Vault-13

GLOBAL X FDS AUSF

ADAPTIVE US · ETP · CUSIP 37954Y574

66 institutional holders +17 vs Q1 2025
11,060,95211.1m shares reported held*
$498.2mreported value*
22 new 26 added 9 reduced 5 sold out net bought ≈ $83.4m (+1.9m 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 ≈ $45.04.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 9Q4 22: 11Q1 23: 11Q2 23: 7Q3 23: 7Q4 23: 12Q1 24: 25Q2 24: 32Q3 24: 39Q4 24: 45Q1 25: 49Q2 25: 6666Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 20229
Q4 202211
Q1 202311
Q2 20237
Q3 20237
Q4 202312
Q1 202425
Q2 202432
Q3 202439
Q4 202445
Q1 202549
Q2 202566

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q3 23: 4 bought or addedQ3 23: 2 cut or sold outQ4 23: 8 bought or addedQ4 23: 1 cut or sold outQ4 23Q1 24: 16 bought or addedQ1 24: 6 cut or sold outQ2 24: 22 bought or addedQ2 24: 6 cut or sold outQ2 24Q3 24: 26 bought or addedQ3 24: 12 cut or sold outQ4 24: 28 bought or addedQ4 24: 7 cut or sold outQ4 24Q1 25: 39 bought or addedQ1 25: 9 cut or sold outQ2 25: 48 bought or addedQ2 25: 14 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202342
Q4 202381
Q1 2024166
Q2 2024226
Q3 20242612
Q4 2024287
Q1 2025399
Q2 20254814

Biggest buyers

LPL Financial LLC Added +306,853+306.9k
ROYAL BANK OF CANADA New +254,490+254.5k
Kovack Advisors, Inc. New +179,288+179.3k
RAYMOND JAMES FINANCIAL INC Added +175,136+175.1k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +134,339+134.3k
Cetera Investment Advisers Added +133,261+133.3k
Meridian Wealth Management, LLC New +109,786+109.8k
TITLEIST ASSET MANAGEMENT, LLC New +99,035+99.0k
COMMONWEALTH EQUITY SERVICES, LLC Added +72,604+72.6k
MML INVESTORS SERVICES, LLC New +56,478+56.5k

Biggest sellers

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -115,983-116.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -28,394-28.4k
TWO SIGMA INVESTMENTS, LP Sold out -12,000-12.0k
Clarity Capital Partners LLC Reduced -5,147-5.1k
Concurrent Investment Advisors, LLC Reduced -4,394-4.4k
Advisors Preferred, LLC Sold out -3,652-3.7k
CreativeOne Wealth, LLC Reduced -2,512-2.5k
Larson Financial Group LLC Reduced -1,172-1.2k
Synergy Investment Management, LLC Sold out -1,145-1.1k
Laurel Wealth Advisors LLC Sold out -1,071-1.1k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.34% of their portfolio PLYMOUTH, MN 4,563,5024.6m $207.8m $207.8m 0.34% Reduced -116.0k -115,983
2 WADDELL & ASSOCIATES, LLC 6.95% of their portfolio MEMPHIS, TN 1,457,1951.5m $65.1m $65.1m 6.95% Added +34.1k +34,107
3 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 728,610728.6k $32.6m $32.6m 0.01% Added +306.9k +306,853
4 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 695,852695.9k $31.1m $31.1m 0.04% Added +72.6k +72,604
5 Tidemark, LLC 4.71% of their portfolio SAN DIEGO, CA 326,933326.9k $14.6m $14.6m 4.71% Added +20.2k +20,183
6 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 326,204326.2k $14.6m $14.6m 0.01% Added +175.1k +175,136
7 Private Advisor Group, LLC 0.07% of their portfolio MORRISTOWN, NJ 306,772306.8k $13.7m $13.7m 0.07% Added +27.4k +27,416
8 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 254,490254.5k $11.4m $11.4m 0.00% New
9 Seros Financial, LLC 5.95% of their portfolio TEMPE, AZ 210,172210.2k $9.4m $9.4m 5.95% Added +9.5k +9,543
10 Kovack Advisors, Inc. 0.79% of their portfolio FT. LAUDERDALE, FL 179,288179.3k $8.0m $8.0m 0.79% New
11 CHANNEL WEALTH LLC 2.27% of their portfolio SANTA BARBARA, CA 179,285179.3k $8.0m $8.0m 2.27% Added +5.1k +5,080
12 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 174,885174.9k $7.8m $7.8m 0.01% Added +134.3k +134,339
13 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 156,018156.0k $7.0m $7.0m 0.01% Added +133.3k +133,261
14 ARQ WEALTH ADVISORS, LLC 2.27% of their portfolio SCOTTSDALE, AZ 151,150151.2k $6.6m $6.6m 2.27% Unchanged
15 Equitable Holdings, Inc. 0.05% of their portfolio NEW YORK, NY 148,940148.9k $6.7m $6.7m 0.05% Added +9.8k +9,764
16 Meridian Wealth Management, LLC 0.21% of their portfolio LEXINGTON, KY 109,786109.8k $4.9m $4.9m 0.21% New
17 TITLEIST ASSET MANAGEMENT, LLC 0.44% of their portfolio SAN ANTONIO, TX 99,03599.0k $4.4m $4.4m 0.44% New
18 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 92,70392.7k $4.1m $4.1m 0.00% Added +43.6k +43,581
19 Able Wealth Management LLC 1.95% of their portfolio Toms River, NJ 86,62386.6k $3.9m $3.9m 1.95% Added +29.1k +29,134
20 Concurrent Investment Advisors, LLC 0.06% of their portfolio Tampa, FL 73,10973.1k $3.3m $3.3m 0.06% Reduced -4.4k -4,394
21 AVANTAX ADVISORY SERVICES, INC. 0.02% of their portfolio DALLAS, TX 66,38866.4k $3.0m $3.0m 0.02% Added +29.9k +29,894
22 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 56,47856.5k $2.5m $2.5m 0.01% New
23 &PARTNERS 0.02% of their portfolio NASHVILLE, TN 55,11855.1k $2.5m $2.5m 0.02% Added +12.2k +12,192
24 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 47,60747.6k $2.1m $2.1m 0.00% New
25 Atria Wealth Solutions, Inc. 0.05% of their portfolio NEW YORK, NY 47,08147.1k $2.1m $2.1m 0.05% New
26 Tactive Advisors, LLC 0.59% of their portfolio Jacksonville, FL 41,14541.1k $1.8m $1.8m 0.59% First filing
27 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 40,05740.1k $1.8m $1.8m 0.01% New
28 Visionary Wealth Advisors 0.08% of their portfolio O'FALLON, IL 34,37434.4k $1.5m $1.5m 0.08% Added +6.0k +6,045
29 Arete Wealth Advisors, LLC 0.10% of their portfolio CHICAGO, IL 30,28330.3k $1.4m $1.4m 0.10% Added +297 +297
30 HARBOUR INVESTMENTS, INC. 0.03% of their portfolio MADISON, WI 28,75328.8k $1.3m $1.3m 0.03% New
31 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 21,76421.8k $973.0k $973.0k 0.00% Added +3.5k +3,474
32 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 21,36521.4k $955.0k $955.0k 0.00% Added +15.2k +15,209
33 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 20,31220.3k $907.9k $907.9k 0.00% New
34 CreativeOne Wealth, LLC 0.02% of their portfolio OVERLAND PARK, KS 18,72618.7k $837.1k $837.1k 0.02% Reduced -2.5k -2,512
35 MUIRFIELD WEALTH ADVISORS LLC 0.61% of their portfolio CHARLOTTE, NC 17,15217.2k $766.7k $766.7k 0.61% Reduced -955 -955
36 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 16,70916.7k $747.0k $747.0k 0.00% New
37 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 14,20714.2k $635.0k $635.0k 0.00% Added +9.0k +9,047
38 Sollinda Capital Management LLC 0.16% of their portfolio HICKORY, NC 13,98614.0k $625.2k $625.2k 0.16% Unchanged
39 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 13,45513.5k $601.4k $601.4k 0.00% Reduced -28.4k -28,394
40 Ascentis Independent Advisors 0.11% of their portfolio DALLAS, TX 12,70412.7k $567.9k $567.9k 0.11% New
41 Clarity Capital Partners LLC 0.18% of their portfolio Newport Beach, CA 11,45911.5k $512.2k $512.2k 0.18% Reduced -5.1k -5,147
42 LEAVELL INVESTMENT MANAGEMENT, INC. 0.02% of their portfolio MOBILE, AL 11,11411.1k $496.8k $496.8k 0.02% New
43 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.03% of their portfolio CEDAR RAPIDS, IA 10,02910.0k $448.3k $448.3k 0.03% Added +4.1k +4,076
44 DHK Financial Advisors, Inc. 0.26% of their portfolio PORTSMOUTH, NH 10,00010.0k $447.0k $447.0k 0.26% Unchanged
45 COMERICA BANK 0.00% of their portfolio DALLAS, TX 9,5819.6k $428.3k $428.3k 0.00% Added +1.7k +1,732
46 SteelPeak Wealth, LLC 0.02% of their portfolio WOODLAND HILLS, CA 9,5299.5k $425.9k $425.9k 0.02% Unchanged
47 SIERRA OCEAN, LLC 0.30% of their portfolio RIPON, CA 9,2889.3k $415.2k $415.2k 0.30% New
48 Savvy Advisors, Inc. 0.03% of their portfolio NEW YORK, NY 9,2289.2k $412.5k $412.5k 0.03% Added +50 +50
49 Brand Asset Management Group, Inc. 0.14% of their portfolio CHESTERFIELD, MO 8,6748.7k $387.7k $387.7k 0.14% Added +2.4k +2,384
50 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 7,4617.5k $333.5k $333.5k 0.00% Added +221 +221
51 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 6,7366.7k $301.1k $301.1k 0.00% New
52 CW Advisors, LLC 0.00% of their portfolio BOSTON, MA 6,0706.1k $271.3k $271.3k 0.00% New
53 Wealthcare Advisory Partners LLC 0.01% of their portfolio WEST CHESTER, PA 5,2855.3k $236.2k $236.2k 0.01% New
54 Ameritas Advisory Services, LLC 0.01% of their portfolio Lincoln, NE 2,7042.7k $120.9k $120.9k 0.01% New
55 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,5591.6k $69.7k $69.7k 0.00% New
56 Scarborough Advisors, LLC 0.01% of their portfolio ANNAPOLIS, MD 1,1001.1k $49.2k $49.2k 0.01% New
57 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 885885 $39.6k $39.6k 0.00% Reduced -1.2k -1,172
58 FMR LLC 0.00% of their portfolio BOSTON, MA 778778 $34.8k $34.8k 0.00% Added +361 +361
59 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 732732 $32.7k $32.7k 0.00% Reduced -46 -46
60 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 439439 $19.6k $19.6k 0.00% New
61 Capital Advisors, Ltd. LLC 0.00% of their portfolio SHAKER HEIGHTS, OH 6969 $3.0k $3.0k 0.00% Unchanged
62 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 88 $354 $354 0.00% Unchanged
63 Parkside Financial Bank & Trust 0.00% of their portfolio SAINT LOUIS, MO 77 $313 $313 0.00% Unchanged
64 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 11 $63 $63 0.00% New
65 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 00 $14 $14 0.00% Reduced -1 -1
66 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged