Vault-13

ETF OPPORTUNITIES TRUST VSLU

APPLIED FINA VAL · ETP · CUSIP 26923N405

41 institutional holders +9 vs Q1 2025
5,768,6355.8m shares reported held*
$225.9mreported value*
11 new 14 added 10 reduced 3 sold out net bought ≈ $33.8m (+864.0k 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. Holder counts are more reliable. Implied quarter-end price ≈ $39.16. Options: 4 managers hold calls ($12.2m notional), 0 hold puts (—).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 9Q4 22: 8Q1 23: 8Q2 23: 7Q3 23: 11Q4 23: 19Q1 24: 24Q2 24: 29Q3 24: 34Q4 24: 33Q1 25: 32Q2 25: 4141Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 20229
Q4 20228
Q1 20238
Q2 20237
Q3 202311
Q4 202319
Q1 202424
Q2 202429
Q3 202434
Q4 202433
Q1 202532
Q2 202541

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 23: 8 bought or addedQ3 23: 2 cut or sold outQ4 23: 16 bought or addedQ4 23: 3 cut or sold outQ4 23Q1 24: 21 bought or addedQ1 24: 2 cut or sold outQ2 24: 25 bought or addedQ2 24: 3 cut or sold outQ2 24Q3 24: 25 bought or addedQ3 24: 4 cut or sold outQ4 24: 19 bought or addedQ4 24: 13 cut or sold outQ4 24Q1 25: 19 bought or addedQ1 25: 14 cut or sold outQ2 25: 25 bought or addedQ2 25: 13 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202382
Q4 2023163
Q1 2024212
Q2 2024253
Q3 2024254
Q4 20241913
Q1 20251914
Q2 20252513

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30m$40mQ3 24 calls: $3.2mQ3 24 puts: $0Q3 24P/C 0.00Q4 24 calls: $39.7mQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $16.1mQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $12.2mQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$3.2m$00.00
Q4 2024$39.7m$00.00
Q1 2025$16.1m$00.00
Q2 2025$12.2m$00.00

Biggest buyers

Newman Dignan & Sheerar, Inc. New +688,643+688.6k
Applied Finance Capital Management, LLC New +71,387+71.4k
Jacobi Capital Management LLC Added +58,398+58.4k
Watchman Group, Inc. Added +28,900+28.9k
ACIMA PRIVATE WEALTH, LLC Added +28,146+28.1k
GTS SECURITIES LLC New +24,128+24.1k
GOLDMAN SACHS GROUP INC New +21,723+21.7k
Fulton Bank, N.A. Added +21,233+21.2k
BankPlus Trust Department New +20,180+20.2k
Crestwood Advisors Group, LLC Added +17,627+17.6k

Biggest sellers

JPMORGAN CHASE & CO Reduced -115,933-115.9k
InTrack Investment Management Inc Reduced -30,467-30.5k
TRUSTMARK BANK TRUST DEPARTMENT Reduced -7,955-8.0k
EverSource Wealth Advisors, LLC Reduced -7,494-7.5k
TRUIST FINANCIAL CORP Sold out -6,393-6.4k
UBS Group AG Reduced -2,035-2.0k
Capital Market Strategies LLC Reduced -1,202-1.2k
Advisory Services Network, LLC Reduced -942-942
CROBAN Reduced -928-928
OSAIC HOLDINGS, INC. Reduced -832-832

Biggest calls

SIMPLEX TRADING, LLC Reduced $11.7m1.1m shares
IMC-Chicago, LLC Reduced $401.1k24.9k shares
GROUP ONE TRADING LLC Reduced $128.9k8.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

None

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Crestwood Advisors Group, LLC 0.86% of their portfolio BOSTON, MA 1,227,3981.2m $48.1m $48.1m 0.86% Added +17.6k +17,627
2 NOVARE CAPITAL MANAGEMENT LLC 2.33% of their portfolio CHARLOTTE, NC 733,821733.8k $28.7m $28.7m 2.33% Added +10.4k +10,420
3 Newman Dignan & Sheerar, Inc. 6.20% of their portfolio PROVIDENCE, RI 688,643688.6k $27.0m $27.0m 6.20% New
4 Watchman Group, Inc. 6.28% of their portfolio PLANO, TX 614,853614.9k $24.1m $24.1m 6.28% Added +28.9k +28,900
5 Jacobi Capital Management LLC 1.02% of their portfolio PITTSTON, PA 391,875391.9k $15.3m $15.3m 1.02% Added +58.4k +58,398
6 Fulton Bank, N.A. 0.38% of their portfolio Lancaster, PA 259,324259.3k $10.2m $10.2m 0.38% Added +21.2k +21,233
7 ACIMA PRIVATE WEALTH, LLC 3.11% of their portfolio RICHMOND, VA 233,264233.3k $9.1m $9.1m 3.11% Added +28.1k +28,146
8 ATWOOD & PALMER INC 0.51% of their portfolio KANSAS CITY, MO 208,869208.9k $8.2m $8.2m 0.51% Added +412 +412
9 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 159,895159.9k $6.3m $6.3m 0.00% Reduced -115.9k -115,933
10 TRUSTMARK BANK TRUST DEPARTMENT 0.41% of their portfolio JACKSON, MS 151,232151.2k $5.9m $5.9m 0.41% Reduced -8.0k -7,955
11 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 127,508127.5k $5.0m $5.0m 0.00% Added +1.2k +1,178
12 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 124,941124.9k $4.9m $4.9m 0.01% Added +2.4k +2,440
13 EverSource Wealth Advisors, LLC 0.18% of their portfolio BIRMINGHAM, AL 103,674103.7k $4.1m $4.1m 0.18% Reduced -7.5k -7,494
14 CROBAN 3.06% of their portfolio FREMONT, OH 91,63791.6k $3.6m $3.6m 3.06% Reduced -928 -928
15 Capital Market Strategies LLC 2.46% of their portfolio PALM BEACH GARDENS, FL 90,24490.2k $3.5m $3.5m 2.46% Reduced -1.2k -1,202
16 Atlantic Edge Private Wealth Management, LLC 0.83% of their portfolio JACKSONVILLE, FL 77,00677.0k $3.0m $3.0m 0.83% Added +8.9k +8,855
17 Applied Finance Capital Management, LLC 0.19% of their portfolio SAN JUAN, PR 71,38771.4k $2.8m $2.8m 0.19% New
18 Advisory Services Network, LLC 0.04% of their portfolio ATLANTA, GA 61,09661.1k $2.5m $2.5m 0.04% Reduced -942 -942
19 OneAscent Family Office, LLC 2.24% of their portfolio BIRMINGHAM, AL 60,62060.6k $2.4m $2.4m 2.24% Unchanged
20 Clarion Wealth Managment Partners, LLC 2.05% of their portfolio FAIRFAX, VA 47,78747.8k $1.9m $1.9m 2.05% First filing
21 Gibraltar Capital Management, Inc. 0.25% of their portfolio TULSA, OK 32,84332.8k $1.3m $1.3m 0.25% Added +404 +404
22 UBS Group AG 0.00% of their portfolio ZURICH, V8 24,24624.2k $949.2k $949.2k 0.00% Reduced -2.0k -2,035
23 GTS SECURITIES LLC 0.04% of their portfolio NEW YORK, NY 24,12824.1k $944.6k $944.6k 0.04% New
24 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 21,72321.7k $850.5k $850.5k 0.00% New
25 Confluence Wealth Services, Inc. 0.04% of their portfolio MCMURRAY, PA 21,00421.0k $822.3k $822.3k 0.04% Added +404 +404
26 BankPlus Trust Department 0.23% of their portfolio JACKSON, MS 20,18020.2k $790.0k $790.0k 0.23% New
27 InTrack Investment Management Inc 0.50% of their portfolio SOUTH BURLINGTON, VT 19,10819.1k $748.1k $748.1k 0.50% Reduced -30.5k -30,467
28 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 11,13011.1k $435.7k $435.7k 0.00% Added +1.1k +1,102
29 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 10,83410.8k $424.2k $424.2k 0.00% New
30 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 10,26010.3k $401.7k $401.7k 0.00% Unchanged
31 PRIVATE TRUST CO NA 0.04% of their portfolio CLEVELAND, OH 10,04910.0k $393.4k $393.4k 0.04% Reduced -680 -680
32 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 9,7749.8k $382.7k $382.7k 0.00% New
33 MGO ONE SEVEN LLC 0.01% of their portfolio Beachwood, OH 8,6158.6k $337.3k $337.3k 0.01% Added +283 +283
34 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 6,5256.5k $255.5k $255.5k 0.00% Unchanged
35 FLPUTNAM INVESTMENT MANAGEMENT CO 0.00% of their portfolio PORTLAND, ME 6,0006.0k $234.9k $234.9k 0.00% New
36 Old Port Advisors 0.06% of their portfolio PORTLAND, ME 5,9405.9k $232.6k $232.6k 0.06% New
37 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 692692 $27.1k $27.1k 0.00% Reduced -832 -832
38 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 418418 $16.4k $16.4k 0.00% New
39 SouthState Bank Corp 0.00% of their portfolio Winter Haven, FL 5252 $2.0k $2.0k 0.00% New
40 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 4040 $1.6k $1.6k 0.00% Unchanged
41 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged