Vault-13

GLOBAL X FDS PAVE

US INFR DEV ETF · ETP · CUSIP 37954Y673

419 institutional holders +12 vs Q1 2023
93,465,17093.5m shares reported held*
$2.9bnreported value*
52 new 129 added 154 reduced 43 sold out net bought ≈ $415.4m (+13.4m 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 ($9.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $31.39. Options: 4 managers hold calls ($5.1m notional), 5 hold puts ($8.4m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 379Q4 22: 395Q1 23: 407Q2 23: 419419Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022379
Q4 2022395
Q1 2023407
Q2 2023419

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 23Q2 23: 181 bought or addedQ2 23: 197 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022132188
Q1 2023184186
Q2 2023181197

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ3 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 0.16Q2 23 calls: $5.1mQ2 23 puts: $8.4mQ2 23P/C 1.63
Numbers
QuarterCallsPutsP/C
Q3 2022$6.3m$1.4m0.21
Q4 2022$6.1m$1.5m0.25
Q1 2023$5.9m$952.6k0.16
Q2 2023$5.1m$8.4m1.63

Biggest buyers

JPMORGAN CHASE & CO Added +3,410,033+3.4m
BANK OF MONTREAL /CAN/ Added +2,648,558+2.6m
BANK OF AMERICA CORP /DE/ Added +2,458,092+2.5m
CIBC Private Wealth Group LLC Added +1,310,986+1.3m
LPL Financial LLC Added +886,739+886.7k
MEITAV INVESTMENT HOUSE LTD Added +737,125+737.1k
Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) New +650,000+650.0k
Beaumont Financial Advisors, LLC New +424,501+424.5k
BANK HAPOALIM BM Added +286,846+286.8k
MORGAN STANLEY Added +279,699+279.7k

Biggest sellers

Portfolio Strategies, Inc. Reduced -407,256-407.3k
Atria Wealth Solutions, Inc. Reduced -215,809-215.8k
Fulcrum Equity Management Sold out -172,646-172.6k
M Holdings Securities, Inc. Sold out -149,385-149.4k
Savior LLC Sold out -147,153-147.2k
B. Riley Wealth Advisors, Inc. Reduced -118,147-118.1k
Trek Financial, LLC Sold out -116,624-116.6k
Ameritas Advisory Services, LLC Reduced -93,941-93.9k
EverSource Wealth Advisors, LLC Reduced -90,851-90.9k
REDW Wealth LLC Reduced -85,635-85.6k

Biggest calls

CITADEL ADVISORS LLC Reduced $2.5m78.8k shares
Walleye Trading LLC New $1.4m45.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.2m37.8k shares
Cutler Group LLC / CA Reduced $35.0k8.3k shares

Biggest puts

J. Goldman & Co LP New $7.1m225.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $729.2k23.2k shares
CITADEL ADVISORS LLC Reduced $380.3k12.1k shares
Walleye Trading LLC New $198.0k6.3k shares
Cutler Group LLC / CA New $0400 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.07% of their portfolio CHARLOTTE, NC 18,454,45818.5m $580.0m $580.0m 0.07% Added +2.5m +2,458,092
2 BANK OF MONTREAL /CAN/ 0.13% of their portfolio TORONTO, A6 11,626,34511.6m $366.1m $366.1m 0.13% Added +2.6m +2,648,558
3 Harel Insurance Investments & Financial Services Ltd. 5.30% of their portfolio Ramat Gan, L3 6,833,8006.8m $215.2m $215.2m 5.30% Reduced -661 -661
4 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 5,580,5865.6m $175.4m $175.4m 0.02% Added +279.7k +279,699
5 LPL Financial LLC 0.11% of their portfolio FORT MILL, SC 4,773,1224.8m $150.0m $150.0m 0.11% Added +886.7k +886,739
6 CIBC Private Wealth Group LLC 0.13% of their portfolio ATLANTA, GA 3,748,6723.7m $117.8m $117.8m 0.13% Added +1.3m +1,310,986
7 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 3,599,9163.6m $113.1m $113.1m 0.01% Added +3.4m +3,410,033
8 CW Advisors, LLC 1.85% of their portfolio BOSTON, MA 2,539,1112.5m $79.8m $79.8m 1.85% Added +27.2k +27,226
9 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,735,6931.7m $54.6m $54.6m 0.02% Added +105.0k +104,956
10 MEITAV INVESTMENT HOUSE LTD 0.37% of their portfolio BENE-BERAQ, L3 1,473,5721.5m $45.9m $45.9m 0.37% Added +737.1k +737,125
11 GenTrust, LLC 2.63% of their portfolio MIAMI, FL 1,228,4621.2m $38.7m $38.7m 2.63% Added +29.4k +29,432
12 Mariner, LLC 0.10% of their portfolio Overland Park, KS 1,223,6511.2m $38.5m $38.5m 0.10% Added +75.0k +75,022
13 Raymond James Financial Services Advisors, Inc. 0.06% of their portfolio ST. PETERSBURG, FL 1,130,3541.1m $35.5m $35.5m 0.06% Reduced -54.5k -54,453
14 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,078,5581.1m $33.9m $33.9m 0.01% Reduced -76.4k -76,409
15 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 1,018,3751.0m $32.0m $32.0m 0.04% Added +80.3k +80,252
16 Portfolio Strategies, Inc. 5.61% of their portfolio MONTVALE, NJ 987,177987.2k $31.0m $31.0m 5.61% Reduced -407.3k -407,256
17 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 946,645946.6k $29.8m $29.8m 0.06% Added +36.8k +36,757
18 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 936,108936.1k $29.4m $29.4m 0.01% Added +31.5k +31,467
19 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 840,933840.9k $26.4m $26.4m 0.01% Added +190.9k +190,934
20 Evolution Wealth Advisors, LLC 5.42% of their portfolio AVENTURA, FL 780,381780.4k $24.5m $24.5m 5.42% Reduced -8.7k -8,695
21 Destination Wealth Management 0.88% of their portfolio Walnut Creek, CA 755,084755.1k $23.7m $23.7m 0.88% Reduced -11.3k -11,346
22 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 691,274691.3k $21.7m $21.7m 0.04% Added +21.8k +21,815
23 Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) 1.80% of their portfolio Tel Aviv, L3 650,000650.0k $20.4m $20.4m 1.80% New
24 CWM, LLC 0.11% of their portfolio OMAHA, NE 544,994545.0k $17.1m $17.1m 0.11% Reduced -43.7k -43,651
25 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 479,252479.3k $15.1m $15.1m 0.01% Added +25.0k +25,047
26 Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 1.06% of their portfolio Tel Aviv, L3 478,564478.6k $15.0m $15.0m 1.06% Unchanged
27 Paragon Wealth Strategies, LLC 4.35% of their portfolio JACKSONVILLE, FL 438,603438.6k $13.8m $13.8m 4.35% Added +264.0k +264,035
28 BANK HAPOALIM BM 1.93% of their portfolio TEL AVIV, L3 432,334432.3k $13.6m $13.6m 1.93% Added +286.8k +286,846
29 Beaumont Financial Advisors, LLC 1.23% of their portfolio NEEDHAM, MA 424,501424.5k $13.3m $13.3m 1.23% New
30 Bulltick Wealth Management, LLC 3.12% of their portfolio Miami, FL 422,141422.1k $13.3m $13.3m 3.12% Reduced -8.5k -8,535
31 GREAT VALLEY ADVISOR GROUP, INC. 0.55% of their portfolio WILMINGTON, DE 420,033420.0k $13.2m $13.2m 0.55% Reduced -30.2k -30,194
32 BLAIR WILLIAM & CO/IL 0.05% of their portfolio CHICAGO, IL 418,399418.4k $13.2m $13.2m 0.05% Added +46 +46
33 Stratos Wealth Partners, LTD. 0.29% of their portfolio BEACHWOOD, OH 413,630413.6k $13.0m $13.0m 0.29% Added +226.3k +226,252
34 MML INVESTORS SERVICES, LLC 0.07% of their portfolio SPRINGFIELD, MA 384,718384.7k $12.1m $12.1m 0.07% Added +17.7k +17,674
35 MFA WEALTH ADVISORS, LLC 3.52% of their portfolio PITTSBURGH, PA 356,198356.2k $11.2m $11.2m 3.52% Reduced -2.4k -2,444
36 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 349,293349.3k $11.0m $11.0m 0.00% Reduced -21.6k -21,554
37 PRUDENTIAL PLC 0.13% of their portfolio LONDON, X0 346,120346.1k $10.9m $10.9m 0.13% Added +242.9k +242,870
38 Cetera Advisor Networks LLC 0.08% of their portfolio EL SEGUNDO, CA 344,617344.6k $10.8m $10.8m 0.08% Added +28.9k +28,924
39 NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio MONTREAL, A8 343,641343.6k $10.8m $10.8m 0.02% Reduced -2.0k -1,996
40 360 Financial, Inc. 5.21% of their portfolio WAYZATA, MN 320,496320.5k $10.1m $10.1m 5.21% Reduced -3.6k -3,591
41 Vishria Bird Financial Group, LLC 5.95% of their portfolio MEMPHIS, TN 318,389318.4k $10.0m $10.0m 5.95% Reduced -912 -912
42 Riggs Asset Managment Co. Inc. 3.52% of their portfolio DALLAS, PA 317,847317.8k $10.0m $10.0m 3.52% Added +4.5k +4,480
43 Ameraudi Asset Management, Inc. 3.81% of their portfolio New York, NY 276,873276.9k $8.7m $8.7m 3.81% Reduced -467 -467
44 Private Advisor Group, LLC 0.07% of their portfolio MORRISTOWN, NJ 267,096267.1k $8.4m $8.4m 0.07% Reduced -24.9k -24,876
45 MAI Capital Management 0.12% of their portfolio INDEPENDENCE, OH 249,985250.0k $7.9m $7.9m 0.12% Reduced -25.9k -25,894
46 CreativeOne Wealth, LLC 0.15% of their portfolio OVERLAND PARK, KS 221,206221.2k $6.1m $6.1m 0.15% Added +109.2k +109,186
47 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 220,458220.5k $6.9m $6.9m 0.01% Added +9.8k +9,768
48 Gladstone Institutional Advisory LLC 0.42% of their portfolio Bedminster, NJ 217,934217.9k $6.8m $6.8m 0.42% Added +65.2k +65,190
49 New England Private Wealth Advisors LLC 1.32% of their portfolio WELLESLEY, MA 208,569208.6k $6.6m $6.6m 1.32% Reduced -1.3k -1,322
50 Clarus Group, Inc. 4.77% of their portfolio HOUSTON, TX 208,194208.2k $6.5m $6.5m 4.77% Added +9.7k +9,685
51 Cetera Advisors LLC 0.10% of their portfolio DENVER, CO 207,971208.0k $6.5m $6.5m 0.10% Reduced -38.6k -38,557
52 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.52% of their portfolio ORLANDO, FL 207,569207.6k $3.8m $3.8m 0.52% New
53 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 203,589203.6k $6.4m $6.4m 0.02% First filing
54 Sharkey, Howes & Javer 1.18% of their portfolio DENVER, CO 198,997199.0k $6.3m $6.3m 1.18% Added +25.9k +25,871
55 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 193,839193.8k $6.1m $6.1m 0.03% Added +4.4k +4,397
56 PECAUT & CO. 2.46% of their portfolio SIOUX CITY, IA 185,512185.5k $5.8m $5.8m 2.46% New
57 Madrona Financial Services, LLC 2.84% of their portfolio EVERETT, WA 184,579184.6k $5.8m $5.8m 2.84% Reduced -21.7k -21,686
58 Bensler, LLC 1.08% of their portfolio Bellevue, WA 180,452180.5k $5.7m $5.7m 1.08% New
59 Frisch Financial Group, Inc. 2.67% of their portfolio MELVILLE, NY 177,511177.5k $5.6m $5.6m 2.67% Reduced -25.6k -25,582
60 Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 1.10% of their portfolio Tel Aviv, L3 170,896170.9k $5.3m $5.3m 1.10% Unchanged
61 IHT Wealth Management, LLC 0.28% of their portfolio Chicago, IL 168,868168.9k $5.3m $5.3m 0.28% Reduced -3.6k -3,602
62 Equitable Holdings, Inc. 0.07% of their portfolio NEW YORK, NY 161,282161.3k $5.1m $5.1m 0.07% Added +24.6k +24,629
63 Financial Advocates Investment Management 0.37% of their portfolio OLYMPIA, WA 159,242159.2k $5.0m $5.0m 0.37% Added +4.7k +4,715
64 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 149,041149.0k $4.7m $4.7m 0.01% Reduced -1.7k -1,655
65 Systelligence, LLC 1.45% of their portfolio BLOOMINGTON, MN 146,462146.5k $4.6m $4.6m 1.45% Reduced -56.9k -56,861
66 Gerber Kawasaki Wealth & Investment Management 0.30% of their portfolio SANTA MONICA, CA 143,486143.5k $4.5m $4.5m 0.30% Reduced -10.8k -10,824
67 JMAC ENTERPRISES LLC 1.10% of their portfolio NEWTOWN, PA 141,031141.0k $4.4m $4.4m 1.10% Added +3.2k +3,160
68 OGOREK ANTHONY JOSEPH /NY/ /ADV 1.58% of their portfolio WILLIAMSVILLE, NY 131,635131.6k $4.1m $4.1m 1.58% Added +8.5k +8,473
69 REDW Wealth LLC 1.22% of their portfolio ALBUQUERQUE, NM 129,833129.8k $4.1m $4.1m 1.22% Reduced -85.6k -85,635
70 MONTAG A & ASSOCIATES INC 0.25% of their portfolio ATLANTA, GA 129,121129.1k $4.1m $4.1m 0.25% Reduced -81.9k -81,899
71 Steward Partners Investment Advisory, LLC 0.06% of their portfolio STAMFORD, CT 127,026127.0k $4.0m $4.0m 0.06% Reduced -31.1k -31,075
72 TPG Financial Advisors, LLC 2.06% of their portfolio PORTLAND, OR 124,930124.9k $3.9m $3.9m 2.06% Added +37.6k +37,616
73 CX Institutional 0.20% of their portfolio AUBURN, IN 124,552124.6k $3.9m $3.9m 0.20% Reduced -5.5k -5,492
74 ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC 1.82% of their portfolio New Cumberland, PA 124,540124.5k $3.9m $3.9m 1.82% Added +14.3k +14,271
75 Vestmark Advisory Solutions, Inc. 0.15% of their portfolio Wakefield, MA 121,981122.0k $3.8m $3.8m 0.15% New
76 Spire Wealth Management 0.13% of their portfolio MCLEAN, VA 114,463114.5k $3.6m $3.6m 0.13% Reduced -7.3k -7,299
77 Centurion Wealth Management LLC 1.73% of their portfolio Mclean, VA 114,340114.3k $3.6m $3.6m 1.73% Added +1.7k +1,686
78 Snowden Capital Advisors LLC 0.12% of their portfolio New York, NY 110,845110.8k $3.5m $3.5m 0.12% Reduced -6.2k -6,171
79 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 110,448110.4k $3.5m $3.5m 0.03% Reduced -5.6k -5,635
80 Chicago Wealth Management, Inc. 2.56% of their portfolio CHICAGO, IL 106,721106.7k $3.4m $3.4m 2.56% New
81 NTV Asset Management LLC 0.58% of their portfolio Charleston, WV 106,526106.5k $3.3m $3.3m 0.58% Reduced -949 -949
82 Perennial Investment Advisors, LLC 0.58% of their portfolio Los Angeles, CA 103,634103.6k $3.3m $3.3m 0.58% Added +13.3k +13,300
83 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 101,086101.1k $3.2m $3.2m 0.01% Added +6.1k +6,058
84 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 99,50399.5k $3.1m $3.1m 0.04% Reduced -25.7k -25,681
85 CONGRESS ASSET MANAGEMENT CO 0.03% of their portfolio BOSTON, MA 99,47799.5k $3.1m $3.1m 0.03% Added +24.5k +24,452
86 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 98,77598.8k $3.1m $3.1m 0.01% Added +30.3k +30,276
87 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 98,34698.3k $3.1m $3.1m 0.01% Added +18.2k +18,169
88 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 93,93293.9k $3.0m $3.0m 0.01% Reduced -23.0k -22,990
89 Autumn Glory Partners, LLC 1.43% of their portfolio DALLAS, TX 93,46393.5k $1.9m $1.9m 1.43% Added +50.6k +50,623
90 Kingsview Wealth Management, LLC 0.11% of their portfolio GRANTS PASS, OR 91,92191.9k $2.9m $2.9m 0.11% Added +66.0k +65,957
91 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 89,51989.5k $2.8m $2.8m 0.03% Added +5.9k +5,902
92 B. Riley Wealth Advisors, Inc. 0.06% of their portfolio MEMPHIS, TN 88,72888.7k $2.8m $2.8m 0.06% Reduced -118.1k -118,147
93 PEDDOCK CAPITAL ADVISORS, LLC 0.87% of their portfolio BRAINTREE, MA 83,95084.0k $2.6m $2.6m 0.87% Added +4.1k +4,087
94 AE Wealth Management LLC 0.02% of their portfolio TOPEKA, KS 80,95881.0k $2.5m $2.5m 0.02% Reduced -5.8k -5,793
95 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 80,45480.5k $2.5m $2.5m 0.00% Added +70.3k +70,314
96 Legacy PCG, LLC 1.89% of their portfolio IRVINE, CA 79,70079.7k $2.5m $2.5m 1.89% Added +1.5k +1,487
97 SEAVIEW INVESTMENT MANAGERS LLC 0.80% of their portfolio MIAMI, FL 78,74678.7k $2.5m $2.5m 0.80% Reduced -1.5k -1,507
98 Ameritas Investment Partners, Inc. 0.09% of their portfolio LINCOLN, NE 77,36677.4k $2.4m $2.4m 0.09% Added +11.7k +11,695
99 Paladin Advisory Group, LLC 1.93% of their portfolio CLIVE, IA 76,59676.6k $2.4m $2.4m 1.93% Reduced -40 -40
100 Stratos Wealth Advisors, LLC 0.16% of their portfolio BEACHWOOD, OH 72,43572.4k $2.3m $2.3m 0.16% Reduced -3.5k -3,471