Vault-13

NORTHERN LTS FD TR III LGH

HCM DEFEN 500 · ETP · CUSIP 66538R730

43 institutional holders -2 vs Q1 2026
7,871,7547.9m shares reported held*
$501.9mreported value*
5 new 19 added 15 reduced 6 sold out net bought ≈ $13.8m (-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 ≈ $63.76.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 32Q4 22: 29Q1 23: 29Q2 23: 27Q3 23: 29Q4 23: 25Q1 24: 24Q2 24: 25Q3 24: 31Q4 24: 35Q1 25: 39Q2 25: 41Q3 25: 43Q4 25: 47Q1 26: 45Q2 26: 4343Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202232
Q4 202229
Q1 202329
Q2 202327
Q3 202329
Q4 202325
Q1 202424
Q2 202425
Q3 202431
Q4 202435
Q1 202539
Q2 202541
Q3 202543
Q4 202547
Q1 202645
Q2 202643

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 24: 18 bought or addedQ3 24: 12 cut or sold outQ4 24: 24 bought or addedQ4 24: 9 cut or sold outQ4 24Q1 25: 20 bought or addedQ1 25: 16 cut or sold outQ2 25: 15 bought or addedQ2 25: 24 cut or sold outQ2 25Q3 25: 22 bought or addedQ3 25: 17 cut or sold outQ4 25: 25 bought or addedQ4 25: 21 cut or sold outQ4 25Q1 26: 20 bought or addedQ1 26: 26 cut or sold outQ2 26: 24 bought or addedQ2 26: 21 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20241812
Q4 2024249
Q1 20252016
Q2 20251524
Q3 20252217
Q4 20252521
Q1 20262026
Q2 20262421

Biggest buyers

J.W. COLE ADVISORS, INC. Added +336,628+336.6k
Cambridge Investment Research Advisors, Inc. Added +250,837+250.8k
LPL Financial LLC Added +55,735+55.7k
TUCKER ASSET MANAGEMENT LLC New +51,407+51.4k
Discipline Wealth Solutions, LLC Added +47,913+47.9k
Nuveen, LLC New +19,153+19.2k
Lifestyle Asset Management, Inc. Added +15,950+15.9k
Aegis Wealth Management, Inc. Added +13,626+13.6k
CITADEL ADVISORS LLC New +11,443+11.4k
Integrated Wealth Concepts LLC Added +8,826+8.8k

Biggest sellers

Howard Capital Management, LLC Reduced -2,123,833-2.1m
Orion Porfolio Solutions, LLC Reduced -272,717-272.7k
Cetera Investment Advisers Reduced -85,810-85.8k
J2 Capital Management Inc Reduced -54,358-54.4k
Wealth Watch Advisors, INC Reduced -47,048-47.0k
GTS SECURITIES LLC Sold out -35,939-35.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -10,063-10.1k
Mariner, LLC Sold out -7,102-7.1k
GDS Wealth Management Sold out -6,996-7.0k
Optivise Advisory Services LLC Reduced -6,425-6.4k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Howard Capital Management, LLC 3.02% of their portfolio Alpharetta, GA 3,983,4494.0m $254.0m $254.0m 3.02% Reduced -2.1m -2,123,833
2 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 777,689777.7k $49.6m $49.6m 0.01% Reduced -6.2k -6,247
3 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 506,626506.6k $32.3m $32.3m 0.04% Added +250.8k +250,837
4 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 497,684497.7k $31.7m $31.7m 0.03% Reduced -85.8k -85,810
5 J.W. COLE ADVISORS, INC. 0.41% of their portfolio TAMPA, FL 378,467378.5k $24.1m $24.1m 0.41% Added +336.6k +336,628
6 Wealth Watch Advisors, INC 6.07% of their portfolio ENGLEWOOD, CO 292,740292.7k $18.7m $18.7m 6.07% Reduced -47.0k -47,048
7 Aegis Wealth Management, Inc. 10.89% of their portfolio Guthrie Center, IA 264,683264.7k $16.9m $16.9m 10.89% Added +13.6k +13,626
8 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 235,575235.6k $15.0m $15.0m 0.00% Added +55.7k +55,735
9 Discipline Wealth Solutions, LLC 1.27% of their portfolio GREENVILLE, SC 227,458227.5k $14.5m $14.5m 1.27% Added +47.9k +47,913
10 Lifestyle Asset Management, Inc. 2.29% of their portfolio FRIENDSWOOD, TX 133,414133.4k $8.5m $8.5m 2.29% Added +15.9k +15,950
11 Optivise Advisory Services LLC 3.29% of their portfolio FRANKLIN, TN 101,712101.7k $6.5m $6.5m 3.29% Reduced -6.4k -6,425
12 HighPoint Advisor Group LLC 0.14% of their portfolio DOWNERS GROVE, IL 63,45563.5k $4.0m $4.0m 0.14% Added +3.2k +3,199
13 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 52,85752.9k $3.4m $3.4m 0.01% Added +6.9k +6,862
14 TUCKER ASSET MANAGEMENT LLC 0.81% of their portfolio LITTLETON, CO 51,40751.4k $3.3m $3.3m 0.81% New
15 Simplicity Wealth,LLC 0.10% of their portfolio SUMMIT, NJ 44,72344.7k $2.9m $2.9m 0.10% Reduced -710 -710
16 IFP Advisors, Inc 0.03% of their portfolio TAMPA, FL 26,79826.8k $1.7m $1.7m 0.03% Added +250 +250
17 Foundations Investment Advisors, LLC 0.02% of their portfolio PHOENIX, AZ 26,43326.4k $1.7m $1.7m 0.02% Added +708 +708
18 Brookstone Capital Management 0.02% of their portfolio WHEATON, IL 24,71924.7k $1.6m $1.6m 0.02% Reduced -86 -86
19 PANORAMIC INVESTMENT ADVISORS, LLC 0.72% of their portfolio DENVER, CO 23,59323.6k $1.5m $1.5m 0.72% Reduced -1.5k -1,453
20 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 19,15319.2k $1.2m $1.2m 0.00% New
21 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 18,25118.3k $1.2m $1.2m 0.01% Added +8.8k +8,826
22 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 16,46716.5k $1.0m $1.0m 0.00% Reduced -10.1k -10,063
23 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 11,44311.4k $729.6k $729.6k 0.00% New
24 Fiduciary Alliance LLC 0.05% of their portfolio GREENVILLE, SC 10,91510.9k $695.9k $695.9k 0.05% Added +176 +176
25 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 9,3949.4k $599.0k $599.0k 0.00% Added +1.4k +1,408
26 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 8,6888.7k $553.9k $553.9k 0.00% Added +1.5k +1,512
27 McKinney Capital Management, LLC 0.20% of their portfolio HOUSTON, TX 8,0258.0k $511.7k $511.7k 0.20% Added +680 +680
28 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 6,6796.7k $425.9k $425.9k 0.00% Unchanged
29 INTEGRITY ALLIANCE, LLC. 0.01% of their portfolio Urbandale, IA 6,3956.4k $407.7k $407.7k 0.01% Reduced -860 -860
30 Bison Wealth, LLC 0.03% of their portfolio ATLANTA, GA 5,6185.6k $361.5k $361.5k 0.03% Added +407 +407
31 VestGen Advisors, LLC 0.01% of their portfolio CHICAGO, IL 5,2655.3k $335.7k $335.7k 0.01% Reduced -289 -289
32 VestGen Investment Management 0.17% of their portfolio EGG HARBOR TOWNSHIP, NJ 4,9484.9k $315.5k $315.5k 0.17% Reduced -1.1k -1,060
33 J2 Capital Management Inc 0.21% of their portfolio TROY, MI 4,8684.9k $310.4k $310.4k 0.21% Reduced -54.4k -54,358
34 ABSOLUTE CAPITAL MANAGEMENT, LLC 0.07% of their portfolio Pittsburgh, PA 4,4474.4k $283.5k $283.5k 0.07% Reduced -805 -805
35 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 4,0554.1k $258.5k $258.5k 0.00% Added +324 +324
36 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 3,9043.9k $248.9k $248.9k 0.00% Reduced -272.7k -272,717
37 Delta Investment Management, LLC 0.03% of their portfolio SAN FRANCISCO, CA 3,3133.3k $211.2k $211.2k 0.03% New
38 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 3,1443.1k $200.5k $200.5k 0.00% New
39 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 1,1861.2k $75.6k $75.6k 0.00% Added +56 +56
40 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,1451.1k $73.0k $73.0k 0.00% Unchanged
41 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 768768 $49.0k $49.0k 0.00% Added +360 +360
42 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 200200 $12.8k $12.8k 0.00% Unchanged
43 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 11 $63 $63 0.00% Unchanged