Vault-13

VANECK ETF TRUST BIZD

BDC INCOME ETF · ETP · CUSIP 92189F411

178 institutional holders +16 vs Q4 2023
34,806,65934.8m shares reported held*
$586.7mreported value*
30 new 70 added 43 reduced 16 sold out net bought ≈ $202.4m (+12.0m 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 ($1.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $16.86. Options: 1 managers hold calls ($373.5k notional), 2 hold puts ($625.3k).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 127Q4 22: 133Q1 23: 132Q2 23: 146Q3 23: 153Q4 23: 162Q1 24: 178178Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022127
Q4 2022133
Q1 2023132
Q2 2023146
Q3 2023153
Q4 2023162
Q1 2024178

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 23Q1 24: 100 bought or addedQ1 24: 59 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20226654
Q1 20236848
Q2 20237843
Q3 20237848
Q4 20238367
Q1 202410059

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ2 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 1.22Q1 24 calls: $373.5kQ1 24 puts: $625.3kQ1 24P/C 1.67
Numbers
QuarterCallsPutsP/C
Q2 2023$23.0k$629.8k27.33
Q3 2023$338.2k$311.0k0.92
Q4 2023$341.7k$417.0k1.22
Q1 2024$373.5k$625.3k1.67

Biggest buyers

MORGAN STANLEY Added +8,642,725+8.6m
Empowered Funds, LLC New +920,940+920.9k
MILLENNIUM MANAGEMENT LLC New +855,664+855.7k
LPL Financial LLC Added +281,350+281.4k
Proficio Capital Partners LLC New +279,365+279.4k
WELLS FARGO & COMPANY/MN Added +203,446+203.4k
TOCQUEVILLE ASSET MANAGEMENT L.P. New +171,740+171.7k
AlphaQ Advisors LLC Added +133,413+133.4k
Steward Partners Investment Advisory, LLC Added +124,755+124.8k
Black Swift Group, LLC New +107,140+107.1k

Biggest sellers

OSAIC HOLDINGS, INC. Reduced -540,949-540.9k
Hudson Bay Capital Management LP Sold out -120,919-120.9k
TWO SIGMA INVESTMENTS, LP Reduced -106,500-106.5k
Cetera Advisor Networks LLC Sold out -79,356-79.4k
Hilltop Holdings Inc. Reduced -71,121-71.1k
CITADEL ADVISORS LLC Reduced -45,209-45.2k
BARINGS LLC Reduced -31,240-31.2k
Cetera Advisors LLC Sold out -27,438-27.4k
OLYMPUS WEALTH MANAGEMENT, LLC Sold out -27,309-27.3k
Private Advisor Group, LLC Reduced -21,464-21.5k

Biggest calls

CITADEL ADVISORS LLC Added $373.5k22.1k shares

Biggest puts

CITADEL ADVISORS LLC Added $625.3k37.0k shares
Cutler Group LLC / CA Added $01.1k 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 15,905,40315.9m $268.8m $268.8m 0.01% Added +8.6m +8,642,725
2 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 2,430,4322.4m $41.1m $41.1m 0.02% Added +281.4k +281,350
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,936,8221.9m $32.7m $32.7m 0.00% Added +47.9k +47,877
4 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,100,4321.1m $18.6m $18.6m 0.00% Added +203.4k +203,446
5 Empowered Funds, LLC 0.14% of their portfolio NEWTOWN SQUARE, PA 920,940920.9k $15.6m $15.6m 0.14% New
6 CONDOR CAPITAL MANAGEMENT 1.50% of their portfolio MARTINSVILLE, NJ 908,891908.9k $15.4m $15.4m 1.50% Added +52.0k +51,991
7 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 855,664855.7k $14.5m $14.5m 0.01% New
8 Hilltop Holdings Inc. 1.19% of their portfolio DALLAS, TX 634,948634.9k $10.7m $10.7m 1.19% Reduced -71.1k -71,121
9 UBS Group AG 0.00% of their portfolio ZURICH, V8 444,488444.5k $7.5m $7.5m 0.00% Added +37.9k +37,912
10 INDEPENDENT FINANCIAL GROUP, LLC 0.34% of their portfolio SAN DIEGO, CA 439,345439.3k $7.4m $7.4m 0.34% Added +80.1k +80,140
11 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 359,715359.7k $6.1m $6.1m 0.01% Added +39.0k +39,009
12 Steward Partners Investment Advisory, LLC 0.07% of their portfolio STAMFORD, CT 351,894351.9k $5.9m $5.9m 0.07% Added +124.8k +124,755
13 Gradient Investments LLC 0.12% of their portfolio ARDEN HILLS, MN 294,770294.8k $5.0m $5.0m 0.12% Added +32.0k +31,956
14 AlphaQ Advisors LLC 2.99% of their portfolio Winter Park, FL 294,068294.1k $5.0m $5.0m 2.99% Added +133.4k +133,413
15 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 281,873281.9k $4.8m $4.8m 0.01% Reduced -16.8k -16,751
16 Proficio Capital Partners LLC 0.50% of their portfolio NEWTON, MA 279,365279.4k $4.5m $4.5m 0.50% New
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 264,270264.3k $4.5m $4.5m 0.00% Added +25.4k +25,368
18 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 248,313248.3k $4.2m $4.2m 0.04% Reduced -4.5k -4,504
19 TOWNSQUARE CAPITAL LLC 0.06% of their portfolio Lehi, UT 242,705242.7k $4.1m $4.1m 0.06% Added +46.0k +46,024
20 Shilanski & Associates, Inc. 1.19% of their portfolio ANCHORAGE, AK 204,572204.6k $3.5m $3.5m 1.19% Reduced -306 -306
21 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 188,855188.9k $3.2m $3.2m 0.00% Added +7.1k +7,059
22 Stratos Wealth Partners, LTD. 0.05% of their portfolio BEACHWOOD, OH 176,200176.2k $3.0m $3.0m 0.05% Added +91.2k +91,161
23 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 174,763174.8k $3.0m $3.0m 0.01% Reduced -540.9k -540,949
24 TOCQUEVILLE ASSET MANAGEMENT L.P. 0.05% of their portfolio New York, NY 171,740171.7k $2.9m $2.9m 0.05% New
25 Analyst IMS Investment Management Services Ltd. 0.11% of their portfolio Tel-aviv, L3 149,485149.5k $2.5m $2.5m 0.11% Unchanged
26 BARINGS LLC 0.06% of their portfolio CHARLOTTE, NC 132,073132.1k $2.2m $2.2m 0.06% Reduced -31.2k -31,240
27 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 128,040128.0k $2.2m $2.2m 0.00% Added +66.6k +66,592
28 FINANCIAL MANAGEMENT NETWORK INC 0.50% of their portfolio MISSION VIEJO, CA 122,562122.6k $2.0m $2.0m 0.50% Added +5.3k +5,289
29 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 116,547116.5k $2.0m $2.0m 0.00% Reduced -2.6k -2,572
30 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 113,472113.5k $1.9m $1.9m 0.01% Added +2.8k +2,762
31 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 107,447107.4k $1.8m $1.8m 0.02% Reduced -2.2k -2,199
32 Orion Portfolio Solutions, LLC 0.02% of their portfolio Omaha, NE 107,447107.4k $1.8m $1.8m 0.02% Reduced -2.2k -2,199
33 Black Swift Group, LLC 0.46% of their portfolio BOULDER, CO 107,140107.1k $1.8m $1.8m 0.46% New
34 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 106,610106.6k $1.8m $1.8m 0.01% Reduced -21.5k -21,464
35 Alpha Omega Group, Inc. 2.45% of their portfolio RESTON, VA 103,579103.6k $1.8m $1.8m 2.45% Added +6.4k +6,414
36 Consolidated Portfolio Review Corp 0.46% of their portfolio WOODBURY, NY 103,034103.0k $1.7m $1.7m 0.46% Reduced -423 -423
37 PFG Investments, LLC 0.11% of their portfolio WOODBURY, NY 103,034103.0k $1.7m $1.7m 0.11% New
38 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 102,159102.2k $1.7m $1.7m 0.00% Added +53.2k +53,190
39 Investment Partners Asset Management, Inc. 1.55% of their portfolio METUCHEN, NJ 101,562101.6k $1.7m $1.7m 1.55% Reduced -2.0k -2,000
40 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 99,22799.2k $1.7m $1.7m 0.00% Added +4.2k +4,188
41 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 98,14098.1k $1.7m $1.7m 0.00% New
42 Future Financial Wealth Managment LLC 1.26% of their portfolio CINCINNATI, OH 96,97797.0k $1.6m $1.6m 1.26% Added +9.1k +9,143
43 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 91,70291.7k $1.5m $1.5m 0.00% Added +16.9k +16,911
44 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.15% of their portfolio ORLANDO, FL 90,57990.6k $1.5m $1.5m 0.15% Added +9.2k +9,150
45 MONEY CONCEPTS CAPITAL CORP 0.14% of their portfolio PALM BEACH GARDENS, FL 90,31390.3k $1.5m $1.5m 0.14% Reduced -3.3k -3,304
46 WEDBUSH SECURITIES INC 0.06% of their portfolio PASADENA, CA 89,90989.9k $1.5m $1.5m 0.06% Added +1.8k +1,750
47 Atria Wealth Solutions, Inc. 0.02% of their portfolio NEW YORK, NY 88,96289.0k $1.5m $1.5m 0.02% Added +720 +720
48 Anfield Capital Management, LLC 0.69% of their portfolio IRVINE, CA 84,16284.2k $1.4m $1.4m 0.69% Added +5.8k +5,772
49 SlateStone Wealth, LLC 0.14% of their portfolio JUPITER, FL 83,70083.7k $1.4m $1.4m 0.14% Reduced -6.2k -6,200
50 Samalin Investment Counsel, LLC 0.66% of their portfolio CHAPPAQUA, NY 82,14482.1k $1.4m $1.4m 0.66% Added +3.4k +3,362
51 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.09% of their portfolio BIRMINGHAM, AL 80,61980.6k $1.4m $1.4m 0.09% Added +300 +300
52 SMITH, MOORE & CO. 0.14% of their portfolio CLAYTON, MO 79,42879.4k $1.3m $1.3m 0.14% Added +12.2k +12,158
53 GFS Advisors, LLC 0.22% of their portfolio HOUSTON, TX 77,80077.8k $1.3m $1.3m 0.22% Added +30.6k +30,600
54 GUIDANCE CAPITAL, INC 0.45% of their portfolio LOUSVILLE, KY 75,04475.0k $1.2m $1.2m 0.45% New
55 KINGSWOOD WEALTH ADVISORS, LLC 0.14% of their portfolio SAN DIEGO, CA 73,32973.3k $1.2m $1.2m 0.14% Added +5.9k +5,939
56 B. Riley Wealth Advisors, Inc. 0.03% of their portfolio MEMPHIS, TN 71,58571.6k $1.1m $1.1m 0.03% Added +12.8k +12,841
57 Global Assets Advisory, LLC 0.16% of their portfolio ORLANDO, FL 67,07367.1k $4.1k $4.1k 0.16% New
58 BRIDGES INVESTMENT MANAGEMENT INC 0.03% of their portfolio OMAHA, NE 66,31066.3k $1.1m $1.1m 0.03% Added +9.0k +8,960
59 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 66,06166.1k $1.1m $1.1m 0.00% Reduced -900 -900
60 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 62,77762.8k $1.1m $1.1m 0.01% Added +1.7k +1,734
61 Mariner, LLC 0.00% of their portfolio Overland Park, KS 62,20362.2k $1.1m $1.1m 0.00% Reduced -10.3k -10,294
62 Perennial Investment Advisors, LLC 0.16% of their portfolio Los Angeles, CA 61,76561.8k $1.0m $1.0m 0.16% Added +2.9k +2,935
63 Beck Bode, LLC 0.21% of their portfolio DEDHAM, MA 60,85460.9k $1.0m $1.0m 0.21% Reduced -9.7k -9,731
64 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 60,27560.3k $1.0m $1.0m 0.01% New
65 Gibbs Wealth Management 0.58% of their portfolio Alpharetta, GA 59,59659.6k $1.0m $1.0m 0.58% First filing
66 AXS Investments LLC 0.24% of their portfolio PORT CHESTER, NY 59,00059.0k $997.1k $997.1k 0.24% Reduced -1.0k -1,000
67 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 58,93358.9k $996.0k $996.0k 0.01% Added +6.0k +5,999
68 Johnson Financial Group, Inc. 0.05% of their portfolio RACINE, WI 57,50057.5k $971.8k $971.8k 0.05% Unchanged
69 GSA CAPITAL PARTNERS LLP 0.07% of their portfolio LONDON, X0 53,14053.1k $898.0k $898.0k 0.07% Added +11.7k +11,651
70 Symphony Financial, Ltd. Co. 0.20% of their portfolio HOUSTON, TX 51,54451.5k $871.1k $871.1k 0.20% Reduced -789 -789
71 Waverly Advisors, LLC 0.02% of their portfolio BIRMINGHAM, AL 46,09246.1k $779.0k $779.0k 0.02% New
72 Ranch Capital Advisors Inc. 0.42% of their portfolio SARASOTA, FL 45,65745.7k $771.6k $771.6k 0.42% Added +493 +493
73 Delta Investment Management, LLC 0.16% of their portfolio SAN FRANCISCO, CA 41,91841.9k $708.4k $708.4k 0.16% New
74 HARTLINE INVESTMENT CORP/ 0.12% of their portfolio WINNETKA, IL 41,76941.8k $705.9k $705.9k 0.12% New
75 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.12% of their portfolio CONCORD, MA 41,76941.8k $705.9k $705.9k 0.12% Added +11.8k +11,789
76 WEALTH ALLIANCE, LLC 0.09% of their portfolio MELLVILLE, NY 41,54841.5k $702.2k $702.2k 0.09% Reduced -792 -792
77 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 40,26440.3k $680.5k $680.5k 0.00% Added +3.0k +3,010
78 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 38,66038.7k $653.4k $653.4k 0.01% Reduced -16.8k -16,800
79 Spire Wealth Management 0.01% of their portfolio MCLEAN, VA 38,05438.1k $643.1k $643.1k 0.01% Unchanged
80 First PREMIER Bank 0.17% of their portfolio SIOUX FALLS, SD 37,74437.7k $638.0k $638.0k 0.17% Reduced -844 -844
81 All Season Financial Advisors, Inc. 0.52% of their portfolio DENVER, CO 36,87736.9k $623.2k $623.2k 0.52% Reduced -1.4k -1,361
82 Sage Mountain Advisors LLC 0.06% of their portfolio ATLANTA, GA 36,65036.6k $619.4k $619.4k 0.06% Unchanged
83 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 36,13936.1k $611.0k $611.0k 0.00% Added +13.4k +13,383
84 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 35,53135.5k $600.0k $600.0k 0.00% Added +1.1k +1,100
85 COMERICA BANK 0.00% of their portfolio DALLAS, TX 35,12035.1k $593.5k $593.5k 0.00% Added +17.1k +17,136
86 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 34,50734.5k $583.0k $583.0k 0.01% Added +13.2k +13,217
87 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 34,46934.5k $582.5k $582.5k 0.01% New
88 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 33,31633.3k $563.0k $563.0k 0.01% Added +3.2k +3,245
89 Wambolt & Associates, LLC 0.15% of their portfolio LITTLETON, CO 31,42931.4k $511.0k $511.0k 0.15% Reduced -239 -239
90 TRANSCEND CAPITAL ADVISORS, LLC 0.04% of their portfolio MADISON, NJ 31,40031.4k $530.7k $530.7k 0.04% Reduced -800 -800
91 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 31,05231.1k $525.0k $525.0k 0.00% Added +7.0k +7,044
92 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 30,89430.9k $522.1k $522.1k 0.00% Reduced -6.2k -6,200
93 Arete Wealth Advisors, LLC 0.05% of their portfolio CHICAGO, IL 28,89028.9k $488.2k $488.2k 0.05% Reduced -7.4k -7,369
94 STEPHENS INC /AR/ 0.01% of their portfolio LITTLE ROCK, AR 28,56528.6k $482.7k $482.7k 0.01% Unchanged
95 Texas Yale Capital Corp. 0.02% of their portfolio ST. PETERSBURG, FL 27,85027.9k $470.7k $470.7k 0.02% Unchanged
96 Andina Capital Management, LLC 0.35% of their portfolio LOGAN, UT 26,32326.3k $444.9k $444.9k 0.35% Added +10.9k +10,946
97 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 25,56925.6k $432.1k $432.1k 0.02% Unchanged
98 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 25,54925.5k $415.4k $415.4k 0.00% New
99 JAMES INVESTMENT RESEARCH, INC. 0.05% of their portfolio ALPHA, OH 25,21725.2k $426.2k $426.2k 0.05% Unchanged
100 Apeiron RIA LLC 0.12% of their portfolio Dallas, TX 24,97625.0k $422.1k $422.1k 0.12% Reduced -2.5k -2,522