Vault-13

RBB FD INC UTWO

US TREASY 2 YR · ETP · CUSIP 74933W486

78 institutional holders +6 vs Q1 2026
5,749,2005.7m shares reported held*
$275.7mreported value*
11 new 20 added 26 reduced 10 sold out net bought ≈ $51.9m (+1.1m 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 ≈ $47.96.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 9Q4 22: 21Q1 23: 39Q2 23: 42Q3 23: 46Q4 23: 60Q1 24: 57Q2 24: 57Q3 24: 69Q4 24: 69Q1 25: 68Q2 25: 61Q3 25: 60Q4 25: 67Q1 26: 72Q2 26: 7878Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 20229
Q4 202221
Q1 202339
Q2 202342
Q3 202346
Q4 202360
Q1 202457
Q2 202457
Q3 202469
Q4 202469
Q1 202568
Q2 202561
Q3 202560
Q4 202567
Q1 202672
Q2 202678

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q3 24: 42 bought or addedQ3 24: 28 cut or sold outQ4 24: 37 bought or addedQ4 24: 32 cut or sold outQ4 24Q1 25: 41 bought or addedQ1 25: 29 cut or sold outQ2 25: 33 bought or addedQ2 25: 27 cut or sold outQ2 25Q3 25: 30 bought or addedQ3 25: 29 cut or sold outQ4 25: 33 bought or addedQ4 25: 33 cut or sold outQ4 25Q1 26: 41 bought or addedQ1 26: 26 cut or sold outQ2 26: 31 bought or addedQ2 26: 36 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20244228
Q4 20243732
Q1 20254129
Q2 20253327
Q3 20253029
Q4 20253333
Q1 20264126
Q2 20263136

Biggest buyers

Hapanowicz & Associates Financial Services, Inc New +740,232+740.2k
MORGAN STANLEY Added +280,738+280.7k
Tidal Investments LLC Added +272,149+272.1k
RAYMOND JAMES FINANCIAL INC Added +46,577+46.6k
MML INVESTORS SERVICES, LLC Added +39,547+39.5k
ENVESTNET ASSET MANAGEMENT INC Added +23,768+23.8k
WELLS FARGO & COMPANY/MN Added +20,517+20.5k
Insight Wealth Partners, LLC Added +14,305+14.3k
Weaver Consulting Group Added +13,950+13.9k
Cambridge Investment Research Advisors, Inc. Added +12,053+12.1k

Biggest sellers

49 WEALTH MANAGEMENT, LLC Reduced -168,754-168.8k
UBS Group AG Reduced -58,488-58.5k
CITADEL ADVISORS LLC Sold out -43,202-43.2k
GOLDMAN SACHS GROUP INC Sold out -27,016-27.0k
LPL Financial LLC Reduced -22,658-22.7k
Tower Research Capital LLC (TRC) Sold out -20,451-20.5k
NewEdge Advisors, LLC Reduced -9,342-9.3k
Ameritas Advisory Services, LLC Reduced -8,990-9.0k
Private Advisor Group, LLC Reduced -8,664-8.7k
STIFEL FINANCIAL CORP Reduced -8,075-8.1k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,573,3681.6m $75.5m $75.5m 0.00% Added +280.7k +280,738
2 Hapanowicz & Associates Financial Services, Inc 11.04% of their portfolio PITTSBURGH, PA 740,232740.2k $35.5m $35.5m 11.04% New
3 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 692,082692.1k $33.2m $33.2m 0.01% Reduced -22.7k -22,658
4 Odyssey Group, LLC 5.70% of their portfolio LANCASTER, PA 438,675438.7k $21.0m $21.0m 5.70% First filing
5 Tidal Investments LLC 0.03% of their portfolio Milwaukee, WI 285,251285.3k $13.7m $13.7m 0.03% Added +272.1k +272,149
6 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 264,427264.4k $12.7m $12.7m 0.00% Added +46.6k +46,577
7 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 215,713215.7k $10.3m $10.3m 0.00% Added +23.8k +23,768
8 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 213,685213.7k $10.2m $10.2m 0.02% Added +39.5k +39,547
9 Federation des caisses Desjardins du Quebec 0.02% of their portfolio LEVIS, A8 124,771124.8k $6.0m $6.0m 0.02% Reduced -6.6k -6,621
10 Luminist Capital LLC 6.29% of their portfolio GRAND RAPIDS, MI 116,753116.8k $5.6m $5.6m 6.29% Added +10.3k +10,336
11 UBS Group AG 0.00% of their portfolio ZURICH, V8 90,67390.7k $4.3m $4.3m 0.00% Reduced -58.5k -58,488
12 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 86,60786.6k $4.2m $4.2m 0.00% Reduced -8.1k -8,075
13 Insight Wealth Partners, LLC 0.47% of their portfolio Plano, TX 73,21373.2k $3.5m $3.5m 0.47% Added +14.3k +14,305
14 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 63,57963.6k $3.0m $3.0m 0.01% Reduced -1.2k -1,156
15 Marshall & Sterling Wealth Advisors Inc. 1.70% of their portfolio POUGHKEEPSIE, NY 59,82559.8k $2.9m $2.9m 1.70% Added +712 +712
16 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 55,68055.7k $2.7m $2.7m 0.01% Reduced -9.3k -9,342
17 EP Wealth Advisors, LLC 0.01% of their portfolio TORRANCE, CA 53,99254.0k $2.6m $2.6m 0.01% Reduced -4.4k -4,396
18 Wealthcare Advisory Partners LLC 0.04% of their portfolio WEST CHESTER, PA 44,23744.2k $2.1m $2.1m 0.04% Added +6.1k +6,104
19 Stratos Wealth Partners, LTD. 0.02% of their portfolio BEACHWOOD, OH 43,07243.1k $2.1m $2.1m 0.02% Reduced -5.4k -5,424
20 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 42,59142.6k $2.0m $2.0m 0.00% Added +20.5k +20,517
21 INTEGRITY ALLIANCE, LLC. 0.06% of their portfolio Urbandale, IA 37,22737.2k $1.8m $1.8m 0.06% Added +1.5k +1,510
22 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 29,53429.5k $1.4m $1.4m 0.00% Reduced -1.0k -1,039
23 KPP Advisory Services LLC 0.18% of their portfolio Louisville, KY 28,86928.9k $1.4m $1.4m 0.18% Unchanged
24 4WEALTH ADVISORS, INC. 0.86% of their portfolio Burr Ridge, IL 23,40823.4k $1.1m $1.1m 0.86% Reduced -7.2k -7,233
25 IFP Advisors, Inc 0.02% of their portfolio TAMPA, FL 21,81421.8k $1.0m $1.0m 0.02% Added +6 +6
26 Weaver Consulting Group 0.21% of their portfolio HUNTINGTON BEACH, CA 21,20021.2k $1.0m $1.0m 0.21% Added +13.9k +13,950
27 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 20,03120.0k $960.7k $960.7k 0.02% Reduced -4.5k -4,500
28 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 18,90418.9k $906.0k $906.0k 0.00% Added +12.1k +12,053
29 Curran Financial Partners, LLC 0.13% of their portfolio DANIEL ISLAND, SC 18,46118.5k $885.4k $885.4k 0.13% Reduced -737 -737
30 HighPoint Advisor Group LLC 0.03% of their portfolio DOWNERS GROVE, IL 17,18217.2k $824.0k $824.0k 0.03% Reduced -5.2k -5,176
31 CoreCap Advisors, LLC 0.02% of their portfolio SOUTHFIELD, MI 16,90816.9k $810.9k $810.9k 0.02% Added +3.6k +3,629
32 WealthBridge Capital Management, LLC 0.16% of their portfolio WESTERVILLE, OH 16,56216.6k $794.3k $794.3k 0.16% Unchanged
33 49 WEALTH MANAGEMENT, LLC 0.15% of their portfolio AUSTIN, TX 16,28416.3k $781.0k $781.0k 0.15% Reduced -168.8k -168,754
34 ALONGSIDE, LLC 0.15% of their portfolio AUSTIN, TX 16,28416.3k $781.0k $781.0k 0.15% First filing
35 Empirical Asset Management, LLC 0.16% of their portfolio WELLESLEY, MA 14,91214.9k $715.2k $715.2k 0.16% Reduced -193 -193
36 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 14,58314.6k $699.4k $699.4k 0.00% Reduced -8.7k -8,664
37 Stewardship Advisors, LLC 0.13% of their portfolio MOUNT JOY, PA 13,17413.2k $631.8k $631.8k 0.13% Added +2.1k +2,085
38 LVW Advisors, LLC 0.05% of their portfolio PITTSFORD, NY 11,59111.6k $555.9k $555.9k 0.05% Reduced -2.3k -2,339
39 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 9,7379.7k $467.0k $467.0k 0.00% Added +2.2k +2,180
40 Kovack Advisors, Inc. 0.02% of their portfolio FT. LAUDERDALE, FL 7,7937.8k $373.7k $373.7k 0.02% Reduced -112 -112
41 Proactive Wealth Strategies LLC 0.06% of their portfolio MARIETTA, GA 7,4167.4k $355.7k $355.7k 0.06% New
42 Royal Fund Management, LLC 0.03% of their portfolio Lady Lake, FL 6,2686.3k $300.7k $300.7k 0.03% New
43 Cullen/Frost Bankers, Inc. 0.00% of their portfolio San Antonio, TX 5,7505.8k $275.8k $275.8k 0.00% Unchanged
44 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 5,5685.6k $267.0k $267.0k 0.00% Added +28 +28
45 Crew Capital Management, Ltd 0.14% of their portfolio CINCINNATI, OH 5,4335.4k $260.6k $260.6k 0.14% New
46 FELL CAPITAL MANAGEMENT /ADV 0.21% of their portfolio NEWPORT BEACH, CA 5,1755.2k $248.2k $248.2k 0.21% Unchanged
47 F/m Investments LLC 0.01% of their portfolio WASHINGTON, DC 5,1475.1k $246.9k $246.9k 0.01% Reduced -398 -398
48 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 4,9384.9k $236.8k $236.8k 0.00% Added +17 +17
49 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 4,8954.9k $234.8k $234.8k 0.00% New
50 BCS Private Wealth Management, Inc. 0.07% of their portfolio RUMSON, NJ 4,7004.7k $225.4k $225.4k 0.07% Unchanged
51 Kraft, Davis & Associates, LLC 0.04% of their portfolio St. Louis, MO 4,4804.5k $214.7k $214.7k 0.04% Unchanged
52 WBI INVESTMENTS, LLC 0.05% of their portfolio RED BANK, NJ 4,2664.3k $204.6k $204.6k 0.05% Reduced -1.9k -1,858
53 Maridea Wealth Management LLC 0.02% of their portfolio BROOKLYN, NY 4,1874.2k $200.8k $200.8k 0.02% Reduced -70 -70
54 Crews Bank & Trust 0.03% of their portfolio PORT CHARLOTTE, FL 4,0254.0k $193.0k $193.0k 0.03% Reduced -105 -105
55 Brentview Investment Management LLC 0.08% of their portfolio NORTHFIELD, IL 4,0004.0k $191.8k $191.8k 0.08% Unchanged
56 CENTRAL TRUST Co 0.00% of their portfolio JEFFERSON CITY, MO 3,4003.4k $163.1k $163.1k 0.00% Unchanged
57 Harborfront Financial Group LLC 0.51% of their portfolio LUDINGTON, MI 2,8402.8k $136.2k $136.2k 0.51% First filing
58 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 2,5502.5k $122.3k $122.3k 0.00% Unchanged
59 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,0202.0k $96.9k $96.9k 0.00% Unchanged
60 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 1,4341.4k $68.8k $68.8k 0.00% Unchanged
61 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 1,3941.4k $66.9k $66.9k 0.00% Unchanged
62 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 1,2461.2k $59.8k $59.8k 0.00% New
63 CX Institutional 0.00% of their portfolio AUBURN, IN 1,0111.0k $48.0k $48.0k 0.00% New
64 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 862862 $41.5k $41.5k 0.00% New
65 Alpine Bank Wealth Management 0.01% of their portfolio GRAND JUNCTION, CO 836836 $40.1k $40.1k 0.01% New
66 West Branch Capital LLC 0.01% of their portfolio AMHERST, MA 573573 $27.5k $27.5k 0.01% Added +4 +4
67 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 500500 $24.0k $24.0k 0.00% Unchanged
68 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 412412 $19.8k $19.8k 0.00% First filing
69 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 200200 $9.6k $9.6k 0.00% New
70 Allied Private Wealth LLC 0.01% of their portfolio BOCA RATON, FL 200200 $9.6k $9.6k 0.01% First filing
71 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 183183 $8.8k $8.8k 0.00% Unchanged
72 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 151151 $7.2k $7.2k 0.00% Reduced -99 -99
73 Front Row Advisors LLC 0.00% of their portfolio TIBURON, CA 100100 $4.8k $4.8k 0.00% Unchanged
74 WHITTIER TRUST CO OF NEVADA INC 0.00% of their portfolio RENO, NV 8484 $4.0k $4.0k 0.00% New
75 FMR LLC 0.00% of their portfolio BOSTON, MA 4545 $2.1k $2.1k 0.00% Reduced -410 -410
76 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 2424 $1.2k $1.2k 0.00% Reduced -9.0k -8,990
77 DHJJ Financial Advisors, Ltd. 0.00% of their portfolio NAPERVILLE, IL 22 $103 $103 0.00% Unchanged
78 Sankala Group LLC 0.00% of their portfolio LYONS, CO 11 $48 $48 0.00% Reduced -151 -151