Vault-13

UNIFIED SER TR MGMT

BALLAST SMLMD CP · ETP · CUSIP 90470L550

35 institutional holders +5 vs Q3 2023
2,381,3572.4m shares reported held*
$88.1mreported value*
6 new 18 added 8 reduced 1 sold out net bought ≈ $4.5m (+121.1k 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 ≈ $37.00.

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 24Q4 22: 22Q1 23: 22Q2 23: 23Q3 23: 30Q4 23: 3535Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 202224
Q4 202222
Q1 202322
Q2 202323
Q3 202330
Q4 202335

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 9 bought or addedQ4 22: 12 cut or sold outQ4 22Q1 23: 13 bought or addedQ1 23: 6 cut or sold outQ1 23Q2 23: 11 bought or addedQ2 23: 9 cut or sold outQ2 23Q3 23: 17 bought or addedQ3 23: 10 cut or sold outQ3 23Q4 23: 24 bought or addedQ4 23: 9 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022912
Q1 2023136
Q2 2023119
Q3 20231710
Q4 2023249

Biggest buyers

CPC Advisors, LLC Added +67,060+67.1k
HighTower Advisors, LLC Added +23,238+23.2k
U.S. Capital Wealth Advisors, LLC Added +20,581+20.6k
Rockefeller Capital Management L.P. Added +20,130+20.1k
BENJAMIN F. EDWARDS & COMPANY, INC. Added +17,710+17.7k
First City Capital Management, Inc. Added +17,140+17.1k
Steward Partners Investment Advisory, LLC Added +13,899+13.9k
Centric Wealth Management New +10,906+10.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +10,784+10.8k
Cape Investment Advisory, Inc. Added +8,324+8.3k

Biggest sellers

Hedeker Wealth, LLC Reduced -42,157-42.2k
Resource Planning Group Reduced -17,892-17.9k
MERCER GLOBAL ADVISORS INC /ADV Reduced -17,892-17.9k
ENVESTNET ASSET MANAGEMENT INC Reduced -17,552-17.6k
Sage Mountain Advisors LLC Sold out -10,290-10.3k
Tidal Investments LLC Reduced -10,048-10.0k
Argent Trust Co Reduced -4,800-4.8k
Weaver Consulting Group Reduced -2,517-2.5k
Strategic Blueprint, LLC Reduced -110-110

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CPC Advisors, LLC 3.10% of their portfolio Atlanta, GA 449,153449.2k $16.6m $16.6m 3.10% Added +67.1k +67,060
2 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 357,149357.1k $13.2m $13.2m 0.02% Added +23.2k +23,238
3 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 238,026238.0k $8.8m $8.8m 0.01% Added +6.6k +6,565
4 Hedeker Wealth, LLC 1.75% of their portfolio Lincolnshire, IL 149,682149.7k $5.5m $5.5m 1.75% Reduced -42.2k -42,157
5 Lokken Investment Group LLC 2.65% of their portfolio LEWES, DE 126,451126.5k $4.7m $4.7m 2.65% Added +7.0k +6,977
6 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 103,373103.4k $3.8m $3.8m 0.01% Added +20.1k +20,130
7 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 96,08796.1k $3.6m $3.6m 0.01% Added +397 +397
8 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 94,74094.7k $3.5m $3.5m 0.00% Added +5.2k +5,202
9 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 91,91191.9k $3.4m $3.4m 0.00% Reduced -17.6k -17,552
10 Steward Partners Investment Advisory, LLC 0.04% of their portfolio STAMFORD, CT 88,28088.3k $3.3m $3.3m 0.04% Added +13.9k +13,899
11 First City Capital Management, Inc. 1.69% of their portfolio SAVANNAH, GA 78,82278.8k $2.9m $2.9m 1.69% Added +17.1k +17,140
12 Thomasville National Bank 0.22% of their portfolio THOMASVILLE, GA 68,38668.4k $2.5m $2.5m 0.22% Added +1.8k +1,778
13 Weaver Consulting Group 0.84% of their portfolio HUNTINGTON BEACH, CA 55,57855.6k $2.1m $2.1m 0.84% Reduced -2.5k -2,517
14 U.S. Capital Wealth Advisors, LLC 0.08% of their portfolio AUSTIN, TX 54,14454.1k $2.0m $2.0m 0.08% Added +20.6k +20,581
15 Cape Investment Advisory, Inc. 0.88% of their portfolio MCDONOUGH, GA 48,62848.6k $1.8m $1.8m 0.88% Added +8.3k +8,324
16 Resource Planning Group 1.09% of their portfolio ATLANTA, GA 46,21746.2k $1.7m $1.7m 1.09% Reduced -17.9k -17,892
17 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 45,45045.5k $1.7m $1.7m 0.01% Reduced -17.9k -17,892
18 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 26,18426.2k $969.0k $969.0k 0.00% Added +2.2k +2,158
19 Frontier Asset Management, LLC 0.35% of their portfolio SHERIDAN, WY 25,12625.1k $929.9k $929.9k 0.35% Added +724 +724
20 BENJAMIN F. EDWARDS & COMPANY, INC. 0.02% of their portfolio ST. LOUIS, MO 24,50424.5k $907.0k $907.0k 0.02% Added +17.7k +17,710
21 Argent Trust Co 0.04% of their portfolio NASHVILLE, TN 22,63022.6k $837.5k $837.5k 0.04% Reduced -4.8k -4,800
22 Tidal Investments LLC 0.02% of their portfolio Milwaukee, WI 20,71020.7k $766.5k $766.5k 0.02% Reduced -10.0k -10,048
23 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.04% of their portfolio CEDAR RAPIDS, IA 11,20011.2k $414.5k $414.5k 0.04% Unchanged
24 Centric Wealth Management 0.13% of their portfolio CHICAGO, IL 10,90610.9k $386.9k $386.9k 0.13% New
25 HB Wealth Management, LLC 0.01% of their portfolio Atlanta, GA 10,84210.8k $401.3k $401.3k 0.01% Unchanged
26 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 10,78410.8k $399.1k $399.1k 0.00% New
27 RAYMOND JAMES TRUST N.A. 0.01% of their portfolio ST. PETERSBURG, FL 9,98610.0k $369.6k $369.6k 0.01% Added +2.5k +2,524
28 Prime Capital Investment Advisors, LLC 0.00% of their portfolio OVERLAND PARK, KS 7,0757.1k $261.8k $261.8k 0.00% New
29 Strategic Blueprint, LLC 0.02% of their portfolio ATLANTA, GA 6,8626.9k $254.0k $254.0k 0.02% Reduced -110 -110
30 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,2051.2k $44.6k $44.6k 0.00% Added +118 +118
31 UBS Group AG 0.00% of their portfolio ZURICH, V8 676676 $25.0k $25.0k 0.00% Added +482 +482
32 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 410410 $15.2k $15.2k 0.00% New
33 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 179179 $6.6k $6.6k 0.00% New
34 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $34 $34 0.00% New
35 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged