Vault-13

ETF SER SOLUTIONS DSTL

DISTILLATE US · ETP · CUSIP 26922A321

130 institutional holders +11 vs Q1 2024
27,136,93627.1m shares reported held*
$1.4bnreported value*
20 new 71 added 27 reduced 9 sold out net bought ≈ $77.3m (+1.5m 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 ($2.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $51.44.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 60Q4 22: 71Q1 23: 78Q2 23: 85Q3 23: 100Q4 23: 109Q1 24: 119Q2 24: 130130Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202260
Q4 202271
Q1 202378
Q2 202385
Q3 2023100
Q4 2023109
Q1 2024119
Q2 2024130

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 outQ2 23: 52 bought or addedQ2 23: 23 cut or sold outQ2 23Q3 23: 64 bought or addedQ3 23: 25 cut or sold outQ4 23: 67 bought or addedQ4 23: 35 cut or sold outQ4 23Q1 24: 87 bought or addedQ1 24: 30 cut or sold outQ2 24: 91 bought or addedQ2 24: 36 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20224720
Q1 20234925
Q2 20235223
Q3 20236425
Q4 20236735
Q1 20248730
Q2 20249136

Biggest buyers

CAPTRUST FINANCIAL ADVISORS Added +1,106,958+1.1m
PARK NATIONAL CORP /OH/ New +463,897+463.9k
Berkeley, Inc New +312,465+312.5k
Raymond James Financial Services Advisors, Inc. Added +243,615+243.6k
LANDMARK WEALTH MANAGEMENT, INC. New +226,911+226.9k
Focus Partners Wealth New +204,091+204.1k
Sage Advisory Services, Ltd.Co. Added +103,164+103.2k
SHUFRO ROSE & CO LLC Added +83,751+83.8k
COMERICA BANK Added +76,500+76.5k
ROYAL BANK OF CANADA Added +70,675+70.7k

Biggest sellers

Empowered Funds, LLC Sold out -1,634,828-1.6m
Madison Asset Management, LLC Reduced -259,928-259.9k
Financial Enhancement Group LLC Reduced -63,358-63.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -49,906-49.9k
Global Assets Advisory, LLC Sold out -29,674-29.7k
STEEL GROVE CAPITAL ADVISORS, LLC Reduced -28,198-28.2k
Empire Financial Management Company, LLC Reduced -24,976-25.0k
Crumly & Associates Inc. Reduced -16,152-16.2k
MML INVESTORS SERVICES, LLC Reduced -13,274-13.3k
GOLDMAN SACHS GROUP INC Sold out -12,833-12.8k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Carlson Capital Management 13.00% of their portfolio NORTHFIELD, MN 5,372,5455.4m $276.1m $276.1m 13.00% Added +24.7k +24,662
2 OXFORD FINANCIAL GROUP, LTD. LLC 5.70% of their portfolio INDIANAPOLIS, IN 1,682,1261.7m $86.4m $86.4m 5.70% Added +10.1k +10,104
3 Abacus Planning Group, Inc. 12.76% of their portfolio COLUMBIA, SC 1,279,6861.3m $65.8m $65.8m 12.76% Added +19.7k +19,682
4 CAPTRUST FINANCIAL ADVISORS 0.19% of their portfolio RALEIGH, NC 1,151,9811.2m $59.2m $59.2m 0.19% Added +1.1m +1,106,958
5 Madison Asset Management, LLC 0.66% of their portfolio MADISON, WI 1,032,6701.0m $53.1m $53.1m 0.66% Reduced -259.9k -259,928
6 SHUFRO ROSE & CO LLC 4.18% of their portfolio NEW YORK, NY 998,174998.2k $51.3m $51.3m 4.18% Added +83.8k +83,751
7 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.12% of their portfolio PLYMOUTH, MN 992,536992.5k $51.0m $51.0m 0.12% Added +26.2k +26,189
8 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 920,450920.5k $47.3m $47.3m 0.02% Reduced -11.8k -11,773
9 Resonant Capital Advisors, LLC 3.56% of their portfolio Madison, WI 853,853853.9k $43.9m $43.9m 3.56% Added +32.3k +32,251
10 AVANTAX ADVISORY SERVICES, INC. 0.27% of their portfolio DALLAS, TX 748,943748.9k $38.5m $38.5m 0.27% Added +29.5k +29,470
11 Allen Capital Group, LLC 5.03% of their portfolio GRAND ISLAND, NE 694,653694.7k $35.7m $35.7m 5.03% Added +9.7k +9,658
12 STEEL GROVE CAPITAL ADVISORS, LLC 4.50% of their portfolio MEMPHIS, TN 633,827633.8k $32.6m $32.6m 4.50% Reduced -28.2k -28,198
13 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 627,273627.3k $32.2m $32.2m 0.01% Added +70.7k +70,675
14 JANICZEK WEALTH MANAGEMENT, LLC 6.67% of their portfolio DENVER, CO 619,302619.3k $31.8m $31.8m 6.67% Added +44.9k +44,888
15 Sage Advisory Services, Ltd.Co. 7.34% of their portfolio AUSTIN, TX 508,638508.6k $26.1m $26.1m 7.34% Added +103.2k +103,164
16 ODonnell Financial Services, LLC 11.02% of their portfolio SAN RAFAEL, CA 482,474482.5k $24.8m $24.8m 11.02% Added +11.6k +11,561
17 PARK NATIONAL CORP /OH/ 0.88% of their portfolio NEWARK, OH 463,897463.9k $23.8m $23.8m 0.88% New
18 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 437,439437.4k $22.5m $22.5m 0.01% Added +1.6k +1,629
19 Arlington Financial Advisors, LLC 4.92% of their portfolio SANTA BARBARA, CA 436,909436.9k $22.5m $22.5m 4.92% Added +1.8k +1,846
20 Rockefeller Capital Management L.P. 0.06% of their portfolio NEW YORK, NY 434,540434.5k $22.3m $22.3m 0.06% Added +6.9k +6,935
21 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 432,488432.5k $22.2m $22.2m 0.03% Added +243.6k +243,615
22 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 369,065369.1k $19.0m $19.0m 0.00% Added +51.1k +51,122
23 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 363,176363.2k $18.7m $18.7m 0.01% Added +10.3k +10,348
24 Crumly & Associates Inc. 5.02% of their portfolio SPRINGFIELD, IL 338,970339.0k $17.4m $17.4m 5.02% Reduced -16.2k -16,152
25 COMERICA BANK 0.07% of their portfolio DALLAS, TX 312,736312.7k $16.1m $16.1m 0.07% Added +76.5k +76,500
26 Berkeley, Inc 9.98% of their portfolio Boise, ID 312,465312.5k $16.1m $16.1m 9.98% New
27 LEVEL FOUR ADVISORY SERVICES, LLC 0.63% of their portfolio DALLAS, TX 272,900272.9k $14.0m $14.0m 0.63% Added +54.1k +54,077
28 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 248,791248.8k $12.8m $12.8m 0.05% Added +13.5k +13,473
29 Empire Financial Management Company, LLC 4.05% of their portfolio NEW YORK, NY 238,102238.1k $12.2m $12.2m 4.05% Reduced -25.0k -24,976
30 LANDMARK WEALTH MANAGEMENT, INC. 6.42% of their portfolio NORMAL, IL 226,911226.9k $11.7m $11.7m 6.42% New
31 SimpliFi, Inc. 5.02% of their portfolio SAN DIEGO, CA 211,658211.7k $10.9m $10.9m 5.02% Reduced -1.8k -1,824
32 Focus Partners Wealth 0.04% of their portfolio ST LOUIS, MO 204,091204.1k $10.5m $10.5m 0.04% New
33 Oxbow Advisors, LLC 1.19% of their portfolio Austin, TX 197,563197.6k $10.2m $10.2m 1.19% Added +6.6k +6,606
34 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 196,086196.1k $10.1m $10.1m 0.02% Added +6.4k +6,380
35 Apexium Financial, LP 0.63% of their portfolio Dallas, TX 170,757170.8k $8.8m $8.8m 0.63% Added +25.0k +25,007
36 Equitable Holdings, Inc. 0.08% of their portfolio NEW YORK, NY 151,642151.6k $7.8m $7.8m 0.08% Added +5.6k +5,583
37 Orion Capital Management LLC 4.04% of their portfolio CORONADO, CA 149,435149.4k $7.7m $7.7m 4.04% Added +8.0k +8,012
38 Old Port Advisors 2.29% of their portfolio PORTLAND, ME 149,295149.3k $7.7m $7.7m 2.29% Added +14.5k +14,525
39 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 130,066130.1k $6.7m $6.7m 0.02% Reduced -4.0k -3,955
40 Gladstone Institutional Advisory LLC 0.34% of their portfolio Bedminster, NJ 125,547125.5k $6.5m $6.5m 0.34% Reduced -4.8k -4,790
41 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 123,585123.6k $6.4m $6.4m 0.00% Added +19.8k +19,819
42 Perritt Capital Management Inc 3.47% of their portfolio Chicago, IL 123,479123.5k $6.3m $6.3m 3.47% Added +5.2k +5,216
43 FLAGSHIP HARBOR ADVISORS, LLC 0.36% of their portfolio BOSTON, MA 115,346115.3k $5.9m $5.9m 0.36% Added +68.0k +68,010
44 Herold Advisors, Inc. 1.33% of their portfolio New York, NY 112,180112.2k $5.8m $5.8m 1.33% Added +9.2k +9,250
45 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 81,18081.2k $4.2m $4.2m 0.01% Reduced -1.7k -1,704
46 FDx Advisors, Inc. 1.15% of their portfolio BERWYN, PA 81,09681.1k $4.2m $4.2m 1.15% Added +9.6k +9,556
47 MGO ONE SEVEN LLC 0.18% of their portfolio Beachwood, OH 73,03973.0k $3.8m $3.8m 0.18% Added +14.1k +14,072
48 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 58,39658.4k $3.0m $3.0m 0.01% Added +1.1k +1,055
49 Financial Enhancement Group LLC 0.49% of their portfolio ANDERSON, IN 56,15756.2k $3.0m $3.0m 0.49% Reduced -63.4k -63,358
50 Clayton Financial Group LLC 1.29% of their portfolio ST. LOUIS, MO 55,19555.2k $3.0m $3.0m 1.29% Added +7.8k +7,824
51 Advisory Services Network, LLC 0.06% of their portfolio ATLANTA, GA 54,45154.5k $2.8m $2.8m 0.06% Added +3.0k +2,980
52 THOROUGHBRED FINANCIAL SERVICES, LLC 0.17% of their portfolio BRENTWOOD, TN 49,99850.0k $2.6m $2.6m 0.17% Added +4.2k +4,192
53 Atria Wealth Solutions, Inc. 0.03% of their portfolio NEW YORK, NY 49,78549.8k $2.6m $2.6m 0.03% Added +1.5k +1,485
54 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 47,81447.8k $2.5m $2.5m 0.00% Added +18.3k +18,262
55 IFP Advisors, Inc 0.10% of their portfolio TAMPA, FL 46,87146.9k $2.4m $2.4m 0.10% Reduced -2.4k -2,403
56 GeoWealth Management, LLC 0.10% of their portfolio CHICAGO, IL 44,04544.0k $2.3m $2.3m 0.10% New
57 Fermata Advisors, LLC 0.50% of their portfolio SONOMA, CA 42,47542.5k $2.2m $2.2m 0.50% Added +6.4k +6,436
58 Aspect Partners, LLC 1.22% of their portfolio FAIRFAX, VA 39,77539.8k $2.0m $2.0m 1.22% Added +11.0k +11,011
59 Ausdal Financial Partners, Inc. 0.21% of their portfolio Davenport, IA 38,67838.7k $2.0m $2.0m 0.21% Added +355 +355
60 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 38,28338.3k $2.0m $2.0m 0.00% Reduced -4.2k -4,225
61 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 36,28636.3k $1.9m $1.9m 0.00% Added +4.9k +4,939
62 Richard W. Paul & Associates, LLC 0.67% of their portfolio NOVI, MI 33,52633.5k $1.7m $1.7m 0.67% Added +3.2k +3,247
63 SAPIENT CAPITAL LLC 0.03% of their portfolio INDIANAPOLIS, IN 29,64629.6k $1.5m $1.5m 0.03% Reduced -1.4k -1,391
64 Hilltop Holdings Inc. 0.17% of their portfolio DALLAS, TX 28,14628.1k $1.4m $1.4m 0.17% Reduced -1.6k -1,630
65 Rehmann Capital Advisory Group 0.10% of their portfolio LANSING, MI 26,75026.8k $1.4m $1.4m 0.10% Reduced -1.2k -1,153
66 HUNTINGTON NATIONAL BANK 0.01% of their portfolio COLUMBUS, OH 22,56622.6k $1.2m $1.2m 0.01% New
67 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 22,23622.2k $1.1m $1.1m 0.00% Added +791 +791
68 Accurate Wealth Management, LLC 0.28% of their portfolio WESLEY CHAPEL, FL 22,19922.2k $1.2m $1.2m 0.28% New
69 AVALON CAPITAL MANAGEMENT 0.35% of their portfolio Port Of Redwood City, CA 21,66521.7k $1.1m $1.1m 0.35% Reduced -373 -373
70 Stonebridge Financial Planning Group, LLC 0.56% of their portfolio ORLANDO, FL 21,50421.5k $1.1m $1.1m 0.56% Added +777 +777
71 Fortune Financial Advisors, LLC 0.66% of their portfolio Overland Park, KS 20,89520.9k $1.1m $1.1m 0.66% Added +5.4k +5,441
72 Arete Wealth Advisors, LLC 0.08% of their portfolio CHICAGO, IL 19,23819.2k $988.0k $988.0k 0.08% Reduced -3.5k -3,515
73 Hibernia Wealth Partners, LLC 0.34% of their portfolio BATON ROUGE, LA 19,21819.2k $987.6k $987.6k 0.34% Added +10.1k +10,094
74 Darwin Wealth Management, LLC 0.47% of their portfolio TAMPA, FL 18,61118.6k $956.4k $956.4k 0.47% Added +1.7k +1,740
75 Hutchens & Kramer Investment Management Group, LLC 0.52% of their portfolio CARMEL, IN 18,32818.3k $933.4k $933.4k 0.52% Added +29 +29
76 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 17,96018.0k $923.0k $923.0k 0.00% Reduced -9.4k -9,353
77 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 16,79916.8k $863.3k $863.3k 0.00% Added +3.3k +3,320
78 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 14,81814.8k $761.5k $761.5k 0.01% Reduced -282 -282
79 Csenge Advisory Group 0.04% of their portfolio CLEARWATER, FL 14,67314.7k $754.0k $754.0k 0.04% Added +812 +812
80 Cyr Financial Inc. 0.74% of their portfolio HENNEPIN, IL 14,39414.4k $739.7k $739.7k 0.74% First filing
81 CAROLINAS WEALTH CONSULTING LLC 0.14% of their portfolio CHARLOTTE, NC 14,16614.2k $728.0k $728.0k 0.14% Added +13.2k +13,173
82 Ameliora Wealth Management Ltd. 0.32% of their portfolio ZURICH, V8 13,53213.5k $695.4k $695.4k 0.32% Reduced -326 -326
83 Barry Investment Advisors, LLC 0.23% of their portfolio NEW BEDFORD, MA 13,50813.5k $694.2k $694.2k 0.23% Added +4.4k +4,382
84 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 13,50213.5k $693.9k $693.9k 0.00% Added +1.5k +1,498
85 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 12,43312.4k $638.9k $638.9k 0.02% Added +1.4k +1,390
86 HERITAGE OAK WEALTH ADVISORS LLC 0.27% of their portfolio SANTA ROSA BEACH, FL 10,48310.5k $538.7k $538.7k 0.27% First filing
87 Colonial Trust Co / SC 0.09% of their portfolio SPARTANBURG, SC 10,41210.4k $535.1k $535.1k 0.09% New
88 WealthCare Investment Partners, LLC 0.23% of their portfolio PORTSMOUTH, RI 9,7789.8k $502.5k $502.5k 0.23% Reduced -677 -677
89 AXXCESS WEALTH MANAGEMENT, LLC 0.01% of their portfolio CARLSBAD, CA 9,3489.3k $480.4k $480.4k 0.01% Reduced -151 -151
90 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 9,0249.0k $464.0k $464.0k 0.00% Reduced -13.3k -13,274
91 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 8,7238.7k $448.3k $448.3k 0.00% New
92 U.S. Capital Wealth Advisors, LLC 0.02% of their portfolio AUSTIN, TX 8,5608.6k $439.9k $439.9k 0.02% Added +800 +800
93 Per Stirling Capital Management, LLC. 0.07% of their portfolio AUSTIN, TX 8,4328.4k $433.3k $433.3k 0.07% Added +3.7k +3,665
94 PFG Investments, LLC 0.03% of their portfolio WOODBURY, NY 8,3778.4k $430.5k $430.5k 0.03% Added +31 +31
95 Tradition Wealth Management, LLC 0.04% of their portfolio EDINA, MN 8,1978.2k $421.2k $421.2k 0.04% Added +11 +11
96 Keeler Thomas Management LLC 0.14% of their portfolio Orem, UT 8,0558.1k $414.0k $414.0k 0.14% Reduced -194 -194
97 Hardy Reed LLC 0.04% of their portfolio TUPELO, MS 7,3107.3k $375.7k $375.7k 0.04% Unchanged
98 Anchor Investment Management, LLC 0.04% of their portfolio COLUMBIA, SC 7,1647.2k $368.2k $368.2k 0.04% Unchanged
99 Certified Advisory Corp 0.04% of their portfolio ALTAMONTE SPRINGS, FL 6,7946.8k $349.1k $349.1k 0.04% Unchanged
100 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 6,7636.8k $347.6k $347.6k 0.00% Added +7 +7