Vault-13

TWO RDS SHARED TR

ANFIELD US EQU · CUSIP 90214Q733

21 institutional holders -1 vs Q4 2025
7,885,1877.9m shares reported held*
$132.1mreported value*
2 new 11 added 2 reduced 1 sold out net bought ≈ $12.1m (+721.3k 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 ($11.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $16.76.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 11Q4 22: 12Q1 23: 12Q2 23: 12Q3 23: 13Q4 23: 19Q1 24: 14Q2 24: 14Q3 24: 15Q4 24: 19Q1 25: 20Q2 25: 22Q3 25: 21Q4 25: 22Q1 26: 2121Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202211
Q4 202212
Q1 202312
Q2 202312
Q3 202313
Q4 202319
Q1 202414
Q2 202414
Q3 202415
Q4 202419
Q1 202520
Q2 202522
Q3 202521
Q4 202522
Q1 202621

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q2 24: 6 bought or addedQ2 24: 8 cut or sold outQ3 24: 5 bought or addedQ3 24: 7 cut or sold outQ3 24Q4 24: 8 bought or addedQ4 24: 7 cut or sold outQ1 25: 11 bought or addedQ1 25: 4 cut or sold outQ1 25Q2 25: 8 bought or addedQ2 25: 12 cut or sold outQ3 25: 3 bought or addedQ3 25: 13 cut or sold outQ3 25Q4 25: 7 bought or addedQ4 25: 10 cut or sold outQ1 26: 13 bought or addedQ1 26: 3 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 202468
Q3 202457
Q4 202487
Q1 2025114
Q2 2025812
Q3 2025313
Q4 2025710
Q1 2026133

Biggest buyers

Foundations Investment Advisors, LLC Added +704,384+704.4k
J.M. Arbour, LLC Added +12,168+12.2k
LPL Financial LLC New +11,515+11.5k
Geneos Wealth Management Inc. Added +8,527+8.5k
Independent Advisor Alliance Added +7,514+7.5k
Walser Wealth Management Company, A Ltd Liability Co Added +5,409+5.4k
Anfield Capital Management, LLC Added +3,370+3.4k
AdvisorNet Financial, Inc Added +798+798
AE Wealth Management LLC Added +575+575
MORGAN STANLEY New +397+397

Biggest sellers

Wealth Enhancement Trust Services, Inc. Reduced -18,561-18.6k
Atria Investments, Inc Sold out -14,590-14.6k
SLT Holdings LLC Reduced -563-563

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 -3.6 pts · filed 2025-11-03 62.1% -3.6 pts 4.7m 2025-11-03

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Foundations Investment Advisors, LLC 1.12% of their portfolio PHOENIX, AZ 5,381,4585.4m $90.0m $90.0m 1.12% Added +704.4k +704,384
2 Anfield Capital Management, LLC 4.41% of their portfolio IRVINE, CA 958,218958.2k $16.0m $16.0m 4.41% Added +3.4k +3,370
3 Geneos Wealth Management Inc. 0.20% of their portfolio ENGLEWOOD, CO 513,540513.5k $8.6m $8.6m 0.20% Added +8.5k +8,527
4 Wealth Enhancement Trust Services, Inc. 0.85% of their portfolio SIOUX FALLS, SD 422,107422.1k $7.1m $7.1m 0.85% Reduced -18.6k -18,561
5 XY Planning Network, Inc. 0.64% of their portfolio BOZEMAN, MT 233,715233.7k $4.0m $4.0m 0.64% Unchanged
6 J.M. Arbour, LLC 1.88% of their portfolio GARDINER, ME 116,817116.8k $2.0m $2.0m 1.88% Added +12.2k +12,168
7 Independent Advisor Alliance 0.01% of their portfolio CHARLOTTE, NC 71,67771.7k $1.2m $1.2m 0.01% Added +7.5k +7,514
8 AdvisorNet Financial, Inc 0.05% of their portfolio MINNETONKA, MN 61,12761.1k $1.0m $1.0m 0.05% Added +798 +798
9 Mosley Wealth Management 0.34% of their portfolio ANAHEIM, CA 36,70536.7k $755.4k $755.4k 0.34% Added +6 +6
10 SLT Holdings LLC 0.31% of their portfolio SCOTTSDALE, AZ 26,56726.6k $444.5k $444.5k 0.31% Reduced -563 -563
11 Walser Wealth Management Company, A Ltd Liability Co 0.12% of their portfolio TAMPA, FL 15,71815.7k $263.0k $263.0k 0.12% Added +5.4k +5,409
12 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 11,66011.7k $195.0k $195.0k 0.00% Unchanged
13 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 11,51511.5k $192.6k $192.6k 0.00% New
14 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 11,51211.5k $192.6k $192.6k 0.00% Added +90 +90
15 DecisionPoint Financial, LLC 0.02% of their portfolio MESA, AZ 5,8415.8k $97.7k $97.7k 0.02% Unchanged
16 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,7992.8k $46.8k $46.8k 0.00% Unchanged
17 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 2,3882.4k $40.0k $40.0k 0.00% Added +575 +575
18 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 908908 $15.2k $15.2k 0.00% Unchanged
19 GeoWealth Management, LLC 0.00% of their portfolio CHICAGO, IL 695695 $11.6k $11.6k 0.00% Added +269 +269
20 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 518518 $8.7k $8.7k 0.00% Unchanged
21 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 397397 $6.6k $6.6k 0.00% New