Vault-13

NORTHERN LTS FD TR IV FDLS

INSPIRE FIDELIS · ETP · CUSIP 66538H187

18 institutional holders +5 vs Q1 2024
1,025,1401.0m shares reported held*
$30.3mreported value*
6 new 5 added 5 reduced 2 sold out net sold ≈ $5.6m (-188.9k 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 ($3.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $29.57.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

01020Q3 22: 6Q4 22: 6Q1 23: 9Q2 23: 10Q3 23: 12Q4 23: 11Q1 24: 13Q2 24: 1818Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 20226
Q4 20226
Q1 20239
Q2 202310
Q3 202312
Q4 202311
Q1 202413
Q2 202418

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 4 bought or addedQ4 22: 1 cut or sold outQ4 22Q1 23: 6 bought or addedQ1 23: 2 cut or sold outQ2 23: 8 bought or addedQ2 23: 4 cut or sold outQ2 23Q3 23: 6 bought or addedQ3 23: 4 cut or sold outQ4 23: 5 bought or addedQ4 23: 7 cut or sold outQ4 23Q1 24: 9 bought or addedQ1 24: 4 cut or sold outQ2 24: 11 bought or addedQ2 24: 7 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 202241
Q1 202362
Q2 202384
Q3 202364
Q4 202357
Q1 202494
Q2 2024117

Biggest buyers

Frontier Asset Management, LLC New +28,143+28.1k
OneAscent Financial Services LLC Added +15,399+15.4k
ENVESTNET ASSET MANAGEMENT INC New +10,241+10.2k
AE Wealth Management LLC Added +3,291+3.3k
First Heartland Consultants, Inc. Added +3,223+3.2k
CREATIVE FINANCIAL DESIGNS INC /ADV Added +1,571+1.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +825+825
PRINCIPAL SECURITIES, INC. New +466+466
Gradient Investments LLC New +204+204
Camelot Portfolios, LLC New +29+29

Biggest sellers

GOLDMAN SACHS GROUP INC Reduced -103,697-103.7k
Inspire Advisors, LLC Reduced -65,153-65.2k
Inspire Investing, LLC Reduced -33,407-33.4k
Belpointe Asset Management LLC Sold out -25,785-25.8k
PAX Financial Group, LLC Reduced -12,040-12.0k
CITADEL ADVISORS LLC Sold out -10,348-10.3k
Cambridge Investment Research Advisors, Inc. Reduced -1,904-1.9k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Inspire Advisors, LLC 2.55% of their portfolio Meridian, ID 649,571649.6k $19.2m $19.2m 2.55% Reduced -65.2k -65,153
2 PAX Financial Group, LLC 1.20% of their portfolio SAN ANTONIO, TX 208,344208.3k $6.2m $6.2m 1.20% Reduced -12.0k -12,040
3 Inspire Investing, LLC 0.40% of their portfolio MERIDIAN, ID 118,342118.3k $3.5m $3.5m 0.40% Reduced -33.4k -33,407
4 OneAscent Financial Services LLC 0.28% of their portfolio BIRMINGHAM, AL 67,22467.2k $2.0m $2.0m 0.28% Added +15.4k +15,399
5 Frontier Asset Management, LLC 0.30% of their portfolio SHERIDAN, WY 28,14328.1k $832.2k $832.2k 0.30% New
6 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 14,76814.8k $436.7k $436.7k 0.00% Added +3.3k +3,291
7 First Heartland Consultants, Inc. 0.04% of their portfolio LAKE ST. LOUIS, MO 14,47914.5k $428.0k $428.0k 0.04% Added +3.2k +3,223
8 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 13,45513.5k $397.9k $397.9k 0.00% Reduced -103.7k -103,697
9 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 10,24110.2k $302.8k $302.8k 0.00% New
10 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 7,9117.9k $233.9k $233.9k 0.00% Added +825 +825
11 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 6,8096.8k $201.0k $201.0k 0.00% Reduced -1.9k -1,904
12 CREATIVE FINANCIAL DESIGNS INC /ADV 0.01% of their portfolio KOKOMO, IN 3,2913.3k $97.3k $97.3k 0.01% Added +1.6k +1,571
13 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 466466 $13.8k $13.8k 0.00% New
14 Gradient Investments LLC 0.00% of their portfolio ARDEN HILLS, MN 204204 $6.0k $6.0k 0.00% New
15 Mattson Financial Services, LLC 0.00% of their portfolio KENTWOOD, MI 204204 $6.0k $6.0k 0.00% First filing
16 Camelot Portfolios, LLC 0.00% of their portfolio Maumee, OH 2929 $859 $859 0.00% New
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 11 $35 $35 0.00% New
18 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged