Vault-13

LEGG MASON ETF INVT LVHD

FRANKLIN US LOW · ETP · CUSIP 52468L406

122 institutional holders +6 vs Q1 2026
6,684,4936.7m shares reported held*
$294.3mreported value*
16 new 49 added 30 reduced 9 sold out net sold ≈ $14.8m (-337.4k 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 ($9.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $44.02.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 83Q4 22: 106Q1 23: 104Q2 23: 103Q3 23: 110Q4 23: 112Q1 24: 93Q2 24: 89Q3 24: 85Q4 24: 92Q1 25: 86Q2 25: 100Q3 25: 103Q4 25: 107Q1 26: 116Q2 26: 122122Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202283
Q4 2022106
Q1 2023104
Q2 2023103
Q3 2023110
Q4 2023112
Q1 202493
Q2 202489
Q3 202485
Q4 202492
Q1 202586
Q2 2025100
Q3 2025103
Q4 2025107
Q1 2026116
Q2 2026122

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 32 bought or addedQ3 24: 47 cut or sold outQ4 24: 40 bought or addedQ4 24: 42 cut or sold outQ4 24Q1 25: 35 bought or addedQ1 25: 41 cut or sold outQ2 25: 56 bought or addedQ2 25: 28 cut or sold outQ2 25Q3 25: 57 bought or addedQ3 25: 35 cut or sold outQ4 25: 48 bought or addedQ4 25: 48 cut or sold outQ4 25Q1 26: 57 bought or addedQ1 26: 43 cut or sold outQ2 26: 65 bought or addedQ2 26: 39 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20243247
Q4 20244042
Q1 20253541
Q2 20255628
Q3 20255735
Q4 20254848
Q1 20265743
Q2 20266539

Biggest buyers

Tidal Investments LLC New +106,212+106.2k
IFG Advisory, LLC New +74,932+74.9k
CITIGROUP INC Added +39,569+39.6k
Cambridge Investment Research Advisors, Inc. Added +32,672+32.7k
Simplicity Wealth,LLC New +31,982+32.0k
ROYAL BANK OF CANADA Added +29,838+29.8k
AMERIPRISE FINANCIAL INC Added +21,897+21.9k
LPL Financial LLC Added +19,900+19.9k
JONES FINANCIAL COMPANIES LLLP Added +15,622+15.6k
WELLS FARGO & COMPANY/MN Added +15,171+15.2k

Biggest sellers

Financial Engines Advisors L.L.C. Reduced -587,231-587.2k
GTS SECURITIES LLC Sold out -45,649-45.6k
TWO SIGMA INVESTMENTS, LP Sold out -43,600-43.6k
Independent Advisor Alliance Sold out -28,948-28.9k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -26,101-26.1k
Triad Wealth Partners, LLC Reduced -20,115-20.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -18,831-18.8k
MORGAN STANLEY Reduced -14,750-14.8k
Cetera Investment Advisers Reduced -13,305-13.3k
RAYMOND JAMES FINANCIAL INC Reduced -8,095-8.1k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 992,542992.5k $43.7m $43.7m 0.00% Reduced -14.8k -14,750
2 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 764,164764.2k $33.6m $33.6m 0.01% Added +19.9k +19,900
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 613,810613.8k $27.0m $27.0m 0.00% Added +11.7k +11,719
4 UBS Group AG 0.00% of their portfolio ZURICH, V8 434,363434.4k $19.1m $19.1m 0.00% Added +11.3k +11,301
5 Financial Engines Advisors L.L.C. 0.03% of their portfolio SANTA CLARA, CA 379,995380.0k $16.7m $16.7m 0.03% Reduced -587.2k -587,231
6 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 273,897273.9k $12.1m $12.1m 0.00% Added +15.2k +15,171
7 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 211,191211.2k $9.3m $9.3m 0.00% Reduced -8.1k -8,095
8 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 180,172180.2k $7.9m $7.9m 0.01% Reduced -3.4k -3,359
9 Sequent Planning LLC 1.66% of their portfolio OMAHA, NE 176,109176.1k $7.7m $7.7m 1.66% Added +6.1k +6,079
10 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 175,756175.8k $7.7m $7.7m 0.04% Added +14.8k +14,795
11 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 175,212175.2k $7.7m $7.7m 0.00% Added +29.8k +29,838
12 Sovereign Investment Advisors, LLC 1.28% of their portfolio PHOENIX, AZ 154,793154.8k $6.8m $6.8m 1.28% Added +1.2k +1,171
13 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 126,001126.0k $5.5m $5.5m 0.01% Reduced -13.3k -13,305
14 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 114,531114.5k $5.1m $5.1m 0.00% Added +15.6k +15,622
15 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 108,166108.2k $4.8m $4.8m 0.00% Added +39.6k +39,569
16 Tidal Investments LLC 0.01% of their portfolio Milwaukee, WI 106,212106.2k $4.7m $4.7m 0.01% New
17 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 90,45390.5k $4.0m $4.0m 0.00% Reduced -4.0k -3,998
18 HEFFERNAN ADVISORY, INC 3.28% of their portfolio FLAGSTAFF, AZ 89,02189.0k $3.9m $3.9m 3.28% Reduced -929 -929
19 Allworth Financial LP 0.02% of their portfolio FOLSOM, CA 86,70886.7k $3.8m $3.8m 0.02% Reduced -5.3k -5,257
20 IFG Advisory, LLC 0.12% of their portfolio ATLANTA, GA 74,93274.9k $3.3m $3.3m 0.12% New
21 PERSPECTIVE WEALTH ADVISORS LLC 1.75% of their portfolio LOVELAND, CO 72,15872.2k $3.2m $3.2m 1.75% Added +3.6k +3,606
22 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 66,45266.5k $2.9m $2.9m 0.00% Added +32.7k +32,672
23 Wealthcare Advisory Partners LLC 0.05% of their portfolio WEST CHESTER, PA 62,09962.1k $2.7m $2.7m 0.05% Reduced -660 -660
24 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 52,02752.0k $2.3m $2.3m 0.00% Added +440 +440
25 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 51,21151.2k $2.3m $2.3m 0.00% Added +2.0k +1,961
26 JT Stratford LLC 0.24% of their portfolio GAINESVILLE, GA 49,51149.5k $2.2m $2.2m 0.24% Added +776 +776
27 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 48,47248.5k $2.1m $2.1m 0.00% Added +21.9k +21,897
28 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 44,43444.4k $2.0m $2.0m 0.00% Reduced -26.1k -26,101
29 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 44,36244.4k $2.0m $2.0m 0.00% Reduced -4.8k -4,820
30 Triad Wealth Partners, LLC 0.11% of their portfolio LAWRENCE, KS 42,31742.3k $1.9m $1.9m 0.11% Reduced -20.1k -20,115
31 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 39,68339.7k $1.7m $1.7m 0.00% Added +165 +165
32 XML Financial, LLC 0.12% of their portfolio BETHESDA, MD 38,40238.4k $1.7m $1.7m 0.12% Reduced -443 -443
33 Anson Capital, Inc. 1.09% of their portfolio TYRONE, GA 37,93037.9k $1.7m $1.7m 1.09% Added +2.4k +2,400
34 Arkadios Wealth Advisors 0.03% of their portfolio ATLANTA, GA 37,17837.2k $1.6m $1.6m 0.03% Added +3.6k +3,614
35 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 35,18235.2k $1.5m $1.5m 0.00% Reduced -3.4k -3,421
36 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 32,88332.9k $1.4m $1.4m 0.00% Reduced -3.1k -3,062
37 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 32,06532.1k $1.4m $1.4m 0.00% Added +1.7k +1,665
38 Simplicity Wealth,LLC 0.05% of their portfolio SUMMIT, NJ 31,98232.0k $1.4m $1.4m 0.05% New
39 CX Institutional 0.03% of their portfolio AUBURN, IN 26,19726.2k $1.2m $1.2m 0.03% Added +198 +198
40 Wealthcare Capital Partners, LLC 0.44% of their portfolio WEST CHESTER, PA 24,38024.4k $1.1m $1.1m 0.44% Added +3.5k +3,525
41 First Heartland Consultants, Inc. 0.06% of their portfolio LAKE ST. LOUIS, MO 22,24922.2k $979.0k $979.0k 0.06% Added +7.5k +7,544
42 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 21,69521.7k $954.6k $954.6k 0.00% Added +1.8k +1,755
43 Centurion Wealth Management LLC 0.23% of their portfolio Mclean, VA 21,58121.6k $949.6k $949.6k 0.23% Reduced -2.2k -2,245
44 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.02% of their portfolio LOS ANGELES, CA 21,54621.5k $948.1k $948.1k 0.02% Added +130 +130
45 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 20,73620.7k $912.4k $912.4k 0.01% Added +73 +73
46 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 18,65718.7k $821.0k $821.0k 0.00% Reduced -5.3k -5,304
47 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 18,55218.6k $816.4k $816.4k 0.01% Added +2.1k +2,112
48 Pallas Capital Advisors LLC 0.02% of their portfolio BRAINTREE, MA 17,66517.7k $777.3k $777.3k 0.02% Added +1.0k +1,031
49 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 15,92315.9k $700.7k $700.7k 0.00% Added +257 +257
50 Atria Investments, Inc 0.01% of their portfolio Charlotte, NC 15,74715.7k $692.9k $692.9k 0.01% Added +7.6k +7,617
51 STEPHENS INC /AR/ 0.01% of their portfolio LITTLE ROCK, AR 14,45514.5k $636.1k $636.1k 0.01% Unchanged
52 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 13,87413.9k $610.5k $610.5k 0.00% Added +2.4k +2,361
53 Oak Grove Capital LLC 0.04% of their portfolio Holderness, NH 13,79113.8k $606.8k $606.8k 0.04% New
54 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.00% of their portfolio IRVING, TX 12,31412.3k $541.6k $541.6k 0.00% Reduced -235 -235
55 Private Advisory Group LLC 0.03% of their portfolio REDMOND, WA 11,65011.7k $512.6k $512.6k 0.03% Added +227 +227
56 ALPHA CAPITAL ADVISORS INC /ADV 0.43% of their portfolio BANGOR, ME 11,24111.2k $494.7k $494.7k 0.43% Unchanged
57 LongView Wealth Management 0.11% of their portfolio ATLANTA, GA 9,6629.7k $425.1k $425.1k 0.11% Added +59 +59
58 Mariner, LLC 0.00% of their portfolio Overland Park, KS 9,6229.6k $423.4k $423.4k 0.00% Reduced -4.9k -4,862
59 Pinnacle Financial Partners, Inc. 0.00% of their portfolio ATLANTA, GA 9,3389.3k $410.9k $410.9k 0.00% Unchanged
60 Compound Planning, Inc. 0.01% of their portfolio NEW YORK, NY 8,9889.0k $395.5k $395.5k 0.01% Added +337 +337
61 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 8,8658.9k $390.1k $390.1k 0.00% Reduced -68 -68
62 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 8,7468.7k $384.9k $384.9k 0.00% Reduced -1.1k -1,080
63 WBH ADVISORY INC 0.02% of their portfolio BALTIMORE, MD 7,9738.0k $350.8k $350.8k 0.02% Unchanged
