Vault-13

USCF ETF TR SDCI

SUMMERHAVEN K1 · ETP · CUSIP 90290T809

52 institutional holders +12 vs Q2 2025
4,105,5324.1m shares reported held*
$94.2mreported value*
20 new 21 added 9 reduced 6 sold out net bought ≈ $22.7m (+954.8k 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 ≈ $22.93.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 9Q4 22: 8Q1 23: 10Q2 23: 11Q3 23: 10Q4 23: 18Q1 24: 15Q2 24: 17Q3 24: 14Q4 24: 18Q1 25: 29Q2 25: 40Q3 25: 5252Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 20229
Q4 20228
Q1 202310
Q2 202311
Q3 202310
Q4 202318
Q1 202415
Q2 202417
Q3 202414
Q4 202418
Q1 202529
Q2 202540
Q3 202552

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 23: 11 bought or addedQ4 23: 5 cut or sold outQ1 24: 5 bought or addedQ1 24: 9 cut or sold outQ1 24Q2 24: 10 bought or addedQ2 24: 5 cut or sold outQ3 24: 5 bought or addedQ3 24: 9 cut or sold outQ3 24Q4 24: 11 bought or addedQ4 24: 5 cut or sold outQ1 25: 21 bought or addedQ1 25: 8 cut or sold outQ1 25Q2 25: 28 bought or addedQ2 25: 14 cut or sold outQ3 25: 41 bought or addedQ3 25: 15 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023115
Q1 202459
Q2 2024105
Q3 202459
Q4 2024115
Q1 2025218
Q2 20252814
Q3 20254115

Biggest buyers

BKM Wealth Management, LLC New +226,404+226.4k
Empirical Asset Management, LLC New +160,810+160.8k
Peak Financial Management, Inc. Added +112,219+112.2k
Focus Financial Network, Inc. New +90,275+90.3k
ENVESTNET ASSET MANAGEMENT INC New +88,404+88.4k
Midwest Professional Planners, LTD. New +70,692+70.7k
MML INVESTORS SERVICES, LLC New +53,786+53.8k
LPL Financial LLC Added +27,109+27.1k
Sovereign Financial Group, Inc. New +25,081+25.1k
NAPA WEALTH MANAGEMENT Added +23,772+23.8k

Biggest sellers

JANE STREET GROUP, LLC Sold out -61,162-61.2k
Wick Capital Partners, LLC Reduced -34,245-34.2k
SMI Advisory Services, LLC Reduced -22,048-22.0k
Orion Porfolio Solutions, LLC Reduced -19,613-19.6k
Thrivent Financial for Lutherans Sold out -18,296-18.3k
Walleye Capital LLC Sold out -9,534-9.5k
Apollon Wealth Management, LLC Reduced -1,301-1.3k
Rosenberg Matthew Hamilton Sold out -1,210-1.2k
&PARTNERS Reduced -621-621
Ameritas Advisory Services, LLC Reduced -450-450

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SMI Advisory Services, LLC 3.55% of their portfolio COLUMBUS, IN 823,016823.0k $18.7m $18.7m 3.55% Reduced -22.0k -22,048
2 Orion Porfolio Solutions, LLC 0.07% of their portfolio OMAHA, NE 376,134376.1k $8.7m $8.7m 0.07% Reduced -19.6k -19,613
3 Peak Financial Management, Inc. 2.11% of their portfolio WELLESLEY, MA 346,509346.5k $8.0m $8.0m 2.11% Added +112.2k +112,219
4 Maltin Wealth Management, Inc. 2.92% of their portfolio RIDGEWOOD, NJ 306,032306.0k $7.0m $7.0m 2.92% Added +6.6k +6,610
5 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 242,749242.7k $5.5m $5.5m 0.01% Added +16.2k +16,208
6 BKM Wealth Management, LLC 1.92% of their portfolio BROOKFIELD, WI 226,404226.4k $5.2m $5.2m 1.92% New
7 FIG FINANCIAL ADVISORY SERVICES INC /ADV 3.00% of their portfolio OKLAHOMA CITY, OK 208,026208.0k $4.8m $4.8m 3.00% Added +10.5k +10,515
8 NAPA WEALTH MANAGEMENT 1.90% of their portfolio Napa, CA 176,636176.6k $4.1m $4.1m 1.90% Added +23.8k +23,772
9 Empirical Asset Management, LLC 1.03% of their portfolio WELLESLEY, MA 160,810160.8k $3.7m $3.7m 1.03% New
10 &PARTNERS 0.02% of their portfolio NASHVILLE, TN 116,868116.9k $2.7m $2.7m 0.02% Reduced -621 -621
11 ABLE Financial Group, LLC 0.48% of their portfolio SCOTTSDALE, AZ 96,82296.8k $2.2m $2.2m 0.48% Added +1.6k +1,603
12 Cambria Investment Management, L.P. 0.13% of their portfolio Manhattan Beach, CA 92,09392.1k $2.1m $2.1m 0.13% Added +1 +1
13 Focus Financial Network, Inc. 0.07% of their portfolio MINNEAPOLIS, MN 90,27590.3k $2.1m $2.1m 0.07% New
14 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 88,40488.4k $2.0m $2.0m 0.00% New
15 Midwest Professional Planners, LTD. 0.40% of their portfolio WAUSAU, WI 70,69270.7k $1.6m $1.6m 0.40% New
16 Apollon Wealth Management, LLC 0.02% of their portfolio MOUNT PLEASANT, SC 58,22158.2k $1.3m $1.3m 0.02% Reduced -1.3k -1,301
17 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 53,78653.8k $1.2m $1.2m 0.00% New
18 Moors & Cabot, Inc. 0.05% of their portfolio BOSTON, MA 49,55449.6k $1.1m $1.1m 0.05% Added +1.1k +1,087
19 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 38,33138.3k $881.6k $881.6k 0.00% Added +27.1k +27,109
20 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 37,42637.4k $860.8k $860.8k 0.01% Added +1.3k +1,265
21 Ashton Thomas Private Wealth, LLC 0.02% of their portfolio SCOTTSDALE, AZ 36,84236.8k $847.4k $847.4k 0.02% Added +14.3k +14,295
22 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 34,23434.2k $787.4k $787.4k 0.01% Added +2.8k +2,797
23 Crossmark Global Holdings, Inc. 0.01% of their portfolio HOUSTON, TX 32,92832.9k $757.3k $757.3k 0.01% Reduced -56 -56
24 Wick Capital Partners, LLC 0.16% of their portfolio WAYNE, PA 30,00430.0k $690.1k $690.1k 0.16% Reduced -34.2k -34,245
25 Sovereign Financial Group, Inc. 0.11% of their portfolio STAMFORD, CT 25,08125.1k $576.9k $576.9k 0.11% New
26 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 23,70123.7k $545.1k $545.1k 0.01% Reduced -29 -29
27 WT Wealth Management 0.16% of their portfolio SCOTTSDALE, AZ 23,52423.5k $541.1k $541.1k 0.16% Added +673 +673
28 CREATIVE FINANCIAL DESIGNS INC /ADV 0.04% of their portfolio KOKOMO, IN 22,70422.7k $522.2k $522.2k 0.04% Added +22.6k +22,648
29 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 21,71021.7k $499.3k $499.3k 0.00% Added +6.0k +6,014
30 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 19,11519.1k $439.6k $439.6k 0.01% Added +734 +734
31 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 18,80918.8k $433.0k $433.0k 0.00% New
32 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 18,05918.1k $413.9k $413.9k 0.00% New
33 WESTBOURNE INVESTMENTS, INC. 0.19% of their portfolio ALEXANDRIA, VA 17,31517.3k $399.5k $399.5k 0.19% New
34 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 17,14817.1k $394.4k $394.4k 0.00% New
35 STOCK YARDS BANK & TRUST CO 0.01% of their portfolio LOUISVILLE, KY 17,01217.0k $391.3k $391.3k 0.01% New
36 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 15,37415.4k $354.0k $354.0k 0.00% New
37 FLOW TRADERS U.S. LLC 0.01% of their portfolio NEW YORK, NY 13,97614.0k $321.0k $321.0k 0.01% New
38 COMMONS CAPITAL, LLC 0.19% of their portfolio NEEDHAM, MA 12,45112.5k $286.4k $286.4k 0.19% Added +706 +706
39 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 11,79711.8k $271.3k $271.3k 0.00% New
40 RICHARDS, MERRILL & PETERSON, INC. 0.11% of their portfolio SPOKANE, WA 10,80010.8k $248.4k $248.4k 0.11% New
41 Ausdal Financial Partners, Inc. 0.01% of their portfolio Davenport, IA 8,7508.8k $201.2k $201.2k 0.01% New
42 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 6,5006.5k $149.5k $149.5k 0.00% Added +4.7k +4,651
43 LANARK FINANCIAL, INC. 0.01% of their portfolio BIRMINGHAM, AL 3,3503.4k $77.0k $77.0k 0.01% Added +3.0k +3,050
44 Principia Wealth Advisory, LLC 0.04% of their portfolio DALLAS, TX 2,4402.4k $56.1k $56.1k 0.04% Added +1.3k +1,320
45 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,2421.2k $28.6k $28.6k 0.00% Unchanged
46 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 1,0001.0k $23.0k $23.0k 0.00% New
47 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 628628 $14.4k $14.4k 0.00% New
48 Binnacle Investments Inc 0.00% of their portfolio URBANDALE, IA 167167 $3.8k $3.8k 0.00% New
49 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 5656 $1.3k $1.3k 0.00% Reduced -450 -450
50 FMR LLC 0.00% of their portfolio BOSTON, MA 2424 $550 $550 0.00% Reduced -54 -54
51 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 22 $50 $50 0.00% Unchanged
52 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $12 $12 0.00% Added +1 +1