Vault-13

SERIES PORTFOLIOS TR CLOZ

ELDRIDGE BBB B · ETP · CUSIP 81752T528

86 institutional holders -2 vs Q1 2025
12,291,17312.3m shares reported held*
$328.7mreported value*
21 new 24 added 24 reduced 21 sold out net bought ≈ $48.2m (+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 ($588 this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $26.74.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100Q1 23: 9Q2 23: 6Q3 23: 13Q4 23: 21Q1 24: 25Q2 24: 46Q3 24: 57Q4 24: 63Q1 25: 88Q2 25: 8686Q1 23Q3 23Q1 24Q3 24Q1 25Q2 25
Numbers
QuarterHolders
Q1 20239
Q2 20236
Q3 202313
Q4 202321
Q1 202425
Q2 202446
Q3 202457
Q4 202463
Q1 202588
Q2 202586

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 11 bought or addedQ3 23: 3 cut or sold outQ4 23: 16 bought or addedQ4 23: 2 cut or sold outQ4 23Q1 24: 19 bought or addedQ1 24: 8 cut or sold outQ2 24: 36 bought or addedQ2 24: 6 cut or sold outQ2 24Q3 24: 41 bought or addedQ3 24: 19 cut or sold outQ4 24: 42 bought or addedQ4 24: 22 cut or sold outQ4 24Q1 25: 55 bought or addedQ1 25: 29 cut or sold outQ2 25: 45 bought or addedQ2 25: 45 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023113
Q4 2023162
Q1 2024198
Q2 2024366
Q3 20244119
Q4 20244222
Q1 20255529
Q2 20254545

Biggest buyers

Arax Advisory Partners New +1,423,147+1.4m
GOLDMAN SACHS GROUP INC Added +964,385+964.4k
BARCLAYS PLC Added +260,531+260.5k
JANE STREET GROUP, LLC Added +218,198+218.2k
Tower Research Capital LLC (TRC) Added +143,334+143.3k
STIFEL FINANCIAL CORP New +139,571+139.6k
Bienville Capital Management, LLC New +109,768+109.8k
RENAISSANCE TECHNOLOGIES LLC New +103,527+103.5k
HighTower Advisors, LLC Added +88,290+88.3k
NorthCoast Asset Management LLC Added +85,116+85.1k

Biggest sellers

Donoghue Forlines LLC Sold out -371,741-371.7k
TRUIST FINANCIAL CORP Sold out -253,261-253.3k
Inspire Advisors, LLC Sold out -149,203-149.2k
Sowell Financial Services LLC Reduced -144,993-145.0k
UBS Group AG Reduced -142,060-142.1k
ENVESTNET ASSET MANAGEMENT INC Reduced -141,387-141.4k
Perigon Wealth Management, LLC Sold out -122,915-122.9k
GTS SECURITIES LLC Sold out -117,693-117.7k
Atria Investments, Inc Reduced -114,628-114.6k
Fortis Group Advisors, LLC Sold out -109,777-109.8k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SECURITY BENEFIT LIFE INSURANCE CO /KS/ 20.52% of their portfolio TOPEKA, KS 1,625,5761.6m $43.5m $43.5m 20.52% Unchanged
2 Arax Advisory Partners 1.75% of their portfolio NEW YORK, NY 1,423,1471.4m $38.1m $38.1m 1.75% New
3 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,172,8351.2m $31.4m $31.4m 0.01% Added +964.4k +964,385
4 NorthCoast Asset Management LLC 0.13% of their portfolio STAMFORD, CT 1,164,6791.2m $31.1m $31.1m 0.13% Added +85.1k +85,116
5 State of New Jersey Common Pension Fund D 0.10% of their portfolio TRENTON, NJ 1,000,0001.0m $26.7m $26.7m 0.10% Unchanged
6 Guardian Financial Partners, LLC 9.27% of their portfolio ORANGE, CA 772,041772.0k $20.6m $20.6m 9.27% Added +15.0k +15,001
7 Gradient Investments LLC 0.24% of their portfolio ARDEN HILLS, MN 494,630494.6k $13.2m $13.2m 0.24% Added +7.3k +7,342
8 Black Swift Group, LLC 2.34% of their portfolio BOULDER, CO 433,340433.3k $11.6m $11.6m 2.34% Reduced -76.1k -76,115
9 Brookstone Capital Management 0.15% of their portfolio WHEATON, IL 421,192421.2k $11.3m $11.3m 0.15% Reduced -301 -301
10 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 318,582318.6k $8.5m $8.5m 0.00% Added +260.5k +260,531
11 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 303,824303.8k $8.1m $8.1m 0.01% Added +218.2k +218,198
12 Atria Investments, Inc 0.05% of their portfolio Charlotte, NC 165,953166.0k $4.4m $4.4m 0.05% Reduced -114.6k -114,628
13 Mariner, LLC 0.01% of their portfolio Overland Park, KS 154,776154.8k $4.1m $4.1m 0.01% Reduced -78.3k -78,318
14 NATIXIS ADVISORS, LLC 0.01% of their portfolio Boston, MA 150,380150.4k $4.0m $4.0m 0.01% Added +21.7k +21,673
15 Sowell Financial Services LLC 0.16% of their portfolio NORTH LITTLE ROCK, AR 149,931149.9k $4.0m $4.0m 0.16% Reduced -145.0k -144,993
16 Tower Research Capital LLC (TRC) 0.10% of their portfolio NEW YORK, NY 143,824143.8k $3.8m $3.8m 0.10% Added +143.3k +143,334
17 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 139,740139.7k $3.7m $3.7m 0.00% Reduced -141.4k -141,387
18 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 139,571139.6k $3.7m $3.7m 0.00% New
19 CWC Advisors, LLC. 1.90% of their portfolio LAKE OSWEGO, OR 137,504137.5k $3.7m $3.7m 1.90% Added +13.3k +13,268
20 Valeo Financial Advisors, LLC 0.08% of their portfolio CARMEL, IN 123,764123.8k $3.3m $3.3m 0.08% Unchanged
21 OLD MISSION CAPITAL LLC 0.09% of their portfolio CHICAGO, IL 119,928119.9k $3.2m $3.2m 0.09% Added +75.7k +75,736
22 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 118,769118.8k $3.2m $3.2m 0.00% Added +88.3k +88,290
23 Bienville Capital Management, LLC 0.58% of their portfolio New York, NY 109,768109.8k $2.9m $2.9m 0.58% New
24 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 103,527103.5k $2.8m $2.8m 0.00% New
25 Almanack Investment Partners, LLC. 0.41% of their portfolio WAYNE, PA 96,88896.9k $2.6m $2.6m 0.41% Added +71.3k +71,292
26 Cedar Wealth Management, LLC 0.86% of their portfolio LA JOLLA, CA 94,59694.6k $2.5m $2.5m 0.86% Added +5.7k +5,738
27 Rockport Wealth LLC 0.55% of their portfolio Fairview Park, OH 88,68688.7k $2.4m $2.4m 0.55% Added +9.3k +9,347
28 Sound Income Strategies, LLC 0.14% of their portfolio FT LAUDERDALE, FL 88,61688.6k $2.4m $2.4m 0.14% Added +65.7k +65,686
29 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 66,33566.3k $1.8m $1.8m 0.01% New
30 WMG Financial Advisors, LLC 0.64% of their portfolio Knoxville, TN 64,65064.7k $1.7m $1.7m 0.64% Added +23.0k +23,000
31 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 51,61451.6k $1.4m $1.4m 0.00% Reduced -25.6k -25,585
32 BI Asset Management Fondsmaeglerselskab A/S 0.01% of their portfolio KOBENHAVN, G7 47,99948.0k $1.3m $1.3m 0.01% Unchanged
33 Knott David M Jr 0.58% of their portfolio SYOSSET, NY 47,80747.8k $1.3m $1.3m 0.58% Unchanged
34 Gladstone Institutional Advisory LLC 0.05% of their portfolio Bedminster, NJ 45,85045.9k $1.2m $1.2m 0.05% Reduced -2.7k -2,684
35 Verity Asset Management, Inc. 0.57% of their portfolio DURHAM, NC 44,42444.4k $1.2m $1.2m 0.57% Reduced -23.6k -23,555
36 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 43,79643.8k $1.2m $1.2m 0.01% Reduced -14.5k -14,481
37 MGO ONE SEVEN LLC 0.03% of their portfolio Beachwood, OH 37,10137.1k $992.1k $992.1k 0.03% Reduced -89 -89
38 SEAVIEW INVESTMENT MANAGERS LLC 0.20% of their portfolio MIAMI, FL 34,88234.9k $932.7k $932.7k 0.20% Added +3.6k +3,619
39 Claris Financial LLC 0.69% of their portfolio GLEN ALLEN, VA 34,46334.5k $921.5k $921.5k 0.69% New
40 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 34,37234.4k $919.1k $919.1k 0.00% Unchanged
41 Hilltop Holdings Inc. 0.05% of their portfolio DALLAS, TX 29,85029.9k $798.2k $798.2k 0.05% Added +17.5k +17,465
42 Copia Wealth Management 0.66% of their portfolio BEND, OR 29,14129.1k $779.2k $779.2k 0.66% Reduced -168 -168
43 BALDWIN WEALTH PARTNERS LLC/MA 0.05% of their portfolio Marion, MA 28,81228.8k $770.4k $770.4k 0.05% Reduced -2.1k -2,119
44 Ethos Financial Group, LLC 0.07% of their portfolio KING OF PRUSSIA, PA 28,65328.7k $766.2k $766.2k 0.07% Added +12.6k +12,584
45 Impact Partnership Wealth, LLC 0.14% of their portfolio MARIETTA, GA 27,58227.6k $737.6k $737.6k 0.14% New
46 PRIMORIS WEALTH ADVISORS, LLC 0.43% of their portfolio North Palm Beach, FL 23,50023.5k $628.4k $628.4k 0.43% Added +13.2k +13,200
47 Nordwand Advisors, LLC 0.09% of their portfolio RADNOR, PA 22,60022.6k $604.3k $604.3k 0.09% Unchanged
48 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 22,47122.5k $601.0k $601.0k 0.00% Reduced -23.3k -23,334
49 GRIFFIN ASSET MANAGEMENT, INC. 0.07% of their portfolio New York, NY 20,99621.0k $561.4k $561.4k 0.07% New
50 Elevated Capital Advisors, LLC 0.15% of their portfolio SANDY, UT 19,86519.9k $527.8k $527.8k 0.15% Unchanged
51 Darden Wealth Group Inc 0.30% of their portfolio ANN ARBOR, MI 18,55018.6k $496.0k $496.0k 0.30% New
52 NFSG Corp 0.08% of their portfolio BOCA RATON, FL 18,24618.2k $487.9k $487.9k 0.08% Added +10.2k +10,212
53 NAPA WEALTH MANAGEMENT 0.23% of their portfolio Napa, CA 17,68617.7k $472.9k $472.9k 0.23% Reduced -980 -980
54 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 12,92212.9k $345.5k $345.5k 0.00% New
55 Koshinski Asset Management, Inc. 0.03% of their portfolio DECATUR, IL 12,80212.8k $342.3k $342.3k 0.03% New
56 Tactive Advisors, LLC 0.11% of their portfolio Jacksonville, FL 12,35212.4k $330.3k $330.3k 0.11% First filing
57 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 11,96412.0k $319.9k $319.9k 0.00% Added +246 +246
58 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 11,75711.8k $314.4k $314.4k 0.01% Unchanged
59 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 11,39811.4k $304.0k $304.0k 0.00% Reduced -4.2k -4,198
60 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 11,35111.4k $304.0k $304.0k 0.00% Reduced -17.9k -17,908
61 UBS Group AG 0.00% of their portfolio ZURICH, V8 11,06311.1k $295.8k $295.8k 0.00% Reduced -142.1k -142,060
62 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 10,82510.8k $289.0k $289.0k 0.00% Reduced -22.0k -21,990
63 HOHIMER WEALTH MANAGEMENT, LLC 0.05% of their portfolio SEATTLE, WA 10,00010.0k $267.4k $267.4k 0.05% Unchanged
64 VestGen Advisors, LLC 0.01% of their portfolio CHICAGO, IL 9,9039.9k $264.8k $264.8k 0.01% Reduced -5.3k -5,275
65 Insight Wealth Strategies, LLC 0.03% of their portfolio SAN RAMON, CA 9,7189.7k $260.2k $260.2k 0.03% Added +201 +201
66 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 8,0008.0k $213.9k $213.9k 0.00% Unchanged
67 Triad Wealth Partners, LLC 0.04% of their portfolio LAWRENCE, KS 7,5847.6k $202.8k $202.8k 0.04% Reduced -473 -473
68 Manchester Capital Management LLC 0.01% of their portfolio MANCHESTER, VT 4,0004.0k $107.0k $107.0k 0.01% Unchanged
69 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 3,7223.7k $99.5k $99.5k 0.00% Unchanged
70 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 3,6003.6k $96.3k $96.3k 0.00% Reduced -400 -400
71 BASSO CAPITAL MANAGEMENT, L.P. 0.07% of their portfolio STAMFORD, CT 3,5003.5k $93.6k $93.6k 0.07% New
72 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1,7001.7k $45.5k $45.5k 0.00% New
73 Reyes Financial Architecture, Inc. 0.04% of their portfolio SAN DIEGO, CA 1,6531.7k $44.2k $44.2k 0.04% New
74 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,2751.3k $34.1k $34.1k 0.00% Reduced -245 -245
75 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 737737 $19.7k $19.7k 0.00% New
76 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 500500 $13.4k $13.4k 0.00% New
77 Capital A Wealth Management, LLC 0.14% of their portfolio CRANBERRY TWP, PA 488488 $12.9k $12.9k 0.14% New
78 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 300300 $8.0k $8.0k 0.00% Reduced -421 -421
79 Pineridge Advisors LLC 0.00% of their portfolio ST. CHARLES, MO 300300 $8.0k $8.0k 0.00% Added +2 +2
80 ELEVATION POINT WEALTH PARTNERS, LLC 0.00% of their portfolio DENVER, CO 206206 $5.5k $5.5k 0.00% New
81 CWM, LLC 0.00% of their portfolio OMAHA, NE 197197 $5.0k $5.0k 0.00% New
82 New Millennium Group LLC 0.00% of their portfolio SANDY, UT 3535 $936 $936 0.00% Unchanged
83 Spurstone Advisory Services, LLC 0.01% of their portfolio HIGGANUM, CT 1414 $374 $374 0.01% Unchanged
84 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 99 $241 $241 0.00% New
85 Mid-American Wealth Advisory Group, Inc. 0.00% of their portfolio KANSAS CITY, MO 88 $214 $214 0.00% New
86 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged