Vault-13

ETF SER SOLUTIONS DSTL

DISTILLATE US · ETP · CUSIP 26922A321

131 institutional holders +1 vs Q2 2024
27,897,47527.9m shares reported held*
$1.6bnreported value*
9 new 58 added 43 reduced 10 sold out net bought ≈ $87.0m (+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 ($13.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $56.46.

Trends to Q3 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: 130Q3 24: 131131Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 202260
Q4 202271
Q1 202378
Q2 202385
Q3 2023100
Q4 2023109
Q1 2024119
Q2 2024130
Q3 2024131

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 outQ1 23: 49 bought or addedQ1 23: 25 cut or sold outQ1 23Q2 23: 52 bought or addedQ2 23: 23 cut or sold outQ3 23: 64 bought or addedQ3 23: 25 cut or sold outQ3 23Q4 23: 67 bought or addedQ4 23: 35 cut or sold outQ1 24: 87 bought or addedQ1 24: 30 cut or sold outQ1 24Q2 24: 91 bought or addedQ2 24: 36 cut or sold outQ3 24: 67 bought or addedQ3 24: 53 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20224720
Q1 20234925
Q2 20235223
Q3 20236425
Q4 20236735
Q1 20248730
Q2 20249136
Q3 20246753

Biggest buyers

Madison Asset Management, LLC Added +383,144+383.1k
Berkeley, Inc Added +331,629+331.6k
GeoWealth Management, LLC Added +265,232+265.2k
BANK OF AMERICA CORP /DE/ Added +120,015+120.0k
Carlson Capital Management Added +115,314+115.3k
PARK NATIONAL CORP /OH/ Added +110,764+110.8k
LPL Financial LLC Added +86,676+86.7k
Abacus Planning Group, Inc. Added +65,971+66.0k
Darwin Wealth Management, LLC Added +58,414+58.4k
Cambridge Investment Research Advisors, Inc. Added +34,116+34.1k

Biggest sellers

Financial Enhancement Group LLC Sold out -56,157-56.2k
Crumly & Associates Inc. Reduced -35,660-35.7k
CAPTRUST FINANCIAL ADVISORS Reduced -29,206-29.2k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -29,152-29.2k
STEEL GROVE CAPITAL ADVISORS, LLC Reduced -24,048-24.0k
Rockefeller Capital Management L.P. Reduced -22,334-22.3k
Fortune Financial Advisors, LLC Sold out -20,895-20.9k
ROYAL BANK OF CANADA Reduced -18,187-18.2k
OXFORD FINANCIAL GROUP, LTD. LLC Reduced -16,759-16.8k
MGO ONE SEVEN LLC Reduced -11,829-11.8k

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Carlson Capital Management 13.22% of their portfolio NORTHFIELD, MN 5,487,8595.5m $311.3m $311.3m 13.22% Added +115.3k +115,314
2 OXFORD FINANCIAL GROUP, LTD. LLC 5.99% of their portfolio INDIANAPOLIS, IN 1,665,3671.7m $94.5m $94.5m 5.99% Reduced -16.8k -16,759
3 Madison Asset Management, LLC 0.90% of their portfolio MADISON, WI 1,415,8141.4m $80.3m $80.3m 0.90% Added +383.1k +383,144
4 Abacus Planning Group, Inc. 13.64% of their portfolio COLUMBIA, SC 1,345,6571.3m $76.3m $76.3m 13.64% Added +66.0k +65,971
5 CAPTRUST FINANCIAL ADVISORS 0.19% of their portfolio RALEIGH, NC 1,122,7751.1m $63.7m $63.7m 0.19% Reduced -29.2k -29,206
6 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.13% of their portfolio PLYMOUTH, MN 1,025,4731.0m $58.2m $58.2m 0.13% Added +32.9k +32,937
7 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 1,007,1261.0m $57.1m $57.1m 0.03% Added +86.7k +86,676
8 SHUFRO ROSE & CO LLC 4.18% of their portfolio NEW YORK, NY 998,174998.2k $51.3m $51.3m 4.18% Unchanged
9 Resonant Capital Advisors, LLC 3.68% of their portfolio Madison, WI 882,469882.5k $50.1m $50.1m 3.68% Added +28.6k +28,616
10 AVANTAX ADVISORY SERVICES, INC. 0.28% of their portfolio DALLAS, TX 740,537740.5k $42.0m $42.0m 0.28% Reduced -8.4k -8,406
11 Allen Capital Group, LLC 5.02% of their portfolio GRAND ISLAND, NE 697,781697.8k $39.6m $39.6m 5.02% Added +3.1k +3,128
12 Berkeley, Inc 10.64% of their portfolio Boise, ID 644,094644.1k $36.5m $36.5m 10.64% Added +331.6k +331,629
13 STEEL GROVE CAPITAL ADVISORS, LLC 4.84% of their portfolio MEMPHIS, TN 609,779609.8k $34.5m $34.5m 4.84% Reduced -24.0k -24,048
14 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 609,086609.1k $34.6m $34.6m 0.01% Reduced -18.2k -18,187
15 PARK NATIONAL CORP /OH/ 1.14% of their portfolio NEWARK, OH 574,661574.7k $32.6m $32.6m 1.14% Added +110.8k +110,764
16 Sage Advisory Services, Ltd.Co. 7.34% of their portfolio AUSTIN, TX 508,638508.6k $26.1m $26.1m 7.34% Unchanged
17 ODonnell Financial Services, LLC 11.06% of their portfolio SAN RAFAEL, CA 479,655479.7k $27.2m $27.2m 11.06% Reduced -2.8k -2,819
18 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 454,638454.6k $25.8m $25.8m 0.03% Added +22.1k +22,150
19 Arlington Financial Advisors, LLC 5.19% of their portfolio SANTA BARBARA, CA 445,768445.8k $25.3m $25.3m 5.19% Added +8.9k +8,859
20 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 437,803437.8k $24.8m $24.8m 0.02% Added +364 +364
21 Rockefeller Capital Management L.P. 0.06% of their portfolio NEW YORK, NY 412,206412.2k $23.4m $23.4m 0.06% Reduced -22.3k -22,334
22 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 379,382379.4k $21.5m $21.5m 0.00% Added +10.3k +10,317
23 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 369,624369.6k $21.0m $21.0m 0.01% Added +6.4k +6,448
24 COMERICA BANK 0.07% of their portfolio DALLAS, TX 319,156319.2k $18.1m $18.1m 0.07% Added +6.4k +6,420
25 GeoWealth Management, LLC 0.62% of their portfolio CHICAGO, IL 309,277309.3k $17.5m $17.5m 0.62% Added +265.2k +265,232
26 Crumly & Associates Inc. 4.76% of their portfolio SPRINGFIELD, IL 303,310303.3k $17.2m $17.2m 4.76% Reduced -35.7k -35,660
27 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 282,907282.9k $16.0m $16.0m 0.05% Added +34.1k +34,116
28 LEVEL FOUR ADVISORY SERVICES, LLC 0.62% of their portfolio DALLAS, TX 263,759263.8k $14.6m $14.6m 0.62% Reduced -9.1k -9,141
29 Empire Financial Management Company, LLC 4.35% of their portfolio NEW YORK, NY 249,070249.1k $14.1m $14.1m 4.35% Added +11.0k +10,968
30 LANDMARK WEALTH MANAGEMENT, INC. 6.91% of their portfolio NORMAL, IL 244,611244.6k $13.9m $13.9m 6.91% Added +17.7k +17,700
31 Oxbow Advisors, LLC 1.21% of their portfolio Austin, TX 215,287215.3k $12.2m $12.2m 1.21% Added +17.7k +17,724
32 SimpliFi, Inc. 5.15% of their portfolio SAN DIEGO, CA 204,531204.5k $11.6m $11.6m 5.15% Reduced -7.1k -7,127
33 Focus Partners Wealth 0.04% of their portfolio ST LOUIS, MO 204,123204.1k $11.6m $11.6m 0.04% Added +32 +32
34 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 193,879193.9k $11.0m $11.0m 0.02% Reduced -2.2k -2,207
35 Apexium Financial, LP 0.72% of their portfolio Dallas, TX 191,359191.4k $10.9m $10.9m 0.72% Added +20.6k +20,602
36 Orion Capital Management LLC 4.68% of their portfolio CORONADO, CA 169,742169.7k $9.6m $9.6m 4.68% Added +20.3k +20,307
37 Old Port Advisors 2.54% of their portfolio PORTLAND, ME 160,945160.9k $9.1m $9.1m 2.54% Added +11.7k +11,650
38 Equitable Holdings, Inc. 0.08% of their portfolio NEW YORK, NY 153,404153.4k $8.7m $8.7m 0.08% Added +1.8k +1,762
39 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 143,688143.7k $8.2m $8.2m 0.00% Added +20.1k +20,103
40 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 136,814136.8k $7.8m $7.8m 0.00% Added +120.0k +120,015
41 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 127,592127.6k $7.2m $7.2m 0.02% Reduced -2.5k -2,474
42 Perritt Capital Management Inc 3.64% of their portfolio Chicago, IL 124,674124.7k $7.1m $7.1m 3.64% Added +1.2k +1,195
43 Gladstone Institutional Advisory LLC 0.34% of their portfolio Bedminster, NJ 123,805123.8k $7.0m $7.0m 0.34% Reduced -1.7k -1,742
44 FLAGSHIP HARBOR ADVISORS, LLC 0.36% of their portfolio BOSTON, MA 115,334115.3k $6.5m $6.5m 0.36% Reduced -12 -12
45 Herold Advisors, Inc. 1.26% of their portfolio New York, NY 102,655102.7k $5.8m $5.8m 1.26% Reduced -9.5k -9,525
46 FDx Advisors, Inc. 1.25% of their portfolio BERWYN, PA 80,74180.7k $4.6m $4.6m 1.25% Reduced -355 -355
47 Darwin Wealth Management, LLC 1.20% of their portfolio TAMPA, FL 77,02577.0k $4.4m $4.4m 1.20% Added +58.4k +58,414
48 Clayton Financial Group LLC 1.55% of their portfolio ST. LOUIS, MO 72,78472.8k $4.1m $4.1m 1.55% Added +17.6k +17,589
49 MGO ONE SEVEN LLC 0.15% of their portfolio Beachwood, OH 61,21061.2k $3.5m $3.5m 0.15% Reduced -11.8k -11,829
50 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 57,86057.9k $3.3m $3.3m 0.01% Reduced -536 -536
51 Advisory Services Network, LLC 0.06% of their portfolio ATLANTA, GA 54,45154.5k $2.8m $2.8m 0.06% Unchanged
52 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 52,02852.0k $3.0m $3.0m 0.00% Reduced -29.2k -29,152
53 THOROUGHBRED FINANCIAL SERVICES, LLC 0.18% of their portfolio BRENTWOOD, TN 50,07850.1k $2.8m $2.8m 0.18% Added +80 +80
54 Atria Wealth Solutions, Inc. 0.03% of their portfolio NEW YORK, NY 49,75449.8k $2.8m $2.8m 0.03% Reduced -31 -31
55 Fermata Advisors, LLC 0.57% of their portfolio SONOMA, CA 49,66349.7k $2.8m $2.8m 0.57% Added +7.2k +7,188
56 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 47,17447.2k $2.7m $2.7m 0.00% Reduced -640 -640
57 IFP Advisors, Inc 0.09% of their portfolio TAMPA, FL 45,33145.3k $2.6m $2.6m 0.09% Reduced -1.5k -1,540
58 Aspect Partners, LLC 1.31% of their portfolio FAIRFAX, VA 41,09841.1k $2.3m $2.3m 1.31% Added +1.3k +1,323
59 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 39,01239.0k $2.2m $2.2m 0.00% Added +2.7k +2,726
60 Ausdal Financial Partners, Inc. 0.22% of their portfolio Davenport, IA 37,23237.2k $2.1m $2.1m 0.22% Reduced -1.4k -1,446
61 Richard W. Paul & Associates, LLC 0.69% of their portfolio NOVI, MI 33,71333.7k $1.9m $1.9m 0.69% Added +187 +187
62 Hilltop Holdings Inc. 0.12% of their portfolio DALLAS, TX 31,57231.6k $1.8m $1.8m 0.12% Added +3.4k +3,426
63 Stonebridge Financial Planning Group, LLC 0.82% of their portfolio ORLANDO, FL 30,51930.5k $1.7m $1.7m 0.82% Added +9.0k +9,015
64 SAPIENT CAPITAL LLC 0.03% of their portfolio INDIANAPOLIS, IN 29,35129.4k $1.7m $1.7m 0.03% Reduced -295 -295
65 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 28,31728.3k $1.6m $1.6m 0.00% Reduced -10.0k -9,966
66 Rehmann Capital Advisory Group 0.10% of their portfolio LANSING, MI 27,58027.6k $1.6m $1.6m 0.10% Added +830 +830
67 AVALON CAPITAL MANAGEMENT 0.41% of their portfolio Port Of Redwood City, CA 23,66523.7k $1.3m $1.3m 0.41% Added +2.0k +2,000
68 HUNTINGTON NATIONAL BANK 0.01% of their portfolio COLUMBUS, OH 22,45022.4k $1.3m $1.3m 0.01% Reduced -116 -116
69 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 22,06022.1k $1.3m $1.3m 0.00% Reduced -176 -176
70 Accurate Wealth Management, LLC 0.24% of their portfolio WESLEY CHAPEL, FL 20,97421.0k $1.2m $1.2m 0.24% Reduced -1.2k -1,225
71 Hibernia Wealth Partners, LLC 0.40% of their portfolio BATON ROUGE, LA 20,26420.3k $1.1m $1.1m 0.40% Added +1.0k +1,046
72 Arete Wealth Advisors, LLC 0.09% of their portfolio CHICAGO, IL 19,52519.5k $1.1m $1.1m 0.09% Added +287 +287
73 Legacy Investment Solutions, LLC 0.62% of their portfolio BOISE, ID 17,67717.7k $1.0m $1.0m 0.62% First filing
74 Legacy Wealth Managment, LLC/ID 0.62% of their portfolio BOISE, ID 17,67717.7k $1.0m $1.0m 0.62% First filing
75 Csenge Advisory Group 0.05% of their portfolio CLEARWATER, FL 15,78815.8k $899.7k $899.7k 0.05% Added +1.1k +1,115
76 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 15,65615.7k $888.2k $888.2k 0.00% Reduced -2.3k -2,304
77 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 15,10715.1k $857.0k $857.0k 0.01% Added +289 +289
78 HARBOUR INVESTMENTS, INC. 0.03% of their portfolio MADISON, WI 15,07215.1k $855.1k $855.1k 0.03% Added +2.6k +2,639
79 Barry Investment Advisors, LLC 0.25% of their portfolio NEW BEDFORD, MA 14,65514.7k $831.4k $831.4k 0.25% Added +1.1k +1,147
80 Cyr Financial Inc. 0.76% of their portfolio HENNEPIN, IL 14,39114.4k $816.4k $816.4k 0.76% Reduced -3 -3
81 CAROLINAS WEALTH CONSULTING LLC 0.15% of their portfolio CHARLOTTE, NC 14,29014.3k $810.6k $810.6k 0.15% Added +124 +124
82 Hutchens & Kramer Investment Management Group, LLC 0.43% of their portfolio CARMEL, IN 13,86613.9k $783.2k $783.2k 0.43% Reduced -4.5k -4,462
83 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 13,80613.8k $783.2k $783.2k 0.00% Added +12.8k +12,778
84 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 13,06713.1k $741.3k $741.3k 0.00% Reduced -435 -435
85 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 11,98512.0k $677.8k $677.8k 0.00% New
86 American Alpha Advisors, LLC 0.61% of their portfolio NEW YORK, NY 11,55111.6k $655.3k $655.3k 0.61% First filing
87 WealthCare Investment Partners, LLC 0.24% of their portfolio PORTSMOUTH, RI 9,8039.8k $551.0k $551.0k 0.24% Added +25 +25
88 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 8,5018.5k $482.0k $482.0k 0.00% Reduced -523 -523
89 Per Stirling Capital Management, LLC. 0.07% of their portfolio AUSTIN, TX 8,4548.5k $479.6k $479.6k 0.07% Added +22 +22
90 PFG Investments, LLC 0.03% of their portfolio WOODBURY, NY 8,3978.4k $476.4k $476.4k 0.03% Added +20 +20
91 Tradition Wealth Management, LLC 0.04% of their portfolio EDINA, MN 8,2048.2k $465.4k $465.4k 0.04% Added +7 +7
92 Keeler Thomas Management LLC 0.15% of their portfolio Orem, UT 8,0838.1k $458.5k $458.5k 0.15% Added +28 +28
93 U.S. Capital Wealth Advisors, LLC 0.02% of their portfolio AUSTIN, TX 7,9107.9k $448.7k $448.7k 0.02% Reduced -650 -650
94 CWM, LLC 0.00% of their portfolio OMAHA, NE 7,4497.4k $423.0k $423.0k 0.00% New
95 Hardy Reed LLC 0.04% of their portfolio TUPELO, MS 7,3107.3k $414.7k $414.7k 0.04% Unchanged
96 Anchor Investment Management, LLC 0.04% of their portfolio COLUMBIA, SC 7,1647.2k $406.4k $406.4k 0.04% Unchanged
97 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 7,1107.1k $403.0k $403.0k 0.00% New
98 Certified Advisory Corp 0.04% of their portfolio ALTAMONTE SPRINGS, FL 6,7946.8k $385.4k $385.4k 0.04% Unchanged
99 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 6,5676.6k $372.5k $372.5k 0.00% Reduced -196 -196
100 LRI Investments, LLC 0.04% of their portfolio PALM BEACH GARDENS, FL 6,4966.5k $371.8k $371.8k 0.04% New