Vault-13

TORTOISE CAPITAL SERIES TRUS TPYP

NORTH AMRCN PIPE · ETP · CUSIP 890930308

123 institutional holders -4 vs Q3 2025
15,112,99615.1m shares reported held*
$534.1mreported value*
9 new 34 added 40 reduced 17 sold out net bought ≈ $6.3m (+178.3k 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 ≈ $35.34.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q1 25: 1Q2 25: 116Q3 25: 127Q4 25: 123123Q1 25Q2 25Q3 25Q4 25
Numbers
QuarterHolders
Q1 20251
Q2 2025116
Q3 2025127
Q4 2025123

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 25: 114 bought or addedQ2 25: 0 cut or sold outQ2 25Q3 25: 63 bought or addedQ3 25: 41 cut or sold outQ3 25Q4 25: 43 bought or addedQ4 25: 57 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q2 20251140
Q3 20256341
Q4 20254357

Biggest buyers

MORGAN STANLEY Added +301,857+301.9k
FIRST NATIONAL BANK OF OMAHA New +99,677+99.7k
Rockefeller Capital Management L.P. Added +56,846+56.8k
BANK OF AMERICA CORP /DE/ Added +40,653+40.7k
Parkside Financial Bank & Trust Added +33,219+33.2k
TRAPHAGEN INVESTMENT ADVISORS LLC Added +33,014+33.0k
ENVESTNET ASSET MANAGEMENT INC Added +23,850+23.9k
FLOW TRADERS U.S. LLC New +21,402+21.4k
NORTHERN TRUST CORP Added +19,316+19.3k
CWM, LLC Added +14,542+14.5k

Biggest sellers

Arvest Bank Trust Division Reduced -167,623-167.6k
ARVEST INVESTMENTS, INC. Reduced -57,025-57.0k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -52,643-52.6k
Verity & Verity, LLC Sold out -47,176-47.2k
WELLS FARGO & COMPANY/MN Reduced -42,186-42.2k
REGIONS FINANCIAL CORP Reduced -26,285-26.3k
BESSEMER GROUP INC Sold out -23,812-23.8k
UBS Group AG Reduced -15,123-15.1k
JANE STREET GROUP, LLC Sold out -13,376-13.4k
XML Financial, LLC Reduced -10,827-10.8k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,391,4043.4m $119.7m $119.7m 0.01% Added +301.9k +301,857
2 Arvest Bank Trust Division 2.13% of their portfolio DEWEY, OK 1,113,8161.1m $39.3m $39.3m 2.13% Reduced -167.6k -167,623
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,057,9081.1m $37.3m $37.3m 0.00% Added +40.7k +40,653
4 Magnus Financial Group LLC 2.32% of their portfolio NEW YORK, NY 860,916860.9k $30.4m $30.4m 2.32% Reduced -10.4k -10,433
5 TRAPHAGEN INVESTMENT ADVISORS LLC 2.14% of their portfolio ORADELL, NJ 737,773737.8k $26.0m $26.0m 2.14% Added +33.0k +33,014
6 ATWOOD & PALMER INC 1.33% of their portfolio KANSAS CITY, MO 664,650664.6k $23.5m $23.5m 1.33% Added +3.9k +3,860
7 FOSTER & MOTLEY INC 1.23% of their portfolio CINCINNATI, OH 651,036651.0k $23.0m $23.0m 1.23% Added +7.7k +7,676
8 ARVEST INVESTMENTS, INC. 1.82% of their portfolio LOWELL, AR 366,717366.7k $12.9m $12.9m 1.82% Reduced -57.0k -57,025
9 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 366,066366.1k $12.9m $12.9m 0.00% Reduced -42.2k -42,186
10 Keudell/Morrison Wealth Management 2.29% of their portfolio Salem, OR 309,157309.2k $10.9m $10.9m 2.29% First filing
11 Busey Bank 0.26% of their portfolio URBANA, IL 277,932277.9k $9.8m $9.8m 0.26% Reduced -4.2k -4,224
12 CWM, LLC 0.03% of their portfolio OMAHA, NE 275,843275.8k $9.7m $9.7m 0.03% Added +14.5k +14,542
13 Parkside Financial Bank & Trust 0.72% of their portfolio SAINT LOUIS, MO 271,434271.4k $9.6m $9.6m 0.72% Added +33.2k +33,219
14 UBS Group AG 0.00% of their portfolio ZURICH, V8 263,577263.6k $9.3m $9.3m 0.00% Reduced -15.1k -15,123
15 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 243,957244.0k $8.6m $8.6m 0.01% Reduced -937 -937
16 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 229,525229.5k $8.1m $8.1m 0.01% Reduced -1.9k -1,932
17 Triangle Securities Wealth Management 1.69% of their portfolio RALEIGH, NC 226,822226.8k $8.0m $8.0m 1.69% Reduced -2.6k -2,588
18 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 212,636212.6k $7.5m $7.5m 0.00% Reduced -514 -514
19 Mariner, LLC 0.01% of their portfolio Overland Park, KS 199,175199.2k $7.0m $7.0m 0.01% Unchanged
20 CASTLEKEEP INVESTMENT ADVISORS LLC 3.12% of their portfolio WESTPORT, CT 195,234195.2k $6.9m $6.9m 3.12% Added +2.4k +2,407
21 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 187,565187.6k $6.6m $6.6m 0.01% Reduced -52.6k -52,643
22 Oxbow Advisors, LLC 0.52% of their portfolio Austin, TX 166,782166.8k $5.9m $5.9m 0.52% Reduced -7.0k -7,002
23 Icon Wealth Advisors, LLC 0.34% of their portfolio HOUSTON, TX 142,481142.5k $5.0m $5.0m 0.34% Unchanged
24 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 117,545117.5k $4.1m $4.1m 0.01% Added +56.8k +56,846
25 Smith & Howard Wealth Management, LLC 0.92% of their portfolio ATLANTA, GA 114,196114.2k $4.0m $4.0m 0.92% Added +8.4k +8,405
26 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 110,109110.1k $3.9m $3.9m 0.00% Added +339 +339
27 FAS Wealth Partners, Inc. 0.25% of their portfolio LEAWOOD, KS 109,026109.0k $3.8m $3.8m 0.25% Added +25 +25
28 FIRST NATIONAL BANK OF OMAHA 0.11% of their portfolio OMAHA, NE 99,67799.7k $3.6m $3.6m 0.11% New
29 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 96,92796.9k $3.4m $3.4m 0.00% Reduced -2.9k -2,906
30 BLUELINE ADVISORS LLC 2.78% of their portfolio EXETER, NH 96,51596.5k $3.4m $3.4m 2.78% First filing
31 Marshall & Sterling Wealth Advisors Inc. 2.24% of their portfolio POUGHKEEPSIE, NY 96,29396.3k $3.4m $3.4m 2.24% Added +13.2k +13,236
32 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 92,23992.2k $3.3m $3.3m 0.01% Reduced -6.6k -6,569
33 Quad-Cities Investment Group, LLC 1.32% of their portfolio DAVENPORT, IA 90,93590.9k $3.2m $3.2m 1.32% Reduced -1.4k -1,400
34 Financial Enhancement Group LLC 0.39% of their portfolio ANDERSON, IN 82,40982.4k $3.0m $3.0m 0.39% Added +2.0k +1,994
35 HBK Sorce Advisory LLC 0.07% of their portfolio ERIE, PA 80,81080.8k $3.1m $3.1m 0.07% Unchanged
36 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 75,21875.2k $2.7m $2.7m 0.00% Added +23.9k +23,850
37 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 74,97075.0k $2.6m $2.6m 0.00% Added +12.9k +12,922
38 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 69,63969.6k $2.5m $2.5m 0.01% Reduced -77 -77
39 Bollard Group LLC 0.06% of their portfolio BOSTON, MA 68,86168.9k $2.4m $2.4m 0.06% Unchanged
40 Battery Global Advisors, LLC 1.13% of their portfolio BOSTON, MA 68,38868.4k $2.4m $2.4m 1.13% Unchanged
41 Financial Partners Group, Inc 0.28% of their portfolio Overland Park, KS 65,19765.2k $2.5m $2.5m 0.28% Reduced -275 -275
42 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 63,72963.7k $2.2m $2.2m 0.00% Added +2.6k +2,570
43 AlphaCore Capital LLC 0.04% of their portfolio LA JOLLA, CA 55,40055.4k $2.0m $2.0m 0.04% Unchanged
44 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 47,61947.6k $1.7m $1.7m 0.00% Added +447 +447
45 XML Financial, LLC 0.14% of their portfolio BETHESDA, MD 47,23447.2k $1.7m $1.7m 0.14% Reduced -10.8k -10,827
46 DIVERSIFY WEALTH MANAGEMENT, LLC 0.07% of their portfolio SANDY, UT 40,82040.8k $1.4m $1.4m 0.07% Added +1.4k +1,407
47 ARS Investment Partners, LLC 0.08% of their portfolio New York, NY 38,85138.9k $1.4m $1.4m 0.08% Added +161 +161
48 Atlantic Union Bankshares Corp 0.03% of their portfolio GLEN ALLEN, VA 38,32438.3k $1.4m $1.4m 0.03% Reduced -3.2k -3,241
49 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 37,01037.0k $1.3m $1.3m 0.00% Added +19.3k +19,316
50 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.01% of their portfolio IRVING, TX 36,96037.0k $1.3m $1.3m 0.01% Unchanged
51 Global Retirement Partners, LLC 0.02% of their portfolio San Rafael, CA 36,28436.3k $1.3m $1.3m 0.02% Added +342 +342
52 HERITAGE OAK WEALTH ADVISORS LLC 0.43% of their portfolio SANTA ROSA BEACH, FL 32,48532.5k $1.2m $1.2m 0.43% Added +1.7k +1,668
53 Capital Advisors, Ltd. LLC 0.13% of their portfolio SHAKER HEIGHTS, OH 31,60231.6k $1.1m $1.1m 0.13% Reduced -1.2k -1,153
54 REGIONS FINANCIAL CORP 0.01% of their portfolio BIRMINGHAM, AL 28,32728.3k $999.8k $999.8k 0.01% Reduced -26.3k -26,285
55 WESBANCO BANK INC 0.03% of their portfolio WHEELING, WV 26,92626.9k $950.3k $950.3k 0.03% Reduced -50 -50
56 GTS SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 25,35325.4k $894.8k $894.8k 0.03% Reduced -6.7k -6,741
57 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 23,62823.6k $834.0k $834.0k 0.00% Unchanged
58 FLOW TRADERS U.S. LLC 0.02% of their portfolio NEW YORK, NY 21,40221.4k $755.0k $755.0k 0.02% New
59 Summit Wealth Partners, LLC 0.14% of their portfolio Orlando, FL 20,87420.9k $736.7k $736.7k 0.14% Reduced -433 -433
60 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 20,73020.7k $738.6k $738.6k 0.00% Unchanged
61 Diversify Advisory Services, LLC 0.02% of their portfolio SANDY, UT 20,26520.3k $733.0k $733.0k 0.02% Added +3.2k +3,181
62 Objectivity Squared, LLC 0.40% of their portfolio CHARLESTON, SC 20,02920.0k $706.9k $706.9k 0.40% Unchanged
63 NewEdge Wealth, LLC 0.01% of their portfolio STAMFORD, CT 19,45419.5k $686.6k $686.6k 0.01% Unchanged
64 Investment Partners Asset Management, Inc. 0.38% of their portfolio METUCHEN, NJ 17,10117.1k $603.6k $603.6k 0.38% Reduced -60 -60
65 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 16,58116.6k $585.2k $585.2k 0.00% Added +2.8k +2,777
66 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 15,64615.6k $552.2k $552.2k 0.01% Added +519 +519
67 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.06% of their portfolio CONCORD, MA 14,54114.5k $513.2k $513.2k 0.06% Added +3.4k +3,372
68 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 14,46814.5k $502.0k $502.0k 0.00% Added +459 +459
69 SILVERLAKE WEALTH MANAGEMENT LLC 0.11% of their portfolio WILLISTON, VT 14,04414.0k $495.7k $495.7k 0.11% Added +984 +984
70 55 North Private Wealth, LLC 0.13% of their portfolio WINTER PARK, FL 13,85813.9k $489.1k $489.1k 0.13% First filing
71 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 12,70312.7k $448.3k $448.3k 0.00% New
72 Stokes Capital Advisors, LLC 0.10% of their portfolio GREENWOOD, SC 12,63612.6k $446.0k $446.0k 0.10% Reduced -225 -225
73 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 12,31912.3k $434.8k $434.8k 0.00% Reduced -67 -67
74 Summit Financial, LLC 0.01% of their portfolio PARSIPPANY, NJ 12,15712.2k $433.1k $433.1k 0.01% Reduced -710 -710
75 WEST MICHIGAN ADVISORS, LLC 0.09% of their portfolio HOLLAND, MI 11,32811.3k $403.6k $403.6k 0.09% Unchanged
76 WealthCare Investment Partners, LLC 0.12% of their portfolio PORTSMOUTH, RI 11,20611.2k $399.3k $399.3k 0.12% Reduced -700 -700
77 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 10,84210.8k $382.7k $382.7k 0.00% New
78 WealthTrust Axiom LLC 0.09% of their portfolio WAYNE, PA 9,6259.6k $339.7k $339.7k 0.09% Unchanged
79 HOWARD FINANCIAL SERVICES, LTD. 0.04% of their portfolio DALLAS, TX 9,4159.4k $332.3k $332.3k 0.04% Reduced -368 -368
80 Leading Edge Financial Planning LLC 0.07% of their portfolio KNOXVILLE, TN 9,2259.2k $325.6k $325.6k 0.07% Reduced -1 -1
81 Strategies Wealth Advisors, LLC 0.03% of their portfolio GRAND RAPIDS, MI 8,8958.9k $313.9k $313.9k 0.03% Unchanged
82 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 8,2588.3k $291.5k $291.5k 0.00% Unchanged
83 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 7,9027.9k $278.9k $278.9k 0.00% Reduced -266 -266
84 COMERICA BANK 0.00% of their portfolio DALLAS, TX 7,8397.8k $276.7k $276.7k 0.00% Added +234 +234
85 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 7,8107.8k $275.7k $275.7k 0.01% Reduced -1.4k -1,442
86 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 7,3657.4k $259.9k $259.9k 0.00% Added +1.4k +1,395
87 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 7,2337.2k $255.4k $255.4k 0.00% Reduced -3.2k -3,195
88 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 7,0087.0k $247.3k $247.3k 0.00% Unchanged
89 Zinnia Wealth Advisory, LLC 0.27% of their portfolio Ocala, FL 6,9817.0k $246.4k $246.4k 0.27% First filing
90 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 6,9166.9k $244.1k $244.1k 0.00% Reduced -3 -3
91 UMB Bank, n.a. 0.00% of their portfolio Kansas City, MO 6,7906.8k $239.6k $239.6k 0.00% Added +215 +215
92 Sterneck Capital Management, LLC 0.10% of their portfolio KANSAS CITY, MO 6,3006.3k $222.4k $222.4k 0.10% Unchanged
93 COLDSTREAM CAPITAL MANAGEMENT INC 0.00% of their portfolio BELLEVUE, WA 5,8445.8k $206.3k $206.3k 0.00% New
94 PRIVATE TRUST CO NA 0.01% of their portfolio CLEVELAND, OH 4,6004.6k $162.4k $162.4k 0.01% Unchanged
95 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 4,5854.6k $161.8k $161.8k 0.00% Reduced -900 -900
96 Blume Capital Management, Inc. 0.03% of their portfolio BERKELEY, CA 3,9443.9k $139.2k $139.2k 0.03% Unchanged
97 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,6263.6k $128.0k $128.0k 0.00% New
98 City State Bank 0.03% of their portfolio NORWALK, IA 3,2983.3k $116.4k $116.4k 0.03% Unchanged
99 Principia Wealth Advisory, LLC 0.07% of their portfolio DALLAS, TX 3,2513.3k $114.8k $114.8k 0.07% Added +20 +20
100 FMR LLC 0.00% of their portfolio BOSTON, MA 3,1833.2k $112.4k $112.4k 0.00% Reduced -172 -172