Vault-13

NORTHERN LTS FD TR IV IBD

INSPIRE CORP BD · ETP · CUSIP 66538H633

54 institutional holders +2 vs Q4 2022
9,179,9829.2m shares reported held*
$215.0mreported value*
7 new 26 added 15 reduced 5 sold out net bought ≈ $8.8m (+374.1k 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 ≈ $23.42.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 53Q4 22: 52Q1 23: 5454Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202253
Q4 202252
Q1 202354

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 27 bought or addedQ4 22: 27 cut or sold outQ4 22Q1 23: 33 bought or addedQ1 23: 20 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222727
Q1 20233320

Biggest buyers

Inspire Advisors, LLC Added +516,967+517.0k
Faithward Advisors, LLC Added +110,733+110.7k
PAX Financial Group, LLC Added +82,676+82.7k
SILVER OAK SECURITIES, INCORPORATED Added +38,440+38.4k
OSAIC HOLDINGS, INC. Added +36,208+36.2k
Belpointe Asset Management LLC Added +35,066+35.1k
VICUS CAPITAL New +33,209+33.2k
Range Financial Group LLC Added +14,744+14.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +13,880+13.9k
Simplicity Solutions, LLC New +11,370+11.4k

Biggest sellers

Inspire Investing, LLC Reduced -372,437-372.4k
JANE STREET GROUP, LLC Reduced -138,888-138.9k
Cetera Investment Advisers Reduced -16,026-16.0k
LPL Financial LLC Reduced -15,791-15.8k
First Heartland Consultants, Inc. Sold out -14,130-14.1k
LINCOLN NATIONAL CORP Sold out -13,211-13.2k
AE Wealth Management LLC Sold out -11,224-11.2k
Legacy Wealth Asset Management, LLC Reduced -5,308-5.3k
CreativeOne Wealth, LLC Reduced -4,822-4.8k
StoneX Group Inc. Reduced -2,430-2.4k

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Inspire Advisors, LLC 16.98% of their portfolio Meridian, ID 3,163,4133.2m $74.1m $74.1m 16.98% Added +517.0k +516,967
2 Faithward Advisors, LLC 8.13% of their portfolio LANCASTER, PA 1,528,1801.5m $35.9m $35.9m 8.13% Added +110.7k +110,733
3 Inspire Investing, LLC 3.74% of their portfolio MERIDIAN, ID 1,256,2501.3m $29.4m $29.4m 3.74% Reduced -372.4k -372,437
4 CreativeOne Wealth, LLC 0.81% of their portfolio OVERLAND PARK, KS 702,767702.8k $16.5m $16.5m 0.81% Reduced -4.8k -4,822
5 PAX Financial Group, LLC 2.82% of their portfolio SAN ANTONIO, TX 502,148502.1k $11.8m $11.8m 2.82% Added +82.7k +82,676
6 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 335,194335.2k $7.8m $7.8m 0.01% Added +36.2k +36,208
7 CREATIVE FINANCIAL DESIGNS INC /ADV 0.84% of their portfolio KOKOMO, IN 275,094275.1k $6.4m $6.4m 0.84% Reduced -459 -459
8 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 142,919142.9k $3.3m $3.3m 0.00% Added +5.5k +5,515
9 Legacy Wealth Asset Management, LLC 1.09% of their portfolio WOODBURY, MN 128,540128.5k $3.0m $3.0m 1.09% Reduced -5.3k -5,308
10 Keel Point, LLC 0.35% of their portfolio HUNTSVILLE, AL 102,578102.6k $2.4m $2.4m 0.35% Added +2.8k +2,810
11 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 93,15793.2k $2.2m $2.2m 0.00% Reduced -15.8k -15,791
12 AlphaStar Capital Management, LLC 0.17% of their portfolio CORNELIUS, NC 83,50183.5k $2.0m $2.0m 0.17% Reduced -1.8k -1,808
13 LVZ, Inc. 0.28% of their portfolio Holland, MI 81,29181.3k $1.9m $1.9m 0.28% Added +1.4k +1,351
14 Values First Advisors, Inc. 1.04% of their portfolio JOHNSON CITY, TN 70,05270.1k $1.6m $1.6m 1.04% Added +2.2k +2,164
15 Paradiem, LLC 0.44% of their portfolio COVINGTON, LA 60,57860.6k $1.4m $1.4m 0.44% Added +732 +732
16 SILVER OAK SECURITIES, INCORPORATED 0.22% of their portfolio JACKSON, TN 57,99658.0k $1.4m $1.4m 0.22% Added +38.4k +38,440
17 Belpointe Asset Management LLC 0.07% of their portfolio RENO, NV 55,35055.4k $1.3m $1.3m 0.07% Added +35.1k +35,066
18 Atria Wealth Solutions, Inc. 0.02% of their portfolio NEW YORK, NY 49,06349.1k $1.2m $1.2m 0.02% Added +4.2k +4,208
19 Astoria Portfolio Advisors LLC. 0.44% of their portfolio NEW YORK, NY 43,90643.9k $1.0m $1.0m 0.44% Added +371 +371
20 Range Financial Group LLC 0.66% of their portfolio TIGARD, OR 42,92242.9k $1.0m $1.0m 0.66% Added +14.7k +14,744
21 StoneX Group Inc. 0.11% of their portfolio NEW YORK, NY 42,02242.0k $985.6k $985.6k 0.11% Reduced -2.4k -2,430
22 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 38,02038.0k $890.0k $890.0k 0.00% Added +2.8k +2,820
23 VICUS CAPITAL 0.08% of their portfolio STATE COLLEGE, PA 33,20933.2k $777.4k $777.4k 0.08% New
24 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 27,65827.7k $647.0k $647.0k 0.00% Added +9.9k +9,931
25 Financial Advocates Investment Management 0.04% of their portfolio OLYMPIA, WA 22,77422.8k $533.1k $533.1k 0.04% Reduced -1.2k -1,198
26 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 20,96721.0k $490.8k $490.8k 0.01% Reduced -224 -224
27 Merit Financial Group, LLC 0.02% of their portfolio ALPHARETTA, GA 19,84219.8k $464.5k $464.5k 0.02% Added +4.8k +4,824
28 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 17,86717.9k $418.0k $418.0k 0.00% Added +7.5k +7,461
29 Cyndeo Wealth Partners, LLC 0.04% of their portfolio ST. PETERSBURG, FL 14,67614.7k $343.6k $343.6k 0.04% Added +357 +357
30 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 13,88013.9k $324.9k $324.9k 0.00% New
31 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 13,75713.8k $322.0k $322.0k 0.00% Reduced -588 -588
32 TrueWealth Advisors, LLC 0.12% of their portfolio BIRMINGHAM, AL 12,72412.7k $297.9k $297.9k 0.12% Added +3.3k +3,285
33 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 12,62012.6k $296.0k $296.0k 0.00% Reduced -746 -746
34 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 12,51112.5k $292.9k $292.9k 0.00% Reduced -16.0k -16,026
35 AIFG Consultants Ltd. 0.23% of their portfolio HALFMOON, NY 11,49211.5k $269.0k $269.0k 0.23% Added +1.1k +1,120
36 McElhenny Sheffield Capital Management, LLC 0.14% of their portfolio DALLAS, TX 11,45011.4k $268.0k $268.0k 0.14% Added +465 +465
37 Simplicity Solutions, LLC 0.01% of their portfolio MINNEAPOLIS, MN 11,37011.4k $266.2k $266.2k 0.01% New
38 Allen Capital Group, LLC 0.05% of their portfolio GRAND ISLAND, NE 11,21311.2k $262.5k $262.5k 0.05% New
39 LaSalle St. Investment Advisors, LLC 0.11% of their portfolio ELMHURST, IL 10,83910.8k $253.0k $253.0k 0.11% Added +1.9k +1,899
40 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 10,47610.5k $245.2k $245.2k 0.00% Reduced -138.9k -138,888
41 OneAscent Financial Services LLC 0.09% of their portfolio BIRMINGHAM, AL 9,6889.7k $227.0k $227.0k 0.09% New
42 Gradient Investments LLC 0.00% of their portfolio ARDEN HILLS, MN 6,1056.1k $142.9k $142.9k 0.00% Added +5.6k +5,646
43 CWM, LLC 0.00% of their portfolio OMAHA, NE 5,0755.1k $119.0k $119.0k 0.00% Unchanged
44 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 4,0354.0k $94.5k $94.5k 0.00% Added +3.4k +3,420
45 EverSource Wealth Advisors, LLC 0.01% of their portfolio BIRMINGHAM, AL 3,9874.0k $93.3k $93.3k 0.01% Reduced -50 -50
46 JAMES INVESTMENT RESEARCH, INC. 0.01% of their portfolio ALPHA, OH 3,1293.1k $73.0k $73.0k 0.01% Added +2.5k +2,500
47 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,0002.0k $46.8k $46.8k 0.00% Unchanged
48 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 1,2431.2k $29.1k $29.1k 0.00% New
49 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 278278 $6.5k $6.5k 0.00% Unchanged
50 Horizon Investments, LLC 0.00% of their portfolio Charlotte, NC 7474 $1.7k $1.7k 0.00% New
51 Glen Eagle Advisors, LLC 0.00% of their portfolio KINGSTON, NJ 6565 $1.5k $1.5k 0.00% Unchanged
52 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 3737 $875 $875 0.00% Unchanged
53 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 00 $4 $4 0.00% Reduced -1 -1
54 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged