Vault-13

EXCHANGE TRADED CONCEPTS TRU EMQQ

EMQQ EM INTERN · ETP · CUSIP 301505889

94 institutional holders -6 vs Q1 2025
3,841,7823.8m shares reported held*
$160.1mreported value*
9 new 23 added 37 reduced 14 sold out net sold ≈ $8.5m (-204.4k 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 ≈ $41.67. Options: 2 managers hold calls ($1.1m notional), 1 hold puts ($416.7k).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 126Q4 22: 135Q1 23: 127Q2 23: 118Q3 23: 112Q4 23: 112Q1 24: 115Q2 24: 104Q3 24: 103Q4 24: 99Q1 25: 100Q2 25: 9494Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022126
Q4 2022135
Q1 2023127
Q2 2023118
Q3 2023112
Q4 2023112
Q1 2024115
Q2 2024104
Q3 2024103
Q4 202499
Q1 2025100
Q2 202594

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 26 bought or addedQ3 23: 66 cut or sold outQ4 23: 36 bought or addedQ4 23: 68 cut or sold outQ4 23Q1 24: 32 bought or addedQ1 24: 67 cut or sold outQ2 24: 32 bought or addedQ2 24: 68 cut or sold outQ2 24Q3 24: 31 bought or addedQ3 24: 49 cut or sold outQ4 24: 34 bought or addedQ4 24: 48 cut or sold outQ4 24Q1 25: 36 bought or addedQ1 25: 48 cut or sold outQ2 25: 32 bought or addedQ2 25: 51 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232666
Q4 20233668
Q1 20243267
Q2 20243268
Q3 20243149
Q4 20243448
Q1 20253648
Q2 20253251

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ3 24 calls: $1.4mQ3 24 puts: $35.3kQ3 24P/C 0.02Q4 24 calls: $1.1mQ4 24 puts: $106.9kQ4 24P/C 0.10Q1 25 calls: $885.3kQ1 25 puts: $106.8kQ1 25P/C 0.12Q2 25 calls: $1.1mQ2 25 puts: $416.7kQ2 25P/C 0.39
Numbers
QuarterCallsPutsP/C
Q3 2024$1.4m$35.3k0.02
Q4 2024$1.1m$106.9k0.10
Q1 2025$885.3k$106.8k0.12
Q2 2025$1.1m$416.7k0.39

Biggest buyers

ROYAL BANK OF CANADA Added +144,795+144.8k
MORGAN STANLEY Added +83,521+83.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +32,643+32.6k
LPL Financial LLC Added +30,915+30.9k
FLOW TRADERS U.S. LLC New +17,068+17.1k
NewEdge Advisors, LLC Added +11,366+11.4k
Ausdal Financial Partners, Inc. New +9,568+9.6k
Moran Wealth Management, LLC New +9,531+9.5k
CITADEL ADVISORS LLC Added +8,196+8.2k
RAYMOND JAMES FINANCIAL INC Added +7,357+7.4k

Biggest sellers

Venturi Wealth Management, LLC Reduced -391,712-391.7k
Grove Street Fiduciary, LLC Reduced -43,106-43.1k
JANE STREET GROUP, LLC Sold out -38,323-38.3k
UBS Group AG Reduced -21,391-21.4k
Gemmer Asset Management LLC Sold out -14,819-14.8k
Austin Wealth Management, LLC Sold out -14,788-14.8k
Quantinno Capital Management LP Sold out -9,781-9.8k
GWN SECURITIES INC. Sold out -9,567-9.6k
Greykasell Wealth Strategies, Inc. Reduced -7,541-7.5k
Capital Management Associates, Inc Sold out -5,776-5.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $854.2k20.5k shares
WOLVERINE TRADING, LLC New $207.4k5.0k shares

Biggest puts

CITADEL ADVISORS LLC Added $416.7k10.0k 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Grove Street Fiduciary, LLC 17.34% of their portfolio PETERBOROUGH, NH 862,785862.8k $36.0m $36.0m 17.34% Reduced -43.1k -43,106
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 634,143634.1k $26.4m $26.4m 0.00% Added +83.5k +83,521
3 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 290,160290.2k $12.1m $12.1m 0.00% Added +144.8k +144,795
4 UBS Group AG 0.00% of their portfolio ZURICH, V8 269,979270.0k $11.3m $11.3m 0.00% Reduced -21.4k -21,391
5 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 231,048231.0k $9.6m $9.6m 0.00% Added +30.9k +30,915
6 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 205,405205.4k $8.6m $8.6m 0.04% Added +11.4k +11,366
7 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 133,926133.9k $5.6m $5.6m 0.00% Added +7.4k +7,357
8 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 128,499128.5k $5.4m $5.4m 0.01% Reduced -154 -154
9 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 78,40778.4k $3.3m $3.3m 0.00% Reduced -940 -940
10 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 67,63867.6k $2.8m $2.8m 0.00% Reduced -1.3k -1,287
11 RPg Family Wealth Advisory, LLC 0.71% of their portfolio BURLINGTON, MA 64,05064.0k $2.7m $2.7m 0.71% Added +124 +124
12 J.W. COLE ADVISORS, INC. 0.05% of their portfolio TAMPA, FL 61,95362.0k $2.6m $2.6m 0.05% Reduced -809 -809
13 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 53,88653.9k $2.2m $2.2m 0.01% Reduced -625 -625
14 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 51,59151.6k $2.1m $2.1m 0.00% Added +1.8k +1,793
15 OLD MISSION CAPITAL LLC 0.05% of their portfolio CHICAGO, IL 44,39144.4k $1.8m $1.8m 0.05% Added +3.4k +3,376
16 Prospera Financial Services Inc 0.03% of their portfolio Dallas, TX 44,25844.3k $1.8m $1.8m 0.03% Reduced -1.6k -1,577
17 Twelve Points Wealth Management LLC 0.48% of their portfolio CONCORD, MA 42,35742.4k $1.8m $1.8m 0.48% Unchanged
18 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 36,00436.0k $1.5m $1.5m 0.00% Reduced -3.9k -3,925
19 Greykasell Wealth Strategies, Inc. 0.72% of their portfolio DANVILLE, CA 35,83335.8k $1.5m $1.5m 0.72% Reduced -7.5k -7,541
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 32,64332.6k $1.4m $1.4m 0.00% New
21 White Knight Strategic Wealth Advisors, LLC 1.07% of their portfolio PRINCETON, NJ 30,15530.2k $1.3m $1.3m 1.07% Reduced -2.3k -2,339
22 Ellis Investment Partners, LLC 0.23% of their portfolio Berwyn, PA 27,99528.0k $1.2m $1.2m 0.23% Reduced -478 -478
23 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 27,19927.2k $1.1m $1.1m 0.00% Added +8.2k +8,196
24 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 23,96124.0k $998.5k $998.5k 0.00% Added +454 +454
25 CW Advisors, LLC 0.01% of their portfolio BOSTON, MA 22,69322.7k $945.6k $945.6k 0.01% Reduced -940 -940
26 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 19,91419.9k $829.8k $829.8k 0.00% Added +109 +109
27 Wealthfront Advisers LLC 0.00% of their portfolio Palo Alto, CA 19,20319.2k $800.2k $800.2k 0.00% Reduced -746 -746
28 SOL Capital Management CO 0.08% of their portfolio ROCKVILLE, MD 18,69118.7k $779.0k $779.0k 0.08% Reduced -1.9k -1,946
29 Opulen Financial Group LLC 0.63% of their portfolio ARLINGTON, VA 18,28818.3k $762.1k $762.1k 0.63% Reduced -1.1k -1,149
