Vault-13

TIDAL ETF TR RPAR

RPAR RISK PARI · ETP · CUSIP 886364603

21 institutional holders +1 vs Q1 2026
12,864,08012.9m shares reported held*
$286.4mreported value*
6 new 4 added 4 reduced 3 sold out net bought ≈ $3.6m (+160.7k 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 ($515.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $22.26. Options: 1 managers hold calls ($2.3m notional), 0 hold puts (—).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 41Q4 22: 39Q1 23: 36Q2 23: 28Q3 23: 30Q4 23: 30Q1 24: 21Q2 24: 21Q3 24: 17Q4 24: 20Q1 25: 24Q2 25: 21Q3 25: 21Q4 25: 19Q1 26: 20Q2 26: 2121Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202241
Q4 202239
Q1 202336
Q2 202328
Q3 202330
Q4 202330
Q1 202421
Q2 202421
Q3 202417
Q4 202420
Q1 202524
Q2 202521
Q3 202521
Q4 202519
Q1 202620
Q2 202621

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q3 24: 5 bought or addedQ3 24: 15 cut or sold outQ4 24: 11 bought or addedQ4 24: 7 cut or sold outQ4 24Q1 25: 14 bought or addedQ1 25: 8 cut or sold outQ2 25: 8 bought or addedQ2 25: 15 cut or sold outQ2 25Q3 25: 11 bought or addedQ3 25: 8 cut or sold outQ4 25: 6 bought or addedQ4 25: 11 cut or sold outQ4 25Q1 26: 11 bought or addedQ1 26: 9 cut or sold outQ2 26: 10 bought or addedQ2 26: 7 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024515
Q4 2024117
Q1 2025148
Q2 2025815
Q3 2025118
Q4 2025611
Q1 2026119
Q2 2026107

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —Q2 26 calls: $2.3mQ2 26 puts: $0Q2 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$0$0—
Q2 2026$2.3m$00.00

Biggest buyers

MAI Capital Management New +9,891,779+9.9m
a16z Perennial Management, L.P. New +726,729+726.7k
FIG FINANCIAL ADVISORY SERVICES INC /ADV New +151,481+151.5k
HighTower Advisors, LLC Added +96,918+96.9k
Cresset Asset Management, LLC New +30,841+30.8k
CITADEL ADVISORS LLC New +15,391+15.4k
Tidal Investments LLC New +12,967+13.0k
LPL Financial LLC Added +2,892+2.9k
Fermata Advisors, LLC Added +1,921+1.9k
ROYAL BANK OF CANADA Added +74+74

Biggest sellers

EVOKE WEALTH, LLC Reduced -10,646,058-10.6m
JANE STREET GROUP, LLC Sold out -66,474-66.5k
ZEGA Investments, LLC Sold out -40,233-40.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -13,051-13.1k
Lido Advisors, LLC Reduced -3,207-3.2k
MORGAN STANLEY Reduced -961-961
Gladstone Institutional Advisory LLC Reduced -342-342

Biggest calls

CITADEL ADVISORS LLC New $2.3m105.0k shares

Biggest puts

None

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 MAI Capital Management 0.84% of their portfolio INDEPENDENCE, OH 9,891,7799.9m $220.2m $220.2m 0.84% New
2 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 1,370,7451.4m $30.5m $30.5m 0.03% Added +96.9k +96,918
3 a16z Perennial Management, L.P. 1.31% of their portfolio MENLO PARK, CA 726,729726.7k $16.2m $16.2m 1.31% New
4 Fermata Advisors, LLC 0.94% of their portfolio SONOMA, CA 209,634209.6k $4.7m $4.7m 0.94% Added +1.9k +1,921
5 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 158,743158.7k $3.5m $3.5m 0.00% Unchanged
6 FIG FINANCIAL ADVISORY SERVICES INC /ADV 1.97% of their portfolio OKLAHOMA CITY, OK 151,481151.5k $3.4m $3.4m 1.97% New
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 85,74785.7k $1.9m $1.9m 0.00% Reduced -961 -961
8 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 64,21064.2k $1.4m $1.4m 0.00% Added +2.9k +2,892
9 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 57,81157.8k $1.3m $1.3m 0.00% Reduced -3.2k -3,207
10 Centric Wealth Management 0.13% of their portfolio CHICAGO, IL 36,84736.8k $834.5k $834.5k 0.13% Unchanged
11 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 30,84130.8k $686.5k $686.5k 0.00% New
12 EVOKE WEALTH, LLC 33.15% of their portfolio Los Angeles, CA 23,17323.2k $515.8k $515.8k 33.15% Reduced -10.6m -10,646,058
13 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 15,39115.4k $342.6k $342.6k 0.00% New
14 Gladstone Institutional Advisory LLC 0.01% of their portfolio Bedminster, NJ 14,55914.6k $324.1k $324.1k 0.01% Reduced -342 -342
15 Tidal Investments LLC 0.00% of their portfolio Milwaukee, WI 12,96713.0k $288.6k $288.6k 0.00% New
16 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 10,64710.6k $237.0k $237.0k 0.00% Unchanged
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 10,44110.4k $232.0k $232.0k 0.00% Added +74 +74
18 Main Street Group, LTD 0.04% of their portfolio GLEN ALLEN, VA 7,4227.4k $165.2k $165.2k 0.04% Unchanged
19 Asset Dedication, LLC 0.01% of their portfolio SAN FRANCISCO, CA 6,9627.0k $155.0k $155.0k 0.01% Unchanged
20 MARSHALL INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio LITTLETON, CO 620620 $13.8k $13.8k 0.01% Unchanged
21 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 504504 $11.2k $11.2k 0.00% Unchanged