Vault-13

HORIZON FDS HBTA

EXPEDITION PLUS · ETP · CUSIP 44053A630

24 institutional holders +3 vs Q1 2026
7,611,9287.6m shares reported held*
$248.8mreported value*
5 new 7 added 11 reduced 2 sold out net bought ≈ $88.2m (+2.7m 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. Holder counts are more reliable. Implied quarter-end price ≈ $32.69.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0102030Q1 25: 9Q2 25: 14Q3 25: 22Q4 25: 20Q1 26: 21Q2 26: 2424Q1 25Q2 25Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q1 20259
Q2 202514
Q3 202522
Q4 202520
Q1 202621
Q2 202624

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q2 25: 10 bought or addedQ2 25: 5 cut or sold outQ2 25Q3 25: 13 bought or addedQ3 25: 8 cut or sold outQ3 25Q4 25: 5 bought or addedQ4 25: 16 cut or sold outQ4 25Q1 26: 15 bought or addedQ1 26: 11 cut or sold outQ1 26Q2 26: 12 bought or addedQ2 26: 13 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q2 2025105
Q3 2025138
Q4 2025516
Q1 20261511
Q2 20261213

Biggest buyers

Foundations Investment Advisors, LLC New +2,516,378+2.5m
ENVESTNET ASSET MANAGEMENT INC Added +257,230+257.2k
LPL Financial LLC Added +37,929+37.9k
Cambridge Investment Research Advisors, Inc. Added +17,403+17.4k
AE Wealth Management LLC New +4,956+5.0k
Bank of New York Mellon Corp Added +3,505+3.5k
Cetera Investment Advisers Added +2,560+2.6k
US BANCORP \DE\ New +1,764+1.8k
Silver Grove Financial Group, Inc. New +1,694+1.7k
OSAIC HOLDINGS, INC. Added +1,011+1.0k

Biggest sellers

Ascentis Independent Advisors Sold out -80,807-80.8k
Horizon Investments, LLC Reduced -28,526-28.5k
MORGAN STANLEY Reduced -19,081-19.1k
Golden State Wealth Management, LLC Reduced -4,721-4.7k
Brookwood Investment Group LLC Reduced -4,311-4.3k
Orion Porfolio Solutions, LLC Reduced -2,893-2.9k
PRINCIPAL SECURITIES, INC. Reduced -2,188-2.2k
Envestnet Portfolio Solutions, Inc. Reduced -1,407-1.4k
ROYAL BANK OF CANADA Reduced -974-974
CERTIOR FINANCIAL GROUP, LLC Reduced -939-939

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Foundations Investment Advisors, LLC 0.85% of their portfolio PHOENIX, AZ 2,516,3782.5m $82.3m $82.3m 0.85% New
2 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,570,3361.6m $51.3m $51.3m 0.01% Added +3.5k +3,505
3 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 1,037,1151.0m $33.9m $33.9m 0.01% Added +257.2k +257,230
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 893,166893.2k $29.2m $29.2m 0.01% Added +37.9k +37,929
5 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 652,536652.5k $21.3m $21.3m 0.02% Added +17.4k +17,403
6 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 610,913610.9k $20.0m $20.0m 0.02% Added +2.6k +2,560
7 Orion Porfolio Solutions, LLC 0.03% of their portfolio OMAHA, NE 113,818113.8k $3.7m $3.7m 0.03% Reduced -2.9k -2,893
8 PRINCIPAL SECURITIES, INC. 0.02% of their portfolio DES MOINES, IA 59,62359.6k $1.9m $1.9m 0.02% Reduced -2.2k -2,188
9 Golden State Wealth Management, LLC 0.16% of their portfolio SANTA ANA, CA 55,16255.2k $1.8m $1.8m 0.16% Reduced -4.7k -4,721
10 CERTIOR FINANCIAL GROUP, LLC 0.40% of their portfolio KING OF PRUSSIA, PA 22,34622.3k $730.5k $730.5k 0.40% Reduced -939 -939
11 INTERACTIVE FINANCIAL ADVISORS, INC. 0.37% of their portfolio New Lenox, IL 18,76518.8k $613.4k $613.4k 0.37% Reduced -180 -180
12 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 18,29218.3k $598.0k $598.0k 0.00% Reduced -1.4k -1,407
13 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 13,98414.0k $457.2k $457.2k 0.00% Added +1.0k +1,011
14 Ausdal Financial Partners, Inc. 0.01% of their portfolio Davenport, IA 9,8819.9k $323.0k $323.0k 0.01% Reduced -27 -27
15 Brookwood Investment Group LLC 0.03% of their portfolio PHOENIX, AZ 8,9839.0k $293.7k $293.7k 0.03% Reduced -4.3k -4,311
16 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 4,9565.0k $162.0k $162.0k 0.00% New
17 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 1,7641.8k $57.7k $57.7k 0.00% New
18 Silver Grove Financial Group, Inc. 0.03% of their portfolio ORCHARD PARK, NY 1,6941.7k $55.4k $55.4k 0.03% New
19 UBS Group AG 0.00% of their portfolio ZURICH, V8 927927 $30.3k $30.3k 0.00% Added +911 +911
20 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 594594 $19.0k $19.0k 0.00% Reduced -974 -974
21 Horizon Investments, LLC 0.00% of their portfolio Charlotte, NC 508508 $16.6k $16.6k 0.00% Reduced -28.5k -28,526
22 SITTNER & NELSON, LLC 0.00% of their portfolio EUGENE, OR 130130 $4.2k $4.2k 0.00% New
23 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3131 $1.0k $1.0k 0.00% Reduced -19.1k -19,081
24 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 2626 $838 $838 0.00% Unchanged