Vault-13

TWO RDS SHARED TR

REGENTS PK HDGD · CUSIP 90214Q642

21 institutional holders +0 vs Q4 2024
5,506,7745.5m shares reported held*
$53.7mreported value*
4 new 7 added 7 reduced 3 sold out net bought ≈ $886.5k (+90.8k 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 ≈ $9.75. Options: 0 managers hold calls (— notional), 2 hold puts ($0).

Trends to Q1 2025

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: 21Q1 25: 2121Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202210
Q4 202219
Q1 202315
Q2 202316
Q3 202318
Q4 202321
Q1 202418
Q2 202422
Q3 202419
Q4 202421
Q1 202521

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q2 23: 5 bought or addedQ2 23: 10 cut or sold outQ3 23: 9 bought or addedQ3 23: 8 cut or sold outQ3 23Q4 23: 5 bought or addedQ4 23: 11 cut or sold outQ1 24: 6 bought or addedQ1 24: 12 cut or sold outQ1 24Q2 24: 11 bought or addedQ2 24: 7 cut or sold outQ3 24: 6 bought or addedQ3 24: 11 cut or sold outQ3 24Q4 24: 11 bought or addedQ4 24: 9 cut or sold outQ1 25: 11 bought or addedQ1 25: 10 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023510
Q3 202398
Q4 2023511
Q1 2024612
Q2 2024117
Q3 2024611
Q4 2024119
Q1 20251110

Biggest buyers

GeoWealth Management, LLC Added +163,820+163.8k
Anfield Capital Management, LLC Added +24,398+24.4k
AdvisorNet Financial, Inc New +21,219+21.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +8,827+8.8k
IFP Advisors, Inc New +2,974+3.0k
Independent Advisor Alliance Added +2,710+2.7k
OSAIC HOLDINGS, INC. New +2,085+2.1k
Atria Investments, Inc Added +1,436+1.4k
UBS Group AG Added +1,117+1.1k
ASSETMARK, INC New +380+380

Biggest sellers

Foundations Investment Advisors, LLC Reduced -55,160-55.2k
JANE STREET GROUP, LLC Reduced -36,449-36.4k
GTS SECURITIES LLC Reduced -18,281-18.3k
CAPTRUST FINANCIAL ADVISORS Sold out -11,809-11.8k
SLT Holdings LLC Reduced -9,699-9.7k
Compound Planning, Inc. Reduced -5,277-5.3k
Coppell Advisory Solutions LLC Sold out -698-698
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -632-632
AE Wealth Management LLC Reduced -231-231
Avior Wealth Management, LLC Sold out -100-100

Biggest calls

None

Biggest puts

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
SIMPLEX TRADING, LLC Reduced $0100 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Foundations Investment Advisors, LLC 0.81% of their portfolio PHOENIX, AZ 4,515,5434.5m $44.0m $44.0m 0.81% Reduced -55.2k -55,160
2 GeoWealth Management, LLC 0.09% of their portfolio CHICAGO, IL 240,383240.4k $2.3m $2.3m 0.09% Added +163.8k +163,820
3 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 220,812220.8k $2.2m $2.2m 0.00% Added +8.8k +8,827
4 Anfield Capital Management, LLC 0.54% of their portfolio IRVINE, CA 148,854148.9k $1.5m $1.5m 0.54% Added +24.4k +24,398
5 SLT Holdings LLC 0.94% of their portfolio SCOTTSDALE, AZ 102,687102.7k $1.0m $1.0m 0.94% Reduced -9.7k -9,699
6 Independent Advisor Alliance 0.02% of their portfolio CHARLOTTE, NC 73,49573.5k $716.7k $716.7k 0.02% Added +2.7k +2,710
7 Compound Planning, Inc. 0.02% of their portfolio NEW YORK, NY 49,26149.3k $480.4k $480.4k 0.02% Reduced -5.3k -5,277
8 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 40,09540.1k $391.0k $391.0k 0.00% Reduced -36.4k -36,449
9 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 24,57024.6k $239.6k $239.6k 0.00% Added +1.4k +1,436
10 AdvisorNet Financial, Inc 0.02% of their portfolio MINNETONKA, MN 21,21921.2k $206.9k $206.9k 0.02% New
11 Signal Advisors Wealth, LLC 0.02% of their portfolio DETROIT, MI 16,61116.6k $162.0k $162.0k 0.02% Unchanged
12 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 15,30715.3k $149.3k $149.3k 0.00% Reduced -231 -231
13 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 13,69313.7k $133.5k $133.5k 0.01% Reduced -18.3k -18,281
14 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 10,35810.4k $101.0k $101.0k 0.00% Reduced -632 -632
15 UBS Group AG 0.00% of their portfolio ZURICH, V8 6,2106.2k $60.6k $60.6k 0.00% Added +1.1k +1,117
16 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 2,9743.0k $29.0k $29.0k 0.00% New
17 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,0852.1k $20.3k $20.3k 0.00% New
18 TUCKER ASSET MANAGEMENT LLC 0.00% of their portfolio LITTLETON, CO 1,1511.2k $11.2k $11.2k 0.00% Unchanged
19 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 1,0861.1k $10.6k $10.6k 0.00% Added +181 +181
20 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 380380 $3.7k $3.7k 0.00% New
21 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged