Vault-13

SERIES PORTFOLIOS TR CLOZ

ELDRIDGE BBB B · ETP · CUSIP 81752T528

89 institutional holders -19 vs Q4 2025
11,884,51111.9m shares reported held*
$304.9mreported value*
11 new 26 added 36 reduced 30 sold out net sold ≈ $78.8m (-3.2m 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 ($2.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.65.

Trends to Q1 2026

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: 108Q1 26: 8989Q1 23Q4 23Q3 24Q2 25Q1 26
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
Q1 202689

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 24: 36 bought or addedQ2 24: 6 cut or sold outQ3 24: 41 bought or addedQ3 24: 19 cut or sold outQ3 24Q4 24: 42 bought or addedQ4 24: 22 cut or sold outQ1 25: 55 bought or addedQ1 25: 29 cut or sold outQ1 25Q2 25: 45 bought or addedQ2 25: 45 cut or sold outQ3 25: 66 bought or addedQ3 25: 27 cut or sold outQ3 25Q4 25: 57 bought or addedQ4 25: 43 cut or sold outQ1 26: 37 bought or addedQ1 26: 66 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024366
Q3 20244119
Q4 20244222
Q1 20255529
Q2 20254545
Q3 20256627
Q4 20255743
Q1 20263766

Biggest buyers

MORGAN STANLEY Added +1,619,653+1.6m
BARCLAYS PLC New +190,000+190.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +69,836+69.8k
Farther Finance Advisors, LLC Added +63,245+63.2k
UBS Group AG Added +57,200+57.2k
Focus Partners Wealth Added +53,460+53.5k
Sound Income Strategies, LLC Added +52,383+52.4k
Copia Wealth Management Added +50,280+50.3k
Ethos Financial Group, LLC Added +43,048+43.0k
Brooklyn Investment Group Added +35,609+35.6k

Biggest sellers

GOLDMAN SACHS GROUP INC Sold out -603,013-603.0k
LPL Financial LLC Reduced -528,902-528.9k
Arax Advisory Partners Reduced -496,967-497.0k
JANE STREET GROUP, LLC Reduced -494,328-494.3k
Black Swift Group, LLC Sold out -394,659-394.7k
Ocean Park Asset Management, LLC Sold out -364,527-364.5k
FLOW TRADERS U.S. LLC Reduced -293,937-293.9k
State of New Jersey Common Pension Fund D Reduced -291,593-291.6k
Ball & Co Wealth Management Inc. Reduced -257,290-257.3k
Bienville Capital Management, LLC Sold out -222,201-222.2k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SECURITY BENEFIT LIFE INSURANCE CO /KS/ 21.91% of their portfolio TOPEKA, KS 1,625,5761.6m $41.7m $41.7m 21.91% Unchanged
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,620,6701.6m $41.6m $41.6m 0.00% Added +1.6m +1,619,653
3 Arax Advisory Partners 1.10% of their portfolio NEW YORK, NY 1,513,3601.5m $38.8m $38.8m 1.10% Reduced -497.0k -496,967
4 Focus Partners Wealth 0.04% of their portfolio ST LOUIS, MO 1,357,7941.4m $34.8m $34.8m 0.04% Added +53.5k +53,460
5 Estate Planners Group, LLC 9.32% of their portfolio YARDLEY, PA 756,166756.2k $19.4m $19.4m 9.32% Added +11.2k +11,197
6 Guardian Financial Partners, LLC 7.90% of their portfolio ORANGE, CA 729,139729.1k $18.7m $18.7m 7.90% Reduced -6.7k -6,680
7 Gradient Investments LLC 0.12% of their portfolio ARDEN HILLS, MN 294,190294.2k $7.5m $7.5m 0.12% Added +8.6k +8,612
8 Sound Income Strategies, LLC 0.34% of their portfolio FT LAUDERDALE, FL 269,832269.8k $7.0m $7.0m 0.34% Added +52.4k +52,383
9 Tower Research Capital LLC (TRC) 0.16% of their portfolio NEW YORK, NY 235,706235.7k $6.0m $6.0m 0.16% Added +34.1k +34,126
10 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 231,116231.1k $5.9m $5.9m 0.01% Reduced -57.4k -57,442
11 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 190,000190.0k $4.9m $4.9m 0.00% New
12 Mariner, LLC 0.01% of their portfolio Overland Park, KS 185,560185.6k $4.8m $4.8m 0.01% Added +14.1k +14,054
13 Atria Investments, Inc 0.05% of their portfolio Charlotte, NC 184,774184.8k $4.7m $4.7m 0.05% Added +14.8k +14,754
14 Copia Wealth Management 2.85% of their portfolio BEND, OR 161,707161.7k $4.1m $4.1m 2.85% Added +50.3k +50,280
15 Sowell Financial Services LLC 0.15% of their portfolio NORTH LITTLE ROCK, AR 156,036156.0k $4.0m $4.0m 0.15% Added +935 +935
16 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 153,353153.4k $3.9m $3.9m 0.01% Reduced -61.8k -61,823
17 CWC Advisors, LLC. 1.75% of their portfolio LAKE OSWEGO, OR 143,534143.5k $3.7m $3.7m 1.75% Added +2.3k +2,317
18 Valeo Financial Advisors, LLC 0.08% of their portfolio CARMEL, IN 123,764123.8k $3.2m $3.2m 0.08% Unchanged
19 Carmel Capital Partners, LLC 1.14% of their portfolio SAN DIEGO, CA 123,439123.4k $3.2m $3.2m 1.14% Reduced -121.4k -121,390
20 Ethos Financial Group, LLC 0.23% of their portfolio KING OF PRUSSIA, PA 120,704120.7k $3.1m $3.1m 0.23% Added +43.0k +43,048
21 Cedar Wealth Management, LLC 0.86% of their portfolio LA JOLLA, CA 115,781115.8k $3.0m $3.0m 0.86% Added +19.0k +19,000
22 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 108,348108.3k $2.8m $2.8m 0.00% Added +5.4k +5,440
23 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 103,606103.6k $2.7m $2.7m 0.00% Reduced -90.5k -90,550
24 Farther Finance Advisors, LLC 0.02% of their portfolio SAN FRANCISCO, CA 101,087101.1k $2.6m $2.6m 0.02% Added +63.2k +63,245
25 UBS Group AG 0.00% of their portfolio ZURICH, V8 84,96385.0k $2.2m $2.2m 0.00% Added +57.2k +57,200
26 Impact Partnership Wealth, LLC 0.27% of their portfolio MARIETTA, GA 84,65084.7k $2.2m $2.2m 0.27% Added +18.7k +18,679
27 Brooklyn Investment Group 0.07% of their portfolio NEW YORK, NY 81,74781.7k $2.1m $2.1m 0.07% Added +35.6k +35,609
28 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 69,83669.8k $1.8m $1.8m 0.00% New
29 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 54,44254.4k $1.4m $1.4m 0.00% Reduced -528.9k -528,902
30 PRIMORIS WEALTH ADVISORS, LLC 0.92% of their portfolio North Palm Beach, FL 51,45051.5k $1.3m $1.3m 0.92% Unchanged
31 Hilltop Holdings Inc. 0.12% of their portfolio DALLAS, TX 51,15051.1k $1.3m $1.3m 0.12% Reduced -19.6k -19,550
32 Inspire Advisors, LLC 0.10% of their portfolio Meridian, ID 48,40348.4k $1.2m $1.2m 0.10% Added +1.6k +1,643
33 Knott David M Jr 0.73% of their portfolio SYOSSET, NY 47,80747.8k $1.2m $1.2m 0.73% Unchanged
34 BASSO CAPITAL MANAGEMENT, L.P. 0.69% of their portfolio STAMFORD, CT 44,05944.1k $1.1m $1.1m 0.69% Reduced -27.5k -27,530
35 Rockport Wealth LLC 0.20% of their portfolio Fairview Park, OH 43,85543.9k $1.1m $1.1m 0.20% Reduced -70.4k -70,366
36 SEAVIEW INVESTMENT MANAGERS LLC 0.40% of their portfolio MIAMI, FL 42,88742.9k $1.1m $1.1m 0.40% Added +20.4k +20,409
37 Maridea Wealth Management LLC 0.16% of their portfolio BROOKLYN, NY 42,04242.0k $1.1m $1.1m 0.16% Reduced -67.5k -67,479
38 LAUREL OAK WEALTH MANAGEMENT, LLC 0.16% of their portfolio MARLTON, NJ 36,49836.5k $936.2k $936.2k 0.16% Reduced -6.5k -6,500
39 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 36,37936.4k $933.1k $933.1k 0.00% Reduced -494.3k -494,328
40 Almanack Investment Partners, LLC. 0.16% of their portfolio WAYNE, PA 35,91935.9k $921.3k $921.3k 0.16% Reduced -33.4k -33,432
41 VectorGlobal IAG, Inc. 0.21% of their portfolio MIAMI, FL 31,54231.5k $809.1k $809.1k 0.21% First filing
42 Gladstone Institutional Advisory LLC 0.02% of their portfolio Bedminster, NJ 24,74024.7k $634.6k $634.6k 0.02% Reduced -11.4k -11,392
43 MGO ONE SEVEN LLC 0.01% of their portfolio Beachwood, OH 23,70423.7k $608.0k $608.0k 0.01% Reduced -6.5k -6,464
44 Claris Financial LLC 0.33% of their portfolio GLEN ALLEN, VA 23,44223.4k $601.3k $601.3k 0.33% Reduced -9.3k -9,258
45 Nordwand Advisors, LLC 0.10% of their portfolio RADNOR, PA 22,60022.6k $579.7k $579.7k 0.10% Unchanged
46 Brucke Financial, Inc. 0.28% of their portfolio INDIANAPOLIS, IN 21,60521.6k $554.2k $554.2k 0.28% Reduced -17.6k -17,572
47 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 20,47720.5k $525.0k $525.0k 0.00% Reduced -6.9k -6,917
48 MATHER GROUP, LLC. 0.01% of their portfolio CHICAGO, IL 19,56519.6k $501.8k $501.8k 0.01% New
49 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 18,31418.3k $470.0k $470.0k 0.00% Added +5.9k +5,948
50 BI Asset Management Fondsmaeglerselskab A/S 0.00% of their portfolio KOBENHAVN, G7 18,14018.1k $465.0k $465.0k 0.00% Unchanged
51 FLOW TRADERS U.S. LLC 0.01% of their portfolio NEW YORK, NY 16,17616.2k $415.0k $415.0k 0.01% Reduced -293.9k -293,937
52 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 15,95116.0k $409.1k $409.1k 0.00% Unchanged
53 BALDWIN WEALTH PARTNERS LLC/MA 0.03% of their portfolio Marion, MA 14,43914.4k $370.4k $370.4k 0.03% Reduced -11.2k -11,159
54 WMG Financial Advisors, LLC 0.15% of their portfolio Knoxville, TN 13,68013.7k $350.9k $350.9k 0.15% Reduced -126.3k -126,308
55 Tactive Advisors, LLC 0.10% of their portfolio Jacksonville, FL 13,51113.5k $346.6k $346.6k 0.10% Reduced -441 -441
56 Darden Wealth Group Inc 0.18% of their portfolio ANN ARBOR, MI 13,46813.5k $345.5k $345.5k 0.18% Reduced -49.7k -49,667
57 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 13,27713.3k $340.6k $340.6k 0.00% Reduced -3.6k -3,648
58 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 12,92212.9k $331.4k $331.4k 0.00% Unchanged
59 Brookstone Capital Management 0.00% of their portfolio WHEATON, IL 12,80812.8k $328.5k $328.5k 0.00% Added +550 +550
60 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 12,65612.7k $324.6k $324.6k 0.00% Added +233 +233
61 Prostatis Group LLC 0.08% of their portfolio HANOVER, MD 12,48612.5k $320.3k $320.3k 0.08% Added +335 +335
62 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 12,32212.3k $316.1k $316.1k 0.00% Reduced -24.5k -24,535
63 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 12,21012.2k $313.2k $313.2k 0.00% Added +2.3k +2,319
64 Elevated Capital Advisors, LLC 0.07% of their portfolio SANDY, UT 11,50711.5k $295.2k $295.2k 0.07% Reduced -5.8k -5,836
65 Strait & Sound Wealth Management LLC 0.11% of their portfolio SAN FRANCISCO, CA 11,02111.0k $282.7k $282.7k 0.11% New
66 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 10,82710.8k $277.7k $277.7k 0.00% Reduced -1.5k -1,549
67 Leo Wealth, LLC 0.02% of their portfolio HURST, TX 9,8509.8k $252.7k $252.7k 0.02% New
68 a16z Perennial Management, L.P. 0.02% of their portfolio MENLO PARK, CA 9,8509.8k $252.7k $252.7k 0.02% New
69 Verity Asset Management, Inc. 0.10% of their portfolio DURHAM, NC 9,6649.7k $247.9k $247.9k 0.10% Reduced -4.1k -4,132
70 State of New Jersey Common Pension Fund D 0.00% of their portfolio TRENTON, NJ 8,4078.4k $225.0k $225.0k 0.00% Reduced -291.6k -291,593
71 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 8,2628.3k $211.9k $211.9k 0.00% New
72 StoneX Group Inc. 0.01% of their portfolio NEW YORK, NY 7,8607.9k $201.6k $201.6k 0.01% New
73 Capital Advisor Network LLC 0.15% of their portfolio LAFAYETTE, IN 4,2914.3k $110.1k $110.1k 0.15% First filing
74 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 3,2853.3k $84.3k $84.3k 0.00% Reduced -4.0k -3,981
75 STANCE CAPITAL LLC 0.03% of their portfolio BOSTON, MA 2,6702.7k $68.5k $68.5k 0.03% New
76 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 2,6002.6k $66.7k $66.7k 0.00% Reduced -1.7k -1,675
77 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1,7001.7k $43.6k $43.6k 0.00% Unchanged
78 NFSG Corp 0.01% of their portfolio BOCA RATON, FL 1,6791.7k $43.1k $43.1k 0.01% Unchanged
79 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 300300 $7.7k $7.7k 0.00% Unchanged
80 Truvestments Capital LLC 0.00% of their portfolio SARASOTA, FL 285285 $7.3k $7.3k 0.00% New
81 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 200200 $5.1k $5.1k 0.00% New
82 CWM, LLC 0.00% of their portfolio OMAHA, NE 197197 $5.1k $5.1k 0.00% Reduced -149 -149
83 Triumph Capital Management 0.00% of their portfolio DENVER, CO 150150 $3.8k $3.8k 0.00% Reduced -25 -25
84 High Point Wealth Management, LLC 0.00% of their portfolio CHESTER, NJ 150150 $3.9k $3.9k 0.00% Added +3 +3
85 SHP Wealth Management 0.00% of their portfolio PLYMOUTH, MA 101101 $2.6k $2.6k 0.00% Unchanged
86 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2323 $589 $589 0.00% Reduced -24.3k -24,308
87 Spurstone Advisory Services, LLC 0.01% of their portfolio HIGGANUM, CT 1414 $359 $359 0.01% Unchanged
88 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $19 $19 0.00% Unchanged
89 Ball & Co Wealth Management Inc. 0.00% of their portfolio FRANKLIN, TN 00 $0 $0 0.00% Reduced -257.3k -257,290