Vault-13

MANAGED PORTFOLIO SERIES LST

LEUTHOLD SELECT · ETP · CUSIP 56167R705

35 institutional holders -20 vs Q1 2026
1,730,1871.7m shares reported held*
$80.8mreported value*
8 new 11 added 9 reduced 27 sold out net sold ≈ $52.7m (-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 ≈ $46.72.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q1 25: 9Q2 25: 15Q3 25: 15Q4 25: 18Q1 26: 55Q2 26: 3535Q1 25Q2 25Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q1 20259
Q2 202515
Q3 202515
Q4 202518
Q1 202655
Q2 202635

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q2 25: 7 bought or addedQ2 25: 4 cut or sold outQ2 25Q3 25: 8 bought or addedQ3 25: 7 cut or sold outQ3 25Q4 25: 13 bought or addedQ4 25: 5 cut or sold outQ4 25Q1 26: 50 bought or addedQ1 26: 3 cut or sold outQ1 26Q2 26: 19 bought or addedQ2 26: 36 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q2 202574
Q3 202587
Q4 2025135
Q1 2026503
Q2 20261936

Biggest buyers

GTS SECURITIES LLC Added +83,545+83.5k
GOLDMAN SACHS GROUP INC New +77,958+78.0k
NewEdge Advisors, LLC New +52,935+52.9k
Coastal Bridge Advisors, LLC Added +45,473+45.5k
LEUTHOLD GROUP, LLC Added +34,675+34.7k
Welch Financial Planning, LLC Added +13,714+13.7k
Cambridge Investment Research Advisors, Inc. Added +12,941+12.9k
Prospera Financial Services Inc New +10,192+10.2k
KESTRA PRIVATE WEALTH SERVICES, LLC New +5,326+5.3k
Owen LaRue, LLC New +4,585+4.6k

Biggest sellers

LPL Financial LLC Reduced -334,664-334.7k
ENVESTNET ASSET MANAGEMENT INC Sold out -277,426-277.4k
Cetera Investment Advisers Sold out -178,582-178.6k
CoreCap Advisors, LLC Reduced -159,588-159.6k
Atria Investments, Inc Sold out -113,760-113.8k
HERITAGE OAK WEALTH ADVISORS LLC Sold out -99,553-99.6k
United Advisor Group, LLC Sold out -30,967-31.0k
Concurrent Investment Advisors, LLC Sold out -28,707-28.7k
Balefire, LLC Sold out -23,624-23.6k
Virtue Capital Management, LLC Sold out -22,202-22.2k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 234,143234.1k $10.9m $10.9m 0.00% Reduced -334.7k -334,664
2 Bison Wealth, LLC 0.97% of their portfolio ATLANTA, GA 226,731226.7k $10.6m $10.6m 0.97% Added +4.2k +4,199
3 Welch Financial Planning, LLC 5.96% of their portfolio BOULDER, CO 218,880218.9k $10.2m $10.2m 5.96% Added +13.7k +13,714
4 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 149,885149.9k $7.0m $7.0m 0.01% Added +12.9k +12,941
5 Coastal Bridge Advisors, LLC 0.42% of their portfolio WESTPORT, CT 146,704146.7k $6.9m $6.9m 0.42% Added +45.5k +45,473
6 Sigma Planning Corp 0.12% of their portfolio ANN ARBOR, MI 105,920105.9k $4.9m $4.9m 0.12% Added +3.5k +3,460
7 Castleview Partners, LLC 2.15% of their portfolio DALLAS, TX 104,523104.5k $4.9m $4.9m 2.15% Reduced -14.9k -14,885
8 GTS SECURITIES LLC 0.09% of their portfolio NEW YORK, NY 92,66892.7k $4.3m $4.3m 0.09% Added +83.5k +83,545
9 LEUTHOLD GROUP, LLC 0.42% of their portfolio MINNEAPOLIS, MN 89,27189.3k $4.2m $4.2m 0.42% Added +34.7k +34,675
10 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 77,95878.0k $3.6m $3.6m 0.00% New
11 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 52,93552.9k $2.5m $2.5m 0.01% New
12 Ashton Thomas Private Wealth, LLC 0.03% of their portfolio SCOTTSDALE, AZ 35,73035.7k $1.7m $1.7m 0.03% Reduced -5.9k -5,928
13 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 33,05133.1k $1.5m $1.5m 0.00% Added +135 +135
14 Jacobi Capital Management LLC 0.06% of their portfolio PITTSTON, PA 28,14728.1k $1.3m $1.3m 0.06% Reduced -704 -704
15 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 20,64120.6k $964.6k $964.6k 0.00% Reduced -10.1k -10,134
16 Apollon Wealth Management, LLC 0.01% of their portfolio MOUNT PLEASANT, SC 20,22220.2k $945.0k $945.0k 0.01% Added +2.7k +2,677
17 IFP Advisors, Inc 0.02% of their portfolio TAMPA, FL 18,05118.1k $843.5k $843.5k 0.02% Added +1.0k +1,000
18 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 10,19210.2k $476.3k $476.3k 0.01% New
19 Westhampton Capital, LLC 0.18% of their portfolio WINSTON-SALEM, NC 9,3939.4k $438.9k $438.9k 0.18% Unchanged
20 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 9,1129.1k $425.8k $425.8k 0.00% Reduced -8.7k -8,729
21 Koshinski Asset Management, Inc. 0.02% of their portfolio DECATUR, IL 6,8476.8k $319.9k $319.9k 0.02% Unchanged
22 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 6,8456.8k $319.9k $319.9k 0.00% Reduced -5.3k -5,294
23 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio AUSTIN, TX 5,3265.3k $248.9k $248.9k 0.00% New
24 Owen LaRue, LLC 0.07% of their portfolio ELIZABETHTOWN, KY 4,5854.6k $214.3k $214.3k 0.07% New
25 WFA of San Diego, LLC 0.18% of their portfolio SAN DIEGO, CA 4,5434.5k $219.8k $219.8k 0.18% Reduced -1.7k -1,699
26 PRIVATE CLIENT SERVICES, LLC 0.05% of their portfolio LOUISVILLE, KY 4,3194.3k $201.8k $201.8k 0.05% New
27 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 4,0344.0k $188.5k $188.5k 0.00% Added +2.7k +2,720
28 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3,1223.1k $145.9k $145.9k 0.00% New
29 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 2,0562.1k $96.1k $96.1k 0.00% Reduced -159.6k -159,588
30 ISLAY CAPITAL MANAGEMENT, LLC 0.03% of their portfolio Lubbock, TX 1,5411.5k $72.0k $72.0k 0.03% Unchanged
31 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 1,2351.2k $57.7k $57.7k 0.00% Unchanged
32 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 990990 $45.9k $45.9k 0.00% New
33 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 381381 $17.8k $17.8k 0.00% Unchanged
34 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 137137 $6.4k $6.4k 0.00% Unchanged
35 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 6969 $3.3k $3.3k 0.00% Unchanged