Vault-13

INDEXIQ ETF TR QAI

HEDGE MLTI ETF · ETP · CUSIP 45409B107

100 institutional holders -4 vs Q1 2025
18,884,40618.9m shares reported held*
$610.4mreported value*
10 new 33 added 30 reduced 14 sold out net bought ≈ $20.7m (+639.4k 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 ≈ $32.32. Options: 2 managers hold calls ($290.9k notional), 1 hold puts ($0).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 105Q4 22: 115Q1 23: 105Q2 23: 108Q3 23: 106Q4 23: 104Q1 24: 106Q2 24: 106Q3 24: 104Q4 24: 104Q1 25: 104Q2 25: 100100Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022105
Q4 2022115
Q1 2023105
Q2 2023108
Q3 2023106
Q4 2023104
Q1 2024106
Q2 2024106
Q3 2024104
Q4 2024104
Q1 2025104
Q2 2025100

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 43 bought or addedQ3 23: 54 cut or sold outQ4 23: 36 bought or addedQ4 23: 56 cut or sold outQ4 23Q1 24: 43 bought or addedQ1 24: 55 cut or sold outQ2 24: 45 bought or addedQ2 24: 45 cut or sold outQ2 24Q3 24: 39 bought or addedQ3 24: 49 cut or sold outQ4 24: 51 bought or addedQ4 24: 42 cut or sold outQ4 24Q1 25: 48 bought or addedQ1 25: 48 cut or sold outQ2 25: 43 bought or addedQ2 25: 44 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20234354
Q4 20233656
Q1 20244355
Q2 20244545
Q3 20243949
Q4 20245142
Q1 20254848
Q2 20254344

Calls vs puts

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

CallsPuts
$0$100k$200k$300kQ3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $290.9kQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$0$0—
Q1 2025$0$0—
Q2 2025$290.9k$00.00

Biggest buyers

ROYAL BANK OF CANADA Added +1,169,094+1.2m
CW Advisors, LLC New +213,768+213.8k
RAYMOND JAMES FINANCIAL INC Added +152,013+152.0k
Focus Partners Wealth Added +137,206+137.2k
MORGAN STANLEY Added +107,517+107.5k
Alaska Permanent Capital Management, LLC Added +53,220+53.2k
EVERGREEN CAPITAL MANAGEMENT LLC New +50,987+51.0k
GOLDMAN SACHS GROUP INC New +36,324+36.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +36,233+36.2k
Alaska Wealth Advisors, LLC Added +32,042+32.0k

Biggest sellers

PITCAIRN CO Reduced -690,996-691.0k
B. Riley Wealth Advisors, Inc. Reduced -122,070-122.1k
Sanctuary Advisors, LLC Sold out -120,616-120.6k
Atria Investments, Inc Sold out -120,190-120.2k
TOWNSQUARE CAPITAL LLC Sold out -81,862-81.9k
Darwin Wealth Management, LLC Reduced -69,897-69.9k
ASPIRIANT, LLC Reduced -53,680-53.7k
AMERIPRISE FINANCIAL INC Reduced -48,859-48.9k
New York Life Investment Management LLC Sold out -44,927-44.9k
UBS Group AG Reduced -30,985-31.0k

Biggest calls

Belvedere Trading LLC New $290.9k9.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CONCOURSE FINANCIAL GROUP SECURITIES, INC. New $00 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 4,043,4504.0m $130.7m $130.7m 0.01% Added +107.5k +107,517
2 Tredje AP-fonden 0.80% of their portfolio SE-111 91 STOCKHOLM, V7 3,100,0003.1m $100.2m $100.2m 0.80% Unchanged
3 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 2,352,1282.4m $76.0m $76.0m 0.01% Added +1.2m +1,169,094
4 PITCAIRN CO 3.55% of their portfolio CONSHOHOCKEN, PA 1,677,8671.7m $54.2m $54.2m 3.55% Reduced -691.0k -690,996
5 Alaska Permanent Capital Management, LLC 3.86% of their portfolio ANCHORAGE, AK 1,541,6941.5m $49.9m $49.9m 3.86% Added +53.2k +53,220
6 Alaska Wealth Advisors, LLC 4.36% of their portfolio ANCHORAGE, AK 942,248942.2k $30.5m $30.5m 4.36% Added +32.0k +32,042
7 Focus Partners Wealth 0.05% of their portfolio ST LOUIS, MO 659,870659.9k $21.3m $21.3m 0.05% Added +137.2k +137,206
8 CAPTRUST FINANCIAL ADVISORS 0.04% of their portfolio RALEIGH, NC 591,319591.3k $19.1m $19.1m 0.04% Added +9.4k +9,384
9 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 457,776457.8k $14.8m $14.8m 0.01% Added +152.0k +152,013
10 Verdence Capital Advisors LLC 0.84% of their portfolio HUNT VALLEY, MD 379,819379.8k $12.3m $12.3m 0.84% Added +26.2k +26,229
11 UBS Group AG 0.00% of their portfolio ZURICH, V8 249,623249.6k $8.1m $8.1m 0.00% Reduced -31.0k -30,985
12 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 239,896239.9k $7.8m $7.8m 0.00% Reduced -48.9k -48,859
13 Endowment Wealth Management, Inc. 3.63% of their portfolio APPLETON, WI 217,588217.6k $7.0m $7.0m 3.63% Reduced -7.7k -7,688
14 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 217,284217.3k $7.0m $7.0m 0.00% Added +1.1k +1,124
15 CW Advisors, LLC 0.07% of their portfolio BOSTON, MA 213,768213.8k $6.9m $6.9m 0.07% New
16 ASPIRIANT, LLC 0.16% of their portfolio San Francisco, CA 153,062153.1k $4.9m $4.9m 0.16% Reduced -53.7k -53,680
17 COMERICA BANK 0.02% of their portfolio DALLAS, TX 143,326143.3k $4.6m $4.6m 0.02% Added +7.7k +7,674
18 Live Oak Investment Partners 2.85% of their portfolio AUSTIN, TX 114,869114.9k $3.7m $3.7m 2.85% Reduced -1.7k -1,654
19 BROWN WEALTH MANAGEMENT, LLC 1.09% of their portfolio NAPERVILLE, IL 108,511108.5k $3.5m $3.5m 1.09% Added +27.1k +27,084
20 LFA - Lugano Financial Advisors SA 1.98% of their portfolio LUGANO, V8 103,139103.1k $3.3m $3.3m 1.98% Added +13.4k +13,395
21 Darwin Wealth Management, LLC 1.13% of their portfolio TAMPA, FL 101,249101.2k $3.3m $3.3m 1.13% Reduced -69.9k -69,897
22 Baron Financial Group, LLC 1.78% of their portfolio Fair Lawn, NJ 93,78893.8k $3.0m $3.0m 1.78% Added +390 +390
23 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 82,63382.6k $2.7m $2.7m 0.01% Added +19.3k +19,347
24 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 78,18278.2k $2.5m $2.5m 0.00% Added +10.3k +10,305
25 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 73,17173.2k $2.4m $2.4m 0.00% Added +328 +328
26 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 61,00861.0k $2.0m $2.0m 0.00% Added +36.2k +36,233
27 Twelve Points Wealth Management LLC 0.49% of their portfolio CONCORD, MA 56,79056.8k $1.8m $1.8m 0.49% Added +506 +506
28 HBK Sorce Advisory LLC 0.05% of their portfolio ERIE, PA 55,85555.9k $1.8m $1.8m 0.05% Reduced -2.6k -2,628
29 EVERGREEN CAPITAL MANAGEMENT LLC 0.05% of their portfolio Bellevue, WA 50,98751.0k $1.6m $1.6m 0.05% New
30 OVERSEA-CHINESE BANKING Corp Ltd 0.05% of their portfolio SINGAPORE, U0 49,64349.6k $1.6m $1.6m 0.05% Reduced -1.9k -1,933
31 UMB Bank, n.a. 0.02% of their portfolio Kansas City, MO 41,23841.2k $1.3m $1.3m 0.02% Unchanged
32 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 38,84838.8k $1.3m $1.3m 0.00% Reduced -1.5k -1,508
33 Empirical Asset Management, LLC 0.38% of their portfolio WELLESLEY, MA 38,31838.3k $1.2m $1.2m 0.38% Added +854 +854
34 Cooper Financial Group 0.14% of their portfolio IRVINE, CA 36,88236.9k $1.2m $1.2m 0.14% Reduced -3.5k -3,465
35 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 36,32436.3k $1.2m $1.2m 0.00% New
36 CONSULTIVA WEALTH MANAGEMENT, CORP. 3.32% of their portfolio SAN JUAN, PR 33,27133.3k $1.1m $1.1m 3.32% Unchanged
37 Matrix Trust Co 0.17% of their portfolio DENVER, CO 32,24732.2k $1.0m $1.0m 0.17% Reduced -2.5k -2,541
38 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 30,96931.0k $1.0m $1.0m 0.00% Added +40 +40
39 Snowden Capital Advisors LLC 0.03% of their portfolio New York, NY 28,36628.4k $916.8k $916.8k 0.03% Reduced -173 -173
40 HANCOCK WHITNEY CORP 0.02% of their portfolio GULFPORT, MS 27,28827.3k $881.9k $881.9k 0.02% Reduced -7.3k -7,255
41 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 26,01726.0k $841.0k $841.0k 0.00% Added +3.9k +3,919
42 FLAGSHIP HARBOR ADVISORS, LLC 0.03% of their portfolio BOSTON, MA 20,86520.9k $674.4k $674.4k 0.03% Added +1.4k +1,360
43 CreativeOne Wealth, LLC 0.02% of their portfolio OVERLAND PARK, KS 20,55820.6k $664.4k $664.4k 0.02% Added +1.2k +1,197
44 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 17,81917.8k $578.7k $578.7k 0.00% Reduced -5.7k -5,727
45 Betterment LLC 0.00% of their portfolio NEW YORK, NY 16,58616.6k $536.0k $536.0k 0.00% Reduced -1.0k -1,018
46 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 14,94414.9k $483.0k $483.0k 0.00% Reduced -781 -781
47 Mariner, LLC 0.00% of their portfolio Overland Park, KS 13,51713.5k $436.9k $436.9k 0.00% Unchanged
48 COLDSTREAM CAPITAL MANAGEMENT INC 0.01% of their portfolio BELLEVUE, WA 13,05113.1k $421.8k $421.8k 0.01% Unchanged
49 Rathbones Group PLC 0.00% of their portfolio Liverpool, X0 12,91912.9k $417.5k $417.5k 0.00% Added +136 +136
50 Patten Group, Inc. 0.09% of their portfolio CHATTANOOGA, TN 12,80812.8k $414.0k $414.0k 0.09% Added +2.6k +2,576
51 NorthRock Partners, LLC 0.01% of their portfolio MINNEAPOLIS, MN 11,07511.1k $357.9k $357.9k 0.01% Reduced -1.5k -1,478
52 StoneX Group Inc. 0.02% of their portfolio NEW YORK, NY 10,19910.2k $329.6k $329.6k 0.02% Added +408 +408
53 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 9,4249.4k $304.6k $304.6k 0.00% Reduced -2.3k -2,313
54 WOLVERINE TRADING, LLC 0.01% of their portfolio CHICAGO, IL 9,3319.3k $301.3k $301.3k 0.01% New
55 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 8,9028.9k $287.7k $287.7k 0.00% Unchanged
56 Moors & Cabot, Inc. 0.01% of their portfolio BOSTON, MA 8,6728.7k $280.3k $280.3k 0.01% Added +722 +722
57 LANARK FINANCIAL, INC. 0.02% of their portfolio BIRMINGHAM, AL 8,6498.6k $279.0k $279.0k 0.02% Added +8.0k +7,953
58 GREENWOOD CAPITAL ASSOCIATES LLC 0.03% of their portfolio GREENWOOD, SC 8,3458.3k $269.7k $269.7k 0.03% Reduced -3.2k -3,163
59 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 8,2868.3k $267.8k $267.8k 0.00% Unchanged
60 Perigon Wealth Management, LLC 0.01% of their portfolio SAN FRANCISCO, CA 8,0868.1k $261.3k $261.3k 0.01% Added +1.6k +1,557
61 First Bank & Trust 0.05% of their portfolio BROOKINGS, SD 7,9508.0k $256.9k $256.9k 0.05% Unchanged
62 Pallas Capital Advisors LLC 0.01% of their portfolio BRAINTREE, MA 7,9357.9k $256.5k $256.5k 0.01% Unchanged
63 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 7,0137.0k $226.7k $226.7k 0.00% New
64 UP STRATEGIC WEALTH INVESTMENT ADVISORS LLC 0.18% of their portfolio PITTSBURGH, PA 6,9737.0k $225.4k $225.4k 0.18% Reduced -975 -975
65 B. Riley Wealth Advisors, Inc. 0.01% of their portfolio MEMPHIS, TN 6,7756.8k $219.0k $219.0k 0.01% Reduced -122.1k -122,070
66 DAVIS R M INC 0.00% of their portfolio PORTLAND, ME 6,5456.5k $211.5k $211.5k 0.00% Unchanged
67 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 4,0164.0k $129.8k $129.8k 0.00% Unchanged
68 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 3,1983.2k $103.4k $103.4k 0.00% Unchanged
69 PEOPLES FINANCIAL SERVICES CORP. 0.05% of their portfolio MOOSIC, PA 3,1823.2k $102.8k $102.8k 0.05% Unchanged
70 J.Safra Asset Management Corp 0.01% of their portfolio NEW YORK, NY 2,2252.2k $71.9k $71.9k 0.01% New
71 PRIVATE TRUST CO NA 0.01% of their portfolio CLEVELAND, OH 2,0392.0k $65.9k $65.9k 0.01% Unchanged
72 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,8111.8k $58.5k $58.5k 0.00% Added +910 +910
73 CX Institutional 0.00% of their portfolio AUBURN, IN 1,5571.6k $50.0k $50.0k 0.00% Reduced -21 -21
74 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,4441.4k $47.0k $47.0k 0.00% Unchanged
75 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,2261.2k $39.6k $39.6k 0.00% Reduced -8.3k -8,326
76 Johnson Financial Group, Inc. 0.00% of their portfolio RACINE, WI 1,2211.2k $39.5k $39.5k 0.00% New
77 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 794794 $25.7k $25.7k 0.00% Added +550 +550
78 RAFFA WEALTH MANAGEMENT, LLC 0.00% of their portfolio WASHINGTON, DC 728728 $23.5k $23.5k 0.00% Added +4 +4
79 Advisors Preferred, LLC 0.00% of their portfolio ROCKVILLE, MD 581581 $18.8k $18.8k 0.00% New
80 FMR LLC 0.00% of their portfolio BOSTON, MA 560560 $18.1k $18.1k 0.00% Added +4 +4
81 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 387387 $12.5k $12.5k 0.00% Unchanged
82 GPS Wealth Strategies Group, LLC 0.00% of their portfolio CENTENNIAL, CO 382382 $12.4k $12.4k 0.00% Unchanged
83 Clearstead Advisors, LLC 0.00% of their portfolio CLEVELAND, OH 352352 $11.4k $11.4k 0.00% Unchanged
84 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 260260 $8.4k $8.4k 0.00% Unchanged
85 Ascentis Wealth Management, LLC 0.00% of their portfolio DALLAS, TX 231231 $7.5k $7.5k 0.00% Unchanged
86 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 207207 $6.7k $6.7k 0.00% First filing
87 THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.00% of their portfolio INDIANAPOLIS, IN 170170 $5.5k $5.5k 0.00% New
88 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 9797 $3.1k $3.1k 0.00% Unchanged
89 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 6262 $2.0k $2.0k 0.00% Reduced -145 -145
90 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 5050 $1.6k $1.6k 0.00% Reduced -1.5k -1,478
91 MCF Advisors LLC 0.00% of their portfolio LEXINGTON, KY 3636 $1.2k $1.2k 0.00% Unchanged
92 FSA Wealth Management LLC 0.00% of their portfolio Needham, MA 2222 $701 $701 0.00% Unchanged
93 Beacon Capital Management, LLC 0.00% of their portfolio FRANKLIN, TN 1818 $595 $595 0.00% Unchanged
94 Quest 10 Wealth Builders, Inc. 0.00% of their portfolio Fuquay-Varina, VA 55 $162 $162 0.00% Reduced -3 -3
95 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 44 $138 $138 0.00% Reduced -152 -152
96 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 22 $65 $65 0.00% Reduced -183 -183
97 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 11 $32 $32 0.00% Unchanged
98 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged
99 First Horizon Advisors, Inc. 0.00% of their portfolio MEMPHIS, TN 00 $0 $0 0.00% New
100 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 00 $23 $23 0.00% Reduced -100 -100