Vault-13

MANAGED PORTFOLIO SERIES

TORTOISE NRAM PI · CUSIP 56167N720

93 institutional holders -4 vs Q1 2023
14,060,78614.1m shares reported held*
$348.3mreported value*
6 new 31 added 40 reduced 11 sold out net sold ≈ $46.3m (-1.9m 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 ≈ $24.77. Options: 1 managers hold calls ($589.2k notional), 1 hold puts ($0).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 88Q4 22: 98Q1 23: 97Q2 23: 9393Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202288
Q4 202298
Q1 202397
Q2 202393

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 42 bought or addedQ4 22: 37 cut or sold outQ4 22Q1 23: 48 bought or addedQ1 23: 38 cut or sold outQ1 23Q2 23: 37 bought or addedQ2 23: 51 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20224237
Q1 20234838
Q2 20233751

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $581.2kQ1 23 puts: $0Q1 23P/C 0.00Q2 23 calls: $589.2kQ2 23 puts: $0Q2 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$0$0—
Q1 2023$581.2k$00.00
Q2 2023$589.2k$00.00

Biggest buyers

AlphaCore Capital LLC New +52,400+52.4k
CITADEL ADVISORS LLC New +33,874+33.9k
TRAPHAGEN INVESTMENT ADVISORS LLC Added +22,644+22.6k
IFP Advisors, Inc Added +18,795+18.8k
FOSTER & MOTLEY INC Added +18,766+18.8k
Financial Partners Group, Inc Added +15,333+15.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +14,262+14.3k
Raymond James Financial Services Advisors, Inc. Added +11,679+11.7k
Geneos Wealth Management Inc. Added +10,175+10.2k
CAPTRUST FINANCIAL ADVISORS New +8,392+8.4k

Biggest sellers

Busey Bank Reduced -1,231,147-1.2m
UNITED CAPITAL FINANCIAL ADVISORS, LLC Sold out -264,698-264.7k
Fulcrum Equity Management Sold out -140,052-140.1k
Sterneck Capital Management, LLC Sold out -84,590-84.6k
RAYMOND JAMES & ASSOCIATES Reduced -79,141-79.1k
Legacy Capital Group California, Inc. Sold out -42,405-42.4k
HBK Sorce Advisory LLC Reduced -26,999-27.0k
BANK OF AMERICA CORP /DE/ Reduced -24,591-24.6k
CWM, LLC Reduced -24,229-24.2k
MORGAN STANLEY Reduced -22,339-22.3k

Biggest calls

BANK OF AMERICA CORP /DE/ Unchanged $589.2k23.9k shares

Biggest puts

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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ARVEST TRUST CO N A 2.97% of their portfolio ROGERS, AR 1,954,1332.0m $49.8m $49.8m 2.97% Reduced -2.5k -2,532
2 TRAPHAGEN INVESTMENT ADVISORS LLC 4.36% of their portfolio ORADELL, NJ 1,362,6271.4m $33.6m $33.6m 4.36% Added +22.6k +22,644
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,146,2051.1m $28.3m $28.3m 0.00% Reduced -24.6k -24,591
4 Busey Bank 0.79% of their portfolio URBANA, IL 784,746784.7k $19.3m $19.3m 0.79% Reduced -1.2m -1,231,147
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 770,971771.0k $19.0m $19.0m 0.00% Reduced -22.3k -22,339
6 Magnus Financial Group LLC 2.71% of their portfolio NEW YORK, NY 770,554770.6k $19.0m $19.0m 2.71% Added +3.2k +3,151
7 FOSTER & MOTLEY INC 1.33% of their portfolio CINCINNATI, OH 694,482694.5k $17.1m $17.1m 1.33% Added +18.8k +18,766
8 ATWOOD & PALMER INC 1.33% of their portfolio KANSAS CITY, MO 604,358604.4k $14.9m $14.9m 1.33% Added +6.4k +6,395
9 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 587,077587.1k $14.5m $14.5m 0.03% Added +11.7k +11,679
10 CWM, LLC 0.06% of their portfolio OMAHA, NE 399,159399.2k $9.8m $9.8m 0.06% Reduced -24.2k -24,229
11 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 299,488299.5k $7.4m $7.4m 0.02% Reduced -779 -779
12 Keudell/Morrison Wealth Management 2.12% of their portfolio Salem, OR 298,774298.8k $7.4m $7.4m 2.12% Reduced -2.0k -1,983
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 274,578274.6k $6.8m $6.8m 0.00% Reduced -20.4k -20,375
14 Triangle Securities Wealth Management 2.22% of their portfolio RALEIGH, NC 261,267261.3k $6.4m $6.4m 2.22% Added +4.4k +4,353
15 Oxbow Advisors, LLC 1.01% of their portfolio Austin, TX 259,851259.9k $6.4m $6.4m 1.01% Added +7.2k +7,249
16 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 259,698259.7k $6.4m $6.4m 0.02% Reduced -7.3k -7,310
17 Edmonds Duncan Registered Investment Advisors, LLC 1.74% of their portfolio LAWRENCE, KS 234,944234.9k $5.8m $5.8m 1.74% Added +5.5k +5,533
18 Mariner, LLC 0.01% of their portfolio Overland Park, KS 213,438213.4k $5.3m $5.3m 0.01% Added +4 +4
19 REGIONS FINANCIAL CORP 0.04% of their portfolio BIRMINGHAM, AL 197,631197.6k $4.9m $4.9m 0.04% Reduced -11.7k -11,694
20 Icon Wealth Partners, LLC 0.45% of their portfolio HOUSTON, TX 174,238174.2k $4.3m $4.3m 0.45% Reduced -11.4k -11,360
21 FAS Wealth Partners, Inc. 0.53% of their portfolio LEAWOOD, KS 169,607169.6k $4.2m $4.2m 0.53% Added +3.1k +3,061
22 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 143,539143.5k $3.5m $3.5m 0.00% Reduced -4.3k -4,268
23 COUNTRY CLUB BANK 0.25% of their portfolio KANSAS CITY, MO 128,345128.3k $3.1m $3.1m 0.25% Reduced -9.2k -9,215
24 HBK Sorce Advisory LLC 0.13% of their portfolio ERIE, PA 123,132123.1k $3.0m $3.0m 0.13% Reduced -27.0k -26,999
25 Quad-Cities Investment Group, LLC 1.94% of their portfolio DAVENPORT, IA 120,270120.3k $3.0m $3.0m 1.94% Reduced -2.8k -2,816
26 Smith & Howard Wealth Management, LLC 1.04% of their portfolio ATLANTA, GA 119,297119.3k $2.9m $2.9m 1.04% Reduced -1.5k -1,513
27 XML Financial, LLC 0.32% of their portfolio BETHESDA, MD 111,731111.7k $2.8m $2.8m 0.32% Reduced -6.1k -6,148
28 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 94,25494.3k $2.3m $2.3m 0.00% Reduced -9.4k -9,368
29 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 89,65089.7k $2.2m $2.2m 0.00% Added +5.5k +5,488
30 Financial Partners Group, Inc 0.44% of their portfolio Overland Park, KS 86,91586.9k $2.2m $2.2m 0.44% Added +15.3k +15,333
31 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 80,29280.3k $2.0m $2.0m 0.00% Added +110 +110
32 WealthCare Investment Partners, LLC 1.10% of their portfolio PORTSMOUTH, RI 74,43674.4k $1.8m $1.8m 1.10% Added +3.3k +3,326
33 Transamerica Financial Advisors, LLC 0.23% of their portfolio CEDAR RAPIDS, IA 72,54672.5k $1.8m $1.8m 0.23% Added +4.9k +4,897
34 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 70,08570.1k $1.7m $1.7m 0.01% First filing
35 LexAurum Advisors, LLC 0.49% of their portfolio OVERLAND PARK, KS 65,66765.7k $1.6m $1.6m 0.49% Reduced -1.3k -1,314
36 Bollard Group LLC 0.05% of their portfolio BOSTON, MA 63,14163.1k $1.6m $1.6m 0.05% Added +861 +861
37 AlphaCore Capital LLC 0.21% of their portfolio LA JOLLA, CA 52,40052.4k $1.3m $1.3m 0.21% New
38 Financial Enhancement Group LLC 0.24% of their portfolio ANDERSON, IN 51,99752.0k $1.3m $1.3m 0.24% Added +755 +755
39 Global Retirement Partners, LLC 0.06% of their portfolio San Rafael, CA 51,16651.2k $1.3m $1.3m 0.06% Reduced -2.6k -2,612
40 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 50,80450.8k $1.3m $1.3m 0.00% Reduced -1.2k -1,192
41 Geneos Wealth Management Inc. 0.06% of their portfolio ENGLEWOOD, CO 47,64147.6k $1.2m $1.2m 0.06% Added +10.2k +10,175
42 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 47,53447.5k $1.2m $1.2m 0.00% Added +1.1k +1,059
43 FLOW TRADERS U.S. LLC 0.05% of their portfolio NEW YORK, NY 43,75343.8k $1.1m $1.1m 0.05% Reduced -937 -937
44 Summit Wealth Partners, LLC 0.23% of their portfolio Orlando, FL 37,55337.6k $925.8k $925.8k 0.23% Reduced -382 -382
45 Sandy Spring Bank 0.05% of their portfolio Olney, MD 36,42136.4k $897.9k $897.9k 0.05% Reduced -585 -585
46 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 33,87433.9k $835.1k $835.1k 0.00% New
47 IFP Advisors, Inc 0.02% of their portfolio TAMPA, FL 33,32233.3k $793.0k $793.0k 0.02% Added +18.8k +18,795
48 Capital Advisors, Ltd. LLC 0.11% of their portfolio SHAKER HEIGHTS, OH 29,83529.8k $736.0k $736.0k 0.11% Added +831 +831
49 United Asset Strategies, Inc. 0.09% of their portfolio GARDEN CITY, NY 28,31728.3k $698.1k $698.1k 0.09% Added +872 +872
50 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 28,02328.0k $691.0k $691.0k 0.00% Reduced -610 -610
51 WESBANCO BANK INC 0.03% of their portfolio WHEELING, WV 27,04027.0k $667.0k $667.0k 0.03% Added +1.6k +1,625
52 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 24,14224.1k $595.2k $595.2k 0.00% Added +14.3k +14,262
53 Stokes Capital Advisors, LLC 0.18% of their portfolio GREENWOOD, SC 22,22222.2k $547.8k $547.8k 0.18% Reduced -10.5k -10,541
54 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 21,24521.2k $523.7k $523.7k 0.00% Reduced -79.1k -79,141
55 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 21,13321.1k $521.0k $521.0k 0.00% Reduced -1.4k -1,375
56 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 18,70018.7k $461.0k $461.0k 0.01% Added +1.5k +1,500
57 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 17,85117.9k $440.1k $440.1k 0.00% Reduced -8.9k -8,942
58 WealthTrust Axiom LLC 0.14% of their portfolio WAYNE, PA 16,52316.5k $407.3k $407.3k 0.14% Reduced -4.2k -4,198
59 HOWARD FINANCIAL SERVICES, LTD. 0.09% of their portfolio DALLAS, TX 15,84215.8k $390.6k $390.6k 0.09% Reduced -3.1k -3,101
60 American Trust 0.02% of their portfolio LEXINGTON, KY 15,15215.2k $373.0k $373.0k 0.02% Unchanged
61 Leading Edge Financial Planning LLC 0.21% of their portfolio KNOXVILLE, TN 12,89812.9k $318.0k $318.0k 0.21% Reduced -2.3k -2,313
62 Freedom Investment Management, Inc. 0.03% of their portfolio SOUTH WINDSOR, CT 12,07512.1k $297.7k $297.7k 0.03% Reduced -172 -172
63 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11,88711.9k $293.1k $293.1k 0.00% Added +4.4k +4,392
64 FDx Advisors, Inc. 0.01% of their portfolio BERWYN, PA 10,75510.8k $265.0k $265.0k 0.01% Added +373 +373
65 Private Portfolio Partners LLC 0.06% of their portfolio PARAMUS, NJ 9,8239.8k $242.2k $242.2k 0.06% Added +56 +56
66 Strategies Wealth Advisors, LLC 0.04% of their portfolio GRAND RAPIDS, MI 8,5858.6k $211.6k $211.6k 0.04% Added +118 +118
67 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 8,3928.4k $206.9k $206.9k 0.00% New
68 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 8,3228.3k $205.2k $205.2k 0.00% Reduced -892 -892
69 UMB Bank, n.a. 0.00% of their portfolio Kansas City, MO 6,5756.6k $162.1k $162.1k 0.00% Unchanged
70 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 5,9706.0k $147.2k $147.2k 0.00% Reduced -589 -589
71 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 4,7794.8k $117.8k $117.8k 0.00% Added +494 +494
72 EVERMAY WEALTH MANAGEMENT LLC 0.02% of their portfolio ARLINGTON, VA 4,3304.3k $106.7k $106.7k 0.02% Unchanged
73 Blume Capital Management, Inc. 0.03% of their portfolio BERKELEY, CA 3,9443.9k $97.2k $97.2k 0.03% Unchanged
74 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 3,8623.9k $95.2k $95.2k 0.00% Added +937 +937
75 Koesten, Hirschmann & Crabtree, INC. 0.06% of their portfolio OVERLAND PARK, KS 3,4253.4k $84.4k $84.4k 0.06% Reduced -1.0k -1,010
76 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,8342.8k $69.7k $69.7k 0.00% Reduced -404 -404
77 VALLEY NATIONAL ADVISERS INC 0.01% of their portfolio BETHLEHEM, PA 2,5052.5k $62.0k $62.0k 0.01% Unchanged
78 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 2,3262.3k $57.3k $57.3k 0.00% Unchanged
79 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 630630 $15.5k $15.5k 0.00% Unchanged
80 CENTRAL TRUST Co 0.00% of their portfolio JEFFERSON CITY, MO 600600 $14.8k $14.8k 0.00% Unchanged
81 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 540540 $13.3k $13.3k 0.00% Reduced -17.5k -17,508
82 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 500500 $12.3k $12.3k 0.00% Unchanged
83 Concord Wealth Partners 0.00% of their portfolio ABINGDON, VA 421421 $10.4k $10.4k 0.00% Unchanged
84 BlackRock Inc. 0.00% of their portfolio New York, NY 414414 $10.2k $10.2k 0.00% New
85 BENJAMIN F. EDWARDS & COMPANY, INC. 0.00% of their portfolio ST. LOUIS, MO 281281 $7.0k $7.0k 0.00% New
86 Westside Investment Management, Inc. 0.00% of their portfolio SANTA MONICA, CA 279279 $6.9k $6.9k 0.00% Unchanged
87 FMR LLC 0.00% of their portfolio BOSTON, MA 206206 $5.1k $5.1k 0.00% Reduced -234 -234
88 Coppell Advisory Solutions LLC 0.00% of their portfolio COPPELL, TX 200200 $4.9k $4.9k 0.00% New
89 First Horizon Advisors, Inc. 0.00% of their portfolio MEMPHIS, TN 137137 $3.4k $3.4k 0.00% Unchanged
90 TUCKER ASSET MANAGEMENT LLC 0.00% of their portfolio LITTLETON, CO 8080 $2.0k $2.0k 0.00% Unchanged
91 SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio WINSTON-SALEM, NC 7575 $1.8k $1.8k 0.00% Unchanged
92 Parkside Financial Bank & Trust 0.00% of their portfolio SAINT LOUIS, MO 2020 $494 $494 0.00% Reduced -20.2k -20,165
93 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged