Vault-13

LITMAN GREGORY FDS TR DBMF

IMGP DBI MANAGED · ETP · CUSIP 53700T827

140 institutional holders +9 vs Q4 2023
29,570,99229.6m shares reported held*
$848.6mreported value*
27 new 61 added 44 reduced 18 sold out net bought ≈ $311.8m (+10.9m 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 ≈ $28.70. Options: 1 managers hold calls ($344.2k notional), 3 hold puts ($297.8k).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 101Q4 22: 153Q1 23: 138Q2 23: 137Q3 23: 136Q4 23: 131Q1 24: 140140Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022101
Q4 2022153
Q1 2023138
Q2 2023137
Q3 2023136
Q4 2023131
Q1 2024140

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 23Q4 23: 65 bought or addedQ4 23: 79 cut or sold outQ4 23Q1 24: 88 bought or addedQ1 24: 62 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 202210446
Q1 20237292
Q2 20236777
Q3 20237363
Q4 20236579
Q1 20248862

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ2 23 calls: $248.7kQ2 23 puts: $240.4kQ2 23P/C 0.97Q3 23 calls: $0Q3 23 puts: $2.0kQ3 23P/C —Q4 23 calls: $0Q4 23 puts: $0Q4 23P/C —Q1 24 calls: $344.2kQ1 24 puts: $297.8kQ1 24P/C 0.87
Numbers
QuarterCallsPutsP/C
Q2 2023$248.7k$240.4k0.97
Q3 2023$0$2.0k—
Q4 2023$0$0—
Q1 2024$344.2k$297.8k0.87

Biggest buyers

JPMORGAN CHASE & CO Added +6,821,524+6.8m
ENVESTNET ASSET MANAGEMENT INC Added +1,287,966+1.3m
Naviter Wealth, LLC Added +1,252,680+1.3m
Family Investment Center, Inc. Added +503,741+503.7k
MORGAN STANLEY Added +464,978+465.0k
Cardinal Point Capital Management ULC Added +446,290+446.3k
SUMMIT WEALTH & RETIREMENT PLANNING, INC. Added +294,550+294.6k
Frontier Asset Management, LLC Added +278,119+278.1k
CWM, LLC Added +170,297+170.3k
New York Life Investment Management LLC New +168,003+168.0k

Biggest sellers

JANE STREET GROUP, LLC Sold out -885,304-885.3k
Cetera Advisor Networks LLC Sold out -187,403-187.4k
AE Wealth Management LLC Sold out -154,753-154.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -140,387-140.4k
OSAIC HOLDINGS, INC. Reduced -94,641-94.6k
FLOW TRADERS U.S. LLC Sold out -89,389-89.4k
Executive Wealth Management, LLC Sold out -67,492-67.5k
Canal Capital Management, LLC Reduced -61,308-61.3k
RENAISSANCE TECHNOLOGIES LLC Sold out -56,738-56.7k
Raymond James Financial Services Advisors, Inc. Reduced -49,196-49.2k

Biggest calls

CITADEL ADVISORS LLC New $344.2k12.0k shares

Biggest puts

CITADEL ADVISORS LLC New $286.8k10.0k shares
SIMPLEX TRADING, LLC New $11.0k400 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 7,424,7787.4m $212.9m $212.9m 0.01% Added +6.8m +6,821,524
2 Composition Wealth, LLC 1.61% of their portfolio LOS ANGELES, CA 2,225,7032.2m $63.8m $63.8m 1.61% Reduced -25.3k -25,323
3 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,785,3411.8m $51.2m $51.2m 0.02% Added +1.3m +1,287,966
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,612,8121.6m $46.3m $46.3m 0.00% Added +465.0k +464,978
5 Naviter Wealth, LLC 7.11% of their portfolio LITTLE ROCK, AR 1,514,8861.5m $43.4m $43.4m 7.11% Added +1.3m +1,252,680
6 CWM, LLC 0.17% of their portfolio OMAHA, NE 1,209,5021.2m $34.7m $34.7m 0.17% Added +170.3k +170,297
7 Goldstein Advisors, LLC 4.74% of their portfolio Madison, WI 967,622967.6k $27.8m $27.8m 4.74% Added +87.4k +87,360
8 Cardinal Point Capital Management ULC 5.11% of their portfolio TORONTO, A6 935,980936.0k $26.8m $26.8m 5.11% Added +446.3k +446,290
9 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 915,889915.9k $26.3m $26.3m 0.03% Added +3.2k +3,250
10 Valmark Advisers, Inc. 0.40% of their portfolio AKRON, OH 810,420810.4k $23.2m $23.2m 0.40% Added +32.7k +32,703
11 Litman Gregory Wealth Management LLC 2.02% of their portfolio LARKSPUR, CA 777,024777.0k $22.3m $22.3m 2.02% Reduced -10.6k -10,595
12 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 6.33% of their portfolio EAGLE, ID 618,956619.0k $17.8m $17.8m 6.33% Added +294.6k +294,550
13 ALM First Financial Advisors, LLC 2.51% of their portfolio DALLAS, TX 540,000540.0k $15.5m $15.5m 2.51% Unchanged
14 Family Investment Center, Inc. 4.74% of their portfolio Saint Joseph, MO 512,931512.9k $14.7m $14.7m 4.74% Added +503.7k +503,741
15 OneDigital Investment Advisors LLC 0.20% of their portfolio OVERLAND PARK, KS 437,198437.2k $12.5m $12.5m 0.20% Reduced -24.2k -24,217
16 Frontier Asset Management, LLC 4.52% of their portfolio SHERIDAN, WY 428,539428.5k $12.3m $12.3m 4.52% Added +278.1k +278,119
17 SAGE PRIVATE WEALTH GROUP, LLC 8.19% of their portfolio OAKBROOK TERRACE, IL 356,194356.2k $10.2m $10.2m 8.19% Added +88.5k +88,481
18 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 325,480325.5k $9.3m $9.3m 0.02% Reduced -94.6k -94,641
19 Savant Capital, LLC 0.10% of their portfolio ROCKFORD, IL 298,561298.6k $8.6m $8.6m 0.10% Added +62.5k +62,532
20 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 296,228296.2k $8.5m $8.5m 0.00% Added +57.0k +57,006
21 FWG Holdings, LLC 3.80% of their portfolio WINTER PARK, FL 239,305239.3k $7.1m $7.1m 3.80% Added +5.2k +5,157
22 Austin Wealth Management, LLC 1.66% of their portfolio Austin, TX 225,227225.2k $6.7m $6.7m 1.66% Added +32.1k +32,132
23 Empire Financial Management Company, LLC 2.07% of their portfolio NEW YORK, NY 218,250218.2k $6.3m $6.3m 2.07% Added +10.3k +10,291
24 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 215,106215.1k $6.2m $6.2m 0.01% Added +15.3k +15,301
25 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 212,054212.1k $6.1m $6.1m 0.02% Reduced -6.0k -6,013
26 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 186,587186.6k $5.4m $5.4m 0.01% Reduced -49.2k -49,196
27 Leelyn Smith, LLC 1.06% of their portfolio GENEVA, IL 184,763184.8k $5.3m $5.3m 1.06% Reduced -9.7k -9,723
28 New York Life Investment Management LLC 0.05% of their portfolio New York, NY 168,003168.0k $4.8m $4.8m 0.05% New
29 Sound Financial Strategies Group, LLC 3.99% of their portfolio MADISON, MS 167,379167.4k $4.8m $4.8m 3.99% Added +11 +11
30 Avestar Capital, LLC 0.55% of their portfolio New York, NY 166,524166.5k $4.8m $4.8m 0.55% New
31 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 152,623152.6k $4.4m $4.4m 0.01% Added +103.7k +103,652
32 CoreCap Advisors, LLC 0.23% of their portfolio SOUTHFIELD, MI 151,112151.1k $4.3m $4.3m 0.23% Added +39.5k +39,451
33 Professional Financial Advisors, LLC 1.18% of their portfolio NORTH PLATTE, NE 143,225143.2k $4.1m $4.1m 1.18% Added +33.4k +33,376
34 Innova Wealth Partners 3.02% of their portfolio NEWTOWN, PA 136,228136.2k $3.9m $3.9m 3.02% Added +93.7k +93,666
35 Verition Fund Management LLC 0.04% of their portfolio GREENWICH, CT 130,000130.0k $3.7m $3.7m 0.04% New
36 RedJay Asset Management Inc. 2.32% of their portfolio TORONTO, Z4 130,000130.0k $3.7m $3.7m 2.32% Added +30.0k +30,000
37 CSS LLC/IL 0.30% of their portfolio CHICAGO, IL 128,864128.9k $3.7m $3.7m 0.30% Reduced -5.0k -5,000
38 Cambria Investment Management, L.P. 0.21% of their portfolio Manhattan Beach, CA 121,906121.9k $3.5m $3.5m 0.21% Reduced -26.9k -26,866
39 Longview Financial Advisors, Inc. 2.61% of their portfolio HUNTSVILLE, AL 121,355121.4k $3.5m $3.5m 2.61% Added +11.5k +11,475
40 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 107,888107.9k $3.1m $3.1m 0.03% Added +10.3k +10,295
41 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 87,99988.0k $2.5m $2.5m 0.00% Added +3.3k +3,283
42 E&G Advisors, LLC 0.77% of their portfolio HOUSTON, TX 85,58785.6k $2.5m $2.5m 0.77% Reduced -275 -275
43 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 84,61284.6k $2.4m $2.4m 0.01% Added +23.7k +23,674
44 Fermata Advisors, LLC 0.54% of their portfolio SONOMA, CA 84,07084.1k $2.4m $2.4m 0.54% Reduced -26.9k -26,864
45 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 75,54875.5k $2.2m $2.2m 0.02% Added +24.5k +24,457
46 Sowell Financial Services LLC 0.10% of their portfolio NORTH LITTLE ROCK, AR 73,20673.2k $2.1m $2.1m 0.10% Reduced -33.5k -33,483
47 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 64,27764.3k $1.8m $1.8m 0.01% Reduced -5.3k -5,303
48 IFP Advisors, Inc 0.08% of their portfolio TAMPA, FL 63,89363.9k $1.8m $1.8m 0.08% Reduced -2.5k -2,510
49 Midwest Financial Group LLC 1.21% of their portfolio Overland Park, KS 62,82662.8k $1.8m $1.8m 1.21% Added +1.8k +1,798
50 Trajan Wealth LLC 0.12% of their portfolio SCOTTSDALE, AZ 61,28761.3k $1.8m $1.8m 0.12% First filing
51 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 60,83060.8k $1.7m $1.7m 0.01% Reduced -5.5k -5,519
52 Dynamic Advisor Solutions LLC 0.06% of their portfolio PHOENIX, AZ 58,46958.5k $1.7m $1.7m 0.06% Added +4.5k +4,488
53 Mariner, LLC 0.00% of their portfolio Overland Park, KS 51,17451.2k $1.5m $1.5m 0.00% Reduced -7 -7
54 RHS Financial, LLC 0.83% of their portfolio SAN FRANCISCO, CA 49,95750.0k $1.4m $1.4m 0.83% Added +4.5k +4,489
55 Sterneck Capital Management, LLC 0.81% of their portfolio KANSAS CITY, MO 47,42047.4k $1.4m $1.4m 0.81% Reduced -285 -285
56 MAI Capital Management 0.01% of their portfolio INDEPENDENCE, OH 45,11645.1k $1.3m $1.3m 0.01% New
57 THOR INVESTMENT MANAGEMENT INC /OH/ /ADV 0.97% of their portfolio CINCINNATI, OH 42,78142.8k $1.2m $1.2m 0.97% Reduced -4.7k -4,665
58 Perigon Wealth Management, LLC 0.04% of their portfolio SAN FRANCISCO, CA 42,53142.5k $1.2m $1.2m 0.04% Added +943 +943
59 WEDBUSH SECURITIES INC 0.04% of their portfolio PASADENA, CA 39,61639.6k $1.1m $1.1m 0.04% Added +25.4k +25,352
60 Twelve Points Wealth Management LLC 0.40% of their portfolio CONCORD, MA 37,67837.7k $1.1m $1.1m 0.40% Reduced -6.7k -6,667
61 Farther Finance Advisors, LLC 0.06% of their portfolio SAN FRANCISCO, CA 36,50236.5k $1.1m $1.1m 0.06% New
62 GeoWealth Management, LLC 0.04% of their portfolio CHICAGO, IL 35,91635.9k $1.0m $1.0m 0.04% Added +33.1k +33,091
63 Canal Capital Management, LLC 0.16% of their portfolio Richmond, VA 33,86233.9k $971.2k $971.2k 0.16% Reduced -61.3k -61,308
64 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 31,17931.2k $854.0k $854.0k 0.00% Added +5.2k +5,224
65 Virtue Capital Management, LLC 0.16% of their portfolio BRENTWOOD, TN 30,80530.8k $912.1k $912.1k 0.16% New
66 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 29,09629.1k $834.5k $834.5k 0.00% Reduced -17.6k -17,589
67 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 28,93928.9k $830.0k $830.0k 0.00% Added +2.0k +1,982
68 Visionary Wealth Advisors 0.05% of their portfolio O'FALLON, IL 28,20528.2k $808.9k $808.9k 0.05% Added +4.6k +4,610
69 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 26,80326.8k $768.7k $768.7k 0.02% Reduced -2.4k -2,350
70 City Center Advisors, LLC 0.87% of their portfolio TROY, MI 25,65925.7k $735.9k $735.9k 0.87% First filing
71 LAKE STREET PRIVATE WEALTH, LLC 0.10% of their portfolio CHICAGO, IL 25,54325.5k $732.6k $732.6k 0.10% Added +693 +693
72 Ancora Advisors LLC 0.02% of their portfolio Cleveland, OH 25,46325.5k $730.3k $730.3k 0.02% Unchanged
73 Trek Financial, LLC 0.06% of their portfolio Scottsdale, AZ 25,41625.4k $728.9k $728.9k 0.06% New
74 Ausdal Financial Partners, Inc. 0.08% of their portfolio Davenport, IA 25,03625.0k $718.0k $718.0k 0.08% Added +2.3k +2,300
75 TriaGen Wealth Management LLC 0.30% of their portfolio Calabasas, CA 24,96225.0k $715.9k $715.9k 0.30% New
76 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 24,50024.5k $702.7k $702.7k 0.01% Added +7.7k +7,728
77 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 24,50024.5k $702.7k $702.7k 0.01% Added +7.7k +7,728
78 NWAM LLC 0.06% of their portfolio MERCER ISLAND, WA 24,04824.0k $705.3k $705.3k 0.06% New
79 Arete Wealth Advisors, LLC 0.06% of their portfolio CHICAGO, IL 23,95824.0k $687.1k $687.1k 0.06% Added +16.0k +16,049
80 Cedar Brook Financial Partners, LLC 0.14% of their portfolio CLEVELAND, OH 23,88523.9k $685.0k $685.0k 0.14% Reduced -34.3k -34,287
81 JANICZEK WEALTH MANAGEMENT, LLC 0.14% of their portfolio DENVER, CO 23,08923.1k $662.2k $662.2k 0.14% Added +4.2k +4,226
82 Verum Partners LLC 0.22% of their portfolio CHARLOTTE, NC 21,66021.7k $621.2k $621.2k 0.22% Reduced -1.2k -1,246
83 Creekmur Asset Management LLC 0.21% of their portfolio MORTON, IL 21,44921.4k $615.2k $615.2k 0.21% Reduced -40.6k -40,564
84 RETIREMENT FINANCIAL SOLUTIONS, LLC 0.31% of their portfolio KNOXVILLE, TN 21,01521.0k $602.7k $602.7k 0.31% Reduced -3.1k -3,141
85 Strategic Blueprint, LLC 0.04% of their portfolio ATLANTA, GA 20,65620.7k $592.4k $592.4k 0.04% New
86 Gallagher Fiduciary Advisors, LLC 0.02% of their portfolio ROLLING MEADOWS, IL 20,57320.6k $590.0k $590.0k 0.02% Added +287 +287
87 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 20,21920.2k $579.9k $579.9k 0.00% Added +10.2k +10,214
88 Financial Advocates Investment Management 0.03% of their portfolio OLYMPIA, WA 19,33619.3k $554.6k $554.6k 0.03% Reduced -7.2k -7,243
89 Ethos Financial Group, LLC 0.10% of their portfolio KING OF PRUSSIA, PA 18,85118.9k $539.0k $539.0k 0.10% Reduced -3.6k -3,578
90 Integrated Advisors Network LLC 0.03% of their portfolio DALLAS, TX 17,68217.7k $507.1k $507.1k 0.03% Added +5.8k +5,805
91 Retirement Group, LLC 0.18% of their portfolio SAN DIEGO, CA 17,60017.6k $504.8k $504.8k 0.18% Reduced -3.0k -3,000
92 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 17,49017.5k $501.6k $501.6k 0.00% Added +5.3k +5,327
93 Worth Asset Management, LLC 0.30% of their portfolio DALLAS, TX 17,06717.1k $489.5k $489.5k 0.30% New
94 Trilogy Capital Inc. 0.03% of their portfolio IRVINE, CA 15,39815.4k $441.6k $441.6k 0.03% Reduced -18.1k -18,111
95 RAINEY & RANDALL WEALTH ADVISORS INC. 0.10% of their portfolio Celebration, FL 14,63814.6k $419.8k $419.8k 0.10% New
96 HHM Wealth Advisors, LLC 0.06% of their portfolio CHATTANOOGA, TN 13,26213.3k $380.4k $380.4k 0.06% New
97 Montis Financial, LLC 0.16% of their portfolio WALTHAM, MA 12,05112.1k $345.6k $345.6k 0.16% New
98 First Heartland Consultants, Inc. 0.04% of their portfolio LAKE ST. LOUIS, MO 11,78011.8k $338.0k $338.0k 0.04% Reduced -6.9k -6,921
99 VitalStone Financial, LLC 0.25% of their portfolio SHAVANO PARK, TX 11,38211.4k $326.0k $326.0k 0.25% New
100 MGO ONE SEVEN LLC 0.02% of their portfolio Beachwood, OH 11,18711.2k $320.8k $320.8k 0.02% Added +1.7k +1,653