Vault-13

TIDAL TRUST II CHAT

ROUNDHILL GENER · ETP · CUSIP 88636J600

215 institutional holders +64 vs Q1 2026
4,384,4924.4m shares reported held*
$432.0mreported value*
79 new 67 added 28 reduced 13 sold out net bought ≈ $95.4m (+967.9k 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 ($2.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $98.54. Options: 6 managers hold calls ($19.8m notional), 4 hold puts ($8.8m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0100200300Q2 23: 13Q3 23: 17Q4 23: 17Q1 24: 28Q2 24: 43Q3 24: 46Q4 24: 43Q1 25: 58Q2 25: 65Q3 25: 108Q4 25: 140Q1 26: 151Q2 26: 215215Q2 23Q1 24Q4 24Q3 25Q2 26
Numbers
QuarterHolders
Q2 202313
Q3 202317
Q4 202317
Q1 202428
Q2 202443
Q3 202446
Q4 202443
Q1 202558
Q2 202565
Q3 2025108
Q4 2025140
Q1 2026151
Q2 2026215

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 24: 22 bought or addedQ3 24: 20 cut or sold outQ4 24: 20 bought or addedQ4 24: 17 cut or sold outQ4 24Q1 25: 35 bought or addedQ1 25: 10 cut or sold outQ2 25: 34 bought or addedQ2 25: 21 cut or sold outQ2 25Q3 25: 82 bought or addedQ3 25: 13 cut or sold outQ4 25: 99 bought or addedQ4 25: 27 cut or sold outQ4 25Q1 26: 84 bought or addedQ1 26: 48 cut or sold outQ2 26: 146 bought or addedQ2 26: 41 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20242220
Q4 20242017
Q1 20253510
Q2 20253421
Q3 20258213
Q4 20259927
Q1 20268448
Q2 202614641

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ3 25 calls: $19.7mQ3 25 puts: $947.1kQ3 25P/C 0.05Q4 25 calls: $33.7mQ4 25 puts: $2.2mQ4 25P/C 0.07Q1 26 calls: $7.1mQ1 26 puts: $3.0mQ1 26P/C 0.42Q2 26 calls: $19.8mQ2 26 puts: $8.8mQ2 26P/C 0.44
Numbers
QuarterCallsPutsP/C
Q3 2025$19.7m$947.1k0.05
Q4 2025$33.7m$2.2m0.07
Q1 2026$7.1m$3.0m0.42
Q2 2026$19.8m$8.8m0.44

Biggest buyers

OLD MISSION CAPITAL LLC Added +131,282+131.3k
LPL Financial LLC Added +129,347+129.3k
COMMONWEALTH EQUITY SERVICES, LLC Added +124,932+124.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +101,534+101.5k
Quadrature Capital Ltd New +76,986+77.0k
MONETA GROUP INVESTMENT ADVISORS LLC New +55,467+55.5k
Berbice Capital Management LLC Added +52,665+52.7k
INSIGNEO ADVISORY SERVICES, LLC New +49,719+49.7k
Cambridge Investment Research Advisors, Inc. Added +45,313+45.3k
Brookstone Capital Management Added +35,646+35.6k

Biggest sellers

Gradient Investments LLC Reduced -88,872-88.9k
CITADEL ADVISORS LLC Reduced -74,720-74.7k
JANE STREET GROUP, LLC Sold out -64,791-64.8k
GTS SECURITIES LLC Sold out -34,430-34.4k
FLOW TRADERS U.S. LLC Sold out -29,437-29.4k
Mattson Financial Services, LLC Reduced -16,699-16.7k
KESTRA PRIVATE WEALTH SERVICES, LLC Sold out -12,978-13.0k
GFS Advisors, LLC Sold out -8,000-8.0k
Integrated Advisors Network LLC Reduced -6,391-6.4k
MAINSTAY CAPITAL MANAGEMENT LLC /ADV Reduced -4,621-4.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $7.2m72.6k shares
IMC-Chicago, LLC Added $5.1m51.4k shares
CITADEL ADVISORS LLC Reduced $5.0m50.9k shares
JANE STREET GROUP, LLC Added $1.2m12.5k shares
GROUP ONE TRADING LLC New $1.2m12.2k shares
Belvedere Trading LLC New $88.8k900 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $6.6m67.1k shares
CITADEL ADVISORS LLC Reduced $1.2m12.6k shares
JANE STREET GROUP, LLC New $858.5k8.7k shares
Belvedere Trading LLC New $59.2k600 shares

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 MAINSTAY CAPITAL MANAGEMENT LLC /ADV 7.25% of their portfolio GRAND BLANC, MI 992,705992.7k $98.0m $98.0m 7.25% Reduced -4.6k -4,621
2 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 667,470667.5k $65.9m $65.9m 0.01% Added +129.3k +129,347
3 Gradient Investments LLC 0.38% of their portfolio ARDEN HILLS, MN 279,378279.4k $27.6m $27.6m 0.38% Reduced -88.9k -88,872
4 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 163,188163.2k $16.1m $16.1m 0.02% Added +124.9k +124,932
5 OLD MISSION CAPITAL LLC 0.36% of their portfolio CHICAGO, IL 143,248143.2k $14.1m $14.1m 0.36% Added +131.3k +131,282
6 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 101,534101.5k $10.0m $10.0m 0.01% New
7 Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio SEOUL, M5 100,000100.0k $9.9m $9.9m 0.02% Added +6.0k +6,000
8 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 82,76182.8k $8.2m $8.2m 0.02% Added +10.1k +10,111
9 Berbice Capital Management LLC 4.08% of their portfolio MELVILLE, NY 79,81479.8k $7.9m $7.9m 4.08% Added +52.7k +52,665
10 Summit Financial, LLC 0.08% of their portfolio PARSIPPANY, NJ 78,16278.2k $7.7m $7.7m 0.08% Added +24.7k +24,701
11 Quadrature Capital Ltd 0.07% of their portfolio LONDON, X0 76,98677.0k $7.6m $7.6m 0.07% New
12 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 75,08475.1k $7.4m $7.4m 0.01% Added +45.3k +45,313
13 Gemmer Asset Management LLC 0.47% of their portfolio WALNUT CREEK, CA 70,69570.7k $7.0m $7.0m 0.47% Added +26.6k +26,602
14 Quadcap Wealth Management, LLC 0.67% of their portfolio Frisco, TX 69,33069.3k $6.8m $6.8m 0.67% Reduced -723 -723
15 LaSalle St. Investment Advisors, LLC 0.78% of their portfolio ELMHURST, IL 64,96865.0k $6.4m $6.4m 0.78% Added +12.0k +11,975
16 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 60,77760.8k $6.0m $6.0m 0.01% Reduced -3.1k -3,078
17 MONETA GROUP INVESTMENT ADVISORS LLC 0.04% of their portfolio ST LOUIS, MO 55,46755.5k $5.5m $5.5m 0.04% New
18 INSIGNEO ADVISORY SERVICES, LLC 0.18% of their portfolio MIAMI, FL 49,71949.7k $4.9m $4.9m 0.18% New
19 Brookstone Capital Management 0.04% of their portfolio WHEATON, IL 42,25442.3k $4.2m $4.2m 0.04% Added +35.6k +35,646
20 Mattson Financial Services, LLC 0.71% of their portfolio KENTWOOD, MI 40,63140.6k $3.4m $3.4m 0.71% Reduced -16.7k -16,699
21 MONEY CONCEPTS CAPITAL CORP 0.17% of their portfolio PALM BEACH GARDENS, FL 36,25136.3k $3.6m $3.6m 0.17% Added +18.6k +18,564
22 MGO ONE SEVEN LLC 0.06% of their portfolio Beachwood, OH 35,10035.1k $3.5m $3.5m 0.06% Added +16.4k +16,389
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 34,55134.6k $3.4m $3.4m 0.00% Added +20.9k +20,948
24 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 30,65630.7k $3.0m $3.0m 0.00% Reduced -596 -596
25 UNIQUE WEALTH, LLC 0.34% of their portfolio TAMPA, FL 29,51629.5k $2.9m $2.9m 0.34% Added +4.0k +4,007
26 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 29,25029.2k $2.9m $2.9m 0.00% Added +10.6k +10,583
27 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 24,43524.4k $2.4m $2.4m 0.01% New
28 Concurrent Investment Advisors, LLC 0.02% of their portfolio Tampa, FL 23,85223.9k $2.4m $2.4m 0.02% Added +7.4k +7,360
29 SEAVIEW INVESTMENT MANAGERS LLC 0.70% of their portfolio MIAMI, FL 23,64623.6k $2.3m $2.3m 0.70% Added +1.8k +1,756
30 Visionary Wealth Advisors 0.09% of their portfolio O'FALLON, IL 23,46223.5k $2.3m $2.3m 0.09% Added +1.8k +1,761
31 Box Hill Private Wealth LLC 1.78% of their portfolio SCOTTSDALE, AZ 22,53722.5k $2.2m $2.2m 1.78% Added +2.8k +2,775
32 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 22,52922.5k $2.2m $2.2m 0.01% Added +8.5k +8,522
33 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 22,31422.3k $2.2m $2.2m 0.01% Added +13.5k +13,532
34 Elequin Capital, LP 0.07% of their portfolio NEW YORK, NY 21,43921.4k $2.1m $2.1m 0.07% New
35 Providence First Trust Co 0.58% of their portfolio SCOTTSDALE, AZ 21,03121.0k $2.1m $2.1m 0.58% Added +3.1k +3,090
36 Venture Visionary Partners LLC 0.06% of their portfolio Sylvania, OH 20,26120.3k $2.0m $2.0m 0.06% Reduced -11 -11
37 VALLEY NATIONAL ADVISERS INC 0.22% of their portfolio BETHLEHEM, PA 20,19820.2k $2.0m $2.0m 0.22% Unchanged
38 Belvedere Trading LLC 0.16% of their portfolio CHICAGO, IL 19,65919.7k $1.9m $1.9m 0.16% New
39 WealthPlan Investment Management, LLC 0.09% of their portfolio OMAHA, NE 19,24819.2k $1.9m $1.9m 0.09% Added +2.9k +2,881
40 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 15,58715.6k $1.5m $1.5m 0.02% Added +13.5k +13,531
41 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 14,73614.7k $1.5m $1.5m 0.00% New
42 Allworth Financial LP 0.01% of their portfolio FOLSOM, CA 14,71414.7k $1.5m $1.5m 0.01% Added +2.7k +2,671
43 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 14,18114.2k $1.4m $1.4m 0.00% Added +2.0k +2,050
44 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.02% of their portfolio Seattle, WA 13,99614.0k $1.4m $1.4m 0.02% New
45 SeaCrest Wealth Management, LLC 0.15% of their portfolio PURCHASE, NY 13,68713.7k $1.4m $1.4m 0.15% Reduced -470 -470
46 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 13,44313.4k $1.3m $1.3m 0.01% Added +3.1k +3,122
47 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 12,79412.8k $1.3m $1.3m 0.01% Added +1.8k +1,839
48 HOWARD FINANCIAL SERVICES, LTD. 0.12% of their portfolio DALLAS, TX 11,76411.8k $1.2m $1.2m 0.12% New
49 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio ORLANDO, FL 11,73711.7k $1.1m $1.1m 0.07% Added +1.8k +1,805
50 Endowment Wealth Management, Inc. 0.44% of their portfolio APPLETON, WI 11,47311.5k $1.1m $1.1m 0.44% Added +748 +748
51 IMC-Chicago, LLC 0.01% of their portfolio CHICAGO, IL 10,86110.9k $1.1m $1.1m 0.01% New
52 Beacon Financial Advisory LLC 0.21% of their portfolio CLEVELAND, OH 10,55610.6k $1.0m $1.0m 0.21% Added +725 +725
53 VestGen Advisors, LLC 0.03% of their portfolio CHICAGO, IL 9,7059.7k $957.7k $957.7k 0.03% Added +200 +200
54 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 9,3759.4k $925.1k $925.1k 0.00% Added +533 +533
55 Regatta Research & Money Management 0.87% of their portfolio METAIRIE, LA 9,3549.4k $923.0k $923.0k 0.87% First filing
56 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 9,1139.1k $899.3k $899.3k 0.00% Added +4.9k +4,882
57 CARY STREET PARTNERS FINANCIAL LLC 0.02% of their portfolio RICHMOND, VA 9,0809.1k $896.0k $896.0k 0.02% Unchanged
58 Mariner, LLC 0.00% of their portfolio Overland Park, KS 9,0299.0k $891.0k $891.0k 0.00% Added +1.0k +1,021
59 Brookwood Investment Group LLC 0.10% of their portfolio PHOENIX, AZ 8,8958.9k $877.8k $877.8k 0.10% Reduced -955 -955
60 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 8,7228.7k $860.7k $860.7k 0.00% Added +4.2k +4,161
61 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 8,6008.6k $788.9k $788.9k 0.00% Added +1.5k +1,467
62 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.00% of their portfolio IRVING, TX 7,7917.8k $768.8k $768.8k 0.00% Added +605 +605
63 MCF Advisors LLC 0.03% of their portfolio LEXINGTON, KY 7,3277.3k $723.0k $723.0k 0.03% Added +45 +45
64 Sivia Capital Partners, LLC 0.09% of their portfolio Mill Valley, CA 7,1957.2k $710.0k $710.0k 0.09% Unchanged
65 Kovack Advisors, Inc. 0.03% of their portfolio FT. LAUDERDALE, FL 6,9967.0k $685.8k $685.8k 0.03% New
66 Valeo Financial Advisors, LLC 0.01% of their portfolio CARMEL, IN 6,8246.8k $673.4k $673.4k 0.01% Unchanged
67 Redhawk Wealth Advisors, Inc. 0.07% of their portfolio MINNEAPOLIS, MN 6,7046.7k $661.6k $661.6k 0.07% Added +1.9k +1,946
68 McAdam, LLC 0.03% of their portfolio Philadelphia, PA 6,7026.7k $661.4k $661.4k 0.03% Added +2.6k +2,614
69 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 6,6546.7k $656.6k $656.6k 0.00% Unchanged
70 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 6,5766.6k $648.9k $648.9k 0.02% New
71 Belpointe Asset Management LLC 0.02% of their portfolio RENO, NV 6,5506.5k $646.4k $646.4k 0.02% New
72 Ashton Thomas Private Wealth, LLC 0.01% of their portfolio SCOTTSDALE, AZ 6,4626.5k $637.7k $637.7k 0.01% Reduced -54 -54
73 Savvy Advisors, Inc. 0.01% of their portfolio NEW YORK, NY 6,4436.4k $635.8k $635.8k 0.01% Added +802 +802
74 Wealthcare Advisory Partners LLC 0.01% of their portfolio WEST CHESTER, PA 6,3566.4k $627.2k $627.2k 0.01% Unchanged
75 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 6,2706.3k $618.7k $618.7k 0.00% Reduced -1.2k -1,238
76 ARMSTRONG ADVISORY GROUP, INC 0.04% of their portfolio NEEDHAM, MA 6,2316.2k $614.8k $614.8k 0.04% Reduced -1.1k -1,098
77 Integrated Advisors Network LLC 0.03% of their portfolio DALLAS, TX 5,9235.9k $584.5k $584.5k 0.03% Reduced -6.4k -6,391
78 Gladstone Institutional Advisory LLC 0.02% of their portfolio Bedminster, NJ 5,8835.9k $580.5k $580.5k 0.02% Added +24 +24
79 PFG Investments, LLC 0.02% of their portfolio WOODBURY, NY 5,5475.5k $547.4k $547.4k 0.02% Added +2.2k +2,161
80 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 5,5045.5k $543.2k $543.2k 0.00% Reduced -22 -22
81 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 5,2865.3k $521.6k $521.6k 0.00% New
82 RITHOLTZ WEALTH MANAGEMENT 0.01% of their portfolio NEW YORK, NY 5,2735.3k $520.3k $520.3k 0.01% Reduced -868 -868
83 STEPHENS INC /AR/ 0.01% of their portfolio LITTLE ROCK, AR 5,2635.3k $519.4k $519.4k 0.01% Added +40 +40
84 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 5,2205.2k $515.1k $515.1k 0.00% Added +2.4k +2,428
85 Paladin Wealth, LLC 0.30% of their portfolio ARDEN HILLS, MN 5,1645.2k $509.6k $509.6k 0.30% Reduced -624 -624
86 VESTIA PERSONAL WEALTH ADVISORS 0.20% of their portfolio FORT WAYNE, IN 5,1495.1k $508.1k $508.1k 0.20% Unchanged
87 KCM INVESTMENT ADVISORS LLC 0.01% of their portfolio GREENBRAE, CA 5,0975.1k $503.0k $503.0k 0.01% Added +300 +300
88 GROUP ONE TRADING LLC 0.01% of their portfolio CHICAGO, IL 5,0465.0k $497.9k $497.9k 0.01% Added +3.6k +3,554
89 Moors & Cabot, Inc. 0.02% of their portfolio BOSTON, MA 4,8824.9k $481.8k $481.8k 0.02% Added +485 +485
90 Noble Wealth Management PBC 0.22% of their portfolio GREENWOOD VILLAGE, CO 4,7804.8k $471.7k $471.7k 0.22% Added +2.0k +1,955
91 Allen Mooney & Barnes Investment Advisors LLC 0.07% of their portfolio THOMASVILLE, GA 4,7004.7k $463.8k $463.8k 0.07% Added +1.0k +1,000
92 KINTRA WEALTH, LLC 0.02% of their portfolio WILLIAMSPORT, PA 4,5094.5k $422.0k $422.0k 0.02% Unchanged
93 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 4,4754.5k $441.6k $441.6k 0.00% Reduced -1.6k -1,580
94 Rollins Financial Advisors, LLC 0.06% of their portfolio ATLANTA, GA 4,4724.5k $441.3k $441.3k 0.06% Added +1.0k +1,000
95 Bright Futures Wealth Management, LLC. 0.28% of their portfolio WEBSTER, NY 14580, NY 4,4634.5k $440.4k $440.4k 0.28% New
96 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 4,3044.3k $424.7k $424.7k 0.00% Reduced -617 -617
97 BROWN WEALTH MANAGEMENT, LLC 0.09% of their portfolio NAPERVILLE, IL 4,2704.3k $421.4k $421.4k 0.09% Reduced -15 -15
98 GILL CAPITAL PARTNERS, LLC 0.11% of their portfolio DENVER, CO 4,2324.2k $417.6k $417.6k 0.11% Added +1.4k +1,371
99 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 4,1744.2k $411.9k $411.9k 0.00% Reduced -74.7k -74,720
100 Sowell Financial Services LLC 0.01% of their portfolio NORTH LITTLE ROCK, AR 4,0244.0k $397.1k $397.1k 0.01% New