Vault-13

TIDAL TR II WDTE

DEFIANCE S&P 500 · ETP · CUSIP 88636J147

11 institutional holders +1 vs Q1 2025
118,163118.2k shares reported held*
$4.0mreported value*
3 new 3 added 1 reduced 2 sold out net bought ≈ $1.1m (+32.2k 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 ≈ $34.24.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

01020Q3 24: 14Q4 24: 17Q1 25: 10Q2 25: 1111Q3 24Q4 24Q1 25Q2 25
Numbers
QuarterHolders
Q3 202414
Q4 202417
Q1 202510
Q2 202511

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q4 24: 10 bought or addedQ4 24: 4 cut or sold outQ4 24Q1 25: 4 bought or addedQ1 25: 9 cut or sold outQ1 25Q2 25: 6 bought or addedQ2 25: 3 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q4 2024104
Q1 202549
Q2 202563

Calls vs puts

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

CallsPuts
$0$10k$20k$30kQ3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $15.5kQ4 24 puts: $27.1kQ4 24P/C 1.75Q1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$15.5k$27.1k1.75
Q1 2025$0$0—
Q2 2025$0$0—

Biggest buyers

CITADEL ADVISORS LLC New +18,621+18.6k
OLD MISSION CAPITAL LLC Added +9,516+9.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +4,394+4.4k
Redhawk Wealth Advisors, Inc. Added +1,176+1.2k
SIMPLEX TRADING, LLC New +102+102
ROYAL BANK OF CANADA New +2+2

Biggest sellers

UBS Group AG Sold out -1,502-1.5k
PIN OAK INVESTMENT ADVISORS INC Sold out -72-72
TUCKER ASSET MANAGEMENT LLC Reduced -38-38

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Anchor Capital Management Group Inc 0.64% of their portfolio ALISO VIEJO, CA 40,00040.0k $1.4m $1.4m 0.64% Unchanged
2 OLD MISSION CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 23,98324.0k $821.2k $821.2k 0.02% Added +9.5k +9,516
3 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 21,01021.0k $719.4k $719.4k 0.00% Added +4.4k +4,394
4 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 18,62118.6k $637.6k $637.6k 0.00% New
5 Redhawk Wealth Advisors, Inc. 0.06% of their portfolio MINNEAPOLIS, MN 13,64013.6k $467.1k $467.1k 0.06% Added +1.2k +1,176
6 TUCKER ASSET MANAGEMENT LLC 0.01% of their portfolio LITTLETON, CO 746746 $25.5k $25.5k 0.01% Reduced -38 -38
7 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 102102 $3.0k $3.0k 0.00% New
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5858 $2.0k $2.0k 0.00% Unchanged
9 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 22 $0 $0 0.00% New
10 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $38 $38 0.00% Unchanged
11 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged