Vault-13

SERIES PORTFOLIOS TR CLOX

ELDRIDGE AAA CLO · ETP · CUSIP 81752T486

55 institutional holders +9 vs Q3 2025
5,817,5515.8m shares reported held*
$148.4mreported value*
12 new 13 added 17 reduced 5 sold out net bought ≈ $48.6m (+1.9m 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 ≈ $25.51.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 23: 13Q4 23: 19Q1 24: 20Q2 24: 24Q3 24: 26Q4 24: 24Q1 25: 34Q2 25: 47Q3 25: 46Q4 25: 5555Q3 23Q1 24Q3 24Q1 25Q3 25Q4 25
Numbers
QuarterHolders
Q3 202313
Q4 202319
Q1 202420
Q2 202424
Q3 202426
Q4 202424
Q1 202534
Q2 202547
Q3 202546
Q4 202555

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 24: 13 bought or addedQ1 24: 9 cut or sold outQ2 24: 15 bought or addedQ2 24: 6 cut or sold outQ2 24Q3 24: 19 bought or addedQ3 24: 8 cut or sold outQ4 24: 8 bought or addedQ4 24: 18 cut or sold outQ4 24Q1 25: 20 bought or addedQ1 25: 14 cut or sold outQ2 25: 33 bought or addedQ2 25: 9 cut or sold outQ2 25Q3 25: 25 bought or addedQ3 25: 19 cut or sold outQ4 25: 25 bought or addedQ4 25: 22 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024139
Q2 2024156
Q3 2024198
Q4 2024818
Q1 20252014
Q2 2025339
Q3 20252519
Q4 20252522

Biggest buyers

LPL Financial LLC New +640,192+640.2k
Spectrum Asset Management, Inc. (NB/CA) New +545,921+545.9k
FOURPATH CAPITAL MANAGEMENT, LLC New +536,031+536.0k
Carmel Capital Partners, LLC Added +63,529+63.5k
Copia Wealth Management Added +60,696+60.7k
Brookwood Investment Group LLC New +53,643+53.6k
Janney Montgomery Scott LLC New +49,515+49.5k
Inspire Advisors, LLC Added +27,233+27.2k
WMG Financial Advisors, LLC Added +26,212+26.2k
Fortis Group Advisors, LLC Added +22,378+22.4k

Biggest sellers

Black Swift Group, LLC Reduced -38,595-38.6k
ROYAL BANK OF CANADA Reduced -34,132-34.1k
OLD MISSION CAPITAL LLC Reduced -31,997-32.0k
BANK OF AMERICA CORP /DE/ Sold out -22,671-22.7k
CITADEL ADVISORS LLC Reduced -15,910-15.9k
Tower Research Capital LLC (TRC) Reduced -15,198-15.2k
HighTower Advisors, LLC Reduced -12,037-12.0k
DRIVE WEALTH MANAGEMENT, LLC Sold out -10,000-10.0k
Arax Advisory Partners Reduced -9,876-9.9k
JANE STREET GROUP, LLC Reduced -7,456-7.5k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SECURITY BENEFIT LIFE INSURANCE CO /KS/ 23.80% of their portfolio TOPEKA, KS 2,258,8062.3m $57.6m $57.6m 23.80% Unchanged
2 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 640,192640.2k $16.3m $16.3m 0.00% New
3 Spectrum Asset Management, Inc. (NB/CA) 4.65% of their portfolio NEWPORT BEACH, CA 545,921545.9k $13.9m $13.9m 4.65% New
4 FOURPATH CAPITAL MANAGEMENT, LLC 1.87% of their portfolio OKLAHOMA CITY, OK 536,031536.0k $13.7m $13.7m 1.87% New
5 Ball & Co Wealth Management Inc. 4.34% of their portfolio FRANKLIN, TN 264,121264.1k $6.7m $6.7m 4.34% Added +2.6k +2,640
6 Carmel Capital Partners, LLC 2.12% of their portfolio SAN DIEGO, CA 236,314236.3k $6.0m $6.0m 2.12% Added +63.5k +63,529
7 Copia Wealth Management 3.35% of their portfolio BEND, OR 183,609183.6k $4.7m $4.7m 3.35% Added +60.7k +60,696
8 Arax Advisory Partners 0.08% of their portfolio NEW YORK, NY 110,414110.4k $2.8m $2.8m 0.08% Reduced -9.9k -9,876
9 WMG Financial Advisors, LLC 1.10% of their portfolio Knoxville, TN 104,472104.5k $2.7m $2.7m 1.10% Added +26.2k +26,212
10 Black Swift Group, LLC 0.43% of their portfolio BOULDER, CO 99,30599.3k $2.6m $2.6m 0.43% Reduced -38.6k -38,595
11 Inspire Advisors, LLC 0.22% of their portfolio Meridian, ID 92,62192.6k $2.4m $2.4m 0.22% Added +27.2k +27,233
12 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 84,26184.3k $2.1m $2.1m 0.00% Reduced -34.1k -34,132
13 Fortis Group Advisors, LLC 0.24% of their portfolio WESTWOOD, NJ 54,76054.8k $1.4m $1.4m 0.24% Added +22.4k +22,378
14 Brookwood Investment Group LLC 0.16% of their portfolio PHOENIX, AZ 53,64353.6k $1.4m $1.4m 0.16% New
15 Valeo Financial Advisors, LLC 0.03% of their portfolio CARMEL, IN 50,00050.0k $1.3m $1.3m 0.03% Unchanged
16 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 49,51549.5k $1.3m $1.3m 0.00% New
17 WESPAC Advisors, LLC 0.68% of their portfolio ORINDA, CA 48,92948.9k $1.2m $1.2m 0.68% Reduced -5.4k -5,357
18 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 32,67832.7k $833.6k $833.6k 0.00% Added +3.1k +3,123
19 J.W. COLE ADVISORS, INC. 0.02% of their portfolio TAMPA, FL 28,55328.6k $728.4k $728.4k 0.02% Reduced -992 -992
20 GRIFFIN ASSET MANAGEMENT, INC. 0.07% of their portfolio New York, NY 26,57426.6k $677.9k $677.9k 0.07% Reduced -6.5k -6,545
21 Prostatis Group LLC 0.14% of their portfolio HANOVER, MD 23,79023.8k $606.9k $606.9k 0.14% Added +7.3k +7,258
22 Silverleafe Capital Partners, LLC 0.17% of their portfolio GERMANTOWN, TN 22,91522.9k $584.6k $584.6k 0.17% Added +9.9k +9,904
23 B. Riley Wealth Advisors, Inc. 0.03% of their portfolio MEMPHIS, TN 22,42622.4k $572.1k $572.1k 0.03% Reduced -6.4k -6,404
24 Centric Wealth Management 0.11% of their portfolio CHICAGO, IL 20,00020.0k $512.7k $512.7k 0.11% New
25 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 18,22918.2k $465.0k $465.0k 0.00% Reduced -15.9k -15,910
26 Rockport Wealth LLC 0.08% of their portfolio Fairview Park, OH 15,31415.3k $390.7k $390.7k 0.08% Added +5.9k +5,867
27 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 15,29015.3k $390.0k $390.0k 0.00% Reduced -142 -142
28 Strait & Sound Wealth Management LLC 0.14% of their portfolio SAN FRANCISCO, CA 14,77914.8k $377.0k $377.0k 0.14% Reduced -1.1k -1,097
29 PRIVATE TRUST CO NA 0.03% of their portfolio CLEVELAND, OH 14,77514.8k $376.9k $376.9k 0.03% New
30 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 14,21614.2k $362.6k $362.6k 0.00% Reduced -12.0k -12,037
31 Integrated Advisors Network LLC 0.01% of their portfolio DALLAS, TX 13,15113.2k $335.5k $335.5k 0.01% New
32 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 12,41012.4k $316.6k $316.6k 0.00% Added +158 +158
33 Koshinski Asset Management, Inc. 0.02% of their portfolio DECATUR, IL 12,24912.2k $312.5k $312.5k 0.02% Unchanged
34 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 11,98712.0k $305.8k $305.8k 0.00% Reduced -7.5k -7,456
35 Blue Water Asset Management 0.11% of their portfolio GRAND RAPIDS, MI 11,96712.0k $305.3k $305.3k 0.11% First filing
36 INSIGNEO ADVISORY SERVICES, LLC 0.02% of their portfolio MIAMI, FL 11,73111.7k $299.3k $299.3k 0.02% New
37 PRIMORIS WEALTH ADVISORS, LLC 0.17% of their portfolio North Palm Beach, FL 11,25011.2k $287.0k $287.0k 0.17% Unchanged
38 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 10,03410.0k $256.0k $256.0k 0.01% Reduced -32.0k -31,997
39 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 8,2948.3k $211.6k $211.6k 0.01% Reduced -15.2k -15,198
40 Elevated Capital Advisors, LLC 0.05% of their portfolio SANDY, UT 7,6567.7k $195.3k $195.3k 0.05% New
41 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 6,4146.4k $163.6k $163.6k 0.00% Added +5.4k +5,414
42 Estate Planners Group, LLC 0.05% of their portfolio YARDLEY, PA 4,5584.6k $116.3k $116.3k 0.05% First filing
43 CWM, LLC 0.00% of their portfolio OMAHA, NE 3,7093.7k $95.0k $95.0k 0.00% Reduced -875 -875
44 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 2,1582.2k $55.0k $55.0k 0.00% New
45 Cedar Wealth Management, LLC 0.01% of their portfolio LA JOLLA, CA 1,5651.6k $39.9k $39.9k 0.01% Unchanged
46 COMERICA BANK 0.00% of their portfolio DALLAS, TX 1,4871.5k $37.9k $37.9k 0.00% Unchanged
47 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 1,3791.4k $35.2k $35.2k 0.00% Reduced -388 -388
48 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,2501.2k $31.9k $31.9k 0.00% Unchanged
49 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,1951.2k $30.5k $30.5k 0.00% New
50 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 272272 $6.9k $6.9k 0.00% Added +1 +1
51 Rossby Financial, LCC 0.00% of their portfolio MELBOURNE, FL 128128 $3.3k $3.3k 0.00% Unchanged
52 SHP Wealth Management 0.00% of their portfolio PLYMOUTH, MA 105105 $2.7k $2.7k 0.00% First filing
53 Quest 10 Wealth Builders, Inc. 0.00% of their portfolio Fuquay-Varina, VA 8787 $2.2k $2.2k 0.00% Reduced -7 -7
54 New Millennium Group LLC 0.00% of their portfolio SANDY, UT 4949 $1.2k $1.2k 0.00% Unchanged
55 Spurstone Advisory Services, LLC 0.01% of their portfolio HIGGANUM, CT 1313 $332 $332 0.01% Unchanged