Vault-13

ETF SER SOLUTIONS SMIG

BAHL GAYNOR SML · ETP · CUSIP 26922B832

53 institutional holders +4 vs Q4 2024
20,322,52420.3m shares reported held*
$579.8mreported value*
7 new 28 added 13 reduced 2 sold out net bought ≈ $167.9m (+5.9m 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 ($1.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.53.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 11Q4 22: 15Q1 23: 21Q2 23: 23Q3 23: 28Q4 23: 33Q1 24: 29Q2 24: 31Q3 24: 40Q4 24: 49Q1 25: 5353Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202211
Q4 202215
Q1 202321
Q2 202323
Q3 202328
Q4 202333
Q1 202429
Q2 202431
Q3 202440
Q4 202449
Q1 202553

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 23: 20 bought or addedQ2 23: 4 cut or sold outQ3 23: 23 bought or addedQ3 23: 1 cut or sold outQ3 23Q4 23: 23 bought or addedQ4 23: 8 cut or sold outQ1 24: 20 bought or addedQ1 24: 12 cut or sold outQ1 24Q2 24: 13 bought or addedQ2 24: 14 cut or sold outQ3 24: 29 bought or addedQ3 24: 7 cut or sold outQ3 24Q4 24: 37 bought or addedQ4 24: 10 cut or sold outQ1 25: 35 bought or addedQ1 25: 15 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023204
Q3 2023231
Q4 2023238
Q1 20242012
Q2 20241314
Q3 2024297
Q4 20243710
Q1 20253515

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +2,960,394+3.0m
MORGAN STANLEY Added +1,177,115+1.2m
UBS Group AG Added +570,774+570.8k
ROYAL BANK OF CANADA Added +378,005+378.0k
TRUIST FINANCIAL CORP New +195,491+195.5k
TWO SIGMA INVESTMENTS, LP New +150,009+150.0k
LPL Financial LLC Added +76,571+76.6k
JANE STREET GROUP, LLC Added +67,781+67.8k
INDEPENDENT FINANCIAL GROUP, LLC Added +66,492+66.5k
Wealth Dimensions Group, Ltd. New +41,775+41.8k

Biggest sellers

INTEGRITY WEALTH ADVISORS, INC. Reduced -55,505-55.5k
RAYMOND JAMES FINANCIAL INC Reduced -47,122-47.1k
ENVESTNET ASSET MANAGEMENT INC Reduced -14,554-14.6k
U.S. Capital Wealth Advisors, LLC Reduced -5,840-5.8k
Stratos Wealth Partners, LTD. Reduced -3,940-3.9k
Wealthcare Advisory Partners LLC Reduced -3,586-3.6k
Cetera Investment Advisers Reduced -3,112-3.1k
Pine Valley Investments Ltd Liability Co Reduced -2,455-2.5k
CASTLE WEALTH MANAGEMENT LLC Reduced -2,382-2.4k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Sold out -2,278-2.3k

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 7,347,0357.3m $209.6m $209.6m 0.02% Added +3.0m +2,960,394
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 4,935,2994.9m $140.8m $140.8m 0.01% Added +1.2m +1,177,115
3 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 2,193,0432.2m $62.6m $62.6m 0.01% Added +378.0k +378,005
4 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,460,7011.5m $41.7m $41.7m 0.01% Added +570.8k +570,774
5 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 679,992680.0k $19.4m $19.4m 0.01% Reduced -47.1k -47,122
6 Pine Valley Investments Ltd Liability Co 0.61% of their portfolio MARLTON, NJ 331,955332.0k $9.5m $9.5m 0.61% Reduced -2.5k -2,455
7 INDEPENDENT FINANCIAL GROUP, LLC 0.29% of their portfolio SAN DIEGO, CA 299,200299.2k $8.5m $8.5m 0.29% Added +66.5k +66,492
8 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 292,461292.5k $8.3m $8.3m 0.01% Added +3.8k +3,824
9 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 229,196229.2k $6.5m $6.5m 0.00% Added +76.6k +76,571
10 CASTLE WEALTH MANAGEMENT LLC 2.27% of their portfolio BOYNTON BEACH, FL 203,170203.2k $5.8m $5.8m 2.27% Reduced -2.4k -2,382
11 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 195,491195.5k $5.6m $5.6m 0.01% New
12 U.S. Capital Wealth Advisors, LLC 0.15% of their portfolio AUSTIN, TX 168,217168.2k $4.8m $4.8m 0.15% Reduced -5.8k -5,840
13 FIFTH THIRD BANCORP 0.02% of their portfolio CINCINNATI, OH 165,540165.5k $4.7m $4.7m 0.02% Added +17.0k +17,000
14 Sanctuary Advisors, LLC 0.03% of their portfolio INDIANAPOLIS, IN 152,253152.3k $4.3m $4.3m 0.03% Added +10.7k +10,749
15 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 150,009150.0k $4.3m $4.3m 0.01% New
16 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 149,660149.7k $4.3m $4.3m 0.00% Reduced -14.6k -14,554
17 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 144,718144.7k $4.1m $4.1m 0.01% Reduced -3.1k -3,112
18 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 128,586128.6k $3.7m $3.7m 0.00% Added +14.6k +14,602
19 INTEGRITY WEALTH ADVISORS, INC. 2.58% of their portfolio Ventura, CA 123,203123.2k $3.5m $3.5m 2.58% Reduced -55.5k -55,505
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 122,144122.1k $3.5m $3.5m 0.00% Added +13.9k +13,915
21 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 83,68883.7k $2.4m $2.4m 0.00% Added +67.8k +67,781
22 Heritage Wealth Management, Inc. 0.79% of their portfolio CINCINNATI, OH 81,62081.6k $2.3m $2.3m 0.79% Added +2.0k +2,000
23 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 71,87071.9k $2.0m $2.0m 0.01% Added +29.9k +29,870
24 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 68,81268.8k $2.0m $2.0m 0.00% Added +40.5k +40,484
25 Prime Capital Investment Advisors, LLC 0.02% of their portfolio OVERLAND PARK, KS 65,90165.9k $1.9m $1.9m 0.02% Added +25.5k +25,492
26 KESTRA PRIVATE WEALTH SERVICES, LLC 0.03% of their portfolio AUSTIN, TX 59,88759.9k $1.7m $1.7m 0.03% Added +38.7k +38,683
27 TRANSCEND CAPITAL ADVISORS, LLC 0.10% of their portfolio MADISON, NJ 49,41449.4k $1.4m $1.4m 0.10% Added +20.2k +20,231
28 Wealthcare Advisory Partners LLC 0.04% of their portfolio WEST CHESTER, PA 46,24546.2k $1.3m $1.3m 0.04% Reduced -3.6k -3,586
29 Wealth Dimensions Group, Ltd. 0.28% of their portfolio CINCINNATI, OH 41,77541.8k $1.2m $1.2m 0.28% New
30 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 41,57441.6k $1.2m $1.2m 0.01% Added +20.5k +20,479
31 EdgeRock Capital LLC 0.77% of their portfolio DENVER, CO 37,70737.7k $1.1m $1.1m 0.77% New
32 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 34,67434.7k $989.2k $989.2k 0.00% Added +954 +954
33 Gladstone Institutional Advisory LLC 0.04% of their portfolio Bedminster, NJ 32,53832.5k $928.3k $928.3k 0.04% Added +2.0k +1,983
34 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 27,24427.2k $777.3k $777.3k 0.00% New
35 COMERICA BANK 0.00% of their portfolio DALLAS, TX 22,98223.0k $655.7k $655.7k 0.00% Added +8.9k +8,886
36 ORBA Wealth Advisors, L.L.C. 0.32% of their portfolio CHICAGO, IL 21,98422.0k $627.2k $627.2k 0.32% Reduced -568 -568
37 FINANCIAL MANAGEMENT NETWORK INC 0.12% of their portfolio MISSION VIEJO, CA 20,34920.3k $530.1k $530.1k 0.12% Added +11.3k +11,268
38 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 12,16212.2k $347.0k $347.0k 0.00% Added +521 +521
39 MGO ONE SEVEN LLC 0.01% of their portfolio Beachwood, OH 11,10011.1k $316.7k $316.7k 0.01% Added +170 +170
40 Weaver Consulting Group 0.08% of their portfolio HUNTINGTON BEACH, CA 9,7509.8k $278.2k $278.2k 0.08% Unchanged
41 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 9,2569.3k $264.1k $264.1k 0.00% Unchanged
42 PFG Investments, LLC 0.02% of their portfolio WOODBURY, NY 9,0179.0k $257.2k $257.2k 0.02% Added +804 +804
43 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 8,8378.8k $252.0k $252.0k 0.00% Reduced -904 -904
44 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 8,3438.3k $238.0k $238.0k 0.00% Added +400 +400
45 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 7,7657.8k $221.5k $221.5k 0.00% New
46 QUADRANT CAPITAL GROUP LLC 0.01% of their portfolio CINCINNATI, OH 7,4747.5k $213.2k $213.2k 0.01% New
47 Stratos Wealth Partners, LTD. 0.00% of their portfolio BEACHWOOD, OH 7,1877.2k $205.0k $205.0k 0.00% Reduced -3.9k -3,940
48 Crew Capital Management, Ltd 0.16% of their portfolio CINCINNATI, OH 7,0717.1k $201.7k $201.7k 0.16% Reduced -155 -155
49 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 2,0152.0k $57.5k $57.5k 0.00% Added +10 +10
50 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 900900 $25.7k $25.7k 0.00% Reduced -314 -314
51 Brooklyn Investment Group 0.00% of their portfolio NEW YORK, NY 436436 $12.4k $12.4k 0.00% Unchanged
52 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 140140 $4.0k $4.0k 0.00% Unchanged
53 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged