Vault-13

ETF SER SOLUTIONS DSTL

DISTILLATE US · ETP · CUSIP 26922A321

100 institutional holders +15 vs Q2 2023
22,822,24422.8m shares reported held*
$1.0bnreported value*
17 new 47 added 20 reduced 5 sold out net bought ≈ $201.5m (+4.5m 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 ≈ $44.64.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 60Q4 22: 71Q1 23: 78Q2 23: 85Q3 23: 100100Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 202260
Q4 202271
Q1 202378
Q2 202385
Q3 2023100

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 23Q3 23: 64 bought or addedQ3 23: 25 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20224720
Q1 20234925
Q2 20235223
Q3 20236425

Biggest buyers

OXFORD FINANCIAL GROUP, LTD. LLC New +1,634,108+1.6m
Allen Capital Group, LLC New +603,173+603.2k
ODonnell Financial Services, LLC New +490,204+490.2k
Madison Asset Management, LLC Added +453,139+453.1k
Arlington Financial Advisors, LLC New +411,087+411.1k
LPL Financial LLC Added +216,029+216.0k
Financial Enhancement Group LLC New +113,699+113.7k
Perritt Capital Management Inc New +98,743+98.7k
Abacus Planning Group, Inc. Added +86,269+86.3k
Carlson Capital Management Added +64,702+64.7k

Biggest sellers

SimpliFi, Inc. Reduced -24,264-24.3k
IFP Advisors, Inc Reduced -23,899-23.9k
Cerity Partners LLC Sold out -17,216-17.2k
InterOcean Capital Group, LLC Reduced -14,338-14.3k
FLAGSHIP HARBOR ADVISORS, LLC Reduced -10,853-10.9k
ROYAL BANK OF CANADA Reduced -10,350-10.3k
JPMORGAN CHASE & CO Reduced -8,921-8.9k
LEVEL FOUR ADVISORY SERVICES, LLC Reduced -7,308-7.3k
ENVESTNET ASSET MANAGEMENT INC Reduced -6,660-6.7k
STIFEL FINANCIAL CORP Reduced -6,209-6.2k

