Vault-13

GLOBAL X FDS ARGT

GB MSCI AR ETF · ETP · CUSIP 37950E259

96 institutional holders +11 vs Q1 2026
2,728,9562.7m shares reported held*
$249.3mreported value*
28 new 18 added 28 reduced 19 sold out net sold ≈ $16.9m (-185.1k 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 ≈ $91.35. Options: 4 managers hold calls ($24.0m notional), 3 hold puts ($4.2m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 13Q4 22: 17Q1 23: 18Q2 23: 22Q3 23: 25Q4 23: 39Q1 24: 47Q2 24: 54Q3 24: 65Q4 24: 99Q1 25: 126Q2 25: 124Q3 25: 90Q4 25: 93Q1 26: 85Q2 26: 9696Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202213
Q4 202217
Q1 202318
Q2 202322
Q3 202325
Q4 202339
Q1 202447
Q2 202454
Q3 202465
Q4 202499
Q1 2025126
Q2 2025124
Q3 202590
Q4 202593
Q1 202685
Q2 202696

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 42 bought or addedQ3 24: 22 cut or sold outQ4 24: 71 bought or addedQ4 24: 26 cut or sold outQ4 24Q1 25: 83 bought or addedQ1 25: 50 cut or sold outQ2 25: 66 bought or addedQ2 25: 59 cut or sold outQ2 25Q3 25: 47 bought or addedQ3 25: 76 cut or sold outQ4 25: 43 bought or addedQ4 25: 56 cut or sold outQ4 25Q1 26: 37 bought or addedQ1 26: 48 cut or sold outQ2 26: 46 bought or addedQ2 26: 47 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20244222
Q4 20247126
Q1 20258350
Q2 20256659
Q3 20254776
Q4 20254356
Q1 20263748
Q2 20264647

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ3 25 calls: $13.0mQ3 25 puts: $9.5mQ3 25P/C 0.73Q4 25 calls: $13.0mQ4 25 puts: $11.4mQ4 25P/C 0.88Q1 26 calls: $7.5mQ1 26 puts: $6.4mQ1 26P/C 0.86Q2 26 calls: $24.0mQ2 26 puts: $4.2mQ2 26P/C 0.18
Numbers
QuarterCallsPutsP/C
Q3 2025$13.0m$9.5m0.73
Q4 2025$13.0m$11.4m0.88
Q1 2026$7.5m$6.4m0.86
Q2 2026$24.0m$4.2m0.18

Biggest buyers

MORGAN STANLEY Added +195,536+195.5k
Kirkoswald Asset Management LLC New +100,000+100.0k
CITADEL ADVISORS LLC Added +63,093+63.1k
CAISSE DES DEPOTS ET CONSIGNATIONS New +48,000+48.0k
CAPITOLIS LIQUID GLOBAL MARKETS LLC New +46,596+46.6k
Journey Advisory Group, LLC New +41,267+41.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +32,728+32.7k
GTS SECURITIES LLC New +29,416+29.4k
Bank Julius Baer & Co. Ltd, Zurich Added +23,994+24.0k
EVERGREEN CAPITAL MANAGEMENT LLC New +14,715+14.7k

Biggest sellers

Breakout Capital Partners, LP Sold out -243,400-243.4k
UBS Group AG Reduced -159,155-159.2k
STATE OF WISCONSIN INVESTMENT BOARD Sold out -128,000-128.0k
Varma Mutual Pension Insurance Co Sold out -64,599-64.6k
Duquesne Family Office LLC Reduced -58,600-58.6k
NATIONAL BANK OF CANADA /FI/ Reduced -50,575-50.6k
GOLDMAN SACHS GROUP INC Sold out -29,337-29.3k
Activest Wealth Management Reduced -22,866-22.9k
Cavalier Investments, LLC Sold out -22,761-22.8k
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD Sold out -19,000-19.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $15.9m174.0k shares
Kirkoswald Asset Management LLC New $4.6m50.0k shares
Caption Management, LLC New $2.3m25.0k shares
CITADEL ADVISORS LLC Reduced $1.3m14.2k shares

Biggest puts

CITADEL ADVISORS LLC Added $2.8m31.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.1m11.8k shares
IMC-Chicago, LLC Reduced $328.7k3.6k 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, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 945,964946.0k $86.4m $86.4m 0.00% Added +195.5k +195,536
2 Bank Julius Baer & Co. Ltd, Zurich 0.08% of their portfolio ZURICH, V8 346,106346.1k $31.7m $31.7m 0.08% Added +24.0k +23,994
3 Duquesne Family Office LLC 0.69% of their portfolio New York, NY 328,800328.8k $30.0m $30.0m 0.69% Reduced -58.6k -58,600
4 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 103,729103.7k $9.5m $9.5m 0.01% Added +63.1k +63,093
5 Kirkoswald Asset Management LLC 54.39% of their portfolio NEW YORK, NY 100,000100.0k $9.1m $9.1m 54.39% New
6 NLB Skladi, upravljanje premozenja, d.o.o. 0.26% of their portfolio Ljubljana, 2A 74,50074.5k $6.8m $6.8m 0.26% Reduced -5.0k -5,000
7 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 63,46563.5k $5.8m $5.8m 0.00% Reduced -12.3k -12,310
8 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 56,47356.5k $5.2m $5.2m 0.00% Added +2.1k +2,060
9 ALTFEST L J & CO INC 0.49% of their portfolio NEW YORK, NY 55,52455.5k $5.1m $5.1m 0.49% Reduced -10.4k -10,405
10 CAISSE DES DEPOTS ET CONSIGNATIONS 0.07% of their portfolio PARIS, I0 48,00048.0k $4.4m $4.4m 0.07% New
11 CAPITOLIS LIQUID GLOBAL MARKETS LLC 0.02% of their portfolio NEW YORK, NY 46,59646.6k $4.3m $4.3m 0.02% New
12 Journey Advisory Group, LLC 0.29% of their portfolio COVINGTON, KY 41,26741.3k $3.8m $3.8m 0.29% New
13 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 32,72832.7k $3.0m $3.0m 0.00% New
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 31,28931.3k $2.9m $2.9m 0.00% Reduced -7.2k -7,154
15 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 30,20430.2k $2.8m $2.8m 0.00% Reduced -3.1k -3,109
16 GTS SECURITIES LLC 0.06% of their portfolio NEW YORK, NY 29,41629.4k $2.7m $2.7m 0.06% New
17 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 27,09527.1k $2.5m $2.5m 0.00% Added +13.7k +13,667
18 Clear Creek Financial Management, LLC 0.15% of their portfolio SILVERDALE, WA 25,26625.3k $2.3m $2.3m 0.15% Reduced -298 -298
19 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 20,72320.7k $1.9m $1.9m 0.01% Reduced -1.8k -1,809
20 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 18,74818.7k $1.7m $1.7m 0.00% Added +4.6k +4,633
21 EVERGREEN CAPITAL MANAGEMENT LLC 0.02% of their portfolio Bellevue, WA 14,71514.7k $1.3m $1.3m 0.02% New
22 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 13,91013.9k $1.3m $1.3m 0.00% Reduced -556 -556
23 Canal Insurance CO 0.25% of their portfolio Greenville, SC 12,60012.6k $1.1m $1.1m 0.25% Added +10.0k +10,030
24 Legacy Bridge, LLC 0.35% of their portfolio WEST DES MOINES, IA 12,56512.6k $1.1m $1.1m 0.35% Reduced -215 -215
25 Activest Wealth Management 0.21% of their portfolio AVENTURA, FL 11,65811.7k $1.1m $1.1m 0.21% Reduced -22.9k -22,866
26 Savvy Advisors, Inc. 0.02% of their portfolio NEW YORK, NY 11,65111.7k $1.1m $1.1m 0.02% Added +169 +169
27 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 11,58911.6k $1.1m $1.1m 0.00% Added +4.4k +4,356
28 Sowell Financial Services LLC 0.03% of their portfolio NORTH LITTLE ROCK, AR 10,66010.7k $973.3k $973.3k 0.03% Reduced -189 -189
29 Revisor Wealth Management LLC 0.23% of their portfolio AKRON, OH 10,37910.4k $951.0k $951.0k 0.23% Added +3.5k +3,486
30 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 9,0769.1k $828.6k $828.6k 0.00% Added +259 +259
31 NWI MANAGEMENT LP 0.05% of their portfolio NEW YORK, NY 8,9008.9k $813.0k $813.0k 0.05% Reduced -8.9k -8,900
32 Lane Generational LLC 0.70% of their portfolio Palm Beach, FL 8,7378.7k $797.7k $797.7k 0.70% New
33 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 8,7208.7k $796.1k $796.1k 0.00% Reduced -440 -440
34 SIH Partners, LLLP 0.03% of their portfolio Wilmington, DE 8,2378.2k $752.0k $752.0k 0.03% New
35 OceanIQ Capital, LLC 0.41% of their portfolio PALO ALTO, CA 7,2007.2k $666.7k $666.7k 0.41% First filing
36 Shay Capital LLC 0.07% of their portfolio NEW YORK, NY 7,0247.0k $641.3k $641.3k 0.07% New
37 Global Endowment Management, LP 0.06% of their portfolio CHARLOTTE, NC 6,0006.0k $548.0k $548.0k 0.06% Reduced -1.0k -1,000
38 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 5,9005.9k $538.7k $538.7k 0.00% Unchanged
39 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 5,7825.8k $527.9k $527.9k 0.00% Added +1.3k +1,282
40 RFG Holdings, Inc. 0.11% of their portfolio Argyle, TX 5,7125.7k $521.5k $521.5k 0.11% Reduced -1.4k -1,351
41 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 5,7105.7k $521.3k $521.3k 0.00% Added +963 +963
42 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 5,5905.6k $510.4k $510.4k 0.00% Unchanged
43 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 5,0935.1k $465.0k $465.0k 0.00% Added +723 +723
44 Verity Asset Management, Inc. 0.17% of their portfolio DURHAM, NC 5,0425.0k $460.3k $460.3k 0.17% New
45 Brookstone Capital Management 0.00% of their portfolio WHEATON, IL 5,0165.0k $458.0k $458.0k 0.00% Unchanged
46 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 5,0005.0k $456.5k $456.5k 0.00% Reduced -6.0k -6,000
47 National Philanthropic Trust 0.01% of their portfolio Jenkintown, PA 4,5524.6k $415.6k $415.6k 0.01% Unchanged
48 BAROMETER CAPITAL MANAGEMENT INC. 0.10% of their portfolio TORONTO, A6 4,0004.0k $365.2k $365.2k 0.10% New
49 Aprio Wealth Management, LLC 0.02% of their portfolio ATLANTA, GA 3,9794.0k $363.3k $363.3k 0.02% Unchanged
50 Diversify Advisory Services, LLC 0.01% of their portfolio SANDY, UT 3,9534.0k $370.1k $370.1k 0.01% New
51 DIVERSIFY WEALTH MANAGEMENT, LLC 0.01% of their portfolio SANDY, UT 3,9534.0k $370.1k $370.1k 0.01% New
52 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 3,7623.8k $343.5k $343.5k 0.00% Reduced -2 -2
53 WHITEBOX ADVISORS LLC 0.01% of their portfolio MINNEAPOLIS, MN 3,7503.8k $342.4k $342.4k 0.01% New
54 Whalen Wealth Management Inc. 0.15% of their portfolio LAS VEGAS, NV 3,6543.7k $333.6k $333.6k 0.15% New
55 IMC-Chicago, LLC 0.00% of their portfolio CHICAGO, IL 3,5373.5k $322.9k $322.9k 0.00% New
56 LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 0.00% of their portfolio BOSTON, MA 3,5253.5k $321.8k $321.8k 0.00% Unchanged
57 Caption Management, LLC 0.01% of their portfolio OKLAHOMA CITY, OK 3,5003.5k $319.6k $319.6k 0.01% New
58 WEXFORD CAPITAL LP 0.04% of their portfolio WEST PALM BEACH, FL 3,3633.4k $307.0k $307.0k 0.04% Added +1.1k +1,055
59 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 3,2463.2k $296.4k $296.4k 0.00% Reduced -50.6k -50,575
60 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 3,1423.1k $286.8k $286.8k 0.00% New
61 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 3,0643.1k $279.7k $279.7k 0.00% Reduced -4 -4
62 MADDEN SECURITIES Corp 0.08% of their portfolio DALLAS, TX 3,0003.0k $273.9k $273.9k 0.08% Unchanged
63 J. Safra Sarasin Holding AG 0.00% of their portfolio BASEL, V8 2,9002.9k $264.8k $264.8k 0.00% New
64 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 2,8252.8k $257.9k $257.9k 0.00% New
65 Trexquant Investment LP 0.00% of their portfolio STAMFORD, CT 2,5542.6k $233.2k $233.2k 0.00% Added +98 +98
66 Boston Partners 0.00% of their portfolio BOSTON, MA 2,5002.5k $229.7k $229.7k 0.00% New
67 Gen-Wealth Partners Inc 0.06% of their portfolio ZEELAND, MI 2,2822.3k $208.4k $208.4k 0.06% Reduced -241 -241
68 Pioneer Family Office, LLC 0.08% of their portfolio NORTH MIAMI BEACH, FL 1,6001.6k $146.1k $146.1k 0.08% Unchanged
69 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,3421.3k $122.5k $122.5k 0.00% Reduced -159.2k -159,155
70 Triumph Capital Management 0.02% of their portfolio DENVER, CO 1,2641.3k $115.4k $115.4k 0.02% Reduced -123 -123
71 Cassaday & Co Wealth Management LLC 0.00% of their portfolio MCLEAN, VA 695695 $63.5k $63.5k 0.00% Unchanged
72 FMR LLC 0.00% of their portfolio BOSTON, MA 572572 $52.2k $52.2k 0.00% Reduced -123 -123
73 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 451451 $41.2k $41.2k 0.00% Added +305 +305
74 Institute for Wealth Management, LLC. 0.00% of their portfolio DENVER, CO 450450 $41.1k $41.1k 0.00% New
75 WHITTIER TRUST CO 0.00% of their portfolio SOUTH PASADENA, CA 419419 $39.4k $39.4k 0.00% Unchanged
76 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 379379 $34.6k $34.6k 0.00% Reduced -221 -221
77 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 260260 $23.7k $23.7k 0.00% Unchanged
78 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 252252 $23.0k $23.0k 0.00% Added +4 +4
79 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 238238 $21.7k $21.7k 0.00% Reduced -3.2k -3,182
80 Smithfield Trust Co 0.00% of their portfolio PITTSBURGH, PA 237237 $22.0k $22.0k 0.00% Unchanged
81 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 233233 $21.3k $21.3k 0.00% Unchanged
82 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 200200 $18.3k $18.3k 0.00% Unchanged
83 Byrne Asset Management LLC 0.01% of their portfolio KINGSTON, NJ 150150 $13.7k $13.7k 0.01% New
84 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 120120 $11.0k $11.0k 0.00% Unchanged
85 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 119119 $10.9k $10.9k 0.00% Unchanged
86 Investors Research Corp 0.00% of their portfolio ATLANTA, GA 117117 $10.7k $10.7k 0.00% New
87 Capital Investment Advisory Services, LLC 0.00% of their portfolio RALEIGH, NC 100100 $9.1k $9.1k 0.00% Unchanged
88 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 9595 $8.7k $8.7k 0.00% Reduced -3 -3
89 IFG Advisory, LLC 0.00% of their portfolio ATLANTA, GA 8383 $7.6k $7.6k 0.00% New
90 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 7171 $6.5k $6.5k 0.00% First filing
91 Aventura Private Wealth, LLC 0.00% of their portfolio AVENTURA, FL 5555 $5.0k $5.0k 0.00% Unchanged
92 SJS Investment Consulting Inc. 0.00% of their portfolio SYLVANIA, OH 4141 $3.8k $3.8k 0.00% Reduced -8 -8
93 Essential Investment Partners LLC 0.00% of their portfolio ENGLEWOOD, CO 77 $639 $639 0.00% Unchanged
94 Acumen Wealth Advisors, LLC 0.00% of their portfolio CHATTANOOGA, TN 33 $275 $275 0.00% New
95 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 22 $183 $183 0.00% Unchanged
96 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 11 $100 $100 0.00% New