Vault-13

VANECK ETF TRUST BIZD

BDC INCOME ETF · ETP · CUSIP 92189F411

162 institutional holders +9 vs Q3 2023
22,782,88522.8m shares reported held*
$365.8mreported value*
26 new 57 added 43 reduced 24 sold out net bought ≈ $83.4m (+5.2m 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 ($789.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $16.08. Options: 1 managers hold calls ($341.7k notional), 2 hold puts ($417.0k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 127Q4 22: 133Q1 23: 132Q2 23: 146Q3 23: 153Q4 23: 162162Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022127
Q4 2022133
Q1 2023132
Q2 2023146
Q3 2023153
Q4 2023162

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 66 bought or addedQ4 22: 54 cut or sold outQ4 22Q1 23: 68 bought or addedQ1 23: 48 cut or sold outQ1 23Q2 23: 78 bought or addedQ2 23: 43 cut or sold outQ2 23Q3 23: 78 bought or addedQ3 23: 48 cut or sold outQ3 23Q4 23: 83 bought or addedQ4 23: 67 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20226654
Q1 20236848
Q2 20237843
Q3 20237848
Q4 20238367

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$500k$1m$1.5mQ1 23 calls: $1.2mQ1 23 puts: $215.0kQ1 23P/C 0.18Q2 23 calls: $23.0kQ2 23 puts: $629.8kQ2 23P/C 27.33Q3 23 calls: $338.2kQ3 23 puts: $311.0kQ3 23P/C 0.92Q4 23 calls: $341.7kQ4 23 puts: $417.0kQ4 23P/C 1.22
Numbers
QuarterCallsPutsP/C
Q1 2023$1.2m$215.0k0.18
Q2 2023$23.0k$629.8k27.33
Q3 2023$338.2k$311.0k0.92
Q4 2023$341.7k$417.0k1.22

Biggest buyers

MORGAN STANLEY Added +4,103,669+4.1m
NewEdge Advisors, LLC Added +236,265+236.3k
Steward Partners Investment Advisory, LLC New +227,139+227.1k
Hilltop Holdings Inc. Added +193,888+193.9k
Hudson Bay Capital Management LP New +120,919+120.9k
INDEPENDENT FINANCIAL GROUP, LLC Added +114,724+114.7k
Janney Montgomery Scott LLC New +110,710+110.7k
Orion Porfolio Solutions, LLC New +109,646+109.6k
Orion Portfolio Solutions, LLC New +109,646+109.6k
WELLS FARGO & COMPANY/MN Added +103,466+103.5k

Biggest sellers

Gradient Investments LLC Reduced -266,238-266.2k
Cresset Asset Management, LLC Sold out -155,123-155.1k
MILLENNIUM MANAGEMENT LLC Sold out -134,393-134.4k
Lloyd Advisory Services, LLC. Sold out -128,331-128.3k
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC Reduced -121,044-121.0k
NORDEN GROUP LLC Reduced -113,638-113.6k
OSAIC HOLDINGS, INC. Reduced -78,553-78.6k
Anfield Capital Management, LLC Reduced -61,087-61.1k
Cetera Advisor Networks LLC Reduced -37,651-37.7k
Beaumont Financial Advisors, LLC Sold out -27,372-27.4k

Biggest calls

CITADEL ADVISORS LLC Added $341.7k21.3k shares

Biggest puts

CITADEL ADVISORS LLC Added $417.0k26.0k shares
Cutler Group LLC / CA New $0300 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 7,262,6787.3m $116.5m $116.5m 0.01% Added +4.1m +4,103,669
2 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 2,149,0822.1m $34.5m $34.5m 0.02% Reduced -22.5k -22,519
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,888,9451.9m $30.3m $30.3m 0.00% Reduced -11.3k -11,341
4 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 896,986897.0k $14.4m $14.4m 0.00% Added +103.5k +103,466
5 CONDOR CAPITAL MANAGEMENT 1.47% of their portfolio MARTINSVILLE, NJ 856,900856.9k $13.7m $13.7m 1.47% Added +58.4k +58,364
6 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 715,712715.7k $11.5m $11.5m 0.02% Reduced -78.6k -78,553
7 Hilltop Holdings Inc. 1.28% of their portfolio DALLAS, TX 706,069706.1k $11.3m $11.3m 1.28% Added +193.9k +193,888
8 UBS Group AG 0.00% of their portfolio ZURICH, V8 406,576406.6k $6.5m $6.5m 0.00% Added +9.5k +9,485
9 INDEPENDENT FINANCIAL GROUP, LLC 0.31% of their portfolio SAN DIEGO, CA 359,205359.2k $5.8m $5.8m 0.31% Added +114.7k +114,724
10 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 320,706320.7k $5.1m $5.1m 0.01% Added +52.3k +52,342
11 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 298,624298.6k $4.8m $4.8m 0.01% Added +7.8k +7,796
12 Gradient Investments LLC 0.10% of their portfolio ARDEN HILLS, MN 262,814262.8k $4.2m $4.2m 0.10% Reduced -266.2k -266,238
13 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 252,817252.8k $4.2m $4.2m 0.04% Added +236.3k +236,265
14 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 238,902238.9k $3.8m $3.8m 0.00% Added +33.8k +33,761
15 Steward Partners Investment Advisory, LLC 0.05% of their portfolio STAMFORD, CT 227,139227.1k $3.6m $3.6m 0.05% New
16 Shilanski & Associates, Inc. 1.25% of their portfolio ANCHORAGE, AK 204,878204.9k $3.3m $3.3m 1.25% Added +1.5k +1,511
17 TOWNSQUARE CAPITAL LLC 0.05% of their portfolio Lehi, UT 196,681196.7k $3.2m $3.2m 0.05% Added +24.0k +24,020
18 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 181,796181.8k $2.9m $2.9m 0.00% Added +2.0k +2,040
19 BARINGS LLC 0.08% of their portfolio CHARLOTTE, NC 163,313163.3k $2.6m $2.6m 0.08% Unchanged
20 AlphaQ Advisors LLC 1.79% of their portfolio Winter Park, FL 160,655160.7k $2.6m $2.6m 1.79% Added +98.3k +98,256
21 Analyst IMS Investment Management Services Ltd. 0.12% of their portfolio Tel-aviv, L3 149,485149.5k $2.4m $2.4m 0.12% Unchanged
22 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 128,074128.1k $2.1m $2.1m 0.02% Reduced -13.8k -13,757
23 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 121,800121.8k $2.0m $2.0m 0.00% Added +33.9k +33,900
24 Hudson Bay Capital Management LP 0.02% of their portfolio STAMFORD, CT 120,919120.9k $1.9m $1.9m 0.02% New
25 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 119,119119.1k $1.9m $1.9m 0.00% Reduced -8.2k -8,223
26 FINANCIAL MANAGEMENT NETWORK INC 0.56% of their portfolio MISSION VIEJO, CA 117,273117.3k $1.9m $1.9m 0.56% Added +12.4k +12,364
27 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 110,710110.7k $1.8m $1.8m 0.01% New
28 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 109,646109.6k $1.8m $1.8m 0.02% New
29 Orion Portfolio Solutions, LLC 0.02% of their portfolio Omaha, NE 109,646109.6k $1.8m $1.8m 0.02% New
30 Investment Partners Asset Management, Inc. 1.65% of their portfolio METUCHEN, NJ 103,562103.6k $1.7m $1.7m 1.65% First filing
31 Consolidated Portfolio Review Corp 0.38% of their portfolio WOODBURY, NY 103,457103.5k $1.7m $1.7m 0.38% Reduced -3.1k -3,070
32 Alpha Omega Group, Inc. 2.73% of their portfolio RESTON, VA 97,16597.2k $1.6m $1.6m 2.73% Added +8.6k +8,629
33 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 95,03995.0k $1.5m $1.5m 0.00% Added +65.6k +65,613
34 MONEY CONCEPTS CAPITAL CORP 0.14% of their portfolio PALM BEACH GARDENS, FL 93,61793.6k $1.5m $1.5m 0.14% New
35 SlateStone Wealth, LLC 0.19% of their portfolio JUPITER, FL 89,90089.9k $1.4m $1.4m 0.19% Unchanged
36 Atria Wealth Solutions, Inc. 0.02% of their portfolio NEW YORK, NY 88,24288.2k $1.4m $1.4m 0.02% Added +69.5k +69,498
37 WEDBUSH SECURITIES INC 0.06% of their portfolio PASADENA, CA 88,15988.2k $1.4m $1.4m 0.06% Added +1.3k +1,258
38 Future Financial Wealth Managment LLC 1.40% of their portfolio CINCINNATI, OH 87,83487.8k $1.4m $1.4m 1.40% Added +6.2k +6,150
39 Stratos Wealth Partners, LTD. 0.03% of their portfolio BEACHWOOD, OH 85,03985.0k $1.4m $1.4m 0.03% New
40 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.17% of their portfolio ORLANDO, FL 81,42981.4k $1.3m $1.3m 0.17% Reduced -121.0k -121,044
41 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.09% of their portfolio BIRMINGHAM, AL 80,31980.3k $1.3m $1.3m 0.09% Added +4.0k +3,995
42 Cetera Advisor Networks LLC 0.01% of their portfolio EL SEGUNDO, CA 79,35679.4k $1.3m $1.3m 0.01% Reduced -37.7k -37,651
43 Samalin Investment Counsel, LLC 0.64% of their portfolio CHAPPAQUA, NY 78,78278.8k $1.3m $1.3m 0.64% Added +11.4k +11,441
44 Anfield Capital Management, LLC 0.68% of their portfolio IRVINE, CA 78,39078.4k $1.3m $1.3m 0.68% Reduced -61.1k -61,087
45 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 74,79174.8k $1.2m $1.2m 0.00% Reduced -9.3k -9,251
46 Mariner, LLC 0.00% of their portfolio Overland Park, KS 72,49772.5k $1.2m $1.2m 0.00% Added +38 +38
47 Beck Bode, LLC 0.25% of their portfolio DEDHAM, MA 70,58570.6k $1.1m $1.1m 0.25% Reduced -5.9k -5,895
48 KINGSWOOD WEALTH ADVISORS, LLC 0.12% of their portfolio SAN DIEGO, CA 67,39067.4k $1.1m $1.1m 0.12% New
49 SMITH, MOORE & CO. 0.13% of their portfolio CLAYTON, MO 67,27067.3k $1.1m $1.1m 0.13% Added +6.9k +6,920
50 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 66,96167.0k $1.1m $1.1m 0.00% Added +11.3k +11,311
51 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 61,44861.4k $985.6k $985.6k 0.00% Unchanged
52 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 61,04361.0k $979.1k $979.1k 0.01% Reduced -1.6k -1,638
53 AXS Investments LLC 0.23% of their portfolio PORT CHESTER, NY 60,00060.0k $962.4k $962.4k 0.23% Reduced -20.0k -20,000
54 Perennial Investment Advisors, LLC 0.16% of their portfolio Los Angeles, CA 58,83058.8k $943.6k $943.6k 0.16% Added +7.3k +7,291
55 B. Riley Wealth Advisors, Inc. 0.03% of their portfolio MEMPHIS, TN 58,74458.7k $942.2k $942.2k 0.03% Reduced -12.8k -12,841
56 Johnson Financial Group, Inc. 0.05% of their portfolio RACINE, WI 57,50057.5k $922.3k $922.3k 0.05% Unchanged
57 BRIDGES INVESTMENT MANAGEMENT INC 0.03% of their portfolio OMAHA, NE 57,35057.4k $919.9k $919.9k 0.03% Added +12.7k +12,686
58 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 55,46055.5k $889.6k $889.6k 0.01% Added +27.9k +27,858
59 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 52,93452.9k $849.1k $849.1k 0.01% Added +5.3k +5,288
60 Symphony Financial, Ltd. Co. 0.18% of their portfolio HOUSTON, TX 52,33352.3k $849.4k $849.4k 0.18% Reduced -863 -863
61 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 48,96949.0k $785.5k $785.5k 0.00% Added +24.5k +24,540
62 GFS Advisors, LLC 0.11% of their portfolio HOUSTON, TX 47,20047.2k $757.0k $757.0k 0.11% Unchanged
63 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 45,21845.2k $725.3k $725.3k 0.00% Added +32.3k +32,258
64 Ranch Capital Advisors Inc. 0.45% of their portfolio SARASOTA, FL 45,16445.2k $724.4k $724.4k 0.45% Reduced -13 -13
65 Rainsberger Wealth Advisors, Inc. 0.37% of their portfolio Colorado Springs, CO 42,76742.8k $686.0k $686.0k 0.37% Added +1.4k +1,381
66 WEALTH ALLIANCE, LLC 0.10% of their portfolio MELLVILLE, NY 42,34042.3k $679.1k $679.1k 0.10% Reduced -750 -750
67 GSA CAPITAL PARTNERS LLP 0.06% of their portfolio LONDON, X0 41,48941.5k $665.0k $665.0k 0.06% Added +9.0k +9,000
68 First PREMIER Bank 0.17% of their portfolio SIOUX FALLS, SD 38,58838.6k $619.0k $619.0k 0.17% Added +1.6k +1,610
69 All Season Financial Advisors, Inc. 0.52% of their portfolio DENVER, CO 38,23838.2k $613.3k $613.3k 0.52% Reduced -190 -190
70 Spire Wealth Management 0.02% of their portfolio MCLEAN, VA 38,05438.1k $622.2k $622.2k 0.02% Added +87 +87
71 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 37,25437.3k $597.6k $597.6k 0.00% New
72 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 37,09437.1k $595.0k $595.0k 0.00% Reduced -3.3k -3,300
73 Sage Mountain Advisors LLC 0.07% of their portfolio ATLANTA, GA 36,65036.6k $587.9k $587.9k 0.07% Reduced -1.3k -1,300
74 Arete Wealth Advisors, LLC 0.04% of their portfolio CHICAGO, IL 36,25936.3k $581.6k $581.6k 0.04% New
75 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 34,43134.4k $552.0k $552.0k 0.00% Added +857 +857
76 TRANSCEND CAPITAL ADVISORS, LLC 0.05% of their portfolio MADISON, NJ 32,20032.2k $516.5k $516.5k 0.05% Reduced -4.7k -4,700
77 Wambolt & Associates, LLC 0.17% of their portfolio LITTLETON, CO 31,66831.7k $508.0k $508.0k 0.17% Added +3.1k +3,114
78 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 30,07130.1k $482.3k $482.3k 0.01% Added +6.0k +5,974
79 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.09% of their portfolio CONCORD, MA 29,98030.0k $480.9k $480.9k 0.09% Added +7.7k +7,691
80 STEPHENS INC /AR/ 0.01% of their portfolio LITTLE ROCK, AR 28,56528.6k $458.2k $458.2k 0.01% Reduced -2.2k -2,250
81 Texas Yale Capital Corp. 0.02% of their portfolio ST. PETERSBURG, FL 27,85027.9k $446.7k $446.7k 0.02% Unchanged
82 Apeiron RIA LLC 0.14% of their portfolio Dallas, TX 27,49827.5k $441.1k $441.1k 0.14% Reduced -793 -793
83 Cetera Advisors LLC 0.01% of their portfolio DENVER, CO 27,43827.4k $440.1k $440.1k 0.01% Reduced -1.3k -1,349
84 OLYMPUS WEALTH MANAGEMENT, LLC 0.22% of their portfolio COTTONWOOD HEIGHTS, UT 27,30927.3k $438.0k $438.0k 0.22% New
85 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 25,56925.6k $410.1k $410.1k 0.02% Added +2.8k +2,815
86 JAMES INVESTMENT RESEARCH, INC. 0.05% of their portfolio ALPHA, OH 25,21725.2k $404.5k $404.5k 0.05% New
87 Endowment Wealth Management, Inc. 0.34% of their portfolio APPLETON, WI 25,17825.2k $403.9k $403.9k 0.34% Reduced -4.3k -4,334
88 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 24,00824.0k $385.0k $385.0k 0.00% Reduced -16.1k -16,050
89 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 22,75622.8k $365.0k $365.0k 0.00% Reduced -7.3k -7,314
90 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 22,25022.2k $356.9k $356.9k 0.00% Reduced -4.8k -4,750
91 PARK AVENUE SECURITIES LLC 0.00% of their portfolio NEW YORK, NY 21,29021.3k $341.0k $341.0k 0.00% New
92 NTV Asset Management LLC 0.06% of their portfolio Charleston, WV 21,20021.2k $340.0k $340.0k 0.06% Reduced -1.0k -1,000
93 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 20,60020.6k $330.4k $330.4k 0.00% Added +7.5k +7,450
94 Cynosure Group, LLC 0.06% of their portfolio Salt Lake City, UT 20,33120.3k $326.1k $326.1k 0.06% New
95 Graypoint LLC 0.03% of their portfolio Albany, NY 20,29220.3k $325.5k $325.5k 0.03% Added +10.3k +10,292
96 Family Investment Center, Inc. 0.16% of their portfolio Saint Joseph, MO 19,71219.7k $316.2k $316.2k 0.16% New
97 Simplicity Solutions, LLC 0.01% of their portfolio MINNEAPOLIS, MN 19,05619.1k $305.7k $305.7k 0.01% New
98 Bleakley Financial Group, LLC 0.01% of their portfolio PARSIPPANY, NJ 19,05619.1k $305.7k $305.7k 0.01% New
99 Global Retirement Partners, LLC 0.01% of their portfolio San Rafael, CA 18,24818.2k $296.2k $296.2k 0.01% Added +15.4k +15,412
100 COMERICA BANK 0.00% of their portfolio DALLAS, TX 17,98418.0k $288.5k $288.5k 0.00% Reduced -164 -164