Vault-13

TWO RDS SHARED TR LSAT

LEASERSHS ALPHAF · ETP · CUSIP 90214Q691

21 institutional holders +1 vs Q1 2026
1,245,6831.2m shares reported held*
$55.7mreported value*
3 new 5 added 8 reduced 3 sold out net sold ≈ $906.9k (-20.3k 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 ≈ $44.70.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 25Q4 22: 28Q1 23: 31Q2 23: 29Q3 23: 29Q4 23: 26Q1 24: 26Q2 24: 31Q3 24: 33Q4 24: 33Q1 25: 33Q2 25: 30Q3 25: 24Q4 25: 25Q1 26: 20Q2 26: 2121Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202225
Q4 202228
Q1 202331
Q2 202329
Q3 202329
Q4 202326
Q1 202426
Q2 202431
Q3 202433
Q4 202433
Q1 202533
Q2 202530
Q3 202524
Q4 202525
Q1 202620
Q2 202621

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 24: 7 bought or addedQ3 24: 24 cut or sold outQ4 24: 11 bought or addedQ4 24: 18 cut or sold outQ4 24Q1 25: 9 bought or addedQ1 25: 23 cut or sold outQ2 25: 4 bought or addedQ2 25: 24 cut or sold outQ2 25Q3 25: 7 bought or addedQ3 25: 16 cut or sold outQ4 25: 8 bought or addedQ4 25: 19 cut or sold outQ4 25Q1 26: 7 bought or addedQ1 26: 15 cut or sold outQ2 26: 8 bought or addedQ2 26: 11 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024724
Q4 20241118
Q1 2025923
Q2 2025424
Q3 2025716
Q4 2025819
Q1 2026715
Q2 2026811

Biggest buyers

Coppell Advisory Solutions LLC New +14,347+14.3k
Cambridge Investment Research Advisors, Inc. Added +11,254+11.3k
Cetera Investment Advisers Added +8,188+8.2k
Steward Partners Investment Advisory, LLC New +1,268+1.3k
GREAT VALLEY ADVISOR GROUP, INC. Added +560+560
Integrated Wealth Concepts LLC New +144+144
VestGen Advisors, LLC Added +28+28
OSAIC HOLDINGS, INC. Added +25+25

Biggest sellers

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -18,394-18.4k
Redwood Investment Management, LLC Reduced -15,505-15.5k
LPL Financial LLC Reduced -6,657-6.7k
Private Advisor Group, LLC Reduced -6,519-6.5k
Spire Wealth Management Reduced -5,872-5.9k
UBS Group AG Sold out -1,425-1.4k
OLD MISSION CAPITAL LLC Reduced -507-507
Allworth Financial LP Sold out -423-423
IFP Advisors, Inc Sold out -353-353
IHT Wealth Management, LLC Reduced -340-340

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Redwood Investment Management, LLC 2.70% of their portfolio SCOTTSDALE, AZ 609,585609.6k $27.2m $27.2m 2.70% Reduced -15.5k -15,505
2 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 394,779394.8k $17.6m $17.6m 0.00% Reduced -6.7k -6,657
3 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 71,49171.5k $3.2m $3.2m 0.00% Added +8.2k +8,188
4 OLD MISSION CAPITAL LLC 0.06% of their portfolio CHICAGO, IL 49,52949.5k $2.2m $2.2m 0.06% Reduced -507 -507
5 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 30,09030.1k $1.3m $1.3m 0.01% Reduced -6.5k -6,519
6 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 22,20222.2k $992.0k $992.0k 0.00% Added +11.3k +11,254
7 GREAT VALLEY ADVISOR GROUP, INC. 0.01% of their portfolio WILMINGTON, DE 18,89418.9k $844.5k $844.5k 0.01% Added +560 +560
8 IHT Wealth Management, LLC 0.02% of their portfolio Chicago, IL 18,63518.6k $832.9k $832.9k 0.02% Reduced -340 -340
9 Coppell Advisory Solutions LLC 0.05% of their portfolio COPPELL, TX 14,34714.3k $642.2k $642.2k 0.05% New
10 VestGen Advisors, LLC 0.01% of their portfolio CHICAGO, IL 5,8545.9k $261.7k $261.7k 0.01% Added +28 +28
11 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 5,5075.5k $246.1k $246.1k 0.00% Reduced -18.4k -18,394
12 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,2681.3k $56.7k $56.7k 0.00% New
13 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,1131.1k $49.7k $49.7k 0.00% Reduced -109 -109
14 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 656656 $29.3k $29.3k 0.00% Reduced -5.9k -5,872
15 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 647647 $28.9k $28.9k 0.00% First filing
16 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 487487 $21.8k $21.8k 0.00% Added +25 +25
17 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 404404 $18.1k $18.1k 0.00% Unchanged
18 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 144144 $6.4k $6.4k 0.00% New
19 Signature Equity Partners, LLC 0.00% of their portfolio COLUMBUS, OH 2828 $1.3k $1.3k 0.00% Unchanged
20 Comprehensive Financial Planning, Inc./PA 0.00% of their portfolio EAST PETERSBURG, PA 2222 $983 $983 0.00% Unchanged
21 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 11 $33 $33 0.00% Unchanged