Vault-13

ETF SER SOLUTIONS DRSK

APTUS DEFINED · ETP · CUSIP 26922A388

55 institutional holders -7 vs Q1 2023
23,771,91923.8m shares reported held*
$590.9mreported value*
4 new 11 added 35 reduced 11 sold out net sold ≈ $69.4m (-2.8m 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 ($8.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $24.86.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 57Q4 22: 68Q1 23: 62Q2 23: 5555Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202257
Q4 202268
Q1 202362
Q2 202355

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 22: 26 bought or addedQ4 22: 37 cut or sold outQ4 22Q1 23: 28 bought or addedQ1 23: 39 cut or sold outQ1 23Q2 23: 15 bought or addedQ2 23: 46 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222637
Q1 20232839
Q2 20231546

Biggest buyers

CAPTRUST FINANCIAL ADVISORS New +179,467+179.5k
Advisory Services Network, LLC Added +130,058+130.1k
Sugarloaf Wealth Management, LLC Added +63,046+63.0k
JANE STREET GROUP, LLC Added +52,837+52.8k
MBE Wealth Management, LLC Added +29,970+30.0k
LPL Financial LLC Added +21,427+21.4k
BROGAN FINANCIAL, INC. Added +18,774+18.8k
IFP Advisors, Inc Added +8,175+8.2k
Cambridge Investment Research Advisors, Inc. Added +1,697+1.7k
MORGAN STANLEY New +434+434

Biggest sellers

Aptus Capital Advisors, LLC Reduced -785,484-785.5k
Advisor Resource Council Reduced -717,849-717.8k
Derbend Asset Management Sold out -390,117-390.1k
OSAIC HOLDINGS, INC. Reduced -332,349-332.3k
Compass Ion Advisors, LLC Reduced -232,621-232.6k
Spotlight Asset Group, Inc. Sold out -195,698-195.7k
GUARDIAN WEALTH ADVISORS, LLC / NC Reduced -120,215-120.2k
TrueWealth Advisors, LLC Reduced -109,659-109.7k
Schorn Wealth LLC Reduced -103,340-103.3k
Elevated Capital Advisors, LLC Sold out -54,084-54.1k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Aptus Capital Advisors, LLC 7.05% of their portfolio FAIRHOPE, AL 9,713,1859.7m $241.5m $241.5m 7.05% Reduced -785.5k -785,484
2 GUARDIAN WEALTH ADVISORS, LLC / NC 13.11% of their portfolio RALEIGH, NC 3,078,9683.1m $76.5m $76.5m 13.11% Reduced -120.2k -120,215
3 Sugarloaf Wealth Management, LLC 14.28% of their portfolio DULUTH, GA 2,453,4002.5m $61.0m $61.0m 14.28% Added +63.0k +63,046
4 Compass Ion Advisors, LLC 12.81% of their portfolio CONSHOHOCKEN, PA 2,029,2312.0m $50.4m $50.4m 12.81% Reduced -232.6k -232,621
5 Schorn Wealth LLC 17.43% of their portfolio ENGLEWOOD, FL 1,523,1641.5m $37.9m $37.9m 17.43% Reduced -103.3k -103,340
6 BROGAN FINANCIAL, INC. 29.53% of their portfolio KNOXVILLE, TN 1,402,6161.4m $34.9m $34.9m 29.53% Added +18.8k +18,774
7 First Heartland Consultants, Inc. 2.86% of their portfolio LAKE ST. LOUIS, MO 886,852886.9k $22.0m $22.0m 2.86% Reduced -10.4k -10,385
8 Waterloo Capital, L.P. 4.14% of their portfolio AUSTIN, TX 564,084564.1k $14.0m $14.0m 4.14% Reduced -12.7k -12,734
9 Advisory Services Network, LLC 0.23% of their portfolio ATLANTA, GA 343,489343.5k $8.5m $8.5m 0.23% Added +130.1k +130,058
10 SILVER OAK SECURITIES, INCORPORATED 1.32% of their portfolio JACKSON, TN 330,730330.7k $8.2m $8.2m 1.32% Reduced -6.6k -6,628
11 TrueWealth Advisors, LLC 2.52% of their portfolio BIRMINGHAM, AL 247,216247.2k $6.1m $6.1m 2.52% Reduced -109.7k -109,659
12 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 183,787183.8k $4.6m $4.6m 0.01% Added +52.8k +52,837
13 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 179,467179.5k $4.5m $4.5m 0.02% New
14 ONE PLUS ONE WEALTH MANAGEMENT, LLC 2.47% of their portfolio JUPITER, FL 155,642155.6k $3.9m $3.9m 2.47% Reduced -24.4k -24,414
15 MBE Wealth Management, LLC 1.53% of their portfolio TOMAH, WI 114,165114.2k $2.8m $2.8m 1.53% Added +30.0k +29,970
16 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 98,85598.9k $2.4m $2.4m 0.00% Reduced -332.3k -332,349
17 LEAVELL INVESTMENT MANAGEMENT, INC. 0.15% of their portfolio MOBILE, AL 86,00086.0k $2.1m $2.1m 0.15% Unchanged
18 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 81,11981.1k $2.0m $2.0m 0.00% Reduced -3.3k -3,262
19 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 72,15972.2k $1.8m $1.8m 0.00% Added +21.4k +21,427
20 Jacobi Capital Management LLC 0.16% of their portfolio PITTSTON, PA 56,88956.9k $1.4m $1.4m 0.16% Reduced -2.4k -2,414
21 Cetera Advisors LLC 0.02% of their portfolio DENVER, CO 52,55752.6k $1.3m $1.3m 0.02% Reduced -7.2k -7,157
22 LINCOLN NATIONAL CORP 0.03% of their portfolio RADNOR, PA 51,23851.2k $1.3m $1.3m 0.03% Added +65 +65
23 Global Retirement Partners, LLC 0.06% of their portfolio San Rafael, CA 48,22448.2k $1.2m $1.2m 0.06% Added +63 +63
24 Compound Planning, Inc. 0.49% of their portfolio NEW YORK, NY 42,89142.9k $1.1m $1.1m 0.49% Reduced -2.6k -2,624
25 Meridian Wealth Management, LLC 0.07% of their portfolio LEXINGTON, KY 31,52831.5k $783.8k $783.8k 0.07% Reduced -4.7k -4,726
26 Virtue Capital Management, LLC 0.13% of their portfolio BRENTWOOD, TN 30,78530.8k $764.1k $764.1k 0.13% Reduced -2.4k -2,411
27 Geneos Wealth Management Inc. 0.04% of their portfolio ENGLEWOOD, CO 29,79429.8k $740.7k $740.7k 0.04% Reduced -1.5k -1,523
28 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 26,74926.7k $665.0k $665.0k 0.00% Reduced -11.9k -11,910
29 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 26,21026.2k $651.6k $651.6k 0.00% Reduced -1.8k -1,786
30 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 18,24218.2k $453.0k $453.0k 0.01% Reduced -1.6k -1,586
31 Axim Planning & Wealth 0.38% of their portfolio SPRINGBORO, OH 17,08717.1k $424.8k $424.8k 0.38% Reduced -2.7k -2,682
32 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 16,64016.6k $414.9k $414.9k 0.01% Added +8.2k +8,175
33 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 15,79415.8k $393.0k $393.0k 0.00% Added +1.7k +1,697
34 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 13,62213.6k $338.6k $338.6k 0.00% Reduced -36.2k -36,244
35 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 13,48613.5k $335.3k $335.3k 0.00% Reduced -3.4k -3,375
36 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 13,10213.1k $325.7k $325.7k 0.02% Reduced -340 -340
37 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 10,60610.6k $263.7k $263.7k 0.00% Reduced -6.2k -6,183
38 Advisor Resource Council 0.15% of their portfolio DALLAS, TX 10,28610.3k $255.7k $255.7k 0.15% Reduced -717.8k -717,849
39 BCS Wealth Management 0.16% of their portfolio JOHNSON CITY, TN 8,7328.7k $217.0k $217.0k 0.16% Reduced -705 -705
40 Edmonds Duncan Registered Investment Advisors, LLC 0.06% of their portfolio LAWRENCE, KS 8,4358.4k $209.7k $209.7k 0.06% Reduced -3.3k -3,308
41 McAdam, LLC 0.02% of their portfolio Philadelphia, PA 8,1228.1k $201.9k $201.9k 0.02% Reduced -5.7k -5,670
42 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 3,5413.5k $88.0k $88.0k 0.00% Reduced -300 -300
43 WealthPlan Investment Management, LLC 0.02% of their portfolio OMAHA, NE 3,1813.2k $79.1k $79.1k 0.02% Reduced -6.7k -6,652
44 CWM, LLC 0.00% of their portfolio OMAHA, NE 2,4902.5k $62.0k $62.0k 0.00% Reduced -2.5k -2,451
45 WealthPLAN Partners, LLC 0.01% of their portfolio OMAHA, NE 2,4632.5k $61.2k $61.2k 0.01% Added +221 +221
46 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,7971.8k $44.7k $44.7k 0.00% Reduced -1.6k -1,594
47 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 1,4001.4k $34.8k $34.8k 0.00% Unchanged
48 Avior Wealth Management, LLC 0.00% of their portfolio OMAHA, NE 944944 $23.5k $23.5k 0.00% Reduced -7.6k -7,643
49 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 434434 $10.8k $10.8k 0.00% New
50 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 343343 $8.5k $8.5k 0.00% Reduced -27 -27
51 Richard W. Paul & Associates, LLC 0.00% of their portfolio NOVI, MI 328328 $8.2k $8.2k 0.00% Unchanged
52 FinTrust Capital Advisors, LLC 0.00% of their portfolio Greenville, SC 8080 $2.0k $2.0k 0.00% Unchanged
53 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 6464 $1.6k $1.6k 0.00% New
54 Sanctuary Wealth Management, L.L.C. 0.00% of their portfolio POCATELLO, ID 1818 $447 $447 0.00% First filing
55 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 88 $199 $199 0.00% New