Vault-13

SPINNAKER ETF SERIES EUAD

SELECT STOXX EUR · ETP · CUSIP 84858T772

181 institutional holders -1 vs Q1 2026
9,904,7879.9m shares reported held*
$418.2mreported value*
25 new 45 added 62 reduced 26 sold out net sold ≈ $5.9m (-144.8k 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 ($14.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $42.22. Options: 3 managers hold calls ($6.7m notional), 1 hold puts ($2.5m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0100200Q4 24: 4Q1 25: 83Q2 25: 132Q3 25: 150Q4 25: 152Q1 26: 182Q2 26: 181181Q4 24Q2 25Q4 25Q2 26
Numbers
QuarterHolders
Q4 20244
Q1 202583
Q2 2025132
Q3 2025150
Q4 2025152
Q1 2026182
Q2 2026181

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 25: 81 bought or addedQ1 25: 0 cut or sold outQ1 25Q2 25: 103 bought or addedQ2 25: 23 cut or sold outQ2 25Q3 25: 91 bought or addedQ3 25: 49 cut or sold outQ3 25Q4 25: 80 bought or addedQ4 25: 68 cut or sold outQ4 25Q1 26: 117 bought or addedQ1 26: 43 cut or sold outQ1 26Q2 26: 70 bought or addedQ2 26: 88 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q1 2025810
Q2 202510323
Q3 20259149
Q4 20258068
Q1 202611743
Q2 20267088

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2m$4m$6m$8mQ3 25 calls: $2.6mQ3 25 puts: $1.1mQ3 25P/C 0.41Q4 25 calls: $2.1mQ4 25 puts: $1.3mQ4 25P/C 0.61Q1 26 calls: $3.5mQ1 26 puts: $2.9mQ1 26P/C 0.84Q2 26 calls: $6.7mQ2 26 puts: $2.5mQ2 26P/C 0.38
Numbers
QuarterCallsPutsP/C
Q3 2025$2.6m$1.1m0.41
Q4 2025$2.1m$1.3m0.61
Q1 2026$3.5m$2.9m0.84
Q2 2026$6.7m$2.5m0.38

Biggest buyers

Robinhood Asset Management, LLC New +427,481+427.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +288,381+288.4k
MORGAN STANLEY Added +244,963+245.0k
Trek Financial, LLC New +174,324+174.3k
Allen Investment Management, LLC Added +66,190+66.2k
Creek Drive Management Group LLC New +47,000+47.0k
OneDigital Investment Advisors LLC New +39,427+39.4k
PATTEN & PATTEN INC/TN Added +33,140+33.1k
J.Safra Asset Management Corp Added +28,835+28.8k
CacheTech Inc. Added +26,269+26.3k

Biggest sellers

Alphadyne Asset Management LP Sold out -209,079-209.1k
JANE STREET GROUP, LLC Sold out -154,550-154.6k
MYDA Advisors LLC Sold out -140,000-140.0k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -121,424-121.4k
CASTLEARK MANAGEMENT LLC Reduced -116,200-116.2k
GOLDMAN SACHS GROUP INC Reduced -100,779-100.8k
OPPENHEIMER & CO INC Reduced -72,270-72.3k
ROYAL BANK OF CANADA Reduced -64,432-64.4k
MARSHALL WACE, LLP Sold out -63,308-63.3k
Janney Montgomery Scott LLC Reduced -63,282-63.3k

Biggest calls

PEAK6 LLC New $4.2m100.0k shares
JANE STREET GROUP, LLC Reduced $2.1m49.0k shares
CITADEL ADVISORS LLC Reduced $417.6k9.9k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $2.5m59.8k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,556,1252.6m $107.8m $107.8m 0.01% Added +245.0k +244,963
2 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 1,004,3791.0m $42.4m $42.4m 0.02% Reduced -40.7k -40,671
3 J.Safra Asset Management Corp 1.95% of their portfolio NEW YORK, NY 1,002,2161.0m $42.3m $42.3m 1.95% Added +28.8k +28,835
4 OVERSEA-CHINESE BANKING Corp Ltd 0.61% of their portfolio SINGAPORE, U0 608,379608.4k $25.5m $25.5m 0.61% Added +25.1k +25,129
5 Robinhood Asset Management, LLC 0.96% of their portfolio MENLO PARK, CA 427,481427.5k $18.0m $18.0m 0.96% New
6 CacheTech Inc. 2.60% of their portfolio LOGAN, UT 380,878380.9k $16.1m $16.1m 2.60% Added +26.3k +26,269
7 Adams Wealth Management 2.85% of their portfolio LOGAN, UT 353,280353.3k $14.9m $14.9m 2.85% Added +18.4k +18,441
8 PATTEN & PATTEN INC/TN 0.68% of their portfolio CHATTANOOGA, TN 305,520305.5k $12.9m $12.9m 0.68% Added +33.1k +33,140
9 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 288,381288.4k $12.2m $12.2m 0.01% New
10 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 272,454272.5k $11.5m $11.5m 0.00% Reduced -64.4k -64,432
11 Allen Investment Management, LLC 0.11% of their portfolio NEW YORK, NY 219,011219.0k $9.2m $9.2m 0.11% Added +66.2k +66,190
12 Trek Financial, LLC 0.37% of their portfolio Scottsdale, AZ 174,324174.3k $7.4m $7.4m 0.37% New
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 117,493117.5k $5.0m $5.0m 0.00% Reduced -12.2k -12,221
14 Ethos Financial Group, LLC 0.34% of their portfolio KING OF PRUSSIA, PA 117,250117.2k $5.2m $5.2m 0.34% Reduced -5.5k -5,460
15 SHARPEPOINT LLC 2.47% of their portfolio PHOENIX, AZ 117,076117.1k $4.9m $4.9m 2.47% Added +22.1k +22,092
16 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 109,124109.1k $4.6m $4.6m 0.00% Reduced -5.5k -5,469
17 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 90,04790.0k $3.8m $3.8m 0.00% Reduced -8.4k -8,410
18 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 78,04278.0k $3.3m $3.3m 0.00% Reduced -39.9k -39,864
19 LOOMIS SAYLES & CO L P 0.00% of their portfolio BOSTON, MA 68,96169.0k $2.9m $2.9m 0.00% Reduced -4.4k -4,391
20 OPPENHEIMER & CO INC 0.03% of their portfolio NEW YORK, NY 64,18564.2k $2.7m $2.7m 0.03% Reduced -72.3k -72,270
21 VIEWPOINT INVESTMENT PARTNERS CORP 0.98% of their portfolio CALGARY, A0 62,26162.3k $2.8m $2.8m 0.98% Added +838 +838
22 Savvy Advisors, Inc. 0.05% of their portfolio NEW YORK, NY 60,49060.5k $2.6m $2.6m 0.05% Reduced -6.5k -6,463
23 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 56,63556.6k $2.4m $2.4m 0.00% Reduced -121.4k -121,424
24 Prospera Financial Services Inc 0.03% of their portfolio Dallas, TX 54,62154.6k $2.3m $2.3m 0.03% Added +8.8k +8,818
25 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 53,32653.3k $2.2m $2.2m 0.00% Reduced -47.5k -47,455
26 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 49,57849.6k $2.1m $2.1m 0.01% Added +543 +543
27 Creek Drive Management Group LLC 1.22% of their portfolio SAN FRANCISCO, CA 47,00047.0k $2.0m $2.0m 1.22% New
28 Scarborough Advisors, LLC 0.21% of their portfolio ANNAPOLIS, MD 45,07245.1k $1.9m $1.9m 0.21% Reduced -720 -720
29 PRINCIPAL SECURITIES, INC. 0.02% of their portfolio DES MOINES, IA 44,19244.2k $1.9m $1.9m 0.02% Added +2.7k +2,681
30 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 43,76743.8k $1.8m $1.8m 0.00% Reduced -640 -640
31 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 43,02843.0k $1.8m $1.8m 0.00% Reduced -25.9k -25,930
32 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 42,82442.8k $1.8m $1.8m 0.00% Added +16.3k +16,274
33 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 42,31042.3k $1.8m $1.8m 0.00% Reduced -10.0k -10,034
34 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 39,83839.8k $1.7m $1.7m 0.00% Reduced -63.3k -63,282
35 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 39,42739.4k $1.7m $1.7m 0.01% New
36 Pekin Hardy Strauss, Inc. 0.12% of their portfolio CHICAGO, IL 32,64532.6k $1.4m $1.4m 0.12% Added +5.9k +5,875
37 Bright Futures Wealth Management, LLC. 0.89% of their portfolio WEBSTER, NY 14580, NY 32,51732.5k $1.4m $1.4m 0.89% Reduced -11.6k -11,641
38 Bluesphere Advisors LLC 0.42% of their portfolio EAST NORRITON, PA 31,96332.0k $1.3m $1.3m 0.42% Added +1.5k +1,461
39 CASTLEARK MANAGEMENT LLC 0.04% of their portfolio CHICAGO, IL 30,80030.8k $1.3m $1.3m 0.04% Reduced -116.2k -116,200
40 JAMES INVESTMENT RESEARCH, INC. 0.13% of their portfolio ALPHA, OH 29,19929.2k $1.2m $1.2m 0.13% Reduced -3.0k -3,042
41 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 28,51928.5k $1.2m $1.2m 0.00% Reduced -3.8k -3,830
42 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 28,33928.3k $1.2m $1.2m 0.00% Reduced -41.9k -41,926
43 SCOTIA CAPITAL INC. 0.00% of their portfolio TORONTO, A6 27,98428.0k $1.2m $1.2m 0.00% Reduced -877 -877
44 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 25,89625.9k $1.1m $1.1m 0.00% Added +1.8k +1,751
45 Financial Security Advisor, Inc. 0.17% of their portfolio VIRGINIA BEACH, VA 24,12124.1k $1.0m $1.0m 0.17% Reduced -2.1k -2,107
46 Laurel Wealth Advisors LLC 0.10% of their portfolio CHARLOTTE, NC 23,43023.4k $988.3k $988.3k 0.10% Reduced -76 -76
47 CITIZENS FINANCIAL GROUP INC/RI 0.01% of their portfolio PROVIDENCE, RI 23,28823.3k $982.3k $982.3k 0.01% Added +9.1k +9,111
48 Terra Nova Asset Management LLC 0.58% of their portfolio NEW YORK, NY 22,39522.4k $944.6k $944.6k 0.58% Added +1.2k +1,185
49 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 22,31822.3k $941.4k $941.4k 0.00% Reduced -32.4k -32,411
50 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 22,13822.1k $933.8k $933.8k 0.00% Reduced -13.6k -13,596
51 Financial Sense Advisors, Inc. 0.18% of their portfolio SAN DIEGO, CA 21,50921.5k $907.3k $907.3k 0.18% Reduced -2.9k -2,852
52 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 20,34320.3k $858.1k $858.1k 0.00% Reduced -990 -990
53 McAdam, LLC 0.03% of their portfolio Philadelphia, PA 20,32620.3k $857.4k $857.4k 0.03% Reduced -450 -450
54 Advisory Alpha, LLC 0.02% of their portfolio HOLLAND, MI 18,54918.5k $782.4k $782.4k 0.02% Reduced -286 -286
55 Bank Julius Baer & Co. Ltd, Zurich 0.00% of their portfolio ZURICH, V8 18,17518.2k $754.4k $754.4k 0.00% Added +1.6k +1,577
56 PW Nova Financial Services LLC 0.16% of their portfolio NEWTOWN, PA 18,03718.0k $760.8k $760.8k 0.16% Reduced -6.0k -5,986
57 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 17,50017.5k $738.1k $738.1k 0.00% Unchanged
58 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 17,49017.5k $737.7k $737.7k 0.00% Added +572 +572
59 GTS SECURITIES LLC 0.02% of their portfolio NEW YORK, NY 17,41617.4k $734.6k $734.6k 0.02% Added +12.4k +12,434
60 Pilgrim Partners Asia Pte Ltd 0.32% of their portfolio SINGAPORE, U0 17,40017.4k $733.9k $733.9k 0.32% Added +2.8k +2,800
61 Raab & Moskowitz Asset Management LLC 0.14% of their portfolio Chatham, NJ 17,01117.0k $717.5k $717.5k 0.14% Added +999 +999
62 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 16,77816.8k $707.7k $707.7k 0.00% Reduced -100.8k -100,779
63 NVWM, LLC 0.13% of their portfolio YARDLEY, PA 15,70215.7k $662.3k $662.3k 0.13% Added +44 +44
64 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 14,68314.7k $628.3k $628.3k 0.00% Added +6.1k +6,058
65 DEARBORN PARTNERS LLC 0.02% of their portfolio CHICAGO, IL 14,30014.3k $592.9k $592.9k 0.02% Added +7.2k +7,150
66 Per Stirling Capital Management, LLC. 0.06% of their portfolio AUSTIN, TX 14,25114.3k $601.1k $601.1k 0.06% Reduced -380 -380
67 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 14,19414.2k $598.7k $598.7k 0.00% Reduced -1.8k -1,819
68 PARK AVENUE SECURITIES LLC 0.00% of their portfolio NEW YORK, NY 14,06914.1k $593.0k $593.0k 0.00% Reduced -9.5k -9,499
69 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.07% of their portfolio CONCORD, MA 13,97714.0k $589.5k $589.5k 0.07% New
70 MAGNOLIA CAPITAL MANAGEMENT LTD 0.39% of their portfolio COLD SPRING, NY 13,38513.4k $565.0k $565.0k 0.39% Reduced -2.1k -2,100
71 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 13,11013.1k $553.0k $553.0k 0.00% New
72 Dynamic Advisor Solutions LLC 0.02% of their portfolio PHOENIX, AZ 12,62512.6k $532.5k $532.5k 0.02% Added +2.4k +2,402
73 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 12,36612.4k $521.0k $521.0k 0.00% Reduced -23.8k -23,794
74 Spinnaker Investment Group, LLC 0.08% of their portfolio Newport Beach, CA 12,07112.1k $509.2k $509.2k 0.08% Added +21 +21
75 AlTi Global, Inc. 0.01% of their portfolio NEW YORK, NY 11,44011.4k $482.5k $482.5k 0.01% Unchanged
76 Hilltop Holdings Inc. 0.04% of their portfolio DALLAS, TX 11,06011.1k $466.5k $466.5k 0.04% Added +2.6k +2,616
77 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 11,03111.0k $465.3k $465.3k 0.01% Added +375 +375
78 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 11,02811.0k $465.2k $465.2k 0.00% Reduced -1.9k -1,857
79 Belpointe Asset Management LLC 0.01% of their portfolio RENO, NV 10,35110.4k $436.6k $436.6k 0.01% Reduced -344 -344
80 Vigil Wealth Management, LLC 0.31% of their portfolio PONTE VEDRA BEACH, FL 10,32910.3k $435.7k $435.7k 0.31% Unchanged
81 Werba Rubin Papier Wealth Management 0.05% of their portfolio SAN JOSE, CA 10,29510.3k $434.2k $434.2k 0.05% Added +9 +9
82 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 10,26010.3k $432.8k $432.8k 0.00% Unchanged
83 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 9,7989.8k $413.3k $413.3k 0.00% Added +2.2k +2,210
84 Joseph P. Lucia & Associates, LLC 0.12% of their portfolio Yorktown Heights, NY 9,4279.4k $397.6k $397.6k 0.12% Unchanged
85 PFG Advisors 0.02% of their portfolio Phoenix, AZ 9,3509.3k $394.4k $394.4k 0.02% Reduced -28.7k -28,681
86 Tidal Investments LLC 0.00% of their portfolio Milwaukee, WI 9,0949.1k $383.6k $383.6k 0.00% Reduced -17 -17
87 StoneX Group Inc. 0.01% of their portfolio NEW YORK, NY 8,8298.8k $371.0k $371.0k 0.01% New
88 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 8,7078.7k $367.3k $367.3k 0.01% Added +900 +900
89 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 8,6338.6k $364.1k $364.1k 0.00% New
90 Kingsview Wealth Management, LLC 0.00% of their portfolio GRANTS PASS, OR 8,1218.1k $342.6k $342.6k 0.00% Reduced -375 -375
91 FORESIGHT CAPITAL MANAGEMENT ADVISORS, INC. 0.17% of their portfolio SALINE, MI 8,0898.1k $341.2k $341.2k 0.17% Reduced -1.4k -1,362
92 Apollon Wealth Management, LLC 0.00% of their portfolio MOUNT PLEASANT, SC 7,8757.9k $332.2k $332.2k 0.00% Reduced -1.6k -1,568
93 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 7,6237.6k $321.5k $321.5k 0.00% Reduced -6.4k -6,429
94 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 7,4507.5k $314.2k $314.2k 0.00% Unchanged
95 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 7,2137.2k $304.2k $304.2k 0.00% Added +1.4k +1,432
96 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 7,0747.1k $298.4k $298.4k 0.00% New
97 JTC Employer Solutions Trustee Ltd 0.02% of their portfolio ST HELIER, Y9 7,0537.1k $297.0k $297.0k 0.02% Unchanged
98 IMC-Chicago, LLC 0.00% of their portfolio CHICAGO, IL 7,0327.0k $296.6k $296.6k 0.00% Added +746 +746
99 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 6,9637.0k $293.7k $293.7k 0.00% Reduced -18.6k -18,641
100 EP Wealth Advisors, LLC 0.00% of their portfolio TORRANCE, CA 6,8746.9k $290.0k $290.0k 0.00% New