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Carlson Capital Management 18.58% of their portfolio NORTHFIELD, MN 7,021,5427.0m $313.4m $313.4m 18.58% Added +64.7k +64,702
2 OXFORD FINANCIAL GROUP, LTD. LLC 6.36% of their portfolio INDIANAPOLIS, IN 1,634,1081.6m $72.9m $72.9m 6.36% New
3 Madison Asset Management, LLC 0.96% of their portfolio MADISON, WI 1,467,3451.5m $65.5m $65.5m 0.96% Added +453.1k +453,139
4 Abacus Planning Group, Inc. 12.10% of their portfolio COLUMBIA, SC 1,114,1441.1m $49.7m $49.7m 12.10% Added +86.3k +86,269
5 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 903,550903.5k $40.3m $40.3m 0.03% Added +216.0k +216,029
6 Engrave Wealth Partners LLC 11.30% of their portfolio SPRING, TX 823,481823.5k $36.8m $36.8m 11.30% Added +8.4k +8,372
7 Resonant Capital Advisors, LLC 3.71% of their portfolio Madison, WI 779,784779.8k $34.8m $34.8m 3.71% Added +812 +812
8 STEEL GROVE CAPITAL ADVISORS, LLC 3.90% of their portfolio MEMPHIS, TN 654,588654.6k $29.2m $29.2m 3.90% Added +43.4k +43,396
9 SHUFRO ROSE & CO LLC 2.56% of their portfolio NEW YORK, NY 604,745604.7k $27.0m $27.0m 2.56% Added +50.8k +50,845
10 Allen Capital Group, LLC 4.95% of their portfolio GRAND ISLAND, NE 603,173603.2k $26.8m $26.8m 4.95% New
11 ODonnell Financial Services, LLC 12.17% of their portfolio SAN RAFAEL, CA 490,204490.2k $21.9m $21.9m 12.17% New
12 JANICZEK WEALTH MANAGEMENT, LLC 5.65% of their portfolio DENVER, CO 479,933479.9k $21.4m $21.4m 5.65% Added +21.8k +21,812
13 AVANTAX ADVISORY SERVICES, INC. 0.24% of their portfolio DALLAS, TX 470,709470.7k $21.0m $21.0m 0.24% Added +1.9k +1,926
14 AlphaCore Capital LLC 3.06% of their portfolio LA JOLLA, CA 434,411434.4k $19.4m $19.4m 3.06% Added +52.2k +52,159
15 SimpliFi, Inc. 9.31% of their portfolio SAN DIEGO, CA 423,007423.0k $18.9m $18.9m 9.31% Reduced -24.3k -24,264
16 Arlington Financial Advisors, LLC 6.50% of their portfolio SANTA BARBARA, CA 411,087411.1k $18.4m $18.4m 6.50% New
17 Rockefeller Capital Management L.P. 0.06% of their portfolio NEW YORK, NY 368,483368.5k $16.5m $16.5m 0.06% Added +11.1k +11,116
18 Crumly & Associates Inc. 6.37% of their portfolio SPRINGFIELD, IL 363,209363.2k $16.2m $16.2m 6.37% Added +12.7k +12,669
19 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 355,029355.0k $15.8m $15.8m 0.01% Added +22.8k +22,822
20 Empire Financial Management Company, LLC 5.21% of their portfolio NEW YORK, NY 267,902267.9k $12.0m $12.0m 5.21% Reduced -3.1k -3,075
21 LEVEL FOUR ADVISORY SERVICES, LLC 0.59% of their portfolio DALLAS, TX 204,375204.4k $9.1m $9.1m 0.59% Reduced -7.3k -7,308
22 InterOcean Capital Group, LLC 0.27% of their portfolio NASHVILLE, TN 201,126201.1k $9.0m $9.0m 0.27% Reduced -14.3k -14,338
23 Oxbow Advisors, LLC 1.37% of their portfolio Austin, TX 194,520194.5k $8.7m $8.7m 1.37% Added +7.0k +6,956
24 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 188,006188.0k $8.4m $8.4m 0.02% Reduced -2.8k -2,846
25 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 175,907175.9k $7.9m $7.9m 0.00% Reduced -6.7k -6,660
26 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 169,243169.2k $7.6m $7.6m 0.04% Added +6.5k +6,483
27 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 137,174137.2k $6.1m $6.1m 0.01% Added +14.3k +14,261
28 Gladstone Institutional Advisory LLC 0.38% of their portfolio Bedminster, NJ 131,849131.8k $5.9m $5.9m 0.38% Added +5.6k +5,585
29 Equitable Holdings, Inc. 0.08% of their portfolio NEW YORK, NY 125,092125.1k $5.6m $5.6m 0.08% Added +4.8k +4,753
30 Financial Enhancement Group LLC 0.99% of their portfolio ANDERSON, IN 113,699113.7k $5.2m $5.2m 0.99% New
31 Orion Capital Management LLC 3.03% of their portfolio CORONADO, CA 104,376104.4k $4.7m $4.7m 3.03% Added +7.3k +7,322
32 Old Port Advisors 1.66% of their portfolio PORTLAND, ME 102,722102.7k $4.6m $4.6m 1.66% First filing
33 Apexium Financial, LP 0.44% of their portfolio Dallas, TX 99,38899.4k $4.4m $4.4m 0.44% Added +20.2k +20,239
34 Perritt Capital Management Inc 2.55% of their portfolio Chicago, IL 98,74398.7k $4.4m $4.4m 2.55% New
35 Cetera Advisors LLC 0.05% of their portfolio DENVER, CO 77,26377.3k $3.4m $3.4m 0.05% Added +605 +605
36 Herold Advisors, Inc. 1.02% of their portfolio New York, NY 75,10575.1k $3.4m $3.4m 1.02% Added +2.1k +2,053
37 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 68,89568.9k $3.1m $3.1m 0.01% Added +8.2k +8,224
38 MGO ONE SEVEN LLC 0.20% of their portfolio Beachwood, OH 57,82057.8k $2.6m $2.6m 0.20% Added +14.9k +14,875
39 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 52,82352.8k $2.4m $2.4m 0.00% New
40 IFP Advisors, Inc 0.10% of their portfolio TAMPA, FL 48,12948.1k $2.1m $2.1m 0.10% Reduced -23.9k -23,899
41 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 47,74747.7k $2.1m $2.1m 0.01% Reduced -2.4k -2,417
42 THOROUGHBRED FINANCIAL SERVICES, LLC 0.20% of their portfolio BRENTWOOD, TN 46,36946.4k $2.1m $2.1m 0.20% Added +5.7k +5,650
43 Advisory Services Network, LLC 0.05% of their portfolio ATLANTA, GA 44,46844.5k $2.0m $2.0m 0.05% Added +4.1k +4,120
44 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 39,75039.8k $1.8m $1.8m 0.00% Reduced -6.2k -6,209
45 Fermata Advisors, LLC 0.42% of their portfolio SONOMA, CA 33,17133.2k $1.5m $1.5m 0.42% Added +3.5k +3,513
46 Ausdal Financial Partners, Inc. 0.20% of their portfolio Davenport, IA 33,13433.1k $1.5m $1.5m 0.20% Added +5.9k +5,869
47 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 28,46128.5k $1.3m $1.3m 0.01% Reduced -676 -676
48 Richard W. Paul & Associates, LLC 0.57% of their portfolio NOVI, MI 28,08528.1k $1.3m $1.3m 0.57% Added +597 +597
49 Hilltop Holdings Inc. 0.15% of their portfolio DALLAS, TX 27,32627.3k $1.2m $1.2m 0.15% New
50 Rehmann Capital Advisory Group 0.11% of their portfolio LANSING, MI 26,74926.7k $1.2m $1.2m 0.11% Added +282 +282
51 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 25,77425.8k $1.2m $1.2m 0.01% Unchanged
52 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 25,77425.8k $1.2m $1.2m 0.01% Unchanged
53 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 22,60122.6k $1.0m $1.0m 0.01% Reduced -700 -700
54 Hutchens & Kramer Investment Management Group, LLC 0.80% of their portfolio CARMEL, IN 22,57522.6k $1.0m $1.0m 0.80% Reduced -1.5k -1,514
55 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 22,14622.1k $988.6k $988.6k 0.00% Added +13.2k +13,194
56 Darwin Wealth Management, LLC 0.26% of their portfolio TAMPA, FL 21,93721.9k $979.3k $979.3k 0.26% Reduced -665 -665
57 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 21,30321.3k $951.0k $951.0k 0.01% Added +5.5k +5,545
58 Total Clarity Wealth Management, Inc. 0.41% of their portfolio ST. CHARLES, IL 18,90218.9k $843.8k $843.8k 0.41% Added +8.9k +8,927
59 Ameliora Wealth Management Ltd. 0.46% of their portfolio ZURICH, V8 17,19217.2k $767.5k $767.5k 0.46% Added +1.1k +1,133
60 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 15,88315.9k $709.0k $709.0k 0.00% First filing
61 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 12,44112.4k $555.0k $555.0k 0.00% Added +2.6k +2,575
62 Csenge Advisory Group 0.04% of their portfolio CLEARWATER, FL 11,89111.9k $530.8k $530.8k 0.04% Added +550 +550
63 WealthCare Investment Partners, LLC 0.30% of their portfolio PORTSMOUTH, RI 11,08911.1k $492.8k $492.8k 0.30% Added +35 +35
64 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 10,63010.6k $474.5k $474.5k 0.00% Reduced -8.9k -8,921
65 Stonebridge Financial Planning Group, LLC 0.30% of their portfolio ORLANDO, FL 10,44510.4k $466.3k $466.3k 0.30% New
66 Tradition Wealth Management, LLC 0.06% of their portfolio EDINA, MN 10,37210.4k $463.0k $463.0k 0.06% Added +84 +84
67 AXXCESS WEALTH MANAGEMENT, LLC 0.01% of their portfolio CARLSBAD, CA 9,6469.6k $430.6k $430.6k 0.01% Added +995 +995
68 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 9,2509.2k $412.9k $412.9k 0.02% Added +543 +543
69 FLAGSHIP HARBOR ADVISORS, LLC 0.03% of their portfolio BOSTON, MA 8,9358.9k $398.8k $398.8k 0.03% Reduced -10.9k -10,853
70 PFG Investments, LLC 0.06% of their portfolio WOODBURY, NY 7,1767.2k $320.4k $320.4k 0.06% New
71 Anchor Investment Management, LLC 0.04% of their portfolio COLUMBIA, SC 7,1647.2k $319.8k $319.8k 0.04% New
72 Fortune Financial Advisors, LLC 0.24% of their portfolio Overland Park, KS 6,9046.9k $308.2k $308.2k 0.24% Added +951 +951
73 Certified Advisory Corp 0.06% of their portfolio ALTAMONTE SPRINGS, FL 6,7946.8k $303.3k $303.3k 0.06% Unchanged
74 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 5,9676.0k $266.4k $266.4k 0.00% Unchanged
75 Meridian Financial Advisors, LLC 0.23% of their portfolio HOLLISTON, MA 5,5005.5k $245.5k $245.5k 0.23% Added +500 +500
76 Tidal Investments LLC 0.01% of their portfolio Milwaukee, WI 5,0545.1k $225.6k $225.6k 0.01% Reduced -52 -52
77 Imprint Wealth LLC 0.18% of their portfolio MOUNT PLEASANT, SC 4,8044.8k $214.5k $214.5k 0.18% Reduced -2.4k -2,357
78 Mendota Financial Group, LLC 0.16% of their portfolio MADISON, WI 3,5003.5k $156.2k $156.2k 0.16% Unchanged
79 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,6302.6k $117.4k $117.4k 0.00% Added +851 +851
80 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 947947 $42.3k $42.3k 0.00% Added +569 +569
81 Hibernia Wealth Partners, LLC 0.03% of their portfolio BATON ROUGE, LA 831831 $37.1k $37.1k 0.03% First filing
82 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 646646 $28.8k $28.8k 0.00% New
83 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 600600 $26.8k $26.8k 0.00% Unchanged
84 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 572572 $25.5k $25.5k 0.00% New
85 UBS Group AG 0.00% of their portfolio ZURICH, V8 514514 $22.9k $22.9k 0.00% Added +451 +451
86 FinTrust Capital Advisors, LLC 0.00% of their portfolio Greenville, SC 402402 $17.9k $17.9k 0.00% New
87 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 332332 $14.8k $14.8k 0.00% Unchanged
88 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 316316 $14.0k $14.0k 0.00% Reduced -10.3k -10,350
89 Penserra Capital Management LLC 0.00% of their portfolio ORINDA, CA 160160 $7.0k $7.0k 0.00% New
90 Buck Wealth Strategies, LLC 0.00% of their portfolio DENVER, CO 140140 $6.2k $6.2k 0.00% Unchanged
91 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 128128 $5.7k $5.7k 0.00% Added +18 +18
92 CAROLINAS WEALTH CONSULTING LLC 0.00% of their portfolio CHARLOTTE, NC 102102 $4.4k $4.4k 0.00% New
93 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 100100 $4.5k $4.5k 0.00% Unchanged
94 FMR LLC 0.00% of their portfolio BOSTON, MA 7676 $3.4k $3.4k 0.00% Unchanged
95 GHP Investment Advisors, Inc. 0.00% of their portfolio Denver, CO 6060 $2.7k $2.7k 0.00% Unchanged
96 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 5454 $2.4k $2.4k 0.00% Reduced -128 -128
97 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 3636 $1.7k $1.7k 0.00% New
98 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 00 $21 $21 0.00% Reduced -1 -1
99 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged
100 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 00 $15 $15 0.00% Unchanged