Vault-13

LISTED FD TR INFL

HORIZON KINETICS · ETP · CUSIP 53656F623

175 institutional holders +7 vs Q1 2026
17,180,63817.2m shares reported held*
$854.8mreported value*
24 new 76 added 43 reduced 18 sold out net bought ≈ $34.7m (+701.4k 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. Holder counts are more reliable. Implied quarter-end price ≈ $49.75. Options: 1 managers hold calls ($598.6k notional), 0 hold puts (—).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 152Q4 22: 169Q1 23: 164Q2 23: 149Q3 23: 144Q4 23: 133Q1 24: 109Q2 24: 111Q3 24: 114Q4 24: 134Q1 25: 142Q2 25: 152Q3 25: 143Q4 25: 150Q1 26: 168Q2 26: 175175Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022152
Q4 2022169
Q1 2023164
Q2 2023149
Q3 2023144
Q4 2023133
Q1 2024109
Q2 2024111
Q3 2024114
Q4 2024134
Q1 2025142
Q2 2025152
Q3 2025143
Q4 2025150
Q1 2026168
Q2 2026175

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 49 bought or addedQ3 24: 51 cut or sold outQ4 24: 75 bought or addedQ4 24: 37 cut or sold outQ4 24Q1 25: 85 bought or addedQ1 25: 42 cut or sold outQ2 25: 88 bought or addedQ2 25: 53 cut or sold outQ2 25Q3 25: 67 bought or addedQ3 25: 62 cut or sold outQ4 25: 87 bought or addedQ4 25: 48 cut or sold outQ4 25Q1 26: 98 bought or addedQ1 26: 58 cut or sold outQ2 26: 100 bought or addedQ2 26: 61 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20244951
Q4 20247537
Q1 20258542
Q2 20258853
Q3 20256762
Q4 20258748
Q1 20269858
Q2 202610061

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ3 25 calls: $858.2kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $1.1mQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $1.6mQ1 26 puts: $1.7mQ1 26P/C 1.11Q2 26 calls: $598.6kQ2 26 puts: $0Q2 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2025$858.2k$00.00
Q4 2025$1.1m$00.00
Q1 2026$1.6m$1.7m1.11
Q2 2026$598.6k$00.00

Biggest buyers

WELLS FARGO & COMPANY/MN Added +359,734+359.7k
Private Advisor Group, LLC Added +193,741+193.7k
LPL Financial LLC Added +123,216+123.2k
SENTINEL TRUST CO LBA New +99,035+99.0k
ROYAL BANK OF CANADA Added +87,276+87.3k
FIRST FOUNDATION ADVISORS Added +71,558+71.6k
Coastal Bridge Advisors, LLC Added +68,863+68.9k
Rockefeller Capital Management L.P. Added +66,473+66.5k
ENVESTNET ASSET MANAGEMENT INC Added +62,411+62.4k
FLOW TRADERS U.S. LLC New +48,878+48.9k

Biggest sellers

Bank of New York Mellon Corp Sold out -433,834-433.8k
Bayshore Capital Advisors, LLC Sold out -330,506-330.5k
OXFORD FINANCIAL GROUP, LTD. LLC Reduced -87,279-87.3k
COOPER INVESTORS PTY LTD Reduced -66,367-66.4k
UBS Group AG Reduced -59,307-59.3k
RAYMOND JAMES FINANCIAL INC Reduced -51,646-51.6k
INDEPENDENT FINANCIAL GROUP, LLC Reduced -20,749-20.7k
Greenhaven Road Investment Management, L.P. Sold out -16,024-16.0k
Realta Investment Advisors Sold out -11,763-11.8k
One Charles Private Wealth Services, LLC Reduced -11,271-11.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $598.6k12.0k shares

