Vault-13

TRUST FOR PROFESSIONAL MANAG APCB

ACTIVEPASSIVE CR · ETP · CUSIP 89834G752

31 institutional holders -9 vs Q2 2025
31,129,84231.1m shares reported held*
$928.9mreported value*
5 new 15 added 8 reduced 10 sold out net bought ≈ $43.6m (+1.5m 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 ≈ $29.84.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

02040Q2 23: 5Q3 23: 10Q4 23: 12Q1 24: 12Q2 24: 27Q3 24: 21Q4 24: 34Q1 25: 37Q2 25: 40Q3 25: 3131Q2 23Q4 23Q2 24Q4 24Q2 25Q3 25
Numbers
QuarterHolders
Q2 20235
Q3 202310
Q4 202312
Q1 202412
Q2 202427
Q3 202421
Q4 202434
Q1 202537
Q2 202540
Q3 202531

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 23: 8 bought or addedQ4 23: 2 cut or sold outQ1 24: 7 bought or addedQ1 24: 5 cut or sold outQ1 24Q2 24: 27 bought or addedQ2 24: 1 cut or sold outQ3 24: 15 bought or addedQ3 24: 14 cut or sold outQ3 24Q4 24: 23 bought or addedQ4 24: 9 cut or sold outQ1 25: 20 bought or addedQ1 25: 15 cut or sold outQ1 25Q2 25: 23 bought or addedQ2 25: 18 cut or sold outQ3 25: 20 bought or addedQ3 25: 18 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 202382
Q1 202475
Q2 2024271
Q3 20241514
Q4 2024239
Q1 20252015
Q2 20252318
Q3 20252018

Biggest buyers

Envestnet Portfolio Solutions, Inc. Added +835,784+835.8k
ENVESTNET ASSET MANAGEMENT INC Added +607,297+607.3k
PRINCIPAL SECURITIES, INC. Added +120,110+120.1k
FLOW TRADERS U.S. LLC New +50,338+50.3k
JANE STREET GROUP, LLC New +47,603+47.6k
MML INVESTORS SERVICES, LLC Added +30,874+30.9k
&PARTNERS Added +23,091+23.1k
Cetera Investment Advisers Added +16,984+17.0k
B. Riley Wealth Advisors, Inc. Added +16,091+16.1k
PARK AVENUE SECURITIES LLC Added +15,908+15.9k

Biggest sellers

LPL Financial LLC Reduced -105,168-105.2k
Lion Street Advisors, LLC Sold out -67,239-67.2k
Spire Wealth Management Reduced -38,903-38.9k
Mariner, LLC Reduced -30,674-30.7k
GOLDMAN SACHS GROUP INC Sold out -30,218-30.2k
Merit Financial Group, LLC Sold out -23,163-23.2k
Kestra Investment Management, LLC Sold out -19,450-19.4k
D.A. DAVIDSON & CO. Sold out -11,905-11.9k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -8,415-8.4k
UBS Group AG Sold out -2,932-2.9k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Envestnet Portfolio Solutions, Inc. 1.78% of their portfolio BERWYN, PA 16,147,47216.1m $481.8m $481.8m 1.78% Added +835.8k +835,784
2 ENVESTNET ASSET MANAGEMENT INC 0.10% of their portfolio Berwyn, PA 11,260,51911.3m $336.0m $336.0m 0.10% Added +607.3k +607,297
3 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 1,378,4411.4m $41.1m $41.1m 0.01% Reduced -105.2k -105,168
4 PRINCIPAL SECURITIES, INC. 0.29% of their portfolio DES MOINES, IA 598,469598.5k $17.9m $17.9m 0.29% Added +120.1k +120,110
5 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 345,499345.5k $10.3m $10.3m 0.03% Added +30.9k +30,874
6 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 192,697192.7k $5.8m $5.8m 0.01% Added +6.3k +6,251
7 Spire Wealth Management 0.18% of their portfolio MCLEAN, VA 181,835181.8k $5.4m $5.4m 0.18% Reduced -38.9k -38,903
8 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 160,725160.7k $4.8m $4.8m 0.01% Added +17.0k +16,984
9 B. Riley Wealth Advisors, Inc. 0.21% of their portfolio MEMPHIS, TN 147,802147.8k $4.4m $4.4m 0.21% Added +16.1k +16,091
10 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 134,351134.4k $4.0m $4.0m 0.01% Reduced -8.4k -8,415
11 &PARTNERS 0.02% of their portfolio NASHVILLE, TN 84,43684.4k $2.7m $2.7m 0.02% Added +23.1k +23,091
12 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 80,61380.6k $2.4m $2.4m 0.00% Added +14.7k +14,668
13 WEDBUSH SECURITIES INC 0.06% of their portfolio PASADENA, CA 63,82763.8k $1.9m $1.9m 0.06% Added +2.7k +2,689
14 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 63,58263.6k $1.9m $1.9m 0.01% Added +15.9k +15,908
15 World Investment Advisors 0.04% of their portfolio LINCROFT, NJ 58,20658.2k $1.7m $1.7m 0.04% Added +2.6k +2,619
16 Mariner, LLC 0.00% of their portfolio Overland Park, KS 52,38752.4k $1.6m $1.6m 0.00% Reduced -30.7k -30,674
17 FLOW TRADERS U.S. LLC 0.06% of their portfolio NEW YORK, NY 50,33850.3k $1.5m $1.5m 0.06% New
18 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 47,60347.6k $1.4m $1.4m 0.00% New
19 Financial Sense Advisors, Inc. 0.10% of their portfolio SAN DIEGO, CA 18,93518.9k $564.9k $564.9k 0.10% Added +508 +508
20 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 18,21018.2k $543.0k $543.0k 0.00% Added +1.2k +1,214
21 COURIER CAPITAL LLC 0.02% of their portfolio BUFFALO, NY 10,39210.4k $310.0k $310.0k 0.02% Reduced -677 -677
22 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 8,7178.7k $260.1k $260.1k 0.00% Unchanged
23 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 8,5028.5k $254.0k $254.0k 0.00% New
24 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 4,4754.5k $133.5k $133.5k 0.00% New
25 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 4,1004.1k $122.3k $122.3k 0.00% Reduced -354 -354
26 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 3,0813.1k $91.9k $91.9k 0.00% Reduced -389 -389
27 Pinnacle Bancorp, Inc. 0.02% of their portfolio BEATRICE, NE 2,4932.5k $74.4k $74.4k 0.02% Added +98 +98
28 FMR LLC 0.00% of their portfolio BOSTON, MA 909909 $27.1k $27.1k 0.00% New
29 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 666666 $19.9k $19.9k 0.00% Reduced -1.6k -1,582
30 Capital Investment Advisory Services, LLC 0.00% of their portfolio RALEIGH, NC 476476 $14.2k $14.2k 0.00% Unchanged
31 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 8484 $2.5k $2.5k 0.00% Unchanged