Vault-13

TWO RDS SHARED TR

REGENTS PK HDGD · CUSIP 90214Q642

16 institutional holders +1 vs Q1 2023
9,997,20410.0m shares reported held*
$89.0mreported value*
3 new 2 added 7 reduced 3 sold out net sold ≈ $21.9m (-2.5m 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 ≈ $8.90. Options: 0 managers hold calls (— notional), 1 hold puts ($0).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

01020Q3 22: 10Q4 22: 19Q1 23: 15Q2 23: 1616Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202210
Q4 202219
Q1 202315
Q2 202316

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 23Q2 23: 5 bought or addedQ2 23: 10 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022134
Q1 2023514
Q2 2023510

Biggest buyers

Biggest sellers

Foundations Investment Advisors, LLC Reduced -2,408,463-2.4m
IFP Advisors, Inc Reduced -80,493-80.5k
TOWNSQUARE CAPITAL LLC Reduced -50,284-50.3k
Advisory Services Network, LLC Sold out -11,484-11.5k
OLD MISSION CAPITAL LLC Reduced -8,608-8.6k
UBS Group AG Reduced -3,147-3.1k
JPMORGAN CHASE & CO Sold out -3,033-3.0k
Anfield Capital Management, LLC Reduced -2,102-2.1k
PROVENCE WEALTH MANAGEMENT GROUP Reduced -1,186-1.2k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Sold out -1,052-1.1k

Biggest calls

None

Biggest puts

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.

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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Foundations Investment Advisors, LLC 2.76% of their portfolio PHOENIX, AZ 9,366,3789.4m $83.3m $83.3m 2.76% Reduced -2.4m -2,408,463
2 IFP Advisors, Inc 0.06% of their portfolio TAMPA, FL 283,580283.6k $2.7m $2.7m 0.06% Reduced -80.5k -80,493
3 Anfield Capital Management, LLC 0.30% of their portfolio IRVINE, CA 76,52376.5k $680.2k $680.2k 0.30% Reduced -2.1k -2,102
4 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 58,17858.2k $517.2k $517.2k 0.00% Added +25.4k +25,394
5 TOWNSQUARE CAPITAL LLC 0.01% of their portfolio Lehi, UT 51,44051.4k $457.3k $457.3k 0.01% Reduced -50.3k -50,284
6 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 47,22647.2k $419.8k $419.8k 0.00% New
7 PROVENCE WEALTH MANAGEMENT GROUP 0.17% of their portfolio IRVINE, CA 32,09532.1k $285.3k $285.3k 0.17% Reduced -1.2k -1,186
8 MARIPAU WEALTH MANAGEMENT LLC 0.24% of their portfolio FORT WAYNE, IN 30,89230.9k $274.6k $274.6k 0.24% New
9 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 20,36920.4k $181.1k $181.1k 0.01% Reduced -8.6k -8,608
10 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 20,03120.0k $178.1k $178.1k 0.00% Added +6.5k +6,495
11 Impact Partnership Wealth, LLC 0.03% of their portfolio MARIETTA, GA 9,4399.4k $83.9k $83.9k 0.03% First filing
12 UBS Group AG 0.00% of their portfolio ZURICH, V8 600600 $5.3k $5.3k 0.00% Reduced -3.1k -3,147
13 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 353353 $3.1k $3.1k 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
16 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 00 $0 $0 0.00% New