Vault-13

LITMAN GREGORY FDS TR DBMF

IMGP DBI MANAGED · ETP · CUSIP 53700T827

136 institutional holders -1 vs Q2 2023
24,951,40825.0m shares reported held*
$721.0mreported value*
14 new 59 added 45 reduced 18 sold out net bought ≈ $246.3m (+8.5m 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 ≈ $28.90. Options: 0 managers hold calls (— notional), 2 hold puts ($2.0k).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 101Q4 22: 153Q1 23: 138Q2 23: 137Q3 23: 136136Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022101
Q4 2022153
Q1 2023138
Q2 2023137
Q3 2023136

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 104 bought or addedQ4 22: 46 cut or sold outQ4 22Q1 23: 72 bought or addedQ1 23: 92 cut or sold outQ1 23Q2 23: 67 bought or addedQ2 23: 77 cut or sold outQ2 23Q3 23: 73 bought or addedQ3 23: 63 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 202210446
Q1 20237292
Q2 20236777
Q3 20237363

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ4 22 calls: $608.4kQ4 22 puts: $118.8kQ4 22P/C 0.20Q1 23 calls: $397.1kQ1 23 puts: $33.4kQ1 23P/C 0.08Q2 23 calls: $248.7kQ2 23 puts: $240.4kQ2 23P/C 0.97Q3 23 calls: $0Q3 23 puts: $2.0kQ3 23P/C —
Numbers
QuarterCallsPutsP/C
Q4 2022$608.4k$118.8k0.20
Q1 2023$397.1k$33.4k0.08
Q2 2023$248.7k$240.4k0.97
Q3 2023$0$2.0k—

Biggest buyers

JPMORGAN CHASE & CO Added +6,791,529+6.8m
LPL Financial LLC Added +711,763+711.8k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +359,042+359.0k
Composition Wealth, LLC Added +199,830+199.8k
MORGAN STANLEY Added +167,986+168.0k
OSAIC HOLDINGS, INC. Added +161,879+161.9k
Naviter Wealth, LLC Added +120,142+120.1k
Fermata Advisors, LLC Added +113,016+113.0k
Professional Financial Advisors, LLC New +101,886+101.9k
CoreCap Advisors, LLC Added +75,821+75.8k

Biggest sellers

TMD Wealth Management, LLC Sold out -253,323-253.3k
SMITH, MOORE & CO. Sold out -66,344-66.3k
IFP Advisors, Inc Reduced -62,993-63.0k
RENAISSANCE TECHNOLOGIES LLC Reduced -56,542-56.5k
MML INVESTORS SERVICES, LLC Reduced -50,466-50.5k
Ethos Financial Group, LLC Reduced -48,122-48.1k
Precision Wealth Strategies, LLC Sold out -39,935-39.9k
PREVAIL INNOVATIVE WEALTH ADVISORS, LLC Sold out -37,970-38.0k
Private Advisor Group, LLC Reduced -37,008-37.0k
Financial Advocates Investment Management Reduced -33,612-33.6k

Biggest calls

None

Biggest puts

SIMPLEX TRADING, LLC New $2.0k100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 7,074,2607.1m $204.4m $204.4m 0.02% Added +6.8m +6,791,529
2 Composition Wealth, LLC 2.16% of their portfolio LOS ANGELES, CA 2,425,5132.4m $70.1m $70.1m 2.16% Added +199.8k +199,830
3 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,317,1481.3m $38.1m $38.1m 0.02% Added +57.4k +57,379
4 Naviter Wealth, LLC 7.41% of their portfolio LITTLE ROCK, AR 1,062,7041.1m $30.7m $30.7m 7.41% Added +120.1k +120,142
5 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,039,8281.0m $30.1m $30.1m 0.02% Added +711.8k +711,763
6 Goldstein Advisors, LLC 4.89% of their portfolio Madison, WI 809,868809.9k $23.4m $23.4m 4.89% Added +53.9k +53,861
7 Litman Gregory Wealth Management LLC 2.39% of their portfolio LARKSPUR, CA 800,369800.4k $23.1m $23.1m 2.39% Added +16.9k +16,863
8 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 784,436784.4k $22.7m $22.7m 0.03% Added +359.0k +359,042
9 Valmark Advisers, Inc. 0.45% of their portfolio AKRON, OH 757,184757.2k $21.9m $21.9m 0.45% Added +21.6k +21,612
10 OneDigital Investment Advisors LLC 0.44% of their portfolio OVERLAND PARK, KS 704,838704.8k $20.4m $20.4m 0.44% Added +56.1k +56,081
11 ALM First Financial Advisors, LLC 2.74% of their portfolio DALLAS, TX 540,000540.0k $15.6m $15.6m 2.74% Unchanged
12 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 5.97% of their portfolio EAGLE, ID 513,387513.4k $14.8m $14.8m 5.97% Added +36.0k +35,962
13 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 482,776482.8k $14.0m $14.0m 0.02% Added +161.9k +161,879
14 Ethos Financial Group, LLC 2.33% of their portfolio KING OF PRUSSIA, PA 311,647311.6k $9.0m $9.0m 2.33% Reduced -48.1k -48,122
15 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 299,888299.9k $8.7m $8.7m 0.00% Added +168.0k +167,986
16 Innova Wealth Partners 7.71% of their portfolio NEWTOWN, PA 296,827296.8k $8.6m $8.6m 7.71% Added +71.6k +71,620
17 SAGE PRIVATE WEALTH GROUP, LLC 11.19% of their portfolio OAKBROOK TERRACE, IL 281,027281.0k $8.1m $8.1m 11.19% Added +27.8k +27,765
18 CWM, LLC 0.05% of their portfolio OMAHA, NE 267,683267.7k $7.7m $7.7m 0.05% Added +10.5k +10,489
19 Savant Capital, LLC 0.10% of their portfolio ROCKFORD, IL 230,576230.6k $6.7m $6.7m 0.10% Added +71.9k +71,883
20 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 213,767213.8k $6.2m $6.2m 0.03% Added +4.5k +4,468
21 Leelyn Smith, LLC 1.51% of their portfolio GENEVA, IL 213,499213.5k $6.2m $6.2m 1.51% Reduced -14.4k -14,436
22 Empire Financial Management Company, LLC 2.62% of their portfolio NEW YORK, NY 207,752207.8k $6.0m $6.0m 2.62% Reduced -3.5k -3,531
23 FWG Holdings, LLC 4.00% of their portfolio WINTER PARK, FL 205,831205.8k $6.0m $6.0m 4.00% Added +3.6k +3,579
24 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 202,466202.5k $5.9m $5.9m 0.01% Added +2.0k +2,039
25 Frontier Asset Management, LLC 2.60% of their portfolio SHERIDAN, WY 198,518198.5k $5.7m $5.7m 2.60% Reduced -7.8k -7,784
26 CoreCap Advisors, LLC 0.37% of their portfolio SOUTHFIELD, MI 176,304176.3k $5.1m $5.1m 0.37% Added +75.8k +75,821
27 CSS LLC/IL 0.38% of their portfolio CHICAGO, IL 156,141156.1k $4.5m $4.5m 0.38% Reduced -28.0k -28,000
28 E&G Advisors, LLC 1.61% of their portfolio HOUSTON, TX 152,770152.8k $4.4m $4.4m 1.61% Reduced -1.8k -1,810
29 Cetera Advisor Networks LLC 0.03% of their portfolio EL SEGUNDO, CA 140,491140.5k $4.1m $4.1m 0.03% Added +11.2k +11,234
30 Fermata Advisors, LLC 1.09% of their portfolio SONOMA, CA 133,371133.4k $3.9m $3.9m 1.09% Added +113.0k +113,016
31 Cambria Investment Management, L.P. 0.31% of their portfolio Manhattan Beach, CA 132,225132.2k $3.8m $3.8m 0.31% Reduced -25.4k -25,366
32 Advisory Services Network, LLC 0.10% of their portfolio ATLANTA, GA 130,156130.2k $3.8m $3.8m 0.10% Reduced -7.7k -7,687
33 PFG Advisors 0.33% of their portfolio Phoenix, AZ 127,793127.8k $3.7m $3.7m 0.33% Reduced -7.7k -7,725
34 Sowell Financial Services LLC 0.20% of their portfolio NORTH LITTLE ROCK, AR 110,567110.6k $3.2m $3.2m 0.20% Added +14.1k +14,136
35 R. W. Roge & Company, Inc. 2.22% of their portfolio BOHEMIA, NY 103,067103.1k $3.0m $3.0m 2.22% Reduced -31.5k -31,465
36 Professional Financial Advisors, LLC 1.33% of their portfolio NORTH PLATTE, NE 101,886101.9k $2.9m $2.9m 1.33% New
37 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 91,06491.1k $2.6m $2.6m 0.01% Added +46 +46
38 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 90,17490.2k $2.6m $2.6m 0.04% Reduced -27.6k -27,638
39 Executive Wealth Management, LLC 0.24% of their portfolio BRIGHTON, MI 81,48081.5k $2.4m $2.4m 0.24% Reduced -8.7k -8,668
40 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 78,07578.1k $2.3m $2.3m 0.01% Reduced -50.5k -50,466
41 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 70,30470.3k $2.0m $2.0m 0.01% Added +706 +706
42 Austin Wealth Management, LLC 0.60% of their portfolio Austin, TX 69,91369.9k $1.9m $1.9m 0.60% First filing
43 IFP Advisors, Inc 0.09% of their portfolio TAMPA, FL 68,34768.3k $2.0m $2.0m 0.09% Reduced -63.0k -62,993
44 Midwest Financial Group LLC 1.50% of their portfolio Overland Park, KS 61,47061.5k $1.8m $1.8m 1.50% Added +1.8k +1,846
45 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 59,15859.2k $1.7m $1.7m 0.00% Reduced -56.5k -56,542
46 Financial Advocates Investment Management 0.12% of their portfolio OLYMPIA, WA 55,33955.3k $1.6m $1.6m 0.12% Reduced -33.6k -33,612
47 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 53,71953.7k $1.6m $1.6m 0.00% Reduced -1.2k -1,210
48 Trek Financial, LLC 0.13% of their portfolio Scottsdale, AZ 50,01150.0k $1.4m $1.4m 0.13% Added +35.7k +35,651
49 Worth Asset Management, LLC 1.14% of their portfolio DALLAS, TX 48,86948.9k $1.4m $1.4m 1.14% Added +48.8k +48,809
50 Dynamic Advisor Solutions LLC 0.07% of their portfolio PHOENIX, AZ 47,73847.7k $1.4m $1.4m 0.07% Added +25.5k +25,467
51 RHS Financial, LLC 0.92% of their portfolio SAN FRANCISCO, CA 45,70945.7k $1.3m $1.3m 0.92% Added +1.2k +1,226
52 Sterneck Capital Management, LLC 0.88% of their portfolio KANSAS CITY, MO 45,47045.5k $1.3m $1.3m 0.88% Reduced -645 -645
53 Mariner, LLC 0.00% of their portfolio Overland Park, KS 44,26144.3k $1.3m $1.3m 0.00% Added +8.7k +8,703
54 Perigon Wealth Management, LLC 0.05% of their portfolio SAN FRANCISCO, CA 44,20144.2k $1.3m $1.3m 0.05% Added +1.9k +1,904
55 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 44,12244.1k $1.3m $1.3m 0.02% Added +1.6k +1,562
56 Orion Portfolio Solutions, LLC 0.02% of their portfolio Omaha, NE 44,12244.1k $1.3m $1.3m 0.02% Added +1.6k +1,562
57 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 41,30141.3k $1.2m $1.2m 0.01% Reduced -9.2k -9,182
58 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 39,92939.9k $1.2m $1.2m 0.01% Reduced -37.0k -37,008
59 LWS Wealth Advisors, Inc. 0.50% of their portfolio BASKING RIDGE, NJ 39,41739.4k $1.1m $1.1m 0.50% New
60 Trilogy Capital Inc. 0.07% of their portfolio IRVINE, CA 33,28833.3k $962.0k $962.0k 0.07% Reduced -11.4k -11,432
61 First Heartland Consultants, Inc. 0.12% of their portfolio LAKE ST. LOUIS, MO 32,98433.0k $953.0k $953.0k 0.12% Added +1.2k +1,185
62 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 28,58028.6k $826.0k $826.0k 0.01% Added +1.4k +1,448
63 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 27,05927.1k $782.0k $782.0k 0.00% Added +17.7k +17,691
64 LAKE STREET PRIVATE WEALTH, LLC 0.14% of their portfolio CHICAGO, IL 26,56926.6k $767.8k $767.8k 0.14% Unchanged
65 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 26,54326.5k $767.1k $767.1k 0.00% Added +5.3k +5,296
66 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 26,22226.2k $757.8k $757.8k 0.00% Added +614 +614
67 Virtue Capital Management, LLC 0.12% of their portfolio BRENTWOOD, TN 26,13726.1k $723.5k $723.5k 0.12% Unchanged
68 Canal Capital Management, LLC 0.15% of their portfolio Richmond, VA 25,80525.8k $745.8k $745.8k 0.15% Reduced -5.9k -5,867
69 Jaffetilchin Investment Partners, LLC 0.08% of their portfolio TAMPA, FL 24,65624.7k $712.6k $712.6k 0.08% Added +6.3k +6,285
70 Ausdal Financial Partners, Inc. 0.09% of their portfolio Davenport, IA 22,78622.8k $658.5k $658.5k 0.09% Added +1.9k +1,933
71 AlphaQ Advisors LLC 0.57% of their portfolio Winter Park, FL 22,46622.5k $649.3k $649.3k 0.57% Reduced -3.6k -3,646
72 Verum Partners LLC 0.29% of their portfolio CHARLOTTE, NC 22,32922.3k $645.3k $645.3k 0.29% Added +1.0k +1,033
73 Visionary Wealth Advisors 0.05% of their portfolio O'FALLON, IL 22,21122.2k $641.9k $641.9k 0.05% Added +7.1k +7,086
74 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 22,07022.1k $637.8k $637.8k 0.01% Reduced -6.6k -6,575
75 ORG Partners LLC 0.19% of their portfolio ROANOKE, IN 22,06822.1k $637.8k $637.8k 0.19% Added +18.3k +18,334
76 J2 Capital Management Inc 0.80% of their portfolio TROY, MI 21,87121.9k $632.1k $632.1k 0.80% Reduced -1.5k -1,544
77 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 21,45021.4k $619.9k $619.9k 0.01% Added +1.4k +1,400
78 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 21,22221.2k $613.3k $613.3k 0.00% Added +13.1k +13,139
79 Gallagher Fiduciary Advisors, LLC 0.05% of their portfolio ROLLING MEADOWS, IL 21,13221.1k $610.7k $610.7k 0.05% Added +3.2k +3,239
80 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 20,16120.2k $582.6k $582.6k 0.00% New
81 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 20,04820.0k $574.4k $574.4k 0.00% Added +3.8k +3,839
82 JANICZEK WEALTH MANAGEMENT, LLC 0.15% of their portfolio DENVER, CO 19,72519.7k $570.1k $570.1k 0.15% Added +1.2k +1,182
83 Retirement Group, LLC 0.23% of their portfolio SAN DIEGO, CA 19,40019.4k $560.7k $560.7k 0.23% Added +2.7k +2,700
84 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 19,00819.0k $549.3k $549.3k 0.01% Reduced -30.2k -30,175
85 Meridian Wealth Management, LLC 0.03% of their portfolio LEXINGTON, KY 17,45517.5k $504.4k $504.4k 0.03% Reduced -14.9k -14,852
86 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 17,09217.1k $494.0k $494.0k 0.00% Reduced -8.0k -8,000
87 RETIREMENT FINANCIAL SOLUTIONS, LLC 0.32% of their portfolio KNOXVILLE, TN 16,65916.7k $481.4k $481.4k 0.32% New
88 WEDBUSH SECURITIES INC 0.02% of their portfolio PASADENA, CA 15,37415.4k $444.0k $444.0k 0.02% Unchanged
89 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 14,96715.0k $432.5k $432.5k 0.01% Reduced -1.2k -1,216
90 RFG Advisory, LLC 0.02% of their portfolio BIRMINGHAM, AL 14,34914.3k $414.7k $414.7k 0.02% New
91 CreativeOne Wealth, LLC 0.03% of their portfolio OVERLAND PARK, KS 13,80213.8k $399.0k $399.0k 0.03% Reduced -15.6k -15,599
92 STAPP WEALTH MANAGEMENT, PLLC 0.76% of their portfolio OLYMPIA, WA 13,62213.6k $393.7k $393.7k 0.76% Added +1.5k +1,484
93 Freedom Investment Management, Inc. 0.04% of their portfolio SOUTH WINDSOR, CT 12,16312.2k $351.5k $351.5k 0.04% Reduced -2.2k -2,192
94 Integrated Advisors Network LLC 0.02% of their portfolio DALLAS, TX 12,00112.0k $346.8k $346.8k 0.02% Reduced -6.0k -5,953
95 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 11,71811.7k $338.6k $338.6k 0.00% Reduced -5.7k -5,675
96 HHM Wealth Advisors, LLC 0.07% of their portfolio CHATTANOOGA, TN 11,66911.7k $337.2k $337.2k 0.07% Unchanged
97 Burt Wealth Advisors 0.10% of their portfolio North Bethesda, MD 11,09411.1k $320.6k $320.6k 0.10% New
98 MGO ONE SEVEN LLC 0.02% of their portfolio Beachwood, OH 10,70510.7k $309.4k $309.4k 0.02% New
99 LINCOLN NATIONAL CORP 0.01% of their portfolio RADNOR, PA 10,69510.7k $309.1k $309.1k 0.01% Reduced -120 -120
100 EverSource Wealth Advisors, LLC 0.03% of their portfolio BIRMINGHAM, AL 10,57910.6k $305.7k $305.7k 0.03% Reduced -591 -591