Vault-13

SEI EXCHANGE TRADED FUNDS QALT

DBI MULTI-STRGY · ETP · CUSIP 81589A809

31 institutional holders +4 vs Q4 2025
770,825770.8k shares reported held*
$19.5mreported value*
9 new 7 added 11 reduced 5 sold out net sold ≈ $19.5m (-770.3k 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 ≈ $25.33.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

02040Q3 25: 25Q4 25: 27Q1 26: 3131Q3 25Q4 25Q1 26
Numbers
QuarterHolders
Q3 202525
Q4 202527
Q1 202631

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 25: 15 bought or addedQ4 25: 14 cut or sold outQ4 25Q1 26: 16 bought or addedQ1 26: 16 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q4 20251514
Q1 20261616

Biggest buyers

Beacon Pointe Advisors, LLC New +15,129+15.1k
Merit Financial Group, LLC Added +9,376+9.4k
Advisory Services Network, LLC New +8,473+8.5k
Patriot Financial Group Insurance Agency, LLC Added +8,241+8.2k
COMPASS CAPITAL CORP /MA/ /ADV New +8,205+8.2k
MAI Capital Management New +1,632+1.6k
Janney Montgomery Scott LLC Added +1,542+1.5k
JPMORGAN CHASE & CO New +1,353+1.4k
Rossby Financial, LCC New +536+536
Stewardship Advisors, LLC Added +507+507

Biggest sellers

OSAIC HOLDINGS, INC. Reduced -734,362-734.4k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -53,887-53.9k
INSIGNEO ADVISORY SERVICES, LLC Sold out -18,163-18.2k
Csenge Advisory Group Sold out -11,471-11.5k
Cornerstone National Bank & Trust Co Reduced -4,911-4.9k
JANE STREET GROUP, LLC Reduced -1,083-1.1k
Turning Point Benefit Group, Inc. Sold out -1,021-1.0k
Ameritas Advisory Services, LLC Reduced -550-550
ROYAL BANK OF CANADA Reduced -424-424
Cape Investment Advisory, Inc. Sold out -177-177

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Merit Financial Group, LLC 0.05% of their portfolio ALPHARETTA, GA 243,341243.3k $6.2m $6.2m 0.05% Added +9.4k +9,376
2 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 240,542240.5k $6.1m $6.1m 0.01% Reduced -734.4k -734,362
3 James Hambro & Partners LLP 0.05% of their portfolio LONDON, X0 52,28352.3k $1.3m $1.3m 0.05% Unchanged
4 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 43,98144.0k $1.1m $1.1m 0.00% Reduced -53.9k -53,887
5 Ameritas Advisory Services, LLC 0.03% of their portfolio Lincoln, NE 32,59732.6k $824.5k $824.5k 0.03% Reduced -550 -550
6 Stewardship Advisors, LLC 0.11% of their portfolio MOUNT JOY, PA 19,77519.8k $500.2k $500.2k 0.11% Added +507 +507
7 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 19,69119.7k $498.0k $498.0k 0.00% Added +1.5k +1,542
8 Patriot Financial Group Insurance Agency, LLC 0.03% of their portfolio Westborough, MA 19,15019.1k $484.4k $484.4k 0.03% Added +8.2k +8,241
9 CORA CAPITAL ADVISORS LLC 0.13% of their portfolio MARLTON, NJ 15,73815.7k $398.1k $398.1k 0.13% Added +204 +204
10 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 15,32115.3k $387.6k $387.6k 0.00% Added +264 +264
11 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 15,12915.1k $382.8k $382.8k 0.00% New
12 LexAurum Advisors, LLC 0.04% of their portfolio OVERLAND PARK, KS 11,94711.9k $302.2k $302.2k 0.04% First filing
13 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 10,80210.8k $273.2k $273.2k 0.00% Reduced -1.1k -1,083
14 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 8,4738.5k $214.3k $214.3k 0.00% New
15 COMPASS CAPITAL CORP /MA/ /ADV 0.08% of their portfolio BRAINTREE, MA 8,2058.2k $210.7k $210.7k 0.08% New
16 Silver Grove Financial Group, Inc. 0.05% of their portfolio ORCHARD PARK, NY 2,4912.5k $63.0k $63.0k 0.05% Unchanged
17 WPG Advisers, LLC 0.03% of their portfolio BALTIMORE, MD 1,7471.7k $44.2k $44.2k 0.03% Reduced -2 -2
18 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,7331.7k $44.0k $44.0k 0.00% Reduced -424 -424
19 Pinnacle Wealth Planning Services, Inc. 0.00% of their portfolio MANSFIELD, OH 1,7141.7k $43.4k $43.4k 0.00% Reduced -4 -4
20 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 1,6321.6k $41.3k $41.3k 0.00% New
21 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,3531.4k $34.3k $34.3k 0.00% New
22 Cornerstone National Bank & Trust Co 0.01% of their portfolio PALATINE, IL 785785 $19.9k $19.9k 0.01% Reduced -4.9k -4,911
23 CWM, LLC 0.00% of their portfolio OMAHA, NE 623623 $15.8k $15.8k 0.00% Added +129 +129
24 Rossby Financial, LCC 0.00% of their portfolio MELBOURNE, FL 536536 $13.6k $13.6k 0.00% New
25 Whipplewood Advisors, LLC 0.01% of their portfolio LITTLETON, CO 405405 $10.2k $10.2k 0.01% Unchanged
26 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 314314 $7.9k $7.9k 0.00% Reduced -124 -124
27 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 268268 $6.8k $6.8k 0.00% New
28 UBS Group AG 0.00% of their portfolio ZURICH, V8 9494 $2.4k $2.4k 0.00% Reduced -109 -109
29 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 9393 $2.4k $2.4k 0.00% New
30 IFG Advisory, LLC 0.00% of their portfolio ATLANTA, GA 6060 $1.5k $1.5k 0.00% New
31 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 22 $51 $51 0.00% Reduced -25 -25