Vault-13

MANAGER DIRECTED PORTFOLIOS VGSR

VERT GLB SUST RE · ETP · CUSIP 56170L695

79 institutional holders +15 vs Q3 2024
33,579,36033.6m shares reported held*
$339.8mreported value*
6 new 32 added 23 reduced 1 sold out net bought ≈ $27.9m (+2.8m 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 ≈ $10.12.

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

050100Q4 23: 53Q1 24: 55Q2 24: 61Q3 24: 64Q4 24: 7979Q4 23Q1 24Q2 24Q3 24Q4 24
Numbers
QuarterHolders
Q4 202353
Q1 202455
Q2 202461
Q3 202464
Q4 202479

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 24: 36 bought or addedQ1 24: 25 cut or sold outQ1 24Q2 24: 37 bought or addedQ2 24: 20 cut or sold outQ2 24Q3 24: 34 bought or addedQ3 24: 27 cut or sold outQ3 24Q4 24: 38 bought or addedQ4 24: 24 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 20243625
Q2 20243720
Q3 20243427
Q4 20243824

Biggest buyers

Forum Financial Management, LP Added +1,134,245+1.1m
Abacus Wealth Partners, LLC Added +999,893+999.9k
Focus Partners Wealth Added +345,772+345.8k
BRIGHTON JONES LLC Added +216,935+216.9k
PFG Investments, LLC Added +37,529+37.5k
First Pacific Financial Added +34,475+34.5k
Envestnet Portfolio Solutions, Inc. Added +29,492+29.5k
Focus Partners Advisor Solutions, LLC Added +28,962+29.0k
NWAM LLC Added +26,576+26.6k
Betterment LLC Added +25,153+25.2k

Biggest sellers

Balanced Rock Investment Advisors LLC Reduced -85,218-85.2k
JANE STREET GROUP, LLC Reduced -40,359-40.4k
MISSION WEALTH MANAGEMENT, LP Reduced -36,681-36.7k
Colorado Capital Management, Inc. Reduced -16,925-16.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -10,376-10.4k
Ethic Inc. Reduced -10,232-10.2k
WCG Wealth Advisors LLC Reduced -9,841-9.8k
UBS Group AG Reduced -8,441-8.4k
Prime Capital Investment Advisors, LLC Reduced -8,252-8.3k
GTS SECURITIES LLC Reduced -6,130-6.1k

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Abacus Wealth Partners, LLC 23.42% of their portfolio SANTA MONICA, CA 15,495,34115.5m $156.8m $156.8m 23.42% Added +999.9k +999,893
2 BRIGHTON JONES LLC 0.93% of their portfolio SEATTLE, WA 3,175,6803.2m $32.1m $32.1m 0.93% Added +216.9k +216,935
3 Merriman Wealth Management, LLC 0.86% of their portfolio SEATTLE, WA 2,050,2842.1m $20.7m $20.7m 0.86% Added +19.3k +19,300
4 First Pacific Financial 3.06% of their portfolio VANCOUVER, WA 1,297,5121.3m $13.1m $13.1m 3.06% Added +34.5k +34,475
5 Forum Financial Management, LP 0.19% of their portfolio LOMBARD, IL 1,154,0161.2m $11.7m $11.7m 0.19% Added +1.1m +1,134,245
6 Adero Partners, LLC 0.69% of their portfolio PLEASANTON, CA 1,060,8831.1m $10.7m $10.7m 0.69% Reduced -4.8k -4,761
7 WCG Wealth Advisors LLC 0.52% of their portfolio LAS VEGAS, NV 781,007781.0k $7.9m $7.9m 0.52% Reduced -9.8k -9,841
8 MISSION WEALTH MANAGEMENT, LP 0.18% of their portfolio Santa Barbara, CA 727,616727.6k $7.4m $7.4m 0.18% Reduced -36.7k -36,681
9 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 647,950648.0k $6.6m $6.6m 0.01% Added +345.8k +345,772
10 PFG Investments, LLC 0.40% of their portfolio WOODBURY, NY 628,265628.3k $6.4m $6.4m 0.40% Added +37.5k +37,529
11 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 514,169514.2k $5.2m $5.2m 0.01% Added +6.4k +6,435
12 Colorado Capital Management, Inc. 2.45% of their portfolio BOULDER, CO 499,236499.2k $5.1m $5.1m 2.45% Reduced -16.9k -16,925
13 North Berkeley Wealth Management, LLC 4.69% of their portfolio Berkeley, CA 456,394456.4k $4.6m $4.6m 4.69% First filing
14 Willow Creek Wealth Management Inc. 0.44% of their portfolio Sebastopol, CA 424,449424.4k $4.3m $4.3m 0.44% Added +12.8k +12,811
15 SOA Wealth Advisors, LLC. 0.66% of their portfolio NEW YORK, NY 355,942355.9k $3.6m $3.6m 0.66% Added +3.4k +3,394
16 Koss-Olinger Consulting, LLC 0.31% of their portfolio GAINESVILLE, FL 349,811349.8k $3.5m $3.5m 0.31% Reduced -700 -700
17 Balanced Rock Investment Advisors LLC 2.59% of their portfolio ROSLINDALE, MA 323,629323.6k $3.3m $3.3m 2.59% Reduced -85.2k -85,218
18 LongView Asset Management LLC 2.39% of their portfolio SANTA FE, NM 271,089271.1k $2.7m $2.7m 2.39% First filing
19 Focus Partners Advisor Solutions, LLC 0.05% of their portfolio SAINT LOUIS, MO 267,729267.7k $2.7m $2.7m 0.05% Added +29.0k +28,962
20 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 263,094263.1k $2.7m $2.7m 0.01% Added +29.5k +29,492
21 RED LIGHTHOUSE INVESTMENT MANAGEMENT, LLC 0.96% of their portfolio HILLSDALE, NY 240,898240.9k $2.4m $2.4m 0.96% Reduced -2.4k -2,406
22 NATURAL INVESTMENTS, LLC 0.61% of their portfolio WINDSOR, CA 218,868218.9k $2.2m $2.2m 0.61% First filing
23 Prime Capital Investment Advisors, LLC 0.03% of their portfolio OVERLAND PARK, KS 196,266196.3k $2.0m $2.0m 0.03% Reduced -8.3k -8,252
24 Perigon Wealth Management, LLC 0.05% of their portfolio SAN FRANCISCO, CA 187,111187.1k $1.9m $1.9m 0.05% Reduced -4.5k -4,499
25 Allodium Investment Consultants, LLC 1.45% of their portfolio MINNEAPOLIS, MN 171,095171.1k $1.7m $1.7m 1.45% First filing
26 Meritas Wealth Management, LLC 0.97% of their portfolio SAN RAFAEL, CA 160,058160.1k $1.6m $1.6m 0.97% Added +5.1k +5,065
27 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 155,612155.6k $1.6m $1.6m 0.00% Reduced -1.8k -1,810
28 Hemington Wealth Management 0.32% of their portfolio FALLS CHURCH, VA 125,663125.7k $1.3m $1.3m 0.32% Reduced -4.4k -4,438
29 Savant Capital, LLC 0.01% of their portfolio ROCKFORD, IL 107,167107.2k $1.1m $1.1m 0.01% Added +16.0k +15,968
30 Level Financial Advisors 0.36% of their portfolio EAST AMHERST, NY 96,12296.1k $972.8k $972.8k 0.36% Added +2.4k +2,402
31 Betterment LLC 0.00% of their portfolio NEW YORK, NY 89,95190.0k $910.0k $910.0k 0.00% Added +25.2k +25,153
32 Index Fund Advisors, Inc. 0.04% of their portfolio IRVINE, CA 76,34876.3k $772.6k $772.6k 0.04% Added +11.8k +11,819
33 Waypoint Wealth Partners Inc. 0.20% of their portfolio MILL VALLEY, CA 70,88870.9k $717.4k $717.4k 0.20% Added +4.7k +4,651
34 Modera Wealth Management, LLC 0.01% of their portfolio WESTWOOD, NJ 67,74867.7k $685.6k $685.6k 0.01% Reduced -3.1k -3,089
35 Pine Haven Investment Counsel, Inc 0.56% of their portfolio FAIRHAVEN, MA 66,78466.8k $675.9k $675.9k 0.56% Added +3.2k +3,240
36 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 65,36265.4k $661.5k $661.5k 0.00% Added +1.2k +1,153
37 Silver Oak Advisory Group, Inc. 0.34% of their portfolio PORTLAND, OR 64,51664.5k $652.0k $652.0k 0.34% Added +3.2k +3,153
38 NWAM LLC 0.04% of their portfolio MERCER ISLAND, WA 61,28061.3k $620.2k $620.2k 0.04% Added +26.6k +26,576
39 Ariadne Wealth Management, LP 0.29% of their portfolio SANTA BARBARA, CA 60,53360.5k $625.7k $625.7k 0.29% Added +20.5k +20,479
40 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 41,13841.1k $416.3k $416.3k 0.00% Reduced -309 -309
41 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 41,13341.1k $416.3k $416.3k 0.00% Added +172 +172
42 Private Wealth Management Group, LLC 0.14% of their portfolio PRINCETON, NJ 35,81335.8k $362.4k $362.4k 0.14% Added +1.1k +1,105
43 Aegis Wealth Management LLC 0.24% of their portfolio BETHESDA, MD 35,61135.6k $360.4k $360.4k 0.24% First filing
44 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 28,27228.3k $286.1k $286.1k 0.00% Reduced -40.4k -40,359
45 JDH Wealth Management, LLC 0.25% of their portfolio SANTA ROSA, CA 28,12728.1k $284.6k $284.6k 0.25% First filing
46 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 25,55825.6k $259.0k $259.0k 0.00% Added +3.8k +3,763
47 BetterWealth, LLC 0.07% of their portfolio SAN JOSE, CA 25,42025.4k $257.2k $257.2k 0.07% Added +167 +167
48 MB Generational Wealth, LLC 0.18% of their portfolio SPOKANE, WA 24,31724.3k $246.1k $246.1k 0.18% Reduced -812 -812
49 TRILLIUM ASSET MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 23,56623.6k $238.0k $238.0k 0.01% Unchanged
50 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 22,53222.5k $228.0k $228.0k 0.00% Unchanged
51 First Affirmative Financial Network 0.13% of their portfolio COLORADO SPRINGS, CO 22,04822.0k $223.1k $223.1k 0.13% Reduced -47 -47
52 Ethic Inc. 0.00% of their portfolio NEW YORK, NY 19,89119.9k $201.3k $201.3k 0.00% Reduced -10.2k -10,232
53 SwitchPoint Financial Planning, LLC 0.18% of their portfolio LEHI, UT 18,26118.3k $184.8k $184.8k 0.18% First filing
54 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 18,02418.0k $182.4k $182.4k 0.00% Added +6.3k +6,278
55 Crestwood Advisors Group, LLC 0.00% of their portfolio BOSTON, MA 17,86717.9k $180.8k $180.8k 0.00% Reduced -3.5k -3,455
56 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 12,93312.9k $130.9k $130.9k 0.01% Reduced -6.1k -6,130
57 AdvisorNet Financial, Inc 0.01% of their portfolio MINNETONKA, MN 12,90112.9k $130.6k $130.6k 0.01% Added +87 +87
58 MORRIS FINANCIAL CONCEPTS, INC. 0.05% of their portfolio MOUNT PLEASANT, SC 12,49612.5k $126.5k $126.5k 0.05% Added +505 +505
59 Apella Capital, LLC 0.00% of their portfolio WEST HARTFORD, CT 11,40211.4k $115.4k $115.4k 0.00% Reduced -3.4k -3,353
60 Caprock Group, LLC 0.00% of their portfolio BOISE, ID 10,73410.7k $108.6k $108.6k 0.00% Added +65 +65
61 Atria Wealth Solutions, Inc. 0.00% of their portfolio NEW YORK, NY 10,72810.7k $108.8k $108.8k 0.00% New
62 Quantum Financial Advisors, LLC 0.02% of their portfolio SANTA MONICA, CA 10,53510.5k $106.6k $106.6k 0.02% New
63 Greykasell Wealth Strategies, Inc. 0.06% of their portfolio DANVILLE, CA 10,35110.4k $104.8k $104.8k 0.06% First filing
64 Parkworth Wealth Management, Inc. 0.08% of their portfolio LOS GATOS, CA 8,9699.0k $90.8k $90.8k 0.08% First filing
65 Aspect Partners, LLC 0.04% of their portfolio FAIRFAX, VA 6,7946.8k $68.8k $68.8k 0.04% Unchanged
66 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,2134.2k $42.6k $42.6k 0.00% Reduced -4.2k -4,213
67 SJS Investment Consulting Inc. 0.01% of their portfolio SYLVANIA, OH 2,9232.9k $29.6k $29.6k 0.01% Unchanged
68 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,7781.8k $18.0k $18.0k 0.00% New
69 BRIDGE GENERATIONS WEALTH MANAGEMENT LLC 0.01% of their portfolio South Miami, FL 1,6771.7k $17.0k $17.0k 0.01% First filing
70 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,6611.7k $16.8k $16.8k 0.00% Reduced -8.4k -8,441
71 FMR LLC 0.00% of their portfolio BOSTON, MA 1,4341.4k $14.5k $14.5k 0.00% Unchanged
72 Financial Connections Group, Inc. 0.01% of their portfolio CORTE MADERA, CA 1,3791.4k $13.0k $13.0k 0.01% Added +8 +8
73 Bank of New Hampshire 0.00% of their portfolio LACONIA, NH 1,1551.2k $11.7k $11.7k 0.00% New
74 BELLEVUE ASSET MANAGEMENT, LLC 0.00% of their portfolio BELLEVUE, WA 856856 $8.6k $8.6k 0.00% Unchanged
75 Orion Capital Management LLC 0.00% of their portfolio CORONADO, CA 178178 $1.8k $1.8k 0.00% New
76 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 169169 $1.7k $1.7k 0.00% New
77 Clean Yield Group 0.00% of their portfolio NORWICH, VT 148148 $1.5k $1.5k 0.00% Unchanged
78 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 22 $19 $19 0.00% Reduced -1.2k -1,238
79 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged