Vault-13

NORTHERN LTS FD TR IV FDLS

INSPIRE FIDELIS · ETP · CUSIP 66538H187

49 institutional holders +11 vs Q1 2026
3,114,7423.1m shares reported held*
$131.6mreported value*
17 new 22 added 9 reduced 6 sold out net bought ≈ $39.1m (+925.5k 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 ($4.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $42.27.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 6Q4 22: 6Q1 23: 9Q2 23: 10Q3 23: 12Q4 23: 11Q1 24: 13Q2 24: 18Q3 24: 16Q4 24: 16Q1 25: 19Q2 25: 24Q3 25: 25Q4 25: 35Q1 26: 38Q2 26: 4949Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 20226
Q4 20226
Q1 20239
Q2 202310
Q3 202312
Q4 202311
Q1 202413
Q2 202418
Q3 202416
Q4 202416
Q1 202519
Q2 202524
Q3 202525
Q4 202535
Q1 202638
Q2 202649

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 24: 12 bought or addedQ3 24: 7 cut or sold outQ4 24: 11 bought or addedQ4 24: 8 cut or sold outQ4 24Q1 25: 11 bought or addedQ1 25: 5 cut or sold outQ2 25: 15 bought or addedQ2 25: 7 cut or sold outQ2 25Q3 25: 17 bought or addedQ3 25: 12 cut or sold outQ4 25: 27 bought or addedQ4 25: 8 cut or sold outQ4 25Q1 26: 29 bought or addedQ1 26: 10 cut or sold outQ2 26: 39 bought or addedQ2 26: 15 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024127
Q4 2024118
Q1 2025115
Q2 2025157
Q3 20251712
Q4 2025278
Q1 20262910
Q2 20263915

Biggest buyers

Inspire Advisors, LLC Added +453,754+453.8k
CREATIVE FINANCIAL DESIGNS INC /ADV Added +181,417+181.4k
Cambridge Investment Research Advisors, Inc. Added +69,199+69.2k
GOLDMAN SACHS GROUP INC Added +67,110+67.1k
LPL Financial LLC Added +54,401+54.4k
Strategic Equity Management Added +27,303+27.3k
Simplicity Wealth,LLC New +23,068+23.1k
Discipline Wealth Solutions, LLC New +20,226+20.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +15,576+15.6k
CITADEL ADVISORS LLC New +15,318+15.3k

Biggest sellers

GTS SECURITIES LLC Sold out -45,958-46.0k
Frontier Asset Management, LLC Reduced -20,346-20.3k
ENVESTNET ASSET MANAGEMENT INC Reduced -19,220-19.2k
Envestnet Portfolio Solutions, Inc. Reduced -8,980-9.0k
Strategic Blueprint, LLC Sold out -8,795-8.8k
JANE STREET GROUP, LLC Sold out -8,730-8.7k
Ascentis Independent Advisors Sold out -7,375-7.4k
Arlington Capital Management, Inc. Sold out -7,293-7.3k
PRINCIPAL SECURITIES, INC. Sold out -6,136-6.1k
Sanctuary Advisors, LLC Reduced -1,107-1.1k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Inspire Advisors, LLC 3.59% of their portfolio Meridian, ID 1,220,4311.2m $51.6m $51.6m 3.59% Added +453.8k +453,754
2 CREATIVE FINANCIAL DESIGNS INC /ADV 0.91% of their portfolio KOKOMO, IN 452,893452.9k $19.1m $19.1m 0.91% Added +181.4k +181,417
3 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 182,936182.9k $7.7m $7.7m 0.00% Added +54.4k +54,401
4 Strategic Equity Management 2.32% of their portfolio TUCSON, AZ 163,636163.6k $6.9m $6.9m 2.32% Added +27.3k +27,303
5 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 122,258122.3k $5.2m $5.2m 0.01% Added +69.2k +69,199
6 AE Wealth Management LLC 0.02% of their portfolio TOPEKA, KS 108,218108.2k $4.6m $4.6m 0.02% Added +15.3k +15,312
7 PAX Financial Group, LLC 0.64% of their portfolio SAN ANTONIO, TX 102,053102.1k $4.3m $4.3m 0.64% Reduced -81 -81
8 Inspire Investing, LLC 0.17% of their portfolio MERIDIAN, ID 99,72299.7k $4.2m $4.2m 0.17% Added +11.2k +11,192
9 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 95,40795.4k $4.0m $4.0m 0.00% Added +67.1k +67,110
10 MONEYWISE, INC. 1.37% of their portfolio FOREST, VA 87,11387.1k $3.7m $3.7m 1.37% Added +14.0k +14,021
11 Belpointe Asset Management LLC 0.11% of their portfolio RENO, NV 78,58178.6k $3.3m $3.3m 0.11% Added +540 +540
12 OneAscent Financial Services LLC 0.14% of their portfolio BIRMINGHAM, AL 69,41069.4k $2.9m $2.9m 0.14% Added +4.2k +4,203
13 Frontier Asset Management, LLC 0.34% of their portfolio SHERIDAN, WY 45,05845.1k $1.9m $1.9m 0.34% Reduced -20.3k -20,346
14 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 43,00843.0k $1.8m $1.8m 0.00% Reduced -19.2k -19,220
15 Valmark Advisers, Inc. 0.02% of their portfolio AKRON, OH 35,71335.7k $1.5m $1.5m 0.02% Reduced -117 -117
16 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 35,13235.1k $1.5m $1.5m 0.00% Reduced -441 -441
17 Revisor Wealth Management LLC 0.27% of their portfolio AKRON, OH 26,63426.6k $1.1m $1.1m 0.27% Added +14.4k +14,392
18 Simplicity Wealth,LLC 0.03% of their portfolio SUMMIT, NJ 23,06823.1k $975.1k $975.1k 0.03% New
19 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 20,73620.7k $876.5k $876.5k 0.00% Added +12.0k +12,043
20 Discipline Wealth Solutions, LLC 0.07% of their portfolio GREENVILLE, SC 20,22620.2k $855.0k $855.0k 0.07% New
21 Pinnacle Financial Partners, Inc. 0.01% of their portfolio ATLANTA, GA 19,34619.3k $817.8k $817.8k 0.01% Added +12.2k +12,177
22 CARLSON FINANCIAL, INC. 0.37% of their portfolio CANBY, OR 17,38917.4k $734.9k $734.9k 0.37% Added +2.1k +2,109
23 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 15,57615.6k $658.4k $658.4k 0.00% New
24 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 15,31815.3k $647.5k $647.5k 0.00% New
25 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 15,04715.0k $636.0k $636.0k 0.00% Added +4.1k +4,092
26 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 13,72313.7k $580.1k $580.1k 0.00% Reduced -9.0k -8,980
27 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 11,93011.9k $504.3k $504.3k 0.00% New
28 Geneos Wealth Management Inc. 0.01% of their portfolio ENGLEWOOD, CO 9,7179.7k $410.7k $410.7k 0.01% Added +117 +117
29 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 8,8468.8k $373.9k $373.9k 0.00% Added +1.5k +1,506
30 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 8,6098.6k $363.9k $363.9k 0.00% Reduced -1.1k -1,107
31 Optivise Advisory Services LLC 0.18% of their portfolio FRANKLIN, TN 8,3728.4k $353.9k $353.9k 0.18% Reduced -436 -436
32 Schwallier Wealth Management LLC 0.20% of their portfolio GRAND RAPIDS, MI 7,5197.5k $317.8k $317.8k 0.20% New
33 Integrated Advisors Network LLC 0.01% of their portfolio DALLAS, TX 5,6025.6k $236.8k $236.8k 0.01% Unchanged
34 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 5,2715.3k $222.8k $222.8k 0.00% New
35 Van Diest Capital, LLC 0.18% of their portfolio POLY CITY, IA 4,8774.9k $206.2k $206.2k 0.18% New
36 LITTLEJOHN FINANCIAL SERVICES, INC. 0.15% of their portfolio ROSEBURG, OR 4,7974.8k $202.8k $202.8k 0.15% New
37 AdvisorNet Financial, Inc 0.01% of their portfolio MINNETONKA, MN 2,7352.7k $115.6k $115.6k 0.01% Added +2.4k +2,420
38 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 2,2952.3k $97.0k $97.0k 0.00% Added +1 +1
39 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,5481.5k $65.4k $65.4k 0.00% New
40 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 942942 $39.8k $39.8k 0.00% New
41 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 612612 $25.9k $25.9k 0.00% Reduced -3 -3
42 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 558558 $23.6k $23.6k 0.00% Added +548 +548
43 IFG Advisory, LLC 0.00% of their portfolio ATLANTA, GA 453453 $19.1k $19.1k 0.00% New
44 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 405405 $17.1k $17.1k 0.00% New
45 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 340340 $14.0k $14.0k 0.00% New
46 Institute for Wealth Management, LLC. 0.00% of their portfolio DENVER, CO 237237 $10.0k $10.0k 0.00% New
47 FMR LLC 0.00% of their portfolio BOSTON, MA 105105 $4.4k $4.4k 0.00% Added +51 +51
48 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 5959 $2.5k $2.5k 0.00% New
49 Main Street Group, LTD 0.00% of their portfolio GLEN ALLEN, VA 33 $127 $127 0.00% New