Vault-13

VALUED ADVISERS TR MBSF

REGAN FLTG RATE · ETP · CUSIP 92046L338

70 institutional holders +12 vs Q1 2026
6,094,1996.1m shares reported held*
$156.5mreported value*
18 new 32 added 16 reduced 6 sold out net bought ≈ $23.0m (+894.4k 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 ≈ $25.67.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q1 24: 15Q2 24: 24Q3 24: 31Q4 24: 35Q1 25: 43Q2 25: 50Q3 25: 42Q4 25: 50Q1 26: 58Q2 26: 7070Q1 24Q3 24Q1 25Q3 25Q1 26Q2 26
Numbers
QuarterHolders
Q1 202415
Q2 202424
Q3 202431
Q4 202435
Q1 202543
Q2 202550
Q3 202542
Q4 202550
Q1 202658
Q2 202670

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q3 24: 24 bought or addedQ3 24: 8 cut or sold outQ4 24: 21 bought or addedQ4 24: 15 cut or sold outQ4 24Q1 25: 27 bought or addedQ1 25: 16 cut or sold outQ2 25: 33 bought or addedQ2 25: 20 cut or sold outQ2 25Q3 25: 24 bought or addedQ3 25: 22 cut or sold outQ4 25: 27 bought or addedQ4 25: 19 cut or sold outQ4 25Q1 26: 39 bought or addedQ1 26: 22 cut or sold outQ2 26: 50 bought or addedQ2 26: 22 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024248
Q4 20242115
Q1 20252716
Q2 20253320
Q3 20252422
Q4 20252719
Q1 20263922
Q2 20265022

Biggest buyers

State of New Jersey Common Pension Fund D Added +400,000+400.0k
United Asset Strategies, Inc. Added +245,403+245.4k
CREATIVE FINANCIAL DESIGNS INC /ADV Added +102,914+102.9k
HRT FINANCIAL LP New +44,321+44.3k
Auour Investments LLC Added +33,902+33.9k
Trivium Point Advisory, LLC New +32,769+32.8k
MAI Capital Management Added +32,151+32.2k
TRUST CO OF TOLEDO NA /OH/ Added +25,913+25.9k
KINGSWOOD WEALTH ADVISORS, LLC Added +25,315+25.3k
Advisor OS, LLC New +23,208+23.2k

Biggest sellers

Balefire, LLC Reduced -136,647-136.6k
WealthPLAN Partners, LLC Reduced -31,315-31.3k
WealthPlan Investment Management, LLC Reduced -25,376-25.4k
FLOW TRADERS U.S. LLC Sold out -22,401-22.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -15,521-15.5k
EXCHANGE TRADED CONCEPTS, LLC Reduced -12,805-12.8k
Biltmore Family Office, LLC Reduced -12,299-12.3k
GOLDMAN SACHS GROUP INC Reduced -11,263-11.3k
HBW ADVISORY SERVICES LLC Reduced -10,296-10.3k
RAYMOND JAMES FINANCIAL INC Sold out -8,142-8.1k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Castleview Partners, LLC 11.16% of their portfolio DALLAS, TX 988,999989.0k $25.4m $25.4m 11.16% Added +1.7k +1,683
2 State of New Jersey Common Pension Fund D 0.05% of their portfolio TRENTON, NJ 600,000600.0k $15.4m $15.4m 0.05% Added +400.0k +400,000
3 CREATIVE FINANCIAL DESIGNS INC /ADV 0.55% of their portfolio KOKOMO, IN 452,508452.5k $11.6m $11.6m 0.55% Added +102.9k +102,914
4 United Asset Strategies, Inc. 0.77% of their portfolio GARDEN CITY, NY 424,493424.5k $10.9m $10.9m 0.77% Added +245.4k +245,403
5 Auour Investments LLC 2.51% of their portfolio WOBURN, MA 340,554340.6k $8.7m $8.7m 2.51% Added +33.9k +33,902
6 Biltmore Family Office, LLC 0.85% of their portfolio CHARLOTTE, NC 251,828251.8k $6.5m $6.5m 0.85% Reduced -12.3k -12,299
7 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 241,251241.3k $6.2m $6.2m 0.00% Reduced -7.9k -7,918
8 CWC Advisors, LLC. 2.41% of their portfolio LAKE OSWEGO, OR 211,437211.4k $5.4m $5.4m 2.41% Added +6.8k +6,823
9 Sterneck Capital Management, LLC 2.26% of their portfolio KANSAS CITY, MO 205,476205.5k $5.3m $5.3m 2.26% Added +3.6k +3,647
10 Apollon Wealth Management, LLC 0.06% of their portfolio MOUNT PLEASANT, SC 176,502176.5k $4.5m $4.5m 0.06% Added +9.0k +9,014
11 Balefire, LLC 0.71% of their portfolio DALLAS, TX 170,092170.1k $4.4m $4.4m 0.71% Reduced -136.6k -136,647
12 EXCHANGE TRADED CONCEPTS, LLC 0.02% of their portfolio Oklahoma City, OK 155,652155.7k $4.0m $4.0m 0.02% Reduced -12.8k -12,805
13 Acorn Wealth Advisors, LLC 0.79% of their portfolio Grand Blanc, MI 125,594125.6k $3.2m $3.2m 0.79% Added +13.5k +13,492
14 Camarda Financial Advisors, LLC 0.96% of their portfolio FLEMING ISLAND, FL 123,227123.2k $3.2m $3.2m 0.96% Added +3.7k +3,654
15 Bison Wealth, LLC 0.28% of their portfolio ATLANTA, GA 118,810118.8k $3.0m $3.0m 0.28% Added +2.4k +2,426
16 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 101,884101.9k $2.6m $2.6m 0.01% Added +9.0k +9,007
17 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 98,62598.6k $2.5m $2.5m 0.00% Added +3.8k +3,813
18 WealthPlan Investment Management, LLC 0.13% of their portfolio OMAHA, NE 98,42798.4k $2.5m $2.5m 0.13% Reduced -25.4k -25,376
19 BlackDiamond Wealth Management, LLC 1.01% of their portfolio NEW YORK, NY 97,78797.8k $2.5m $2.5m 1.01% Added +17.9k +17,930
20 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 82,61782.6k $2.1m $2.1m 0.02% Added +3.8k +3,781
21 WESPAC Advisors, LLC 0.95% of their portfolio ORINDA, CA 75,85975.9k $1.9m $1.9m 0.95% Added +1.8k +1,833
22 TRUST CO OF TOLEDO NA /OH/ 0.15% of their portfolio HOLLAND, OH 72,00672.0k $1.8m $1.8m 0.15% Added +25.9k +25,913
23 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 60,07860.1k $1.5m $1.5m 0.00% Added +2.6k +2,578
24 WealthPLAN Partners, LLC 0.26% of their portfolio OMAHA, NE 53,86453.9k $1.4m $1.4m 0.26% Reduced -31.3k -31,315
25 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 49,79649.8k $1.3m $1.3m 0.00% Added +32.2k +32,151
26 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 44,32144.3k $1.1m $1.1m 0.00% New
27 BEAM WEALTH ADVISORS, INC. 0.25% of their portfolio COVINGTON, LA 44,11844.1k $1.1m $1.1m 0.25% Added +2.1k +2,097
28 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 43,61243.6k $1.1m $1.1m 0.00% Reduced -11.3k -11,263
29 KINGSWOOD WEALTH ADVISORS, LLC 0.04% of their portfolio SAN DIEGO, CA 40,32340.3k $1.0m $1.0m 0.04% Added +25.3k +25,315
30 Dynamic Advisor Solutions LLC 0.03% of their portfolio PHOENIX, AZ 36,40736.4k $934.8k $934.8k 0.03% Added +2.3k +2,323
31 Q3 Asset Management 0.17% of their portfolio BIRMINGHAM, MI 36,30936.3k $932.0k $932.0k 0.17% Added +16.9k +16,928
32 Trivium Point Advisory, LLC 0.08% of their portfolio WILTON, CT 32,76932.8k $841.3k $841.3k 0.08% New
33 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 29,68829.7k $762.0k $762.0k 0.00% Added +14.5k +14,470
34 HBW ADVISORY SERVICES LLC 0.06% of their portfolio SIMI VALLEY, CA 27,20427.2k $698.5k $698.5k 0.06% Reduced -10.3k -10,296
35 Commerce Advisors, LLC 0.37% of their portfolio MEMPHIS, TN 26,53726.5k $681.3k $681.3k 0.37% Added +2.9k +2,925
36 Advisor OS, LLC 0.04% of their portfolio CHICAGO, IL 23,20823.2k $595.9k $595.9k 0.04% New
37 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 22,81222.8k $585.7k $585.7k 0.00% New
38 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 21,12721.1k $542.4k $542.4k 0.00% Reduced -5.4k -5,409
39 Diesslin Group, Inc. 0.20% of their portfolio FORT WORTH, TX 20,10120.1k $516.1k $516.1k 0.20% Added +12 +12
40 R2 Capital Strategies, LLC 0.23% of their portfolio LINCOLN, NE 19,89719.9k $510.9k $510.9k 0.23% First filing
41 Provenance Wealth Advisors, LLC 0.05% of their portfolio FORT LAUDERDALE, FL 19,45519.5k $499.5k $499.5k 0.05% New
42 TCP Asset Management, LLC 0.04% of their portfolio Upper Arlington, OH 15,28015.3k $392.3k $392.3k 0.04% Reduced -974 -974
43 OneAscent Financial Services LLC 0.02% of their portfolio BIRMINGHAM, AL 14,79614.8k $379.9k $379.9k 0.02% Added +325 +325
44 LANE BROTHERS & CO INC 0.25% of their portfolio PRESCOTT, AZ 14,72514.7k $378.1k $378.1k 0.25% Reduced -4.9k -4,943
45 Global View Capital Management LLC 0.08% of their portfolio WAUKESHA, WI 14,35614.4k $368.6k $368.6k 0.08% Reduced -284 -284
46 Concord Wealth Partners 0.04% of their portfolio ABINGDON, VA 13,44813.4k $345.3k $345.3k 0.04% New
47 Concord Asset Management, LLC/VA 0.05% of their portfolio ABINGDON, VA 13,44813.4k $345.3k $345.3k 0.05% New
48 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 13,39513.4k $343.9k $343.9k 0.01% New
49 SILVER OAK SECURITIES, INCORPORATED 0.02% of their portfolio JACKSON, TN 12,81712.8k $329.1k $329.1k 0.02% Reduced -257 -257
50 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 11,60811.6k $298.0k $298.0k 0.00% Added +2.1k +2,083
51 Krilogy Financial LLC 0.01% of their portfolio ST. LOUIS, MO 11,00011.0k $282.4k $282.4k 0.01% Unchanged
52 Waterfront Wealth Inc. 0.04% of their portfolio OVERLAND PARK, KS 10,57910.6k $271.9k $271.9k 0.04% Added +379 +379
53 Chicago Partners Investment Group LLC 0.01% of their portfolio CHICAGO, IL 10,31010.3k $265.3k $265.3k 0.01% Added +472 +472
54 J2 Capital Management Inc 0.18% of their portfolio TROY, MI 10,27310.3k $263.8k $263.8k 0.18% Unchanged
55 Summit Financial, LLC 0.00% of their portfolio PARSIPPANY, NJ 8,8178.8k $226.4k $226.4k 0.00% Reduced -3.3k -3,331
56 Koshinski Asset Management, Inc. 0.01% of their portfolio DECATUR, IL 8,5678.6k $220.0k $220.0k 0.01% New
57 EP Wealth Advisors, LLC 0.00% of their portfolio TORRANCE, CA 8,4018.4k $215.7k $215.7k 0.00% New
58 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 7,8787.9k $202.3k $202.3k 0.00% New
59 Weaver Consulting Group 0.04% of their portfolio HUNTINGTON BEACH, CA 7,8047.8k $200.4k $200.4k 0.04% Reduced -110 -110
60 Continuum Advisory, LLC 0.01% of their portfolio EAGLE, ID 4,5324.5k $116.4k $116.4k 0.01% New
61 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 3,9884.0k $102.4k $102.4k 0.00% New
62 Knights of Columbus Asset Advisors LLC 0.01% of their portfolio NEW HAVEN, CT 3,9694.0k $101.9k $101.9k 0.01% New
63 FWL INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio Dallas, TX 3,7863.8k $97.2k $97.2k 0.02% Added +2.9k +2,931
64 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,5252.5k $64.8k $64.8k 0.00% New
65 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,2451.2k $32.0k $32.0k 0.00% Unchanged
66 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,1161.1k $28.7k $28.7k 0.00% Added +1.0k +1,016
67 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 145145 $3.7k $3.7k 0.00% New
68 Silver Grove Financial Group, Inc. 0.00% of their portfolio ORCHARD PARK, NY 5555 $1.4k $1.4k 0.00% New
69 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 5454 $1.4k $1.4k 0.00% New
70 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 2828 $719 $719 0.00% Reduced -5 -5