas, TX 79,14979.1k $3.6m $3.6m 0.32% Added +16.5k +16,472
28 Cetera Advisors LLC 0.05% of their portfolio DENVER, CO 76,65876.7k $3.5m $3.5m 0.05% Added +28.2k +28,157
29 Herold Advisors, Inc. 1.01% of their portfolio New York, NY 73,05273.1k $3.3m $3.3m 1.01% Added +21.6k +21,581
30 IFP Advisors, Inc 0.06% of their portfolio TAMPA, FL 72,02872.0k $2.5m $2.5m 0.06% Added +58.4k +58,390
31 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 60,67160.7k $2.7m $2.7m 0.01% Added +2.1k +2,135
32 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 50,16450.2k $2.3m $2.3m 0.01% Reduced -91.5k -91,540
33 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 45,95946.0k $2.1m $2.1m 0.00% Reduced -25.7k -25,716
34 MGO ONE SEVEN LLC 0.18% of their portfolio Beachwood, OH 42,94542.9k $1.9m $1.9m 0.18% Added +8.6k +8,580
35 THOROUGHBRED FINANCIAL SERVICES, LLC 0.24% of their portfolio BRENTWOOD, TN 40,71940.7k $1.8m $1.8m 0.24% Added +2.1k +2,145
36 Advisory Services Network, LLC 0.05% of their portfolio ATLANTA, GA 40,34840.3k $1.8m $1.8m 0.05% Added +3.9k +3,906
37 Fermata Advisors, LLC 1.21% of their portfolio SONOMA, CA 29,65829.7k $1.3m $1.3m 1.21% Added +13.0k +13,009
38 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 29,13729.1k $1.3m $1.3m 0.01% Added +1.0k +1,011
39 Richard W. Paul & Associates, LLC 0.54% of their portfolio NOVI, MI 27,48827.5k $1.2m $1.2m 0.54% Reduced -47 -47
40 Ausdal Financial Partners, Inc. 0.17% of their portfolio Davenport, IA 27,26527.3k $1.2m $1.2m 0.17% Added +1.5k +1,531
41 Rehmann Capital Advisory Group 0.11% of their portfolio LANSING, MI 26,46726.5k $1.2m $1.2m 0.11% Added +2.5k +2,484
42 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 25,77425.8k $1.2m $1.2m 0.01% Unchanged
43 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 25,77425.8k $1.2m $1.2m 0.01% Unchanged
44 Hutchens & Kramer Investment Management Group, LLC 0.87% of their portfolio CARMEL, IN 24,08924.1k $1.1m $1.1m 0.87% Added +53 +53
45 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 23,30123.3k $1.1m $1.1m 0.01% Added +5.6k +5,638
46 Darwin Wealth Management, LLC 0.26% of their portfolio TAMPA, FL 22,60222.6k $1.0m $1.0m 0.26% Reduced -3.2k -3,229
47 FLAGSHIP HARBOR ADVISORS, LLC 0.07% of their portfolio BOSTON, MA 19,78819.8k $895.7k $895.7k 0.07% Reduced -80.3k -80,323
48 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 19,55119.6k $885.0k $885.0k 0.00% New
49 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 17,21617.2k $779.3k $779.3k 0.00% Added +11 +11
50 Ameliora Wealth Management Ltd. 0.45% of their portfolio ZURICH, V8 16,05916.1k $726.9k $726.9k 0.45% Added +13.7k +13,660
51 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 15,75815.8k $713.3k $713.3k 0.01% Reduced -1.3k -1,336
52 Csenge Advisory Group 0.03% of their portfolio CLEARWATER, FL 11,34111.3k $513.4k $513.4k 0.03% Added +4.0k +4,004
53 WealthCare Investment Partners, LLC 0.30% of their portfolio PORTSMOUTH, RI 11,05411.1k $498.2k $498.2k 0.30% Added +38 +38
54 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 10,66610.7k $483.0k $483.0k 0.00% Added +656 +656
55 Tradition Wealth Management, LLC 0.05% of their portfolio EDINA, MN 10,28810.3k $466.0k $466.0k 0.05% Reduced -315 -315
56 Total Clarity Wealth Management, Inc. 0.22% of their portfolio ST. CHARLES, IL 9,97510.0k $451.5k $451.5k 0.22% Added +4 +4
57 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 9,8669.9k $447.0k $447.0k 0.00% Reduced -3.5k -3,501
58 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 8,9529.0k $405.2k $405.2k 0.00% Added +2.7k +2,710
59 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 8,7078.7k $394.1k $394.1k 0.02% Added +5.5k +5,481
60 AXXCESS WEALTH MANAGEMENT, LLC 0.03% of their portfolio CARLSBAD, CA 8,6518.7k $391.6k $391.6k 0.03% New
61 Imprint Wealth LLC 0.21% of their portfolio MOUNT PLEASANT, SC 7,1617.2k $332.6k $332.6k 0.21% Added +395 +395
62 Certified Advisory Corp 0.06% of their portfolio ALTAMONTE SPRINGS, FL 6,7946.8k $307.5k $307.5k 0.06% Unchanged
63 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 5,9676.0k $270.1k $270.1k 0.00% Reduced -753 -753
64 Fortune Financial Advisors, LLC 0.20% of their portfolio Overland Park, KS 5,9536.0k $269.5k $269.5k 0.20% First filing
65 Tidal Investments LLC 0.01% of their portfolio Milwaukee, WI 5,1065.1k $231.0k $231.0k 0.01% Reduced -5.1k -5,144
66 DIVERSIFIED TRUST CO 0.01% of their portfolio MEMPHIS, TN 5,0005.0k $226.3k $226.3k 0.01% Unchanged
67 Meridian Financial Advisors, LLC 0.20% of their portfolio HOLLISTON, MA 5,0005.0k $226.3k $226.3k 0.20% Added +300 +300
68 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 4,4374.4k $200.8k $200.8k 0.00% New
69 Mendota Financial Group, LLC 0.18% of their portfolio MADISON, WI 3,5003.5k $158.4k $158.4k 0.18% Unchanged
70 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,7791.8k $80.5k $80.5k 0.00% Reduced -503 -503
71 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,2081.2k $55.0k $55.0k 0.00% Added +4 +4
72 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 600600 $27.2k $27.2k 0.00% Added +514 +514
73 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 378378 $17.1k $17.1k 0.00% Reduced -283 -283
74 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 332332 $15.0k $15.0k 0.00% New
75 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 182182 $8.2k $8.2k 0.00% New
76 Buck Wealth Strategies, LLC 0.00% of their portfolio DENVER, CO 140140 $6.3k $6.3k 0.00% Unchanged
77 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 110110 $5.0k $5.0k 0.00% Unchanged
78 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 100100 $4.5k $4.5k 0.00% Unchanged
79 City State Bank 0.00% of their portfolio NORWALK, IA 100100 $5.0k $5.0k 0.00% Unchanged
80 FMR LLC 0.00% of their portfolio BOSTON, MA 7676 $3.4k $3.4k 0.00% New
81 UBS Group AG 0.00% of their portfolio ZURICH, V8 6363 $2.9k $2.9k 0.00% New
82 GHP Investment Advisors, Inc. 0.00% of their portfolio Denver, CO 6060 $2.8k $2.8k 0.00% Unchanged
83 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $37 $37 0.00% Added +1 +1
84 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged
85 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 00 $15 $15 0.00% New