Vault-13

VALUED ADVISERS TR MBSF

REGAN FLTG RATE · ETP · CUSIP 92046L338

58 institutional holders +8 vs Q4 2025
5,180,1375.2m shares reported held*
$132.2mreported value*
16 new 23 added 13 reduced 9 sold out net bought ≈ $5.6m (+221.0k 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 ≈ $25.51.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q1 24: 15Q2 24: 24Q3 24: 31Q4 24: 35Q1 25: 43Q2 25: 50Q3 25: 42Q4 25: 50Q1 26: 5858Q1 24Q3 24Q1 25Q3 25Q1 26
Numbers
QuarterHolders
Q1 202415
Q2 202424
Q3 202431
Q4 202435
Q1 202543
Q2 202550
Q3 202542
Q4 202550
Q1 202658

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 24: 18 bought or addedQ2 24: 5 cut or sold outQ3 24: 24 bought or addedQ3 24: 8 cut or sold outQ3 24Q4 24: 21 bought or addedQ4 24: 15 cut or sold outQ1 25: 27 bought or addedQ1 25: 16 cut or sold outQ1 25Q2 25: 33 bought or addedQ2 25: 20 cut or sold outQ3 25: 24 bought or addedQ3 25: 22 cut or sold outQ3 25Q4 25: 27 bought or addedQ4 25: 19 cut or sold outQ1 26: 39 bought or addedQ1 26: 22 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024185
Q3 2024248
Q4 20242115
Q1 20252716
Q2 20253320
Q3 20252422
Q4 20252719
Q1 20263922

Biggest buyers

CREATIVE FINANCIAL DESIGNS INC /ADV New +349,594+349.6k
ROYAL BANK OF CANADA Added +166,069+166.1k
Apollon Wealth Management, LLC Added +78,918+78.9k
United Asset Strategies, Inc. Added +75,828+75.8k
LPL Financial LLC Added +70,572+70.6k
STIFEL FINANCIAL CORP New +57,500+57.5k
TRUST CO OF TOLEDO NA /OH/ New +46,093+46.1k
Acorn Wealth Advisors, LLC Added +25,481+25.5k
NewEdge Advisors, LLC Added +21,360+21.4k
Q3 Asset Management New +19,381+19.4k

Biggest sellers

WealthPlan Investment Management, LLC Reduced -249,729-249.7k
Diesslin Group, Inc. Reduced -217,620-217.6k
Castleview Partners, LLC Reduced -113,822-113.8k
ENDEAVOR PRIVATE WEALTH, INC. Sold out -51,692-51.7k
Balefire, LLC Reduced -47,022-47.0k
CacheTech Inc. Sold out -30,039-30.0k
WealthPLAN Partners, LLC Reduced -24,041-24.0k
TRUIST FINANCIAL CORP Sold out -20,840-20.8k
Biltmore Family Office, LLC Reduced -18,493-18.5k
CITADEL ADVISORS LLC Sold out -12,847-12.8k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Castleview Partners, LLC 12.91% of their portfolio DALLAS, TX 987,316987.3k $25.2m $25.2m 12.91% Reduced -113.8k -113,822
2 CREATIVE FINANCIAL DESIGNS INC /ADV 0.54% of their portfolio KOKOMO, IN 349,594349.6k $8.9m $8.9m 0.54% New
3 Balefire, LLC 1.47% of their portfolio DALLAS, TX 306,739306.7k $7.8m $7.8m 1.47% Reduced -47.0k -47,022
4 Auour Investments LLC 2.46% of their portfolio WOBURN, MA 306,652306.7k $7.8m $7.8m 2.46% Added +1.2k +1,197
5 Biltmore Family Office, LLC 0.94% of their portfolio CHARLOTTE, NC 264,127264.1k $6.7m $6.7m 0.94% Reduced -18.5k -18,493
6 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 249,169249.2k $6.4m $6.4m 0.00% Added +166.1k +166,069
7 CWC Advisors, LLC. 2.48% of their portfolio LAKE OSWEGO, OR 204,614204.6k $5.2m $5.2m 2.48% Added +3.4k +3,379
8 Sterneck Capital Management, LLC 2.31% of their portfolio KANSAS CITY, MO 201,829201.8k $5.1m $5.1m 2.31% Added +8.2k +8,193
9 State of New Jersey Common Pension Fund D 0.02% of their portfolio TRENTON, NJ 200,000200.0k $5.1m $5.1m 0.02% Unchanged
10 United Asset Strategies, Inc. 0.36% of their portfolio GARDEN CITY, NY 179,090179.1k $4.6m $4.6m 0.36% Added +75.8k +75,828
11 EXCHANGE TRADED CONCEPTS, LLC 0.03% of their portfolio Oklahoma City, OK 168,457168.5k $4.3m $4.3m 0.03% Unchanged
12 Apollon Wealth Management, LLC 0.07% of their portfolio MOUNT PLEASANT, SC 167,488167.5k $4.3m $4.3m 0.07% Added +78.9k +78,918
13 WealthPlan Investment Management, LLC 0.18% of their portfolio OMAHA, NE 123,803123.8k $3.2m $3.2m 0.18% Reduced -249.7k -249,729
14 Camarda Financial Advisors, LLC 1.61% of their portfolio FLEMING ISLAND, FL 119,573119.6k $3.1m $3.1m 1.61% Added +721 +721
15 Bison Wealth, LLC 0.29% of their portfolio ATLANTA, GA 116,384116.4k $3.0m $3.0m 0.29% Added +6.5k +6,543
16 Acorn Wealth Advisors, LLC 0.83% of their portfolio Grand Blanc, MI 112,102112.1k $2.9m $2.9m 0.83% Added +25.5k +25,481
17 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 94,81294.8k $2.4m $2.4m 0.00% Added +70.6k +70,572
18 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 92,87792.9k $2.4m $2.4m 0.01% Added +21.4k +21,360
19 WealthPLAN Partners, LLC 0.42% of their portfolio OMAHA, NE 85,17985.2k $2.2m $2.2m 0.42% Reduced -24.0k -24,041
20 BlackDiamond Wealth Management, LLC 0.98% of their portfolio NEW YORK, NY 79,85779.9k $2.0m $2.0m 0.98% Added +3.0k +3,020
21 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 78,83678.8k $2.0m $2.0m 0.02% Reduced -1.5k -1,452
22 WESPAC Advisors, LLC 1.03% of their portfolio ORINDA, CA 74,02674.0k $1.9m $1.9m 1.03% Added +5.5k +5,486
23 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 57,50057.5k $1.5m $1.5m 0.00% New
24 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 54,87554.9k $1.4m $1.4m 0.00% Unchanged
25 TRUST CO OF TOLEDO NA /OH/ 0.11% of their portfolio HOLLAND, OH 46,09346.1k $1.2m $1.2m 0.11% New
26 BEAM WEALTH ADVISORS, INC. 0.27% of their portfolio COVINGTON, LA 42,02142.0k $1.1m $1.1m 0.27% Added +2.8k +2,760
27 HBW ADVISORY SERVICES LLC 0.10% of their portfolio SIMI VALLEY, CA 37,50037.5k $956.6k $956.6k 0.10% Reduced -12.5k -12,503
28 Dynamic Advisor Solutions LLC 0.03% of their portfolio PHOENIX, AZ 34,08434.1k $869.5k $869.5k 0.03% Added +2.8k +2,816
29 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 26,53626.5k $676.9k $676.9k 0.00% Added +4.8k +4,850
30 Commerce Advisors, LLC 0.51% of their portfolio MEMPHIS, TN 23,61223.6k $602.3k $602.3k 0.51% First filing
31 FLOW TRADERS U.S. LLC 0.02% of their portfolio NEW YORK, NY 22,40122.4k $571.0k $571.0k 0.02% Added +6.7k +6,660
32 Diesslin Group, Inc. 0.23% of their portfolio FORT WORTH, TX 20,08920.1k $512.5k $512.5k 0.23% Reduced -217.6k -217,620
33 LANE BROTHERS & CO INC 0.37% of their portfolio PRESCOTT, AZ 19,66819.7k $501.7k $501.7k 0.37% Added +1.0k +1,043
34 Q3 Asset Management 0.12% of their portfolio BIRMINGHAM, MI 19,38119.4k $494.0k $494.0k 0.12% New
35 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 17,64517.6k $450.1k $450.1k 0.00% New
36 TCP Asset Management, LLC 0.05% of their portfolio Upper Arlington, OH 16,25416.3k $414.6k $414.6k 0.05% Added +7.3k +7,261
37 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 15,52115.5k $395.9k $395.9k 0.00% New
38 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 15,21815.2k $388.0k $388.0k 0.00% Added +763 +763
39 KINGSWOOD WEALTH ADVISORS, LLC 0.02% of their portfolio SAN DIEGO, CA 15,00815.0k $382.9k $382.9k 0.02% Reduced -2.9k -2,873
40 Global View Capital Management LLC 0.10% of their portfolio WAUKESHA, WI 14,64014.6k $373.5k $373.5k 0.10% Reduced -649 -649
41 OneAscent Financial Services LLC 0.02% of their portfolio BIRMINGHAM, AL 14,47114.5k $369.2k $369.2k 0.02% New
42 SILVER OAK SECURITIES, INCORPORATED 0.02% of their portfolio JACKSON, TN 13,07413.1k $333.5k $333.5k 0.02% Added +481 +481
43 Summit Financial, LLC 0.00% of their portfolio PARSIPPANY, NJ 12,14812.1k $309.9k $309.9k 0.00% Unchanged
44 Krilogy Financial LLC 0.01% of their portfolio ST. LOUIS, MO 11,00011.0k $281.8k $281.8k 0.01% New
45 J2 Capital Management Inc 0.18% of their portfolio TROY, MI 10,27310.3k $262.1k $262.1k 0.18% Unchanged
46 Waterfront Wealth Inc. 0.05% of their portfolio OVERLAND PARK, KS 10,20010.2k $260.2k $260.2k 0.05% New
47 Chicago Partners Investment Group LLC 0.01% of their portfolio CHICAGO, IL 9,8389.8k $253.3k $253.3k 0.01% Reduced -581 -581
48 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 9,5259.5k $243.0k $243.0k 0.00% Added +1.2k +1,173
49 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 8,1428.1k $207.7k $207.7k 0.00% New
50 Dynasty Wealth Management, LLC 0.00% of their portfolio ST. PETERSBURG, FL 8,0008.0k $204.1k $204.1k 0.00% New
51 Weaver Consulting Group 0.05% of their portfolio HUNTINGTON BEACH, CA 7,9147.9k $201.9k $201.9k 0.05% Reduced -136 -136
52 Opal Wealth Advisors, LLC 0.01% of their portfolio JERICHO, NY 2,4572.5k $62.7k $62.7k 0.01% New
53 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,2451.2k $31.9k $31.9k 0.00% New
54 FWL INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio Dallas, TX 855855 $21.8k $21.8k 0.00% Reduced -575 -575
55 CWM, LLC 0.00% of their portfolio OMAHA, NE 214214 $5.5k $5.5k 0.00% Added +2 +2
56 BlackRock, Inc. 0.00% of their portfolio New York, NY 100100 $2.6k $2.6k 0.00% New
57 Security National Bank 0.00% of their portfolio OMAHA, NE 7878 $2.0k $2.0k 0.00% New
58 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 3333 $842 $842 0.00% New