Vault-13

LISTED FDS TR HEGD

SWAN HEDGED EQTY · ETP · CUSIP 53656F599

28 institutional holders -7 vs Q1 2023
3,540,1303.5m shares reported held*
$65.5mreported value*
1 new 12 added 13 reduced 8 sold out net sold ≈ $7.1m (-386.0k 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 ≈ $18.50.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 27Q4 22: 29Q1 23: 35Q2 23: 2828Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202227
Q4 202229
Q1 202335
Q2 202328

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 9 bought or addedQ4 22: 18 cut or sold outQ4 22Q1 23: 18 bought or addedQ1 23: 12 cut or sold outQ1 23Q2 23: 13 bought or addedQ2 23: 21 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022918
Q1 20231812
Q2 20231321

Biggest buyers

TCWP LLC Added +317,613+317.6k
Atria Investments, Inc New +73,538+73.5k
CreativeOne Wealth, LLC Added +68,635+68.6k
CWM, LLC Added +47,490+47.5k
Syntegra Private Wealth Group, LLC Added +12,831+12.8k
STIFEL FINANCIAL CORP Added +11,687+11.7k
Ascentis Independent Advisors Added +9,255+9.3k
OSAIC HOLDINGS, INC. Added +8,304+8.3k
Orion Portfolio Solutions, LLC Added +5,207+5.2k
Orion Porfolio Solutions, LLC Added +5,207+5.2k

Biggest sellers

Beacon Pointe Advisors, LLC Reduced -568,188-568.2k
MGO ONE SEVEN LLC Sold out -108,897-108.9k
JANE STREET GROUP, LLC Sold out -77,292-77.3k
Baird Financial Group, Inc. Reduced -55,867-55.9k
ENVESTNET ASSET MANAGEMENT INC Reduced -35,017-35.0k
Cambridge Investment Research Advisors, Inc. Reduced -24,631-24.6k
AVANTAX ADVISORY SERVICES, INC. Sold out -17,236-17.2k
OLD MISSION CAPITAL LLC Sold out -15,726-15.7k
INDEPENDENT FINANCIAL GROUP, LLC Sold out -14,510-14.5k
RETIREMENT GUYS FORMULA LLC Reduced -11,727-11.7k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 981,263981.3k $18.2m $18.2m 0.01% Reduced -35.0k -35,017
2 Beacon Pointe Advisors, LLC 0.23% of their portfolio NEWPORT BEACH, CA 763,192763.2k $14.1m $14.1m 0.23% Reduced -568.2k -568,188
3 TCWP LLC 1.69% of their portfolio Beachwood, OH 426,510426.5k $7.9m $7.9m 1.69% Added +317.6k +317,613
4 RETIREMENT GUYS FORMULA LLC 4.40% of their portfolio MAUMEE, OH 410,259410.3k $7.6m $7.6m 4.40% Reduced -11.7k -11,727
5 CreativeOne Wealth, LLC 0.07% of their portfolio OVERLAND PARK, KS 146,920146.9k $2.7m $2.7m 0.07% Added +68.6k +68,635
6 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 101,314101.3k $1.9m $1.9m 0.01% Reduced -24.6k -24,631
7 Atria Investments, Inc 0.02% of their portfolio Charlotte, NC 73,53873.5k $1.4m $1.4m 0.02% New
8 Spire Wealth Management 0.05% of their portfolio MCLEAN, VA 71,35771.4k $1.3m $1.3m 0.05% Added +206 +206
9 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 69,73369.7k $1.3m $1.3m 0.00% Added +8.3k +8,304
10 Claybrook Capital, LLC 0.64% of their portfolio WELLESLEY, MA 65,00065.0k $1.2m $1.2m 0.64% Unchanged
11 Syntegra Private Wealth Group, LLC 0.16% of their portfolio Chesterfield, MO 57,90257.9k $1.1m $1.1m 0.16% Added +12.8k +12,831
12 CWM, LLC 0.01% of their portfolio OMAHA, NE 53,64053.6k $993.0k $993.0k 0.01% Added +47.5k +47,490
13 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 42,10242.1k $779.1k $779.1k 0.00% Added +11.7k +11,687
14 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 37,47637.5k $693.0k $693.0k 0.00% Reduced -8.4k -8,436
15 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 34,72434.7k $642.6k $642.6k 0.01% Added +5.2k +5,207
16 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 34,72434.7k $642.6k $642.6k 0.01% Added +5.2k +5,207
17 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 27,74027.7k $513.3k $513.3k 0.00% Reduced -901 -901
18 CREATIVE FINANCIAL DESIGNS INC /ADV 0.05% of their portfolio KOKOMO, IN 23,98324.0k $443.8k $443.8k 0.05% Reduced -1.8k -1,800
19 Clearview Wealth Advisors LLC 0.45% of their portfolio SALEM, OR 23,71023.7k $438.7k $438.7k 0.45% Reduced -349 -349
20 Ascentis Independent Advisors 0.12% of their portfolio DALLAS, TX 22,28622.3k $412.4k $412.4k 0.12% Added +9.3k +9,255
21 Kingsview Wealth Management, LLC 0.01% of their portfolio GRANTS PASS, OR 18,54918.5k $343.2k $343.2k 0.01% Reduced -595 -595
22 Atria Wealth Solutions, Inc. 0.00% of their portfolio NEW YORK, NY 17,65017.6k $326.6k $326.6k 0.00% Reduced -102 -102
23 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 16,53516.5k $306.0k $306.0k 0.00% Reduced -55.9k -55,867
24 Clear Creek Financial Management, LLC 0.05% of their portfolio SILVERDALE, WA 14,28914.3k $264.4k $264.4k 0.05% Reduced -2.2k -2,215
25 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 4,1614.2k $77.0k $77.0k 0.00% Added +1.2k +1,198
26 ICA Group Wealth Management, LLC 0.00% of their portfolio DENVER, CO 923923 $17.1k $17.1k 0.00% Reduced -145 -145
27 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 520520 $9.6k $9.6k 0.00% Added +300 +300
28 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 130130 $2.4k $2.4k 0.00% Unchanged