Vault-13

TIDAL TRUST I NANC

UNUSUAL SUBVERSI · ETP · CUSIP 886364199

53 institutional holders +2 vs Q1 2026
168,610168.6k shares reported held*
$8.5mreported value*
9 new 11 added 10 reduced 6 sold out net sold ≈ $2.5m (-48.8k 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. Holder counts are more reliable. Implied quarter-end price ≈ $50.60.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q4 24: 37Q1 25: 47Q2 25: 49Q3 25: 52Q4 25: 52Q1 26: 51Q2 26: 5353Q4 24Q2 25Q4 25Q2 26
Numbers
QuarterHolders
Q4 202437
Q1 202547
Q2 202549
Q3 202552
Q4 202552
Q1 202651
Q2 202653

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 25: 29 bought or addedQ1 25: 10 cut or sold outQ1 25Q2 25: 19 bought or addedQ2 25: 15 cut or sold outQ2 25Q3 25: 19 bought or addedQ3 25: 15 cut or sold outQ3 25Q4 25: 21 bought or addedQ4 25: 17 cut or sold outQ4 25Q1 26: 22 bought or addedQ1 26: 18 cut or sold outQ1 26Q2 26: 20 bought or addedQ2 26: 16 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q1 20252910
Q2 20251915
Q3 20251915
Q4 20252117
Q1 20262218
Q2 20262016

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ3 25 calls: $1.6mQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —Q2 26 calls: $0Q2 26 puts: $0Q2 26P/C —
Numbers
QuarterCallsPutsP/C
Q3 2025$1.6m$00.00
Q4 2025$0$0—
Q1 2026$0$0—
Q2 2026$0$0—

Biggest buyers

Cambridge Investment Research Advisors, Inc. Added +13,266+13.3k
Concurrent Investment Advisors, LLC New +8,499+8.5k
CITADEL ADVISORS LLC Added +4,676+4.7k
AE Wealth Management LLC Added +3,461+3.5k
LAKE STREET PRIVATE WEALTH, LLC Added +3,191+3.2k
Continuum Advisory, LLC New +1,043+1.0k
HARBOUR INVESTMENTS, INC. Added +718+718
Concord Wealth Partners New +459+459
OSAIC HOLDINGS, INC. New +440+440
Kingdom Financial Group LLC. New +299+299

Biggest sellers

FLOW TRADERS U.S. LLC Sold out -51,641-51.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -22,789-22.8k
COMMONWEALTH EQUITY SERVICES, LLC Sold out -5,425-5.4k
SIMPLEX TRADING, LLC Reduced -2,079-2.1k
BANK OF MONTREAL /CAN/ Reduced -1,068-1.1k
ROYAL BANK OF CANADA Reduced -967-967
TopTier Wealth Management, LLC Sold out -545-545
Mutual Advisors, LLC Reduced -227-227
IMA Advisory Services, Inc. Sold out -139-139
HOLLENCREST CAPITAL MANAGEMENT Reduced -105-105

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 26,33126.3k $1.3m $1.3m 0.01% Added +3.5k +3,461
2 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 23,72223.7k $1.2m $1.2m 0.00% Added +4.7k +4,676
3 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 20,28420.3k $1.0m $1.0m 0.00% Added +13.3k +13,266
4 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 19,17319.2k $970.3k $970.3k 0.00% Added +27 +27
5 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 14,35814.4k $726.7k $726.7k 0.00% Reduced -1.1k -1,068
6 Mutual Advisors, LLC 0.01% of their portfolio OMAHA, NE 12,32012.3k $623.5k $623.5k 0.01% Reduced -227 -227
7 Concurrent Investment Advisors, LLC 0.00% of their portfolio Tampa, FL 8,4998.5k $430.1k $430.1k 0.00% New
8 LAKE STREET PRIVATE WEALTH, LLC 0.05% of their portfolio CHICAGO, IL 8,4218.4k $426.2k $426.2k 0.05% Added +3.2k +3,191
9 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 6,2026.2k $313.9k $313.9k 0.00% Reduced -22.8k -22,789
10 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 5,5645.6k $281.6k $281.6k 0.00% Reduced -57 -57
11 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 5,4675.5k $276.7k $276.7k 0.00% Added +718 +718
12 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4,2174.2k $213.0k $213.0k 0.00% Reduced -967 -967
13 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 3,8743.9k $196.1k $196.1k 0.00% Added +7 +7
14 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 2,3492.3k $118.9k $118.9k 0.00% Unchanged
15 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,2591.3k $63.7k $63.7k 0.00% Unchanged
16 Continuum Advisory, LLC 0.00% of their portfolio EAGLE, ID 1,0431.0k $52.8k $52.8k 0.00% New
17 Friedenthal Financial 0.01% of their portfolio MARLTON, NJ 595595 $30.1k $30.1k 0.01% Unchanged
18 Concord Wealth Partners 0.00% of their portfolio ABINGDON, VA 459459 $23.2k $23.2k 0.00% New
19 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 440440 $22.3k $22.3k 0.00% New
20 GoalVest Advisory LLC 0.00% of their portfolio New York, NY 355355 $18.0k $18.0k 0.00% Unchanged
21 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 319319 $16.1k $16.1k 0.00% Unchanged
22 North Star Investment Management Corp. 0.00% of their portfolio CHICAGO, IL 318318 $16.1k $16.1k 0.00% Added +20 +20
23 Kingdom Financial Group LLC. 0.00% of their portfolio PEORIA, AZ 299299 $15.1k $15.1k 0.00% New
24 United Financial Planning Group LLC 0.01% of their portfolio HAUPPAUGE, NY 276276 $13.9k $13.9k 0.01% Unchanged
25 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 250250 $12.7k $12.7k 0.00% Added +100 +100
26 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 241241 $12.2k $12.2k 0.00% Unchanged
27 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 228228 $11.5k $11.5k 0.00% Reduced -2.1k -2,079
28 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 225225 $11.3k $11.3k 0.00% Unchanged
29 HOLLENCREST CAPITAL MANAGEMENT 0.00% of their portfolio NEWPORT BEACH, CA 200200 $10.1k $10.1k 0.00% Reduced -105 -105
30 Ritter Daniher Financial Advisory LLC / DE 0.00% of their portfolio CINCINNATI, OH 200200 $10.1k $10.1k 0.00% Unchanged
31 Archer Investment Corp 0.00% of their portfolio Carmel, IN 170170 $8.6k $8.6k 0.00% Added +85 +85
32 Investment Research & Advisory Group, Inc. 0.00% of their portfolio ATLANTA, GA 152152 $7.7k $7.7k 0.00% Unchanged
33 Main Street Group, LTD 0.00% of their portfolio GLEN ALLEN, VA 125125 $6.3k $6.3k 0.00% Unchanged
34 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 109109 $5.5k $5.5k 0.00% Reduced -5 -5
35 Kings Path Partners LLC 0.00% of their portfolio SUGAR LAND, TX 101101 $5.1k $5.1k 0.00% New
36 VANGUARD ADVISERS INC 0.00% of their portfolio Malvern, PA 9696 $4.9k $4.9k 0.00% Added +12 +12
37 Bullock Wealth Management Group 0.00% of their portfolio BLOOMINGTON, IN 7575 $3.8k $3.8k 0.00% First filing
38 Key Financial Inc 0.00% of their portfolio WEST CHESTER, PA 6868 $3.4k $3.4k 0.00% Unchanged
39 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 4747 $2.4k $2.4k 0.00% Unchanged
40 Tradewinds Capital Management, LLC 0.00% of their portfolio BELLINGHAM, WA 3434 $1.7k $1.7k 0.00% Unchanged
41 Crewe Advisors LLC 0.00% of their portfolio SALT LAKE CITY, UT 2727 $1.4k $1.4k 0.00% Unchanged
42 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 2525 $1.3k $1.3k 0.00% Unchanged
43 Bay Harbor Wealth Management, LLC 0.00% of their portfolio Hunt Valley, MD 2020 $1.0k $1.0k 0.00% Unchanged
44 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.00% of their portfolio BLUE BELL, PA 1515 $759 $759 0.00% Unchanged
45 Basepoint Wealth LLC 0.00% of their portfolio CEDAR RAPIDS, IA 1414 $729 $729 0.00% Unchanged
46 PITTENGER & ANDERSON INC 0.00% of their portfolio LINCOLN, NE 1313 $658 $658 0.00% Unchanged
47 Hurley Capital, LLC 0.00% of their portfolio NEW YORK, NY 1111 $557 $557 0.00% New
48 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 1010 $506 $506 0.00% New
49 UBS Group AG 0.00% of their portfolio ZURICH, V8 44 $202 $202 0.00% Reduced -34 -34
50 Frazier Financial Advisors, LLC 0.00% of their portfolio COLUMBUS, OH 33 $152 $152 0.00% Unchanged
51 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 11 $51 $51 0.00% New
52 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 11 $51 $51 0.00% Reduced -13 -13
53 Robbins Farley 0.00% of their portfolio BEDFORD, NH 11 $51 $51 0.00% Unchanged