Vault-13

INVESTMENT MANAGERS SER TR I PPI

ASTORIA REAL · ETP · CUSIP 46141T117

39 institutional holders -6 vs Q1 2025
2,601,5792.6m shares reported held*
$43.0mreported value*
3 new 12 added 12 reduced 8 sold out net sold ≈ $1.6m (-96.1k 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 ≈ $16.54. Options: 0 managers hold calls (— notional), 1 hold puts ($0).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 23Q4 22: 25Q1 23: 25Q2 23: 27Q3 23: 29Q4 23: 30Q1 24: 24Q2 24: 41Q3 24: 37Q4 24: 45Q1 25: 45Q2 25: 3939Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202223
Q4 202225
Q1 202325
Q2 202327
Q3 202329
Q4 202330
Q1 202424
Q2 202441
Q3 202437
Q4 202445
Q1 202545
Q2 202539

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 23: 9 bought or addedQ3 23: 17 cut or sold outQ4 23: 11 bought or addedQ4 23: 17 cut or sold outQ4 23Q1 24: 7 bought or addedQ1 24: 18 cut or sold outQ2 24: 28 bought or addedQ2 24: 9 cut or sold outQ2 24Q3 24: 7 bought or addedQ3 24: 29 cut or sold outQ4 24: 16 bought or addedQ4 24: 17 cut or sold outQ4 24Q1 25: 16 bought or addedQ1 25: 20 cut or sold outQ2 25: 15 bought or addedQ2 25: 20 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023917
Q4 20231117
Q1 2024718
Q2 2024289
Q3 2024729
Q4 20241617
Q1 20251620
Q2 20251520

Biggest buyers

Astoria Portfolio Advisors LLC. Added +58,324+58.3k
CITADEL ADVISORS LLC Added +35,030+35.0k
SILVERLAKE WEALTH MANAGEMENT LLC New +21,548+21.5k
FLOW TRADERS U.S. LLC Added +12,467+12.5k
Hobbs Group Advisors, LLC Added +11,575+11.6k
Vermillion & White Wealth Management Group, LLC Added +11,526+11.5k
PUFF WEALTH MANAGEMENT, LLC Added +3,412+3.4k
Orion Porfolio Solutions, LLC Added +3,041+3.0k
WealthTrak Capital Management LLC New +1,046+1.0k
MORGAN STANLEY Added +930+930

Biggest sellers

GWN SECURITIES INC. Sold out -81,824-81.8k
Private Advisor Group, LLC Sold out -38,971-39.0k
StoneX Group Inc. Sold out -30,218-30.2k
Virtu Financial LLC Sold out -15,482-15.5k
Bison Wealth, LLC Reduced -15,373-15.4k
WOODWARD DIVERSIFIED CAPITAL, LLC Sold out -13,811-13.8k
LPL Financial LLC Reduced -13,536-13.5k
ENVESTNET ASSET MANAGEMENT INC Sold out -13,116-13.1k
Latitude Advisors, LLC Reduced -12,312-12.3k
JANE STREET GROUP, LLC Sold out -10,169-10.2k

Biggest calls

None

Biggest puts

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
First National Advisers, LLC 13G · institution new · filed 2026-09-08 23.5% new 1.8m≈ $38.1m 2026-09-08

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Astoria Portfolio Advisors LLC. 4.19% of their portfolio NEW YORK, NY 882,535882.5k $14.9m $14.9m 4.19% Added +58.3k +58,324
2 Hobbs Group Advisors, LLC 4.16% of their portfolio COLUMBIA, SC 744,728744.7k $12.2m $12.2m 4.16% Added +11.6k +11,575
3 Vermillion & White Wealth Management Group, LLC 1.83% of their portfolio PHOENIXVILLE, PA 171,951172.0k $2.8m $2.8m 1.83% Added +11.5k +11,526
4 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 81,06181.1k $1.3m $1.3m 0.00% Reduced -13.5k -13,536
5 Latitude Advisors, LLC 0.57% of their portfolio YORKVILLE, IL 69,77669.8k $1.1m $1.1m 0.57% Reduced -12.3k -12,312
6 Bison Wealth, LLC 0.08% of their portfolio ATLANTA, GA 64,61364.6k $1.1m $1.1m 0.08% Reduced -15.4k -15,373
7 BlackDiamond Wealth Management, LLC 0.56% of their portfolio NEW YORK, NY 59,38059.4k $966.7k $966.7k 0.56% Reduced -846 -846
8 PUFF WEALTH MANAGEMENT, LLC 1.40% of their portfolio Haddonfield, NJ 52,60752.6k $859.9k $859.9k 1.40% Added +3.4k +3,412
9 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 52,25252.3k $854.1k $854.1k 0.00% Added +35.0k +35,030
10 FLOW TRADERS U.S. LLC 0.03% of their portfolio NEW YORK, NY 50,41250.4k $824.0k $824.0k 0.03% Added +12.5k +12,467
11 Onyx Bridge Wealth Group LLC 0.11% of their portfolio TARRYTOWN, NY 48,76348.8k $797.0k $797.0k 0.11% Added +85 +85
12 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 38,35238.4k $626.9k $626.9k 0.01% Added +3.0k +3,041
13 Ellis Investment Partners, LLC 0.11% of their portfolio Berwyn, PA 33,38233.4k $545.6k $545.6k 0.11% Reduced -2.5k -2,505
14 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 31,37231.4k $512.8k $512.8k 0.00% Reduced -170 -170
15 WADDELL & ASSOCIATES, LLC 0.05% of their portfolio MEMPHIS, TN 30,09830.1k $492.0k $492.0k 0.05% Unchanged
16 Strait & Sound Wealth Management LLC 0.17% of their portfolio SAN FRANCISCO, CA 25,19825.2k $411.9k $411.9k 0.17% Reduced -2.0k -1,989
17 REAP Financial Group, LLC 0.08% of their portfolio AUSTIN, TX 21,83421.8k $356.9k $356.9k 0.08% Reduced -1.5k -1,455
18 SILVERLAKE WEALTH MANAGEMENT LLC 0.10% of their portfolio WILLISTON, VT 21,54821.5k $352.2k $352.2k 0.10% New
19 SARD WEALTH MANAGEMENT GROUP, LLC 0.19% of their portfolio ATLANTA, GA 18,36718.4k $300.2k $300.2k 0.19% Added +64 +64
20 Clark Asset Management, LLC 0.04% of their portfolio STRATHAM, NH 17,58417.6k $287.4k $287.4k 0.04% Unchanged
21 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 14,02514.0k $229.2k $229.2k 0.00% Added +380 +380
22 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 12,30812.3k $201.0k $201.0k 0.00% Reduced -1.1k -1,100
23 AlTi Global, Inc. 0.00% of their portfolio NEW YORK, NY 11,56411.6k $189.0k $189.0k 0.00% Unchanged
24 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 10,32310.3k $169.0k $169.0k 0.00% Reduced -1.7k -1,668
25 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 8,6048.6k $140.6k $140.6k 0.00% Reduced -356 -356
26 COMERICA BANK 0.00% of their portfolio DALLAS, TX 8,5608.6k $139.9k $139.9k 0.00% Added +30 +30
27 Millstone Evans Group, LLC 0.09% of their portfolio BOULDER, CO 8,0218.0k $131.1k $131.1k 0.09% Unchanged
28 UBS Group AG 0.00% of their portfolio ZURICH, V8 5,6435.6k $92.2k $92.2k 0.00% Reduced -598 -598
29 MONTAG A & ASSOCIATES INC 0.00% of their portfolio ATLANTA, GA 3,5363.5k $57.8k $57.8k 0.00% Unchanged
30 WealthTrak Capital Management LLC 0.01% of their portfolio VIRGINIA BEACH, VA 1,0461.0k $17.1k $17.1k 0.01% New
31 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 931931 $15.2k $15.2k 0.00% Added +930 +930
32 Bogart Wealth, LLC 0.00% of their portfolio MCLEAN, VA 400400 $6.5k $6.5k 0.00% Unchanged
33 Transce3nd, LLC 0.00% of their portfolio BUDA, TX 348348 $5.7k $5.7k 0.00% Unchanged
34 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 140140 $2.3k $2.3k 0.00% Unchanged
35 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 119119 $1.9k $1.9k 0.00% Unchanged
36 Covestor Ltd 0.00% of their portfolio LONDON, X0 114114 $2.0k $2.0k 0.00% Unchanged
37 CWM, LLC 0.00% of their portfolio OMAHA, NE 8080 $1.0k $1.0k 0.00% Unchanged
38 FMR LLC 0.00% of their portfolio BOSTON, MA 44 $65 $65 0.00% New
39 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged