Vault-13

GLOBAL X FDS BUG

CYBRSCURTY ETF · ETP · CUSIP 37954Y384

209 institutional holders +31 vs Q1 2025
12,543,06212.5m shares reported held*
$464.9mreported value*
46 new 60 added 65 reduced 15 sold out net bought ≈ $136.1m (+3.7m 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 ($3.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $37.06. Options: 3 managers hold calls ($2.9m notional), 2 hold puts ($2.0m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 141Q4 22: 164Q1 23: 148Q2 23: 152Q3 23: 153Q4 23: 163Q1 24: 171Q2 24: 171Q3 24: 164Q4 24: 175Q1 25: 178Q2 25: 209209Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022141
Q4 2022164
Q1 2023148
Q2 2023152
Q3 2023153
Q4 2023163
Q1 2024171
Q2 2024171
Q3 2024164
Q4 2024175
Q1 2025178
Q2 2025209

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 66 bought or addedQ3 23: 54 cut or sold outQ4 23: 66 bought or addedQ4 23: 65 cut or sold outQ4 23Q1 24: 91 bought or addedQ1 24: 64 cut or sold outQ2 24: 77 bought or addedQ2 24: 73 cut or sold outQ2 24Q3 24: 55 bought or addedQ3 24: 88 cut or sold outQ4 24: 67 bought or addedQ4 24: 79 cut or sold outQ4 24Q1 25: 99 bought or addedQ1 25: 66 cut or sold outQ2 25: 106 bought or addedQ2 25: 80 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20236654
Q4 20236665
Q1 20249164
Q2 20247773
Q3 20245588
Q4 20246779
Q1 20259966
Q2 202510680

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ3 24 calls: $1.8mQ3 24 puts: $1.9mQ3 24P/C 1.03Q4 24 calls: $965.9kQ4 24 puts: $818.3kQ4 24P/C 0.85Q1 25 calls: $2.3mQ1 25 puts: $3.6mQ1 25P/C 1.56Q2 25 calls: $2.9mQ2 25 puts: $2.0mQ2 25P/C 0.68
Numbers
QuarterCallsPutsP/C
Q3 2024$1.8m$1.9m1.03
Q4 2024$965.9k$818.3k0.85
Q1 2025$2.3m$3.6m1.56
Q2 2025$2.9m$2.0m0.68

Biggest buyers

Clal Insurance Enterprises Holdings Ltd New +2,500,000+2.5m
LPL Financial LLC Added +339,943+339.9k
MORGAN STANLEY Added +217,443+217.4k
ROYAL BANK OF CANADA Added +212,340+212.3k
Crown Wealth Group, LLC New +173,234+173.2k
NWAM LLC New +93,881+93.9k
Sowell Financial Services LLC Added +67,220+67.2k
Aspire Capital Advisors LLC New +60,238+60.2k
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Added +55,442+55.4k
Spectrum Strategic Capital Management, LLC New +40,869+40.9k

Biggest sellers

POTENTIA WEALTH Sold out -123,794-123.8k
Merit Financial Group, LLC Reduced -87,571-87.6k
Whalen Wealth Management Inc. Sold out -69,557-69.6k
OSAIC HOLDINGS, INC. Reduced -53,809-53.8k
BANK OF AMERICA CORP /DE/ Reduced -38,174-38.2k
Kestra Advisory Services, LLC Reduced -32,893-32.9k
Mirae Asset Global Investments Co., Ltd. Reduced -31,390-31.4k
MML INVESTORS SERVICES, LLC Reduced -25,610-25.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -21,351-21.4k
Apella Capital, LLC Sold out -21,153-21.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.5m40.0k shares
CITADEL ADVISORS LLC Added $986.9k26.6k shares
WOLVERINE TRADING, LLC New $388.2k10.6k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.2m33.4k shares
CITADEL ADVISORS LLC Added $716.0k19.3k 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 Clal Insurance Enterprises Holdings Ltd 0.91% of their portfolio Tel-aviv, L3 2,500,0002.5m $92.8m $92.8m 0.91% New
2 Moss Adams Wealth Advisors LLC 4.79% of their portfolio SEATTLE, WA 1,421,2251.4m $52.7m $52.7m 4.79% Added +22.0k +21,952
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,116,4011.1m $41.4m $41.4m 0.00% Added +217.4k +217,443
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 903,796903.8k $33.5m $33.5m 0.01% Added +339.9k +339,943
5 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 424,182424.2k $15.7m $15.7m 0.00% Added +212.3k +212,340
6 EDMOND DE ROTHSCHILD HOLDING S.A. 0.24% of their portfolio CHAMBESY, V8 403,016403.0k $15.0m $15.0m 0.24% Added +14.4k +14,400
7 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 398,117398.1k $14.8m $14.8m 0.01% Added +5.7k +5,710
8 Mirae Asset Global Investments Co., Ltd. 0.05% of their portfolio SEOUL, M5 363,900363.9k $13.5m $13.5m 0.05% Reduced -31.4k -31,390
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 310,249310.2k $11.5m $11.5m 0.00% Reduced -38.2k -38,174
10 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 258,043258.0k $9.6m $9.6m 0.02% Added +40.7k +40,668
11 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 201,113201.1k $7.5m $7.5m 0.04% Reduced -32.9k -32,893
12 Crown Wealth Group, LLC 2.41% of their portfolio Charlotte, NC 173,234173.2k $6.4m $6.4m 2.41% New
13 Biltmore Family Office, LLC 1.02% of their portfolio CHARLOTTE, NC 162,436162.4k $6.0m $6.0m 1.02% Added +4.0k +3,971
14 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 145,101145.1k $5.4m $5.4m 0.01% Added +5.5k +5,513
15 LEVEL FOUR ADVISORY SERVICES, LLC 0.18% of their portfolio DALLAS, TX 133,561133.6k $5.0m $5.0m 0.18% Added +2.0k +1,986
16 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 130,429130.4k $4.8m $4.8m 0.01% Added +2.4k +2,405
17 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 125,424125.4k $4.7m $4.7m 0.00% Added +33.7k +33,714
18 UBS Group AG 0.00% of their portfolio ZURICH, V8 123,401123.4k $4.6m $4.6m 0.00% Added +35.5k +35,522
19 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 114,313114.3k $4.2m $4.2m 0.00% Added +25.8k +25,766
20 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 114,077114.1k $4.2m $4.2m 0.00% Added +4.3k +4,275
21 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 102,973103.0k $3.8m $3.8m 0.01% Added +8.2k +8,210
22 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio CAUSEWAY BAY, K3 102,289102.3k $3.8m $3.8m 0.01% Added +55.4k +55,442
23 Merit Financial Group, LLC 0.04% of their portfolio ALPHARETTA, GA 101,304101.3k $3.8m $3.8m 0.04% Reduced -87.6k -87,571
24 WealthBridge Investment Counsel Inc. 1.19% of their portfolio CALGARY, A0 99,10099.1k $3.7m $3.7m 1.19% Added +1.7k +1,700
25 TigerOak Management, L.L.C. 1.23% of their portfolio NASHVILLE, TN 96,63296.6k $3.6m $3.6m 1.23% Reduced -28 -28
26 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 94,79794.8k $3.5m $3.5m 0.01% Reduced -53.8k -53,809
27 NWAM LLC 0.19% of their portfolio MERCER ISLAND, WA 93,88193.9k $3.3m $3.3m 0.19% New
28 Sowell Financial Services LLC 0.13% of their portfolio NORTH LITTLE ROCK, AR 83,07783.1k $3.1m $3.1m 0.13% Added +67.2k +67,220
29 Farrow Financial, Inc. 1.71% of their portfolio SOUTH BURLINGTON, VT 75,77975.8k $2.8m $2.8m 1.71% Reduced -493 -493
30 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 74,50074.5k $2.8m $2.8m 0.00% Reduced -6.3k -6,318
31 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 74,31174.3k $2.8m $2.8m 0.01% Reduced -8.1k -8,055
32 Pinnacle Wealth Management Group, Inc. 1.58% of their portfolio PLYMOUTH, MI 74,13774.1k $2.8m $2.8m 1.58% Added +1.9k +1,881
33 OARSMAN CAPITAL, INC. 0.38% of their portfolio MILWAUKEE, WI 65,57965.6k $2.4m $2.4m 0.38% Added +15.1k +15,122
34 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 62,99663.0k $2.3m $2.3m 0.00% Reduced -5.5k -5,494
35 Aspire Capital Advisors LLC 0.62% of their portfolio SEATTLE, WA 60,23860.2k $2.2m $2.2m 0.62% New
36 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 51,76251.8k $1.9m $1.9m 0.00% Added +10.3k +10,260
37 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 49,94549.9k $1.9m $1.9m 0.01% Reduced -25.6k -25,610
38 Stratos Wealth Partners, LTD. 0.02% of their portfolio BEACHWOOD, OH 48,65448.7k $1.8m $1.8m 0.02% Added +1.2k +1,188
39 Kropog Financial Group, LLC 1.38% of their portfolio MANDEVILLE, LA 42,49642.5k $1.6m $1.6m 1.38% Reduced -184 -184
40 Mariner, LLC 0.00% of their portfolio Overland Park, KS 41,57541.6k $1.5m $1.5m 0.00% Added +2.2k +2,232
41 Granite Bay Wealth Management, LLC 0.49% of their portfolio PORTSMOUTH, NH 41,20441.2k $1.5m $1.5m 0.49% Reduced -16.0k -16,014
42 Spectrum Strategic Capital Management, LLC 0.97% of their portfolio CORVALLIS, OR 40,86940.9k $1.5m $1.5m 0.97% New
43 Northeast Financial Consultants Inc 0.06% of their portfolio WESTPORT, CT 40,45040.5k $1.5m $1.5m 0.06% Unchanged
44 Migdal Insurance & Financial Holdings Ltd. 0.01% of their portfolio Petach Tikva, L3 38,00038.0k $1.4m $1.4m 0.01% Added +13.0k +13,000
45 Grandview Asset Management LLC 0.41% of their portfolio HARRISBURG, PA 34,88734.9k $1.3m $1.3m 0.41% Added +16.6k +16,555
46 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 34,36634.4k $1.3m $1.3m 0.01% Reduced -13.6k -13,580
47 Dakota Wealth Management 0.03% of their portfolio PALM BEACH GARDENS, FL 32,93832.9k $1.2m $1.2m 0.03% Reduced -4.6k -4,583
48 U.S. Capital Wealth Advisors, LLC 0.03% of their portfolio AUSTIN, TX 32,02432.0k $1.2m $1.2m 0.03% Reduced -25 -25
49 Phoenix Wealth Advisors 0.48% of their portfolio CHAPEL HILL, NC 30,90330.9k $1.1m $1.1m 0.48% Reduced -303 -303
50 NCM Capital Management, LLC 0.47% of their portfolio RAMSEY, NJ 30,82630.8k $1.1m $1.1m 0.47% Added +2.0k +1,962
51 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 29,07729.1k $1.1m $1.1m 0.00% Added +4.0k +3,991
52 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 28,96429.0k $1.1m $1.1m 0.01% New
53 ADVISORS MANAGEMENT GROUP INC /ADV 0.20% of their portfolio LA CROSSE, WI 28,52228.5k $1.1m $1.1m 0.20% Reduced -23 -23
54 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 25,86325.9k $959.5k $959.5k 0.01% Added +2.3k +2,309
55 CERTUITY, LLC 0.09% of their portfolio NORTH PALM BEACH, FL 25,36025.4k $940.8k $940.8k 0.09% Unchanged
56 Essex LLC 0.18% of their portfolio DEER PARK, IL 24,78924.8k $919.7k $919.7k 0.18% Reduced -3.1k -3,051
57 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 23,96124.0k $889.0k $889.0k 0.00% Added +1.8k +1,801
58 Bleakley Financial Group, LLC 0.02% of their portfolio PARSIPPANY, NJ 23,60823.6k $875.9k $875.9k 0.02% Added +1.9k +1,922
59 Spire Wealth Management 0.03% of their portfolio MCLEAN, VA 23,25223.3k $862.6k $862.6k 0.03% Reduced -1.6k -1,574
60 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 22,71822.7k $842.8k $842.8k 0.00% Added +11.6k +11,624
61 Eagle Strategies LLC 0.12% of their portfolio NEW YORK, NY 21,95522.0k $814.5k $814.5k 0.12% Reduced -38 -38
62 SCOTIA CAPITAL INC. 0.00% of their portfolio TORONTO, A6 21,68821.7k $804.6k $804.6k 0.00% New
63 Accel Wealth Management 0.27% of their portfolio WAVERLY, IA 21,51221.5k $798.1k $798.1k 0.27% Reduced -1.1k -1,076
64 NewEdge Wealth, LLC 0.01% of their portfolio STAMFORD, CT 21,28321.3k $697.6k $697.6k 0.01% Reduced -2.0k -1,970
65 Joseph P. Lucia & Associates, LLC 0.32% of their portfolio Yorktown Heights, NY 20,82520.8k $772.6k $772.6k 0.32% Added +3.1k +3,108
66 CW Advisors, LLC 0.01% of their portfolio BOSTON, MA 20,00720.0k $742.3k $742.3k 0.01% Added +548 +548
67 CreativeOne Wealth, LLC 0.02% of their portfolio OVERLAND PARK, KS 19,07319.1k $707.6k $707.6k 0.02% Reduced -5.2k -5,246
68 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 18,99719.0k $704.8k $704.8k 0.00% Added +2.9k +2,899
69 Sterling Investment Counsel, LLC 0.41% of their portfolio Buffalo, NY 18,92218.9k $702.0k $702.0k 0.41% Reduced -3.1k -3,078
70 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 18,80918.8k $697.8k $697.8k 0.00% Reduced -7.3k -7,349
71 Provenance Wealth Advisors, LLC 0.10% of their portfolio FORT LAUDERDALE, FL 18,52618.5k $687.3k $687.3k 0.10% Added +10.6k +10,635
72 Triton Wealth Management, PLLC 0.28% of their portfolio SUN CITY, AZ 18,35018.4k $652.7k $652.7k 0.28% First filing
73 HAZLETT, BURT & WATSON, INC. 0.27% of their portfolio WHEELING, WV 17,98318.0k $665.0k $665.0k 0.27% Reduced -216 -216
74 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 17,41417.4k $603.4k $603.4k 0.01% Added +3.0k +2,950
75 O'ROURKE & COMPANY, Inc 0.30% of their portfolio BOSTON, MA 17,27517.3k $640.9k $640.9k 0.30% Added +43 +43
76 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 17,02417.0k $631.6k $631.6k 0.00% New
77 HBW ADVISORY SERVICES LLC 0.08% of their portfolio SIMI VALLEY, CA 16,60816.6k $616.2k $616.2k 0.08% Reduced -354 -354
78 Insight Advisors, LLC/ PA 0.10% of their portfolio Newtown, PA 16,36116.4k $607.0k $607.0k 0.10% Reduced -2.4k -2,436
79 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 16,17716.2k $600.2k $600.2k 0.01% Added +9.5k +9,527
80 Black Swift Group, LLC 0.12% of their portfolio BOULDER, CO 15,36015.4k $569.9k $569.9k 0.12% Reduced -4.0k -4,000
81 IHT Wealth Management, LLC 0.02% of their portfolio Chicago, IL 14,91014.9k $553.2k $553.2k 0.02% Added +547 +547
82 Guardian Asset Advisors, LLC 0.30% of their portfolio MECHANICSBURG, PA 13,92113.9k $516.6k $516.6k 0.30% Reduced -427 -427
83 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 13,56113.6k $503.7k $503.7k 0.00% New
84 Intrepid Financial Planning Group LLC 0.21% of their portfolio CARMEL, IN 13,20313.2k $489.8k $489.8k 0.21% Reduced -495 -495
85 Phoenix Financial Ltd. 0.01% of their portfolio Givatayim, L3 12,83412.8k $476.1k $476.1k 0.01% Reduced -16.9k -16,880
86 Greystone Financial Group, LLC 0.08% of their portfolio BLOOMFIELD HILLS, MI 12,33112.3k $457.5k $457.5k 0.08% Reduced -42 -42
87 Freedom Investment Management, Inc. 0.04% of their portfolio SOUTH WINDSOR, CT 12,26312.3k $454.9k $454.9k 0.04% Reduced -158 -158
88 Integras Partners LLC 0.45% of their portfolio Alpharetta, GA 12,15112.2k $450.8k $450.8k 0.45% Added +3.6k +3,634
89 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 11,98312.0k $444.6k $444.6k 0.00% New
90 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.03% of their portfolio Westlake, OH 11,96712.0k $444.0k $444.0k 0.03% Added +1.5k +1,475
91 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 11,92011.9k $442.3k $442.3k 0.00% Added +9.7k +9,691
92 Caliber Wealth Management, LLC / KS 0.05% of their portfolio Overland Park, KS 11,75011.8k $435.9k $435.9k 0.05% Unchanged
93 HUB Investment Partners, LLC 0.02% of their portfolio AUSTIN, TX 11,58311.6k $429.7k $429.7k 0.02% Reduced -889 -889
94 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 11,40311.4k $423.1k $423.1k 0.00% Reduced -1.3k -1,300
95 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 11,02211.0k $408.9k $408.9k 0.00% Unchanged
96 FourThought Financial Partners, LLC 0.04% of their portfolio VENICE, FL 10,77210.8k $399.6k $399.6k 0.04% Unchanged
97 Nautilus Advisors LLC 0.29% of their portfolio La Jolla, CA 10,64010.6k $394.7k $394.7k 0.29% New
98 VestGen Advisors, LLC 0.01% of their portfolio CHICAGO, IL 10,26410.3k $353.2k $353.2k 0.01% Reduced -984 -984
99 Ayalon Insurance Comp Ltd. 0.11% of their portfolio Ramat Gan, L3 10,16910.2k $377.0k $377.0k 0.11% Unchanged
100 Empire Financial Management Company, LLC 0.11% of their portfolio NEW YORK, NY 10,05610.1k $373.1k $373.1k 0.11% Reduced -6.9k -6,944