Vault-13

LISTED FDS TR HEGD

SWAN HEDGED EQTY · ETP · CUSIP 53656F599

84 institutional holders +4 vs Q1 2026
18,708,10018.7m shares reported held*
$498.6mreported value*
9 new 37 added 21 reduced 4 sold out net bought ≈ $55.9m (+2.1m 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 ($22.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $26.65.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 27Q4 22: 29Q1 23: 35Q2 23: 28Q3 23: 34Q4 23: 38Q1 24: 40Q2 24: 44Q3 24: 44Q4 24: 63Q1 25: 71Q2 25: 64Q3 25: 69Q4 25: 81Q1 26: 80Q2 26: 8484Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202227
Q4 202229
Q1 202335
Q2 202328
Q3 202334
Q4 202338
Q1 202440
Q2 202444
Q3 202444
Q4 202463
Q1 202571
Q2 202564
Q3 202569
Q4 202581
Q1 202680
Q2 202684

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 26 bought or addedQ3 24: 18 cut or sold outQ4 24: 36 bought or addedQ4 24: 13 cut or sold outQ4 24Q1 25: 40 bought or addedQ1 25: 28 cut or sold outQ2 25: 33 bought or addedQ2 25: 30 cut or sold outQ2 25Q3 25: 43 bought or addedQ3 25: 19 cut or sold outQ4 25: 52 bought or addedQ4 25: 24 cut or sold outQ4 25Q1 26: 44 bought or addedQ1 26: 35 cut or sold outQ2 26: 46 bought or addedQ2 26: 25 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20242618
Q4 20243613
Q1 20254028
Q2 20253330
Q3 20254319
Q4 20255224
Q1 20264435
Q2 20264625

Biggest buyers

MY Wealth Management Inc. New +429,643+429.6k
Cambridge Investment Research Advisors, Inc. Added +301,382+301.4k
Ethos Financial Group, LLC New +267,815+267.8k
Taylor Securities Services, Inc. Added +203,739+203.7k
LAUREL OAK WEALTH MANAGEMENT, LLC Added +142,243+142.2k
AQR CAPITAL MANAGEMENT LLC New +134,801+134.8k
MOSAIC FAMILY WEALTH PARTNERS, LLC Added +117,150+117.2k
LPL Financial LLC Added +106,261+106.3k
Blueprint Investment Partners LLC Added +101,890+101.9k
Blueprint Financial Advisors LLC Added +92,103+92.1k

Biggest sellers

O'SHAUGHNESSY ASSET MANAGEMENT, LLC Reduced -102,323-102.3k
VISTA INVESTMENT PARTNERS II, LLC Sold out -78,139-78.1k
Independent Advisor Alliance Sold out -55,323-55.3k
Avior Wealth Management, LLC Reduced -42,501-42.5k
Baird Financial Group, Inc. Reduced -34,420-34.4k
Swan Global Investments, LLC Reduced -22,752-22.8k
BANK OF AMERICA CORP /DE/ Sold out -19,572-19.6k
ENVESTNET ASSET MANAGEMENT INC Reduced -11,416-11.4k
NewEdge Advisors, LLC Reduced -10,131-10.1k
MML INVESTORS SERVICES, LLC Reduced -9,268-9.3k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Taylor Securities Services, Inc. 25.59% of their portfolio HARRISBURG, PA 2,360,6632.4m $62.9m $62.9m 25.59% Added +203.7k +203,739
2 Blueprint Investment Partners LLC 3.69% of their portfolio GREENSBORO, NC 1,658,7001.7m $44.2m $44.2m 3.69% Added +101.9k +101,890
3 Swan Global Investments, LLC 1.91% of their portfolio DURANGO, CO 1,569,4291.6m $41.8m $41.8m 1.91% Reduced -22.8k -22,752
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 1,518,8611.5m $40.5m $40.5m 0.01% Added +106.3k +106,261
5 NewEdge Advisors, LLC 0.11% of their portfolio NEW ORLEANS, LA 1,397,9961.4m $37.3m $37.3m 0.11% Reduced -10.1k -10,131
6 Blueprint Financial Advisors LLC 2.54% of their portfolio GREENSBOTO, NC 857,002857.0k $22.8m $22.8m 2.54% Added +92.1k +92,103
7 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 845,273845.3k $22.5m $22.5m 0.01% Reduced -11.4k -11,416
8 Legacy CG, LLC 5.13% of their portfolio PLANO, TX 751,283751.3k $20.0m $20.0m 5.13% Added +64.6k +64,571
9 Beacon Pointe Advisors, LLC 0.08% of their portfolio NEWPORT BEACH, CA 650,777650.8k $17.3m $17.3m 0.08% Added +57.6k +57,625
10 LAUREL OAK WEALTH MANAGEMENT, LLC 2.45% of their portfolio MARLTON, NJ 630,722630.7k $16.8m $16.8m 2.45% Added +142.2k +142,243
11 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.08% of their portfolio Stamford, CT 623,845623.8k $16.6m $16.6m 0.08% Reduced -102.3k -102,323
12 Financial Designs Corp 8.68% of their portfolio CLAREMONT, CA 607,632607.6k $16.2m $16.2m 8.68% Added +61.3k +61,290
13 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 582,132582.1k $15.5m $15.5m 0.02% Added +301.4k +301,382
14 Avior Wealth Management, LLC 0.37% of their portfolio OMAHA, NE 533,624533.6k $14.2m $14.2m 0.37% Reduced -42.5k -42,501
15 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 488,134488.1k $13.0m $13.0m 0.00% Added +31.0k +30,984
16 MY Wealth Management Inc. 8.07% of their portfolio GERMANTOWN, MD 429,643429.6k $11.5m $11.5m 8.07% New
17 Ausdal Financial Partners, Inc. 0.39% of their portfolio Davenport, IA 376,676376.7k $10.0m $10.0m 0.39% Added +7.1k +7,099
18 Atria Investments, Inc 0.09% of their portfolio Charlotte, NC 331,070331.1k $8.8m $8.8m 0.09% Added +10.2k +10,156
19 Spartan Planning & Wealth Management 5.48% of their portfolio GREENSBORO, NC 308,649308.6k $8.2m $8.2m 5.48% Added +13.7k +13,679
20 RETIREMENT GUYS FORMULA LLC 2.96% of their portfolio MAUMEE, OH 294,582294.6k $7.9m $7.9m 2.96% Added +5.4k +5,447
21 Inspire Advisors, LLC 0.52% of their portfolio Meridian, ID 282,321282.3k $7.5m $7.5m 0.52% Added +50.4k +50,355
22 Ethos Financial Group, LLC 0.47% of their portfolio KING OF PRUSSIA, PA 267,815267.8k $7.0m $7.0m 0.47% New
23 J.W. COLE ADVISORS, INC. 0.10% of their portfolio TAMPA, FL 212,929212.9k $5.7m $5.7m 0.10% Added +40.6k +40,581
24 Marshall & Sterling Wealth Advisors Inc. 2.99% of their portfolio POUGHKEEPSIE, NY 189,652189.7k $5.1m $5.1m 2.99% Added +37.9k +37,911
25 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 152,252152.3k $4.1m $4.1m 0.00% Added +17.4k +17,401
26 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 134,801134.8k $3.6m $3.6m 0.00% New
27 MOSAIC FAMILY WEALTH PARTNERS, LLC 0.23% of their portfolio ST. LOUIS, MO 126,259126.3k $3.4m $3.4m 0.23% Added +117.2k +117,150
28 LaSalle St. Investment Advisors, LLC 0.35% of their portfolio ELMHURST, IL 107,561107.6k $2.9m $2.9m 0.35% Added +473 +473
29 WORLD EQUITY GROUP, INC. 0.61% of their portfolio SCHAUMBURG, IL 102,912102.9k $2.7m $2.7m 0.61% Added +68.6k +68,615
30 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 85,69085.7k $2.3m $2.3m 0.00% Reduced -2.6k -2,612
31 Thompson David Blair 1.10% of their portfolio CHARLOTTE, NC 82,62782.6k $2.2m $2.2m 1.10% Reduced -5.1k -5,098
32 SENTINEL PENSION ADVISORS, LLC 0.27% of their portfolio WAKEFIELD, MA 76,70076.7k $2.0m $2.0m 0.27% Added +8.0k +7,981
33 Barnes Wealth Management Group, Inc 0.72% of their portfolio Bakersfield, CA 58,13558.1k $1.5m $1.5m 0.72% Added +4.7k +4,687
34 Camarda Financial Advisors, LLC 0.44% of their portfolio FLEMING ISLAND, FL 54,22854.2k $1.4m $1.4m 0.44% Added +2.5k +2,521
35 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 44,19044.2k $1.2m $1.2m 0.01% Added +23.2k +23,195
36 Kingsview Wealth Management, LLC 0.01% of their portfolio GRANTS PASS, OR 43,52643.5k $1.2m $1.2m 0.01% Reduced -1.2k -1,209
37 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 42,61142.6k $1.1m $1.1m 0.01% Added +3.2k +3,167
38 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 41,69041.7k $1.1m $1.1m 0.00% Reduced -34.4k -34,420
39 INTEGRITY ALLIANCE, LLC. 0.03% of their portfolio Urbandale, IA 40,57040.6k $1.1m $1.1m 0.03% Added +56 +56
40 CHILTON CAPITAL MANAGEMENT LLC 0.03% of their portfolio HOUSTON, TX 38,06038.1k $1.0m $1.0m 0.03% Reduced -2.6k -2,633
41 Regal Investment Advisors LLC 0.05% of their portfolio KENTWOOD, MI 35,18835.2k $938.1k $938.1k 0.05% Added +4.7k +4,712
42 RIVERCHASE WEALTH MANAGEMENT, LLC 0.43% of their portfolio Flower Mound, TX 34,23334.2k $912.7k $912.7k 0.43% Added +1.4k +1,446
43 OLD MISSION CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 31,82031.8k $848.3k $848.3k 0.02% New
44 Vise Technologies, Inc. 0.01% of their portfolio NEW YORK, NY 29,26829.3k $780.3k $780.3k 0.01% Added +19.4k +19,415
45 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 29,13629.1k $776.8k $776.8k 0.00% Added +3.1k +3,051
46 Momentum Wealth Planning, LLC 0.58% of their portfolio ESTERO, FL 29,10729.1k $776.0k $776.0k 0.58% Reduced -100 -100
47 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 28,30328.3k $754.6k $754.6k 0.00% Added +14.4k +14,394
48 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.01% of their portfolio LOS ANGELES, CA 26,40626.4k $704.0k $704.0k 0.01% Reduced -148 -148
49 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 26,01526.0k $693.5k $693.5k 0.00% Reduced -9.3k -9,268
50 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 23,38523.4k $623.4k $623.4k 0.01% Reduced -5.4k -5,384
51 Mutual Advisors, LLC 0.01% of their portfolio OMAHA, NE 21,80921.8k $581.4k $581.4k 0.01% Reduced -500 -500
52 GRANITE ISLANDS PRIVATE WEALTH, LLC 0.35% of their portfolio GUILFORD, CT 17,95818.0k $478.8k $478.8k 0.35% Unchanged
53 WCG Wealth Advisors LLC 0.01% of their portfolio LAS VEGAS, NV 16,95317.0k $452.0k $452.0k 0.01% Reduced -1.1k -1,056
54 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 16,08116.1k $428.7k $428.7k 0.00% Added +1.8k +1,832
55 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 15,35215.4k $409.3k $409.3k 0.00% Added +256 +256
56 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 14,32714.3k $381.9k $381.9k 0.00% Reduced -283 -283
57 Prosperity Financial Group, Inc. 0.11% of their portfolio San Ramon, CA 13,47613.5k $359.3k $359.3k 0.11% Reduced -1.1k -1,113
58 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 13,14713.1k $353.3k $353.3k 0.00% Reduced -325 -325
59 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 11,79811.8k $314.5k $314.5k 0.00% New
60 VestGen Advisors, LLC 0.01% of their portfolio CHICAGO, IL 11,73211.7k $312.8k $312.8k 0.01% Unchanged
61 Empire Financial Management Company, LLC 0.12% of their portfolio NEW YORK, NY 11,13311.1k $296.8k $296.8k 0.12% Unchanged
62 Syntegra Private Wealth Group, LLC 0.02% of their portfolio Chesterfield, MO 10,39010.4k $277.0k $277.0k 0.02% Unchanged
63 Global View Capital Management LLC 0.06% of their portfolio WAUKESHA, WI 10,17510.2k $271.3k $271.3k 0.06% Added +1.2k +1,241
64 EverSource Wealth Advisors, LLC 0.01% of their portfolio BIRMINGHAM, AL 10,15710.2k $270.8k $270.8k 0.01% Reduced -8.3k -8,289
65 Synergy Asset Management, LLC 0.02% of their portfolio VANCOUVER, WA 9,4969.5k $253.2k $253.2k 0.02% New
66 Advisor Resource Council 0.08% of their portfolio DALLAS, TX 8,8308.8k $235.4k $235.4k 0.08% Unchanged
67 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 7,9177.9k $211.1k $211.1k 0.00% First filing
68 UBS Group AG 0.00% of their portfolio ZURICH, V8 7,5797.6k $202.1k $202.1k 0.00% New
69 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 5,6355.6k $149.6k $149.6k 0.00% Added +5.2k +5,154
70 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 5,4995.5k $146.6k $146.6k 0.00% Unchanged
71 Colonial Trust Co / SC 0.02% of their portfolio SPARTANBURG, SC 5,2835.3k $140.8k $140.8k 0.02% Added +485 +485
72 Caitlin John, LLC 0.08% of their portfolio BRIGHTON, MI 5,1675.2k $137.8k $137.8k 0.08% Unchanged
73 CREATIVE FINANCIAL DESIGNS INC /ADV 0.01% of their portfolio KOKOMO, IN 5,0575.1k $134.8k $134.8k 0.01% Unchanged
74 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 4,4744.5k $119.3k $119.3k 0.00% Unchanged
75 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 2,7642.8k $72.7k $72.7k 0.00% New
76 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 1,8751.9k $50.0k $50.0k 0.00% Unchanged
77 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 1,7711.8k $47.2k $47.2k 0.00% Unchanged
78 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,5851.6k $42.3k $42.3k 0.00% Unchanged
79 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 1,5531.6k $41.4k $41.4k 0.00% Unchanged
80 Cullen/Frost Bankers, Inc. 0.00% of their portfolio San Antonio, TX 1,0051.0k $26.8k $26.8k 0.00% Unchanged
81 Park Square Financial Group, LLC 0.17% of their portfolio ROSWELL, GA 712712 $19.0k $19.0k 0.17% Reduced -87 -87
82 Tradewinds Capital Management, LLC 0.00% of their portfolio BELLINGHAM, WA 318318 $8.5k $8.5k 0.00% Unchanged
83 DHJJ Financial Advisors, Ltd. 0.00% of their portfolio NAPERVILLE, IL 1010 $267 $267 0.00% Unchanged
84 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 11 $34 $34 0.00% New