Vault-13

INVESTMENT MANAGERS SER TR I PPI

ASTORIA REAL · ETP · CUSIP 46141T117

44 institutional holders +4 vs Q3 2025
3,763,5233.8m shares reported held*
$73.8mreported value*
7 new 18 added 9 reduced 5 sold out net bought ≈ $13.9m (+748.7k 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 ≈ $19.61.

Trends to Q4 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: 39Q3 25: 40Q4 25: 4444Q3 22Q2 23Q1 24Q4 24Q4 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
Q3 202540
Q4 202544

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 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 25Q3 25: 22 bought or addedQ3 25: 18 cut or sold outQ4 25: 25 bought or addedQ4 25: 14 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024718
Q2 2024289
Q3 2024729
Q4 20241617
Q1 20251620
Q2 20251520
Q3 20252218
Q4 20252514

Biggest buyers

Astoria Portfolio Advisors LLC. Added +249,857+249.9k
Janney Montgomery Scott LLC New +209,311+209.3k
Hobbs Group Advisors, LLC Added +47,467+47.5k
World Investment Advisors New +39,488+39.5k
PUFF WEALTH MANAGEMENT, LLC Added +37,395+37.4k
FLOW TRADERS U.S. LLC New +29,169+29.2k
4WEALTH ADVISORS, INC. Added +22,348+22.3k
Bison Wealth, LLC New +20,927+20.9k
Cascades Capital Asset Management, LLC Added +20,323+20.3k
SILVERLAKE WEALTH MANAGEMENT LLC Added +18,383+18.4k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Sold out -11,401-11.4k
Clark Asset Management, LLC Reduced -4,481-4.5k
UBS Group AG Reduced -3,571-3.6k
MONTAG A & ASSOCIATES INC Sold out -3,536-3.5k
JANE STREET GROUP, LLC Reduced -2,859-2.9k
Oregon Pacific Wealth Management, LLC Reduced -2,408-2.4k
Ellis Investment Partners, LLC Reduced -1,279-1.3k
ROYAL BANK OF CANADA Sold out -1,260-1.3k
REAP Financial Group, LLC Reduced -673-673
RAYMOND JAMES FINANCIAL INC Reduced -628-628

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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Astoria Portfolio Advisors LLC. 6.00% of their portfolio NEW YORK, NY 1,230,3981.2m $26.4m $26.4m 6.00% Added +249.9k +249,857
2 Hobbs Group Advisors, LLC 4.51% of their portfolio COLUMBIA, SC 802,488802.5k $14.9m $14.9m 4.51% Added +47.5k +47,467
3 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 209,311209.3k $3.9m $3.9m 0.01% New
4 Vermillion & White Wealth Management Group, LLC 1.93% of their portfolio PHOENIXVILLE, PA 188,372188.4k $3.5m $3.5m 1.93% Added +7.6k +7,590
5 Oregon Pacific Wealth Management, LLC 2.89% of their portfolio Medford, OR 150,053150.1k $2.8m $2.8m 2.89% Reduced -2.4k -2,408
6 PUFF WEALTH MANAGEMENT, LLC 2.57% of their portfolio Haddonfield, NJ 104,549104.5k $2.0m $2.0m 2.57% Added +37.4k +37,395
7 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 97,50297.5k $1.8m $1.8m 0.00% Added +4.9k +4,852
8 Latitude Advisors, LLC 0.60% of their portfolio YORKVILLE, IL 73,42473.4k $1.4m $1.4m 0.60% Added +3.5k +3,484
9 BlackDiamond Wealth Management, LLC 0.68% of their portfolio NEW YORK, NY 67,65567.7k $1.4m $1.4m 0.68% Added +4.2k +4,203
10 Cascades Capital Asset Management, LLC 0.48% of their portfolio GREENSBORO, NC 61,72361.7k $1.1m $1.1m 0.48% Added +20.3k +20,323
11 Onyx Bridge Wealth Group LLC 0.12% of their portfolio TARRYTOWN, NY 61,40661.4k $1.1m $1.1m 0.12% Added +5.0k +4,977
12 SILVERLAKE WEALTH MANAGEMENT LLC 0.25% of their portfolio WILLISTON, VT 60,79460.8k $1.1m $1.1m 0.25% Added +18.4k +18,383
13 Pursuit Wealth Management LLC 0.92% of their portfolio Palm Beach Gardens, FL 57,45457.5k $1.1m $1.1m 0.92% First filing
14 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 55,55355.6k $1.0m $1.0m 0.01% Added +14.2k +14,179
15 4WEALTH ADVISORS, INC. 0.83% of their portfolio Burr Ridge, IL 51,37351.4k $956.9k $956.9k 0.83% Added +22.3k +22,348
16 FSA WEALTH PARTNERS, INC. 0.32% of their portfolio Rockville, MD 48,52948.5k $903.9k $903.9k 0.32% Reduced -445 -445
17 World Investment Advisors 0.01% of their portfolio LINCROFT, NJ 39,48839.5k $735.5k $735.5k 0.01% New
18 Ellis Investment Partners, LLC 0.10% of their portfolio Berwyn, PA 31,72031.7k $590.8k $590.8k 0.10% Reduced -1.3k -1,279
19 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 30,13330.1k $561.3k $561.3k 0.00% Reduced -628 -628
20 WADDELL & ASSOCIATES, LLC 0.04% of their portfolio MEMPHIS, TN 30,09830.1k $560.6k $560.6k 0.04% Unchanged
21 Strait & Sound Wealth Management LLC 0.21% of their portfolio SAN FRANCISCO, CA 29,80029.8k $555.1k $555.1k 0.21% Added +1.6k +1,601
22 FLOW TRADERS U.S. LLC 0.02% of their portfolio NEW YORK, NY 29,16929.2k $543.0k $543.0k 0.02% New
23 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 28,39528.4k $528.9k $528.9k 0.00% Reduced -2.9k -2,859
24 BLUEDOOR PRIVATE WEALTH, LLC 0.24% of their portfolio BEVERLY, MA 27,36927.4k $509.8k $509.8k 0.24% First filing
25 Bison Wealth, LLC 0.05% of their portfolio ATLANTA, GA 20,92720.9k $423.2k $423.2k 0.05% New
26 REAP Financial Group, LLC 0.07% of their portfolio AUSTIN, TX 19,66519.7k $366.3k $366.3k 0.07% Reduced -673 -673
27 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 18,83818.8k $350.9k $350.9k 0.00% Added +1.1k +1,069
28 SARD WEALTH MANAGEMENT GROUP, LLC 0.18% of their portfolio ATLANTA, GA 17,85517.9k $332.6k $332.6k 0.18% Added +46 +46
29 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 17,08517.1k $318.3k $318.3k 0.00% Added +5.1k +5,059
30 GeoWealth Management, LLC 0.01% of their portfolio CHICAGO, IL 15,55415.6k $289.7k $289.7k 0.01% New
31 Belpointe Asset Management LLC 0.01% of their portfolio RENO, NV 13,28713.3k $247.5k $247.5k 0.01% New
32 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 11,82611.8k $220.3k $220.3k 0.00% Reduced -295 -295
33 AlTi Global, Inc. 0.00% of their portfolio NEW YORK, NY 11,39111.4k $212.2k $212.2k 0.00% Unchanged
34 Clark Asset Management, LLC 0.02% of their portfolio STRATHAM, NH 11,24511.2k $209.5k $209.5k 0.02% Reduced -4.5k -4,481
35 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 10,47210.5k $195.1k $195.1k 0.00% New
36 COMERICA BANK 0.00% of their portfolio DALLAS, TX 10,07110.1k $187.6k $187.6k 0.00% Added +26 +26
37 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 8,7418.7k $162.8k $162.8k 0.00% Unchanged
38 Millstone Evans Group, LLC 0.08% of their portfolio BOULDER, CO 7,4357.4k $138.5k $138.5k 0.08% Unchanged
39 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 931931 $17.4k $17.4k 0.00% Unchanged
40 EVOLUTION WEALTH MANAGEMENT INC. 0.01% of their portfolio FORT MYERS, FL 771771 $14.4k $14.4k 0.01% Added +652 +652
41 Bogart Wealth, LLC 0.00% of their portfolio MCLEAN, VA 400400 $7.5k $7.5k 0.00% Unchanged
42 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 140140 $2.6k $2.6k 0.00% Unchanged
43 Covestor Ltd 0.00% of their portfolio LONDON, X0 9797 $2.0k $2.0k 0.00% Unchanged
44 UBS Group AG 0.00% of their portfolio ZURICH, V8 3636 $670 $670 0.00% Reduced -3.6k -3,571