Vault-13

GLOBAL X FDS PAVE

US INFR DEV ETF · ETP · CUSIP 37954Y673

407 institutional holders +12 vs Q4 2022
80,042,79280.0m shares reported held*
$2.2bnreported value*
46 new 138 added 152 reduced 34 sold out net bought ≈ $273.7m (+10.2m 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 ($3.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.03. Options: 3 managers hold calls ($5.9m notional), 2 hold puts ($952.6k).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 379Q4 22: 395Q1 23: 407407Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022379
Q4 2022395
Q1 2023407

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 132 bought or addedQ4 22: 188 cut or sold outQ4 22Q1 23: 184 bought or addedQ1 23: 186 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022132188
Q1 2023184186

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ3 22 calls: $6.3mQ3 22 puts: $1.4mQ3 22P/C 0.21Q4 22 calls: $6.1mQ4 22 puts: $1.5mQ4 22P/C 0.25Q1 23 calls: $5.9mQ1 23 puts: $952.6kQ1 23P/C 0.16
Numbers
QuarterCallsPutsP/C
Q3 2022$6.3m$1.4m0.21
Q4 2022$6.1m$1.5m0.25
Q1 2023$5.9m$952.6k0.16

Biggest buyers

BANK OF MONTREAL /CAN/ Added +8,133,193+8.1m
CIBC Private Wealth Group LLC Added +1,526,490+1.5m
LPL Financial LLC Added +1,002,106+1.0m
CW Advisors, LLC Added +834,330+834.3k
WELLS FARGO & COMPANY/MN Added +342,434+342.4k
MONTAG A & ASSOCIATES INC Added +210,780+210.8k
Sharkey, Howes & Javer New +173,126+173.1k
Fulcrum Equity Management New +172,646+172.6k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +168,133+168.1k
Paragon Wealth Strategies, LLC Added +167,967+168.0k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -3,093,950-3.1m
NATIONAL BANK OF CANADA /FI/ Reduced -212,946-212.9k
IHT Wealth Management, LLC Reduced -186,899-186.9k
Crestline Management, L.P. Sold out -110,986-111.0k
SCOTIA CAPITAL INC. Sold out -84,641-84.6k
AMERIPRISE FINANCIAL INC Reduced -78,140-78.1k
Mirae Asset Global Investments Co., Ltd. Reduced -65,100-65.1k
Prosperity Financial Group, Inc. Reduced -49,987-50.0k
Tower Research Capital LLC (TRC) Reduced -48,758-48.8k
CWM, LLC Reduced -48,317-48.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.1m109.9k shares
CITADEL ADVISORS LLC Added $2.8m97.1k shares
Cutler Group LLC / CA Added $23.0k9.2k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $481.9k17.0k shares
CITADEL ADVISORS LLC Reduced $470.6k16.6k 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, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 15,996,36616.0m $453.5m $453.5m 0.05% Reduced -3.1m -3,093,950
2 BANK OF MONTREAL /CAN/ 0.11% of their portfolio TORONTO, A6 8,977,7879.0m $254.6m $254.6m 0.11% Added +8.1m +8,133,193
3 Harel Insurance Investments & Financial Services Ltd. 3.97% of their portfolio Ramat Gan, L3 6,834,4616.8m $193.8m $193.8m 3.97% Reduced -500 -500
4 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 5,300,8875.3m $150.3m $150.3m 0.02% Added +78.9k +78,878
5 LPL Financial LLC 0.09% of their portfolio FORT MILL, SC 3,886,3833.9m $110.2m $110.2m 0.09% Added +1.0m +1,002,106
6 CW Advisors, LLC 1.72% of their portfolio BOSTON, MA 2,511,8852.5m $71.2m $71.2m 1.72% Added +834.3k +834,330
7 CIBC Private Wealth Group LLC 0.05% of their portfolio ATLANTA, GA 2,437,6862.4m $44.1m $44.1m 0.05% Added +1.5m +1,526,490
8 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,630,7371.6m $46.2m $46.2m 0.01% Added +342.4k +342,434
9 Portfolio Strategies, Inc. 7.71% of their portfolio MONTVALE, NJ 1,394,4331.4m $39.5m $39.5m 7.71% Reduced -25.0k -24,955
10 GenTrust, LLC 2.45% of their portfolio MIAMI, FL 1,199,0301.2m $34.0m $34.0m 2.45% Reduced -7.1k -7,140
11 Raymond James Financial Services Advisors, Inc. 0.06% of their portfolio ST. PETERSBURG, FL 1,184,8071.2m $33.6m $33.6m 0.06% Reduced -41.2k -41,238
12 UBS Group AG 0.02% of their portfolio ZURICH, V8 1,154,9671.2m $32.7m $32.7m 0.02% Added +4.3k +4,288
13 Mariner, LLC 0.09% of their portfolio Overland Park, KS 1,148,6291.1m $32.6m $32.6m 0.09% Reduced -15.3k -15,266
14 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 938,123938.1k $26.6m $26.6m 0.04% Added +168.1k +168,133
15 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 909,888909.9k $25.8m $25.8m 0.05% Added +67.9k +67,911
16 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 904,641904.6k $25.6m $25.6m 0.01% Added +152.9k +152,950
17 Evolution Wealth Advisors, LLC 5.37% of their portfolio AVENTURA, FL 789,076789.1k $22.4m $22.4m 5.37% Reduced -15.6k -15,580
18 Destination Wealth Management 0.82% of their portfolio Walnut Creek, CA 766,430766.4k $21.7m $21.7m 0.82% Reduced -8.1k -8,064
19 MEITAV INVESTMENT HOUSE LTD 0.35% of their portfolio BENE-BERAQ, L3 736,447736.4k $20.5m $20.5m 0.35% Reduced -3.3k -3,325
20 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 669,459669.5k $18.9m $18.9m 0.04% Added +87.1k +87,119
21 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 649,999650.0k $18.4m $18.4m 0.01% Added +100.5k +100,538
22 CWM, LLC 0.11% of their portfolio OMAHA, NE 588,645588.6k $16.7m $16.7m 0.11% Reduced -48.3k -48,317
23 Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 1.08% of their portfolio Tel Aviv, L3 478,564478.6k $13.4m $13.4m 1.08% Unchanged
24 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 454,205454.2k $12.9m $12.9m 0.01% Added +66.3k +66,299
25 GREAT VALLEY ADVISOR GROUP, INC. 0.60% of their portfolio WILMINGTON, DE 450,227450.2k $12.8m $12.8m 0.60% Added +67.3k +67,316
26 Bulltick Wealth Management, LLC 3.21% of their portfolio Miami, FL 430,676430.7k $12.2m $12.2m 3.21% Unchanged
27 BLAIR WILLIAM & CO/IL 0.05% of their portfolio CHICAGO, IL 418,353418.4k $11.9m $11.9m 0.05% Reduced -17.0k -16,982
28 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 370,847370.8k $10.5m $10.5m 0.00% Reduced -78.1k -78,140
29 MML INVESTORS SERVICES, LLC 0.07% of their portfolio SPRINGFIELD, MA 367,044367.0k $10.4m $10.4m 0.07% Reduced -3.2k -3,168
30 MFA WEALTH ADVISORS, LLC 3.35% of their portfolio PITTSBURGH, PA 358,642358.6k $10.2m $10.2m 3.35% Reduced -2.7k -2,700
31 NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio MONTREAL, A8 345,637345.6k $9.8m $9.8m 0.03% Reduced -212.9k -212,946
32 360 Financial, Inc. 4.85% of their portfolio WAYZATA, MN 324,087324.1k $9.2m $9.2m 4.85% Added +32.1k +32,098
33 Vishria Bird Financial Group, LLC 5.79% of their portfolio MEMPHIS, TN 319,301319.3k $9.1m $9.1m 5.79% Reduced -26.0k -25,963
34 Cetera Advisor Networks LLC 0.07% of their portfolio EL SEGUNDO, CA 315,693315.7k $8.9m $8.9m 0.07% Added +26.7k +26,686
35 Riggs Asset Managment Co. Inc. 3.45% of their portfolio DALLAS, PA 313,367313.4k $8.9m $8.9m 3.45% Added +19.5k +19,475
36 Private Advisor Group, LLC 0.08% of their portfolio MORRISTOWN, NJ 291,972292.0k $8.3m $8.3m 0.08% Added +20.5k +20,541
37 Ameraudi Asset Management, Inc. 3.43% of their portfolio New York, NY 277,340277.3k $7.9m $7.9m 3.43% Reduced -13.5k -13,481
38 MAI Capital Management 0.12% of their portfolio INDEPENDENCE, OH 275,879275.9k $7.8m $7.8m 0.12% Reduced -4.8k -4,830
39 Atria Wealth Solutions, Inc. 0.11% of their portfolio NEW YORK, NY 266,297266.3k $7.5m $7.5m 0.11% Added +54.7k +54,748
40 Cetera Advisors LLC 0.12% of their portfolio DENVER, CO 246,528246.5k $7.0m $7.0m 0.12% Reduced -21.7k -21,727
41 REDW Wealth LLC 1.95% of their portfolio ALBUQUERQUE, NM 215,468215.5k $6.1m $6.1m 1.95% Reduced -42.2k -42,227
42 MONTAG A & ASSOCIATES INC 0.39% of their portfolio ATLANTA, GA 211,020211.0k $6.0m $6.0m 0.39% Added +210.8k +210,780
43 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 210,690210.7k $6.0m $6.0m 0.01% Reduced -2.5k -2,462
44 New England Private Wealth Advisors LLC 1.21% of their portfolio WELLESLEY, MA 209,891209.9k $6.0m $6.0m 1.21% Added +966 +966
45 B. Riley Wealth Advisors, Inc. 0.16% of their portfolio MEMPHIS, TN 206,875206.9k $5.9m $5.9m 0.16% Reduced -3.4k -3,393
46 Madrona Financial Services, LLC 3.14% of their portfolio EVERETT, WA 206,265206.3k $5.8m $5.8m 3.14% Reduced -13.7k -13,729
47 Systelligence, LLC 1.48% of their portfolio BLOOMINGTON, MN 203,323203.3k $5.8m $5.8m 1.48% Reduced -1.7k -1,716
48 Frisch Financial Group, Inc. 2.23% of their portfolio MELVILLE, NY 203,093203.1k $5.8m $5.8m 2.23% Reduced -13.2k -13,225
49 Clarus Group, Inc. 5.28% of their portfolio HOUSTON, TX 198,509198.5k $5.6m $5.6m 5.28% Reduced -18.8k -18,839
50 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 189,883189.9k $5.4m $5.4m 0.00% Added +50.8k +50,822
51 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 189,442189.4k $5.4m $5.4m 0.03% Added +353 +353
52 Stratos Wealth Partners, LTD. 0.14% of their portfolio BEACHWOOD, OH 187,378187.4k $5.3m $5.3m 0.14% Reduced -30.4k -30,370
53 Paragon Wealth Strategies, LLC 3.01% of their portfolio JACKSONVILLE, FL 174,568174.6k $4.9m $4.9m 3.01% Added +168.0k +167,967
54 Sharkey, Howes & Javer 1.05% of their portfolio DENVER, CO 173,126173.1k $4.9m $4.9m 1.05% New
55 Fulcrum Equity Management 2.30% of their portfolio PLANO, TX 172,646172.6k $4.9m $4.9m 2.30% New
56 IHT Wealth Management, LLC 0.28% of their portfolio Chicago, IL 172,470172.5k $4.9m $4.9m 0.28% Reduced -186.9k -186,899
57 Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 1.09% of their portfolio Tel Aviv, L3 170,896170.9k $4.8m $4.8m 1.09% Unchanged
58 Steward Partners Investment Advisory, LLC 0.07% of their portfolio STAMFORD, CT 158,101158.1k $4.5m $4.5m 0.07% Added +3.3k +3,274
59 Financial Advocates Investment Management 0.33% of their portfolio OLYMPIA, WA 154,527154.5k $4.4m $4.4m 0.33% Added +37.7k +37,696
60 Gerber Kawasaki Wealth & Investment Management 0.35% of their portfolio SANTA MONICA, CA 154,310154.3k $4.4m $4.4m 0.35% Reduced -8.7k -8,709
61 Gladstone Institutional Advisory LLC 0.28% of their portfolio Bedminster, NJ 152,744152.7k $4.3m $4.3m 0.28% Added +140.6k +140,586
62 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 150,696150.7k $4.3m $4.3m 0.01% Reduced -763 -763
63 M Holdings Securities, Inc. 0.44% of their portfolio PORTLAND, OR 149,385149.4k $4.2m $4.2m 0.44% Reduced -123 -123
64 Savior LLC 3.44% of their portfolio WELLESLEY HILLS, MA 147,153147.2k $4.2m $4.2m 3.44% Added +851 +851
65 BANK HAPOALIM BM 0.57% of their portfolio TEL AVIV, L3 145,488145.5k $4.1m $4.1m 0.57% Reduced -15.8k -15,840
66 JMAC ENTERPRISES LLC 0.99% of their portfolio NEWTOWN, PA 137,871137.9k $3.9m $3.9m 0.99% Reduced -41.6k -41,561
67 Equitable Holdings, Inc. 0.06% of their portfolio NEW YORK, NY 136,653136.7k $3.9m $3.9m 0.06% Added +16.7k +16,720
68 CX Institutional 0.20% of their portfolio AUBURN, IN 130,044130.0k $3.7m $3.7m 0.20% Added +74.8k +74,809
69 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 125,184125.2k $3.5m $3.5m 0.04% Reduced -39.8k -39,760
70 OGOREK ANTHONY JOSEPH /NY/ /ADV 1.43% of their portfolio WILLIAMSVILLE, NY 123,162123.2k $3.5m $3.5m 1.43% Added +9.2k +9,160
71 Spire Wealth Management 0.13% of their portfolio MCLEAN, VA 121,762121.8k $3.5m $3.5m 0.13% Added +38.8k +38,816
72 Snowden Capital Advisors LLC 0.13% of their portfolio New York, NY 117,016117.0k $3.3m $3.3m 0.13% Added +11.4k +11,408
73 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 116,922116.9k $3.3m $3.3m 0.01% Reduced -17.5k -17,545
74 Trek Financial, LLC 0.31% of their portfolio Scottsdale, AZ 116,624116.6k $3.3m $3.3m 0.31% New
75 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 116,083116.1k $3.3m $3.3m 0.03% Reduced -2.6k -2,619
76 Centurion Wealth Management LLC 1.63% of their portfolio Mclean, VA 112,654112.7k $3.2m $3.2m 1.63% Reduced -2.9k -2,933
77 CreativeOne Wealth, LLC 0.16% of their portfolio OVERLAND PARK, KS 112,020112.0k $3.2m $3.2m 0.16% Reduced -734 -734
78 ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC 1.63% of their portfolio New Cumberland, PA 110,269110.3k $3.1m $3.1m 1.63% Added +79.5k +79,502
79 NTV Asset Management LLC 0.57% of their portfolio Charleston, WV 107,475107.5k $3.0m $3.0m 0.57% Added +1.0k +1,000
80 Ameritas Advisory Services, LLC 0.15% of their portfolio Lincoln, NE 104,215104.2k $2.9m $2.9m 0.15% Reduced -6.4k -6,401
81 PRUDENTIAL PLC 0.03% of their portfolio LONDON, X0 103,250103.2k $2.9m $2.9m 0.03% Added +15.8k +15,760
82 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 101,803101.8k $2.9m $2.9m 0.01% Reduced -25.7k -25,738
83 EverSource Wealth Advisors, LLC 0.35% of their portfolio BIRMINGHAM, AL 98,50798.5k $2.8m $2.8m 0.35% New
84 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 95,02895.0k $2.7m $2.7m 0.01% Added +48.4k +48,417
85 Perennial Investment Advisors, LLC 0.48% of their portfolio Los Angeles, CA 90,33490.3k $2.6m $2.6m 0.48% Added +18.8k +18,757
86 Simplicity Wealth,LLC 1.65% of their portfolio SUMMIT, NJ 87,69487.7k $2.5m $2.5m 1.65% Reduced -5.5k -5,464
87 TPG Financial Advisors, LLC 1.35% of their portfolio PORTLAND, OR 87,31487.3k $2.5m $2.5m 1.35% New
88 AE Wealth Management LLC 0.02% of their portfolio TOPEKA, KS 86,75186.8k $2.5m $2.5m 0.02% Added +11.4k +11,442
89 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 83,61783.6k $2.4m $2.4m 0.03% Reduced -6.2k -6,229
90 SEAVIEW INVESTMENT MANAGERS LLC 0.78% of their portfolio MIAMI, FL 80,25380.3k $2.3m $2.3m 0.78% Reduced -2.2k -2,241
91 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 80,17780.2k $2.3m $2.3m 0.00% Added +25.0k +25,027
92 PEDDOCK CAPITAL ADVISORS, LLC 0.79% of their portfolio BRAINTREE, MA 79,86379.9k $2.3m $2.3m 0.79% Added +7.8k +7,804
93 Legacy PCG, LLC 1.74% of their portfolio IRVINE, CA 78,21378.2k $2.2m $2.2m 1.74% Reduced -7.0k -6,979
94 Paladin Advisory Group, LLC 1.81% of their portfolio CLIVE, IA 76,63676.6k $2.2m $2.2m 1.81% New
95 Stratos Wealth Advisors, LLC 0.17% of their portfolio BEACHWOOD, OH 75,90675.9k $2.2m $2.2m 0.17% Reduced -47 -47
96 CONGRESS ASSET MANAGEMENT CO 0.02% of their portfolio BOSTON, MA 75,02575.0k $2.1m $2.1m 0.02% Reduced -4.1k -4,080
97 Powell Investment Advisors, LLC 1.13% of their portfolio MIAMI, FL 71,76171.8k $2.0m $2.0m 1.13% Reduced -13.3k -13,257
98 J.P. Morgan Private Wealth Advisors LLC 0.00% of their portfolio SAN FRANCISCO, CA 69,40069.4k $2.0m $2.0m 0.00% Reduced -6.7k -6,718
99 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 68,49968.5k $1.9m $1.9m 0.01% Added +59.0k +58,990
100 BANK OF NOVA SCOTIA 0.01% of their portfolio TORONTO, A6 66,07066.1k $1.9m $1.9m 0.01% Reduced -4.0k -3,960