Vault-13

TWO RDS SHARED TR

REGENTS PK HDGD · CUSIP 90214Q642

15 institutional holders -4 vs Q4 2022
12,447,61012.4m shares reported held*
$105.3mreported value*
3 new 2 added 7 reduced 7 sold out net sold ≈ $9.6m (-1.1m 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 ≈ $8.46.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

01020Q3 22: 10Q4 22: 19Q1 23: 1515Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202210
Q4 202219
Q1 202315

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 13 bought or addedQ4 22: 4 cut or sold outQ4 22Q1 23: 5 bought or addedQ1 23: 14 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022134
Q1 2023514

Biggest buyers

TOWNSQUARE CAPITAL LLC New +101,724+101.7k
JANE STREET GROUP, LLC Added +12,283+12.3k
JPMORGAN CHASE & CO New +3,033+3.0k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO New +1,052+1.1k
UBS Group AG Added +327+327

Biggest sellers

Foundations Investment Advisors, LLC Reduced -982,461-982.5k
OLD MISSION CAPITAL LLC Reduced -129,883-129.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -96,502-96.5k
Prostatis Group LLC Sold out -24,406-24.4k
IFP Advisors, Inc Reduced -8,065-8.1k
Advisory Services Network, LLC Reduced -6,560-6.6k
AE Wealth Management LLC Reduced -3,587-3.6k
PROVENCE WEALTH MANAGEMENT GROUP Reduced -3,440-3.4k
Beacon Capital Management, LLC Sold out -2,821-2.8k
Anfield Capital Management, LLC Reduced -1,305-1.3k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
FOUNDATIONS INVESTMENT ADVISORS, LLC 13G · passive -3.4 pts · filed 2025-11-03 78.6% -3.4 pts 3.8m≈ $41.0m 2025-11-03

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Foundations Investment Advisors, LLC 3.54% of their portfolio PHOENIX, AZ 11,774,84111.8m $99.1m $99.1m 3.54% Reduced -982.5k -982,461
2 IFP Advisors, Inc 0.16% of their portfolio TAMPA, FL 364,073364.1k $3.6m $3.6m 0.16% Reduced -8.1k -8,065
3 TOWNSQUARE CAPITAL LLC 0.02% of their portfolio Lehi, UT 101,724101.7k $856.5k $856.5k 0.02% New
4 Anfield Capital Management, LLC 0.31% of their portfolio IRVINE, CA 78,62578.6k $662.0k $662.0k 0.31% Reduced -1.3k -1,305
5 PROVENCE WEALTH MANAGEMENT GROUP 0.19% of their portfolio IRVINE, CA 33,28133.3k $280.2k $280.2k 0.19% Reduced -3.4k -3,440
6 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 32,78432.8k $276.0k $276.0k 0.00% Added +12.3k +12,283
7 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 28,97729.0k $244.0k $244.0k 0.01% Reduced -129.9k -129,883
8 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 13,53613.5k $114.0k $114.0k 0.00% Reduced -3.6k -3,587
9 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 11,48411.5k $96.7k $96.7k 0.00% Reduced -6.6k -6,560
10 UBS Group AG 0.00% of their portfolio ZURICH, V8 3,7473.7k $31.6k $31.6k 0.00% Added +327 +327
11 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,0333.0k $26.0k $26.0k 0.00% New
12 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,0521.1k $8.9k $8.9k 0.00% New
13 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 353353 $3.0k $3.0k 0.00% Unchanged
14 Avior Wealth Management, LLC 0.00% of their portfolio OMAHA, NE 100100 $100 $100 0.00% Unchanged
15 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged