Vault-13

MANAGER DIRECTED PORTFOLIOS VGSR

VERT GLB SUST RE · ETP · CUSIP 56170L695

81 institutional holders +2 vs Q4 2024
33,756,21833.8m shares reported held*
$342.2mreported value*
4 new 41 added 23 reduced 2 sold out net bought ≈ $22.4m (+2.2m 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 ≈ $10.14.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

050100Q4 23: 53Q1 24: 55Q2 24: 61Q3 24: 64Q4 24: 79Q1 25: 8181Q4 23Q1 24Q2 24Q3 24Q4 24Q1 25
Numbers
QuarterHolders
Q4 202353
Q1 202455
Q2 202461
Q3 202464
Q4 202479
Q1 202581

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q1 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 24Q1 25: 45 bought or addedQ1 25: 25 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q1 20243625
Q2 20243720
Q3 20243427
Q4 20243824
Q1 20254525

Biggest buyers

Focus Partners Wealth Added +1,701,703+1.7m
Abacus Wealth Partners, LLC Added +120,148+120.1k
Prime Capital Investment Advisors, LLC Added +76,065+76.1k
BRIGHTON JONES LLC Added +62,086+62.1k
PFG Investments, LLC Added +57,306+57.3k
Forum Financial Management, LP Added +45,543+45.5k
Savant Capital, LLC Added +39,234+39.2k
OSAIC HOLDINGS, INC. Added +37,970+38.0k
Meritas Wealth Management, LLC Added +36,863+36.9k
Colorado Capital Management, Inc. Added +32,529+32.5k

Biggest sellers

WCG Wealth Advisors LLC Reduced -56,086-56.1k
Adero Partners, LLC Reduced -53,265-53.3k
MISSION WEALTH MANAGEMENT, LP Reduced -52,162-52.2k
Koss-Olinger Consulting, LLC Reduced -46,010-46.0k
NWAM LLC Reduced -19,247-19.2k
HighTower Advisors, LLC Reduced -15,265-15.3k
BetterWealth, LLC Reduced -8,511-8.5k
Focus Partners Advisor Solutions, LLC Reduced -7,367-7.4k
North Berkeley Wealth Management, LLC Reduced -6,609-6.6k
JDH Wealth Management, LLC Reduced -5,916-5.9k