Biggest puts

None

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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 OXFORD FINANCIAL GROUP, LTD. LLC 9.75% of their portfolio INDIANAPOLIS, IN 3,860,1733.9m $192.5m $192.5m 9.75% Reduced -87.3k -87,279
2 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,176,6251.2m $58.7m $58.7m 0.01% Added +359.7k +359,734
3 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 1,091,6711.1m $54.5m $54.5m 0.01% Added +123.2k +123,216
4 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 916,922916.9k $45.7m $45.7m 0.01% Added +87.3k +87,276
5 Rockefeller Capital Management L.P. 0.04% of their portfolio NEW YORK, NY 503,418503.4k $25.1m $25.1m 0.04% Added +66.5k +66,473
6 One Charles Private Wealth Services, LLC 5.57% of their portfolio HINGHAM, MA 484,447484.4k $24.2m $24.2m 5.57% Reduced -11.3k -11,271
7 UBS Group AG 0.00% of their portfolio ZURICH, V8 460,192460.2k $23.0m $23.0m 0.00% Reduced -59.3k -59,307
8 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 319,322319.3k $15.9m $15.9m 0.02% Added +23.4k +23,407
9 FIRST FOUNDATION ADVISORS 0.57% of their portfolio Irvine, CA 318,044318.0k $15.9m $15.9m 0.57% Added +71.6k +71,558
10 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 311,549311.5k $15.5m $15.5m 0.00% Added +62.4k +62,411
11 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 301,382301.4k $15.0m $15.0m 0.02% Added +15.7k +15,691
12 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 299,067299.1k $14.9m $14.9m 0.03% Reduced -3.2k -3,243
13 Hilltop National Bank 2.99% of their portfolio CASPER, WY 280,389280.4k $14.0m $14.0m 2.99% Unchanged
14 MAI Capital Management 0.05% of their portfolio INDEPENDENCE, OH 271,806271.8k $13.6m $13.6m 0.05% Added +15.7k +15,652
15 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 264,151264.2k $13.2m $13.2m 0.00% Reduced -51.6k -51,646
16 Coastal Bridge Advisors, LLC 0.80% of their portfolio WESTPORT, CT 260,680260.7k $13.0m $13.0m 0.80% Added +68.9k +68,863
17 Aptus Capital Advisors, LLC 0.09% of their portfolio FAIRHOPE, AL 253,900253.9k $12.7m $12.7m 0.09% Added +30.6k +30,642
18 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 229,553229.6k $11.5m $11.5m 0.05% Added +193.7k +193,741
19 DIVERSIFIED MANAGEMENT INC 2.40% of their portfolio MILWAUKEE, WI 224,829224.8k $11.2m $11.2m 2.40% Reduced -5.1k -5,090
20 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 211,977212.0k $10.6m $10.6m 0.01% Added +38.8k +38,761
21 Longview Financial Advisors, Inc. 5.46% of their portfolio HUNTSVILLE, AL 187,257187.3k $9.3m $9.3m 5.46% Added +10.0k +10,049
22 Pillsbury Lake Capital LLC 1.60% of their portfolio SAN FRANCISCO, CA 176,270176.3k $5.8m $5.8m 1.60% Added +46.3k +46,295
23 Independent Family Office, LLC 3.18% of their portfolio ALBANY, NY 158,665158.7k $7.9m $7.9m 3.18% Added +8.7k +8,738
24 Kestra Investment Management, LLC 0.15% of their portfolio AUSTIN, TX 155,518155.5k $7.8m $7.8m 0.15% Added +9.1k +9,117
25 NCM Capital Management, LLC 2.36% of their portfolio RAMSEY, NJ 153,838153.8k $7.7m $7.7m 2.36% Added +20.1k +20,110
26 PECAUT & CO. 2.32% of their portfolio SIOUX CITY, IA 152,906152.9k $7.6m $7.6m 2.32% Added +3.5k +3,505
27 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 145,461145.5k $7.3m $7.3m 0.01% Reduced -3.1k -3,100
28 Atlas Wealth Partners, LLC 7.41% of their portfolio WYOMISSING, PA 136,034136.0k $6.8m $6.8m 7.41% Added +1.1k +1,073
29 GUARDIAN WEALTH ADVISORS, LLC / NC 0.36% of their portfolio RALEIGH, NC 128,631128.6k $6.4m $6.4m 0.36% Added +11.9k +11,924
30 Moors & Cabot, Inc. 0.24% of their portfolio BOSTON, MA 121,404121.4k $6.1m $6.1m 0.24% Reduced -222 -222
31 Cullen/Frost Bankers, Inc. 0.06% of their portfolio San Antonio, TX 117,080117.1k $5.8m $5.8m 0.06% Unchanged
32 Waterloo Capital, L.P. 0.33% of their portfolio AUSTIN, TX 116,730116.7k $5.8m $5.8m 0.33% Added +18.8k +18,790
33 COOPER INVESTORS PTY LTD 2.44% of their portfolio MELBOURNE, VICTORIA, C3 106,357106.4k $5.3m $5.3m 2.44% Reduced -66.4k -66,367
34 IFP Advisors, Inc 0.09% of their portfolio TAMPA, FL 103,698103.7k $5.2m $5.2m 0.09% Reduced -5.9k -5,922
35 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 103,202103.2k $5.1m $5.1m 0.00% Added +2.5k +2,547
36 SENTINEL TRUST CO LBA 0.44% of their portfolio HOUSTON, TX 99,03599.0k $4.9m $4.9m 0.44% New
37 Philip James Wealth Mangement, LLC 0.55% of their portfolio MILTON, GA 98,70298.7k $4.9m $4.9m 0.55% Reduced -3.4k -3,369
38 SCS Capital Management LLC 0.04% of their portfolio BOSTON, MA 95,02395.0k $4.7m $4.7m 0.04% Reduced -4.3k -4,267
39 Essex Financial Services, Inc. 0.23% of their portfolio ESSEX, CT 93,39593.4k $4.7m $4.7m 0.23% Added +1.2k +1,164
40 HORIZON KINETICS ASSET MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 90,95791.0k $4.5m $4.5m 0.05% Reduced -9.4k -9,395
41 EagleClaw Capital Managment, LLC 0.60% of their portfolio BOSTON, MA 89,20289.2k $4.4m $4.4m 0.60% Added +900 +900
42 NewEdge Wealth, LLC 0.04% of their portfolio STAMFORD, CT 88,20388.2k $4.4m $4.4m 0.04% Added +6 +6
43 INTREPID FAMILY OFFICE LLC 3.91% of their portfolio SARASOTA, FL 85,00085.0k $4.2m $4.2m 3.91% Unchanged
44 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 83,05883.1k $4.1m $4.1m 0.00% Added +34.1k +34,056
45 KESTRA PRIVATE WEALTH SERVICES, LLC 0.04% of their portfolio AUSTIN, TX 81,16381.2k $4.0m $4.0m 0.04% Added +36.7k +36,655
46 Clarity Asset Management, Inc. 1.96% of their portfolio AMES, IA 80,19080.2k $4.0m $4.0m 1.96% Added +29.8k +29,750
47 OneDigital Investment Advisors LLC 0.03% of their portfolio OVERLAND PARK, KS 77,54877.5k $3.9m $3.9m 0.03% Reduced -641 -641
48 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 76,83976.8k $3.8m $3.8m 0.02% Added +3.8k +3,769
49 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 75,49975.5k $3.8m $3.8m 0.01% Added +185 +185
50 Abacus Planning Group, Inc. 0.44% of their portfolio COLUMBIA, SC 71,42271.4k $3.6m $3.6m 0.44% Added +12.7k +12,694
51 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 71,08471.1k $3.5m $3.5m 0.00% Added +46.5k +46,515
52 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 65,78065.8k $3.3m $3.3m 0.00% Added +3.6k +3,634
53 DAVENPORT & Co LLC 0.02% of their portfolio RICHMOND, VA 65,08865.1k $3.2m $3.2m 0.02% Added +5.4k +5,372
54 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 57,62957.6k $2.9m $2.9m 0.00% Added +1.9k +1,850
55 Advisory Services Network, LLC 0.03% of their portfolio ATLANTA, GA 55,89455.9k $2.8m $2.8m 0.03% Added +2.4k +2,410
56 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 53,81553.8k $2.7m $2.7m 0.01% Reduced -303 -303
57 FLOW TRADERS U.S. LLC 0.10% of their portfolio NEW YORK, NY 48,87848.9k $2.4m $2.4m 0.10% New
58 Pekin Hardy Strauss, Inc. 0.20% of their portfolio CHICAGO, IL 45,55645.6k $2.3m $2.3m 0.20% Reduced -2.0k -2,010
59 Ausdal Financial Partners, Inc. 0.09% of their portfolio Davenport, IA 45,08445.1k $2.2m $2.2m 0.09% Added +591 +591
60 Spire Wealth Management 0.07% of their portfolio MCLEAN, VA 43,29443.3k $2.2m $2.2m 0.07% Added +70 +70
61 Lionsbridge Wealth Management LLC 2.00% of their portfolio JACKSONVILLE BEACH, FL 40,79440.8k $2.0m $2.0m 2.00% Reduced -2.1k -2,078
62 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 40,66540.7k $2.0m $2.0m 0.00% Added +7.6k +7,634
63 Stratos Wealth Partners, LTD. 0.02% of their portfolio BEACHWOOD, OH 39,87639.9k $2.0m $2.0m 0.02% Reduced -88 -88
64 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 39,80139.8k $2.0m $2.0m 0.00% Added +101 +101
65 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 39,52839.5k $1.9m $1.9m 0.00% Added +2.7k +2,682
66 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 35,16835.2k $1.8m $1.8m 0.00% New
67 Beacon Pointe Advisors, LLC 0.01% of their portfolio NEWPORT BEACH, CA 34,76734.8k $1.7m $1.7m 0.01% Added +4.8k +4,750
68 Compass Ion Advisors, LLC 0.15% of their portfolio CONSHOHOCKEN, PA 34,18834.2k $1.7m $1.7m 0.15% Added +5 +5
69 Magnolia Private Wealth, LLC 0.92% of their portfolio PHILADELPHIA, PA 33,48233.5k $1.7m $1.7m 0.92% Added +27.7k +27,723
70 INDEPENDENT FINANCIAL GROUP, LLC 0.03% of their portfolio SAN DIEGO, CA 33,23733.2k $1.7m $1.7m 0.03% Reduced -20.7k -20,749
71 Meridian Wealth Advisors, LLC 0.17% of their portfolio AUSTIN, TX 30,41430.4k $1.5m $1.5m 0.17% Added +4.5k +4,516
72 Atria Investments, Inc 0.02% of their portfolio Charlotte, NC 30,24430.2k $1.5m $1.5m 0.02% Added +1.7k +1,666
73 Cresset Asset Management, LLC 0.01% of their portfolio Chicago, IL 29,63429.6k $1.5m $1.5m 0.01% Added +2.4k +2,371
74 Requisite Capital Management, LLC 0.23% of their portfolio DALLAS, TX 27,58727.6k $1.4m $1.4m 0.23% New
75 Kingsview Wealth Management, LLC 0.02% of their portfolio GRANTS PASS, OR 25,29525.3k $1.3m $1.3m 0.02% Added +2.6k +2,594
76 Waverly Advisors, LLC 0.01% of their portfolio BIRMINGHAM, AL 23,19523.2k $1.2m $1.2m 0.01% Added +934 +934
77 PHILLIPS FINANCIAL MANAGEMENT, LLC 0.08% of their portfolio FORT WAYNE, IN 21,75621.8k $1.1m $1.1m 0.08% Added +940 +940
78 Wealthspire Advisors, LLC 0.01% of their portfolio NEW YORK, NY 21,50121.5k $1.1m $1.1m 0.01% Reduced -638 -638
79 LAFFER TENGLER INVESTMENTS, INC. 0.13% of their portfolio Scottsdale, AZ 20,00020.0k $997.6k $997.6k 0.13% Unchanged
80 OLD MISSION CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 19,45719.5k $970.5k $970.5k 0.02% New
81 Triad Investment Management 1.06% of their portfolio NEWPORT BEACH, CA 19,24119.2k $959.7k $959.7k 1.06% Reduced -809 -809
82 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 19,15519.2k $955.5k $955.5k 0.01% Added +1.5k +1,537
83 Straight Path Wealth Management 0.22% of their portfolio Jenison, MI 19,08019.1k $951.7k $951.7k 0.22% Added +175 +175
84 Baker Ellis Asset Management LLC 0.09% of their portfolio Vancouver, WA 18,33218.3k $914.4k $914.4k 0.09% Reduced -1.1k -1,140
85 Bright Futures Wealth Management, LLC. 0.58% of their portfolio WEBSTER, NY 14580, NY 18,09818.1k $902.7k $902.7k 0.58% Reduced -1.7k -1,670
86 Trilogy Capital Inc. 0.04% of their portfolio IRVINE, CA 18,02018.0k $898.8k $898.8k 0.04% Reduced -4.4k -4,435
87 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 17,89817.9k $892.8k $892.8k 0.00% New
88 Mezzasalma Advisors, LLC 0.18% of their portfolio TINTON FALLS, NJ 17,50417.5k $873.1k $873.1k 0.18% Reduced -679 -679
89 KING LUTHER CAPITAL MANAGEMENT CORP 0.00% of their portfolio FORT WORTH, TX 16,50016.5k $823.0k $823.0k 0.00% Unchanged
90 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 15,50015.5k $773.1k $773.1k 0.00% Unchanged
91 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 15,36515.4k $766.4k $766.4k 0.00% Added +24 +24
92 JNBA Financial Advisors 0.06% of their portfolio BLOOMINGTON, MN 15,16515.2k $756.4k $756.4k 0.06% Unchanged
93 CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC 0.10% of their portfolio BETHLEHEM, PA 15,03115.0k $749.7k $749.7k 0.10% Unchanged
94 PARSONS CAPITAL MANAGEMENT INC/RI 0.03% of their portfolio PROVIDENCE, RI 14,77114.8k $736.8k $736.8k 0.03% Added +1.3k +1,334
95 INGALLS & SNYDER LLC 0.02% of their portfolio NEW YORK, NY 14,46914.5k $722.0k $722.0k 0.02% Unchanged
96 Autumn Glory Partners, LLC 0.19% of their portfolio DALLAS, TX 13,62313.6k $679.5k $679.5k 0.19% Unchanged
97 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 12,42712.4k $619.9k $619.9k 0.00% Added +2.8k +2,810
98 Copia Wealth Management 0.35% of their portfolio BEND, OR 11,71311.7k $584.2k $584.2k 0.35% Added +340 +340
99 SMITH, MOORE & CO. 0.04% of their portfolio CLAYTON, MO 11,19411.2k $558.4k $558.4k 0.04% Added +2 +2
100 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 11,03011.0k $550.0k $550.0k 0.00% New