Vault-13

NORTHERN LTS FD TR IV IBD

INSPIRE CORP BD · ETP · CUSIP 66538H633

101 institutional holders +4 vs Q3 2025
13,887,60713.9m shares reported held*
$336.1mreported value*
9 new 61 added 16 reduced 9 sold out net bought ≈ $32.2m (+1.3m 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 ($17.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $24.20.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 53Q4 22: 52Q1 23: 54Q2 23: 52Q3 23: 56Q4 23: 66Q1 24: 65Q2 24: 72Q3 24: 82Q4 24: 89Q1 25: 94Q2 25: 96Q3 25: 97Q4 25: 101101Q3 22Q2 23Q1 24Q4 24Q4 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
Q3 202597
Q4 2025101

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 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 25Q3 25: 64 bought or addedQ3 25: 30 cut or sold outQ4 25: 70 bought or addedQ4 25: 25 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20243526
Q2 20244024
Q3 20245029
Q4 20245034
Q1 20255737
Q2 20255143
Q3 20256430
Q4 20257025

Biggest buyers

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC New +585,420+585.4k
WorthPointe, LLC New +312,296+312.3k
Inspire Advisors, LLC Added +286,085+286.1k
Faithward Advisors, LLC Added +96,659+96.7k
Inspire Investing, LLC Added +71,247+71.2k
LPL Financial LLC Added +69,114+69.1k
OneAscent Financial Services LLC Added +50,649+50.6k
UNITED CAPITAL FINANCIAL ADVISORS, LLC Added +50,607+50.6k
CREATIVE FINANCIAL DESIGNS INC /ADV Added +49,299+49.3k
Plan A Wealth LLC Added +44,175+44.2k

Biggest sellers

CreativeOne Wealth, LLC Reduced -577,506-577.5k
GOLDMAN SACHS GROUP INC Reduced -41,457-41.5k
HFG Wealth Management, LLC Reduced -30,645-30.6k
RAYMOND JAMES FINANCIAL INC Reduced -19,415-19.4k
JANE STREET GROUP, LLC Sold out -16,462-16.5k
RMG Wealth Management LLC Sold out -15,653-15.7k
Advisory Alpha, LLC Sold out -12,369-12.4k
Focus Financial Network, Inc. Sold out -10,627-10.6k
Valmark Advisers, Inc. Reduced -9,155-9.2k
Turning Point Benefit Group, Inc. Reduced -8,514-8.5k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Inspire Advisors, LLC 7.51% of their portfolio Meridian, ID 3,371,7263.4m $81.6m $81.6m 7.51% Added +286.1k +286,085
2 Faithward Advisors, LLC 5.65% of their portfolio LANCASTER, PA 1,593,4361.6m $38.6m $38.6m 5.65% Added +96.7k +96,659
3 CREATIVE FINANCIAL DESIGNS INC /ADV 1.51% of their portfolio KOKOMO, IN 987,188987.2k $23.9m $23.9m 1.51% Added +49.3k +49,299
4 Inspire Investing, LLC 1.60% of their portfolio MERIDIAN, ID 732,647732.6k $17.7m $17.7m 1.60% Added +71.2k +71,247
5 Bare Financial Services, Inc 4.81% of their portfolio GAP, PA 714,733714.7k $17.3m $17.3m 4.81% Added +40.8k +40,763
6 OneAscent Financial Services LLC 1.42% of their portfolio BIRMINGHAM, AL 638,917638.9k $15.5m $15.5m 1.42% Added +50.6k +50,649
7 Christian Investment Advisors, Inc. 11.94% of their portfolio NEW BRAUNFELS, TX 608,768608.8k $14.7m $14.7m 11.94% Added +26.5k +26,464
8 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 585,420585.4k $14.1m $14.1m 0.02% New
9 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 420,194420.2k $10.2m $10.2m 0.00% Added +69.1k +69,114
10 PAX Financial Group, LLC 1.41% of their portfolio SAN ANTONIO, TX 338,696338.7k $8.2m $8.2m 1.41% Added +7.1k +7,062
11 WorthPointe, LLC 1.99% of their portfolio La Jolla, CA 312,296312.3k $7.6m $7.6m 1.99% New
12 OneAscent Wealth Management LLC 2.34% of their portfolio BIRMINGHAM, AL 291,119291.1k $7.0m $7.0m 2.34% Added +573 +573
13 Plan A Wealth LLC 3.34% of their portfolio LINCOLN, NE 282,343282.3k $6.8m $6.8m 3.34% Added +44.2k +44,175
14 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 209,196209.2k $5.1m $5.1m 0.01% Added +14.1k +14,125
15 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.03% of their portfolio IRVING, TX 197,998198.0k $4.8m $4.8m 0.03% Added +50.6k +50,607
16 Valmark Advisers, Inc. 0.06% of their portfolio AKRON, OH 188,773188.8k $4.6m $4.6m 0.06% Reduced -9.2k -9,155
17 LVZ, Inc. 0.49% of their portfolio Holland, MI 182,015182.0k $4.4m $4.4m 0.49% Reduced -1.1k -1,086
18 Legacy Wealth Asset Management, LLC 0.95% of their portfolio WOODBURY, MN 159,631159.6k $3.9m $3.9m 0.95% Added +8.0k +7,998
19 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 155,911155.9k $3.8m $3.8m 0.00% Added +10.0k +10,026
20 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 154,269154.3k $3.7m $3.7m 0.00% Added +22.6k +22,597
21 OneAscent Investment Solutions LLC 3.95% of their portfolio BIRMINGHAM, AL 153,954154.0k $3.7m $3.7m 3.95% Added +5.4k +5,390
22 Range Financial Group LLC 1.15% of their portfolio TIGARD, OR 137,359137.4k $3.3m $3.3m 1.15% Added +5.1k +5,081
23 Allworth Financial LP 0.01% of their portfolio FOLSOM, CA 124,128124.1k $3.0m $3.0m 0.01% Added +6.9k +6,885
24 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 112,738112.7k $2.7m $2.7m 0.00% Added +14.3k +14,254
25 Belpointe Asset Management LLC 0.09% of their portfolio RENO, NV 101,832101.8k $2.5m $2.5m 0.09% Added +4.0k +3,968
26 TrueWealth Advisors, LLC 0.58% of their portfolio BIRMINGHAM, AL 92,22692.2k $2.2m $2.2m 0.58% Added +7.9k +7,947
27 VICUS CAPITAL 0.15% of their portfolio STATE COLLEGE, PA 83,34983.3k $2.0m $2.0m 0.15% Added +3.5k +3,491
28 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 73,87273.9k $1.8m $1.8m 0.00% Reduced -19.4k -19,415
29 IFP Advisors, Inc 0.04% of their portfolio TAMPA, FL 73,63773.6k $1.8m $1.8m 0.04% Added +646 +646
30 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 72,91772.9k $1.8m $1.8m 0.01% Added +20.9k +20,917
31 AlphaStar Capital Management, LLC 0.12% of their portfolio CORNELIUS, NC 65,93065.9k $1.6m $1.6m 0.12% Added +12.4k +12,386
32 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.08% of their portfolio CEDAR RAPIDS, IA 65,47565.5k $1.6m $1.6m 0.08% Added +10.5k +10,507
33 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 62,99263.0k $1.5m $1.5m 0.00% Reduced -1.6k -1,615
34 SILVER OAK SECURITIES, INCORPORATED 0.10% of their portfolio JACKSON, TN 59,38259.4k $1.4m $1.4m 0.10% Added +1.1k +1,136
35 Allen Capital Group, LLC 0.13% of their portfolio GRAND ISLAND, NE 58,10258.1k $1.4m $1.4m 0.13% Added +14.5k +14,454
36 Cornerstone Financial Management LLC 1.32% of their portfolio BURLINGTON, MA 58,03058.0k $1.4m $1.4m 1.32% First filing
37 Optivise Advisory Services LLC 0.77% of their portfolio FRANKLIN, TN 55,30855.3k $1.3m $1.3m 0.77% Added +26.6k +26,592
38 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 49,25149.3k $1.2m $1.2m 0.00% Added +30.3k +30,267
39 Blue Trust, Inc. 0.01% of their portfolio BRENTWOOD, TN 47,88847.9k $1.2m $1.2m 0.01% Added +31.9k +31,948
40 HFG Wealth Management, LLC 0.56% of their portfolio The Woodlands, TX 41,72641.7k $1.0m $1.0m 0.56% Reduced -30.6k -30,645
41 First Heartland Consultants, Inc. 0.07% of their portfolio LAKE ST. LOUIS, MO 40,88240.9k $989.3k $989.3k 0.07% Added +13.9k +13,891
42 TRUST POINT INC. 0.08% of their portfolio LA CROSSE, WI 40,26940.3k $974.5k $974.5k 0.08% Added +959 +959
43 CreativeOne Wealth, LLC 0.02% of their portfolio OVERLAND PARK, KS 37,51237.5k $907.8k $907.8k 0.02% Reduced -577.5k -577,506
44 TrustWell Financial Advisors, LLC 0.87% of their portfolio Jacksonville, FL 37,24137.2k $901.2k $901.2k 0.87% First filing
45 Paradiem, LLC 0.20% of their portfolio COVINGTON, LA 34,78934.8k $841.9k $841.9k 0.20% Unchanged
46 SUMMIT WEALTH GROUP LLC / CO 0.11% of their portfolio COLORADO SPRINGS, CO 34,23834.2k $828.6k $828.6k 0.11% New
47 OneAscent Family Office, LLC 0.55% of their portfolio BIRMINGHAM, AL 33,74633.7k $816.7k $816.7k 0.55% Added +7.5k +7,468
48 LaSalle St. Investment Advisors, LLC 0.13% of their portfolio ELMHURST, IL 33,11033.1k $801.0k $801.0k 0.13% Added +4.1k +4,076
49 Turning Point Benefit Group, Inc. 0.38% of their portfolio FREDERICK, MD 30,29830.3k $733.2k $733.2k 0.38% Reduced -8.5k -8,514
50 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 30,04230.0k $727.0k $727.0k 0.00% New
51 Simplicity Wealth,LLC 0.04% of their portfolio SUMMIT, NJ 26,61126.6k $644.0k $644.0k 0.04% Added +6.3k +6,260
52 Larry Mathis Financial Planning, LLC 0.55% of their portfolio PHOENIX, AZ 25,76225.8k $623.4k $623.4k 0.55% First filing
53 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 24,58424.6k $594.9k $594.9k 0.00% Added +2.1k +2,051
54 Keel Point, LLC 0.03% of their portfolio HUNTSVILLE, AL 23,89723.9k $578.3k $578.3k 0.03% Reduced -61 -61
55 LifeGuide Financial Advisors, LLC 0.19% of their portfolio MECHANICSBURG, PA 23,58523.6k $571.0k $571.0k 0.19% Added +963 +963
56 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 22,85722.9k $553.1k $553.1k 0.00% Added +330 +330
57 CARLSON FINANCIAL, INC. 0.31% of their portfolio CANBY, OR 21,91421.9k $530.3k $530.3k 0.31% First filing
58 CWM, LLC 0.00% of their portfolio OMAHA, NE 20,39620.4k $494.0k $494.0k 0.00% Reduced -90 -90
59 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 20,08720.1k $486.1k $486.1k 0.00% Reduced -41.5k -41,457
60 Straight Path Wealth Management 0.13% of their portfolio Jenison, MI 19,62919.6k $475.0k $475.0k 0.13% Added +13.1k +13,129
61 Schwallier Wealth Management LLC 0.30% of their portfolio GRAND RAPIDS, MI 19,14719.1k $462.4k $462.4k 0.30% Added +1.9k +1,881
62 EverSource Wealth Advisors, LLC 0.02% of their portfolio BIRMINGHAM, AL 19,12619.1k $462.8k $462.8k 0.02% Added +6.6k +6,643
63 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 17,41517.4k $421.4k $421.4k 0.00% Added +483 +483
64 INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio SAN DIEGO, CA 16,85516.9k $407.9k $407.9k 0.01% Added +1.3k +1,318
65 BENJAMIN EDWARDS INC 0.00% of their portfolio Clayton, MO 15,86015.9k $383.8k $383.8k 0.00% Unchanged
66 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 15,71715.7k $380.3k $380.3k 0.00% Added +1.3k +1,289
67 Trek Financial, LLC 0.02% of their portfolio Scottsdale, AZ 15,08615.1k $365.1k $365.1k 0.02% Unchanged
68 Hobbs Group Advisors, LLC 0.11% of their portfolio COLUMBIA, SC 15,05715.1k $364.4k $364.4k 0.11% Added +141 +141
69 Pioneer Wealth Management Group 0.11% of their portfolio AUSTIN, TX 14,92414.9k $361.2k $361.2k 0.11% Added +534 +534
70 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 14,69114.7k $355.5k $355.5k 0.00% New
71 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 14,56814.6k $353.0k $353.0k 0.00% Added +701 +701
72 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 14,27814.3k $345.5k $345.5k 0.00% Added +79 +79
73 Harvest Investment Services, LLC 0.06% of their portfolio Oakbrook Terrace, IL 13,32713.3k $322.5k $322.5k 0.06% Reduced -2.8k -2,783
74 HOWARD BAILEY SECURITIES, LLC 0.11% of their portfolio FORT WAYNE, IN 11,62411.6k $281.3k $281.3k 0.11% Reduced -196 -196
75 Cyndeo Wealth Partners, LLC 0.01% of their portfolio ST. PETERSBURG, FL 11,39811.4k $275.8k $275.8k 0.01% Added +2 +2
76 PVG ASSET MANAGEMENT CORP 0.57% of their portfolio GOLDEN, CO 11,07111.1k $267.9k $267.9k 0.57% Added +1.9k +1,900
77 PANORAMIC INVESTMENT ADVISORS, LLC 0.14% of their portfolio DENVER, CO 10,50010.5k $254.1k $254.1k 0.14% New
78 Bedel Financial Consulting, Inc. 0.03% of their portfolio INDIANAPOLIS, IN 9,6059.6k $232.4k $232.4k 0.03% Added +534 +534
79 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 9,4089.4k $227.7k $227.7k 0.00% Added +460 +460
80 PFG Investments, LLC 0.01% of their portfolio WOODBURY, NY 8,9789.0k $217.3k $217.3k 0.01% Added +126 +126
81 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 8,6348.6k $208.9k $208.9k 0.00% Added +1.1k +1,077
82 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 8,4338.4k $204.1k $204.1k 0.00% Unchanged
83 SHP Wealth Management 0.01% of their portfolio PLYMOUTH, MA 7,4307.4k $179.8k $179.8k 0.01% First filing
84 Hanson & Doremus Investment Management 0.02% of their portfolio BURLINGTON, VT 6,5356.5k $158.0k $158.0k 0.02% Added +60 +60
85 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 2,7802.8k $67.3k $67.3k 0.00% Reduced -164 -164
86 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 2,6092.6k $63.1k $63.1k 0.00% Added +605 +605
87 Values First Advisors, Inc. 0.03% of their portfolio JOHNSON CITY, TN 2,3172.3k $56.1k $56.1k 0.03% Added +35 +35
88 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 1,6381.6k $39.6k $39.6k 0.00% Unchanged
89 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 1,0001.0k $24.2k $24.2k 0.00% Unchanged
90 Wealth Watch Advisors, INC 0.01% of their portfolio ENGLEWOOD, CO 924924 $22.4k $22.4k 0.01% Added +65 +65
91 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 732732 $17.7k $17.7k 0.00% New
92 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 518518 $12.5k $12.5k 0.00% Unchanged
93 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 373373 $9.0k $9.0k 0.00% Unchanged
94 CX Institutional 0.00% of their portfolio AUBURN, IN 365365 $9.0k $9.0k 0.00% New
95 Godfrey Financial Associates, Inc. 0.00% of their portfolio GLENMONT, NY 170170 $4.1k $4.1k 0.00% First filing
96 Clarity Asset Management, Inc. 0.00% of their portfolio AMES, IA 120120 $2.9k $2.9k 0.00% Reduced -1.1k -1,053
97 FMR LLC 0.00% of their portfolio BOSTON, MA 9494 $2.3k $2.3k 0.00% Added +71 +71
98 MCF Advisors LLC 0.00% of their portfolio LEXINGTON, KY 8888 $2.1k $2.1k 0.00% New
99 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 3737 $895 $895 0.00% Unchanged
100 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 11 $40 $40 0.00% Reduced -31 -31