Vault-13

TCW ETF TRUST PWRD

TRANSFORM SYSTEM · ETP · CUSIP 29287L205

125 institutional holders +15 vs Q4 2025
19,862,10519.9m shares reported held*
$1.9bnreported value*
22 new 61 added 24 reduced 6 sold out net bought ≈ $372.8m (+3.6m 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 ≈ $97.12. Options: 0 managers hold calls (— notional), 1 hold puts ($645.3k).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 9Q4 22: 11Q1 23: 14Q2 23: 20Q3 23: 23Q4 23: 25Q1 24: 30Q2 24: 38Q3 24: 40Q4 24: 51Q1 25: 53Q2 25: 69Q3 25: 88Q4 25: 110Q1 26: 125125Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 20229
Q4 202211
Q1 202314
Q2 202320
Q3 202323
Q4 202325
Q1 202430
Q2 202438
Q3 202440
Q4 202451
Q1 202553
Q2 202569
Q3 202588
Q4 2025110
Q1 2026125

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 24: 19 bought or addedQ2 24: 14 cut or sold outQ3 24: 22 bought or addedQ3 24: 16 cut or sold outQ3 24Q4 24: 27 bought or addedQ4 24: 14 cut or sold outQ1 25: 31 bought or addedQ1 25: 18 cut or sold outQ1 25Q2 25: 43 bought or addedQ2 25: 21 cut or sold outQ3 25: 58 bought or addedQ3 25: 21 cut or sold outQ3 25Q4 25: 61 bought or addedQ4 25: 21 cut or sold outQ1 26: 83 bought or addedQ1 26: 30 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20241914
Q3 20242216
Q4 20242714
Q1 20253118
Q2 20254321
Q3 20255821
Q4 20256121
Q1 20268330

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $645.3kQ1 26P/C —
Numbers
QuarterCallsPutsP/C
Q2 2025$0$0—
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$0$645.3k—

Biggest buyers

Dynasty Wealth Management, LLC Added +1,267,197+1.3m
OpenArc Corporate Advisory, LLC Added +662,733+662.7k
JPMORGAN CHASE & CO Added +390,116+390.1k
Quotient Wealth Partners, LLC Added +271,444+271.4k
WELLS FARGO & COMPANY/MN Added +223,638+223.6k
RAYMOND JAMES FINANCIAL INC Added +160,674+160.7k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +158,077+158.1k
JANE STREET GROUP, LLC Added +141,624+141.6k
LPL Financial LLC Added +127,761+127.8k
Storen Legacy Partners, LLC New +88,819+88.8k

Biggest sellers

SAGESPRING WEALTH PARTNERS, LLC Reduced -245,147-245.1k
Valence8 US LP Reduced -79,651-79.7k
AVALON CAPITAL MANAGEMENT Reduced -16,628-16.6k
Corient Private Wealth LP Reduced -14,036-14.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -10,110-10.1k
SFG Wealth Management, LLC. Reduced -7,226-7.2k
rebel Financial LLC Sold out -5,785-5.8k
Orion Porfolio Solutions, LLC Reduced -3,172-3.2k
One Capital Management, LLC Reduced -2,769-2.8k
DIVERSIFIED TRUST CO Sold out -2,393-2.4k

Biggest calls

None

Biggest puts

CITADEL ADVISORS LLC New $645.3k6.6k shares

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, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Dynasty Wealth Management, LLC 5.60% of their portfolio ST. PETERSBURG, FL 6,570,3136.6m $642.4m $642.4m 5.60% Added +1.3m +1,267,197
2 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 3,419,9133.4m $321.4m $321.4m 0.02% Added +390.1k +390,116
3 OpenArc Corporate Advisory, LLC 3.27% of their portfolio ATLANTA, GA 2,333,1562.3m $228.1m $228.1m 3.27% Added +662.7k +662,733
4 SAGESPRING WEALTH PARTNERS, LLC 3.76% of their portfolio FRANKLIN, TN 2,107,2222.1m $206.0m $206.0m 3.76% Reduced -245.1k -245,147
5 Quotient Wealth Partners, LLC 2.40% of their portfolio DALLAS, TX 933,031933.0k $91.2m $91.2m 2.40% Added +271.4k +271,444
6 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 463,190463.2k $45.3m $45.3m 0.01% Added +127.8k +127,761
7 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 415,473415.5k $40.6m $40.6m 0.01% Added +160.7k +160,674
8 WCG Wealth Advisors LLC 1.00% of their portfolio LAS VEGAS, NV 363,898363.9k $35.6m $35.6m 1.00% Added +4.1k +4,059
9 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 223,688223.7k $21.9m $21.9m 0.00% Added +223.6k +223,638
10 UNIQUE WEALTH, LLC 2.33% of their portfolio TAMPA, FL 172,606172.6k $16.9m $16.9m 2.33% Added +5.3k +5,282
11 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 163,032163.0k $15.9m $15.9m 0.01% Added +158.1k +158,077
12 ASPIRIANT, LLC 0.45% of their portfolio San Francisco, CA 160,006160.0k $15.6m $15.6m 0.45% Added +12.9k +12,927
13 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 156,011156.0k $15.3m $15.3m 0.02% Added +141.6k +141,624
14 Centerline Wealth Advisors, LLC 5.28% of their portfolio LOUISVILLE, KY 150,166150.2k $14.7m $14.7m 5.28% Reduced -336 -336
15 Mariner, LLC 0.02% of their portfolio Overland Park, KS 138,211138.2k $13.5m $13.5m 0.02% Added +14.2k +14,197
16 Procyon Advisors, LLC 0.65% of their portfolio SHELTON, CT 135,106135.1k $13.2m $13.2m 0.65% Added +16.5k +16,486
17 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.39% of their portfolio BOSTON, MA 105,340105.3k $10.3m $10.3m 0.39% Unchanged
18 Quadcap Wealth Management, LLC 1.06% of their portfolio Frisco, TX 95,35295.4k $9.3m $9.3m 1.06% Added +9.1k +9,127
19 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 90,55990.6k $8.9m $8.9m 0.00% Added +54.9k +54,876
20 Storen Legacy Partners, LLC 2.72% of their portfolio ZIONSVILLE, IN 88,81988.8k $8.7m $8.7m 2.72% New
21 Valence8 US LP 2.91% of their portfolio Cambridge, MA 85,19985.2k $8.3m $8.3m 2.91% Reduced -79.7k -79,651
22 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 83,44883.4k $8.2m $8.2m 0.02% Added +2.6k +2,603
23 Principle Wealth Partners LLC 0.46% of their portfolio MADISON, CT 82,82982.8k $8.1m $8.1m 0.46% Added +34.9k +34,852
24 Venture Visionary Partners LLC 0.27% of their portfolio Sylvania, OH 82,15482.2k $8.0m $8.0m 0.27% Added +489 +489
25 WJ Wealth Management, LLC 3.32% of their portfolio GLENDALE, AZ 72,46372.5k $7.1m $7.1m 3.32% Added +1.4k +1,362
26 ALBION FINANCIAL GROUP /UT 0.45% of their portfolio SALT LAKE CITY, UT 71,64771.6k $7.0m $7.0m 0.45% Reduced -925 -925
27 ADAPT WEALTH ADVISORS, LLC 2.03% of their portfolio ATLANTA, GA 57,22657.2k $5.6m $5.6m 2.03% Added +1.1k +1,149
28 AVALON CAPITAL MANAGEMENT 1.52% of their portfolio Port Of Redwood City, CA 55,10755.1k $5.4m $5.4m 1.52% Reduced -16.6k -16,628
29 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 54,14754.1k $5.3m $5.3m 0.01% Added +24.8k +24,849
30 Cyndeo Wealth Partners, LLC 0.26% of their portfolio ST. PETERSBURG, FL 50,97551.0k $5.0m $5.0m 0.26% Added +1.1k +1,081
31 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 47,62547.6k $4.7m $4.7m 0.00% Added +29.0k +28,992
32 TCW GROUP INC 0.03% of their portfolio LOS ANGELES, CA 39,22639.2k $3.8m $3.8m 0.03% Added +10.4k +10,404
33 Cassady Wealth & Retirement Planning, LLC 1.89% of their portfolio HENDERSON, NV 32,33532.3k $3.6m $3.6m 1.89% Added +8.3k +8,270
34 Bridgewealth Advisory Group, LLC 0.63% of their portfolio Fresno, CA 31,07731.1k $3.0m $3.0m 0.63% Added +11.5k +11,479
35 KPP Advisory Services LLC 0.44% of their portfolio Louisville, KY 30,82130.8k $3.0m $3.0m 0.44% Added +20.0k +19,966
36 3EDGE Asset Management, LP 0.13% of their portfolio Naples, FL 28,22328.2k $2.8m $2.8m 0.13% Added +5.1k +5,122
37 Smart Portfolios, LLC 2.73% of their portfolio LAKE FOREST PARK, WA 27,96628.0k $2.7m $2.7m 2.73% Added +596 +596
38 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 27,47127.5k $2.7m $2.7m 0.01% Added +22.6k +22,627
39 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 26,46426.5k $2.6m $2.6m 0.02% Reduced -3.2k -3,172
40 TritonPoint Partners, LLC 0.93% of their portfolio CHEVY CHASE, MD 25,82025.8k $2.5m $2.5m 0.93% Added +12.4k +12,375
41 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 22,93822.9k $2.2m $2.2m 0.01% Added +3.0k +3,026
42 Arete Wealth Advisors, LLC 0.17% of their portfolio CHICAGO, IL 22,85322.9k $2.2m $2.2m 0.17% New
43 Financial Insights, Inc. 0.72% of their portfolio TACOMA, WA 22,84822.8k $2.2m $2.2m 0.72% Added +885 +885
44 BELLEVUE ASSET MANAGEMENT, LLC 1.06% of their portfolio BELLEVUE, WA 21,67221.7k $2.1m $2.1m 1.06% Added +340 +340
45 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 21,04521.0k $2.1m $2.1m 0.00% New
46 TSFG, LLC 0.31% of their portfolio LAKE FOREST, IL 20,99821.0k $2.1m $2.1m 0.31% Added +420 +420
47 Cardinal Point Capital Management ULC 0.12% of their portfolio TORONTO, A6 20,20920.2k $2.0m $2.0m 0.12% New
48 Sloy Dahl & Holst, LLC 0.25% of their portfolio Vancouver, WA 18,62918.6k $1.8m $1.8m 0.25% Added +1.2k +1,234
49 Dakota Wealth Management 0.04% of their portfolio PALM BEACH GARDENS, FL 18,39518.4k $1.8m $1.8m 0.04% Added +5.5k +5,492
50 DecisionMap Wealth Management, LLC 1.16% of their portfolio GREAT FALLS, VA 18,30818.3k $1.8m $1.8m 1.16% Added +4.2k +4,174
51 TFC Financial Management, Inc. 0.18% of their portfolio BOSTON, MA 15,14515.1k $1.5m $1.5m 0.18% Reduced -2.1k -2,146
52 CAPITAL WEALTH MANAGEMENT, LLC 0.40% of their portfolio W. WARWICK, RI 15,14315.1k $1.5m $1.5m 0.40% Added +1.5k +1,456
53 Portside Wealth Group, LLC 0.19% of their portfolio Provo, UT 14,41114.4k $1.4m $1.4m 0.19% Added +1.4k +1,355
54 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 13,91413.9k $1.4m $1.4m 0.01% Added +1.4k +1,373
55 SFG Wealth Management, LLC. 0.55% of their portfolio TOWSON, MD 13,66513.7k $1.3m $1.3m 0.55% Reduced -7.2k -7,226
56 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 13,35413.4k $944.4k $944.4k 0.00% Reduced -14.0k -14,036
57 Millstone Evans Group, LLC 0.71% of their portfolio BOULDER, CO 12,16212.2k $1.2m $1.2m 0.71% Added +1.3k +1,273
58 PUREfi Wealth, LLC 0.71% of their portfolio BOSTON, MA 11,15711.2k $1.1m $1.1m 0.71% Added +2.6k +2,621
59 MGO ONE SEVEN LLC 0.02% of their portfolio Beachwood, OH 10,75310.8k $1.1m $1.1m 0.02% Reduced -145 -145
60 MATHER GROUP, LLC. 0.01% of their portfolio CHICAGO, IL 10,55710.6k $1.0m $1.0m 0.01% New
61 Fairvoy Private Wealth, LLC 0.24% of their portfolio BIRMINGHAM, AL 10,47110.5k $1.0m $1.0m 0.24% Added +477 +477
62 Visionary Wealth Advisors 0.04% of their portfolio O'FALLON, IL 10,20610.2k $997.8k $997.8k 0.04% Added +803 +803
63 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 10,04310.0k $981.9k $981.9k 0.01% New
64 Ascentis Independent Advisors 0.07% of their portfolio DALLAS, TX 9,5009.5k $928.8k $928.8k 0.07% Added +1.1k +1,050
65 First Heartland Consultants, Inc. 0.07% of their portfolio LAKE ST. LOUIS, MO 9,1559.2k $895.0k $895.0k 0.07% Reduced -1.3k -1,327
66 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 9,0659.1k $886.2k $886.2k 0.00% Added +2.9k +2,910
67 Trademark Financial Management, LLC 0.41% of their portfolio Bloomington, MN 8,4788.5k $828.9k $828.9k 0.41% Added +172 +172
68 Traveka Wealth, LLC 0.29% of their portfolio LOS ALTOS, CA 7,8767.9k $770.0k $770.0k 0.29% Added +1.0k +1,002
69 BECKER CAPITAL MANAGEMENT INC 0.02% of their portfolio Portland, OR 7,4007.4k $723.5k $723.5k 0.02% Reduced -576 -576
70 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 7,3187.3k $715.0k $715.0k 0.00% Added +836 +836
71 Geneos Wealth Management Inc. 0.02% of their portfolio ENGLEWOOD, CO 7,2047.2k $704.3k $704.3k 0.02% Reduced -100 -100
72 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 6,9186.9k $717.9k $717.9k 0.00% Added +2.0k +1,975
73 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 6,7376.7k $658.6k $658.6k 0.00% New
74 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 6,6746.7k $653.0k $653.0k 0.00% Reduced -748 -748
75 Quadrature Capital Ltd 0.01% of their portfolio LONDON, X0 6,2476.2k $610.7k $610.7k 0.01% New
76 Gateway Wealth Partners, LLC 0.02% of their portfolio APPLETON, WI 5,7225.7k $559.4k $559.4k 0.02% Added +2.8k +2,842
77 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 5,5965.6k $547.1k $547.1k 0.00% New
78 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 4,9775.0k $486.6k $486.6k 0.00% Reduced -10.1k -10,110
79 Roberts Wealth Advisors, LLC 0.11% of their portfolio PALO ALTO, CA 4,5444.5k $444.2k $444.2k 0.11% Unchanged
80 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 4,5164.5k $442.0k $442.0k 0.00% Added +809 +809
81 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 4,1464.1k $405.3k $405.3k 0.01% New
82 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 4,0864.1k $399.5k $399.5k 0.00% New
83 Advisor OS, LLC 0.02% of their portfolio CHICAGO, IL 3,5303.5k $345.1k $345.1k 0.02% Reduced -99 -99
84 Rare Wolf Capital LLC 0.22% of their portfolio BELLEVUE, WA 3,4503.5k $337.3k $337.3k 0.22% Unchanged
85 REDW Wealth LLC 0.13% of their portfolio ALBUQUERQUE, NM 3,3373.3k $326.2k $326.2k 0.13% Unchanged
86 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 3,3063.3k $323.2k $323.2k 0.00% New
87 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 3,1703.2k $309.0k $309.0k 0.00% New
88 SCS Capital Management LLC 0.00% of their portfolio BOSTON, MA 3,1613.2k $309.0k $309.0k 0.00% Added +88 +88
89 One Capital Management, LLC 0.01% of their portfolio WESTLAKE VILLAGE, CA 3,1343.1k $306.4k $306.4k 0.01% Reduced -2.8k -2,769
90 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 3,0983.1k $302.9k $302.9k 0.00% Reduced -133 -133
91 Atlantic Union Bankshares Corp 0.01% of their portfolio GLEN ALLEN, VA 3,0003.0k $293.3k $293.3k 0.01% Unchanged
92 Argyle Capital Partners, LLC 0.21% of their portfolio LOS ANGELES, CA 2,9843.0k $291.7k $291.7k 0.21% Reduced -212 -212
93 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 2,9753.0k $290.9k $290.9k 0.00% Reduced -200 -200
94 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,9232.9k $285.8k $285.8k 0.00% Added +558 +558
95 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 2,6922.7k $263.2k $263.2k 0.00% New
96 Fusion Capital, LLC 0.07% of their portfolio MT. PLEASANT, SC 2,6382.6k $257.9k $257.9k 0.07% New
97 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 2,6122.6k $255.4k $255.4k 0.00% Added +11 +11
98 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 2,5312.5k $247.4k $247.4k 0.00% Unchanged
99 LEAVELL INVESTMENT MANAGEMENT, INC. 0.01% of their portfolio MOBILE, AL 2,4742.5k $241.9k $241.9k 0.01% Unchanged
100 WealthTrust Asset Management, LLC 0.14% of their portfolio Destin, FL 2,3612.4k $230.8k $230.8k 0.14% Added +122 +122