Vault-13

ETF SER SOLUTIONS ADME

APTUS DRAWDOWN · ETP · CUSIP 26922A784

54 institutional holders -2 vs Q4 2025
6,375,2196.4m shares reported held*
$317.2mreported value*
8 new 19 added 16 reduced 9 sold out net bought ≈ $24.4m (+493.6k 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 ($1.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $49.75.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 34Q4 22: 39Q1 23: 41Q2 23: 37Q3 23: 37Q4 23: 37Q1 24: 39Q2 24: 42Q3 24: 46Q4 24: 50Q1 25: 50Q2 25: 53Q3 25: 47Q4 25: 56Q1 26: 5454Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202234
Q4 202239
Q1 202341
Q2 202337
Q3 202337
Q4 202337
Q1 202439
Q2 202442
Q3 202446
Q4 202450
Q1 202550
Q2 202553
Q3 202547
Q4 202556
Q1 202654

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 24: 24 bought or addedQ2 24: 16 cut or sold outQ3 24: 29 bought or addedQ3 24: 11 cut or sold outQ3 24Q4 24: 28 bought or addedQ4 24: 16 cut or sold outQ1 25: 30 bought or addedQ1 25: 19 cut or sold outQ1 25Q2 25: 29 bought or addedQ2 25: 20 cut or sold outQ3 25: 23 bought or addedQ3 25: 23 cut or sold outQ3 25Q4 25: 30 bought or addedQ4 25: 15 cut or sold outQ1 26: 27 bought or addedQ1 26: 25 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20242416
Q3 20242911
Q4 20242816
Q1 20253019
Q2 20252920
Q3 20252323
Q4 20253015
Q1 20262725

Biggest buyers

ENVESTNET ASSET MANAGEMENT INC New +579,957+580.0k
Independent Advisor Alliance Added +35,712+35.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +14,054+14.1k
RFG Advisory, LLC New +13,875+13.9k
Signal Advisors Wealth, LLC Added +8,934+8.9k
Park Place Capital Corp Added +8,896+8.9k
GUARDIAN WEALTH ADVISORS, LLC / NC Added +5,114+5.1k
MARIPAU WEALTH MANAGEMENT LLC Added +4,495+4.5k
Integrated Wealth Concepts LLC Added +4,471+4.5k
RAYMOND JAMES FINANCIAL INC Added +2,734+2.7k

Biggest sellers

Aptus Capital Advisors, LLC Reduced -54,482-54.5k
Savvy Advisors, Inc. Reduced -32,100-32.1k
Tailwinds Wealth, LLC Sold out -22,244-22.2k
True Vision MN LLC Sold out -20,034-20.0k
Strong Retirement Solutions LLC Reduced -13,629-13.6k
SILVER OAK SECURITIES, INCORPORATED Reduced -12,121-12.1k
LPL Financial LLC Reduced -7,944-7.9k
Retirement Planning Group, LLC Reduced -4,441-4.4k
Bienville Capital Management, LLC Reduced -4,302-4.3k
Waterloo Capital, L.P. Reduced -4,264-4.3k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Aptus Capital Advisors, LLC 1.14% of their portfolio FAIRHOPE, AL 2,734,3602.7m $135.2m $135.2m 1.14% Reduced -54.5k -54,482
2 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 579,957580.0k $28.7m $28.7m 0.01% New
3 Second Line Capital, LLC 4.47% of their portfolio METAIRIE, LA 437,300437.3k $23.6m $23.6m 4.47% Reduced -969 -969
4 GUARDIAN WEALTH ADVISORS, LLC / NC 1.30% of their portfolio RALEIGH, NC 414,364414.4k $20.5m $20.5m 1.30% Added +5.1k +5,114
5 Signal Advisors Wealth, LLC 1.05% of their portfolio DETROIT, MI 308,735308.7k $15.3m $15.3m 1.05% Added +8.9k +8,934
6 Park Place Capital Corp 2.91% of their portfolio Homewood, AL 293,423293.4k $14.5m $14.5m 2.91% Added +8.9k +8,896
7 Waterloo Capital, L.P. 0.90% of their portfolio AUSTIN, TX 258,743258.7k $12.8m $12.8m 0.90% Reduced -4.3k -4,264
8 6th Street Advisors, LLC 6.69% of their portfolio DAPHNE, AL 214,989215.0k $10.6m $10.6m 6.69% First filing
9 Bienville Capital Management, LLC 1.51% of their portfolio New York, NY 161,387161.4k $8.0m $8.0m 1.51% Reduced -4.3k -4,302
10 SILVER OAK SECURITIES, INCORPORATED 0.36% of their portfolio JACKSON, TN 100,030100.0k $4.9m $4.9m 0.36% Reduced -12.1k -12,121
11 MBE Wealth Management, LLC 1.87% of their portfolio TOMAH, WI 91,01991.0k $4.5m $4.5m 1.87% Reduced -531 -531
12 Strong Retirement Solutions LLC 2.70% of their portfolio SILVERDALE, WA 77,93577.9k $3.9m $3.9m 2.70% Reduced -13.6k -13,629
13 Lord & Richards Wealth Management, LLC 3.11% of their portfolio HIGHLANDS RANCH, CO 71,64871.6k $3.5m $3.5m 3.11% Added +433 +433
14 Independent Advisor Alliance 0.03% of their portfolio CHARLOTTE, NC 63,12663.1k $3.1m $3.1m 0.03% Added +35.7k +35,712
15 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 57,86357.9k $2.9m $2.9m 0.00% Added +2.7k +2,734
16 MARIPAU WEALTH MANAGEMENT LLC 1.17% of their portfolio FORT WAYNE, IN 53,79953.8k $2.7m $2.7m 1.17% Added +4.5k +4,495
17 RENASANT BANK 1.56% of their portfolio Tupelo, MS 44,52944.5k $2.2m $2.2m 1.56% Reduced -3.3k -3,273
18 ONE PLUS ONE WEALTH MANAGEMENT, LLC 0.88% of their portfolio JUPITER, FL 42,32142.3k $2.1m $2.1m 0.88% Added +1.3k +1,268
19 Regal Investment Advisors LLC 0.11% of their portfolio KENTWOOD, MI 39,61539.6k $2.0m $2.0m 0.11% Added +1.2k +1,235
20 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 35,12535.1k $1.7m $1.7m 0.01% Added +4.5k +4,471
21 Cushing Capital Partners, LLC 1.28% of their portfolio DELAFIELD, WI 33,80033.8k $1.7m $1.7m 1.28% Added +655 +655
22 United Advisor Group, LLC 0.17% of their portfolio CINCINNATI, OH 28,54628.5k $1.4m $1.4m 0.17% Added +2.0k +2,020
23 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 27,20027.2k $1.3m $1.3m 0.00% Reduced -7.9k -7,944
24 Atria Investments, Inc 0.01% of their portfolio Charlotte, NC 26,15626.2k $1.3m $1.3m 0.01% Reduced -1.9k -1,870
25 Foundations Investment Advisors, LLC 0.02% of their portfolio PHOENIX, AZ 26,02526.0k $1.3m $1.3m 0.02% Added +452 +452
26 Second Half Financial Partners, LLC 0.55% of their portfolio SEBRING, FL 24,74824.7k $1.2m $1.2m 0.55% Added +2.1k +2,084
27 Savvy Advisors, Inc. 0.03% of their portfolio NEW YORK, NY 23,12123.1k $1.1m $1.1m 0.03% Reduced -32.1k -32,100
28 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 22,53422.5k $1.1m $1.1m 0.01% Added +864 +864
29 OLD MISSION CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 19,14519.1k $946.3k $946.3k 0.02% Added +441 +441
30 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 18,67918.7k $923.3k $923.3k 0.00% Added +14.1k +14,054
31 Formidable Asset Management, LLC 0.11% of their portfolio CINCINNATI, OH 13,95414.0k $716.0k $716.0k 0.11% Reduced -1.1k -1,127
32 RFG Advisory, LLC 0.01% of their portfolio BIRMINGHAM, AL 13,87513.9k $685.9k $685.9k 0.01% New
33 BROGAN FINANCIAL, INC. 0.27% of their portfolio KNOXVILLE, TN 12,56112.6k $620.9k $620.9k 0.27% Added +386 +386
34 Town Capital LLC 0.22% of their portfolio BEL AIR, MD 5,4815.5k $270.9k $270.9k 0.22% Reduced -4.2k -4,195
35 Brookwood Investment Group LLC 0.03% of their portfolio PHOENIX, AZ 4,8004.8k $237.3k $237.3k 0.03% Unchanged
36 Retirement Planning Group, LLC 0.01% of their portfolio LEAWOOD, KS 4,2144.2k $208.3k $208.3k 0.01% Reduced -4.4k -4,441
37 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,8722.9k $138.9k $138.9k 0.00% Unchanged
38 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 2,0092.0k $99.8k $99.8k 0.00% New
39 Ascentis Independent Advisors 0.01% of their portfolio DALLAS, TX 1,8961.9k $93.7k $93.7k 0.01% New
40 Capital Investment Advisory Services, LLC 0.01% of their portfolio RALEIGH, NC 1,4071.4k $69.5k $69.5k 0.01% New
41 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,2721.3k $62.9k $62.9k 0.00% Added +928 +928
42 Princeton Global Asset Management LLC 0.01% of their portfolio PRINCETON, NJ 1,0961.1k $54.2k $54.2k 0.01% Unchanged
43 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 600600 $30.0k $30.0k 0.00% Unchanged
44 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 469469 $23.2k $23.2k 0.00% Unchanged
45 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 294294 $14.5k $14.5k 0.00% Reduced -102 -102
46 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 211211 $10.4k $10.4k 0.00% Unchanged
47 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 123123 $6.1k $6.1k 0.00% New
48 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 117117 $5.8k $5.8k 0.00% Unchanged
49 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 108108 $5.3k $5.3k 0.00% New
50 WealthShield Partners, LLC 0.00% of their portfolio CARY, NC 9393 $4.6k $4.6k 0.00% Reduced -31 -31
51 CWM, LLC 0.00% of their portfolio OMAHA, NE 4444 $2.2k $2.2k 0.00% Unchanged
52 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 3232 $1.6k $1.6k 0.00% New
53 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 22 $104 $104 0.00% Unchanged
54 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $52 $52 0.00% Unchanged