Vault-13

GLOBAL X FDS PAVE

US INFR DEV ETF · ETP · CUSIP 37954Y673

522 institutional holders +35 vs Q4 2023
131,409,106131.4m shares reported held*
$5.2bnreported value*
75 new 213 added 152 reduced 38 sold out net bought ≈ $827.5m (+20.8m 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 ($7.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $39.76. Options: 3 managers hold calls ($2.9m notional), 2 hold puts ($1.9m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 379Q4 22: 395Q1 23: 407Q2 23: 419Q3 23: 440Q4 23: 487Q1 24: 522522Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022379
Q4 2022395
Q1 2023407
Q2 2023419
Q3 2023440
Q4 2023487
Q1 2024522

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 23Q4 23: 221 bought or addedQ4 23: 191 cut or sold outQ4 23Q1 24: 288 bought or addedQ1 24: 190 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022132188
Q1 2023184186
Q2 2023181197
Q3 2023230164
Q4 2023221191
Q1 2024288190

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ2 23 calls: $5.1mQ2 23 puts: $8.4mQ2 23P/C 1.63Q3 23 calls: $4.0mQ3 23 puts: $1.7mQ3 23P/C 0.42Q4 23 calls: $4.4mQ4 23 puts: $1.5mQ4 23P/C 0.35Q1 24 calls: $2.9mQ1 24 puts: $1.9mQ1 24P/C 0.66
Numbers
QuarterCallsPutsP/C
Q2 2023$5.1m$8.4m1.63
Q3 2023$4.0m$1.7m0.42
Q4 2023$4.4m$1.5m0.35
Q1 2024$2.9m$1.9m0.66

Biggest buyers

MORGAN STANLEY Added +8,737,789+8.7m
PRINCIPAL FINANCIAL GROUP INC New +2,590,000+2.6m
BANK OF MONTREAL /CAN/ Added +1,882,015+1.9m
BANK OF AMERICA CORP /DE/ Added +1,199,924+1.2m
Moss Adams Wealth Advisors LLC New +854,373+854.4k
Cetera Investment Advisers Added +705,438+705.4k
LPL Financial LLC Added +683,805+683.8k
First Interstate Bank New +651,479+651.5k
Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) New +509,000+509.0k
MEITAV INVESTMENT HOUSE LTD Added +350,000+350.0k

Biggest sellers

CW Advisors, LLC Reduced -548,267-548.3k
Cetera Advisor Networks LLC Sold out -356,534-356.5k
EVERGREEN CAPITAL MANAGEMENT LLC Sold out -353,751-353.8k
Cetera Advisors LLC Sold out -213,726-213.7k
AE Wealth Management LLC Reduced -187,958-188.0k
Omnia Family Wealth, LLC Sold out -166,506-166.5k
Frisch Financial Group, Inc. Sold out -153,741-153.7k
Thrivent Financial for Lutherans Reduced -132,030-132.0k
Advisor Resource Council Reduced -121,898-121.9k
CWM, LLC Reduced -88,340-88.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.7m43.9k shares
CITADEL ADVISORS LLC Reduced $927.6k23.3k shares
WOLVERINE TRADING, LLC Reduced $234.9k5.9k shares

Biggest puts

BANK OF AMERICA CORP /DE/ New $1.7m42.7k shares
CITADEL ADVISORS LLC Reduced $211.0k5.3k 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 23,690,88923.7m $943.1m $943.1m 0.03% Added +8.7m +8,737,789
2 BANK OF AMERICA CORP /DE/ 0.08% of their portfolio CHARLOTTE, NC 20,193,93020.2m $803.9m $803.9m 0.08% Added +1.2m +1,199,924
3 BANK OF MONTREAL /CAN/ 0.22% of their portfolio TORONTO, A6 17,562,59917.6m $698.1m $698.1m 0.22% Added +1.9m +1,882,015
4 Harel Insurance Investments & Financial Services Ltd. 5.27% of their portfolio Ramat Gan, L3 6,833,8016.8m $272.1m $272.1m 5.27% Unchanged
5 LPL Financial LLC 0.13% of their portfolio FORT MILL, SC 6,113,8546.1m $243.4m $243.4m 0.13% Added +683.8k +683,805
6 CIBC Private Wealth Group LLC 0.22% of their portfolio ATLANTA, GA 2,835,2212.8m $112.0m $112.0m 0.22% Added +155.7k +155,655
7 PRINCIPAL FINANCIAL GROUP INC 0.06% of their portfolio DES MOINES, IA 2,590,0002.6m $103.1m $103.1m 0.06% New
8 MEITAV INVESTMENT HOUSE LTD 1.91% of their portfolio BENE-BERAQ, L3 2,454,2272.5m $97.7m $97.7m 1.91% Added +350.0k +350,000
9 CW Advisors, LLC 1.66% of their portfolio BOSTON, MA 2,408,0552.4m $95.9m $95.9m 1.66% Reduced -548.3k -548,267
10 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 2,280,7302.3m $90.8m $90.8m 0.02% Added +176.3k +176,272
11 UBS Group AG 0.02% of their portfolio ZURICH, V8 1,664,5921.7m $66.3m $66.3m 0.02% Added +223.8k +223,773
12 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 1,411,8911.4m $56.2m $56.2m 0.06% Added +36.6k +36,602
13 GenTrust, LLC 3.38% of their portfolio MIAMI, FL 1,376,7001.4m $54.8m $54.8m 3.38% Added +138.2k +138,238
14 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,271,8301.3m $50.6m $50.6m 0.02% Added +237.2k +237,216
15 Raymond James Financial Services Advisors, Inc. 0.07% of their portfolio ST. PETERSBURG, FL 1,252,6981.3m $49.9m $49.9m 0.07% Added +17.6k +17,630
16 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,140,6371.1m $45.4m $45.4m 0.01% Added +30.9k +30,877
17 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,136,7921.1m $45.3m $45.3m 0.00% Added +211.7k +211,704
18 Mariner, LLC 0.09% of their portfolio Overland Park, KS 1,083,6071.1m $43.1m $43.1m 0.09% Reduced -25.9k -25,851
19 COMMONWEALTH EQUITY SERVICES, LLC 0.07% of their portfolio WALTHAM, MA 1,082,0111.1m $43.1m $43.1m 0.07% Added +40.1k +40,116
20 Cetera Investment Advisers 0.09% of their portfolio SCHAUMBURG, IL 922,494922.5k $36.7m $36.7m 0.09% Added +705.4k +705,438
21 Moss Adams Wealth Advisors LLC 5.46% of their portfolio SEATTLE, WA 854,373854.4k $34.0m $34.0m 5.46% New
22 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 807,303807.3k $32.1m $32.1m 0.07% Added +134.1k +134,094
23 Evolution Wealth Advisors, LLC 5.96% of their portfolio AVENTURA, FL 781,156781.2k $31.1m $31.1m 5.96% Added +1.3k +1,331
24 Destination Wealth Management 0.93% of their portfolio Walnut Creek, CA 700,405700.4k $27.9m $27.9m 0.93% Reduced -19.9k -19,857
25 First Interstate Bank 1.80% of their portfolio Billings, MT 651,479651.5k $25.9m $25.9m 1.80% New
26 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 621,943621.9k $24.8m $24.8m 0.01% Added +26.2k +26,151
27 Bensler, LLC 3.50% of their portfolio Bellevue, WA 606,393606.4k $24.1m $24.1m 3.50% Added +239.6k +239,601
28 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 585,850585.9k $23.3m $23.3m 0.04% Added +15.8k +15,771
29 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 521,070521.1k $20.7m $20.7m 0.01% Added +23.9k +23,936
30 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio London, X0 509,278509.3k $20.3m $20.3m 0.02% Unchanged
31 Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) 1.95% of their portfolio Tel Aviv, L3 509,000509.0k $20.3m $20.3m 1.95% New
32 MML INVESTORS SERVICES, LLC 0.08% of their portfolio SPRINGFIELD, MA 485,392485.4k $19.3m $19.3m 0.08% Added +29.6k +29,634
33 Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 1.66% of their portfolio Tel Aviv, L3 478,564478.6k $19.1m $19.1m 1.66% Unchanged
34 Stratos Wealth Partners, LTD. 0.31% of their portfolio BEACHWOOD, OH 475,240475.2k $18.9m $18.9m 0.31% Added +19.5k +19,518
35 Riggs Asset Managment Co. Inc. 5.18% of their portfolio DALLAS, PA 445,815445.8k $17.7m $17.7m 5.18% Added +589 +589
36 GREAT VALLEY ADVISOR GROUP, INC. 0.52% of their portfolio WILMINGTON, DE 432,767432.8k $17.2m $17.2m 0.52% Reduced -80 -80
37 Mirae Asset Global Investments Co., Ltd. 0.04% of their portfolio SEOUL, M5 430,183430.2k $17.1m $17.1m 0.04% Added +294.2k +294,183
38 BLAIR WILLIAM & CO/IL 0.05% of their portfolio CHICAGO, IL 424,831424.8k $16.9m $16.9m 0.05% Reduced -1.7k -1,683
39 NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio MONTREAL, A8 404,690404.7k $15.9m $15.9m 0.03% Added +70.7k +70,725
40 BANK HAPOALIM BM 2.05% of their portfolio TEL AVIV, L3 397,822397.8k $15.8m $15.8m 2.05% Reduced -7.2k -7,192
41 Kestra Advisory Services, LLC 0.10% of their portfolio AUSTIN, TX 390,886390.9k $15.6m $15.6m 0.10% Added +68.3k +68,260
42 Beaumont Financial Advisors, LLC 1.27% of their portfolio NEEDHAM, MA 387,505387.5k $15.4m $15.4m 1.27% Reduced -10.6k -10,646
43 Cooper Financial Group 2.50% of their portfolio IRVINE, CA 381,711381.7k $15.2m $15.2m 2.50% Added +39.7k +39,678
44 Bulltick Wealth Management, LLC 3.15% of their portfolio Miami, FL 379,116379.1k $15.1m $15.1m 3.15% Reduced -11.8k -11,775
45 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 345,012345.0k $13.7m $13.7m 0.03% Reduced -132.0k -132,030
46 CWM, LLC 0.07% of their portfolio OMAHA, NE 342,369342.4k $13.6m $13.6m 0.07% Reduced -88.3k -88,340
47 MFA WEALTH ADVISORS, LLC 3.54% of their portfolio PITTSBURGH, PA 337,809337.8k $13.4m $13.4m 3.54% Reduced -7.9k -7,876
48 PRUDENTIAL PLC 0.11% of their portfolio LONDON, X0 328,810328.8k $13.1m $13.1m 0.11% Added +18.8k +18,750
49 Vishria Bird Financial Group, LLC 5.36% of their portfolio MEMPHIS, TN 314,632314.6k $12.5m $12.5m 5.36% Reduced -1.1k -1,148
50 360 Financial, Inc. 4.74% of their portfolio WAYZATA, MN 306,419306.4k $12.2m $12.2m 4.74% Added +5.2k +5,152
51 Connectus Wealth, LLC 0.33% of their portfolio CINCINNATI, OH 299,301299.3k $11.9m $11.9m 0.33% New
52 OGOREK ANTHONY JOSEPH /NY/ /ADV 4.12% of their portfolio WILLIAMSVILLE, NY 298,217298.2k $11.9m $11.9m 4.12% Added +55.8k +55,756
53 Private Advisor Group, LLC 0.08% of their portfolio MORRISTOWN, NJ 294,996295.0k $11.7m $11.7m 0.08% Reduced -56.2k -56,194
54 Clark Capital Management Group, Inc. 0.08% of their portfolio PHILADELPHIA, PA 285,263285.3k $11.4m $11.4m 0.08% Added +151.1k +151,119
55 WCG Wealth Advisors LLC 0.93% of their portfolio LAS VEGAS, NV 279,171279.2k $11.1m $11.1m 0.93% New
56 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 274,000274.0k $10.9m $10.9m 0.02% Unchanged
57 JMAC ENTERPRISES LLC 1.96% of their portfolio NEWTOWN, PA 265,076265.1k $10.6m $10.6m 1.96% Added +34.4k +34,353
58 Ameritas Advisory Services, LLC 0.43% of their portfolio Lincoln, NE 264,060264.1k $10.5m $10.5m 0.43% Added +101.2k +101,229
59 Ameraudi Asset Management, Inc. 4.84% of their portfolio New York, NY 260,862260.9k $10.4m $10.4m 4.84% Reduced -2.8k -2,769
60 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 259,080259.1k $10.3m $10.3m 0.04% Added +28.2k +28,164
61 IHT Wealth Management, LLC 0.40% of their portfolio Chicago, IL 252,589252.6k $10.1m $10.1m 0.40% Added +91.8k +91,750
62 Sharkey, Howes & Javer 1.59% of their portfolio DENVER, CO 243,968244.0k $9.7m $9.7m 1.59% Reduced -18.9k -18,884
63 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 243,515243.5k $9.7m $9.7m 0.03% Added +22.3k +22,252
64 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 241,929241.9k $9.6m $9.6m 0.01% Reduced -8.6k -8,571
65 Financial Advocates Investment Management 0.54% of their portfolio OLYMPIA, WA 240,146240.1k $9.2m $9.2m 0.54% Added +38.8k +38,764
66 Equitable Holdings, Inc. 0.10% of their portfolio NEW YORK, NY 233,973234.0k $9.3m $9.3m 0.10% Added +13.7k +13,655
67 Sage Capital Management, LLC 4.94% of their portfolio Stockton, NJ 228,774228.8k $9.1m $9.1m 4.94% Added +664 +664
68 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 217,814217.8k $8.7m $8.7m 0.02% Added +5.3k +5,311
69 MAI Capital Management 0.09% of their portfolio INDEPENDENCE, OH 217,670217.7k $8.7m $8.7m 0.09% Reduced -9.4k -9,430
70 New England Private Wealth Advisors LLC 1.43% of their portfolio WELLESLEY, MA 204,552204.6k $8.1m $8.1m 1.43% Reduced -6.4k -6,425
71 Royal Harbor Partners, LLC 3.49% of their portfolio HOUSTON, TX 201,130201.1k $8.0m $8.0m 3.49% Reduced -215 -215
72 Chicago Wealth Management, Inc. 4.73% of their portfolio CHICAGO, IL 200,033200.0k $8.0m $8.0m 4.73% Added +34.9k +34,893
73 Clarus Group, Inc. 5.40% of their portfolio HOUSTON, TX 193,857193.9k $7.7m $7.7m 5.40% Reduced -5.0k -4,980
74 KICKSTAND VENTURES, LLC. 2.08% of their portfolio PITTSFORD, NY 184,260184.3k $7.3m $7.3m 2.08% New
75 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 181,770181.8k $7.2m $7.2m 0.02% Added +12.7k +12,731
76 LWM Advisory Services, LLC 5.77% of their portfolio PLANTATION, FL 180,739180.7k $7.2m $7.2m 5.77% Added +155.6k +155,579
77 PECAUT & CO. 2.64% of their portfolio SIOUX CITY, IA 177,987178.0k $7.1m $7.1m 2.64% Reduced -8.2k -8,199
78 Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 1.77% of their portfolio Tel Aviv, L3 170,896170.9k $6.8m $6.8m 1.77% Unchanged
79 HBW ADVISORY SERVICES LLC 1.05% of their portfolio SIMI VALLEY, CA 162,325162.3k $5.6m $5.6m 1.05% Unchanged
80 ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC 2.30% of their portfolio New Cumberland, PA 160,706160.7k $6.4m $6.4m 2.30% Added +12.5k +12,519
81 CENTAURUS FINANCIAL, INC. 0.44% of their portfolio ANAHEIM, CA 157,707157.7k $6.3m $6.3m 0.44% Added +29.8k +29,834
82 Financial Partners Group, Inc 0.94% of their portfolio Overland Park, KS 148,816148.8k $5.9m $5.9m 0.94% Added +141.0k +141,017
83 Gerber Kawasaki Wealth & Investment Management 0.32% of their portfolio SANTA MONICA, CA 148,704148.7k $5.9m $5.9m 0.32% Reduced -26 -26
84 Ratio Wealth Group 1.04% of their portfolio DENVER, CO 140,280140.3k $5.6m $5.6m 1.04% Added +13.3k +13,329
85 National Philanthropic Trust 0.12% of their portfolio Jenkintown, PA 136,964137.0k $5.5m $5.5m 0.12% Added +15.9k +15,920
86 NTV Asset Management LLC 0.79% of their portfolio Charleston, WV 130,060130.1k $5.2m $5.2m 0.79% Added +4.0k +3,973
87 MONTAG A & ASSOCIATES INC 0.25% of their portfolio ATLANTA, GA 127,715127.7k $5.1m $5.1m 0.25% Reduced -1.4k -1,356
88 Gladstone Institutional Advisory LLC 0.28% of their portfolio Bedminster, NJ 126,397126.4k $5.0m $5.0m 0.28% Added +120.2k +120,188
89 New Millennium Group LLC 3.78% of their portfolio SANDY, UT 125,746125.7k $5.0m $5.0m 3.78% Added +10.0k +9,961
90 Steward Partners Investment Advisory, LLC 0.05% of their portfolio STAMFORD, CT 124,788124.8k $5.0m $5.0m 0.05% Added +3.3k +3,288
91 Snowden Capital Advisors LLC 0.15% of their portfolio New York, NY 124,294124.3k $4.9m $4.9m 0.15% Added +13.3k +13,284
92 Systelligence, LLC 1.29% of their portfolio BLOOMINGTON, MN 124,189124.2k $4.9m $4.9m 1.29% Reduced -13.8k -13,833
93 Aspire Capital Advisors LLC 1.64% of their portfolio SEATTLE, WA 121,976122.0k $4.9m $4.9m 1.64% Reduced -1.8k -1,808
94 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 118,444118.4k $4.7m $4.7m 0.01% Added +18.9k +18,857
95 CX Institutional 0.23% of their portfolio AUBURN, IN 118,264118.3k $4.7m $4.7m 0.23% Reduced -1.5k -1,483
96 CreativeOne Wealth, LLC 0.18% of their portfolio OVERLAND PARK, KS 114,076114.1k $4.5m $4.5m 0.18% Added +30.7k +30,706
97 Transamerica Financial Advisors, LLC 0.45% of their portfolio CEDAR RAPIDS, IA 111,895111.9k $4.5m $4.5m 0.45% Added +15.2k +15,190
98 OPPENHEIMER & CO INC 0.07% of their portfolio NEW YORK, NY 108,261108.3k $4.3m $4.3m 0.07% Added +23.2k +23,246
99 Allworth Financial LP 0.03% of their portfolio FOLSOM, CA 106,655106.7k $4.2m $4.2m 0.03% Reduced -26.5k -26,510
100 Trinity Wealth Management, LLC 2.19% of their portfolio BERWYN, PA 106,404106.4k $4.2m $4.2m 2.19% New