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Abacus Wealth Partners, LLC 23.82% of their portfolio SANTA MONICA, CA 15,615,48915.6m $158.3m $158.3m 23.82% Added +120.1k +120,148
2 BRIGHTON JONES LLC 1.05% of their portfolio SEATTLE, WA 3,237,7663.2m $32.8m $32.8m 1.05% Added +62.1k +62,086
3 Focus Partners Wealth 0.06% of their portfolio ST LOUIS, MO 2,349,6532.3m $23.8m $23.8m 0.06% Added +1.7m +1,701,703
4 First Pacific Financial 2.70% of their portfolio VANCOUVER, WA 1,310,3931.3m $13.3m $13.3m 2.70% Added +12.9k +12,881
5 Forum Financial Management, LP 0.20% of their portfolio LOMBARD, IL 1,199,5591.2m $12.2m $12.2m 0.20% Added +45.5k +45,543
6 Adero Partners, LLC 0.67% of their portfolio PLEASANTON, CA 1,007,6181.0m $10.2m $10.2m 0.67% Reduced -53.3k -53,265
7 WCG Wealth Advisors LLC 0.56% of their portfolio LAS VEGAS, NV 724,921724.9k $7.4m $7.4m 0.56% Reduced -56.1k -56,086
8 PFG Investments, LLC 0.45% of their portfolio WOODBURY, NY 685,571685.6k $7.0m $7.0m 0.45% Added +57.3k +57,306
9 MISSION WEALTH MANAGEMENT, LP 0.17% of their portfolio Santa Barbara, CA 675,454675.5k $6.8m $6.8m 0.17% Reduced -52.2k -52,162
10 Colorado Capital Management, Inc. 2.51% of their portfolio BOULDER, CO 531,765531.8k $5.4m $5.4m 2.51% Added +32.5k +32,529
11 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 498,904498.9k $5.1m $5.1m 0.01% Reduced -15.3k -15,265
12 North Berkeley Wealth Management, LLC 4.75% of their portfolio Berkeley, CA 449,785449.8k $4.6m $4.6m 4.75% Reduced -6.6k -6,609
13 Willow Creek Wealth Management Inc. 0.44% of their portfolio Sebastopol, CA 445,475445.5k $4.5m $4.5m 0.44% Added +21.0k +21,026
14 SOA Wealth Advisors, LLC. 0.77% of their portfolio NEW YORK, NY 361,493361.5k $3.7m $3.7m 0.77% Added +5.6k +5,551
15 Balanced Rock Investment Advisors LLC 2.59% of their portfolio ROSLINDALE, MA 319,964320.0k $3.2m $3.2m 2.59% Reduced -3.7k -3,665
16 Koss-Olinger Consulting, LLC 0.26% of their portfolio GAINESVILLE, FL 303,801303.8k $3.1m $3.1m 0.26% Reduced -46.0k -46,010
17 LongView Asset Management LLC 2.52% of their portfolio SANTA FE, NM 289,380289.4k $2.9m $2.9m 2.52% Added +18.3k +18,291
18 Prime Capital Investment Advisors, LLC 0.03% of their portfolio OVERLAND PARK, KS 272,331272.3k $2.8m $2.8m 0.03% Added +76.1k +76,065
19 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 271,624271.6k $2.8m $2.8m 0.01% Added +8.5k +8,530
20 Focus Partners Advisor Solutions, LLC 0.04% of their portfolio SAINT LOUIS, MO 260,362260.4k $2.6m $2.6m 0.04% Reduced -7.4k -7,367
21 RED LIGHTHOUSE INVESTMENT MANAGEMENT, LLC 0.96% of their portfolio HILLSDALE, NY 240,275240.3k $2.4m $2.4m 0.96% Reduced -623 -623
22 NATURAL INVESTMENTS, LLC 0.67% of their portfolio WINDSOR, CA 232,125232.1k $2.4m $2.4m 0.67% Added +13.3k +13,257
23 Perigon Wealth Management, LLC 0.05% of their portfolio SAN FRANCISCO, CA 201,413201.4k $2.0m $2.0m 0.05% Added +14.3k +14,302
24 Meritas Wealth Management, LLC 1.17% of their portfolio SAN RAFAEL, CA 196,921196.9k $2.0m $2.0m 1.17% Added +36.9k +36,863
25 Allodium Investment Consultants, LLC 1.35% of their portfolio MINNEAPOLIS, MN 180,340180.3k $1.8m $1.8m 1.35% Added +9.2k +9,245
26 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 155,612155.6k $1.6m $1.6m 0.00% Unchanged
27 Savant Capital, LLC 0.01% of their portfolio ROCKFORD, IL 146,401146.4k $1.5m $1.5m 0.01% Added +39.2k +39,234
28 Hemington Wealth Management 0.21% of their portfolio FALLS CHURCH, VA 130,946130.9k $1.3m $1.3m 0.21% Added +5.3k +5,283
29 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 103,332103.3k $1.0m $1.0m 0.00% Added +38.0k +37,970
30 Level Financial Advisors 0.33% of their portfolio EAST AMHERST, NY 96,31496.3k $976.6k $976.6k 0.33% Added +192 +192
31 Betterment LLC 0.00% of their portfolio NEW YORK, NY 88,68888.7k $899.0k $899.0k 0.00% Reduced -1.3k -1,263
32 Index Fund Advisors, Inc. 0.05% of their portfolio IRVINE, CA 73,77073.8k $748.0k $748.0k 0.05% Reduced -2.6k -2,578
33 Waypoint Wealth Partners Inc. 0.20% of their portfolio MILL VALLEY, CA 71,87071.9k $728.8k $728.8k 0.20% Added +982 +982
34 Modera Wealth Management, LLC 0.01% of their portfolio WESTWOOD, NJ 67,87867.9k $688.3k $688.3k 0.01% Added +130 +130
35 Pine Haven Investment Counsel, Inc 0.57% of their portfolio FAIRHAVEN, MA 66,63166.6k $675.6k $675.6k 0.57% Reduced -153 -153
36 Silver Oak Advisory Group, Inc. 0.35% of their portfolio PORTLAND, OR 65,53665.5k $664.0k $664.0k 0.35% Added +1.0k +1,020
37 Ariadne Wealth Management, LP 0.33% of their portfolio SANTA BARBARA, CA 60,66560.7k $623.3k $623.3k 0.33% Added +132 +132
38 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 50,58650.6k $512.9k $512.9k 0.00% Added +22.3k +22,314
39 NWAM LLC 0.04% of their portfolio MERCER ISLAND, WA 42,03342.0k $426.2k $426.2k 0.04% Reduced -19.2k -19,247
40 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 41,31341.3k $419.0k $419.0k 0.00% Added +15.8k +15,755
41 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 41,30641.3k $418.8k $418.8k 0.00% Added +173 +173
42 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 41,25241.3k $418.3k $418.3k 0.00% Added +114 +114
43 Aegis Wealth Management LLC 0.22% of their portfolio BETHESDA, MD 37,11137.1k $376.3k $376.3k 0.22% Added +1.5k +1,500
44 Private Wealth Management Group, LLC 0.13% of their portfolio PRINCETON, NJ 35,48635.5k $359.8k $359.8k 0.13% Reduced -327 -327
45 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 31,15531.2k $315.9k $315.9k 0.01% Added +18.2k +18,222
46 Comprehensive Wealth Management, LLC 0.21% of their portfolio LYNNWOOD, WA 29,30629.3k $297.2k $297.2k 0.21% New
47 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 28,95129.0k $286.7k $286.7k 0.00% New
48 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 25,00025.0k $253.5k $253.5k 0.00% Added +20.8k +20,787
49 MB Generational Wealth, LLC 0.18% of their portfolio SPOKANE, WA 24,31724.3k $246.6k $246.6k 0.18% Unchanged
50 TRILLIUM ASSET MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 23,56623.6k $239.0k $239.0k 0.01% Unchanged
51 First Affirmative Financial Network 0.14% of their portfolio COLORADO SPRINGS, CO 22,81022.8k $231.3k $231.3k 0.14% Added +762 +762
52 JDH Wealth Management, LLC 0.19% of their portfolio SANTA ROSA, CA 22,21122.2k $225.2k $225.2k 0.19% Reduced -5.9k -5,916
53 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 22,07022.1k $223.8k $223.8k 0.00% Reduced -462 -462
54 Apella Capital, LLC 0.01% of their portfolio WEST HARTFORD, CT 19,24619.2k $180.1k $180.1k 0.01% Added +7.8k +7,844
55 Ethic Inc. 0.00% of their portfolio NEW YORK, NY 18,75318.8k $190.3k $190.3k 0.00% Reduced -1.1k -1,138
56 SwitchPoint Financial Planning, LLC 0.18% of their portfolio LEHI, UT 18,26118.3k $185.2k $185.2k 0.18% Unchanged
57 Cloud Capital Management, LLC 0.12% of their portfolio SEATTLE, WA 17,53617.5k $176.0k $176.0k 0.12% First filing
58 BetterWealth, LLC 0.05% of their portfolio SAN JOSE, CA 16,90916.9k $171.5k $171.5k 0.05% Reduced -8.5k -8,511
59 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 16,70616.7k $169.4k $169.4k 0.00% Reduced -1.3k -1,318
60 Crestwood Advisors Group, LLC 0.00% of their portfolio BOSTON, MA 16,60816.6k $168.4k $168.4k 0.00% Reduced -1.3k -1,259
61 Dynamic Advisor Solutions LLC 0.01% of their portfolio PHOENIX, AZ 15,49315.5k $157.1k $157.1k 0.01% New
62 MORRIS FINANCIAL CONCEPTS, INC. 0.06% of their portfolio MOUNT PLEASANT, SC 14,74914.7k $149.6k $149.6k 0.06% Added +2.3k +2,253
63 AdvisorNet Financial, Inc 0.01% of their portfolio MINNETONKA, MN 13,45613.5k $136.4k $136.4k 0.01% Added +555 +555
64 Encompass More Asset Management 0.04% of their portfolio Danville, CA 12,71412.7k $128.9k $128.9k 0.04% New
65 Quantum Financial Advisors, LLC 0.02% of their portfolio SANTA MONICA, CA 11,21211.2k $113.7k $113.7k 0.02% Added +677 +677
66 Caprock Group, LLC 0.00% of their portfolio BOISE, ID 10,80110.8k $109.5k $109.5k 0.00% Added +67 +67
67 Atria Wealth Solutions, Inc. 0.00% of their portfolio NEW YORK, NY 10,34110.3k $104.9k $104.9k 0.00% Reduced -387 -387
68 Parkworth Wealth Management, Inc. 0.07% of their portfolio LOS GATOS, CA 9,0799.1k $92.1k $92.1k 0.07% Added +110 +110
69 Greykasell Wealth Strategies, Inc. 0.04% of their portfolio DANVILLE, CA 7,1757.2k $72.8k $72.8k 0.04% Reduced -3.2k -3,176
70 Aspect Partners, LLC 0.04% of their portfolio FAIRFAX, VA 6,7946.8k $68.9k $68.9k 0.04% Unchanged
71 SJS Investment Consulting Inc. 0.01% of their portfolio SYLVANIA, OH 2,9232.9k $29.6k $29.6k 0.01% Unchanged
72 FMR LLC 0.00% of their portfolio BOSTON, MA 1,9001.9k $19.3k $19.3k 0.00% Added +466 +466
73 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,7781.8k $18.0k $18.0k 0.00% Unchanged
74 BRIDGE GENERATIONS WEALTH MANAGEMENT LLC 0.01% of their portfolio South Miami, FL 1,5541.6k $15.8k $15.8k 0.01% Reduced -123 -123
75 Financial Connections Group, Inc. 0.01% of their portfolio CORTE MADERA, CA 1,3881.4k $14.0k $14.0k 0.01% Added +9 +9
76 Bank of New Hampshire 0.00% of their portfolio LACONIA, NH 1,1551.2k $11.7k $11.7k 0.00% Unchanged
77 BELLEVUE ASSET MANAGEMENT, LLC 0.00% of their portfolio BELLEVUE, WA 861861 $8.7k $8.7k 0.00% Added +5 +5
78 Orion Capital Management LLC 0.00% of their portfolio CORONADO, CA 178178 $1.8k $1.8k 0.00% Unchanged
79 Clean Yield Group 0.00% of their portfolio NORWICH, VT 148148 $1.5k $1.5k 0.00% Unchanged
80 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 22 $19 $19 0.00% Unchanged
81 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged