Vault-13

ETF SER SOLUTIONS DSTL

DISTILLATE US · ETP · CUSIP 26922A321

142 institutional holders +2 vs Q4 2024
26,972,18527.0m shares reported held*
$1.5bnreported value*
12 new 55 added 57 reduced 6 sold out net bought ≈ $226.1m (+4.2m 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 ($392.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $54.27.

Trends to Q1 2025

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: 131Q4 24: 140Q1 25: 142142Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202260
Q4 202271
Q1 202378
Q2 202385
Q3 2023100
Q4 2023109
Q1 2024119
Q2 2024130
Q3 2024131
Q4 2024140
Q1 2025142

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 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 24Q4 24: 60 bought or addedQ4 24: 61 cut or sold outQ1 25: 67 bought or addedQ1 25: 63 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20235223
Q3 20236425
Q4 20236735
Q1 20248730
Q2 20249136
Q3 20246753
Q4 20246061
Q1 20256763

Biggest buyers

Sequoia Financial Advisors, LLC New +5,261,045+5.3m
AlphaCore Capital LLC New +953,187+953.2k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +336,733+336.7k
PARK AVENUE SECURITIES LLC New +104,034+104.0k
Weil Company, Inc. Added +50,545+50.5k
Csenge Advisory Group Added +48,800+48.8k
Resonant Capital Advisors, LLC Added +42,231+42.2k
Cambridge Investment Research Advisors, Inc. Added +27,937+27.9k
Berkeley, Inc Added +27,208+27.2k
Madison Asset Management, LLC Added +26,768+26.8k

Biggest sellers

SHUFRO ROSE & CO LLC Reduced -1,276,746-1.3m
Thrivent Financial for Lutherans Sold out -337,672-337.7k
GeoWealth Management, LLC Reduced -239,752-239.8k
Focus Partners Wealth Reduced -204,651-204.7k
LANDMARK WEALTH MANAGEMENT, INC. Reduced -197,203-197.2k
RAYMOND JAMES FINANCIAL INC Reduced -191,219-191.2k
Allen Capital Group, LLC Reduced -92,967-93.0k
Oregon Pacific Wealth Management, LLC Reduced -87,232-87.2k
ROYAL BANK OF CANADA Reduced -50,858-50.9k
Old Port Advisors Reduced -35,936-35.9k

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Sequoia Financial Advisors, LLC 2.20% of their portfolio Akron, OH 5,261,0455.3m $285.4m $285.4m 2.20% New
2 OXFORD FINANCIAL GROUP, LTD. LLC 6.20% of their portfolio INDIANAPOLIS, IN 1,629,0721.6m $88.4m $88.4m 6.20% Added +4.3k +4,280
3 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.15% of their portfolio PLYMOUTH, MN 1,450,8031.5m $78.7m $78.7m 0.15% Added +336.7k +336,733
4 Abacus Planning Group, Inc. 13.56% of their portfolio COLUMBIA, SC 1,427,2171.4m $77.4m $77.4m 13.56% Added +18.6k +18,603
5 Madison Asset Management, LLC 0.81% of their portfolio MADISON, WI 1,345,6961.3m $73.0m $73.0m 0.81% Added +26.8k +26,768
6 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 982,548982.5k $53.3m $53.3m 0.02% Reduced -5.1k -5,064
7 AlphaCore Capital LLC 4.42% of their portfolio LA JOLLA, CA 953,187953.2k $51.7m $51.7m 4.42% New
8 Resonant Capital Advisors, LLC 3.53% of their portfolio Madison, WI 932,231932.2k $50.6m $50.6m 3.53% Added +42.2k +42,231
9 AVANTAX ADVISORY SERVICES, INC. 0.25% of their portfolio DALLAS, TX 772,734772.7k $41.9m $41.9m 0.25% Added +21.1k +21,131
10 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 711,508711.5k $38.6m $38.6m 0.01% Reduced -191.2k -191,219
11 Cerity Partners LLC 0.07% of their portfolio NEW YORK, NY 661,888661.9k $35.9m $35.9m 0.07% Added +8.3k +8,280
12 PARK NATIONAL CORP /OH/ 1.22% of their portfolio NEWARK, OH 611,727611.7k $33.2m $33.2m 1.22% Added +15.4k +15,381
13 STEEL GROVE CAPITAL ADVISORS, LLC 4.89% of their portfolio MEMPHIS, TN 594,754594.8k $32.3m $32.3m 4.89% Reduced -9.2k -9,179
14 Allen Capital Group, LLC 3.68% of their portfolio GRAND ISLAND, NE 591,866591.9k $32.1m $32.1m 3.68% Reduced -93.0k -92,967
15 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 533,036533.0k $28.9m $28.9m 0.01% Reduced -50.9k -50,858
16 ODonnell Financial Services, LLC 10.62% of their portfolio SAN RAFAEL, CA 474,470474.5k $25.7m $25.7m 10.62% Reduced -3.3k -3,253
17 Arlington Financial Advisors, LLC 4.38% of their portfolio SANTA BARBARA, CA 459,689459.7k $24.9m $24.9m 4.38% Added +7.5k +7,506
18 Rockefeller Capital Management L.P. 0.06% of their portfolio NEW YORK, NY 415,637415.6k $22.5m $22.5m 0.06% Added +8.4k +8,361
19 Berkeley, Inc 9.33% of their portfolio Boise, ID 366,477366.5k $19.9m $19.9m 9.33% Added +27.2k +27,208
20 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 351,658351.7k $19.1m $19.1m 0.01% Reduced -18.2k -18,231
21 Crumly & Associates Inc. 5.19% of their portfolio SPRINGFIELD, IL 346,496346.5k $18.8m $18.8m 5.19% Added +10.4k +10,381
22 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 341,899341.9k $18.5m $18.5m 0.00% Reduced -20.2k -20,236
23 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 318,321318.3k $17.3m $17.3m 0.06% Added +27.9k +27,937
24 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 276,041276.0k $15.0m $15.0m 0.00% Added +9.8k +9,787
25 LEVEL FOUR ADVISORY SERVICES, LLC 0.61% of their portfolio DALLAS, TX 271,621271.6k $14.7m $14.7m 0.61% Added +9.8k +9,790
26 Empire Financial Management Company, LLC 4.21% of their portfolio NEW YORK, NY 251,136251.1k $13.6m $13.6m 4.21% Added +2.3k +2,279
27 CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio RALEIGH, NC 228,878228.9k $12.4m $12.4m 0.03% Reduced -21.1k -21,083
28 Oxbow Advisors, LLC 1.26% of their portfolio Austin, TX 220,615220.6k $12.0m $12.0m 1.26% Added +3.7k +3,747
29 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 216,091216.1k $11.7m $11.7m 0.02% Added +1.3k +1,270
30 Apexium Financial, LP 0.69% of their portfolio Dallas, TX 214,118214.1k $11.6m $11.6m 0.69% Added +10.0k +9,983
31 Focus Partners Wealth 0.03% of their portfolio ST LOUIS, MO 204,227204.2k $11.1m $11.1m 0.03% Reduced -204.7k -204,651
32 SimpliFi, Inc. 5.03% of their portfolio SAN DIEGO, CA 202,107202.1k $11.0m $11.0m 5.03% Reduced -317 -317
33 Sage Advisory Services, Ltd.Co. 5.78% of their portfolio AUSTIN, TX 181,344181.3k $9.8m $9.8m 5.78% Added +4.2k +4,248
34 Orion Capital Management LLC 4.00% of their portfolio CORONADO, CA 174,550174.6k $9.5m $9.5m 4.00% Added +6.6k +6,587
35 Weil Company, Inc. 2.39% of their portfolio SAN DIEGO, CA 147,880147.9k $8.0m $8.0m 2.39% Added +50.5k +50,545
36 Perritt Capital Management Inc 4.01% of their portfolio Chicago, IL 134,015134.0k $7.3m $7.3m 4.01% Added +2.5k +2,550
37 Sunbeam Capital Management, LLC 6.84% of their portfolio ATLANTA, GA 132,512132.5k $7.2m $7.2m 6.84% Added +507 +507
38 Equitable Holdings, Inc. 0.07% of their portfolio NEW YORK, NY 131,911131.9k $7.2m $7.2m 0.07% Reduced -23.7k -23,703
39 Old Port Advisors 2.11% of their portfolio PORTLAND, ME 130,877130.9k $7.1m $7.1m 2.11% Reduced -35.9k -35,936
40 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 128,150128.2k $7.0m $7.0m 0.00% Reduced -6.7k -6,657
41 Gladstone Institutional Advisory LLC 0.30% of their portfolio Bedminster, NJ 120,471120.5k $6.5m $6.5m 0.30% Added +937 +937
42 PARK AVENUE SECURITIES LLC 0.07% of their portfolio NEW YORK, NY 104,034104.0k $5.6m $5.6m 0.07% New
43 Herold Advisors, Inc. 1.16% of their portfolio New York, NY 97,57897.6k $5.3m $5.3m 1.16% Reduced -2.8k -2,838
44 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 97,34797.3k $5.3m $5.3m 0.01% Reduced -27.0k -26,995
45 Clayton Financial Group LLC 1.58% of their portfolio ST. LOUIS, MO 79,40779.4k $4.3m $4.3m 1.58% Reduced -274 -274
46 Centerpoint Advisory Group 4.10% of their portfolio Overland Park, KS 76,79676.8k $4.2m $4.2m 4.10% Added +6.3k +6,263
47 FDx Advisors, Inc. 1.34% of their portfolio BERWYN, PA 75,96076.0k $4.1m $4.1m 1.34% Reduced -4.2k -4,237
48 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 74,82674.8k $4.1m $4.1m 0.01% Added +20.4k +20,408
49 FLAGSHIP HARBOR ADVISORS, LLC 0.21% of their portfolio BOSTON, MA 72,58572.6k $3.9m $3.9m 0.21% Added +8.9k +8,901
50 Stonebridge Financial Planning Group, LLC 1.73% of their portfolio ORLANDO, FL 70,02670.0k $3.8m $3.8m 1.73% Added +16.9k +16,889
51 Fermata Advisors, LLC 0.68% of their portfolio SONOMA, CA 69,69669.7k $3.8m $3.8m 0.68% Added +4.5k +4,524
52 Csenge Advisory Group 0.19% of their portfolio CLEARWATER, FL 65,91665.9k $3.3m $3.3m 0.19% Added +48.8k +48,800
53 Darwin Wealth Management, LLC 1.21% of their portfolio TAMPA, FL 65,68065.7k $3.6m $3.6m 1.21% Unchanged
54 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 61,41861.4k $3.3m $3.3m 0.01% Reduced -296 -296
55 THOROUGHBRED FINANCIAL SERVICES, LLC 0.17% of their portfolio BRENTWOOD, TN 50,81950.8k $2.8m $2.8m 0.17% Added +590 +590
56 IFP Advisors, Inc 0.08% of their portfolio TAMPA, FL 47,19147.2k $2.6m $2.6m 0.08% Added +2.1k +2,062
57 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 47,00047.0k $2.5m $2.5m 0.00% Reduced -1.4k -1,377
58 MGO ONE SEVEN LLC 0.09% of their portfolio Beachwood, OH 45,03945.0k $2.4m $2.4m 0.09% Reduced -8.3k -8,252
59 Aspect Partners, LLC 1.27% of their portfolio FAIRFAX, VA 40,99641.0k $2.2m $2.2m 1.27% Reduced -2.7k -2,728
60 Ausdal Financial Partners, Inc. 0.15% of their portfolio Davenport, IA 36,88436.9k $2.0m $2.0m 0.15% Reduced -130 -130
61 Richard W. Paul & Associates, LLC 0.74% of their portfolio NOVI, MI 34,78034.8k $1.9m $1.9m 0.74% Added +1.2k +1,157
62 LANDMARK WEALTH MANAGEMENT, INC. 0.83% of their portfolio NORMAL, IL 32,01932.0k $1.7m $1.7m 0.83% Reduced -197.2k -197,203
63 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 31,91631.9k $1.7m $1.7m 0.00% Added +3.5k +3,511
64 Hilltop Holdings Inc. 0.11% of their portfolio DALLAS, TX 31,36631.4k $1.7m $1.7m 0.11% Unchanged
65 TFR Capital, LLC. 0.67% of their portfolio PLANO, TX 29,48829.5k $1.6m $1.6m 0.67% Reduced -599 -599
66 SAPIENT CAPITAL LLC 0.03% of their portfolio INDIANAPOLIS, IN 29,41229.4k $1.6m $1.6m 0.03% Reduced -117 -117
67 HARBOUR INVESTMENTS, INC. 0.04% of their portfolio MADISON, WI 28,87228.9k $1.6m $1.6m 0.04% Added +8.1k +8,106
68 Advisory Services Network, LLC 0.03% of their portfolio ATLANTA, GA 28,06028.1k $1.5m $1.5m 0.03% Reduced -14.7k -14,650
69 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 26,05426.1k $1.4m $1.4m 0.00% Reduced -4.8k -4,844
70 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 25,81425.8k $1.4m $1.4m 0.00% Reduced -2.3k -2,337
71 Rehmann Capital Advisory Group 0.09% of their portfolio LANSING, MI 25,32425.3k $1.4m $1.4m 0.09% Reduced -1.4k -1,438
72 HUNTINGTON NATIONAL BANK 0.01% of their portfolio COLUMBUS, OH 22,25022.2k $1.2m $1.2m 0.01% Reduced -276 -276
73 Barry Investment Advisors, LLC 0.32% of their portfolio NEW BEDFORD, MA 22,15622.2k $1.2m $1.2m 0.32% Added +6.2k +6,184
74 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 21,23821.2k $1.2m $1.2m 0.00% Reduced -13.7k -13,727
75 Arete Wealth Advisors, LLC 0.08% of their portfolio CHICAGO, IL 19,36519.4k $1.1m $1.1m 0.08% Reduced -288 -288
76 AVALON CAPITAL MANAGEMENT 0.30% of their portfolio Port Of Redwood City, CA 18,89018.9k $1.0m $1.0m 0.30% Reduced -3.8k -3,782
77 HERITAGE OAK WEALTH ADVISORS LLC 0.44% of their portfolio SANTA ROSA BEACH, FL 18,61918.6k $1.0m $1.0m 0.44% Reduced -3.2k -3,215
78 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 18,53318.5k $1.0m $1.0m 0.01% Reduced -3.8k -3,774
79 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 18,29318.3k $992.2k $992.2k 0.00% Added +4.3k +4,323
80 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 16,94016.9k $918.8k $918.8k 0.00% Added +2.2k +2,225
81 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 14,89214.9k $807.7k $807.7k 0.01% Added +7 +7
82 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 14,21214.2k $770.9k $770.9k 0.00% Reduced -1.1k -1,141
83 Oregon Pacific Wealth Management, LLC 0.71% of their portfolio Medford, OR 13,10713.1k $710.9k $710.9k 0.71% Reduced -87.2k -87,232
84 American Alpha Advisors, LLC 0.60% of their portfolio NEW YORK, NY 12,55612.6k $681.0k $681.0k 0.60% Added +341 +341
85 Per Stirling Capital Management, LLC. 0.10% of their portfolio AUSTIN, TX 12,35012.3k $669.9k $669.9k 0.10% Added +3.9k +3,860
86 Hibernia Wealth Partners, LLC 0.45% of their portfolio BATON ROUGE, LA 11,68611.7k $633.9k $633.9k 0.45% Added +867 +867
87 Hutchens & Kramer Investment Management Group, LLC 0.35% of their portfolio CARMEL, IN 11,60011.6k $629.2k $629.2k 0.35% Added +41 +41
88 Accurate Wealth Management, LLC 0.11% of their portfolio WESLEY CHAPEL, FL 11,48011.5k $588.7k $588.7k 0.11% Reduced -4.9k -4,888
89 WealthCare Investment Partners, LLC 0.21% of their portfolio PORTSMOUTH, RI 9,8839.9k $490.9k $490.9k 0.21% Added +38 +38
90 CAROLINAS WEALTH CONSULTING LLC 0.11% of their portfolio CHARLOTTE, NC 9,5949.6k $520.4k $520.4k 0.11% Reduced -5.4k -5,399
91 LRI Investments, LLC 0.05% of their portfolio PALM BEACH GARDENS, FL 9,0049.0k $488.4k $488.4k 0.05% Added +2.5k +2,501
92 Global View Capital Management LLC 0.18% of their portfolio WAUKESHA, WI 8,9368.9k $484.7k $484.7k 0.18% Reduced -2.4k -2,391
93 Tradition Wealth Management, LLC 0.04% of their portfolio EDINA, MN 8,4538.5k $458.5k $458.5k 0.04% Added +238 +238
94 U.S. Capital Wealth Advisors, LLC 0.01% of their portfolio AUSTIN, TX 8,4408.4k $457.8k $457.8k 0.01% Reduced -20 -20
95 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 8,2828.3k $401.9k $401.9k 0.00% New
96 SHUFRO ROSE & CO LLC 0.03% of their portfolio NEW YORK, NY 7,3457.3k $398.4k $398.4k 0.03% Reduced -1.3m -1,276,746
97 Hardy Reed LLC 0.03% of their portfolio TUPELO, MS 7,3107.3k $396.5k $396.5k 0.03% Unchanged
98 Geneos Wealth Management Inc. 0.01% of their portfolio ENGLEWOOD, CO 7,3007.3k $396.0k $396.0k 0.01% Added +5.4k +5,425
99 GeoWealth Management, LLC 0.02% of their portfolio CHICAGO, IL 7,2357.2k $392.4k $392.4k 0.02% Reduced -239.8k -239,752
100 Anchor Investment Management, LLC 0.04% of their portfolio COLUMBIA, SC 7,1647.2k $388.6k $388.6k 0.04% Unchanged