Vault-13

MORGAN STANLEY ETF TRUST CVLC

CALVERT US LARCP · ETP · CUSIP 61774R205

73 institutional holders +16 vs Q3 2025
6,501,5186.5m shares reported held*
$547.7mreported value*
14 new 30 added 15 reduced 1 sold out net bought ≈ $30.8m (+366.0k 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 ≈ $84.24.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q1 23: 7Q2 23: 10Q3 23: 12Q4 23: 15Q1 24: 19Q2 24: 27Q3 24: 35Q4 24: 49Q1 25: 51Q2 25: 51Q3 25: 57Q4 25: 7373Q1 23Q4 23Q3 24Q2 25Q4 25
Numbers
QuarterHolders
Q1 20237
Q2 202310
Q3 202312
Q4 202315
Q1 202419
Q2 202427
Q3 202435
Q4 202449
Q1 202551
Q2 202551
Q3 202557
Q4 202573

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q1 24: 12 bought or addedQ1 24: 7 cut or sold outQ2 24: 22 bought or addedQ2 24: 3 cut or sold outQ2 24Q3 24: 22 bought or addedQ3 24: 8 cut or sold outQ4 24: 30 bought or addedQ4 24: 10 cut or sold outQ4 24Q1 25: 26 bought or addedQ1 25: 16 cut or sold outQ2 25: 30 bought or addedQ2 25: 18 cut or sold outQ2 25Q3 25: 39 bought or addedQ3 25: 14 cut or sold outQ4 25: 44 bought or addedQ4 25: 16 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024127
Q2 2024223
Q3 2024228
Q4 20243010
Q1 20252616
Q2 20253018
Q3 20253914
Q4 20254416

Biggest buyers

Legacy Advisors, LLC New +115,572+115.6k
Wealthspire Advisors, LLC Added +43,595+43.6k
Fiduciary Trust Co New +42,257+42.3k
Joel Adams & Associates, Inc. Added +27,884+27.9k
North Berkeley Wealth Management, LLC New +23,730+23.7k
Focus Partners Wealth Added +16,246+16.2k
GOLDMAN SACHS GROUP INC New +14,193+14.2k
Riverwater Partners LLC Added +13,160+13.2k
First Pacific Financial Added +12,851+12.9k
Rossby Financial, LCC Added +11,921+11.9k

Biggest sellers

AMERIPRISE FINANCIAL INC Reduced -11,492-11.5k
JPMORGAN CHASE & CO Reduced -7,469-7.5k
Kondo Wealth Advisors, Inc. Reduced -7,335-7.3k
Valtinson Bruner Financial Planning LLC Reduced -5,039-5.0k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -4,240-4.2k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -2,689-2.7k
Focus Partners Advisor Solutions, LLC Reduced -2,413-2.4k
Creative Planning Reduced -1,605-1.6k
PRINCIPAL SECURITIES, INC. Sold out -790-790
O'Brien Wealth Partners LLC Reduced -468-468

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 State Insurance Fund 100.00% of their portfolio NEW YORK, NY 2,697,6582.7m $227.3m $227.3m 100.00% Unchanged
2 Wealthspire Advisors, LLC 0.51% of their portfolio NEW YORK, NY 759,904759.9k $64.0m $64.0m 0.51% Added +43.6k +43,595
3 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 549,838549.8k $46.3m $46.3m 0.06% Reduced -2.7k -2,689
4 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 315,421315.4k $26.6m $26.6m 0.01% Reduced -11.5k -11,492
5 MERCER GLOBAL ADVISORS INC /ADV 0.04% of their portfolio DENVER, CO 277,996278.0k $23.4m $23.4m 0.04% Reduced -345 -345
6 O'Brien Wealth Partners LLC 3.10% of their portfolio Waltham, MA 277,873277.9k $23.4m $23.4m 3.10% Reduced -468 -468
7 OGOREK ANTHONY JOSEPH /NY/ /ADV 4.49% of their portfolio WILLIAMSVILLE, NY 193,760193.8k $16.3m $16.3m 4.49% Added +1.2k +1,183
8 Rossby Financial, LCC 4.61% of their portfolio MELBOURNE, FL 174,021174.0k $14.7m $14.7m 4.61% Added +11.9k +11,921
9 Legacy Advisors, LLC 1.05% of their portfolio PLYMOUTH MEETING, PA 115,572115.6k $9.7m $9.7m 1.05% New
10 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 96,00296.0k $8.1m $8.1m 0.00% Added +4.9k +4,924
11 LongView Asset Management LLC 5.57% of their portfolio SANTA FE, NM 94,82894.8k $8.0m $8.0m 5.57% Added +3.2k +3,240
12 Joel Adams & Associates, Inc. 5.19% of their portfolio ASHEVILLE, NC 81,92681.9k $6.9m $6.9m 5.19% Added +27.9k +27,884
13 CWM, LLC 0.02% of their portfolio OMAHA, NE 69,18569.2k $5.8m $5.8m 0.02% Added +4.4k +4,446
14 Sound Portfolio Advisors, LLC 4.85% of their portfolio MYSTIC, CT 68,55668.6k $5.8m $5.8m 4.85% First filing
15 Riverwater Partners LLC 1.64% of their portfolio Milwaukee, WI 50,27050.3k $4.2m $4.2m 1.64% Added +13.2k +13,160
16 Sandbox Financial Partners, LLC 1.05% of their portfolio BETHESDA, MD 44,95945.0k $3.8m $3.8m 1.05% Added +1.1k +1,071
17 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 43,89443.9k $3.7m $3.7m 0.00% Added +16.2k +16,246
18 Fiduciary Trust Co 0.04% of their portfolio Boston, MA 42,25742.3k $3.6m $3.6m 0.04% New
19 Global Endowment Management, LP 0.44% of their portfolio CHARLOTTE, NC 42,10142.1k $3.5m $3.5m 0.44% Reduced -345 -345
20 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 39,27539.3k $3.3m $3.3m 0.00% Reduced -1.6k -1,605
21 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 35,38635.4k $3.0m $3.0m 0.00% Reduced -4.2k -4,240
22 TRILLIUM ASSET MANAGEMENT, LLC 0.08% of their portfolio BOSTON, MA 32,94632.9k $2.8m $2.8m 0.08% Added +10.2k +10,156
23 Modern Wealth Management, LLC 0.04% of their portfolio KANSAS CITY, MO 28,14228.1k $2.4m $2.4m 0.04% Added +5.6k +5,574
24 Fulcrum Capital LLC 0.43% of their portfolio SEATTLE, WA 25,19325.2k $2.1m $2.1m 0.43% Added +94 +94
25 North Berkeley Wealth Management, LLC 1.18% of their portfolio Berkeley, CA 23,73023.7k $2.0m $2.0m 1.18% New
26 First Pacific Financial 0.24% of their portfolio VANCOUVER, WA 21,71721.7k $1.8m $1.8m 0.24% Added +12.9k +12,851
27 Pathway Financial Advisors LLC 0.22% of their portfolio SOUTH BURLINGTON, VT 20,07920.1k $1.7m $1.7m 0.22% Added +552 +552
28 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 19,70819.7k $1.7m $1.7m 0.01% Added +7.5k +7,499
29 Skyline Advisors, Inc. 0.55% of their portfolio BELLINGHAM, WA 19,48719.5k $1.6m $1.6m 0.55% Reduced -234 -234
30 EVOLVE PRIVATE WEALTH, LLC 0.10% of their portfolio LOS ANGELES, CA 19,34319.3k $1.6m $1.6m 0.10% First filing
31 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 16,97017.0k $1.4m $1.4m 0.00% Unchanged
32 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 14,32514.3k $1.2m $1.2m 0.01% Added +974 +974
33 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 14,19314.2k $1.2m $1.2m 0.00% New
34 Mariner, LLC 0.00% of their portfolio Overland Park, KS 10,59910.6k $892.8k $892.8k 0.00% Added +783 +783
35 LINCOLN CAPITAL CORP 0.31% of their portfolio EAST GREENWICH, RI 10,35010.3k $871.9k $871.9k 0.31% New
36 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 9,8519.9k $829.9k $829.9k 0.02% Added +767 +767
37 Kondo Wealth Advisors, Inc. 0.31% of their portfolio PASADENA, CA 9,5219.5k $802.0k $802.0k 0.31% Reduced -7.3k -7,335
38 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 9,5079.5k $801.0k $801.0k 0.00% Reduced -370 -370
39 Per Stirling Capital Management, LLC. 0.09% of their portfolio AUSTIN, TX 9,4319.4k $794.4k $794.4k 0.09% Added +3.1k +3,150
40 Laird Norton Wetherby Trust Company, LLC 0.01% of their portfolio Seattle, WA 8,5008.5k $716.0k $716.0k 0.01% New
41 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 8,2448.2k $694.0k $694.0k 0.00% Added +21 +21
42 Westfuller Advisors, LLC 0.25% of their portfolio New York, NY 7,4357.4k $626.3k $626.3k 0.25% New
43 Relyea Zuckerberg Hanson LLC 0.06% of their portfolio STAMFORD, CT 6,7106.7k $565.2k $565.2k 0.06% Added +23 +23
44 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 6,5296.5k $550.0k $550.0k 0.00% Added +1.2k +1,203
45 ENTRUST FINANCIAL LLC 0.37% of their portfolio WAYNE, PA 5,8635.9k $493.9k $493.9k 0.37% First filing
46 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 5,6705.7k $477.6k $477.6k 0.00% New
47 Heritage Wealth Advisors 0.02% of their portfolio RICHMOND, VA 4,8764.9k $410.8k $410.8k 0.02% Unchanged
48 NATURAL INVESTMENTS, LLC 0.10% of their portfolio WINDSOR, CA 4,6154.6k $388.0k $388.0k 0.10% New
49 Gemmer Asset Management LLC 0.03% of their portfolio WALNUT CREEK, CA 4,4844.5k $377.7k $377.7k 0.03% Added +15 +15
50 JOURNEY STRATEGIC WEALTH LLC 0.01% of their portfolio SUMMIT, NJ 4,4204.4k $372.3k $372.3k 0.01% Reduced -272 -272
51 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 4,2884.3k $361.2k $361.2k 0.00% Added +111 +111
52 Focus Partners Advisor Solutions, LLC 0.00% of their portfolio SAINT LOUIS, MO 4,2744.3k $360.0k $360.0k 0.00% Reduced -2.4k -2,413
53 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 3,7153.7k $313.0k $313.0k 0.00% Added +980 +980
54 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 3,6003.6k $303.3k $303.3k 0.01% Added +621 +621
55 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,5533.6k $299.3k $299.3k 0.00% Reduced -7.5k -7,469
56 Aaron Wealth Advisors LLC 0.02% of their portfolio Chicago, IL 3,5173.5k $296.3k $296.3k 0.02% Unchanged
57 Collaborative Wealth Managment Inc. 0.10% of their portfolio LAKE MARY, FL 3,4633.5k $291.7k $291.7k 0.10% Reduced -16 -16
58 TFC Financial Management, Inc. 0.04% of their portfolio BOSTON, MA 3,4523.5k $290.8k $290.8k 0.04% Added +587 +587
59 Valtinson Bruner Financial Planning LLC 0.08% of their portfolio NEW BRIGHTON, MN 3,1723.2k $267.2k $267.2k 0.08% Reduced -5.0k -5,039
60 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,7422.7k $231.0k $231.0k 0.00% Unchanged
61 Belpointe Asset Management LLC 0.01% of their portfolio RENO, NV 2,6752.7k $225.3k $225.3k 0.01% Added +14 +14
62 Arbor Investment Advisors, LLC 0.03% of their portfolio WINSTON SALEM, NC 2,4662.5k $207.8k $207.8k 0.03% New
63 CDKV HOLDINGS LLC 0.16% of their portfolio DENVER, CO 2,2112.2k $186.3k $186.3k 0.16% First filing
64 EVERMAY WEALTH MANAGEMENT LLC 0.02% of their portfolio ARLINGTON, VA 2,0092.0k $169.2k $169.2k 0.02% Unchanged
65 Triumph Capital Management 0.02% of their portfolio DENVER, CO 1,2201.2k $102.8k $102.8k 0.02% New
66 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 874874 $73.6k $73.6k 0.00% New
67 FMR LLC 0.00% of their portfolio BOSTON, MA 358358 $30.1k $30.1k 0.00% Unchanged
68 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 344344 $29.0k $29.0k 0.00% New
69 FLAGSHIP HARBOR ADVISORS, LLC 0.00% of their portfolio BOSTON, MA 200200 $16.8k $16.8k 0.00% New
70 Frazier Financial Advisors, LLC 0.00% of their portfolio COLUMBUS, OH 100100 $8.4k $8.4k 0.00% Unchanged
71 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 6565 $5.5k $5.5k 0.00% Unchanged
72 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 6060 $5.1k $5.1k 0.00% Added +10 +10
73 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 4040 $3.4k $3.4k 0.00% Unchanged