Vault-13

GLOBAL X FDS PAVE

US INFR DEV ETF · ETP · CUSIP 37954Y673

598 institutional holders +48 vs Q3 2024
146,173,943146.2m shares reported held*
$5.9bnreported value*
58 new 212 added 170 reduced 43 sold out net bought ≈ $408.1m (+10.1m 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 ($1.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $40.44. Options: 3 managers hold calls ($2.4m notional), 3 hold puts ($1.6m).

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 379Q4 22: 395Q1 23: 407Q2 23: 419Q3 23: 440Q4 23: 487Q1 24: 522Q2 24: 527Q3 24: 550Q4 24: 598598Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022379
Q4 2022395
Q1 2023407
Q2 2023419
Q3 2023440
Q4 2023487
Q1 2024522
Q2 2024527
Q3 2024550
Q4 2024598

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 23: 184 bought or addedQ1 23: 186 cut or sold outQ2 23: 181 bought or addedQ2 23: 197 cut or sold outQ2 23Q3 23: 230 bought or addedQ3 23: 164 cut or sold outQ4 23: 221 bought or addedQ4 23: 191 cut or sold outQ4 23Q1 24: 288 bought or addedQ1 24: 190 cut or sold outQ2 24: 259 bought or addedQ2 24: 205 cut or sold outQ2 24Q3 24: 282 bought or addedQ3 24: 215 cut or sold outQ4 24: 270 bought or addedQ4 24: 213 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023184186
Q2 2023181197
Q3 2023230164
Q4 2023221191
Q1 2024288190
Q2 2024259205
Q3 2024282215
Q4 2024270213

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ1 24 calls: $2.9mQ1 24 puts: $1.9mQ1 24P/C 0.66Q2 24 calls: $296.2kQ2 24 puts: $451.6kQ2 24P/C 1.52Q3 24 calls: $4.0mQ3 24 puts: $1.6mQ3 24P/C 0.40Q4 24 calls: $2.4mQ4 24 puts: $1.6mQ4 24P/C 0.68
Numbers
QuarterCallsPutsP/C
Q1 2024$2.9m$1.9m0.66
Q2 2024$296.2k$451.6k1.52
Q3 2024$4.0m$1.6m0.40
Q4 2024$2.4m$1.6m0.68

Biggest buyers

JPMORGAN CHASE & CO Added +4,289,921+4.3m
BANK OF MONTREAL /CAN/ Added +2,158,009+2.2m
Clal Insurance Enterprises Holdings Ltd Added +1,464,000+1.5m
LPL Financial LLC Added +1,191,666+1.2m
Focus Partners Wealth Added +1,082,377+1.1m
PRINCIPAL FINANCIAL GROUP INC Added +994,800+994.8k
WELLS FARGO & COMPANY/MN Added +626,295+626.3k
EVERGREEN CAPITAL MANAGEMENT LLC New +431,444+431.4k
UBS Group AG Added +370,196+370.2k
MORGAN STANLEY Added +350,894+350.9k

Biggest sellers

PRICE T ROWE ASSOCIATES INC /MD/ Sold out -3,236,115-3.2m
MEITAV INVESTMENT HOUSE LTD Reduced -500,000-500.0k
ENVESTNET ASSET MANAGEMENT INC Reduced -439,681-439.7k
PRUDENTIAL PLC Reduced -357,860-357.9k
Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) Reduced -228,000-228.0k
Marks Wealth, LLC Sold out -209,591-209.6k
ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC Sold out -180,263-180.3k
Cetera Investment Advisers Reduced -177,398-177.4k
PRUDENTIAL FINANCIAL INC Sold out -166,594-166.6k
CENTAURUS FINANCIAL, INC. Reduced -127,312-127.3k

Biggest calls

Walleye Trading LLC Added $1.9m46.1k shares
CITADEL ADVISORS LLC Added $513.2k12.7k shares
BANK OF AMERICA CORP /DE/ Unchanged $28.3k700 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.1m27.7k shares
Walleye Trading LLC Reduced $444.5k11.0k shares
CITADEL ADVISORS LLC Reduced $68.7k1.7k 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, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.08% of their portfolio CHARLOTTE, NC 22,471,96222.5m $908.1m $908.1m 0.08% Reduced -66.0k -66,017
2 BANK OF MONTREAL /CAN/ 0.45% of their portfolio TORONTO, A6 22,235,54322.2m $898.5m $898.5m 0.45% Added +2.2m +2,158,009
3 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 9,057,0049.1m $366.0m $366.0m 0.03% Added +350.9k +350,894
4 Clal Insurance Enterprises Holdings Ltd 2.71% of their portfolio Tel-aviv, L3 7,418,7507.4m $300.9m $300.9m 2.71% Added +1.5m +1,464,000
5 Harel Insurance Investments & Financial Services Ltd. 4.53% of their portfolio Ramat Gan, L3 6,834,1316.8m $276.9m $276.9m 4.53% Added +330 +330
6 LPL Financial LLC 0.11% of their portfolio FORT MILL, SC 6,776,4636.8m $273.8m $273.8m 0.11% Added +1.2m +1,191,666
7 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 5,604,6055.6m $226.5m $226.5m 0.02% Added +4.3m +4,289,921
8 PRINCIPAL FINANCIAL GROUP INC 0.08% of their portfolio DES MOINES, IA 3,479,8003.5m $140.6m $140.6m 0.08% Added +994.8k +994,800
9 CIBC Private Wealth Group LLC 0.24% of their portfolio ATLANTA, GA 3,215,0953.2m $130.6m $130.6m 0.24% Added +181.5k +181,546
10 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 2,961,8513.0m $119.7m $119.7m 0.03% Added +626.3k +626,295
11 UBS Group AG 0.02% of their portfolio ZURICH, V8 2,260,7522.3m $91.4m $91.4m 0.02% Added +370.2k +370,196
12 MEITAV INVESTMENT HOUSE LTD 1.47% of their portfolio BENE-BERAQ, L3 2,159,3662.2m $87.3m $87.3m 1.47% Reduced -500.0k -500,000
13 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 2,082,8442.1m $84.2m $84.2m 0.03% First filing
14 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 1,772,5191.8m $71.6m $71.6m 0.06% Added +127.0k +126,970
15 CW Advisors, LLC 0.95% of their portfolio BOSTON, MA 1,703,1941.7m $68.8m $68.8m 0.95% Reduced -51.1k -51,136
16 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,606,2731.6m $64.9m $64.9m 0.01% Reduced -31.4k -31,449
17 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,449,9951.4m $58.6m $58.6m 0.02% Reduced -439.7k -439,681
18 COMMONWEALTH EQUITY SERVICES, LLC 0.08% of their portfolio WALTHAM, MA 1,434,5371.4m $58.0m $58.0m 0.08% Added +47.6k +47,599
19 First Interstate Bank 2.86% of their portfolio Billings, MT 1,168,9221.2m $47.2m $47.2m 2.86% Added +59.5k +59,524
20 Focus Partners Wealth 0.06% of their portfolio ST LOUIS, MO 1,125,7401.1m $45.5m $45.5m 0.06% Added +1.1m +1,082,377
21 Mirae Asset Global Investments Co., Ltd. 0.18% of their portfolio SEOUL, M5 1,106,5401.1m $44.7m $44.7m 0.18% Added +32.9k +32,939
22 Moss Adams Wealth Advisors LLC 4.18% of their portfolio SEATTLE, WA 975,698975.7k $39.5m $39.5m 4.18% Added +10.1k +10,056
23 Mariner, LLC 0.06% of their portfolio Overland Park, KS 940,226940.2k $38.0m $38.0m 0.06% Reduced -73.4k -73,378
24 OSAIC HOLDINGS, INC. 0.08% of their portfolio SCOTTSDALE, AZ 935,131935.1k $37.8m $37.8m 0.08% Added +145.3k +145,314
25 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 823,822823.8k $33.3m $33.3m 0.01% Added +72.3k +72,310
26 Evolution Wealth Advisors, LLC 5.21% of their portfolio AVENTURA, FL 770,844770.8k $31.1m $31.1m 5.21% Reduced -734 -734
27 RiverFront Investment Group, LLC 0.69% of their portfolio RICHMOND, VA 753,850753.9k $30.5m $30.5m 0.69% Added +69.1k +69,086
28 EP Wealth Advisors, LLC 0.25% of their portfolio TORRANCE, CA 752,650752.6k $30.4m $30.4m 0.25% Reduced -589 -589
29 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 732,630732.6k $29.6m $29.6m 0.06% Reduced -177.4k -177,398
30 AXXCESS WEALTH MANAGEMENT, LLC 0.72% of their portfolio CARLSBAD, CA 719,920719.9k $29.1m $29.1m 0.72% Added +41.9k +41,857
31 Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) 4.72% of their portfolio Tel Aviv, L3 711,000711.0k $28.7m $28.7m 4.72% Reduced -228.0k -228,000
32 Capital Asset Advisory Services LLC 1.35% of their portfolio Williamston, MI 673,415673.4k $27.5m $27.5m 1.35% Added +29.7k +29,724
33 Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 2.07% of their portfolio Tel Aviv, L3 647,770647.8k $26.2m $26.2m 2.07% Unchanged
34 Destination Wealth Management 0.81% of their portfolio Walnut Creek, CA 640,544640.5k $25.9m $25.9m 0.81% Reduced -16.1k -16,117
35 Bensler, LLC 2.94% of their portfolio Bellevue, WA 611,301611.3k $24.7m $24.7m 2.94% Added +19.1k +19,145
36 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 568,946568.9k $23.0m $23.0m 0.03% Reduced -14.2k -14,157
37 Stratos Wealth Partners, LTD. 0.29% of their portfolio BEACHWOOD, OH 512,324512.3k $20.7m $20.7m 0.29% Added +8.8k +8,816
38 GREAT VALLEY ADVISOR GROUP, INC. 0.46% of their portfolio WILMINGTON, DE 505,165505.2k $20.4m $20.4m 0.46% Added +32.8k +32,790
39 Cooper Financial Group 2.43% of their portfolio IRVINE, CA 498,717498.7k $20.2m $20.2m 2.43% Added +25.7k +25,679
40 Kestra Advisory Services, LLC 0.11% of their portfolio AUSTIN, TX 496,337496.3k $20.1m $20.1m 0.11% Added +40.0k +40,027
41 EVERGREEN CAPITAL MANAGEMENT LLC 0.57% of their portfolio Bellevue, WA 431,444431.4k $17.5m $17.5m 0.57% New
42 Riggs Asset Managment Co. Inc. 4.64% of their portfolio DALLAS, PA 430,064430.1k $17.4m $17.4m 4.64% Added +6.9k +6,864
43 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 426,124426.1k $17.2m $17.2m 0.06% Added +107.8k +107,844
44 Ameritas Advisory Services, LLC 0.59% of their portfolio Lincoln, NE 419,810419.8k $17.0m $17.0m 0.59% Added +15.3k +15,282
45 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 412,837412.8k $16.7m $16.7m 0.00% Added +110.9k +110,947
46 BLAIR WILLIAM & CO/IL 0.05% of their portfolio CHICAGO, IL 400,912400.9k $16.2m $16.2m 0.05% Reduced -6.8k -6,829
47 HBW ADVISORY SERVICES LLC 1.50% of their portfolio SIMI VALLEY, CA 362,782362.8k $14.7m $14.7m 1.50% Added +524 +524
48 CWM, LLC 0.06% of their portfolio OMAHA, NE 355,704355.7k $14.4m $14.4m 0.06% Reduced -124 -124
49 Eagle Strategies LLC 2.43% of their portfolio NEW YORK, NY 346,977347.0k $14.0m $14.0m 2.43% Added +19.4k +19,405
50 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 344,794344.8k $13.9m $13.9m 0.05% Added +25.9k +25,932
51 360 Financial, Inc. 4.90% of their portfolio WAYZATA, MN 335,565335.6k $13.6m $13.6m 4.90% Added +15.6k +15,575
52 MFA WEALTH ADVISORS, LLC 3.31% of their portfolio PITTSBURGH, PA 320,127320.1k $12.9m $12.9m 3.31% Added +19.0k +19,018
53 Private Advisor Group, LLC 0.07% of their portfolio MORRISTOWN, NJ 315,428315.4k $12.7m $12.7m 0.07% Added +62.5k +62,509
54 PRUDENTIAL PLC 0.06% of their portfolio LONDON, X0 312,970313.0k $12.6m $12.6m 0.06% Reduced -357.9k -357,860
55 Vishria Bird Financial Group, LLC 4.40% of their portfolio MEMPHIS, TN 311,043311.0k $12.6m $12.6m 4.40% Reduced -1.6k -1,623
56 WCG Wealth Advisors LLC 0.80% of their portfolio LAS VEGAS, NV 299,529299.5k $12.1m $12.1m 0.80% Reduced -13.5k -13,475
57 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 299,314299.3k $12.1m $12.1m 0.01% Reduced -18.1k -18,106
58 OGOREK ANTHONY JOSEPH /NY/ /ADV 3.75% of their portfolio WILLIAMSVILLE, NY 291,455291.5k $11.8m $11.8m 3.75% Added +1.3k +1,260
59 JMAC ENTERPRISES LLC 1.83% of their portfolio NEWTOWN, PA 287,858287.9k $11.6m $11.6m 1.83% Added +12.5k +12,542
60 CIBC WORLD MARKET INC. 0.03% of their portfolio TORONTO, A6 285,632285.6k $11.5m $11.5m 0.03% Added +14.7k +14,680
61 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 271,780271.8k $11.0m $11.0m 0.03% Added +20.9k +20,945
62 Financial Advocates Investment Management 0.60% of their portfolio OLYMPIA, WA 261,881261.9k $10.6m $10.6m 0.60% Reduced -2.9k -2,886
63 Equitable Holdings, Inc. 0.10% of their portfolio NEW YORK, NY 260,284260.3k $10.5m $10.5m 0.10% Added +12.1k +12,076
64 IHT Wealth Management, LLC 0.34% of their portfolio Chicago, IL 259,696259.7k $10.5m $10.5m 0.34% Reduced -42.9k -42,879
65 Gerber Kawasaki Wealth & Investment Management 0.45% of their portfolio SANTA MONICA, CA 253,856253.9k $10.3m $10.3m 0.45% Added +4.3k +4,280
66 Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 2.23% of their portfolio Tel Aviv, L3 229,190229.2k $9.3m $9.3m 2.23% Unchanged
67 Steward Partners Investment Advisory, LLC 0.08% of their portfolio STAMFORD, CT 227,484227.5k $9.2m $9.2m 0.08% Reduced -12.5k -12,522
68 MAI Capital Management 0.07% of their portfolio INDEPENDENCE, OH 226,034226.0k $9.1m $9.1m 0.07% Reduced -9.8k -9,846
69 Robertson Stephens Wealth Management, LLC 0.32% of their portfolio San Francisco, CA 224,888224.9k $9.1m $9.1m 0.32% Reduced -11.7k -11,747
70 Sage Capital Management, LLC 4.59% of their portfolio Stockton, NJ 224,559224.6k $9.1m $9.1m 4.59% Reduced -5.2k -5,161
71 Chicago Wealth Management, Inc. 4.67% of their portfolio CHICAGO, IL 222,627222.6k $9.0m $9.0m 4.67% Added +11.3k +11,294
72 Sanctuary Advisors, LLC 0.06% of their portfolio INDIANAPOLIS, IN 218,062218.1k $9.3m $9.3m 0.06% Added +37.8k +37,752
73 New England Private Wealth Advisors LLC 1.32% of their portfolio WELLESLEY, MA 205,417205.4k $8.3m $8.3m 1.32% Reduced -269 -269
74 Merit Financial Group, LLC 0.15% of their portfolio ALPHARETTA, GA 202,775202.8k $8.2m $8.2m 0.15% Added +143.0k +142,997
75 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 197,078197.1k $8.0m $8.0m 0.02% Added +24.1k +24,066
76 Royal Harbor Partners, LLC 2.99% of their portfolio HOUSTON, TX 196,147196.1k $7.9m $7.9m 2.99% Reduced -7.4k -7,427
77 Aptus Capital Advisors, LLC 0.09% of their portfolio FAIRHOPE, AL 194,810194.8k $7.9m $7.9m 0.09% Added +191.4k +191,429
78 PECAUT & CO. 2.71% of their portfolio SIOUX CITY, IA 194,141194.1k $7.8m $7.8m 2.71% Added +9.1k +9,138
79 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 193,541193.5k $7.8m $7.8m 0.02% Added +3.4k +3,410
80 Clarus Group, Inc. 2.75% of their portfolio HOUSTON, TX 191,659191.7k $7.7m $7.7m 2.75% Added +155.1k +155,057
81 Symphony Financial Services, Inc. 5.98% of their portfolio AKRON, OH 184,127184.1k $7.4m $7.4m 5.98% Added +1.3k +1,282
82 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 183,533183.5k $7.8m $7.8m 0.02% Reduced -39.7k -39,675
83 Ocean Park Asset Management, LLC 0.25% of their portfolio SANTA MONICA, CA 178,979179.0k $7.2m $7.2m 0.25% Added +145.5k +145,467
84 ADAPT WEALTH ADVISORS, LLC 3.55% of their portfolio ATLANTA, GA 178,674178.7k $7.2m $7.2m 3.55% Added +56.4k +56,445
85 LWM Advisory Services, LLC 4.99% of their portfolio PLANTATION, FL 177,430177.4k $7.2m $7.2m 4.99% Reduced -993 -993
86 National Philanthropic Trust 0.10% of their portfolio Jenkintown, PA 168,776168.8k $6.8m $6.8m 0.10% Reduced -19.2k -19,228
87 Quadrant Private Wealth Management, LLC 1.59% of their portfolio Center Valley, PA 159,404159.4k $6.5m $6.5m 1.59% Reduced -225 -225
88 Goldstein Advisors, LLC 0.91% of their portfolio Madison, WI 155,132155.1k $6.3m $6.3m 0.91% Reduced -5.9k -5,940
89 Elyxium Wealth, LLC 3.64% of their portfolio BEVERLY HILLS, CA 147,860147.9k $6.0m $6.0m 3.64% Added +18.3k +18,328
90 Financial Partners Group, Inc 0.85% of their portfolio Overland Park, KS 144,916144.9k $5.9m $5.9m 0.85% Added +819 +819
91 KICKSTAND VENTURES, LLC. 1.49% of their portfolio PITTSFORD, NY 144,627144.6k $5.8m $5.8m 1.49% Reduced -17.7k -17,671
92 JSF Financial, LLC 1.43% of their portfolio LOS ANGELES, CA 132,464132.5k $5.4m $5.4m 1.43% New
93 NTV Asset Management LLC 0.70% of their portfolio Charleston, WV 130,923130.9k $5.3m $5.3m 0.70% Reduced -1.3k -1,280
94 Aspire Capital Advisors LLC 1.50% of their portfolio SEATTLE, WA 129,850129.8k $5.2m $5.2m 1.50% Reduced -5.9k -5,897
95 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 129,667129.7k $5.2m $5.2m 0.01% Added +26.5k +26,484
96 AVANTAX ADVISORY SERVICES, INC. 0.03% of their portfolio DALLAS, TX 129,348129.3k $5.2m $5.2m 0.03% Added +25.9k +25,879
97 CX Institutional 0.20% of their portfolio AUBURN, IN 126,363126.4k $5.1m $5.1m 0.20% Added +8.8k +8,782
98 HARBOUR INVESTMENTS, INC. 0.15% of their portfolio MADISON, WI 125,434125.4k $5.1m $5.1m 0.15% Added +16.6k +16,560
99 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 121,052121.1k $4.9m $4.9m 0.00% Added +54.9k +54,922
100 CASTLE WEALTH MANAGEMENT LLC 1.89% of their portfolio BOYNTON BEACH, FL 118,731118.7k $4.8m $4.8m 1.89% Reduced -7.8k -7,816