64 Sepio Capital, LP 0.02% of their portfolio Salt Lake City, UT 7,5697.6k $333.1k $333.1k 0.02% Unchanged
65 Concurrent Investment Advisors, LLC 0.00% of their portfolio Tampa, FL 7,4927.5k $329.7k $329.7k 0.00% Reduced -348 -348
66 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 7,4537.5k $329.3k $329.3k 0.00% Unchanged
67 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 7,2497.2k $319.0k $319.0k 0.00% Added +421 +421
68 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 7,0177.0k $308.8k $308.8k 0.00% Reduced -49 -49
69 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 7,0087.0k $312.2k $312.2k 0.00% Reduced -652 -652
70 Intrepid Financial Planning Group LLC 0.09% of their portfolio CARMEL, IN 6,2046.2k $273.0k $273.0k 0.09% Added +150 +150
71 Belpointe Asset Management LLC 0.01% of their portfolio RENO, NV 5,8585.9k $257.8k $257.8k 0.01% New
72 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 5,8585.9k $257.7k $257.7k 0.00% New
73 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 5,6795.7k $249.9k $249.9k 0.00% Reduced -18.8k -18,831
74 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 5,4775.5k $241.0k $241.0k 0.00% Added +62 +62
75 Investors Research Corp 0.04% of their portfolio ATLANTA, GA 5,2715.3k $231.9k $231.9k 0.04% Added +196 +196
76 Indivisible Partners 0.01% of their portfolio CLEARWATER, FL 5,2645.3k $231.6k $231.6k 0.01% New
77 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 5,2605.3k $231.5k $231.5k 0.00% Added +206 +206
78 Lynx Investment Advisory 0.07% of their portfolio WASHINGTON, DC, DC 5,1445.1k $226.4k $226.4k 0.07% New
79 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 5,0965.1k $224.2k $224.2k 0.00% Added +160 +160
80 Stratos Wealth Partners, LTD. 0.00% of their portfolio BEACHWOOD, OH 5,0805.1k $223.5k $223.5k 0.00% Reduced -24 -24
81 SYKON CAPITAL LLC 0.07% of their portfolio HARRISON, NY 4,8144.8k $211.8k $211.8k 0.07% Added +24 +24
82 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 4,7284.7k $208.0k $208.0k 0.00% Unchanged
83 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 3,8943.9k $171.3k $171.3k 0.00% New
84 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 3,5863.6k $157.8k $157.8k 0.00% Added +1.3k +1,254
85 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 3,4963.5k $153.8k $153.8k 0.00% Reduced -191 -191
86 PRIVATE TRUST CO NA 0.01% of their portfolio CLEVELAND, OH 2,4102.4k $106.0k $106.0k 0.01% Unchanged
87 Institute for Wealth Management, LLC. 0.01% of their portfolio DENVER, CO 2,3122.3k $101.7k $101.7k 0.01% New
88 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 2,2452.2k $98.8k $98.8k 0.00% Added +829 +829
89 FMR LLC 0.00% of their portfolio BOSTON, MA 1,9642.0k $86.4k $86.4k 0.00% Added +383 +383
90 Sunrise Financial Services, LLC 0.05% of their portfolio BURIEN, WA 1,7681.8k $77.8k $77.8k 0.05% Added +423 +423
91 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 1,7361.7k $76.4k $76.4k 0.00% New
92 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 1,4651.5k $64.5k $64.5k 0.00% Unchanged
93 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 1,2891.3k $56.7k $56.7k 0.00% Added +4 +4
94 Hurley Capital, LLC 0.03% of their portfolio NEW YORK, NY 1,2551.3k $55.2k $55.2k 0.03% Unchanged
95 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,2001.2k $52.8k $52.8k 0.00% Reduced -50 -50
96 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 1,0001.0k $44.0k $44.0k 0.00% Unchanged
97 VIMA LLC 0.04% of their portfolio TROY, MI 929929 $40.9k $40.9k 0.04% First filing
98 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 880880 $38.7k $38.7k 0.00% Unchanged
99 GHP Investment Advisors, Inc. 0.00% of their portfolio Denver, CO 877877 $38.6k $38.6k 0.00% New
100 Keating Financial Advisory Services, Inc. 0.00% of their portfolio MANHATTAN, KS 861861 $37.9k $37.9k 0.00% Unchanged