Vault-13

STARBOARD INVT TR AGOX

ADAPTIVE ALPHA · ETP · CUSIP 85521B742

46 institutional holders +6 vs Q2 2024
9,272,0259.3m shares reported held*
$267.5mreported value*
8 new 15 added 15 reduced 2 sold out net bought ≈ $21.3m (+738.2k 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 ≈ $28.85.

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 39Q4 22: 39Q1 23: 36Q2 23: 34Q3 23: 39Q4 23: 42Q1 24: 39Q2 24: 40Q3 24: 4646Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 202239
Q4 202239
Q1 202336
Q2 202334
Q3 202339
Q4 202342
Q1 202439
Q2 202440
Q3 202446

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 12 bought or addedQ4 22: 23 cut or sold outQ1 23: 15 bought or addedQ1 23: 19 cut or sold outQ1 23Q2 23: 11 bought or addedQ2 23: 20 cut or sold outQ3 23: 22 bought or addedQ3 23: 13 cut or sold outQ3 23Q4 23: 17 bought or addedQ4 23: 20 cut or sold outQ1 24: 22 bought or addedQ1 24: 19 cut or sold outQ1 24Q2 24: 20 bought or addedQ2 24: 18 cut or sold outQ3 24: 23 bought or addedQ3 24: 17 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221223
Q1 20231519
Q2 20231120
Q3 20232213
Q4 20231720
Q1 20242219
Q2 20242018
Q3 20242317

Biggest buyers

Kestra Advisory Services, LLC Added +273,466+273.5k
KESTRA PRIVATE WEALTH SERVICES, LLC Added +236,387+236.4k
UBS Group AG Added +154,178+154.2k
Stratos Wealth Partners, LTD. Added +41,483+41.5k
Octavia Wealth Advisors, LLC Added +39,417+39.4k
ENVESTNET ASSET MANAGEMENT INC Added +28,254+28.3k
JANE STREET GROUP, LLC New +21,948+21.9k
OSAIC HOLDINGS, INC. Added +17,208+17.2k
WealthPlan Investment Management, LLC Added +16,786+16.8k
CAPTRUST FINANCIAL ADVISORS New +14,225+14.2k

Biggest sellers

Ameritas Advisory Services, LLC Reduced -83,838-83.8k
ROYAL BANK OF CANADA Reduced -30,528-30.5k
LPL Financial LLC Reduced -13,570-13.6k
NewEdge Advisors, LLC Reduced -8,550-8.6k
PARK AVENUE SECURITIES LLC Reduced -7,685-7.7k
WealthPLAN Partners, LLC Reduced -6,004-6.0k
Global Retirement Partners, LLC Reduced -5,790-5.8k
Goldstone Financial Group, LLC Reduced -5,585-5.6k
THOROUGHBRED FINANCIAL SERVICES, LLC Reduced -3,428-3.4k
PRIVATE TRUST CO NA Sold out -3,000-3.0k

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Kestra Advisory Services, LLC 0.31% of their portfolio AUSTIN, TX 1,921,3001.9m $55.4m $55.4m 0.31% Added +273.5k +273,466
2 Ameritas Advisory Services, LLC 1.75% of their portfolio Lincoln, NE 1,402,1381.4m $40.5m $40.5m 1.75% Reduced -83.8k -83,838
3 KESTRA PRIVATE WEALTH SERVICES, LLC 0.55% of their portfolio AUSTIN, TX 1,046,4021.0m $30.2m $30.2m 0.55% Added +236.4k +236,387
4 Octavia Wealth Advisors, LLC 2.80% of their portfolio CINCINNATI, OH 788,305788.3k $22.7m $22.7m 2.80% Added +39.4k +39,417
5 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 534,116534.1k $15.4m $15.4m 0.00% Added +28.3k +28,254
6 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 423,387423.4k $12.2m $12.2m 0.03% Added +5.5k +5,505
7 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 390,717390.7k $11.3m $11.3m 0.01% Reduced -13.6k -13,570
8 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 382,155382.2k $11.0m $11.0m 0.00% Reduced -30.5k -30,528
9 UBS Group AG 0.00% of their portfolio ZURICH, V8 369,665369.7k $10.7m $10.7m 0.00% Added +154.2k +154,178
10 WealthPLAN Partners, LLC 1.27% of their portfolio OMAHA, NE 326,839326.8k $9.4m $9.4m 1.27% Reduced -6.0k -6,004
11 Stratos Wealth Partners, LTD. 0.12% of their portfolio BEACHWOOD, OH 294,881294.9k $8.5m $8.5m 0.12% Added +41.5k +41,483
12 Encompass More Asset Management 2.82% of their portfolio Danville, CA 256,582256.6k $7.4m $7.4m 2.82% Added +11.4k +11,391
13 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 255,565255.6k $7.4m $7.4m 0.02% Added +17.2k +17,208
14 WealthPlan Investment Management, LLC 0.64% of their portfolio OMAHA, NE 219,687219.7k $6.3m $6.3m 0.64% Added +16.8k +16,786
15 Global Retirement Partners, LLC 0.12% of their portfolio San Rafael, CA 136,829136.8k $3.9m $3.9m 0.12% Reduced -5.8k -5,790
16 PARK AVENUE SECURITIES LLC 0.02% of their portfolio NEW YORK, NY 57,83957.8k $1.7m $1.7m 0.02% Reduced -7.7k -7,685
17 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 51,24451.2k $1.5m $1.5m 0.01% Added +3.3k +3,306
18 NFSG Corp 0.50% of their portfolio BOCA RATON, FL 48,92448.9k $1.4m $1.4m 0.50% Added +2.0k +1,952
19 Goldstone Financial Group, LLC 0.24% of their portfolio OAKBROOK TERRACE, IL 46,91646.9k $1.4m $1.4m 0.24% Reduced -5.6k -5,585
20 Empirical Asset Management, LLC 0.42% of their portfolio WELLESLEY, MA 40,42040.4k $1.2m $1.2m 0.42% Added +113 +113
21 Avior Wealth Management, LLC 0.03% of their portfolio OMAHA, NE 24,07624.1k $694.7k $694.7k 0.03% Unchanged
22 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 22,28822.3k $643.1k $643.1k 0.00% Reduced -8.6k -8,550
23 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 21,94821.9k $633.3k $633.3k 0.00% New
24 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 21,89421.9k $632.0k $632.0k 0.00% Reduced -304 -304
25 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 21,33321.3k $615.5k $615.5k 0.01% Added +4.6k +4,577
26 FIRETHORN WEALTH PARTNERS, LLC 0.31% of their portfolio AUGUSTA, GA 21,25221.3k $613.2k $613.2k 0.31% Reduced -40 -40
27 Prime Capital Investment Advisors, LLC 0.01% of their portfolio OVERLAND PARK, KS 19,96120.0k $575.9k $575.9k 0.01% Reduced -2.9k -2,888
28 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 14,22514.2k $410.4k $410.4k 0.00% New
29 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 14,13614.1k $407.9k $407.9k 0.01% New
30 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 13,28513.3k $383.3k $383.3k 0.00% Added +5.4k +5,383
31 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 12,64512.6k $365.0k $365.0k 0.00% Reduced -1.3k -1,283
32 CENTAURUS FINANCIAL, INC. 0.02% of their portfolio ANAHEIM, CA 10,15110.2k $293.0k $293.0k 0.02% Reduced -31 -31
33 THOROUGHBRED FINANCIAL SERVICES, LLC 0.02% of their portfolio BRENTWOOD, TN 9,7089.7k $280.0k $280.0k 0.02% Reduced -3.4k -3,428
34 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 8,2188.2k $237.1k $237.1k 0.00% Unchanged
35 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 7,9948.0k $230.6k $230.6k 0.00% New
36 GTS SECURITIES LLC 0.00% of their portfolio NEW YORK, NY 7,9508.0k $229.4k $229.4k 0.00% New
37 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 0.07% of their portfolio EAGLE, ID 7,6197.6k $219.8k $219.8k 0.07% Unchanged
38 Peterson Financial Group, Inc. 0.75% of their portfolio DES MOINES, IA 6,7866.8k $195.8k $195.8k 0.75% New
39 WEBSTER BANK, N. A. 0.02% of their portfolio WATERBURY, CT 6,3176.3k $182.3k $182.3k 0.02% Reduced -791 -791
40 EverSource Wealth Advisors, LLC 0.01% of their portfolio BIRMINGHAM, AL 3,1763.2k $91.6k $91.6k 0.01% Unchanged
41 COMERICA BANK 0.00% of their portfolio DALLAS, TX 3,0003.0k $86.6k $86.6k 0.00% Unchanged
42 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 148148 $4.3k $4.3k 0.00% Unchanged
43 Hexagon Capital Partners LLC 0.00% of their portfolio ROGERS, AR 22 $58 $58 0.00% Unchanged
44 FMR LLC 0.00% of their portfolio BOSTON, MA 11 $29 $29 0.00% New
45 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 11 $29 $29 0.00% New
46 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged