Vault-13

TWO RDS SHARED TR LSAF

LDRSHS ALPFACT · ETP · CUSIP 90214Q774

25 institutional holders +2 vs Q1 2026
2,056,1112.1m shares reported held*
$106.5mreported value*
4 new 7 added 9 reduced 3 sold out net bought ≈ $605.2k (+11.7k 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 ≈ $51.79.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 22Q4 22: 26Q1 23: 30Q2 23: 28Q3 23: 30Q4 23: 25Q1 24: 25Q2 24: 28Q3 24: 30Q4 24: 30Q1 25: 27Q2 25: 27Q3 25: 23Q4 25: 24Q1 26: 23Q2 26: 2525Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202222
Q4 202226
Q1 202330
Q2 202328
Q3 202330
Q4 202325
Q1 202425
Q2 202428
Q3 202430
Q4 202430
Q1 202527
Q2 202527
Q3 202523
Q4 202524
Q1 202623
Q2 202625

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 24: 16 bought or addedQ3 24: 12 cut or sold outQ4 24: 9 bought or addedQ4 24: 21 cut or sold outQ4 24Q1 25: 5 bought or addedQ1 25: 22 cut or sold outQ2 25: 7 bought or addedQ2 25: 17 cut or sold outQ2 25Q3 25: 7 bought or addedQ3 25: 16 cut or sold outQ4 25: 9 bought or addedQ4 25: 15 cut or sold outQ4 25Q1 26: 7 bought or addedQ1 26: 13 cut or sold outQ2 26: 11 bought or addedQ2 26: 12 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20241612
Q4 2024921
Q1 2025522
Q2 2025717
Q3 2025716
Q4 2025915
Q1 2026713
Q2 20261112

Biggest buyers

Coppell Advisory Solutions LLC New +14,431+14.4k
Cetera Investment Advisers Added +13,534+13.5k
Cambridge Investment Research Advisors, Inc. Added +10,666+10.7k
Steward Partners Investment Advisory, LLC New +2,151+2.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +564+564
GREAT VALLEY ADVISOR GROUP, INC. Added +511+511
Integrated Wealth Concepts LLC New +268+268
JPMORGAN CHASE & CO New +223+223
FMR LLC Added +88+88
VestGen Advisors, LLC Added +54+54

Biggest sellers

LPL Financial LLC Reduced -8,830-8.8k
Gladstone Institutional Advisory LLC Sold out -6,103-6.1k
GOLDMAN SACHS GROUP INC Reduced -4,481-4.5k
Private Advisor Group, LLC Reduced -2,816-2.8k
UBS Group AG Reduced -2,803-2.8k
Aurora Private Wealth, Inc. Reduced -2,586-2.6k
Maia Wealth LLC Reduced -805-805
Redwood Investment Management, LLC Reduced -752-752
IHT Wealth Management, LLC Reduced -641-641
Allworth Financial LP Sold out -514-514

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Redwood Investment Management, LLC 6.08% of their portfolio SCOTTSDALE, AZ 1,183,8251.2m $61.3m $61.3m 6.08% Reduced -752 -752
2 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 582,713582.7k $30.2m $30.2m 0.01% Reduced -8.8k -8,830
3 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 111,157111.2k $5.8m $5.8m 0.01% Added +13.5k +13,534
4 IHT Wealth Management, LLC 0.04% of their portfolio Chicago, IL 31,54831.5k $1.6m $1.6m 0.04% Reduced -641 -641
5 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 30,04830.0k $1.6m $1.6m 0.01% Reduced -2.8k -2,816
6 GREAT VALLEY ADVISOR GROUP, INC. 0.02% of their portfolio WILMINGTON, DE 28,97729.0k $1.5m $1.5m 0.02% Added +511 +511
7 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 20,57020.6k $1.1m $1.1m 0.00% Added +10.7k +10,666
8 Coppell Advisory Solutions LLC 0.06% of their portfolio COPPELL, TX 14,43114.4k $746.9k $746.9k 0.06% New
9 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 13,88613.9k $719.1k $719.1k 0.00% Reduced -4.5k -4,481
10 VestGen Advisors, LLC 0.02% of their portfolio CHICAGO, IL 10,16210.2k $526.2k $526.2k 0.02% Added +54 +54
11 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 6,5546.6k $339.4k $339.4k 0.00% Added +564 +564
12 Aurora Private Wealth, Inc. 0.20% of their portfolio ROCKAWAY, NJ 6,1246.1k $317.0k $317.0k 0.20% Reduced -2.6k -2,586
13 Maia Wealth LLC 0.05% of their portfolio DENVER, CO 6,0926.1k $315.5k $315.5k 0.05% Reduced -805 -805
14 FMR LLC 0.00% of their portfolio BOSTON, MA 2,2432.2k $116.2k $116.2k 0.00% Added +88 +88
15 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 2,1512.2k $111.4k $111.4k 0.00% New
16 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 2,0722.1k $107.3k $107.3k 0.00% Reduced -195 -195
17 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,7311.7k $89.6k $89.6k 0.00% Reduced -2.8k -2,803
18 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 520520 $26.9k $26.9k 0.00% First filing
19 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 411411 $21.3k $21.3k 0.00% Added +27 +27
20 VANGUARD ADVISERS INC 0.00% of their portfolio Malvern, PA 348348 $18.0k $18.0k 0.00% Unchanged
21 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 268268 $13.9k $13.9k 0.00% New
22 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 223223 $11.5k $11.5k 0.00% New
23 Comprehensive Financial Planning, Inc./PA 0.00% of their portfolio EAST PETERSBURG, PA 2929 $1.5k $1.5k 0.00% Unchanged
24 Signature Equity Partners, LLC 0.00% of their portfolio COLUMBUS, OH 2727 $1.4k $1.4k 0.00% Unchanged
25 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 11 $28 $28 0.00% Unchanged