Vault-13

TIDAL TRUST II APLY

YIELDMAX AAPL · ETP · CUSIP 88634T857

19 institutional holders +2 vs Q1 2025
6,374,3576.4m shares reported held*
$82.1mreported value*
6 new 3 added 5 reduced 4 sold out net bought ≈ $16.4m (+1.3m 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 ≈ $12.88.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0102030Q2 23: 4Q3 23: 9Q4 23: 11Q1 24: 12Q2 24: 14Q3 24: 16Q4 24: 21Q1 25: 17Q2 25: 1919Q2 23Q4 23Q2 24Q4 24Q2 25
Numbers
QuarterHolders
Q2 20234
Q3 20239
Q4 202311
Q1 202412
Q2 202414
Q3 202416
Q4 202421
Q1 202517
Q2 202519

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q3 23: 8 bought or addedQ3 23: 1 cut or sold outQ4 23: 7 bought or addedQ4 23: 5 cut or sold outQ4 23Q1 24: 9 bought or addedQ1 24: 7 cut or sold outQ2 24: 8 bought or addedQ2 24: 6 cut or sold outQ2 24Q3 24: 11 bought or addedQ3 24: 3 cut or sold outQ4 24: 12 bought or addedQ4 24: 5 cut or sold outQ4 24Q1 25: 11 bought or addedQ1 25: 7 cut or sold outQ2 25: 9 bought or addedQ2 25: 9 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202381
Q4 202375
Q1 202497
Q2 202486
Q3 2024113
Q4 2024125
Q1 2025117
Q2 202599

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $27.1kQ4 24 puts: $16.2kQ4 24P/C 0.60Q1 25 calls: $37.8kQ1 25 puts: $332.2kQ1 25P/C 8.80Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$27.1k$16.2k0.60
Q1 2025$37.8k$332.2k8.80
Q2 2025$0$0—

Biggest buyers

Tidal Investments LLC Added +1,343,623+1.3m
Allworth Financial LP New +4,313+4.3k
Steward Partners Investment Advisory, LLC New +2,056+2.1k
UBS Group AG Added +1,300+1.3k
Ameritas Advisory Services, LLC New +649+649
JPMORGAN CHASE & CO New +500+500
Sunbelt Securities, Inc. Added +496+496
RAYMOND JAMES FINANCIAL INC New +100+100
HARBOUR INVESTMENTS, INC. New +4+4

Biggest sellers

Cavalier Investments, LLC Reduced -17,959-18.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -17,201-17.2k
Cambridge Investment Research Advisors, Inc. Sold out -14,292-14.3k
ZEGA Investments, LLC Sold out -11,229-11.2k
CITADEL ADVISORS LLC Reduced -10,919-10.9k
ROYAL BANK OF CANADA Reduced -6,079-6.1k
EPG Wealth Management LLC Sold out -4,115-4.1k
GROUP ONE TRADING LLC Reduced -300-300
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC Reduced -30-30

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Tidal Investments LLC 0.53% of their portfolio Milwaukee, WI 6,322,6546.3m $81.4m $81.4m 0.53% Added +1.3m +1,343,623
2 Cavalier Investments, LLC 0.08% of their portfolio ALPHARETTA, GA 19,68419.7k $253.3k $253.3k 0.08% Reduced -18.0k -17,959
3 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 11,12811.1k $143.2k $143.2k 0.00% Reduced -10.9k -10,919
4 Sunbelt Securities, Inc. 0.01% of their portfolio HOUSTON, TX 7,5747.6k $136.6k $136.6k 0.01% Added +496 +496
5 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 4,3134.3k $55.5k $55.5k 0.00% New
6 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 2,0562.1k $26.5k $26.5k 0.00% New
7 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,8421.8k $24.0k $24.0k 0.00% Reduced -6.1k -6,079
8 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 1,5001.5k $19.3k $19.3k 0.00% Reduced -300 -300
9 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,4001.4k $18.0k $18.0k 0.00% Added +1.3k +1,300
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 699699 $9.0k $9.0k 0.00% Unchanged
11 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 649649 $8.4k $8.4k 0.00% New
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 500500 $6.4k $6.4k 0.00% New
13 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 200200 $2.6k $2.6k 0.00% Unchanged
14 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 100100 $1.3k $1.3k 0.00% New
15 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.00% of their portfolio BLUE BELL, PA 5252 $669 $669 0.00% Reduced -30 -30
16 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 44 $55 $55 0.00% New
17 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $11 $11 0.00% Unchanged
18 CWM, LLC 0.00% of their portfolio OMAHA, NE 11 $0 $0 0.00% Unchanged
19 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged