Vault-13

GOLDMAN SACHS ETF TR GSLC

ACTIVEBETA US LG · ETP · CUSIP 381430503

391 institutional holders +3 vs Q4 2022
114,547,293114.5m shares reported held*
$9.3bnreported value*
38 new 128 added 153 reduced 35 sold out net bought ≈ $136.8m (+1.6m 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 ($3.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $80.99. Options: 4 managers hold calls ($699.5k notional), 1 hold puts ($0).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 379Q4 22: 388Q1 23: 391391Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022379
Q4 2022388
Q1 2023391

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 150 bought or addedQ4 22: 178 cut or sold outQ4 22Q1 23: 166 bought or addedQ1 23: 188 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022150178
Q1 2023166188

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ3 22 calls: $455.0kQ3 22 puts: $11.0kQ3 22P/C 0.02Q4 22 calls: $319.7kQ4 22 puts: $1.0kQ4 22P/C 0.00Q1 23 calls: $699.5kQ1 23 puts: $0Q1 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2022$455.0k$11.0k0.02
Q4 2022$319.7k$1.0k0.00
Q1 2023$699.5k$00.00

Biggest buyers

Orion Portfolio Solutions, LLC Added +1,002,792+1.0m
OneDigital Investment Advisors LLC New +754,975+755.0k
MERCER GLOBAL ADVISORS INC /ADV Added +428,745+428.7k
WMS Partners, LLC Added +261,892+261.9k
Betterment LLC Added +213,949+213.9k
ENVESTNET ASSET MANAGEMENT INC Added +191,869+191.9k
SIGNATURE ESTATE & INVESTMENT ADVISORS LLC Added +176,254+176.3k
High Probability Advisors, LLC Added +105,006+105.0k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +77,422+77.4k
Dynamic Advisor Solutions LLC Added +61,419+61.4k

Biggest sellers

First Command Bank Reduced -299,056-299.1k
First Command Financial Services, Inc. Reduced -299,056-299.1k
LPL Financial LLC Reduced -203,880-203.9k
Janney Montgomery Scott LLC Reduced -143,863-143.9k
Allen Capital Group, LLC Sold out -142,127-142.1k
GREAT LAKES ADVISORS, LLC Reduced -104,712-104.7k
Royal Harbor Partners, LLC Reduced -88,150-88.2k
Adams Wealth Management Sold out -82,414-82.4k
GOLDMAN SACHS GROUP INC Reduced -75,360-75.4k
MORGAN STANLEY Reduced -73,860-73.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $495.4k6.1k shares
Belvedere Trading LLC New $203.1k2.5k shares
Cutler Group LLC / CA Added $1.0k1.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Cutler Group LLC / CA Reduced $0300 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 WELLS FARGO & COMPANY/MN 0.76% of their portfolio SAN FRANCISCO, CA 30,359,31230.4m $2.5bn $2.5bn 0.76% Reduced -73.6k -73,614
2 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 1.23% of their portfolio MILWAUKEE, WI 10,876,78410.9m $883.4m $883.4m 1.23% Added +77.4k +77,422
3 GOLDMAN SACHS GROUP INC 0.22% of their portfolio NEW YORK, NY 10,159,38110.2m $825.2m $825.2m 0.22% Reduced -75.4k -75,360
4 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 5,462,5095.5m $443.7m $443.7m 0.05% Reduced -73.9k -73,860
5 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 11.38% of their portfolio LOS ANGELES, CA 3,993,6154.0m $324.4m $324.4m 11.38% Added +176.3k +176,254
6 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 3,359,5383.4m $272.9m $272.9m 0.03% Reduced -34.6k -34,641
7 Betterment LLC 0.86% of their portfolio NEW YORK, NY 3,254,7503.3m $264.4m $264.4m 0.86% Added +213.9k +213,949
8 LPL Financial LLC 0.19% of their portfolio FORT MILL, SC 2,996,7083.0m $243.4m $243.4m 0.19% Reduced -203.9k -203,880
9 ENVESTNET ASSET MANAGEMENT INC 0.10% of their portfolio Berwyn, PA 2,610,2972.6m $212.0m $212.0m 0.10% Added +191.9k +191,869
10 RiverFront Investment Group, LLC 6.93% of their portfolio RICHMOND, VA 2,418,4542.4m $196.4m $196.4m 6.93% Added +40.1k +40,064
11 SigFig Wealth Management, LLC 8.73% of their portfolio SAN FRANCISCO, CA 1,950,9772.0m $158.5m $158.5m 8.73% Added +17.7k +17,710
12 RAYMOND JAMES & ASSOCIATES 0.11% of their portfolio ST PETERSBURG, FL 1,543,5251.5m $125.4m $125.4m 0.11% Added +26.8k +26,834
13 Glenview Trust Co 3.34% of their portfolio Louisville, KY 1,374,3221.4m $111.6m $111.6m 3.34% Reduced -29.3k -29,336
14 Cetera Advisors LLC 1.44% of their portfolio DENVER, CO 1,067,5671.1m $86.7m $86.7m 1.44% Added +23.2k +23,208
15 Orion Porfolio Solutions, LLC 1.06% of their portfolio OMAHA, NE 1,054,5041.1m $85.6m $85.6m 1.06% Added +21.7k +21,717
16 Orion Portfolio Solutions, LLC 1.06% of their portfolio Omaha, NE 1,054,5041.1m $85.6m $85.6m 1.06% Added +1.0m +1,002,792
17 UBS Group AG 0.04% of their portfolio ZURICH, V8 1,026,1051.0m $83.3m $83.3m 0.04% Reduced -55.8k -55,773
18 TRAPHAGEN INVESTMENT ADVISORS LLC 6.73% of their portfolio ORADELL, NJ 1,000,2151.0m $45.8m $45.8m 6.73% Reduced -32.2k -32,225
19 Retirement Planning Group, LLC 7.97% of their portfolio LEAWOOD, KS 921,065921.1k $74.8m $74.8m 7.97% Added +21.8k +21,780
20 High Probability Advisors, LLC 15.97% of their portfolio Pittsford, NY 841,780841.8k $68.4m $68.4m 15.97% Added +105.0k +105,006
21 GFG Capital, LLC 16.33% of their portfolio MIAMI, FL 806,386806.4k $76.0m $76.0m 16.33% Reduced -5.7k -5,705
22 COMMONWEALTH EQUITY SERVICES, LLC 0.14% of their portfolio WALTHAM, MA 805,036805.0k $65.4m $65.4m 0.14% Added +12.5k +12,539
23 Financial Management Professionals, Inc. 12.51% of their portfolio AUSTIN, TX 798,439798.4k $64.8m $64.8m 12.51% Added +11.4k +11,449
24 SFMG, LLC 6.88% of their portfolio PLANO, TX 786,865786.9k $63.9m $63.9m 6.88% Added +12.4k +12,418
25 OneDigital Investment Advisors LLC 1.44% of their portfolio OVERLAND PARK, KS 754,975755.0k $61.3m $61.3m 1.44% New
26 KB FINANCIAL PARTNERS, LLC 17.47% of their portfolio PRINCETON, NJ 731,921731.9k $59.4m $59.4m 17.47% Added +33.8k +33,793
27 Deseret Mutual Benefit Administrators 22.35% of their portfolio SALT LAKE CITY, UT 695,588695.6k $56.5m $56.5m 22.35% Added +5.3k +5,294
28 Riverpoint Wealth Management Holdings, LLC 19.49% of their portfolio CHICAGO, IL 694,967695.0k $56.4m $56.4m 19.49% Added +30.9k +30,857
29 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 679,372679.4k $55.2m $55.2m 0.02% Reduced -18.6k -18,603
30 Janney Montgomery Scott LLC 0.21% of their portfolio PHILADELPHIA, PA 645,374645.4k $52.4m $52.4m 0.21% Reduced -143.9k -143,863
31 OSAIC HOLDINGS, INC. 0.10% of their portfolio SCOTTSDALE, AZ 631,421631.4k $51.3m $51.3m 0.10% Added +5.5k +5,539
32 WMS Partners, LLC 4.15% of their portfolio TOWSON, MD 583,422583.4k $47.4m $47.4m 4.15% Added +261.9k +261,892
33 AdvisorNet Financial, Inc 4.32% of their portfolio MINNETONKA, MN 581,065581.1k $47.2m $47.2m 4.32% Added +6.5k +6,550
34 Hennion & Walsh Asset Management, Inc. 2.79% of their portfolio Parsippany, NJ 559,852559.9k $45.5m $45.5m 2.79% Reduced -3.2k -3,185
35 Goldstein Advisors, LLC 9.71% of their portfolio Madison, WI 543,861543.9k $44.2m $44.2m 9.71% Reduced -42.7k -42,713
36 MERCER GLOBAL ADVISORS INC /ADV 0.18% of their portfolio DENVER, CO 480,169480.2k $38.9m $38.9m 0.18% Added +428.7k +428,745
37 1900 WEALTH MANAGEMENT LLC 3.93% of their portfolio SAN ANTONIO, TX 478,985479.0k $36.6m $36.6m 3.93% Reduced -3.0k -3,034
38 APPLETON PARTNERS INC/MA 3.46% of their portfolio BOSTON, MA 478,494478.5k $38.9m $38.9m 3.46% Reduced -4.0k -3,990
39 DROMS STRAUSS ADVISORS INC /MO/ /ADV 16.50% of their portfolio ST. LOUIS, MO 450,041450.0k $36.6m $36.6m 16.50% Reduced -6.6k -6,578
40 Kelman-Lazarov, Inc. 8.10% of their portfolio MEMPHIS, TN 384,098384.1k $31.2m $31.2m 8.10% Added +4.1k +4,081
41 FIRST FOUNDATION ADVISORS 1.42% of their portfolio Irvine, CA 380,777380.8k $30.9m $30.9m 1.42% Reduced -8.8k -8,757
42 Steward Partners Investment Advisory, LLC 0.48% of their portfolio STAMFORD, CT 371,700371.7k $30.2m $30.2m 0.48% Reduced -431 -431
43 LEO BROKERAGE, LLC 4.47% of their portfolio HURST, TX 368,000368.0k $29.9m $29.9m 4.47% First filing
44 First Command Bank 2.83% of their portfolio FORT WORTH, TX 340,063340.1k $27.6m $27.6m 2.83% Reduced -299.1k -299,056
45 First Command Financial Services, Inc. 2.83% of their portfolio FORT WORTH, TX 340,063340.1k $27.6m $27.6m 2.83% Reduced -299.1k -299,056
46 Corient Private Wealth LP 0.07% of their portfolio MIAMI, FL 330,053330.1k $26.8m $26.8m 0.07% Reduced -3.0k -2,950
47 Callan Capital, LLC 3.00% of their portfolio LA JOLLA, CA 318,936318.9k $25.9m $25.9m 3.00% Reduced -10.1k -10,125
48 IAG Wealth Partners, LLC 6.73% of their portfolio WAUKESHA, WI 298,556298.6k $24.2m $24.2m 6.73% Reduced -2.2k -2,226
49 Ten Capital Wealth Advisors, LLC 7.88% of their portfolio SPOKANE, WA 298,402298.4k $24.2m $24.2m 7.88% Reduced -22.5k -22,532
50 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 286,470286.5k $23.3m $23.3m 0.04% Added +11.4k +11,417
51 Stadion Money Management, LLC 1.83% of their portfolio WATKINSVILLE, GA 284,405284.4k $23.1m $23.1m 1.83% Reduced -22.9k -22,877
52 LINCOLN CAPITAL CORP 12.42% of their portfolio EAST GREENWICH, RI 263,692263.7k $21.4m $21.4m 12.42% Added +25.9k +25,893
53 Cornerstone Advisory, LLC 3.45% of their portfolio HUNT VALLEY, MD 235,738235.7k $19.1m $19.1m 3.45% Reduced -16.6k -16,588
54 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 231,152231.2k $18.8m $18.8m 0.04% Reduced -5.6k -5,552
55 Allworth Financial LP 0.18% of their portfolio FOLSOM, CA 224,733224.7k $18.3m $18.3m 0.18% Reduced -22.9k -22,910
56 Quantitative Advantage, LLC 2.54% of their portfolio MINNETONKA, MN 215,777215.8k $17.5m $17.5m 2.54% Reduced -8.6k -8,581
57 Horizon Family Wealth, Inc. 17.05% of their portfolio CHICAGO, IL 198,234198.2k $16.1m $16.1m 17.05% Added +13.6k +13,552
58 Mariner, LLC 0.05% of their portfolio Overland Park, KS 196,399196.4k $16.0m $16.0m 0.05% Added +10.7k +10,746
59 LexAurum Advisors, LLC 5.19% of their portfolio OVERLAND PARK, KS 192,543192.5k $15.6m $15.6m 5.19% Reduced -6.0k -5,960
60 VAUGHAN & Co SECURITIES, INC. 11.54% of their portfolio Ridgewood, NJ 191,521191.5k $15.6m $15.6m 11.54% Added +4.9k +4,873
61 HUNTER ASSOCIATES INVESTMENT MANAGEMENT LLC 3.31% of their portfolio PITTSBURGH, PA 190,488190.5k $15.5m $15.5m 3.31% Added +39.0k +39,026
62 Baird Financial Group, Inc. 0.04% of their portfolio MILWAUKEE, WI 180,452180.5k $14.7m $14.7m 0.04% Reduced -23.1k -23,105
63 Inscription Capital, LLC 3.82% of their portfolio HOUSTON, TX 178,036178.0k $14.5m $14.5m 3.82% Reduced -3.8k -3,817
64 Gladstone Institutional Advisory LLC 0.89% of their portfolio Bedminster, NJ 169,830169.8k $13.8m $13.8m 0.89% Reduced -8.3k -8,323
65 Hamilton Wealth, LLC 4.82% of their portfolio LOS ANGELES, CA 168,441168.4k $13.7m $13.7m 4.82% Added +435 +435
66 MAI Capital Management 0.22% of their portfolio INDEPENDENCE, OH 167,820167.8k $13.6m $13.6m 0.22% Reduced -1.0k -1,022
67 First Ascent Asset Management, LLC 1.94% of their portfolio DENVER, CO 161,230161.2k $13.1m $13.1m 1.94% Added +5.4k +5,388
68 Intrua Financial, LLC 2.65% of their portfolio Houston, TX 155,368155.4k $12.7m $12.7m 2.65% Reduced -6.1k -6,064
69 Archvest Wealth Advisors, Inc. 10.81% of their portfolio CONCORD, CA 150,266150.3k $12.2m $12.2m 10.81% Added +8.1k +8,139
70 Cetera Investment Advisers 0.11% of their portfolio SCHAUMBURG, IL 148,817148.8k $12.1m $12.1m 0.11% Reduced -52.8k -52,760
71 NOVARE CAPITAL MANAGEMENT LLC 1.32% of their portfolio CHARLOTTE, NC 143,353143.4k $11.6m $11.6m 1.32% Added +770 +770
72 Regal Investment Advisors LLC 0.98% of their portfolio KENTWOOD, MI 135,894135.9k $11.0m $11.0m 0.98% Reduced -6.2k -6,158
73 Canvas Wealth Advisors, LLC 4.65% of their portfolio SHAWNEE, KS 135,584135.6k $11.1m $11.1m 4.65% Reduced -14.5k -14,474
74 Worth Financial Advisory Group, LLC 10.12% of their portfolio CHARLOTTE, NC 130,382130.4k $10.6m $10.6m 10.12% Reduced -20.1k -20,064
75 Spire Wealth Management 0.40% of their portfolio MCLEAN, VA 127,463127.5k $10.4m $10.4m 0.40% Added +49.8k +49,835
76 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 124,856124.9k $10.1m $10.1m 0.05% Reduced -11.5k -11,512
77 Cetera Advisor Networks LLC 0.07% of their portfolio EL SEGUNDO, CA 123,407123.4k $10.0m $10.0m 0.07% Reduced -30.4k -30,396
78 Dynamic Advisor Solutions LLC 0.58% of their portfolio PHOENIX, AZ 122,680122.7k $10.0m $10.0m 0.58% Added +61.4k +61,419
79 Strategic Financial Services, Inc. 0.75% of their portfolio UTICA, NY 119,936119.9k $9.7m $9.7m 0.75% Reduced -3.2k -3,152
80 Centurion Wealth Management LLC 4.96% of their portfolio Mclean, VA 119,610119.6k $9.7m $9.7m 4.96% Added +6.9k +6,863
81 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 119,420119.4k $9.7m $9.7m 0.01% Added +1.8k +1,849
82 Private Advisor Group, LLC 0.09% of their portfolio MORRISTOWN, NJ 116,652116.7k $9.5m $9.5m 0.09% Added +7.7k +7,706
83 Lido Advisors, LLC 0.13% of their portfolio Los Angeles, CA 114,730114.7k $9.3m $9.3m 0.13% Reduced -85 -85
84 Integrated Wealth Concepts LLC 0.19% of their portfolio WALTHAM, MA 113,884113.9k $9.2m $9.2m 0.19% Added +25.7k +25,746
85 NewEdge Advisors, LLC 0.12% of their portfolio NEW ORLEANS, LA 113,731113.7k $9.2m $9.2m 0.12% Reduced -674 -674
86 Royal Harbor Partners, LLC 4.82% of their portfolio HOUSTON, TX 110,664110.7k $9.0m $9.0m 4.82% Reduced -88.2k -88,150
87 Capital Advisors, Ltd. LLC 1.44% of their portfolio SHAKER HEIGHTS, OH 108,052108.1k $8.8m $8.8m 1.44% Added +805 +805
88 CreativeOne Wealth, LLC 0.43% of their portfolio OVERLAND PARK, KS 106,523106.5k $8.7m $8.7m 0.43% Reduced -29.1k -29,080
89 Bridgeworth, LLC 1.05% of their portfolio BIRMINGHAM, AL 102,586102.6k $8.3m $8.3m 1.05% Reduced -6.7k -6,696
90 XML Financial, LLC 1.01% of their portfolio BETHESDA, MD 102,303102.3k $8.3m $8.3m 1.01% Reduced -3.6k -3,618
91 Hixon Zuercher, LLC 4.81% of their portfolio Findlay, OH 99,88799.9k $8.1m $8.1m 4.81% Added +6.7k +6,678
92 Merriman Wealth Management, LLC 0.41% of their portfolio SEATTLE, WA 98,61798.6k $8.0m $8.0m 0.41% Reduced -1.9k -1,887
93 AXXCESS WEALTH MANAGEMENT, LLC 0.60% of their portfolio CARLSBAD, CA 93,04293.0k $7.6m $7.6m 0.60% Added +91 +91
94 ARVEST TRUST CO N A 0.47% of their portfolio ROGERS, AR 92,45592.5k $7.5m $7.5m 0.47% Reduced -66.3k -66,341
95 Source Financial Advisors LLC 2.46% of their portfolio NEW YORK, NY 90,49190.5k $7.3m $7.3m 2.46% Reduced -7.5k -7,466
96 Ledyard National Bank 0.82% of their portfolio HANOVER, NH 87,70487.7k $7.1m $7.1m 0.82% Added +5.5k +5,450
97 ACIMA PRIVATE WEALTH, LLC 3.49% of their portfolio RICHMOND, VA 87,46087.5k $7.1m $7.1m 3.49% Added +1.5k +1,464
98 STEPHENS INC /AR/ 0.13% of their portfolio LITTLE ROCK, AR 82,39582.4k $6.7m $6.7m 0.13% Added +5.2k +5,162
99 Equitable Holdings, Inc. 0.10% of their portfolio NEW YORK, NY 80,38080.4k $6.5m $6.5m 0.10% Reduced -654 -654
100 COZAD ASSET MANAGEMENT INC 0.86% of their portfolio CHAMPAIGN, IL 80,20680.2k $6.5m $6.5m 0.86% Added +2.2k +2,202