Vault-13

LITMAN GREGORY FDS TR DBMF

IMGP DBI MANAGED · ETP · CUSIP 53700T827

156 institutional holders +16 vs Q1 2024
28,540,70128.5m shares reported held*
$857.7mreported value*
27 new 74 added 41 reduced 13 sold out net sold ≈ $32.8m (-1.1m 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. Holder counts are more reliable. Implied quarter-end price ≈ $30.05. Options: 1 managers hold calls ($57.1k notional), 3 hold puts ($192.4k).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 101Q4 22: 153Q1 23: 138Q2 23: 137Q3 23: 136Q4 23: 131Q1 24: 140Q2 24: 156156Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022101
Q4 2022153
Q1 2023138
Q2 2023137
Q3 2023136
Q4 2023131
Q1 2024140
Q2 2024156

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 outQ2 23: 67 bought or addedQ2 23: 77 cut or sold outQ2 23Q3 23: 73 bought or addedQ3 23: 63 cut or sold outQ4 23: 65 bought or addedQ4 23: 79 cut or sold outQ4 23Q1 24: 88 bought or addedQ1 24: 62 cut or sold outQ2 24: 101 bought or addedQ2 24: 54 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 202210446
Q1 20237292
Q2 20236777
Q3 20237363
Q4 20236579
Q1 20248862
Q2 202410154

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ3 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 0.87Q2 24 calls: $57.1kQ2 24 puts: $192.4kQ2 24P/C 3.37
Numbers
QuarterCallsPutsP/C
Q3 2023$0$2.0k—
Q4 2023$0$0—
Q1 2024$344.2k$297.8k0.87
Q2 2024$57.1k$192.4k3.37

Biggest buyers

Beacon Harbor Wealth Advisors, Inc. New +346,715+346.7k
LPL Financial LLC Added +242,590+242.6k
CWM, LLC Added +208,734+208.7k
Q3 Asset Management New +199,030+199.0k
STANSBERRY ASSET MANAGEMENT, LLC New +142,807+142.8k
Litman Gregory Wealth Management LLC Added +136,920+136.9k
New York Life Investment Management LLC Added +124,704+124.7k
Naviter Wealth, LLC Added +121,168+121.2k
ENVESTNET ASSET MANAGEMENT INC Added +109,823+109.8k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +90,123+90.1k

Biggest sellers

Composition Wealth, LLC Reduced -1,031,429-1.0m
MORGAN STANLEY Reduced -949,209-949.2k
JPMORGAN CHASE & CO Reduced -881,070-881.1k
OSAIC HOLDINGS, INC. Reduced -240,628-240.6k
Valmark Advisers, Inc. Reduced -210,136-210.1k
RedJay Asset Management Inc. Sold out -130,000-130.0k
Verition Fund Management LLC Sold out -130,000-130.0k
Cambria Investment Management, L.P. Sold out -121,906-121.9k
CoreCap Advisors, LLC Reduced -72,945-72.9k
Frontier Asset Management, LLC Reduced -32,259-32.3k

Biggest calls

CITADEL ADVISORS LLC Reduced $57.1k1.9k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $186.4k6.2k shares
SIMPLEX TRADING, LLC Reduced $6.0k200 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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 6,543,7086.5m $196.7m $196.7m 0.01% Reduced -881.1k -881,070
2 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,895,1641.9m $57.0m $57.0m 0.02% Added +109.8k +109,823
3 Naviter Wealth, LLC 7.34% of their portfolio LITTLE ROCK, AR 1,636,0541.6m $49.2m $49.2m 7.34% Added +121.2k +121,168
4 CWM, LLC 0.20% of their portfolio OMAHA, NE 1,418,2361.4m $42.6m $42.6m 0.20% Added +208.7k +208,734
5 Composition Wealth, LLC 0.88% of their portfolio LOS ANGELES, CA 1,194,2741.2m $35.9m $35.9m 0.88% Reduced -1.0m -1,031,429
6 Cardinal Point Capital Management ULC 5.27% of their portfolio TORONTO, A6 1,007,5261.0m $30.3m $30.3m 5.27% Added +71.5k +71,546
7 Goldstein Advisors, LLC 5.06% of their portfolio Madison, WI 1,006,0721.0m $30.2m $30.2m 5.06% Added +38.5k +38,450
8 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 1,006,0121.0m $30.2m $30.2m 0.03% Added +90.1k +90,123
9 Litman Gregory Wealth Management LLC 2.44% of their portfolio LARKSPUR, CA 913,944913.9k $27.5m $27.5m 2.44% Added +136.9k +136,920
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 663,603663.6k $19.9m $19.9m 0.00% Reduced -949.2k -949,209
11 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 6.58% of their portfolio EAGLE, ID 643,329643.3k $19.3m $19.3m 6.58% Added +24.4k +24,373
12 Valmark Advisers, Inc. 0.31% of their portfolio AKRON, OH 600,284600.3k $18.0m $18.0m 0.31% Reduced -210.1k -210,136
13 Family Investment Center, Inc. 5.07% of their portfolio Saint Joseph, MO 564,844564.8k $17.0m $17.0m 5.07% Added +51.9k +51,913
14 ALM First Financial Advisors, LLC 2.71% of their portfolio DALLAS, TX 540,000540.0k $16.2m $16.2m 2.71% Unchanged
15 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 538,818538.8k $16.2m $16.2m 0.01% Added +242.6k +242,590
16 OneDigital Investment Advisors LLC 0.16% of their portfolio OVERLAND PARK, KS 433,333433.3k $13.0m $13.0m 0.16% Reduced -3.9k -3,865
17 Frontier Asset Management, LLC 4.32% of their portfolio SHERIDAN, WY 396,280396.3k $11.9m $11.9m 4.32% Reduced -32.3k -32,259
18 SAGE PRIVATE WEALTH GROUP, LLC 9.47% of their portfolio OAKBROOK TERRACE, IL 374,412374.4k $11.3m $11.3m 9.47% Added +18.2k +18,218
19 Beacon Harbor Wealth Advisors, Inc. 2.71% of their portfolio VIRGINIA BEACH, VA 346,715346.7k $10.4m $10.4m 2.71% New
20 Savant Capital, LLC 0.09% of their portfolio ROCKFORD, IL 296,314296.3k $8.9m $8.9m 0.09% Reduced -2.2k -2,247
21 New York Life Investment Management LLC 0.09% of their portfolio New York, NY 292,707292.7k $8.8m $8.8m 0.09% Added +124.7k +124,704
22 FWG Holdings, LLC 3.81% of their portfolio WINTER PARK, FL 256,664256.7k $7.6m $7.6m 3.81% Added +17.4k +17,359
23 Austin Wealth Management, LLC 1.75% of their portfolio Austin, TX 247,261247.3k $7.5m $7.5m 1.75% Added +22.0k +22,034
24 Innova Wealth Partners 4.81% of their portfolio NEWTOWN, PA 223,631223.6k $6.7m $6.7m 4.81% Added +87.4k +87,403
25 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 217,543217.5k $6.5m $6.5m 0.01% Added +2.4k +2,437
26 Leelyn Smith, LLC 1.24% of their portfolio GENEVA, IL 214,268214.3k $6.4m $6.4m 1.24% Added +29.5k +29,505
27 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 211,978212.0k $6.4m $6.4m 0.02% Reduced -76 -76
28 Q3 Asset Management 1.33% of their portfolio BIRMINGHAM, MI 199,030199.0k $5.9m $5.9m 1.33% New
29 Empire Financial Management Company, LLC 1.95% of their portfolio NEW YORK, NY 196,457196.5k $5.9m $5.9m 1.95% Reduced -21.8k -21,793
30 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 189,593189.6k $5.7m $5.7m 0.01% Added +3.0k +3,006
31 Avestar Capital, LLC 0.61% of their portfolio New York, NY 183,020183.0k $5.5m $5.5m 0.61% Added +16.5k +16,496
32 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 162,537162.5k $4.9m $4.9m 0.01% Added +9.9k +9,914
33 Sound Financial Strategies Group, LLC 4.18% of their portfolio MADISON, MS 159,841159.8k $4.8m $4.8m 4.18% Reduced -7.5k -7,538
34 CSS LLC/IL 0.33% of their portfolio CHICAGO, IL 150,864150.9k $4.5m $4.5m 0.33% Added +22.0k +22,000
35 Professional Financial Advisors, LLC 1.20% of their portfolio NORTH PLATTE, NE 144,867144.9k $4.4m $4.4m 1.20% Added +1.6k +1,642
36 STANSBERRY ASSET MANAGEMENT, LLC 0.56% of their portfolio Westlake, TX 142,807142.8k $4.3m $4.3m 0.56% New
37 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 135,092135.1k $4.1m $4.1m 0.04% Added +27.2k +27,204
38 Longview Financial Advisors, Inc. 2.85% of their portfolio HUNTSVILLE, AL 124,520124.5k $3.7m $3.7m 2.85% Added +3.2k +3,165
39 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 101,597101.6k $3.1m $3.1m 0.02% Added +26.0k +26,049
40 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 100,199100.2k $3.0m $3.0m 0.00% Added +12.2k +12,200
41 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 92,79792.8k $2.8m $2.8m 0.01% Added +28.5k +28,520
42 E&G Advisors, LLC 0.80% of their portfolio HOUSTON, TX 90,44290.4k $2.7m $2.7m 0.80% Added +4.9k +4,855
43 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 89,96490.0k $2.7m $2.7m 0.01% Added +5.4k +5,352
44 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 84,85284.9k $2.6m $2.6m 0.01% Reduced -240.6k -240,628
45 Optivise Advisory Services LLC 1.29% of their portfolio FRANKLIN, TN 79,37279.4k $2.4m $2.4m 1.29% First filing
46 CoreCap Advisors, LLC 0.24% of their portfolio SOUTHFIELD, MI 78,16778.2k $2.3m $2.3m 0.24% Reduced -72.9k -72,945
47 Fermata Advisors, LLC 0.54% of their portfolio SONOMA, CA 78,03078.0k $2.3m $2.3m 0.54% Reduced -6.0k -6,040
48 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 75,46775.5k $2.3m $2.3m 0.01% Added +14.6k +14,637
49 Canal Capital Management, LLC 0.36% of their portfolio Richmond, VA 69,81569.8k $2.1m $2.1m 0.36% Added +36.0k +35,953
50 GeoWealth Management, LLC 0.09% of their portfolio CHICAGO, IL 68,99169.0k $2.1m $2.1m 0.09% Added +33.1k +33,075
51 FLOW TRADERS U.S. LLC 0.10% of their portfolio NEW YORK, NY 67,48867.5k $2.0m $2.0m 0.10% New
52 Sowell Financial Services LLC 0.10% of their portfolio NORTH LITTLE ROCK, AR 67,03467.0k $2.0m $2.0m 0.10% Reduced -6.2k -6,172
53 Dynamic Advisor Solutions LLC 0.06% of their portfolio PHOENIX, AZ 65,03765.0k $2.0m $2.0m 0.06% Added +6.6k +6,568
54 Midwest Financial Group LLC 1.22% of their portfolio Overland Park, KS 63,99164.0k $1.9m $1.9m 1.22% Added +1.2k +1,165
55 Integrated Advisors Network LLC 0.10% of their portfolio DALLAS, TX 62,76362.8k $1.9m $1.9m 0.10% Added +45.1k +45,081
56 IFP Advisors, Inc 0.07% of their portfolio TAMPA, FL 61,79461.8k $1.9m $1.9m 0.07% Reduced -2.1k -2,099
57 Mariner, LLC 0.00% of their portfolio Overland Park, KS 51,08051.1k $1.5m $1.5m 0.00% Reduced -94 -94
58 RHS Financial, LLC 0.90% of their portfolio SAN FRANCISCO, CA 49,20249.2k $1.5m $1.5m 0.90% Reduced -755 -755
59 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 47,97648.0k $1.4m $1.4m 0.00% New
60 Sterneck Capital Management, LLC 0.81% of their portfolio KANSAS CITY, MO 47,78747.8k $1.4m $1.4m 0.81% Added +367 +367
61 Trajan Wealth LLC 0.09% of their portfolio SCOTTSDALE, AZ 45,01345.0k $1.4m $1.4m 0.09% Reduced -16.3k -16,274
62 WEDBUSH SECURITIES INC 0.05% of their portfolio PASADENA, CA 44,40344.4k $1.3m $1.3m 0.05% Added +4.8k +4,787
63 TriaGen Wealth Management LLC 0.51% of their portfolio Calabasas, CA 43,71043.7k $1.3m $1.3m 0.51% Added +18.7k +18,748
64 THOR INVESTMENT MANAGEMENT INC /OH/ /ADV 1.01% of their portfolio CINCINNATI, OH 42,85042.9k $1.3m $1.3m 1.01% Added +69 +69
65 MAI Capital Management 0.01% of their portfolio INDEPENDENCE, OH 40,85540.9k $1.2m $1.2m 0.01% Reduced -4.3k -4,261
66 Twelve Points Wealth Management LLC 0.43% of their portfolio CONCORD, MA 40,37840.4k $1.2m $1.2m 0.43% Added +2.7k +2,700
67 Visionary Wealth Advisors 0.08% of their portfolio O'FALLON, IL 39,72639.7k $1.2m $1.2m 0.08% Added +11.5k +11,521
68 Perigon Wealth Management, LLC 0.03% of their portfolio SAN FRANCISCO, CA 39,53039.5k $1.2m $1.2m 0.03% Reduced -3.0k -3,001
69 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 36,71836.7k $1.1m $1.1m 0.00% Added +7.6k +7,622
70 Farther Finance Advisors, LLC 0.05% of their portfolio SAN FRANCISCO, CA 36,62636.6k $1.1m $1.1m 0.05% Added +124 +124
71 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 35,01635.0k $990.4k $990.4k 0.00% Added +3.8k +3,837
72 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 34,95235.0k $1.1m $1.1m 0.00% Added +30.2k +30,175
73 Meridian Wealth Management, LLC 0.11% of their portfolio LEXINGTON, KY 31,69031.7k $952.6k $952.6k 0.11% New
74 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 31,33431.3k $941.9k $941.9k 0.02% Added +4.5k +4,531
75 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 30,38630.4k $913.4k $913.4k 0.00% Added +1.4k +1,447
76 Virtue Capital Management, LLC 0.15% of their portfolio BRENTWOOD, TN 29,78729.8k $880.8k $880.8k 0.15% Reduced -1.0k -1,018
77 RFG Advisory, LLC 0.03% of their portfolio BIRMINGHAM, AL 29,72429.7k $893.5k $893.5k 0.03% New
78 WEST MICHIGAN ADVISORS, LLC 0.27% of their portfolio HOLLAND, MI 27,75127.8k $834.2k $834.2k 0.27% New
79 ORG Partners LLC 0.10% of their portfolio ROANOKE, IN 27,55427.6k $839.3k $839.3k 0.10% New
80 Relative Value Partners Group, LLC 0.10% of their portfolio NORTHBROOK, IL 26,33026.3k $791.5k $791.5k 0.10% New
81 LAKE STREET PRIVATE WEALTH, LLC 0.10% of their portfolio CHICAGO, IL 26,33026.3k $791.5k $791.5k 0.10% Added +787 +787
82 City Center Advisors, LLC 0.87% of their portfolio TROY, MI 25,65925.7k $735.9k $735.9k 0.87% Unchanged
83 Ancora Advisors LLC 0.02% of their portfolio Cleveland, OH 25,18825.2k $757.2k $757.2k 0.02% Reduced -275 -275
84 Ausdal Financial Partners, Inc. 0.08% of their portfolio Davenport, IA 25,00125.0k $751.5k $751.5k 0.08% Reduced -35 -35
85 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.02% of their portfolio LOS ANGELES, CA 24,49724.5k $736.4k $736.4k 0.02% New
86 RETIREMENT FINANCIAL SOLUTIONS, LLC 0.35% of their portfolio KNOXVILLE, TN 24,47224.5k $735.6k $735.6k 0.35% Added +3.5k +3,457
87 JANICZEK WEALTH MANAGEMENT, LLC 0.15% of their portfolio DENVER, CO 23,91823.9k $719.0k $719.0k 0.15% Added +829 +829
88 VitalStone Financial, LLC 0.52% of their portfolio SHAVANO PARK, TX 23,91823.9k $719.0k $719.0k 0.52% Added +12.5k +12,536
89 Bank Julius Baer & Co. Ltd, Zurich 0.00% of their portfolio ZURICH, V8 23,40823.4k $783.1k $783.1k 0.00% New
90 Arete Wealth Advisors, LLC 0.05% of their portfolio CHICAGO, IL 21,86121.9k $657.0k $657.0k 0.05% Reduced -2.1k -2,097
91 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 21,80521.8k $655.5k $655.5k 0.01% Reduced -2.7k -2,695
92 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 21,80521.8k $655.5k $655.5k 0.01% Reduced -2.7k -2,695
93 Worth Asset Management, LLC 0.39% of their portfolio DALLAS, TX 21,71621.7k $652.8k $652.8k 0.39% Added +4.6k +4,649
94 Strategic Blueprint, LLC 0.04% of their portfolio ATLANTA, GA 20,73920.7k $623.4k $623.4k 0.04% Added +83 +83
95 Gallagher Fiduciary Advisors, LLC 0.14% of their portfolio ROLLING MEADOWS, IL 20,60020.6k $619.2k $619.2k 0.14% Added +27 +27
96 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 19,78619.8k $594.8k $594.8k 0.00% Added +2.3k +2,296
97 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 19,03819.0k $572.3k $572.3k 0.00% Reduced -1.2k -1,181
98 RAINEY & RANDALL WEALTH ADVISORS INC. 0.13% of their portfolio Celebration, FL 18,73118.7k $563.1k $563.1k 0.13% Added +4.1k +4,093
99 Financial Advocates Investment Management 0.03% of their portfolio OLYMPIA, WA 17,96018.0k $539.9k $539.9k 0.03% Reduced -1.4k -1,376
100 Ethos Financial Group, LLC 0.09% of their portfolio KING OF PRUSSIA, PA 17,66217.7k $529.0k $529.0k 0.09% Reduced -1.2k -1,189