Vault-13

NORTHERN LTS FD TR IV IBD

INSPIRE CORP BD · ETP · CUSIP 66538H633

52 institutional holders -2 vs Q1 2023
10,959,12111.0m shares reported held*
$253.1mreported value*
4 new 31 added 14 reduced 6 sold out net bought ≈ $41.1m (+1.8m 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 ≈ $23.09.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 53Q4 22: 52Q1 23: 54Q2 23: 5252Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202253
Q4 202252
Q1 202354
Q2 202352

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 23Q2 23: 35 bought or addedQ2 23: 20 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222727
Q1 20233320
Q2 20233520

Biggest buyers

CreativeOne Wealth, LLC Added +706,452+706.5k
Inspire Advisors, LLC Added +506,571+506.6k
JANE STREET GROUP, LLC Added +463,906+463.9k
CREATIVE FINANCIAL DESIGNS INC /ADV Added +183,879+183.9k
LVZ, Inc. Added +79,697+79.7k
SILVER OAK SECURITIES, INCORPORATED Added +53,159+53.2k
Belpointe Asset Management LLC Added +25,208+25.2k
OLD MISSION CAPITAL LLC New +22,321+22.3k
Merit Financial Group, LLC Added +20,575+20.6k
PAX Financial Group, LLC Added +16,544+16.5k

Biggest sellers

Inspire Investing, LLC Reduced -125,717-125.7k
Faithward Advisors, LLC Reduced -117,946-117.9k
Values First Advisors, Inc. Reduced -69,036-69.0k
StoneX Group Inc. Reduced -26,647-26.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -13,880-13.9k
AIFG Consultants Ltd. Sold out -11,492-11.5k
OneAscent Financial Services LLC Sold out -9,688-9.7k
AlphaStar Capital Management, LLC Reduced -5,587-5.6k
Advisory Services Network, LLC Sold out -4,035-4.0k
JAMES INVESTMENT RESEARCH, INC. Sold out -3,129-3.1k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Inspire Advisors, LLC 16.35% of their portfolio Meridian, ID 3,669,9843.7m $84.7m $84.7m 16.35% Added +506.6k +506,571
2 Faithward Advisors, LLC 7.47% of their portfolio LANCASTER, PA 1,410,2341.4m $32.4m $32.4m 7.47% Reduced -117.9k -117,946
3 CreativeOne Wealth, LLC 0.82% of their portfolio OVERLAND PARK, KS 1,409,2191.4m $32.8m $32.8m 0.82% Added +706.5k +706,452
4 Inspire Investing, LLC 3.16% of their portfolio MERIDIAN, ID 1,130,5331.1m $26.1m $26.1m 3.16% Reduced -125.7k -125,717
5 PAX Financial Group, LLC 2.71% of their portfolio SAN ANTONIO, TX 518,692518.7k $12.0m $12.0m 2.71% Added +16.5k +16,544
6 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 474,382474.4k $11.0m $11.0m 0.01% Added +463.9k +463,906
7 CREATIVE FINANCIAL DESIGNS INC /ADV 1.25% of their portfolio KOKOMO, IN 458,973459.0k $10.6m $10.6m 1.25% Added +183.9k +183,879
8 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 338,929338.9k $7.8m $7.8m 0.01% Added +3.7k +3,735
9 LVZ, Inc. 0.52% of their portfolio Holland, MI 160,988161.0k $3.7m $3.7m 0.52% Added +79.7k +79,697
10 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 140,986141.0k $3.3m $3.3m 0.00% Reduced -1.9k -1,933
11 Legacy Wealth Asset Management, LLC 1.06% of their portfolio WOODBURY, MN 131,040131.0k $3.0m $3.0m 1.06% Added +2.5k +2,500
12 SILVER OAK SECURITIES, INCORPORATED 0.41% of their portfolio JACKSON, TN 111,155111.2k $2.6m $2.6m 0.41% Added +53.2k +53,159
13 Keel Point, LLC 0.32% of their portfolio HUNTSVILLE, AL 103,966104.0k $2.4m $2.4m 0.32% Added +1.4k +1,388
14 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 94,59694.6k $2.2m $2.2m 0.00% Added +1.4k +1,439
15 Belpointe Asset Management LLC 0.20% of their portfolio RENO, NV 80,55880.6k $1.9m $1.9m 0.20% Added +25.2k +25,208
16 AlphaStar Capital Management, LLC 0.20% of their portfolio CORNELIUS, NC 77,91477.9k $1.8m $1.8m 0.20% Reduced -5.6k -5,587
17 Paradiem, LLC 0.39% of their portfolio COVINGTON, LA 58,90858.9k $1.4m $1.4m 0.39% Reduced -1.7k -1,670
18 Range Financial Group LLC 0.86% of their portfolio TIGARD, OR 58,80658.8k $1.4m $1.4m 0.86% Added +15.9k +15,884
19 Atria Wealth Solutions, Inc. 0.02% of their portfolio NEW YORK, NY 48,62648.6k $1.1m $1.1m 0.02% Reduced -437 -437
20 VICUS CAPITAL 0.11% of their portfolio STATE COLLEGE, PA 47,64247.6k $1.1m $1.1m 0.11% Added +14.4k +14,433
21 Astoria Portfolio Advisors LLC. 0.42% of their portfolio NEW YORK, NY 46,23546.2k $1.1m $1.1m 0.42% Added +2.3k +2,329
22 Merit Financial Group, LLC 0.03% of their portfolio ALPHARETTA, GA 40,41740.4k $933.2k $933.2k 0.03% Added +20.6k +20,575
23 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 37,19837.2k $858.9k $858.9k 0.00% Reduced -822 -822
24 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 32,09832.1k $741.0k $741.0k 0.00% Added +4.4k +4,440
25 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 24,45124.5k $564.6k $564.6k 0.01% Added +3.5k +3,484
26 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 24,33724.3k $561.9k $561.9k 0.00% Added +11.8k +11,826
27 McElhenny Sheffield Capital Management, LLC 0.23% of their portfolio DALLAS, TX 23,52223.5k $543.1k $543.1k 0.23% Added +12.1k +12,072
28 OLD MISSION CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 22,32122.3k $515.4k $515.4k 0.02% New
29 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 22,28722.3k $515.0k $515.0k 0.00% Added +4.4k +4,420
30 Financial Advocates Investment Management 0.04% of their portfolio OLYMPIA, WA 22,17422.2k $512.0k $512.0k 0.04% Reduced -600 -600
31 Simplicity Solutions, LLC 0.01% of their portfolio MINNEAPOLIS, MN 21,07121.1k $486.5k $486.5k 0.01% Added +9.7k +9,701
32 StoneX Group Inc. 0.04% of their portfolio NEW YORK, NY 15,37515.4k $355.0k $355.0k 0.04% Reduced -26.6k -26,647
33 Cyndeo Wealth Partners, LLC 0.04% of their portfolio ST. PETERSBURG, FL 15,09815.1k $348.6k $348.6k 0.04% Added +422 +422
34 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 13,53013.5k $312.0k $312.0k 0.00% Reduced -227 -227
35 TrueWealth Advisors, LLC 0.13% of their portfolio BIRMINGHAM, AL 13,26313.3k $306.2k $306.2k 0.13% Added +539 +539
36 LaSalle St. Investment Advisors, LLC 0.14% of their portfolio ELMHURST, IL 13,21413.2k $305.0k $305.0k 0.14% Added +2.4k +2,375
37 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 12,49512.5k $289.0k $289.0k 0.00% Reduced -125 -125
38 Allen Capital Group, LLC 0.05% of their portfolio GRAND ISLAND, NE 11,21311.2k $258.9k $258.9k 0.05% Unchanged
39 Gradient Investments LLC 0.00% of their portfolio ARDEN HILLS, MN 5,6465.6k $130.4k $130.4k 0.00% Reduced -459 -459
40 CWM, LLC 0.00% of their portfolio OMAHA, NE 5,0755.1k $117.0k $117.0k 0.00% Unchanged
41 EverSource Wealth Advisors, LLC 0.01% of their portfolio BIRMINGHAM, AL 2,8762.9k $66.4k $66.4k 0.01% Reduced -1.1k -1,111
42 OLIVER LAGORE VANVALIN INVESTMENT GROUP 0.02% of their portfolio FLINT, MI 2,4782.5k $57.2k $57.2k 0.02% New
43 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,0062.0k $46.3k $46.3k 0.00% Added +6 +6
44 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 1,6901.7k $39.0k $39.0k 0.00% Added +1.7k +1,690
45 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 1,2631.3k $29.2k $29.2k 0.00% Added +985 +985
46 Values First Advisors, Inc. 0.01% of their portfolio JOHNSON CITY, TN 1,0161.0k $23.5k $23.5k 0.01% Reduced -69.0k -69,036
47 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 422422 $9.7k $9.7k 0.00% Added +385 +385
48 Horizon Investments, LLC 0.00% of their portfolio Charlotte, NC 7474 $1.7k $1.7k 0.00% Unchanged
49 Glen Eagle Advisors, LLC 0.00% of their portfolio KINGSTON, NJ 6666 $1.5k $1.5k 0.00% Added +1 +1
50 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 6565 $1.5k $1.5k 0.00% New
51 UBS Group AG 0.00% of their portfolio ZURICH, V8 1313 $300 $300 0.00% New
52 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $14 $14 0.00% Added +1 +1