Vault-13

NORTHERN LTS FD TR IV BUYW

MAIN BUYWRITE · ETP · CUSIP 66538H179

71 institutional holders +0 vs Q1 2026
76,809,69076.8m shares reported held*
$1.1bnreported value*
12 new 37 added 16 reduced 12 sold out net bought ≈ $89.7m (+6.2m 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 ($1.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $14.45.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 12Q4 22: 20Q1 23: 28Q2 23: 33Q3 23: 32Q4 23: 43Q1 24: 47Q2 24: 51Q3 24: 50Q4 24: 63Q1 25: 63Q2 25: 59Q3 25: 67Q4 25: 67Q1 26: 71Q2 26: 7171Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202212
Q4 202220
Q1 202328
Q2 202333
Q3 202332
Q4 202343
Q1 202447
Q2 202451
Q3 202450
Q4 202463
Q1 202563
Q2 202559
Q3 202567
Q4 202567
Q1 202671
Q2 202671

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 35 bought or addedQ3 24: 22 cut or sold outQ4 24: 42 bought or addedQ4 24: 12 cut or sold outQ4 24Q1 25: 37 bought or addedQ1 25: 29 cut or sold outQ2 25: 41 bought or addedQ2 25: 21 cut or sold outQ2 25Q3 25: 46 bought or addedQ3 25: 20 cut or sold outQ4 25: 51 bought or addedQ4 25: 17 cut or sold outQ4 25Q1 26: 54 bought or addedQ1 26: 24 cut or sold outQ2 26: 49 bought or addedQ2 26: 28 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20243522
Q4 20244212
Q1 20253729
Q2 20254121
Q3 20254620
Q4 20255117
Q1 20265424
Q2 20264928

Biggest buyers

LPL Financial LLC Added +4,786,720+4.8m
Orion Porfolio Solutions, LLC Added +900,428+900.4k
San Luis Wealth Advisors LLC Added +354,467+354.5k
Cambridge Investment Research Advisors, Inc. Added +328,838+328.8k
POTOMAC FUND MANAGEMENT INC /ADV Added +79,140+79.1k
OSAIC HOLDINGS, INC. Added +71,681+71.7k
Ashton Thomas Private Wealth, LLC Added +60,233+60.2k
Sonoma Allocations LLC Added +47,738+47.7k
GOLDMAN SACHS GROUP INC Added +44,274+44.3k
GWN SECURITIES INC. Added +39,862+39.9k

Biggest sellers

Main Management LLC Reduced -406,258-406.3k
Foundations Investment Advisors, LLC Sold out -187,588-187.6k
ENVESTNET ASSET MANAGEMENT INC Reduced -110,494-110.5k
Sigma Planning Corp Sold out -54,349-54.3k
Cetera Investment Advisers Reduced -25,071-25.1k
World Investment Advisors Reduced -23,639-23.6k
Richmond Investment Services, LLC Sold out -23,322-23.3k
MONEYWISE, INC. Sold out -16,107-16.1k
Strategic Equity Management Sold out -16,107-16.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -11,425-11.4k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Orion Porfolio Solutions, LLC 2.61% of their portfolio OMAHA, NE 23,594,57823.6m $340.9m $340.9m 2.61% Added +900.4k +900,428
2 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 22,846,73822.8m $330.1m $330.1m 0.07% Added +4.8m +4,786,720
3 Main Management LLC 9.87% of their portfolio SAN FRANCISCO, CA 10,166,31910.2m $146.9m $146.9m 9.87% Reduced -406.3k -406,258
4 OSAIC HOLDINGS, INC. 0.13% of their portfolio SCOTTSDALE, AZ 7,411,8167.4m $107.1m $107.1m 0.13% Added +71.7k +71,681
5 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 2,534,7732.5m $36.6m $36.6m 0.01% Reduced -110.5k -110,494
6 San Luis Wealth Advisors LLC 2.65% of their portfolio SAN LUIS OBISPO, CA 1,220,4571.2m $17.6m $17.6m 2.65% Added +354.5k +354,467
7 Encompass More Asset Management 2.40% of their portfolio Danville, CA 1,129,4011.1m $16.3m $16.3m 2.40% Added +31.3k +31,288
8 Madrona Financial Services, LLC 2.51% of their portfolio EVERETT, WA 941,305941.3k $13.6m $13.6m 2.51% Added +1.4k +1,386
9 POTOMAC FUND MANAGEMENT INC /ADV 0.29% of their portfolio BETHESDA, MD 792,716792.7k $11.5m $11.5m 0.29% Added +79.1k +79,140
10 Virtue Capital Management, LLC 1.18% of their portfolio BRENTWOOD, TN 614,069614.1k $8.9m $8.9m 1.18% Reduced -11.1k -11,140
11 AMG Asset Management Group, Inc. 5.27% of their portfolio CARTERSVILLE, GA 582,661582.7k $8.4m $8.4m 5.27% Added +17.5k +17,524
12 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 510,964511.0k $7.4m $7.4m 0.01% Added +328.8k +328,838
13 Ashton Thomas Private Wealth, LLC 0.13% of their portfolio SCOTTSDALE, AZ 416,325416.3k $6.0m $6.0m 0.13% Added +60.2k +60,233
14 Echo45 Advisors LLC 2.57% of their portfolio WALNUT CREEK, CA 344,192344.2k $5.0m $5.0m 2.57% Added +22.7k +22,661
15 GWN SECURITIES INC. 0.69% of their portfolio Palm Beach Gardens, FL 287,577287.6k $4.2m $4.2m 0.69% Added +39.9k +39,862
16 World Investment Advisors 0.06% of their portfolio LINCROFT, NJ 259,061259.1k $3.7m $3.7m 0.06% Reduced -23.6k -23,639
17 Copley Financial Group, Inc. 2.15% of their portfolio SAN DIEGO, CA 245,634245.6k $3.5m $3.5m 2.15% Added +26.1k +26,130
18 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 240,604240.6k $3.5m $3.5m 0.00% Reduced -25.1k -25,071
19 Global Retirement Partners, LLC 0.05% of their portfolio San Rafael, CA 217,126217.1k $3.1m $3.1m 0.05% First filing
20 Tactive Advisors, LLC 0.74% of their portfolio Jacksonville, FL 207,434207.4k $3.0m $3.0m 0.74% Added +2.2k +2,211
21 Pine Valley Investments Ltd Liability Co 0.11% of their portfolio MARLTON, NJ 182,142182.1k $2.6m $2.6m 0.11% Added +19.0k +18,958
22 Dynamic Advisor Solutions LLC 0.07% of their portfolio PHOENIX, AZ 179,870179.9k $2.6m $2.6m 0.07% Added +35.5k +35,514
23 INTEGRITY ALLIANCE, LLC. 0.08% of their portfolio Urbandale, IA 168,750168.8k $2.4m $2.4m 0.08% Added +2.6k +2,644
24 Sonoma Allocations LLC 0.73% of their portfolio SANTA ROSA, CA 161,272161.3k $2.3m $2.3m 0.73% Added +47.7k +47,738
25 INDEPENDENT FINANCIAL GROUP, LLC 0.04% of their portfolio SAN DIEGO, CA 160,679160.7k $2.3m $2.3m 0.04% Reduced -8.8k -8,765
26 SILVER OAK SECURITIES, INCORPORATED 0.11% of their portfolio JACKSON, TN 126,949126.9k $1.8m $1.8m 0.11% Reduced -414 -414
27 GeoWealth Management, LLC 0.05% of their portfolio CHICAGO, IL 115,075115.1k $1.7m $1.7m 0.05% Added +23.3k +23,272
28 CreativeOne Wealth, LLC 0.04% of their portfolio OVERLAND PARK, KS 112,624112.6k $1.6m $1.6m 0.04% Added +9.1k +9,080
29 Silver Grove Financial Group, Inc. 0.66% of their portfolio ORCHARD PARK, NY 84,68984.7k $1.2m $1.2m 0.66% Added +3.8k +3,821
30 United Advisor Group, LLC 0.13% of their portfolio CINCINNATI, OH 82,86382.9k $1.2m $1.2m 0.13% Added +13.9k +13,870
31 CFS Investment Advisory Services, LLC 0.08% of their portfolio TOTOWA, NJ 79,80679.8k $1.2m $1.2m 0.08% Added +291 +291
32 Tortuga Wealth Management, Inc 0.87% of their portfolio TORRANCE, CA 79,63479.6k $1.2m $1.2m 0.87% Added +6.3k +6,266
33 Astoria Portfolio Advisors LLC. 0.18% of their portfolio NEW YORK, NY 74,79074.8k $1.1m $1.1m 0.18% Added +1.1k +1,111
34 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 73,92773.9k $1.1m $1.1m 0.00% Added +44.3k +44,274
35 Ausdal Financial Partners, Inc. 0.04% of their portfolio Davenport, IA 73,16673.2k $1.1m $1.1m 0.04% Reduced -1.1k -1,053
36 Mutual Advisors, LLC 0.02% of their portfolio OMAHA, NE 69,47569.5k $1.0m $1.0m 0.02% Added +11.7k +11,713
37 COLDSTREAM CAPITAL MANAGEMENT INC 0.01% of their portfolio BELLEVUE, WA 69,22669.2k $1.0m $1.0m 0.01% Added +34.1k +34,110
38 VICTORY FINANCIAL GROUP, LLC 0.08% of their portfolio AUSTIN, TX 53,37753.4k $771.3k $771.3k 0.08% Added +15.3k +15,336
39 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 52,51252.5k $758.8k $758.8k 0.00% Added +2.2k +2,219
40 MONEY CONCEPTS CAPITAL CORP 0.02% of their portfolio PALM BEACH GARDENS, FL 31,61231.6k $456.8k $456.8k 0.02% Added +2.1k +2,100
41 PFG Advisors 0.02% of their portfolio Phoenix, AZ 29,53729.5k $426.8k $426.8k 0.02% Added +2.0k +2,038
42 KINGSWOOD WEALTH ADVISORS, LLC 0.02% of their portfolio SAN DIEGO, CA 29,52029.5k $426.6k $426.6k 0.02% Added +244 +244
43 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 28,05928.1k $405.5k $405.5k 0.00% New
44 Koshinski Asset Management, Inc. 0.02% of their portfolio DECATUR, IL 27,58427.6k $398.6k $398.6k 0.02% Added +1.6k +1,612
45 Integrity Advisory Solutions, LLC 0.04% of their portfolio DALLAS, TX 24,56524.6k $355.0k $355.0k 0.04% Added +6.6k +6,637
46 Mission Financial Group, LLC 0.26% of their portfolio HONOLULU, HI 21,38521.4k $309.0k $309.0k 0.26% First filing
47 Signal Advisors Wealth, LLC 0.02% of their portfolio DETROIT, MI 20,33620.3k $293.9k $293.9k 0.02% New
48 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 20,12520.1k $290.8k $290.8k 0.00% Reduced -410 -410
49 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 19,70019.7k $284.7k $284.7k 0.00% Reduced -1.7k -1,728
50 Balefire, LLC 0.04% of their portfolio DALLAS, TX 17,07317.1k $246.7k $246.7k 0.04% Reduced -1.5k -1,490
51 Triad Wealth Partners, LLC 0.01% of their portfolio LAWRENCE, KS 15,76615.8k $229.1k $229.1k 0.01% New
52 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 14,84814.8k $214.6k $214.6k 0.00% New
53 OLD MISSION CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 10,97611.0k $158.6k $158.6k 0.00% New
54 PACIFIC FINANCIAL GROUP INC 0.07% of their portfolio NASHVILLE, TN 10,74210.7k $155.2k $155.2k 0.07% New
55 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 10,25810.3k $148.2k $148.2k 0.00% New
56 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 10,01510.0k $144.7k $144.7k 0.00% Added +810 +810
57 Synergy Investment Management, LLC 0.03% of their portfolio ALTAMONTE SPRINGS, FL 8,0608.1k $116.5k $116.5k 0.03% Reduced -31 -31
58 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 3,8963.9k $56.3k $56.3k 0.00% Added +3.2k +3,239
59 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 2,4882.5k $36.0k $36.0k 0.00% Unchanged
60 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,0381.0k $15.0k $15.0k 0.00% Unchanged
61 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 987987 $14.3k $14.3k 0.00% Reduced -287 -287
62 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 558558 $8.1k $8.1k 0.00% New
63 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 435435 $6.3k $6.3k 0.00% Reduced -435 -435
64 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 325325 $4.7k $4.7k 0.00% Reduced -10.5k -10,496
65 Fortis Group Advisors, LLC 0.00% of their portfolio WESTWOOD, NJ 7474 $1.1k $1.1k 0.00% Unchanged
66 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 5555 $795 $795 0.00% New
67 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 5454 $778 $778 0.00% New
68 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 5050 $722 $722 0.00% Reduced -29 -29
69 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4141 $592 $592 0.00% New
70 Buck Wealth Strategies, LLC 0.00% of their portfolio DENVER, CO 2626 $376 $376 0.00% New
71 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $13 $13 0.00% Unchanged