Vault-13

NORTHERN LIGHTS FD TR THY

TOEWS AGLTY DNYM · ETP · CUSIP 66538J738

17 institutional holders -2 vs Q4 2024
3,097,2933.1m shares reported held*
$68.5mreported value*
1 new 7 added 6 reduced 3 sold out net bought ≈ $19.9m (+880.5k 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. Holder counts are more reliable. Implied quarter-end price ≈ $22.13.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

01020Q3 22: 15Q4 22: 13Q1 23: 13Q2 23: 12Q3 23: 12Q4 23: 15Q1 24: 18Q2 24: 17Q3 24: 19Q4 24: 19Q1 25: 1717Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202215
Q4 202213
Q1 202313
Q2 202312
Q3 202312
Q4 202315
Q1 202418
Q2 202417
Q3 202419
Q4 202419
Q1 202517

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q2 23: 7 bought or addedQ2 23: 6 cut or sold outQ3 23: 7 bought or addedQ3 23: 5 cut or sold outQ3 23Q4 23: 7 bought or addedQ4 23: 8 cut or sold outQ1 24: 7 bought or addedQ1 24: 10 cut or sold outQ1 24Q2 24: 13 bought or addedQ2 24: 6 cut or sold outQ3 24: 13 bought or addedQ3 24: 4 cut or sold outQ3 24Q4 24: 12 bought or addedQ4 24: 5 cut or sold outQ1 25: 8 bought or addedQ1 25: 9 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 202376
Q3 202375
Q4 202378
Q1 2024710
Q2 2024136
Q3 2024134
Q4 2024125
Q1 202589

Biggest buyers

Orion Portfolio Solutions, LLC Added +945,357+945.4k
Orion Porfolio Solutions, LLC Added +96,550+96.5k
RPg Family Wealth Advisory, LLC Added +14,951+15.0k
GTS SECURITIES LLC Added +12,262+12.3k
INDEPENDENT FINANCIAL GROUP, LLC Added +2,264+2.3k
Geneos Wealth Management Inc. Added +2,184+2.2k
CreativeOne Wealth, LLC Added +645+645
IFP Advisors, Inc New +527+527

Biggest sellers

OSAIC HOLDINGS, INC. Reduced -49,713-49.7k
Cambridge Investment Research Advisors, Inc. Sold out -43,565-43.6k
SILVER OAK SECURITIES, INCORPORATED Sold out -32,604-32.6k
CITADEL ADVISORS LLC Reduced -30,787-30.8k
JANE STREET GROUP, LLC Sold out -20,467-20.5k
ENVESTNET ASSET MANAGEMENT INC Reduced -13,830-13.8k
LPL Financial LLC Reduced -2,076-2.1k
TOWNSQUARE CAPITAL LLC Reduced -1,130-1.1k
UBS Group AG Reduced -49-49

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Orion Portfolio Solutions, LLC 0.20% of their portfolio Omaha, NE 1,794,1641.8m $39.9m $39.9m 0.20% Added +945.4k +945,357
2 Orion Porfolio Solutions, LLC 0.20% of their portfolio OMAHA, NE 945,357945.4k $20.8m $20.8m 0.20% Added +96.5k +96,550
3 RPg Family Wealth Advisory, LLC 1.01% of their portfolio BURLINGTON, MA 162,021162.0k $3.6m $3.6m 1.01% Added +15.0k +14,951
4 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 52,38952.4k $1.1m $1.1m 0.00% Reduced -2.1k -2,076
5 GTS SECURITIES LLC 0.04% of their portfolio NEW YORK, NY 38,98739.0k $855.8k $855.8k 0.04% Added +12.3k +12,262
6 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 23,61523.6k $518.3k $518.3k 0.02% Added +2.3k +2,264
7 CreativeOne Wealth, LLC 0.02% of their portfolio OVERLAND PARK, KS 22,90222.9k $502.7k $502.7k 0.02% Added +645 +645
8 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 13,96114.0k $306.4k $306.4k 0.00% Reduced -49.7k -49,713
9 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 13,47613.5k $295.8k $295.8k 0.00% Reduced -30.8k -30,787
10 TOWNSQUARE CAPITAL LLC 0.00% of their portfolio Lehi, UT 13,13313.1k $288.3k $288.3k 0.00% Reduced -1.1k -1,130
11 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 10,28910.3k $225.8k $225.8k 0.00% Reduced -13.8k -13,830
12 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 4,0484.0k $88.9k $88.9k 0.00% Added +2.2k +2,184
13 CWM, LLC 0.00% of their portfolio OMAHA, NE 2,2892.3k $50.0k $50.0k 0.00% Unchanged
14 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 527527 $11.6k $11.6k 0.00% New
15 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 7171 $1.6k $1.6k 0.00% Unchanged
16 UBS Group AG 0.00% of their portfolio ZURICH, V8 6464 $1.4k $1.4k 0.00% Reduced -49 -49
17 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged