Vault-13

LITMAN GREGORY FDS TR DBMF

IMGP DBI MANAGED · ETP · CUSIP 53700T827

191 institutional holders +33 vs Q3 2024
36,289,20136.3m shares reported held*
$952.2mreported value*
37 new 75 added 52 reduced 15 sold out net bought ≈ $307.3m (+11.7m 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 ($415.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $26.24. Options: 1 managers hold calls ($107.3k notional), 1 hold puts ($20.9k).

Trends to Q4 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: 156Q3 24: 158Q4 24: 191191Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022101
Q4 2022153
Q1 2023138
Q2 2023137
Q3 2023136
Q4 2023131
Q1 2024140
Q2 2024156
Q3 2024158
Q4 2024191

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 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 24Q3 24: 93 bought or addedQ3 24: 70 cut or sold outQ4 24: 112 bought or addedQ4 24: 67 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 20237292
Q2 20236777
Q3 20237363
Q4 20236579
Q1 20248862
Q2 202410154
Q3 20249370
Q4 202411267

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ1 24 calls: $344.2kQ1 24 puts: $297.8kQ1 24P/C 0.87Q2 24 calls: $57.1kQ2 24 puts: $192.4kQ2 24P/C 3.37Q3 24 calls: $0Q3 24 puts: $14.0kQ3 24P/C —Q4 24 calls: $107.3kQ4 24 puts: $20.9kQ4 24P/C 0.20
Numbers
QuarterCallsPutsP/C
Q1 2024$344.2k$297.8k0.87
Q2 2024$57.1k$192.4k3.37
Q3 2024$0$14.0k—
Q4 2024$107.3k$20.9k0.20

Biggest buyers

JPMORGAN CHASE & CO Added +4,931,920+4.9m
ROYAL BANK OF CANADA Added +1,273,302+1.3m
Parcion Private Wealth LLC New +1,216,261+1.2m
MORGAN STANLEY Added +856,376+856.4k
WELLS FARGO & COMPANY/MN New +680,216+680.2k
Litman Gregory Wealth Management LLC Added +498,845+498.8k
CWM, LLC Added +437,937+437.9k
COMMONWEALTH EQUITY SERVICES, LLC Added +336,869+336.9k
Astor Investment Management LLC New +311,921+311.9k
RAINEY & RANDALL WEALTH ADVISORS INC. Added +288,680+288.7k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -649,485-649.5k
Composition Wealth, LLC Sold out -210,019-210.0k
SUMMIT WEALTH & RETIREMENT PLANNING, INC. Reduced -112,590-112.6k
Sowell Financial Services LLC Sold out -79,519-79.5k
Frontier Asset Management, LLC Reduced -79,457-79.5k
Goldstein Advisors, LLC Reduced -66,904-66.9k
Valmark Advisers, Inc. Reduced -50,609-50.6k
Rockefeller Capital Management L.P. Reduced -50,510-50.5k
RENAISSANCE TECHNOLOGIES LLC Reduced -48,400-48.4k
Mariner, LLC Reduced -43,255-43.3k

Biggest calls

CITADEL ADVISORS LLC New $107.3k4.1k shares

Biggest puts

CITADEL ADVISORS LLC New $20.9k800 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, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 5,669,1405.7m $148.3m $148.3m 0.01% Added +4.9m +4,931,920
2 CWM, LLC 0.27% of their portfolio OMAHA, NE 2,466,5702.5m $64.5m $64.5m 0.27% Added +437.9k +437,937
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,002,9712.0m $52.4m $52.4m 0.00% Added +856.4k +856,376
4 Naviter Wealth, LLC 5.86% of their portfolio LITTLE ROCK, AR 1,857,2421.9m $48.6m $48.6m 5.86% Added +172.7k +172,742
5 Litman Gregory Wealth Management LLC 3.37% of their portfolio LARKSPUR, CA 1,484,9321.5m $38.8m $38.8m 3.37% Added +498.8k +498,845
6 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 1,335,3061.3m $34.9m $34.9m 0.03% Added +4.5k +4,527
7 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,319,8981.3m $34.5m $34.5m 0.01% Added +1.3m +1,273,302
8 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 1,315,2921.3m $34.4m $34.4m 0.01% Reduced -649.5k -649,485
9 Parcion Private Wealth LLC 2.43% of their portfolio BELLEVUE, WA 1,216,2611.2m $31.8m $31.8m 2.43% New
10 Cardinal Point Capital Management ULC 4.42% of their portfolio TORONTO, A6 1,063,2561.1m $27.8m $27.8m 4.42% Added +25.4k +25,421
11 Goldstein Advisors, LLC 3.69% of their portfolio Madison, WI 970,957971.0k $25.4m $25.4m 3.69% Reduced -66.9k -66,904
12 OneDigital Investment Advisors LLC 0.22% of their portfolio OVERLAND PARK, KS 727,030727.0k $19.0m $19.0m 0.22% Added +92.8k +92,820
13 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 680,216680.2k $17.8m $17.8m 0.00% New
14 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 567,703567.7k $14.9m $14.9m 0.02% Added +336.9k +336,869
15 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 4.47% of their portfolio EAGLE, ID 552,124552.1k $14.4m $14.4m 4.47% Reduced -112.6k -112,590
16 Valmark Advisers, Inc. 0.21% of their portfolio AKRON, OH 506,268506.3k $13.2m $13.2m 0.21% Reduced -50.6k -50,609
17 Family Investment Center, Inc. 3.07% of their portfolio Saint Joseph, MO 463,237463.2k $12.1m $12.1m 3.07% Added +23.1k +23,100
18 Savant Capital, LLC 0.09% of their portfolio ROCKFORD, IL 442,787442.8k $11.6m $11.6m 0.09% Added +78.6k +78,591
19 ALM First Financial Advisors, LLC 2.67% of their portfolio DALLAS, TX 432,128432.1k $11.3m $11.3m 2.67% Added +65.1k +65,064
20 SAGE PRIVATE WEALTH GROUP, LLC 8.19% of their portfolio OAKBROOK TERRACE, IL 417,169417.2k $10.9m $10.9m 8.19% Added +24.5k +24,514
21 Evelyn Partners Asset Management Ltd 2.76% of their portfolio London, X0 392,603392.6k $10.3m $10.3m 2.76% First filing
22 Austin Wealth Management, LLC 2.09% of their portfolio Austin, TX 377,344377.3k $10.1m $10.1m 2.09% Added +57.5k +57,506
23 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 321,786321.8k $8.4m $8.4m 0.05% Added +91.6k +91,578
24 RAINEY & RANDALL WEALTH ADVISORS INC. 1.66% of their portfolio Celebration, FL 320,309320.3k $8.4m $8.4m 1.66% Added +288.7k +288,680
25 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 312,986313.0k $8.2m $8.2m 0.01% Added +38.3k +38,255
26 Astor Investment Management LLC 4.18% of their portfolio CHICAGO, IL 311,921311.9k $8.2m $8.2m 4.18% New
27 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 311,334311.3k $8.1m $8.1m 0.00% First filing
28 Frontier Asset Management, LLC 2.64% of their portfolio SHERIDAN, WY 305,355305.4k $8.0m $8.0m 2.64% Reduced -79.5k -79,457
29 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 292,045292.0k $7.6m $7.6m 0.00% Reduced -19.0k -19,021
30 New York Life Investment Management LLC 0.07% of their portfolio New York, NY 268,953269.0k $7.0m $7.0m 0.07% Reduced -30.4k -30,359
31 AXXCESS WEALTH MANAGEMENT, LLC 0.16% of their portfolio CARLSBAD, CA 246,628246.6k $6.5m $6.5m 0.16% Added +239.0k +238,990
32 FWG Holdings, LLC 3.09% of their portfolio WINTER PARK, FL 243,050243.1k $6.4m $6.4m 3.09% Reduced -13.0k -12,952
33 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 240,755240.8k $6.3m $6.3m 0.02% Reduced -7.3k -7,322
34 Fortitude Family Office, LLC 2.20% of their portfolio SCOTTSDALE, AZ 234,959235.0k $6.1m $6.1m 2.20% New
35 FMA Wealth Management, LLC 4.46% of their portfolio DUXBURY, MA 229,079229.1k $6.0m $6.0m 4.46% Added +18.6k +18,563
36 Leelyn Smith, LLC 1.05% of their portfolio GENEVA, IL 226,171226.2k $5.9m $5.9m 1.05% Reduced -225 -225
37 Empire Financial Management Company, LLC 1.68% of their portfolio NEW YORK, NY 205,981206.0k $5.4m $5.4m 1.68% Added +6.4k +6,392
38 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 200,416200.4k $5.2m $5.2m 0.02% Reduced -2.4k -2,366
39 Principia Wealth Advisory, LLC 4.67% of their portfolio DALLAS, TX 189,875189.9k $5.0m $5.0m 4.67% First filing
40 Atria Investments, Inc 0.06% of their portfolio Charlotte, NC 180,842180.8k $4.7m $4.7m 0.06% Added +168.9k +168,931
41 CSS LLC/IL 0.28% of their portfolio CHICAGO, IL 178,784178.8k $4.7m $4.7m 0.28% Added +25.9k +25,920
42 Avestar Capital, LLC 0.41% of their portfolio New York, NY 171,065171.1k $4.5m $4.5m 0.41% Reduced -4.6k -4,566
43 A&I FINANCIAL SERVICES, LLC 4.26% of their portfolio LONE TREE, CO 166,945166.9k $4.4m $4.4m 4.26% First filing
44 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 166,279166.3k $4.3m $4.3m 0.01% Added +120.6k +120,620
45 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 157,212157.2k $4.1m $4.1m 0.01% Reduced -24.6k -24,612
46 Professional Financial Advisors, LLC 1.04% of their portfolio NORTH PLATTE, NE 155,936155.9k $4.1m $4.1m 1.04% Added +11.4k +11,428
47 Sound Financial Strategies Group, LLC 3.29% of their portfolio MADISON, MS 150,670150.7k $3.9m $3.9m 3.29% Reduced -8.5k -8,505
48 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 143,433143.4k $3.8m $3.8m 0.04% Added +20.9k +20,915
49 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 142,711142.7k $3.7m $3.7m 0.01% Added +19.9k +19,924
50 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 135,800135.8k $3.6m $3.6m 0.02% Added +22.6k +22,619
51 Longview Financial Advisors, Inc. 2.65% of their portfolio HUNTSVILLE, AL 128,758128.8k $3.4m $3.4m 2.65% Added +6.4k +6,449
52 STANSBERRY ASSET MANAGEMENT, LLC 0.43% of their portfolio Westlake, TX 125,654125.7k $3.3m $3.3m 0.43% Reduced -9.0k -9,021
53 Evelyn Partners Investment Management Services Ltd 0.57% of their portfolio London, X0 123,937123.9k $3.2m $3.2m 0.57% First filing
54 Scarborough Advisors, LLC 0.45% of their portfolio ANNAPOLIS, MD 121,432121.4k $3.2m $3.2m 0.45% New
55 Innova Wealth Partners 1.97% of their portfolio NEWTOWN, PA 119,461119.5k $3.1m $3.1m 1.97% New
56 Fairman Group, LLC 2.40% of their portfolio CHESTERBROOK, PA 111,609111.6k $2.9m $2.9m 2.40% Added +97.8k +97,840
57 Fermata Advisors, LLC 0.52% of their portfolio SONOMA, CA 106,320106.3k $2.8m $2.8m 0.52% Added +23.1k +23,089
58 Live Oak Investment Partners 1.81% of their portfolio AUSTIN, TX 90,99091.0k $2.4m $2.4m 1.81% New
59 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 90,93390.9k $2.4m $2.4m 0.01% Reduced -6.3k -6,266
60 MKD WEALTH COACHES, LLC 2.37% of their portfolio TROY, MI 89,34789.3k $2.3m $2.3m 2.37% First filing
61 Canal Capital Management, LLC 0.38% of their portfolio Richmond, VA 88,89088.9k $2.3m $2.3m 0.38% Reduced -2.9k -2,916
62 CoreCap Advisors, LLC 0.10% of their portfolio SOUTHFIELD, MI 83,17383.2k $2.2m $2.2m 0.10% Reduced -30.7k -30,740
63 E&G Advisors, LLC 0.55% of their portfolio HOUSTON, TX 76,85276.9k $2.0m $2.0m 0.55% Reduced -13.9k -13,950
64 Twelve Points Wealth Management LLC 0.58% of their portfolio CONCORD, MA 76,63576.6k $2.0m $2.0m 0.58% Added +31.8k +31,779
65 Hilltop Holdings Inc. 0.13% of their portfolio DALLAS, TX 76,54876.5k $2.0m $2.0m 0.13% Reduced -19.9k -19,916
66 Optivise Advisory Services LLC 1.06% of their portfolio FRANKLIN, TN 75,13575.1k $2.0m $2.0m 1.06% Reduced -4.3k -4,299
67 Dynamic Advisor Solutions LLC 0.08% of their portfolio PHOENIX, AZ 74,00774.0k $1.9m $1.9m 0.08% Added +2.5k +2,531
68 Legacy Capital Group California, Inc. 0.59% of their portfolio LOS GATOS, CA 73,39373.4k $1.9m $1.9m 0.59% New
69 Midwest Financial Group LLC 1.02% of their portfolio Overland Park, KS 67,69267.7k $1.8m $1.8m 1.02% Added +2.5k +2,519
70 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 64,93664.9k $1.7m $1.7m 0.00% New
71 TriaGen Wealth Management LLC 0.54% of their portfolio Calabasas, CA 60,79660.8k $1.6m $1.6m 0.54% Added +6.1k +6,123
72 HOWARD BAILEY SECURITIES, LLC 0.58% of their portfolio FORT WAYNE, IN 59,25559.3k $1.6m $1.6m 0.58% Added +11.6k +11,590
73 ENTREWEALTH, LLC 1.51% of their portfolio AUSTIN, TX 57,95358.0k $1.6m $1.6m 1.51% First filing
74 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 57,00057.0k $1.5m $1.5m 0.00% Reduced -48.4k -48,400
75 Ancora Advisors LLC 0.03% of their portfolio Cleveland, OH 53,23253.2k $1.4m $1.4m 0.03% Added +28.0k +28,044
76 Visionary Wealth Advisors 0.08% of their portfolio O'FALLON, IL 49,48749.5k $1.3m $1.3m 0.08% Added +5.4k +5,436
77 RHS Financial, LLC 0.66% of their portfolio SAN FRANCISCO, CA 49,02149.0k $1.3m $1.3m 0.66% Reduced -2.3k -2,281
78 MAI Capital Management 0.01% of their portfolio INDEPENDENCE, OH 46,70746.7k $1.2m $1.2m 0.01% Added +1.9k +1,912
79 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 45,47545.5k $1.2m $1.2m 0.00% Added +10.8k +10,815
80 Burt Wealth Advisors 0.30% of their portfolio North Bethesda, MD 45,19245.2k $1.2m $1.2m 0.30% Added +19.6k +19,591
81 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 45,17645.2k $1.2m $1.2m 0.00% Added +11.1k +11,120
82 THOR INVESTMENT MANAGEMENT INC /OH/ /ADV 0.86% of their portfolio CINCINNATI, OH 42,85042.9k $1.1m $1.1m 0.86% Unchanged
83 Sterneck Capital Management, LLC 0.58% of their portfolio KANSAS CITY, MO 41,35741.4k $1.1m $1.1m 0.58% Reduced -1.6k -1,620
84 Farther Finance Advisors, LLC 0.04% of their portfolio SAN FRANCISCO, CA 40,99941.0k $1.1m $1.1m 0.04% Added +2.9k +2,901
85 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 37,15437.2k $971.9k $971.9k 0.00% Added +7.1k +7,131
86 Trajan Wealth LLC 0.05% of their portfolio SCOTTSDALE, AZ 35,30835.3k $923.7k $923.7k 0.05% Reduced -2.6k -2,629
87 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 35,16935.2k $920.0k $920.0k 0.01% New
88 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 34,11634.1k $892.1k $892.1k 0.00% Reduced -120 -120
89 Savvy Advisors, Inc. 0.11% of their portfolio NEW YORK, NY 33,66233.7k $880.6k $880.6k 0.11% New
90 City Center Advisors, LLC 0.98% of their portfolio TROY, MI 33,43633.4k $874.7k $874.7k 0.98% Added +7.0k +6,955
91 Strategic Blueprint, LLC 0.05% of their portfolio ATLANTA, GA 33,28733.3k $870.8k $870.8k 0.05% Added +12.1k +12,064
92 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 31,76231.8k $836.1k $836.1k 0.00% New
93 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 29,77529.8k $778.9k $778.9k 0.00% Added +20.2k +20,180
94 Matrix Trust Co 0.13% of their portfolio DENVER, CO 29,52729.5k $772.0k $772.0k 0.13% Added +25.6k +25,579
95 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 28,99829.0k $758.6k $758.6k 0.00% Reduced -50.5k -50,510
96 EXCHANGE TRADED CONCEPTS, LLC 0.02% of their portfolio Oklahoma City, OK 28,85828.9k $754.9k $754.9k 0.02% New
97 NWAM LLC 0.05% of their portfolio MERCER ISLAND, WA 28,12328.1k $735.7k $735.7k 0.05% Added +707 +707
98 LAKE STREET PRIVATE WEALTH, LLC 0.11% of their portfolio CHICAGO, IL 26,75226.8k $699.8k $699.8k 0.11% Added +453 +453
99 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.02% of their portfolio LOS ANGELES, CA 26,34226.3k $689.1k $689.1k 0.02% Added +3.6k +3,641
100 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 25,59425.6k $669.6k $669.6k 0.00% Added +13.8k +13,793