Vault-13

NORTHERN LTS FD TR IV IBD

INSPIRE CORP BD · ETP · CUSIP 66538H633

96 institutional holders +2 vs Q1 2025
11,542,00011.5m shares reported held*
$277.1mreported value*
11 new 40 added 33 reduced 10 sold out net sold ≈ $1.8m (-73.2k 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 ($14.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $24.01.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 53Q4 22: 52Q1 23: 54Q2 23: 52Q3 23: 56Q4 23: 66Q1 24: 65Q2 24: 72Q3 24: 82Q4 24: 89Q1 25: 94Q2 25: 9696Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202253
Q4 202252
Q1 202354
Q2 202352
Q3 202356
Q4 202366
Q1 202465
Q2 202472
Q3 202482
Q4 202489
Q1 202594
Q2 202596

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 29 bought or addedQ3 23: 24 cut or sold outQ4 23: 34 bought or addedQ4 23: 23 cut or sold outQ4 23Q1 24: 35 bought or addedQ1 24: 26 cut or sold outQ2 24: 40 bought or addedQ2 24: 24 cut or sold outQ2 24Q3 24: 50 bought or addedQ3 24: 29 cut or sold outQ4 24: 50 bought or addedQ4 24: 34 cut or sold outQ4 24Q1 25: 57 bought or addedQ1 25: 37 cut or sold outQ2 25: 51 bought or addedQ2 25: 43 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232924
Q4 20233423
Q1 20243526
Q2 20244024
Q3 20245029
Q4 20245034
Q1 20255737
Q2 20255143

Biggest buyers

CREATIVE FINANCIAL DESIGNS INC /ADV Added +225,994+226.0k
JANE STREET GROUP, LLC New +79,116+79.1k
IFP Advisors, Inc Added +58,588+58.6k
Plan A Wealth LLC Added +54,552+54.6k
Sanctuary Advisors, LLC New +47,220+47.2k
Allworth Financial LP Added +44,923+44.9k
UNITED CAPITAL FINANCIAL ADVISORS, LLC Added +44,758+44.8k
Turning Point Benefit Group, Inc. New +42,398+42.4k
LPL Financial LLC Added +37,889+37.9k
Faithward Advisors, LLC Added +33,730+33.7k

Biggest sellers

Christian Investment Advisors, Inc. Reduced -294,343-294.3k
OneAscent Financial Services LLC Reduced -136,569-136.6k
Atria Investments, Inc Reduced -132,008-132.0k
PAX Financial Group, LLC Reduced -52,186-52.2k
Astoria Portfolio Advisors LLC. Sold out -42,127-42.1k
Belpointe Asset Management LLC Sold out -28,158-28.2k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -27,354-27.4k
Harvest Investment Services, LLC Reduced -22,523-22.5k
Arete Wealth Advisors, LLC Sold out -21,605-21.6k
StoneX Group Inc. Sold out -20,036-20.0k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Inspire Advisors, LLC 7.32% of their portfolio Meridian, ID 2,938,0252.9m $70.5m $70.5m 7.32% Reduced -9.3k -9,308
2 Faithward Advisors, LLC 5.45% of their portfolio LANCASTER, PA 1,463,0001.5m $35.1m $35.1m 5.45% Added +33.7k +33,730
3 CREATIVE FINANCIAL DESIGNS INC /ADV 1.55% of their portfolio KOKOMO, IN 899,262899.3k $21.6m $21.6m 1.55% Added +226.0k +225,994
4 Bare Financial Services, Inc 5.16% of their portfolio GAP, PA 637,196637.2k $15.3m $15.3m 5.16% Added +23.9k +23,924
5 CreativeOne Wealth, LLC 0.39% of their portfolio OVERLAND PARK, KS 619,922619.9k $14.9m $14.9m 0.39% Added +3.7k +3,713
6 Inspire Investing, LLC 1.56% of their portfolio MERIDIAN, ID 598,053598.1k $14.4m $14.4m 1.56% Added +13.3k +13,330
7 Christian Investment Advisors, Inc. 9.68% of their portfolio NEW BRAUNFELS, TX 582,857582.9k $14.0m $14.0m 9.68% Reduced -294.3k -294,343
8 PAX Financial Group, LLC 1.68% of their portfolio SAN ANTONIO, TX 367,148367.1k $8.8m $8.8m 1.68% Reduced -52.2k -52,186
9 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 346,177346.2k $8.3m $8.3m 0.00% Added +37.9k +37,889
10 OneAscent Wealth Management LLC 2.80% of their portfolio BIRMINGHAM, AL 316,159316.2k $7.6m $7.6m 2.80% Reduced -3.4k -3,405
11 OneAscent Financial Services LLC 0.52% of their portfolio BIRMINGHAM, AL 305,387305.4k $7.3m $7.3m 0.52% Reduced -136.6k -136,569
12 Plan A Wealth LLC 2.60% of their portfolio LINCOLN, NE 190,994191.0k $4.6m $4.6m 2.60% Added +54.6k +54,552
13 LVZ, Inc. 0.52% of their portfolio Holland, MI 179,970180.0k $4.3m $4.3m 0.52% Reduced -7.4k -7,434
14 Legacy Wealth Asset Management, LLC 0.90% of their portfolio WOODBURY, MN 147,185147.2k $3.5m $3.5m 0.90% Added +4.5k +4,471
15 OneAscent Investment Solutions LLC 3.57% of their portfolio BIRMINGHAM, AL 139,357139.4k $3.3m $3.3m 3.57% Reduced -4.4k -4,356
16 Valmark Advisers, Inc. 0.04% of their portfolio AKRON, OH 133,169133.2k $3.2m $3.2m 0.04% Reduced -13.6k -13,556
17 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 130,435130.4k $3.1m $3.1m 0.00% Reduced -4.3k -4,326
18 Range Financial Group LLC 1.18% of their portfolio TIGARD, OR 124,936124.9k $3.0m $3.0m 1.18% Added +18.2k +18,170
19 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.02% of their portfolio IRVING, TX 121,541121.5k $2.9m $2.9m 0.02% Added +44.8k +44,758
20 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 110,649110.6k $2.7m $2.7m 0.00% Reduced -3.6k -3,596
21 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 97,58397.6k $2.3m $2.3m 0.00% Added +8.0k +8,010
22 Allworth Financial LP 0.01% of their portfolio FOLSOM, CA 97,08897.1k $2.3m $2.3m 0.01% Added +44.9k +44,923
23 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 89,85889.9k $2.2m $2.2m 0.00% Reduced -2.6k -2,630
24 TrueWealth Advisors, LLC 0.58% of their portfolio BIRMINGHAM, AL 81,78481.8k $2.0m $2.0m 0.58% Added +1.7k +1,724
25 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 79,11679.1k $1.9m $1.9m 0.00% New
26 VICUS CAPITAL 0.16% of their portfolio STATE COLLEGE, PA 78,00778.0k $1.9m $1.9m 0.16% Added +3.0k +3,035
27 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 69,26569.3k $1.7m $1.7m 0.01% Reduced -475 -475
28 HFG Wealth Management, LLC 0.95% of their portfolio The Woodlands, TX 65,84765.8k $1.6m $1.6m 0.95% Added +4.4k +4,440
29 IFP Advisors, Inc 0.04% of their portfolio TAMPA, FL 58,79058.8k $1.4m $1.4m 0.04% Added +58.6k +58,588
30 SILVER OAK SECURITIES, INCORPORATED 0.12% of their portfolio JACKSON, TN 58,11858.1k $1.4m $1.4m 0.12% Reduced -2.8k -2,836
31 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 53,29853.3k $1.3m $1.3m 0.00% Added +3.0k +2,995
32 AlphaStar Capital Management, LLC 0.09% of their portfolio CORNELIUS, NC 52,09352.1k $1.3m $1.3m 0.09% Reduced -2.6k -2,585
33 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 47,22047.2k $1.1m $1.1m 0.01% New
34 Simplicity Wealth,LLC 0.05% of their portfolio SUMMIT, NJ 46,34846.3k $1.1m $1.1m 0.05% Added +20.9k +20,906
35 TRUST POINT INC. 0.10% of their portfolio LA CROSSE, WI 42,53842.5k $1.0m $1.0m 0.10% Reduced -110 -110
36 Turning Point Benefit Group, Inc. 0.77% of their portfolio FREDERICK, MD 42,39842.4k $1.0m $1.0m 0.77% New
37 Paradiem, LLC 0.21% of their portfolio COVINGTON, LA 34,78934.8k $835.3k $835.3k 0.21% Reduced -2.3k -2,307
38 OneAscent Family Office, LLC 0.72% of their portfolio BIRMINGHAM, AL 31,80531.8k $764.0k $764.0k 0.72% Reduced -3.5k -3,471
39 Optivise Advisory Services LLC 0.37% of their portfolio FRANKLIN, TN 29,86629.9k $717.1k $717.1k 0.37% Reduced -1.1k -1,105
40 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 28,69328.7k $688.9k $688.9k 0.00% Reduced -172 -172
41 LaSalle St. Investment Advisors, LLC 0.19% of their portfolio ELMHURST, IL 28,12628.1k $675.0k $675.0k 0.19% Reduced -808 -808
42 SUMMIT WEALTH GROUP LLC / CO 0.17% of their portfolio COLORADO SPRINGS, CO 27,54027.5k $663.9k $663.9k 0.17% First filing
43 First Heartland Consultants, Inc. 0.05% of their portfolio LAKE ST. LOUIS, MO 25,71725.7k $617.5k $617.5k 0.05% Added +7.8k +7,838
44 Allen Capital Group, LLC 0.06% of their portfolio GRAND ISLAND, NE 25,11125.1k $602.9k $602.9k 0.06% Added +3.7k +3,677
45 GTS SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 24,71524.7k $593.4k $593.4k 0.03% Added +987 +987
46 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 24,36824.4k $585.1k $585.1k 0.00% Reduced -7.6k -7,558
47 Keel Point, LLC 0.04% of their portfolio HUNTSVILLE, AL 22,81422.8k $547.8k $547.8k 0.04% Unchanged
48 Financial Advocates Investment Management 0.04% of their portfolio OLYMPIA, WA 22,81422.8k $547.8k $547.8k 0.04% Added +4.5k +4,529
49 LifeGuide Financial Advisors, LLC 0.20% of their portfolio MECHANICSBURG, PA 22,53322.5k $541.0k $541.0k 0.20% Added +279 +279
50 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 17,42817.4k $418.4k $418.4k 0.00% Reduced -132.0k -132,008
51 Advisory Alpha, LLC 0.01% of their portfolio HOLLAND, MI 17,30617.3k $415.5k $415.5k 0.01% Added +307 +307
52 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 17,29017.3k $415.0k $415.0k 0.00% Reduced -27.4k -27,354
53 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 16,64816.6k $399.7k $399.7k 0.00% Added +136 +136
54 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 16,36416.4k $392.0k $392.0k 0.00% Added +9.1k +9,134
55 Schwallier Wealth Management LLC 0.23% of their portfolio GRAND RAPIDS, MI 16,01416.0k $384.5k $384.5k 0.23% Reduced -466 -466
56 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 15,94015.9k $382.7k $382.7k 0.00% Unchanged
57 BENJAMIN EDWARDS INC 0.00% of their portfolio Clayton, MO 15,86015.9k $380.8k $380.8k 0.00% Added +1.3k +1,256
58 RMG Wealth Management LLC 0.06% of their portfolio PLATTEVILLE, WI 15,53315.5k $371.6k $371.6k 0.06% First filing
59 INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio SAN DIEGO, CA 14,83314.8k $356.1k $356.1k 0.01% Added +60 +60
60 Hobbs Group Advisors, LLC 0.12% of their portfolio COLUMBIA, SC 14,81714.8k $355.8k $355.8k 0.12% Added +125 +125
61 EverSource Wealth Advisors, LLC 0.02% of their portfolio BIRMINGHAM, AL 14,36614.4k $344.9k $344.9k 0.02% Reduced -3.6k -3,635
62 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 14,20214.2k $341.0k $341.0k 0.00% Added +2.5k +2,537
63 CWM, LLC 0.00% of their portfolio OMAHA, NE 13,23213.2k $318.0k $318.0k 0.00% Unchanged
64 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 12,54412.5k $301.2k $301.2k 0.00% New
65 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 12,54412.5k $301.8k $301.8k 0.01% Reduced -2.7k -2,664
66 Trek Financial, LLC 0.02% of their portfolio Scottsdale, AZ 12,42012.4k $298.2k $298.2k 0.02% Added +704 +704
67 Cyndeo Wealth Partners, LLC 0.02% of their portfolio ST. PETERSBURG, FL 12,12812.1k $291.2k $291.2k 0.02% Added +120 +120
68 Focus Financial Network, Inc. 0.01% of their portfolio MINNEAPOLIS, MN 11,97612.0k $288.7k $288.7k 0.01% Added +760 +760
69 Pioneer Wealth Management Group 0.10% of their portfolio AUSTIN, TX 11,57711.6k $278.0k $278.0k 0.10% New
70 Harvest Investment Services, LLC 0.06% of their portfolio Oakbrook Terrace, IL 11,27211.3k $270.6k $270.6k 0.06% Reduced -22.5k -22,523
71 McElhenny Sheffield Capital Management, LLC 0.07% of their portfolio DALLAS, TX 10,75510.8k $258.2k $258.2k 0.07% Reduced -10.6k -10,560
72 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.02% of their portfolio CEDAR RAPIDS, IA 9,1749.2k $220.3k $220.3k 0.02% Added +674 +674
73 PFG Investments, LLC 0.01% of their portfolio WOODBURY, NY 9,1699.2k $220.1k $220.1k 0.01% Reduced -1.1k -1,129
74 PVG ASSET MANAGEMENT CORP 0.73% of their portfolio GOLDEN, CO 8,9519.0k $214.9k $214.9k 0.73% Added +340 +340
75 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 8,8038.8k $211.4k $211.4k 0.00% Reduced -979 -979
76 Bedel Financial Consulting, Inc. 0.03% of their portfolio INDIANAPOLIS, IN 8,7208.7k $209.4k $209.4k 0.03% New
77 Creekmur Asset Management LLC 0.02% of their portfolio MORTON, IL 5,6515.7k $135.7k $135.7k 0.02% Added +2.0k +1,968
78 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 4,7254.7k $113.5k $113.5k 0.00% Added +22 +22
79 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 2,9903.0k $71.8k $71.8k 0.00% Added +1.9k +1,895
80 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 1,6381.6k $39.3k $39.3k 0.00% Unchanged
81 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 1,4661.5k $35.2k $35.2k 0.00% Added +14 +14
82 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 1,0001.0k $24.0k $24.0k 0.00% Unchanged
83 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 732732 $17.6k $17.6k 0.00% Unchanged
84 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 682682 $16.4k $16.4k 0.00% New
85 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 518518 $12.4k $12.4k 0.00% New
86 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 373373 $8.9k $8.9k 0.00% Unchanged
87 Values First Advisors, Inc. 0.00% of their portfolio JOHNSON CITY, TN 215215 $5.2k $5.2k 0.00% Reduced -42 -42
88 UBS Group AG 0.00% of their portfolio ZURICH, V8 141141 $3.4k $3.4k 0.00% New
89 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 134134 $3.2k $3.2k 0.00% New
90 Clarity Asset Management, Inc. 0.00% of their portfolio AMES, IA 117117 $2.8k $2.8k 0.00% Reduced -138 -138
91 Horizon Investments, LLC 0.00% of their portfolio Charlotte, NC 5858 $1.4k $1.4k 0.00% Unchanged
92 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 3737 $888 $888 0.00% New
93 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3232 $789 $789 0.00% Added +12 +12
94 Transce3nd, LLC 0.00% of their portfolio BUDA, TX 1414 $328 $328 0.00% Unchanged
95 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 00 $5 $5 0.00% Reduced -1 -1
96 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged