Vault-13

KRANESHARES TR IVOL

QUADRTC INT RT · ETP · CUSIP 500767736

74 institutional holders -15 vs Q1 2025
8,026,5378.0m shares reported held*
$156.8mreported value*
11 new 24 added 23 reduced 28 sold out net sold ≈ $183.7m (-9.4m 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 ≈ $19.53. Options: 1 managers hold calls ($496.8k notional), 1 hold puts ($504.6k).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 176Q4 22: 157Q1 23: 139Q2 23: 134Q3 23: 140Q4 23: 145Q1 24: 121Q2 24: 119Q3 24: 127Q4 24: 104Q1 25: 89Q2 25: 7474Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022176
Q4 2022157
Q1 2023139
Q2 2023134
Q3 2023140
Q4 2023145
Q1 2024121
Q2 2024119
Q3 2024127
Q4 2024104
Q1 202589
Q2 202574

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 59 bought or addedQ3 23: 75 cut or sold outQ4 23: 46 bought or addedQ4 23: 85 cut or sold outQ4 23Q1 24: 46 bought or addedQ1 24: 78 cut or sold outQ2 24: 43 bought or addedQ2 24: 65 cut or sold outQ2 24Q3 24: 70 bought or addedQ3 24: 50 cut or sold outQ4 24: 34 bought or addedQ4 24: 80 cut or sold outQ4 24Q1 25: 36 bought or addedQ1 25: 60 cut or sold outQ2 25: 35 bought or addedQ2 25: 51 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20235975
Q4 20234685
Q1 20244678
Q2 20244365
Q3 20247050
Q4 20243480
Q1 20253660
Q2 20253551

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ3 24 calls: $496.6kQ3 24 puts: $1.9kQ3 24P/C 0.00Q4 24 calls: $335.3kQ4 24 puts: $65.6kQ4 24P/C 0.20Q1 25 calls: $156.9kQ1 25 puts: $386.7kQ1 25P/C 2.46Q2 25 calls: $496.8kQ2 25 puts: $504.6kQ2 25P/C 1.02
Numbers
QuarterCallsPutsP/C
Q3 2024$496.6k$1.9k0.00
Q4 2024$335.3k$65.6k0.20
Q1 2025$156.9k$386.7k2.46
Q2 2025$496.8k$504.6k1.02

Biggest buyers

WELLS FARGO & COMPANY/MN Added +239,496+239.5k
MORGAN STANLEY Added +193,942+193.9k
Brookwood Investment Group LLC New +157,186+157.2k
ROYAL BANK OF CANADA Added +75,925+75.9k
Fortis Group Advisors, LLC Added +71,995+72.0k
Bleakley Financial Group, LLC Added +47,516+47.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +43,297+43.3k
OLD MISSION CAPITAL LLC New +35,218+35.2k
UBS Group AG New +30,388+30.4k
Faithward Advisors, LLC Added +15,220+15.2k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -5,681,327-5.7m
Richard Bernstein Advisors LLC Reduced -3,260,243-3.3m
ENVESTNET ASSET MANAGEMENT INC Sold out -536,783-536.8k
SCOTIA CAPITAL INC. Sold out -173,130-173.1k
HighTower Advisors, LLC Reduced -120,850-120.8k
TRANSCEND CAPITAL ADVISORS, LLC Sold out -59,060-59.1k
STIFEL FINANCIAL CORP Reduced -50,997-51.0k
IFP Advisors, Inc Reduced -49,800-49.8k
Sanctuary Advisors, LLC Sold out -43,912-43.9k
Adams Wealth Management Reduced -34,690-34.7k

Biggest calls

CITADEL ADVISORS LLC Added $496.8k25.4k shares

Biggest puts

CITADEL ADVISORS LLC Added $504.6k25.8k 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 THOR INVESTMENT MANAGEMENT INC /OH/ /ADV 16.71% of their portfolio CINCINNATI, OH 1,258,6911.3m $24.6m $24.6m 16.71% Reduced -1.1k -1,112
2 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 781,437781.4k $15.3m $15.3m 0.01% Reduced -12.9k -12,950
3 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 748,854748.9k $14.5m $14.5m 0.02% Reduced -10.7k -10,704
4 Faithward Advisors, LLC 2.09% of their portfolio LANCASTER, PA 689,405689.4k $13.5m $13.5m 2.09% Added +15.2k +15,220
5 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 487,476487.5k $9.5m $9.5m 0.00% Added +75.9k +75,925
6 Adams Wealth Management 1.75% of their portfolio LOGAN, UT 470,033470.0k $9.2m $9.2m 1.75% Reduced -34.7k -34,690
7 CacheTech Inc. 1.69% of their portfolio LOGAN, UT 470,033470.0k $9.2m $9.2m 1.69% Reduced -34.7k -34,690
8 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 409,251409.3k $8.0m $8.0m 0.00% Added +239.5k +239,496
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 355,688355.7k $7.0m $7.0m 0.00% Added +193.9k +193,942
10 Regal Investment Advisors LLC 0.41% of their portfolio KENTWOOD, MI 277,662277.7k $5.4m $5.4m 0.41% Added +4.5k +4,522
11 BCS Private Wealth Management, Inc. 1.35% of their portfolio RUMSON, NJ 183,062183.1k $3.6m $3.6m 1.35% First filing
12 Pekin Hardy Strauss, Inc. 0.41% of their portfolio CHICAGO, IL 182,857182.9k $3.6m $3.6m 0.41% Added +11.9k +11,890
13 Opes Wealth Management LLC 0.56% of their portfolio MENLO PARK, CA 161,225161.2k $3.2m $3.2m 0.56% Reduced -8.8k -8,765
14 Brookwood Investment Group LLC 0.50% of their portfolio PHOENIX, AZ 157,186157.2k $3.1m $3.1m 0.50% New
15 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 140,474140.5k $2.7m $2.7m 0.00% Reduced -120.8k -120,850
16 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 131,924131.9k $2.6m $2.6m 0.00% Reduced -6.5k -6,524
17 Bleakley Financial Group, LLC 0.06% of their portfolio PARSIPPANY, NJ 126,733126.7k $2.5m $2.5m 0.06% Added +47.5k +47,516
18 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 124,488124.5k $2.4m $2.4m 0.00% Reduced -6.5k -6,531
19 Fortis Group Advisors, LLC 0.36% of their portfolio WESTWOOD, NJ 103,233103.2k $2.0m $2.0m 0.36% Added +72.0k +71,995
20 Chicago Partners Investment Group LLC 0.06% of their portfolio CHICAGO, IL 97,62497.6k $1.9m $1.9m 0.06% Added +3 +3
21 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 60,91260.9k $1.2m $1.2m 0.00% Added +11.7k +11,729
22 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 52,17952.2k $1.0m $1.0m 0.00% Added +9.1k +9,100
23 ONE PLUS ONE WEALTH MANAGEMENT, LLC 0.49% of their portfolio JUPITER, FL 46,12346.1k $902.2k $902.2k 0.49% Added +1.6k +1,600
24 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.12% of their portfolio CONCORD, MA 44,00644.0k $860.8k $860.8k 0.12% Added +29 +29
25 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 43,29743.3k $846.9k $846.9k 0.00% New
26 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 43,12243.1k $843.5k $843.5k 0.00% Reduced -362 -362
27 OLD MISSION CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 35,21835.2k $688.9k $688.9k 0.02% New
28 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 32,35232.4k $633.0k $633.0k 0.00% Added +7.2k +7,213
29 Mraz, Amerine & Associates, Inc. 0.10% of their portfolio Modesto, CA 30,98931.0k $606.1k $606.1k 0.10% Reduced -2.8k -2,825
30 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 30,49730.5k $596.5k $596.5k 0.00% Reduced -51.0k -50,997
31 UBS Group AG 0.00% of their portfolio ZURICH, V8 30,38830.4k $594.4k $594.4k 0.00% New
32 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 23,49523.5k $459.6k $459.6k 0.00% Reduced -1.5k -1,500
33 Hilltop Holdings Inc. 0.03% of their portfolio DALLAS, TX 21,77821.8k $426.0k $426.0k 0.03% Reduced -8.2k -8,218
34 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 20,65520.7k $404.0k $404.0k 0.01% Reduced -49.8k -49,800
35 Magnus Financial Group LLC 0.03% of their portfolio NEW YORK, NY 19,65719.7k $384.5k $384.5k 0.03% Added +14 +14
36 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 18,99119.0k $371.5k $371.5k 0.00% Added +843 +843
37 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 13,73613.7k $268.7k $268.7k 0.00% Added +1 +1
38 Straight Path Wealth Management 0.09% of their portfolio Jenison, MI 13,43913.4k $262.9k $262.9k 0.09% Reduced -1.5k -1,513
39 Prostatis Group LLC 0.07% of their portfolio HANOVER, MD 12,63712.6k $247.2k $247.2k 0.07% New
40 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 10,88810.9k $213.0k $213.0k 0.00% New
41 COMERICA BANK 0.00% of their portfolio DALLAS, TX 10,11210.1k $197.8k $197.8k 0.00% Reduced -4.0k -4,036
42 EPG Wealth Management LLC 0.05% of their portfolio ATLANTA, GA 8,2638.3k $161.6k $161.6k 0.05% Added +66 +66
43 MCF Advisors LLC 0.01% of their portfolio LEXINGTON, KY 7,0707.1k $138.3k $138.3k 0.01% Reduced -58 -58
44 CWM, LLC 0.00% of their portfolio OMAHA, NE 7,0337.0k $138.0k $138.0k 0.00% Added +2.5k +2,490
45 Lowe Wealth Advisors, LLC 0.05% of their portfolio COLUMBIA, MD 6,5006.5k $127.1k $127.1k 0.05% Reduced -200 -200
46 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 3,4903.5k $68.3k $68.3k 0.00% Reduced -599 -599
47 Capital Investment Advisory Services, LLC 0.01% of their portfolio RALEIGH, NC 3,2453.2k $63.5k $63.5k 0.01% Unchanged
48 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 2,4502.5k $47.5k $47.5k 0.00% Unchanged
49 ISLAY CAPITAL MANAGEMENT, LLC 0.03% of their portfolio Lubbock, TX 2,4002.4k $46.9k $46.9k 0.03% Unchanged
50 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 2,0122.0k $39.4k $39.4k 0.00% First filing
51 TCTC Holdings, LLC 0.00% of their portfolio DALLAS, TX 1,6241.6k $31.8k $31.8k 0.00% Unchanged
52 Golden State Wealth Management, LLC 0.00% of their portfolio SANTA ANA, CA 1,5491.5k $30.3k $30.3k 0.00% Unchanged
53 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 1,2931.3k $25.3k $25.3k 0.00% Added +12 +12
54 TOMPKINS FINANCIAL CORP 0.00% of their portfolio ITHACA, NY 1,1301.1k $22.1k $22.1k 0.00% Unchanged
55 Copia Wealth Management 0.02% of their portfolio BEND, OR 1,0331.0k $20.2k $20.2k 0.02% Reduced -142 -142
56 BOYD WATTERSON ASSET MANAGEMENT LLC/OH 0.01% of their portfolio CLEVELAND, OH 919919 $18.0k $18.0k 0.01% New
57 Investors Research Corp 0.00% of their portfolio ATLANTA, GA 642642 $12.6k $12.6k 0.00% Unchanged
58 Painted Porch Advisors LLC 0.00% of their portfolio SANTA BARBARA, CA 540540 $10.6k $10.6k 0.00% Unchanged
59 West Branch Capital LLC 0.00% of their portfolio AMHERST, MA 500500 $9.8k $9.8k 0.00% Unchanged
60 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 488488 $9.5k $9.5k 0.00% Reduced -5.7m -5,681,327
61 HIGHLINE WEALTH PARTNERS LLC 0.00% of their portfolio SHERMAN OAKS, CA 422422 $8.2k $8.2k 0.00% Added +4 +4
62 Richard Bernstein Advisors LLC 0.00% of their portfolio NEW YORK, NY 406406 $8.0k $8.0k 0.00% Reduced -3.3m -3,260,243
63 Beacon Capital Management, LLC 0.00% of their portfolio FRANKLIN, TN 356356 $7.0k $7.0k 0.00% Added +3 +3
64 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 315315 $6.2k $6.2k 0.00% Unchanged
65 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 250250 $4.0k $4.0k 0.00% Added +156 +156
66 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 200200 $3.9k $3.9k 0.00% Unchanged
67 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 153153 $3.0k $3.0k 0.00% New
68 TRUST CO OF TOLEDO NA /OH/ 0.00% of their portfolio HOLLAND, OH 123123 $2.4k $2.4k 0.00% New
69 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 117117 $2.3k $2.3k 0.00% Added +100 +100
70 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 8080 $1.6k $1.6k 0.00% New
71 DecisionPoint Financial, LLC 0.00% of their portfolio MESA, AZ 6565 $1.3k $1.3k 0.00% New
72 Kiker Wealth Management, LLC 0.00% of their portfolio JASPER, GA 5252 $1.0k $1.0k 0.00% Unchanged
73 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 1010 $191 $191 0.00% Unchanged
74 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged