Vault-13

EXCHANGE TRADED CONCEPTS TRU EMQQ

EMQQ EM INTERN · ETP · CUSIP 301505889

97 institutional holders +3 vs Q2 2025
3,777,4433.8m shares reported held*
$175.4mreported value*
12 new 30 added 33 reduced 7 sold out net sold ≈ $1.9m (-41.6k 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. Holder counts are more reliable. Implied quarter-end price ≈ $46.42. Options: 1 managers hold calls ($1.1m notional), 0 hold puts (—).

Trends to Q3 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: 94Q3 25: 9797Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 202597

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 23: 36 bought or addedQ4 23: 68 cut or sold outQ1 24: 32 bought or addedQ1 24: 67 cut or sold outQ1 24Q2 24: 32 bought or addedQ2 24: 68 cut or sold outQ3 24: 31 bought or addedQ3 24: 49 cut or sold outQ3 24Q4 24: 34 bought or addedQ4 24: 48 cut or sold outQ1 25: 36 bought or addedQ1 25: 48 cut or sold outQ1 25Q2 25: 32 bought or addedQ2 25: 51 cut or sold outQ3 25: 42 bought or addedQ3 25: 40 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20233668
Q1 20243267
Q2 20243268
Q3 20243149
Q4 20243448
Q1 20253648
Q2 20253251
Q3 20254240

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ4 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 0.39Q3 25 calls: $1.1mQ3 25 puts: $0Q3 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2024$1.1m$106.9k0.10
Q1 2025$885.3k$106.8k0.12
Q2 2025$1.1m$416.7k0.39
Q3 2025$1.1m$00.00

Biggest buyers

Outlook Wealth Advisors, LLC New +81,614+81.6k
MORGAN STANLEY Added +31,518+31.5k
OSAIC HOLDINGS, INC. Added +22,326+22.3k
UBS Group AG Added +12,881+12.9k
CITADEL ADVISORS LLC Added +12,541+12.5k
TWIN FOCUS CAPITAL PARTNERS, LLC New +8,495+8.5k
Moran Wealth Management, LLC Added +7,828+7.8k
MML INVESTORS SERVICES, LLC Added +5,702+5.7k
Beacon Pointe Advisors, LLC New +5,541+5.5k
EMC Capital Management New +5,220+5.2k

Biggest sellers

ROYAL BANK OF CANADA Reduced -132,559-132.6k
Grove Street Fiduciary, LLC Reduced -48,303-48.3k
OLD MISSION CAPITAL LLC Reduced -33,444-33.4k
FLOW TRADERS U.S. LLC Sold out -17,068-17.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -13,057-13.1k
Corient Private Wealth LP Reduced -9,406-9.4k
White Knight Strategic Wealth Advisors, LLC Reduced -3,899-3.9k
STIFEL FINANCIAL CORP Reduced -3,202-3.2k
BANK OF AMERICA CORP /DE/ Sold out -2,584-2.6k
Ellis Investment Partners, LLC Reduced -1,818-1.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.1m23.2k 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, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Grove Street Fiduciary, LLC 17.88% of their portfolio PETERBOROUGH, NH 814,482814.5k $37.8m $37.8m 17.88% Reduced -48.3k -48,303
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 665,661665.7k $30.9m $30.9m 0.00% Added +31.5k +31,518
3 UBS Group AG 0.00% of their portfolio ZURICH, V8 282,860282.9k $13.1m $13.1m 0.00% Added +12.9k +12,881
4 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 231,744231.7k $10.8m $10.8m 0.00% Added +696 +696
5 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 204,540204.5k $9.5m $9.5m 0.04% Reduced -865 -865
6 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 157,601157.6k $7.3m $7.3m 0.00% Reduced -132.6k -132,559
7 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 136,270136.3k $6.3m $6.3m 0.00% Added +2.3k +2,344
8 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 133,060133.1k $6.2m $6.2m 0.01% Added +4.6k +4,561
9 Outlook Wealth Advisors, LLC 0.94% of their portfolio SHENANDOAH, TX 81,61481.6k $3.8m $3.8m 0.94% New
10 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 80,81180.8k $3.8m $3.8m 0.00% Added +2.4k +2,404
11 RPg Family Wealth Advisory, LLC 0.66% of their portfolio BURLINGTON, MA 64,89264.9k $3.0m $3.0m 0.66% Added +842 +842
12 J.W. COLE ADVISORS, INC. 0.05% of their portfolio TAMPA, FL 61,68561.7k $2.9m $2.9m 0.05% Reduced -268 -268
13 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 58,23258.2k $2.7m $2.7m 0.00% Reduced -9.4k -9,406
14 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 52,10852.1k $2.4m $2.4m 0.01% Reduced -1.8k -1,778
15 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 48,38948.4k $2.2m $2.2m 0.00% Reduced -3.2k -3,202
16 Prospera Financial Services Inc 0.04% of their portfolio Dallas, TX 47,01647.0k $2.2m $2.2m 0.04% Added +2.8k +2,758
17 Twelve Points Wealth Management LLC 0.48% of their portfolio CONCORD, MA 41,72241.7k $1.9m $1.9m 0.48% Reduced -635 -635
18 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 39,74039.7k $1.8m $1.8m 0.00% Added +12.5k +12,541
19 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 38,14238.1k $1.8m $1.8m 0.00% Added +2.1k +2,138
20 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 38,10538.1k $1.7m $1.7m 0.00% Added +22.3k +22,326
21 Greykasell Wealth Strategies, Inc. 0.68% of their portfolio DANVILLE, CA 34,61234.6k $1.6m $1.6m 0.68% Reduced -1.2k -1,221
22 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 26,50626.5k $1.2m $1.2m 0.00% Added +2.5k +2,545
23 White Knight Strategic Wealth Advisors, LLC 0.96% of their portfolio PRINCETON, NJ 26,25626.3k $1.2m $1.2m 0.96% Reduced -3.9k -3,899
24 Ellis Investment Partners, LLC 0.22% of their portfolio Berwyn, PA 26,17726.2k $1.2m $1.2m 0.22% Reduced -1.8k -1,818
25 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 24,08824.1k $1.1m $1.1m 0.01% Added +4.2k +4,174
26 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 19,58619.6k $909.5k $909.5k 0.00% Reduced -13.1k -13,057
27 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 18,76318.8k $871.3k $871.3k 0.02% Added +2.6k +2,637
28 SOL Capital Management CO 0.08% of their portfolio ROCKVILLE, MD 18,20318.2k $845.0k $845.0k 0.08% Reduced -488 -488
29 Wealthfront Advisers LLC 0.00% of their portfolio Palo Alto, CA 17,77217.8k $825.2k $825.2k 0.00% Reduced -1.4k -1,431
30 Moran Wealth Management, LLC 0.02% of their portfolio NAPLES, FL 17,35917.4k $806.1k $806.1k 0.02% Added +7.8k +7,828
31 Opulen Financial Group LLC 0.60% of their portfolio ARLINGTON, VA 16,91616.9k $785.5k $785.5k 0.60% Reduced -1.4k -1,372
32 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 15,09515.1k $700.9k $700.9k 0.00% Added +10 +10
33 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 13,77113.8k $639.5k $639.5k 0.00% Added +5.7k +5,702
34 Prospect Financial Services LLC 0.35% of their portfolio MELVILLE, NY 13,08013.1k $607.4k $607.4k 0.35% Added +1.8k +1,765
35 Ethos Financial Group, LLC 0.05% of their portfolio KING OF PRUSSIA, PA 12,85712.9k $597.0k $597.0k 0.05% Added +500 +500
36 OLD MISSION CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 10,94710.9k $508.3k $508.3k 0.02% Reduced -33.4k -33,444
37 Glen Eagle Advisors, LLC 0.07% of their portfolio KINGSTON, NJ 10,74610.7k $499.0k $499.0k 0.07% Added +233 +233
38 Ausdal Financial Partners, Inc. 0.02% of their portfolio Davenport, IA 10,54910.5k $489.8k $489.8k 0.02% Added +981 +981
39 Venturi Wealth Management, LLC 0.02% of their portfolio AUSTIN, TX 10,40210.4k $483.0k $483.0k 0.02% Reduced -1.1k -1,114
40 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 10,38610.4k $482.3k $482.3k 0.00% Reduced -1.6k -1,581
41 Regal Investment Advisors LLC 0.03% of their portfolio KENTWOOD, MI 9,5589.6k $443.8k $443.8k 0.03% Added +2.8k +2,818
42 Goldstein Advisors, LLC 0.05% of their portfolio Madison, WI 9,3269.3k $433.1k $433.1k 0.05% Reduced -322 -322
43 Rothschild Wealth LLC 0.09% of their portfolio OAK BROOK, IL 8,5918.6k $398.9k $398.9k 0.09% Reduced -415 -415
44 TWIN FOCUS CAPITAL PARTNERS, LLC 0.05% of their portfolio Boston, MA 8,4958.5k $394.5k $394.5k 0.05% New
45 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 8,1928.2k $380.4k $380.4k 0.00% Added +2.2k +2,156
46 Versant Capital Management, Inc 0.05% of their portfolio PHOENIX, AZ 7,9618.0k $369.7k $369.7k 0.05% Unchanged
47 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 6,6676.7k $309.6k $309.6k 0.00% Unchanged
48 Western Wealth Management, LLC 0.02% of their portfolio GOLDEN, CO 6,5356.5k $303.4k $303.4k 0.02% Unchanged
49 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 6,0506.0k $280.9k $280.9k 0.00% Unchanged
50 HBW ADVISORY SERVICES LLC 0.03% of their portfolio SIMI VALLEY, CA 5,8825.9k $273.1k $273.1k 0.03% Reduced -372 -372
51 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 5,5415.5k $257.3k $257.3k 0.00% New
52 Centurion Wealth Management LLC 0.06% of their portfolio Mclean, VA 5,5315.5k $256.8k $256.8k 0.06% Reduced -228 -228
53 EMC Capital Management 0.11% of their portfolio HOUSTON, TX 5,2205.2k $242.0k $242.0k 0.11% New
54 OneDigital Investment Advisors LLC 0.00% of their portfolio OVERLAND PARK, KS 5,0735.1k $235.6k $235.6k 0.00% Reduced -177 -177
55 Heritage Wealth Management, Inc. /CA/ 0.16% of their portfolio SAN DIEGO, CA 4,9845.0k $231.4k $231.4k 0.16% Reduced -183 -183
56 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 4,8004.8k $222.9k $222.9k 0.00% Unchanged
57 COMERICA BANK 0.00% of their portfolio DALLAS, TX 4,0754.1k $189.2k $189.2k 0.00% Added +600 +600
58 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 3,6653.7k $170.2k $170.2k 0.00% New
59 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 3,5003.5k $162.4k $162.4k 0.00% New
60 SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio WINSTON-SALEM, NC 3,3713.4k $156.5k $156.5k 0.00% Unchanged
61 CWM, LLC 0.00% of their portfolio OMAHA, NE 2,5472.5k $118.0k $118.0k 0.00% Added +1.4k +1,425
62 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 2,3362.3k $108.4k $108.4k 0.00% Reduced -345 -345
63 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 2,1002.1k $97.5k $97.5k 0.00% New
64 Future Financial Wealth Managment LLC 0.06% of their portfolio CINCINNATI, OH 2,0362.0k $94.5k $94.5k 0.06% Reduced -300 -300
65 Capital Analysts, LLC 0.00% of their portfolio FORT WASHINGTON, PA 1,6421.6k $76.0k $76.0k 0.00% Unchanged
66 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 1,3621.4k $63.2k $63.2k 0.00% Unchanged
67 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,3291.3k $61.7k $61.7k 0.00% Reduced -1 -1
68 SUMITOMO MITSUI FINANCIAL GROUP, INC. 0.00% of their portfolio TOKYO, M0 911911 $42.3k $42.3k 0.00% Added +122 +122
69 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 699699 $32.5k $32.5k 0.00% Reduced -101 -101
70 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 685685 $31.8k $31.8k 0.00% Unchanged
71 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 656656 $30.5k $30.5k 0.00% New
72 Hanson & Doremus Investment Management 0.00% of their portfolio BURLINGTON, VT 610610 $28.0k $28.0k 0.00% Reduced -1.2k -1,152
73 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 594594 $27.6k $27.6k 0.00% Added +83 +83
74 WHITTIER TRUST CO 0.00% of their portfolio SOUTH PASADENA, CA 480480 $22.4k $22.4k 0.00% Unchanged
75 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 465465 $21.6k $21.6k 0.00% Reduced -35 -35
76 OPTIMUM INVESTMENT ADVISORS 0.01% of their portfolio Chicago, IL 400400 $18.6k $18.6k 0.01% Unchanged
77 FMR LLC 0.00% of their portfolio BOSTON, MA 368368 $17.1k $17.1k 0.00% Reduced -88 -88
78 ARCADIA INVESTMENT MANAGEMENT CORP/MI 0.00% of their portfolio KALAMAZOO, MI 340340 $15.8k $15.8k 0.00% Added +325 +325
79 Financial Perspectives, Inc 0.00% of their portfolio MINNEAPOLIS, MN 289289 $13.4k $13.4k 0.00% Unchanged
80 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 266266 $12.4k $12.4k 0.00% Added +83 +83
81 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 245245 $11.4k $11.4k 0.00% Unchanged
82 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 242242 $11.2k $11.2k 0.00% Added +103 +103
83 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 161161 $7.5k $7.5k 0.00% Unchanged
84 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 150150 $7.0k $7.0k 0.00% New
85 Physician Wealth Advisors, Inc. 0.00% of their portfolio MIDVALE, UT 144144 $6.7k $6.7k 0.00% Unchanged
86 Legacy Wealth Managment, LLC/ID 0.00% of their portfolio BOISE, ID 144144 $6.7k $6.7k 0.00% New
87 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 140140 $6.5k $6.5k 0.00% Reduced -349 -349
88 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 100100 $4.6k $4.6k 0.00% Reduced -655 -655
89 PENSION & WEALTH MANAGEMENT ADVISORS, INC. 0.00% of their portfolio WALTHAM, MA 6060 $2.8k $2.8k 0.00% Unchanged
90 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 5959 $2.7k $2.7k 0.00% New
91 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 4040 $1.9k $1.9k 0.00% New
92 Solstein Capital, LLC 0.00% of their portfolio Menlo Park, CA 2929 $1.3k $1.3k 0.00% Unchanged
93 Key Financial Inc 0.00% of their portfolio WEST CHESTER, PA 2020 $928 $928 0.00% Unchanged
94 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1515 $697 $697 0.00% Unchanged
95 High Note Wealth, LLC 0.00% of their portfolio DEEPHAVEN, MN 1414 $650 $650 0.00% Unchanged
96 Anfield Capital Management, LLC 0.00% of their portfolio IRVINE, CA 33 $139 $139 0.00% Unchanged
97 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 00 $8 $8 0.00% Unchanged