30 FLOW TRADERS U.S. LLC 0.03% of their portfolio NEW YORK, NY 17,06817.1k $711.0k $711.0k 0.03% New
31 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 16,12616.1k $672.0k $672.0k 0.02% Added +5.5k +5,490
32 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 15,77915.8k $657.7k $657.7k 0.00% Added +647 +647
33 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 15,08515.1k $628.6k $628.6k 0.00% Reduced -138 -138
34 Ethos Financial Group, LLC 0.04% of their portfolio KING OF PRUSSIA, PA 12,35712.4k $514.9k $514.9k 0.04% Added +514 +514
35 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 11,96712.0k $498.6k $498.6k 0.00% Reduced -1.8k -1,829
36 Venturi Wealth Management, LLC 0.02% of their portfolio AUSTIN, TX 11,51611.5k $479.9k $479.9k 0.02% Reduced -391.7k -391,712
37 Prospect Financial Services LLC 0.29% of their portfolio MELVILLE, NY 11,31511.3k $471.5k $471.5k 0.29% Added +1.1k +1,075
38 Glen Eagle Advisors, LLC 0.07% of their portfolio KINGSTON, NJ 10,51310.5k $438.1k $438.1k 0.07% Added +145 +145
39 Goldstein Advisors, LLC 0.05% of their portfolio Madison, WI 9,6489.6k $402.0k $402.0k 0.05% Reduced -656 -656
40 Ausdal Financial Partners, Inc. 0.03% of their portfolio Davenport, IA 9,5689.6k $398.7k $398.7k 0.03% New
41 Moran Wealth Management, LLC 0.01% of their portfolio NAPLES, FL 9,5319.5k $397.2k $397.2k 0.01% New
42 Rothschild Wealth LLC 0.09% of their portfolio OAK BROOK, IL 9,0069.0k $375.3k $375.3k 0.09% Reduced -600 -600
43 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 8,0698.1k $336.0k $336.0k 0.00% Added +110 +110
44 Versant Capital Management, Inc 0.05% of their portfolio PHOENIX, AZ 7,9618.0k $331.7k $331.7k 0.05% Unchanged
45 Regal Investment Advisors LLC 0.02% of their portfolio KENTWOOD, MI 6,7406.7k $280.9k $280.9k 0.02% New
46 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 6,6676.7k $277.8k $277.8k 0.00% Reduced -19 -19
47 Western Wealth Management, LLC 0.02% of their portfolio GOLDEN, CO 6,5356.5k $272.3k $272.3k 0.02% Unchanged
48 HBW ADVISORY SERVICES LLC 0.03% of their portfolio SIMI VALLEY, CA 6,2546.3k $260.6k $260.6k 0.03% Reduced -1.3k -1,349
49 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 6,0506.0k $252.1k $252.1k 0.00% Unchanged
50 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 6,0366.0k $251.5k $251.5k 0.00% Reduced -1.1k -1,055
51 Centurion Wealth Management LLC 0.07% of their portfolio Mclean, VA 5,7595.8k $240.0k $240.0k 0.07% Reduced -164 -164
52 OneDigital Investment Advisors LLC 0.00% of their portfolio OVERLAND PARK, KS 5,2505.2k $218.8k $218.8k 0.00% Reduced -432 -432
53 Heritage Wealth Management, Inc. /CA/ 0.16% of their portfolio SAN DIEGO, CA 5,1675.2k $215.3k $215.3k 0.16% Reduced -401 -401
54 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 4,8004.8k $200.0k $200.0k 0.00% New
55 COMERICA BANK 0.00% of their portfolio DALLAS, TX 3,4753.5k $144.8k $144.8k 0.00% Unchanged
56 SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio WINSTON-SALEM, NC 3,3713.4k $140.5k $140.5k 0.00% Unchanged
57 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 2,6812.7k $111.3k $111.3k 0.00% Reduced -580 -580
58 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,5842.6k $107.7k $107.7k 0.00% Reduced -221 -221
59 Future Financial Wealth Managment LLC 0.07% of their portfolio CINCINNATI, OH 2,3362.3k $97.3k $97.3k 0.07% Unchanged
60 Hanson & Doremus Investment Management 0.01% of their portfolio BURLINGTON, VT 1,7621.8k $73.0k $73.0k 0.01% Reduced -260 -260
61 Capital Analysts, LLC 0.00% of their portfolio FORT WASHINGTON, PA 1,6421.6k $68.0k $68.0k 0.00% Unchanged
62 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 1,3621.4k $56.8k $56.8k 0.00% Unchanged
63 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,3301.3k $55.4k $55.4k 0.00% Reduced -4 -4
64 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,1221.1k $47.0k $47.0k 0.00% Unchanged
65 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 887887 $36.0k $36.0k 0.00% Reduced -116 -116
66 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 800800 $33.3k $33.3k 0.00% Added +101 +101
67 SUMITOMO MITSUI FINANCIAL GROUP, INC. 0.00% of their portfolio TOKYO, M0 789789 $32.9k $32.9k 0.00% Added +679 +679
68 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 755755 $31.5k $31.5k 0.00% Added +655 +655
69 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 685685 $28.5k $28.5k 0.00% Reduced -785 -785
70 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 511511 $21.3k $21.3k 0.00% Reduced -68 -68
71 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 500500 $20.8k $20.8k 0.00% New
72 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 489489 $20.4k $20.4k 0.00% New
73 WHITTIER TRUST CO 0.00% of their portfolio SOUTH PASADENA, CA 480480 $20.0k $20.0k 0.00% Reduced -483 -483
74 FMR LLC 0.00% of their portfolio BOSTON, MA 456456 $19.0k $19.0k 0.00% Added +140 +140
75 OPTIMUM INVESTMENT ADVISORS 0.01% of their portfolio Chicago, IL 400400 $16.7k $16.7k 0.01% Unchanged
76 Financial Perspectives, Inc 0.00% of their portfolio MINNEAPOLIS, MN 289289 $12.0k $12.0k 0.00% Unchanged
77 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 245245 $10.2k $10.2k 0.00% Unchanged
78 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 183183 $7.6k $7.6k 0.00% Unchanged
79 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 161161 $6.7k $6.7k 0.00% First filing
80 Physician Wealth Advisors, Inc. 0.00% of their portfolio MIDVALE, UT 144144 $6.0k $6.0k 0.00% Reduced -91 -91
81 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 139139 $5.8k $5.8k 0.00% Added +1 +1
82 TOTH FINANCIAL ADVISORY CORP 0.00% of their portfolio LEESBURG, VA 9898 $4.1k $4.1k 0.00% New
83 Transce3nd, LLC 0.00% of their portfolio BUDA, TX 6262 $2.6k $2.6k 0.00% Reduced -74 -74
84 PENSION & WEALTH MANAGEMENT ADVISORS, INC. 0.00% of their portfolio WALTHAM, MA 6060 $2.5k $2.5k 0.00% Unchanged
85 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 4242 $1.8k $1.8k 0.00% Unchanged
86 Solstein Capital, LLC 0.00% of their portfolio Menlo Park, CA 2929 $1.2k $1.2k 0.00% Added +4 +4
87 Creekmur Asset Management LLC 0.00% of their portfolio MORTON, IL 2424 $997 $997 0.00% Unchanged
88 Key Financial Inc 0.00% of their portfolio WEST CHESTER, PA 2020 $833 $833 0.00% Unchanged
89 ARCADIA INVESTMENT MANAGEMENT CORP/MI 0.00% of their portfolio KALAMAZOO, MI 1515 $626 $626 0.00% Unchanged
90 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1515 $625 $625 0.00% Unchanged
91 High Note Wealth, LLC 0.00% of their portfolio DEEPHAVEN, MN 1414 $583 $583 0.00% Unchanged
92 Anfield Capital Management, LLC 0.00% of their portfolio IRVINE, CA 33 $125 $125 0.00% Unchanged
93 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged
94 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 00 $7 $7 0.00% Unchanged