Vault-13

ETF SER SOLUTIONS DSTL

DISTILLATE US · ETP · CUSIP 26922A321

109 institutional holders +9 vs Q3 2023
25,099,17225.1m shares reported held*
$1.2bnreported value*
14 new 53 added 25 reduced 10 sold out net bought ≈ $106.8m (+2.2m 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 ≈ $49.17.

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 60Q4 22: 71Q1 23: 78Q2 23: 85Q3 23: 100Q4 23: 109109Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 202260
Q4 202271
Q1 202378
Q2 202385
Q3 2023100
Q4 2023109

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 23Q4 23: 67 bought or addedQ4 23: 35 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20224720
Q1 20234925
Q2 20235223
Q3 20236425
Q4 20236735

Biggest buyers

ROYAL BANK OF CANADA Added +356,432+356.4k
AlphaCore Capital LLC Added +328,980+329.0k
Sage Advisory Services, Ltd.Co. New +274,639+274.6k
ODonnell Financial Services, LLC Added +219,132+219.1k
Bank of New York Mellon Corp New +208,447+208.4k
COMERICA BANK New +168,448+168.4k
Carlson Capital Management Added +135,003+135.0k
Abacus Planning Group, Inc. Added +100,355+100.4k
WELLS FARGO & COMPANY/MN Added +64,861+64.9k
ENVESTNET ASSET MANAGEMENT INC Added +54,842+54.8k

Biggest sellers

Madison Asset Management, LLC Reduced -111,544-111.5k
Arlington Financial Advisors, LLC Reduced -56,398-56.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -47,649-47.6k
Orion Porfolio Solutions, LLC Sold out -25,774-25.8k
Orion Portfolio Solutions, LLC Sold out -25,774-25.8k
CITADEL ADVISORS LLC Sold out -22,146-22.1k
Oxbow Advisors, LLC Reduced -10,554-10.6k
SHUFRO ROSE & CO LLC Reduced -5,896-5.9k
Crumly & Associates Inc. Reduced -5,480-5.5k
Imprint Wealth LLC Sold out -4,804-4.8k

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Carlson Capital Management 18.13% of their portfolio NORTHFIELD, MN 7,156,5457.2m $353.3m $353.3m 18.13% Added +135.0k +135,003
2 OXFORD FINANCIAL GROUP, LTD. LLC 6.16% of their portfolio INDIANAPOLIS, IN 1,686,8531.7m $83.3m $83.3m 6.16% Added +52.7k +52,745
3 Madison Asset Management, LLC 0.91% of their portfolio MADISON, WI 1,355,8011.4m $66.9m $66.9m 0.91% Reduced -111.5k -111,544
4 Abacus Planning Group, Inc. 12.64% of their portfolio COLUMBIA, SC 1,214,4991.2m $60.0m $60.0m 12.64% Added +100.4k +100,355
5 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 900,701900.7k $44.5m $44.5m 0.03% Reduced -2.8k -2,849
6 Engrave Wealth Partners LLC 11.80% of their portfolio SPRING, TX 837,174837.2k $41.3m $41.3m 11.80% Added +13.7k +13,693
7 Resonant Capital Advisors, LLC 3.83% of their portfolio Madison, WI 801,847801.8k $39.6m $39.6m 3.83% Added +22.1k +22,063
8 AlphaCore Capital LLC 5.52% of their portfolio LA JOLLA, CA 763,391763.4k $37.7m $37.7m 5.52% Added +329.0k +328,980
9 ODonnell Financial Services, LLC 17.55% of their portfolio SAN RAFAEL, CA 709,336709.3k $35.0m $35.0m 17.55% Added +219.1k +219,132
10 STEEL GROVE CAPITAL ADVISORS, LLC 4.35% of their portfolio MEMPHIS, TN 652,866652.9k $32.2m $32.2m 4.35% Reduced -1.7k -1,722
11 Allen Capital Group, LLC 4.97% of their portfolio GRAND ISLAND, NE 608,262608.3k $30.0m $30.0m 4.97% Added +5.1k +5,089
12 SHUFRO ROSE & CO LLC 2.55% of their portfolio NEW YORK, NY 598,849598.8k $26.7m $26.7m 2.55% Reduced -5.9k -5,896
13 JANICZEK WEALTH MANAGEMENT, LLC 6.16% of their portfolio DENVER, CO 517,124517.1k $25.5m $25.5m 6.16% Added +37.2k +37,191
14 AVANTAX ADVISORY SERVICES, INC. 0.24% of their portfolio DALLAS, TX 491,179491.2k $24.2m $24.2m 0.24% Added +20.5k +20,470
15 SimpliFi, Inc. 9.30% of their portfolio SAN DIEGO, CA 423,007423.0k $18.9m $18.9m 9.30% Unchanged
16 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 407,426407.4k $20.1m $20.1m 0.02% Added +52.4k +52,397
17 Rockefeller Capital Management L.P. 0.07% of their portfolio NEW YORK, NY 407,418407.4k $20.1m $20.1m 0.07% Added +38.9k +38,935
18 Crumly & Associates Inc. 5.14% of their portfolio SPRINGFIELD, IL 357,729357.7k $17.7m $17.7m 5.14% Reduced -5.5k -5,480
19 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 356,748356.7k $17.6m $17.6m 0.00% Added +356.4k +356,432
20 Arlington Financial Advisors, LLC 5.23% of their portfolio SANTA BARBARA, CA 354,689354.7k $17.5m $17.5m 5.23% Reduced -56.4k -56,398
21 Sage Advisory Services, Ltd.Co. 3.63% of their portfolio AUSTIN, TX 274,639274.6k $13.6m $13.6m 3.63% New
22 Empire Financial Management Company, LLC 5.11% of their portfolio NEW YORK, NY 264,600264.6k $13.1m $13.1m 5.11% Reduced -3.3k -3,302
23 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 230,749230.7k $11.4m $11.4m 0.00% Added +54.8k +54,842
24 InterOcean Capital Group, LLC 0.29% of their portfolio NASHVILLE, TN 219,117219.1k $10.8m $10.8m 0.29% Added +18.0k +17,991
25 LEVEL FOUR ADVISORY SERVICES, LLC 0.59% of their portfolio DALLAS, TX 212,213212.2k $10.5m $10.5m 0.59% Added +7.8k +7,838
26 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 208,447208.4k $10.3m $10.3m 0.00% New
27 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 202,694202.7k $10.0m $10.0m 0.04% Added +33.5k +33,451
28 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 188,323188.3k $9.3m $9.3m 0.02% Added +317 +317
29 Oxbow Advisors, LLC 1.38% of their portfolio Austin, TX 183,966184.0k $9.1m $9.1m 1.38% Reduced -10.6k -10,554
30 COMERICA BANK 0.04% of their portfolio DALLAS, TX 168,448168.4k $8.3m $8.3m 0.04% New
31 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 155,965156.0k $7.7m $7.7m 0.01% Added +18.8k +18,791
32 Equitable Holdings, Inc. 0.08% of their portfolio NEW YORK, NY 136,749136.7k $6.8m $6.8m 0.08% Added +11.7k +11,657
33 Gladstone Institutional Advisory LLC 0.37% of their portfolio Bedminster, NJ 131,972132.0k $6.5m $6.5m 0.37% Added +123 +123
34 Apexium Financial, LP 0.44% of their portfolio Dallas, TX 123,954124.0k $6.1m $6.1m 0.44% Added +24.6k +24,566
35 Financial Enhancement Group LLC 1.01% of their portfolio ANDERSON, IN 117,469117.5k $5.7m $5.7m 1.01% Added +3.8k +3,770
36 Old Port Advisors 1.89% of their portfolio PORTLAND, ME 115,242115.2k $5.7m $5.7m 1.89% Added +12.5k +12,520
37 Orion Capital Management LLC 3.25% of their portfolio CORONADO, CA 111,875111.9k $5.5m $5.5m 3.25% Added +7.5k +7,499
38 Perritt Capital Management Inc 2.92% of their portfolio Chicago, IL 105,898105.9k $5.2m $5.2m 2.92% Added +7.2k +7,155
39 Herold Advisors, Inc. 1.11% of their portfolio New York, NY 81,00381.0k $4.0m $4.0m 1.11% Added +5.9k +5,898
40 Cetera Advisors LLC 0.05% of their portfolio DENVER, CO 80,28680.3k $4.0m $4.0m 0.05% Added +3.0k +3,023
41 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 78,22578.2k $3.9m $3.9m 0.01% Added +9.3k +9,330
42 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 64,86164.9k $3.2m $3.2m 0.00% Added +64.9k +64,861
43 MGO ONE SEVEN LLC 0.17% of their portfolio Beachwood, OH 57,70157.7k $2.8m $2.8m 0.17% Reduced -119 -119
44 IFP Advisors, Inc 0.12% of their portfolio TAMPA, FL 49,69549.7k $2.5m $2.5m 0.12% Added +1.6k +1,566
45 Clayton Financial Group LLC 1.48% of their portfolio ST. LOUIS, MO 48,24748.2k $2.4m $2.4m 1.48% First filing
46 THOROUGHBRED FINANCIAL SERVICES, LLC 0.19% of their portfolio BRENTWOOD, TN 47,54747.5k $2.3m $2.3m 0.19% Added +1.2k +1,178
47 FDx Advisors, Inc. 0.18% of their portfolio BERWYN, PA 46,70546.7k $2.3m $2.3m 0.18% New
48 Advisory Services Network, LLC 0.06% of their portfolio ATLANTA, GA 45,78145.8k $2.3m $2.3m 0.06% Added +1.3k +1,313
49 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 44,98645.0k $2.2m $2.2m 0.01% Reduced -2.8k -2,761
50 Ausdal Financial Partners, Inc. 0.23% of their portfolio Davenport, IA 37,35137.4k $1.8m $1.8m 0.23% Added +4.2k +4,217
51 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 36,66836.7k $1.8m $1.8m 0.00% Added +26.0k +26,038
52 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 36,59436.6k $1.8m $1.8m 0.00% Reduced -3.2k -3,156
53 Fermata Advisors, LLC 0.43% of their portfolio SONOMA, CA 36,44136.4k $1.8m $1.8m 0.43% Added +3.3k +3,270
54 SAPIENT CAPITAL LLC 0.04% of their portfolio INDIANAPOLIS, IN 31,95932.0k $1.6m $1.6m 0.04% First filing
55 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 29,46529.5k $1.5m $1.5m 0.01% Added +1.0k +1,004
56 Hilltop Holdings Inc. 0.16% of their portfolio DALLAS, TX 29,10229.1k $1.4m $1.4m 0.16% Added +1.8k +1,776
57 Richard W. Paul & Associates, LLC 0.59% of their portfolio NOVI, MI 28,44628.4k $1.4m $1.4m 0.59% Added +361 +361
58 Aspect Partners, LLC 0.87% of their portfolio FAIRFAX, VA 27,43427.4k $1.4m $1.4m 0.87% First filing
59 Hutchens & Kramer Investment Management Group, LLC 0.88% of their portfolio CARMEL, IN 25,22625.2k $1.2m $1.2m 0.88% Added +2.7k +2,651
60 Rehmann Capital Advisory Group 0.10% of their portfolio LANSING, MI 24,49124.5k $1.2m $1.2m 0.10% Reduced -2.3k -2,258
61 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 23,81623.8k $1.2m $1.2m 0.01% Added +2.5k +2,513
62 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 22,40322.4k $1.1m $1.1m 0.01% Reduced -198 -198
63 AVALON CAPITAL MANAGEMENT 0.46% of their portfolio Port Of Redwood City, CA 22,36622.4k $1.1m $1.1m 0.46% New
64 Total Clarity Wealth Management, Inc. 0.39% of their portfolio ST. CHARLES, IL 19,12919.1k $944.4k $944.4k 0.39% Added +227 +227
65 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 18,99919.0k $938.0k $938.0k 0.00% Added +3.1k +3,116
66 Darwin Wealth Management, LLC 0.24% of their portfolio TAMPA, FL 18,00018.0k $888.7k $888.7k 0.24% Reduced -3.9k -3,937
67 Stonebridge Financial Planning Group, LLC 0.50% of their portfolio ORLANDO, FL 17,67117.7k $872.4k $872.4k 0.50% Added +7.2k +7,226
68 Ameliora Wealth Management Ltd. 0.34% of their portfolio ZURICH, V8 13,85813.9k $684.2k $684.2k 0.34% Reduced -3.3k -3,334
69 Csenge Advisory Group 0.04% of their portfolio CLEARWATER, FL 13,13013.1k $648.2k $648.2k 0.04% Added +1.2k +1,239
70 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 11,52311.5k $569.0k $569.0k 0.00% Reduced -918 -918
71 WealthCare Investment Partners, LLC 0.28% of their portfolio PORTSMOUTH, RI 10,42510.4k $513.3k $513.3k 0.28% Reduced -664 -664
72 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 10,40410.4k $513.6k $513.6k 0.00% New
73 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 9,6749.7k $477.6k $477.6k 0.02% Added +424 +424
74 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 9,6429.6k $476.0k $476.0k 0.00% New
75 AXXCESS WEALTH MANAGEMENT, LLC 0.01% of their portfolio CARLSBAD, CA 9,6189.6k $474.8k $474.8k 0.01% Reduced -28 -28
76 Vanguard Personalized Indexing Management, LLC 0.01% of their portfolio OAKLAND, CA 9,4089.4k $464.5k $464.5k 0.01% New
77 Tradition Wealth Management, LLC 0.05% of their portfolio EDINA, MN 9,1679.2k $453.0k $453.0k 0.05% Reduced -1.2k -1,205
78 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 8,9819.0k $443.4k $443.4k 0.00% New
79 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 8,4428.4k $416.8k $416.8k 0.00% Added +7.8k +7,842
80 FLAGSHIP HARBOR ADVISORS, LLC 0.03% of their portfolio BOSTON, MA 7,6567.7k $378.0k $378.0k 0.03% Reduced -1.3k -1,279
81 Fortune Financial Advisors, LLC 0.26% of their portfolio Overland Park, KS 7,4647.5k $368.5k $368.5k 0.26% Added +560 +560
82 PFG Investments, LLC 0.07% of their portfolio WOODBURY, NY 7,1767.2k $354.3k $354.3k 0.07% Unchanged
83 Anchor Investment Management, LLC 0.04% of their portfolio COLUMBIA, SC 7,1647.2k $353.7k $353.7k 0.04% Unchanged
84 Certified Advisory Corp 0.05% of their portfolio ALTAMONTE SPRINGS, FL 6,7946.8k $335.4k $335.4k 0.05% Unchanged
85 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 6,5186.5k $303.3k $303.3k 0.00% New
86 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 6,4526.5k $318.5k $318.5k 0.00% Added +485 +485
87 BCU Wealth Advisors, LLC 0.31% of their portfolio Vernon Hills, IL 5,8155.8k $287.1k $287.1k 0.31% First filing
88 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 5,5405.5k $273.5k $273.5k 0.00% Added +2.9k +2,910
89 Meridian Financial Advisors, LLC 0.21% of their portfolio HOLLISTON, MA 5,5005.5k $271.5k $271.5k 0.21% Unchanged
90 Hibernia Wealth Partners, LLC 0.20% of their portfolio BATON ROUGE, LA 5,2635.3k $259.8k $259.8k 0.20% Added +4.4k +4,432
91 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 5,1745.2k $255.4k $255.4k 0.00% Reduced -47.6k -47,649
92 Tidal Investments LLC 0.01% of their portfolio Milwaukee, WI 4,7814.8k $236.1k $236.1k 0.01% Reduced -273 -273
93 Mendota Financial Group, LLC 0.13% of their portfolio MADISON, WI 3,5003.5k $172.8k $172.8k 0.13% Unchanged
94 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,8121.8k $89.5k $89.5k 0.00% Added +1.7k +1,712
95 OAKWORTH CAPITAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 1,0231.0k $50.5k $50.5k 0.00% New
96 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 866866 $42.8k $42.8k 0.00% Added +534 +534
97 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 405405 $19.0k $19.0k 0.00% New
98 FinTrust Capital Advisors, LLC 0.00% of their portfolio Greenville, SC 402402 $19.8k $19.8k 0.00% Unchanged
99 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 357357 $17.6k $17.6k 0.00% Reduced -590 -590
100 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 283283 $14.0k $14.0k 0.00% New