Vault-13

NORTHERN LTS FD TR III HYTR

CP HIGH YILD TRD · ETP · CUSIP 66538R722

13 institutional holders +3 vs Q1 2025
6,224,2166.2m shares reported held*
$135.4mreported value*
3 new 3 added 4 reduced 1 sold out net bought ≈ $30.8m (+1.4m 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 ≈ $21.75.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

051015Q3 22: 6Q4 22: 7Q1 23: 5Q2 23: 8Q3 23: 6Q4 23: 6Q1 24: 4Q2 24: 8Q3 24: 9Q4 24: 13Q1 25: 10Q2 25: 1313Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 20226
Q4 20227
Q1 20235
Q2 20238
Q3 20236
Q4 20236
Q1 20244
Q2 20248
Q3 20249
Q4 202413
Q1 202510
Q2 202513

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q3 23: 1 bought or addedQ3 23: 6 cut or sold outQ4 23: 4 bought or addedQ4 23: 4 cut or sold outQ4 23Q1 24: 3 bought or addedQ1 24: 3 cut or sold outQ2 24: 7 bought or addedQ2 24: 0 cut or sold outQ2 24Q3 24: 8 bought or addedQ3 24: 1 cut or sold outQ4 24: 9 bought or addedQ4 24: 5 cut or sold outQ4 24Q1 25: 8 bought or addedQ1 25: 4 cut or sold outQ2 25: 6 bought or addedQ2 25: 5 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202316
Q4 202344
Q1 202433
Q2 202470
Q3 202481
Q4 202495
Q1 202584
Q2 202565

Biggest buyers

LPL Financial LLC Added +1,386,031+1.4m
OSAIC HOLDINGS, INC. Added +58,429+58.4k
CITADEL ADVISORS LLC New +28,072+28.1k
Integrated Wealth Concepts LLC New +13,364+13.4k
WELLS FARGO & COMPANY/MN New +9,001+9.0k
Counterpoint Mutual Funds LLC Added +7,400+7.4k

Biggest sellers

GTS SECURITIES LLC Sold out -33,636-33.6k
ENVESTNET ASSET MANAGEMENT INC Reduced -19,810-19.8k
First Horizon Advisors, Inc. Reduced -18,947-18.9k
JANE STREET GROUP, LLC Reduced -12,843-12.8k
Citizens National Bank Trust Department Reduced -1,370-1.4k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 5,900,3015.9m $128.3m $128.3m 0.04% Added +1.4m +1,386,031
2 Counterpoint Mutual Funds LLC 0.18% of their portfolio San Diego, CA 94,70094.7k $2.1m $2.1m 0.18% Added +7.4k +7,400
3 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 81,72981.7k $1.8m $1.8m 0.00% Added +58.4k +58,429
4 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 36,20636.2k $787.5k $787.5k 0.00% Reduced -12.8k -12,843
5 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 28,15128.2k $612.3k $612.3k 0.00% Reduced -19.8k -19,810
6 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 28,07228.1k $610.6k $610.6k 0.00% New
7 First Horizon Advisors, Inc. 0.01% of their portfolio MEMPHIS, TN 15,69915.7k $341.5k $341.5k 0.01% Reduced -18.9k -18,947
8 Global Retirement Partners, LLC 0.01% of their portfolio San Rafael, CA 14,27114.3k $310.4k $310.4k 0.01% First filing
9 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 13,36413.4k $290.7k $290.7k 0.00% New
10 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 9,0019.0k $195.8k $195.8k 0.00% New
11 Luminist Capital LLC 0.04% of their portfolio GRAND RAPIDS, MI 1,7221.7k $37.4k $37.4k 0.04% Unchanged
12 Citizens National Bank Trust Department 0.00% of their portfolio MERIDIAN, MS 1,0001.0k $21.8k $21.8k 0.00% Reduced -1.4k -1,370
13 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged