Vault-13

SERIES PORTFOLIOS TR CLOZ

ELDRIDGE BBB B · ETP · CUSIP 81752T528

108 institutional holders +10 vs Q3 2025
15,045,48015.0m shares reported held*
$396.0mreported value*
18 new 39 added 34 reduced 9 sold out net sold ≈ $996.3k (-37.6k 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 ($1.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $26.32.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q1 23: 9Q2 23: 6Q3 23: 13Q4 23: 21Q1 24: 25Q2 24: 46Q3 24: 57Q4 24: 63Q1 25: 88Q2 25: 86Q3 25: 98Q4 25: 108108Q1 23Q4 23Q3 24Q2 25Q4 25
Numbers
QuarterHolders
Q1 20239
Q2 20236
Q3 202313
Q4 202321
Q1 202425
Q2 202446
Q3 202457
Q4 202463
Q1 202588
Q2 202586
Q3 202598
Q4 2025108

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 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 25Q3 25: 66 bought or addedQ3 25: 27 cut or sold outQ4 25: 57 bought or addedQ4 25: 43 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024198
Q2 2024366
Q3 20244119
Q4 20244222
Q1 20255529
Q2 20254545
Q3 20256627
Q4 20255743

Biggest buyers

Focus Partners Wealth New +1,304,334+1.3m
LPL Financial LLC New +583,344+583.3k
JANE STREET GROUP, LLC Added +468,085+468.1k
Tower Research Capital LLC (TRC) Added +161,051+161.1k
FLOW TRADERS U.S. LLC Added +150,591+150.6k
BANK OF AMERICA CORP /DE/ New +96,741+96.7k
STIFEL FINANCIAL CORP Added +77,175+77.2k
Sound Income Strategies, LLC Added +73,437+73.4k
WMG Financial Advisors, LLC Added +53,478+53.5k
Janney Montgomery Scott LLC New +47,966+48.0k

Biggest sellers

NorthCoast Asset Management LLC Sold out -1,262,458-1.3m
GOLDMAN SACHS GROUP INC Reduced -824,810-824.8k
Brookstone Capital Management Reduced -377,381-377.4k
Black Swift Group, LLC Reduced -231,496-231.5k
NATIXIS ADVISORS, LLC Sold out -151,560-151.6k
RENAISSANCE TECHNOLOGIES LLC Reduced -131,076-131.1k
JPMORGAN CHASE & CO Sold out -117,778-117.8k
Ball & Co Wealth Management Inc. Reduced -117,302-117.3k
Almanack Investment Partners, LLC. Reduced -73,501-73.5k
Ocean Park Asset Management, LLC Reduced -38,800-38.8k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Arax Advisory Partners 1.55% of their portfolio NEW YORK, NY 2,010,3272.0m $53.2m $53.2m 1.55% Reduced -12.6k -12,565
2 SECURITY BENEFIT LIFE INSURANCE CO /KS/ 17.78% of their portfolio TOPEKA, KS 1,625,5761.6m $43.0m $43.0m 17.78% Unchanged
3 Focus Partners Wealth 0.04% of their portfolio ST LOUIS, MO 1,304,3341.3m $34.7m $34.7m 0.04% New
4 Estate Planners Group, LLC 8.55% of their portfolio YARDLEY, PA 744,969745.0k $19.7m $19.7m 8.55% First filing
5 Guardian Financial Partners, LLC 8.22% of their portfolio ORANGE, CA 735,819735.8k $19.5m $19.5m 8.22% Reduced -37.6k -37,602
6 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 603,013603.0k $16.0m $16.0m 0.00% Reduced -824.8k -824,810
7 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 583,344583.3k $15.4m $15.4m 0.00% New
8 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 530,707530.7k $14.1m $14.1m 0.02% Added +468.1k +468,085
9 Black Swift Group, LLC 1.30% of their portfolio BOULDER, CO 394,659394.7k $7.8m $7.8m 1.30% Reduced -231.5k -231,496
10 Ocean Park Asset Management, LLC 0.45% of their portfolio SANTA MONICA, CA 364,527364.5k $9.7m $9.7m 0.45% Reduced -38.8k -38,800
11 FLOW TRADERS U.S. LLC 0.27% of their portfolio NEW YORK, NY 310,113310.1k $8.2m $8.2m 0.27% Added +150.6k +150,591
12 State of New Jersey Common Pension Fund D 0.03% of their portfolio TRENTON, NJ 300,000300.0k $7.9m $7.9m 0.03% Unchanged
13 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 288,558288.6k $7.6m $7.6m 0.01% Added +77.2k +77,175
14 Gradient Investments LLC 0.12% of their portfolio ARDEN HILLS, MN 285,578285.6k $7.6m $7.6m 0.12% Added +4.9k +4,914
15 Ball & Co Wealth Management Inc. 4.39% of their portfolio FRANKLIN, TN 257,290257.3k $6.8m $6.8m 4.39% Reduced -117.3k -117,302
16 Carmel Capital Partners, LLC 2.28% of their portfolio SAN DIEGO, CA 244,829244.8k $6.5m $6.5m 2.28% Added +33.4k +33,371
17 Bienville Capital Management, LLC 0.94% of their portfolio New York, NY 222,201222.2k $5.9m $5.9m 0.94% Added +1.3k +1,322
18 Sound Income Strategies, LLC 0.27% of their portfolio FT LAUDERDALE, FL 217,449217.4k $5.8m $5.8m 0.27% Added +73.4k +73,437
19 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 215,176215.2k $5.7m $5.7m 0.02% Reduced -32.8k -32,807
20 Tower Research Capital LLC (TRC) 0.13% of their portfolio NEW YORK, NY 201,580201.6k $5.3m $5.3m 0.13% Added +161.1k +161,051
21 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 196,507196.5k $5.2m $5.2m 0.01% Reduced -4.6k -4,599
22 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 194,156194.2k $5.1m $5.1m 0.00% Reduced -6.8k -6,819
23 Mariner, LLC 0.01% of their portfolio Overland Park, KS 171,506171.5k $4.5m $4.5m 0.01% Added +6.5k +6,482
24 Atria Investments, Inc 0.05% of their portfolio Charlotte, NC 170,020170.0k $4.5m $4.5m 0.05% Reduced -11.7k -11,723
25 Sowell Financial Services LLC 0.15% of their portfolio NORTH LITTLE ROCK, AR 155,101155.1k $4.1m $4.1m 0.15% Added +2.8k +2,821
26 CWC Advisors, LLC. 1.81% of their portfolio LAKE OSWEGO, OR 141,217141.2k $3.7m $3.7m 1.81% Added +9.1k +9,142
27 WMG Financial Advisors, LLC 1.53% of their portfolio Knoxville, TN 139,988140.0k $3.7m $3.7m 1.53% Added +53.5k +53,478
28 Valeo Financial Advisors, LLC 0.07% of their portfolio CARMEL, IN 123,764123.8k $3.3m $3.3m 0.07% Unchanged
29 Rockport Wealth LLC 0.59% of their portfolio Fairview Park, OH 114,221114.2k $3.0m $3.0m 0.59% Added +19.3k +19,326
30 Copia Wealth Management 2.11% of their portfolio BEND, OR 111,427111.4k $3.0m $3.0m 2.11% Added +39.4k +39,378
31 Maridea Wealth Management LLC 0.44% of their portfolio BROOKLYN, NY 109,521109.5k $2.9m $2.9m 0.44% Added +25.5k +25,524
32 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 106,885106.9k $2.8m $2.8m 0.00% Reduced -22.1k -22,131
33 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 102,908102.9k $2.7m $2.7m 0.00% Added +31.9k +31,947
34 Cedar Wealth Management, LLC 0.77% of their portfolio LA JOLLA, CA 96,78196.8k $2.6m $2.6m 0.77% Reduced -3.7k -3,696
35 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 96,74196.7k $2.6m $2.6m 0.00% New
36 Ethos Financial Group, LLC 0.15% of their portfolio KING OF PRUSSIA, PA 77,65677.7k $2.1m $2.1m 0.15% Added +45.1k +45,084
37 BASSO CAPITAL MANAGEMENT, L.P. 1.13% of their portfolio STAMFORD, CT 71,58971.6k $1.9m $1.9m 1.13% Added +15.8k +15,849
38 Hilltop Holdings Inc. 0.11% of their portfolio DALLAS, TX 70,70070.7k $1.9m $1.9m 0.11% Added +28.8k +28,800
39 Almanack Investment Partners, LLC. 0.31% of their portfolio WAYNE, PA 69,35169.4k $1.8m $1.8m 0.31% Reduced -73.5k -73,501
40 Impact Partnership Wealth, LLC 0.22% of their portfolio MARIETTA, GA 65,97166.0k $1.7m $1.7m 0.22% Added +5.7k +5,710
41 Darden Wealth Group Inc 0.81% of their portfolio ANN ARBOR, MI 63,13563.1k $1.7m $1.7m 0.81% Added +9.7k +9,668
42 PRIMORIS WEALTH ADVISORS, LLC 0.82% of their portfolio North Palm Beach, FL 51,45051.5k $1.4m $1.4m 0.82% Unchanged
43 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 47,96648.0k $1.3m $1.3m 0.00% New
44 Knott David M Jr 0.59% of their portfolio SYOSSET, NY 47,80747.8k $1.3m $1.3m 0.59% Unchanged
45 Inspire Advisors, LLC 0.11% of their portfolio Meridian, ID 46,76046.8k $1.2m $1.2m 0.11% Added +18.7k +18,702
46 Brooklyn Investment Group 0.06% of their portfolio NEW YORK, NY 46,13846.1k $1.2m $1.2m 0.06% New
47 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 44,25644.3k $1.2m $1.2m 0.00% Reduced -131.1k -131,076
48 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 44,20344.2k $1.2m $1.2m 0.01% Added +20.7k +20,678
49 LAUREL OAK WEALTH MANAGEMENT, LLC 0.19% of their portfolio MARLTON, NJ 42,99843.0k $1.1m $1.1m 0.19% First filing
50 Brucke Financial, Inc. 0.57% of their portfolio INDIANAPOLIS, IN 39,17739.2k $1.0m $1.0m 0.57% New
51 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 37,84237.8k $1.0m $1.0m 0.01% Added +27.6k +27,641
52 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 36,85736.9k $976.0k $976.0k 0.01% Reduced -5.1k -5,086
53 Gladstone Institutional Advisory LLC 0.04% of their portfolio Bedminster, NJ 36,13236.1k $956.8k $956.8k 0.04% Reduced -6.8k -6,838
54 Essex Financial Services, Inc. 0.05% of their portfolio ESSEX, CT 32,96233.0k $872.8k $872.8k 0.05% Added +10.5k +10,472
55 Claris Financial LLC 0.46% of their portfolio GLEN ALLEN, VA 32,70032.7k $865.9k $865.9k 0.46% Reduced -16.5k -16,477
56 MGO ONE SEVEN LLC 0.02% of their portfolio Beachwood, OH 30,16830.2k $798.8k $798.8k 0.02% Reduced -1.1k -1,062
57 UBS Group AG 0.00% of their portfolio ZURICH, V8 27,76327.8k $735.2k $735.2k 0.00% Added +16.5k +16,528
58 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 27,39427.4k $725.0k $725.0k 0.00% Added +6.1k +6,129
59 Worth Asset Management, LLC 0.30% of their portfolio DALLAS, TX 26,81826.8k $710.2k $710.2k 0.30% Added +18.1k +18,146
60 BALDWIN WEALTH PARTNERS LLC/MA 0.04% of their portfolio Marion, MA 25,59825.6k $677.8k $677.8k 0.04% Reduced -1.9k -1,943
61 GRIFFIN ASSET MANAGEMENT, INC. 0.07% of their portfolio New York, NY 25,55425.6k $676.7k $676.7k 0.07% Reduced -5.9k -5,889
62 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 24,33124.3k $644.4k $644.4k 0.00% Added +1.4k +1,431
63 Nordwand Advisors, LLC 0.10% of their portfolio RADNOR, PA 22,60022.6k $598.4k $598.4k 0.10% Unchanged
64 SEAVIEW INVESTMENT MANAGERS LLC 0.22% of their portfolio MIAMI, FL 22,47822.5k $595.2k $595.2k 0.22% Reduced -10.9k -10,930
65 B. Riley Wealth Advisors, Inc. 0.03% of their portfolio MEMPHIS, TN 20,99721.0k $556.0k $556.0k 0.03% Reduced -1.9k -1,948
66 Navis Wealth Advisors, LLC 0.22% of their portfolio RYE BROOK, NY 19,25919.3k $510.0k $510.0k 0.22% New
67 Ausdal Financial Partners, Inc. 0.02% of their portfolio Davenport, IA 19,22019.2k $508.9k $508.9k 0.02% Added +7.6k +7,629
68 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 18,17718.2k $481.3k $481.3k 0.00% Reduced -9.1k -9,146
69 BI Asset Management Fondsmaeglerselskab A/S 0.00% of their portfolio KOBENHAVN, G7 18,14018.1k $480.0k $480.0k 0.00% Reduced -29.9k -29,859
70 Elevated Capital Advisors, LLC 0.11% of their portfolio SANDY, UT 17,34317.3k $459.2k $459.2k 0.11% Reduced -238 -238
71 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 16,92516.9k $448.2k $448.2k 0.00% Added +2.7k +2,716
72 Fortis Group Advisors, LLC 0.07% of their portfolio WESTWOOD, NJ 16,53616.5k $442.8k $442.8k 0.07% New
73 PRIVATE TRUST CO NA 0.04% of their portfolio CLEVELAND, OH 16,05116.1k $425.0k $425.0k 0.04% New
74 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 15,95116.0k $422.4k $422.4k 0.01% New
75 Advyzon Investment Management, LLC 0.05% of their portfolio LISLE, IL 15,43815.4k $408.8k $408.8k 0.05% New
76 Tactive Advisors, LLC 0.11% of their portfolio Jacksonville, FL 13,95214.0k $369.4k $369.4k 0.11% Reduced -2.0k -2,004
77 Verity Asset Management, Inc. 0.16% of their portfolio DURHAM, NC 13,79613.8k $365.3k $365.3k 0.16% Reduced -27.5k -27,455
78 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 12,92212.9k $342.2k $342.2k 0.00% Unchanged
79 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 12,42312.4k $328.9k $328.9k 0.00% Added +232 +232
80 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 12,37612.4k $327.7k $327.7k 0.01% Added +27 +27
81 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 12,36612.4k $328.0k $328.0k 0.00% Reduced -11.8k -11,817
82 Brookstone Capital Management 0.00% of their portfolio WHEATON, IL 12,25812.3k $324.6k $324.6k 0.00% Reduced -377.4k -377,381
83 Koshinski Asset Management, Inc. 0.02% of their portfolio DECATUR, IL 12,21912.2k $323.5k $323.5k 0.02% Reduced -3.1k -3,092
84 Prostatis Group LLC 0.08% of their portfolio HANOVER, MD 12,15112.2k $321.8k $321.8k 0.08% New
85 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 11,87411.9k $314.4k $314.4k 0.01% New
86 Insight Wealth Strategies, LLC 0.03% of their portfolio SAN RAMON, CA 10,09110.1k $267.2k $267.2k 0.03% Added +189 +189
87 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 9,8919.9k $261.9k $261.9k 0.00% Added +443 +443
88 Mutual Advisors, LLC 0.01% of their portfolio OMAHA, NE 9,5009.5k $251.6k $251.6k 0.01% Reduced -142 -142
89 INSIGNEO ADVISORY SERVICES, LLC 0.02% of their portfolio MIAMI, FL 9,3639.4k $247.9k $247.9k 0.02% New
90 MRA Advisory Group 0.09% of their portfolio PARSIPPANY, NJ 8,1668.2k $216.2k $216.2k 0.09% New
91 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 8,0008.0k $211.8k $211.8k 0.00% Unchanged
92 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 7,2667.3k $192.4k $192.4k 0.00% Added +6.8k +6,766
93 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 4,2754.3k $113.2k $113.2k 0.00% Unchanged
94 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 3,7933.8k $100.4k $100.4k 0.00% Added +71 +71
95 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1,7001.7k $45.0k $45.0k 0.00% Unchanged
96 NFSG Corp 0.01% of their portfolio BOCA RATON, FL 1,6791.7k $44.5k $44.5k 0.01% Reduced -26.1k -26,137
97 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,0171.0k $26.9k $26.9k 0.00% Reduced -107 -107
98 TUCKER ASSET MANAGEMENT LLC 0.01% of their portfolio LITTLETON, CO 896896 $23.7k $23.7k 0.01% New
99 HIGHLINE WEALTH PARTNERS LLC 0.00% of their portfolio SHERMAN OAKS, CA 500500 $13.2k $13.2k 0.00% New
100 CWM, LLC 0.00% of their portfolio OMAHA, NE 346346 $9.0k $9.0k 0.00% Reduced -59 -59