Vault-13

TWO RDS SHARED TR

REGENTS PK HDGD · CUSIP 90214Q642

21 institutional holders +2 vs Q3 2024
5,427,3295.4m shares reported held*
$54.9mreported value*
5 new 6 added 5 reduced 4 sold out net bought ≈ $805.1k (+79.5k 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 ≈ $10.12. Options: 0 managers hold calls (— notional), 2 hold puts ($0).

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 10Q4 22: 19Q1 23: 15Q2 23: 16Q3 23: 18Q4 23: 21Q1 24: 18Q2 24: 22Q3 24: 19Q4 24: 2121Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 202210
Q4 202219
Q1 202315
Q2 202316
Q3 202318
Q4 202321
Q1 202418
Q2 202422
Q3 202419
Q4 202421

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q1 23: 5 bought or addedQ1 23: 14 cut or sold outQ2 23: 5 bought or addedQ2 23: 10 cut or sold outQ2 23Q3 23: 9 bought or addedQ3 23: 8 cut or sold outQ4 23: 5 bought or addedQ4 23: 11 cut or sold outQ4 23Q1 24: 6 bought or addedQ1 24: 12 cut or sold outQ2 24: 11 bought or addedQ2 24: 7 cut or sold outQ2 24Q3 24: 6 bought or addedQ3 24: 11 cut or sold outQ4 24: 11 bought or addedQ4 24: 9 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023514
Q2 2023510
Q3 202398
Q4 2023511
Q1 2024612
Q2 2024117
Q3 2024611
Q4 2024119

Biggest buyers

GeoWealth Management, LLC Added +76,561+76.6k
Independent Advisor Alliance New +70,785+70.8k
Compound Planning, Inc. New +54,538+54.5k
JANE STREET GROUP, LLC Added +37,377+37.4k
GTS SECURITIES LLC New +31,974+32.0k
CAPTRUST FINANCIAL ADVISORS New +11,809+11.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +3,679+3.7k
AE Wealth Management LLC Added +3,191+3.2k
UBS Group AG Added +2,123+2.1k
TUCKER ASSET MANAGEMENT LLC New +1,151+1.2k

Biggest sellers

Foundations Investment Advisors, LLC Reduced -190,642-190.6k
TOWNSQUARE CAPITAL LLC Sold out -10,943-10.9k
Anfield Capital Management, LLC Reduced -5,861-5.9k
IFP Advisors, Inc Sold out -4,923-4.9k
OSAIC HOLDINGS, INC. Sold out -1,007-1.0k
Mosley Wealth Management Reduced -335-335
Geneos Wealth Management Inc. Reduced -163-163
Atria Investments, Inc Reduced -111-111
MORGAN STANLEY Sold out -1-1

Biggest calls

None

Biggest puts

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
SIMPLEX TRADING, LLC New $0200 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.

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, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Foundations Investment Advisors, LLC 0.89% of their portfolio PHOENIX, AZ 4,570,7034.6m $46.3m $46.3m 0.89% Reduced -190.6k -190,642
2 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 211,985212.0k $2.1m $2.1m 0.00% Added +3.7k +3,679
3 Anfield Capital Management, LLC 0.46% of their portfolio IRVINE, CA 124,456124.5k $1.3m $1.3m 0.46% Reduced -5.9k -5,861
4 SLT Holdings LLC 1.08% of their portfolio SCOTTSDALE, AZ 112,386112.4k $1.1m $1.1m 1.08% First filing
5 GeoWealth Management, LLC 0.03% of their portfolio CHICAGO, IL 76,56376.6k $775.0k $775.0k 0.03% Added +76.6k +76,561
6 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 76,54476.5k $774.8k $774.8k 0.00% Added +37.4k +37,377
7 Independent Advisor Alliance 0.01% of their portfolio CHARLOTTE, NC 70,78570.8k $716.5k $716.5k 0.01% New
8 Compound Planning, Inc. 0.03% of their portfolio NEW YORK, NY 54,53854.5k $552.0k $552.0k 0.03% New
9 GTS SECURITIES LLC 0.02% of their portfolio NEW YORK, NY 31,97432.0k $323.6k $323.6k 0.02% New
10 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 23,13423.1k $234.2k $234.2k 0.00% Reduced -111 -111
11 Signal Advisors Wealth, LLC 0.02% of their portfolio DETROIT, MI 16,61116.6k $168.1k $168.1k 0.02% Added +339 +339
12 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 15,53815.5k $157.3k $157.3k 0.00% Added +3.2k +3,191
13 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 11,80911.8k $119.5k $119.5k 0.00% New
14 Mosley Wealth Management 0.07% of their portfolio ANAHEIM, CA 11,36611.4k $116.0k $116.0k 0.07% Reduced -335 -335
15 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 10,99011.0k $111.2k $111.2k 0.00% Unchanged
16 UBS Group AG 0.00% of their portfolio ZURICH, V8 5,0935.1k $51.6k $51.6k 0.00% Added +2.1k +2,123
17 TUCKER ASSET MANAGEMENT LLC 0.00% of their portfolio LITTLETON, CO 1,1511.2k $11.7k $11.7k 0.00% New
18 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 905905 $9.2k $9.2k 0.00% Reduced -163 -163
19 Coppell Advisory Solutions LLC 0.00% of their portfolio COPPELL, TX 698698 $7.1k $7.1k 0.00% Unchanged
20 Avior Wealth Management, LLC 0.00% of their portfolio OMAHA, NE 100100 $100 $100 0.00% Unchanged
21 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged