Vault-13

GLOBAL X FDS PAVE

US INFR DEV ETF · ETP · CUSIP 37954Y673

440 institutional holders +21 vs Q2 2023
102,699,733102.7m shares reported held*
$3.1bnreported value*
47 new 183 added 134 reduced 30 sold out net bought ≈ $283.3m (+9.2m 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 ($11.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $30.51. Options: 4 managers hold calls ($4.0m notional), 5 hold puts ($1.7m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 379Q4 22: 395Q1 23: 407Q2 23: 419Q3 23: 440440Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022379
Q4 2022395
Q1 2023407
Q2 2023419
Q3 2023440

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 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 23Q3 23: 230 bought or addedQ3 23: 164 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022132188
Q1 2023184186
Q2 2023181197
Q3 2023230164

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ4 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 1.63Q3 23 calls: $4.0mQ3 23 puts: $1.7mQ3 23P/C 0.42
Numbers
QuarterCallsPutsP/C
Q4 2022$6.1m$1.5m0.25
Q1 2023$5.9m$952.6k0.16
Q2 2023$5.1m$8.4m1.63
Q3 2023$4.0m$1.7m0.42

Biggest buyers

BANK OF MONTREAL /CAN/ Added +2,396,753+2.4m
MORGAN STANLEY Added +1,452,495+1.5m
LPL Financial LLC Added +1,400,747+1.4m
JPMORGAN CHASE & CO Added +932,741+932.7k
SCHRODER INVESTMENT MANAGEMENT GROUP New +492,573+492.6k
Thrivent Financial for Lutherans New +405,935+405.9k
OSAIC HOLDINGS, INC. Added +349,109+349.1k
Destiny Wealth Partners, LLC New +348,854+348.9k
SEI INVESTMENTS CO New +274,000+274.0k
HighTower Advisors, LLC Added +271,782+271.8k

Biggest sellers

CIBC Private Wealth Group LLC Reduced -1,431,927-1.4m
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC Sold out -207,569-207.6k
Madrona Financial Services, LLC Reduced -144,157-144.2k
CreativeOne Wealth, LLC Reduced -135,666-135.7k
Centurion Wealth Management LLC Reduced -102,429-102.4k
Spire Wealth Management Reduced -101,450-101.5k
JANE STREET GROUP, LLC Sold out -80,454-80.5k
Mariner, LLC Reduced -75,458-75.5k
ML & R WEALTH MANAGEMENT LLC Sold out -53,500-53.5k
Autumn Glory Partners, LLC Reduced -50,301-50.3k

Biggest calls

CITADEL ADVISORS LLC Reduced $2.3m75.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.2m38.0k shares
Walleye Trading LLC Reduced $568.1k18.7k shares
Cutler Group LLC / CA Added $27.0k9.6k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $689.6k22.7k shares
CITADEL ADVISORS LLC Added $574.2k18.9k shares
Walleye Trading LLC Added $431.4k14.2k shares
HighTower Advisors, LLC New $2.0k20 shares
Cutler Group LLC / CA Added $0800 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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.07% of their portfolio CHARLOTTE, NC 18,589,86818.6m $564.8m $564.8m 0.07% Added +135.4k +135,410
2 BANK OF MONTREAL /CAN/ 0.16% of their portfolio TORONTO, A6 14,023,09814.0m $438.2m $438.2m 0.16% Added +2.4m +2,396,753
3 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 7,033,0817.0m $213.7m $213.7m 0.02% Added +1.5m +1,452,495
4 Harel Insurance Investments & Financial Services Ltd. 4.10% of their portfolio Ramat Gan, L3 6,833,8016.8m $207.6m $207.6m 4.10% Added +1 +1
5 LPL Financial LLC 0.13% of their portfolio FORT MILL, SC 6,173,8696.2m $187.6m $187.6m 0.13% Added +1.4m +1,400,747
6 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 4,532,6574.5m $137.7m $137.7m 0.02% Added +932.7k +932,741
7 CW Advisors, LLC 1.56% of their portfolio BOSTON, MA 2,492,6862.5m $75.7m $75.7m 1.56% Reduced -46.4k -46,425
8 CIBC Private Wealth Group LLC 0.17% of their portfolio ATLANTA, GA 2,316,7452.3m $70.4m $70.4m 0.17% Reduced -1.4m -1,431,927
9 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,896,3791.9m $57.6m $57.6m 0.02% Added +160.7k +160,686
10 MEITAV INVESTMENT HOUSE LTD 0.85% of their portfolio BENE-BERAQ, L3 1,706,6491.7m $52.5m $52.5m 0.85% Added +233.1k +233,077
11 GenTrust, LLC 2.83% of their portfolio MIAMI, FL 1,324,5461.3m $40.2m $40.2m 2.83% Added +96.1k +96,084
12 UBS Group AG 0.02% of their portfolio ZURICH, V8 1,287,3111.3m $39.1m $39.1m 0.02% Added +208.8k +208,753
13 Raymond James Financial Services Advisors, Inc. 0.07% of their portfolio ST. PETERSBURG, FL 1,189,8561.2m $36.1m $36.1m 0.07% Added +59.5k +59,502
14 Mariner, LLC 0.09% of their portfolio Overland Park, KS 1,148,1931.1m $34.9m $34.9m 0.09% Reduced -75.5k -75,458
15 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 1,103,9861.1m $33.5m $33.5m 0.04% Added +85.6k +85,611
16 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,067,6081.1m $32.4m $32.4m 0.01% Added +131.5k +131,500
17 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 1,040,3831.0m $31.6m $31.6m 0.05% Added +349.1k +349,109
18 Portfolio Strategies, Inc. 5.79% of their portfolio MONTVALE, NJ 989,457989.5k $30.1m $30.1m 5.79% Added +2.3k +2,280
19 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 983,212983.2k $29.9m $29.9m 0.06% Added +36.6k +36,567
20 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 973,134973.1k $29.6m $29.6m 0.01% Added +132.2k +132,201
21 Evolution Wealth Advisors, LLC 5.30% of their portfolio AVENTURA, FL 780,726780.7k $23.7m $23.7m 5.30% Added +345 +345
22 Destination Wealth Management 0.86% of their portfolio Walnut Creek, CA 726,952727.0k $22.1m $22.1m 0.86% Reduced -28.1k -28,132
23 Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) 1.69% of their portfolio Tel Aviv, L3 650,000650.0k $19.7m $19.7m 1.69% Unchanged
24 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 521,145521.1k $15.8m $15.8m 0.01% Added +171.9k +171,852
25 CWM, LLC 0.10% of their portfolio OMAHA, NE 510,767510.8k $15.5m $15.5m 0.10% Reduced -34.2k -34,227
26 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio London, X0 492,573492.6k $15.0m $15.0m 0.02% New
27 Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 1.08% of their portfolio Tel Aviv, L3 478,564478.6k $14.7m $14.7m 1.08% Unchanged
28 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 477,137477.1k $14.5m $14.5m 0.01% Reduced -2.1k -2,115
29 Stratos Wealth Partners, LTD. 0.30% of their portfolio BEACHWOOD, OH 458,554458.6k $13.9m $13.9m 0.30% Added +44.9k +44,924
30 Paragon Wealth Strategies, LLC 4.03% of their portfolio JACKSONVILLE, FL 444,914444.9k $13.5m $13.5m 4.03% Added +6.3k +6,311
31 MML INVESTORS SERVICES, LLC 0.07% of their portfolio SPRINGFIELD, MA 443,264443.3k $13.5m $13.5m 0.07% Added +58.5k +58,546
32 BANK HAPOALIM BM 2.09% of their portfolio TEL AVIV, L3 426,059426.1k $12.9m $12.9m 2.09% Reduced -6.3k -6,275
33 GREAT VALLEY ADVISOR GROUP, INC. 0.54% of their portfolio WILMINGTON, DE 425,439425.4k $12.9m $12.9m 0.54% Added +5.4k +5,406
34 BLAIR WILLIAM & CO/IL 0.05% of their portfolio CHICAGO, IL 424,709424.7k $12.9m $12.9m 0.05% Added +6.3k +6,310
35 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 420,823420.8k $12.8m $12.8m 0.02% Added +271.8k +271,782
36 Beaumont Financial Advisors, LLC 1.26% of their portfolio NEEDHAM, MA 413,947413.9k $12.6m $12.6m 1.26% Reduced -10.6k -10,554
37 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 405,935405.9k $12.3m $12.3m 0.03% New
38 Bulltick Wealth Management, LLC 3.05% of their portfolio Miami, FL 403,966404.0k $12.3m $12.3m 3.05% Reduced -18.2k -18,175
39 Destiny Wealth Partners, LLC 2.14% of their portfolio TAVARES, FL 348,854348.9k $10.6m $10.6m 2.14% New
40 Private Advisor Group, LLC 0.09% of their portfolio MORRISTOWN, NJ 347,299347.3k $10.5m $10.5m 0.09% Added +80.2k +80,203
41 MFA WEALTH ADVISORS, LLC 3.27% of their portfolio PITTSBURGH, PA 346,228346.2k $10.5m $10.5m 3.27% Reduced -10.0k -9,970
42 NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio MONTREAL, A8 336,913336.9k $10.0m $10.0m 0.02% Reduced -6.7k -6,728
43 PRUDENTIAL PLC 0.11% of their portfolio LONDON, X0 323,660323.7k $9.8m $9.8m 0.11% Reduced -22.5k -22,460
44 Riggs Asset Managment Co. Inc. 3.48% of their portfolio DALLAS, PA 321,844321.8k $9.8m $9.8m 3.48% Added +4.0k +3,997
45 Vishria Bird Financial Group, LLC 5.48% of their portfolio MEMPHIS, TN 318,389318.4k $9.7m $9.7m 5.48% Unchanged
46 360 Financial, Inc. 5.91% of their portfolio WAYZATA, MN 317,102317.1k $9.5m $9.5m 5.91% Reduced -3.4k -3,394
47 Cetera Advisor Networks LLC 0.06% of their portfolio EL SEGUNDO, CA 313,232313.2k $9.5m $9.5m 0.06% Reduced -31.4k -31,385
48 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 274,000274.0k $8.3m $8.3m 0.01% New
49 Ameraudi Asset Management, Inc. 3.94% of their portfolio New York, NY 272,816272.8k $8.3m $8.3m 3.94% Reduced -4.1k -4,057
50 MAI Capital Management 0.11% of their portfolio INDEPENDENCE, OH 249,801249.8k $7.6m $7.6m 0.11% Reduced -184 -184
51 Bensler, LLC 1.44% of their portfolio Bellevue, WA 246,133246.1k $7.5m $7.5m 1.44% Added +65.7k +65,681
52 Gladstone Institutional Advisory LLC 0.48% of their portfolio Bedminster, NJ 242,332242.3k $7.4m $7.4m 0.48% Added +24.4k +24,398
53 OGOREK ANTHONY JOSEPH /NY/ /ADV 2.82% of their portfolio WILLIAMSVILLE, NY 235,246235.2k $7.1m $7.1m 2.82% Added +103.6k +103,611
54 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 229,004229.0k $7.0m $7.0m 0.01% Added +8.5k +8,546
55 Vestmark Advisory Solutions, Inc. 0.50% of their portfolio Wakefield, MA 225,798225.8k $6.9m $6.9m 0.50% Added +103.8k +103,817
56 Cerity Partners LLC 0.03% of their portfolio NEW YORK, NY 223,059223.1k $6.8m $6.8m 0.03% Added +208.5k +208,467
57 Cetera Advisors LLC 0.10% of their portfolio DENVER, CO 215,959216.0k $6.6m $6.6m 0.10% Added +8.0k +7,988
58 Sharkey, Howes & Javer 1.25% of their portfolio DENVER, CO 214,370214.4k $6.5m $6.5m 1.25% Added +15.4k +15,373
59 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 213,986214.0k $6.5m $6.5m 0.03% Added +20.1k +20,147
60 Clarus Group, Inc. 4.70% of their portfolio HOUSTON, TX 213,357213.4k $6.5m $6.5m 4.70% Added +5.2k +5,163
61 New England Private Wealth Advisors LLC 1.34% of their portfolio WELLESLEY, MA 210,977211.0k $6.4m $6.4m 1.34% Added +2.4k +2,408
62 JMAC ENTERPRISES LLC 1.54% of their portfolio NEWTOWN, PA 204,858204.9k $6.2m $6.2m 1.54% Added +63.8k +63,827
63 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 203,706203.7k $6.2m $6.2m 0.02% Added +117 +117
64 Equitable Holdings, Inc. 0.09% of their portfolio NEW YORK, NY 202,533202.5k $6.2m $6.2m 0.09% Added +41.3k +41,251
65 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 192,641192.6k $5.9m $5.9m 0.02% Added +93.9k +93,866
66 Financial Advocates Investment Management 0.44% of their portfolio OLYMPIA, WA 189,529189.5k $5.9m $5.9m 0.44% Added +30.3k +30,287
67 PECAUT & CO. 2.31% of their portfolio SIOUX CITY, IA 181,534181.5k $5.5m $5.5m 2.31% Reduced -4.0k -3,978
68 IHT Wealth Management, LLC 0.27% of their portfolio Chicago, IL 177,485177.5k $5.4m $5.4m 0.27% Added +8.6k +8,617
69 Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 1.12% of their portfolio Tel Aviv, L3 170,896170.9k $5.3m $5.3m 1.12% Unchanged
70 Fifth Third Securities, Inc. 0.58% of their portfolio Cincinnati, OH 169,538169.5k $5.2m $5.2m 0.58% Added +127.2k +127,183
71 HBW ADVISORY SERVICES LLC 1.00% of their portfolio SIMI VALLEY, CA 157,325157.3k $4.8m $4.8m 1.00% Added +119.5k +119,459
72 Chicago Wealth Management, Inc. 3.73% of their portfolio CHICAGO, IL 155,663155.7k $4.7m $4.7m 3.73% Added +48.9k +48,942
73 Frisch Financial Group, Inc. 1.91% of their portfolio MELVILLE, NY 155,024155.0k $4.7m $4.7m 1.91% Reduced -22.5k -22,487
74 TPG Financial Advisors, LLC 2.37% of their portfolio PORTLAND, OR 150,666150.7k $4.6m $4.6m 2.37% Added +25.7k +25,736
75 Gerber Kawasaki Wealth & Investment Management 0.30% of their portfolio SANTA MONICA, CA 144,304144.3k $4.4m $4.4m 0.30% Added +818 +818
76 MONTAG A & ASSOCIATES INC 0.28% of their portfolio ATLANTA, GA 144,161144.2k $4.4m $4.4m 0.28% Added +15.0k +15,040
77 ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC 2.02% of their portfolio New Cumberland, PA 138,891138.9k $4.2m $4.2m 2.02% Added +14.4k +14,351
78 Systelligence, LLC 1.16% of their portfolio BLOOMINGTON, MN 135,737135.7k $4.1m $4.1m 1.16% Reduced -10.7k -10,725
79 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 125,963126.0k $3.8m $3.8m 0.03% Added +15.5k +15,515
80 NTV Asset Management LLC 0.66% of their portfolio Charleston, WV 119,592119.6k $3.6m $3.6m 0.66% Added +13.1k +13,066
81 CX Institutional 0.20% of their portfolio AUBURN, IN 118,266118.3k $3.6m $3.6m 0.20% Reduced -6.3k -6,286
82 REDW Wealth LLC 1.08% of their portfolio ALBUQUERQUE, NM 115,512115.5k $3.5m $3.5m 1.08% Reduced -14.3k -14,321
83 Snowden Capital Advisors LLC 0.15% of their portfolio New York, NY 115,099115.1k $3.5m $3.5m 0.15% Added +4.3k +4,254
84 Kingsview Wealth Management, LLC 0.12% of their portfolio GRANTS PASS, OR 109,837109.8k $3.3m $3.3m 0.12% Added +17.9k +17,916
85 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 109,698109.7k $3.3m $3.3m 0.01% Added +8.6k +8,612
86 Steward Partners Investment Advisory, LLC 0.05% of their portfolio STAMFORD, CT 103,000103.0k $3.1m $3.1m 0.05% Reduced -24.0k -24,026
87 Perennial Investment Advisors, LLC 0.57% of their portfolio Los Angeles, CA 102,828102.8k $3.1m $3.1m 0.57% Reduced -806 -806
88 Ameritas Advisory Services, LLC 0.16% of their portfolio Lincoln, NE 102,649102.6k $3.1m $3.1m 0.16% Added +92.4k +92,375
89 Austin Wealth Management, LLC 0.98% of their portfolio Austin, TX 100,822100.8k $3.2m $3.2m 0.98% First filing
90 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 97,21797.2k $3.0m $3.0m 0.00% Reduced -1.1k -1,129
91 CONGRESS ASSET MANAGEMENT CO 0.03% of their portfolio BOSTON, MA 94,72194.7k $2.9m $2.9m 0.03% Reduced -4.8k -4,756
92 Legacy PCG, LLC 2.08% of their portfolio IRVINE, CA 91,53491.5k $2.8m $2.8m 2.08% Added +11.8k +11,834
93 B. Riley Wealth Advisors, Inc. 0.07% of their portfolio MEMPHIS, TN 91,20091.2k $2.8m $2.8m 0.07% Added +2.5k +2,472
94 WT Wealth Management 1.18% of their portfolio SCOTTSDALE, AZ 90,81990.8k $2.8m $2.8m 1.18% New
95 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 86,67286.7k $2.6m $2.6m 0.01% Reduced -7.3k -7,260
96 CreativeOne Wealth, LLC 0.19% of their portfolio OVERLAND PARK, KS 85,54085.5k $2.6m $2.6m 0.19% Reduced -135.7k -135,666
97 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 84,11384.1k $2.6m $2.6m 0.00% Added +32.2k +32,207
98 Ameritas Investment Partners, Inc. 0.10% of their portfolio LINCOLN, NE 82,68882.7k $2.5m $2.5m 0.10% Added +5.3k +5,322
99 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 82,27682.3k $2.5m $2.5m 0.01% Added +1.3k +1,318
100 PEDDOCK CAPITAL ADVISORS, LLC 0.82% of their portfolio BRAINTREE, MA 81,15481.2k $2.5m $2.5m 0.82% Reduced -2.8k -2,796