Vault-13

VANECK ETF TRUST BIZD

BDC INCOME ETF · ETP · CUSIP 92189F411

224 institutional holders +36 vs Q3 2024
29,631,14029.6m shares reported held*
$493.9mreported value*
37 new 92 added 41 reduced 16 sold out net bought ≈ $44.2m (+2.7m 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 ($1.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $16.67. Options: 1 managers hold calls ($325.9k notional), 1 hold puts ($490.6k).

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 127Q4 22: 133Q1 23: 132Q2 23: 146Q3 23: 153Q4 23: 162Q1 24: 178Q2 24: 196Q3 24: 188Q4 24: 224224Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022127
Q4 2022133
Q1 2023132
Q2 2023146
Q3 2023153
Q4 2023162
Q1 2024178
Q2 2024196
Q3 2024188
Q4 2024224

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 23: 68 bought or addedQ1 23: 48 cut or sold outQ2 23: 78 bought or addedQ2 23: 43 cut or sold outQ2 23Q3 23: 78 bought or addedQ3 23: 48 cut or sold outQ4 23: 83 bought or addedQ4 23: 67 cut or sold outQ4 23Q1 24: 100 bought or addedQ1 24: 59 cut or sold outQ2 24: 120 bought or addedQ2 24: 56 cut or sold outQ2 24Q3 24: 105 bought or addedQ3 24: 76 cut or sold outQ4 24: 129 bought or addedQ4 24: 57 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 20236848
Q2 20237843
Q3 20237848
Q4 20238367
Q1 202410059
Q2 202412056
Q3 202410576
Q4 202412957

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ1 24 calls: $373.5kQ1 24 puts: $625.3kQ1 24P/C 1.67Q2 24 calls: $18.8kQ2 24 puts: $900.0kQ2 24P/C 47.82Q3 24 calls: $94.4kQ3 24 puts: $947.2kQ3 24P/C 10.04Q4 24 calls: $325.9kQ4 24 puts: $490.6kQ4 24P/C 1.51
Numbers
QuarterCallsPutsP/C
Q1 2024$373.5k$625.3k1.67
Q2 2024$18.8k$900.0k47.82
Q3 2024$94.4k$947.2k10.04
Q4 2024$325.9k$490.6k1.51

Biggest buyers

WELLS FARGO & COMPANY/MN Added +627,364+627.4k
NAN FUNG TRINITY (HK) LTD New +339,000+339.0k
Hilltop Holdings Inc. Added +315,626+315.6k
MILLENNIUM MANAGEMENT LLC New +206,533+206.5k
DENALI ADVISORS LLC New +157,066+157.1k
KINGSWOOD WEALTH ADVISORS, LLC New +152,206+152.2k
CENTAURUS FINANCIAL, INC. New +149,873+149.9k
CreativeOne Wealth, LLC New +136,837+136.8k
STIFEL FINANCIAL CORP Added +110,940+110.9k
Graypoint LLC Added +108,207+108.2k

Biggest sellers

MORGAN STANLEY Reduced -470,963-471.0k
Gradient Investments LLC Sold out -379,194-379.2k
IFP Advisors, Inc Reduced -370,659-370.7k
Sanctuary Advisors, LLC Reduced -137,868-137.9k
MARSHALL WACE, LLP Sold out -118,626-118.6k
SMITH, MOORE & CO. Sold out -53,053-53.1k
Lido Advisors, LLC Reduced -43,406-43.4k
Advisory Services Network, LLC Sold out -29,576-29.6k
TRANSCEND CAPITAL ADVISORS, LLC Sold out -27,693-27.7k
PRUDENTIAL FINANCIAL INC Sold out -24,850-24.9k

Biggest calls

CITADEL ADVISORS LLC Added $325.9k19.6k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $490.6k29.5k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,054,6724.1m $67.4m $67.4m 0.00% Reduced -471.0k -470,963
2 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,523,5082.5m $42.0m $42.0m 0.00% Added +8.3k +8,305
3 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 2,473,2042.5m $41.1m $41.1m 0.02% Added +76.2k +76,195
4 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,974,9562.0m $32.8m $32.8m 0.01% Added +627.4k +627,364
5 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,443,5141.4m $24.0m $24.0m 0.01% Added +97.0k +96,953
6 CONDOR CAPITAL MANAGEMENT 1.47% of their portfolio MARTINSVILLE, NJ 1,006,3251.0m $16.7m $16.7m 1.47% Added +15.5k +15,501
7 Mission Hills Financial Advisory, LLC 10.39% of their portfolio SAN DIEGO, CA 805,097805.1k $13.4m $13.4m 10.39% Added +71.9k +71,942
8 INDEPENDENT FINANCIAL GROUP, LLC 0.30% of their portfolio SAN DIEGO, CA 538,042538.0k $8.9m $8.9m 0.30% Added +32.2k +32,205
9 Haven Private, LLC 4.95% of their portfolio ORLANDO, FL 532,719532.7k $8.9m $8.9m 4.95% First filing
10 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 448,241448.2k $7.5m $7.5m 0.04% Added +78.6k +78,622
11 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 434,023434.0k $7.2m $7.2m 0.02% Added +14.1k +14,114
12 Steward Partners Investment Advisory, LLC 0.06% of their portfolio STAMFORD, CT 418,249418.2k $7.0m $7.0m 0.06% Added +17.2k +17,159
13 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 413,870413.9k $6.9m $6.9m 0.01% Added +110.9k +110,940
14 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 391,481391.5k $6.5m $6.5m 0.00% Added +68.8k +68,819
15 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 359,678359.7k $6.0m $6.0m 0.00% Added +58.8k +58,755
16 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 350,300350.3k $5.8m $5.8m 0.01% Added +51.1k +51,100
17 Hilltop Holdings Inc. 0.36% of their portfolio DALLAS, TX 341,258341.3k $5.7m $5.7m 0.36% Added +315.6k +315,626
18 Foundations Investment Advisors, LLC 0.11% of their portfolio PHOENIX, AZ 340,545340.5k $5.7m $5.7m 0.11% Added +71.4k +71,401
19 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 340,472340.5k $5.7m $5.7m 0.01% Added +16.8k +16,823
20 NAN FUNG TRINITY (HK) LTD 1.15% of their portfolio CENTRAL, HONG KONG, K3 339,000339.0k $5.6m $5.6m 1.15% New
21 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 332,662332.7k $5.5m $5.5m 0.00% First filing
22 Stratos Wealth Partners, LTD. 0.07% of their portfolio BEACHWOOD, OH 304,934304.9k $5.1m $5.1m 0.07% Added +15.9k +15,949
23 Black Swift Group, LLC 1.00% of their portfolio BOULDER, CO 284,930284.9k $4.7m $4.7m 1.00% Reduced -16.0k -15,965
24 Mariner, LLC 0.01% of their portfolio Overland Park, KS 281,756281.8k $4.7m $4.7m 0.01% Added +25.7k +25,674
25 TOWNSQUARE CAPITAL LLC 0.05% of their portfolio Lehi, UT 263,321263.3k $4.4m $4.4m 0.05% Added +24.7k +24,673
26 Clark Capital Management Group, Inc. 0.03% of their portfolio PHILADELPHIA, PA 262,213262.2k $4.4m $4.4m 0.03% Added +5.8k +5,808
27 BARINGS LLC 0.09% of their portfolio CHARLOTTE, NC 236,283236.3k $3.9m $3.9m 0.09% Added +37.2k +37,219
28 Alpha Omega Group, Inc. 4.31% of their portfolio RESTON, VA 219,974220.0k $3.7m $3.7m 4.31% Added +49.3k +49,270
29 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 207,488207.5k $3.5m $3.5m 0.01% Added +97.5k +97,477
30 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 206,533206.5k $3.4m $3.4m 0.00% New
31 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 205,564205.6k $3.4m $3.4m 0.03% Added +21.3k +21,336
32 Shilanski & Associates, Inc. 1.06% of their portfolio ANCHORAGE, AK 197,861197.9k $3.3m $3.3m 1.06% Reduced -2.3k -2,255
33 Arkadios Wealth Advisors 0.16% of their portfolio ATLANTA, GA 179,190179.2k $3.0m $3.0m 0.16% Reduced -2.2k -2,183
34 TOCQUEVILLE ASSET MANAGEMENT L.P. 0.05% of their portfolio New York, NY 179,163179.2k $3.0m $3.0m 0.05% Reduced -4.5k -4,476
35 FINANCIAL MANAGEMENT NETWORK INC 0.56% of their portfolio MISSION VIEJO, CA 160,822160.8k $2.7m $2.7m 0.56% Added +1.4k +1,413
36 DENALI ADVISORS LLC 0.27% of their portfolio SAN DIEGO, CA 157,066157.1k $2.6m $2.6m 0.27% New
37 KINGSWOOD WEALTH ADVISORS, LLC 0.19% of their portfolio SAN DIEGO, CA 152,206152.2k $2.5m $2.5m 0.19% New
38 CENTAURUS FINANCIAL, INC. 0.15% of their portfolio ANAHEIM, CA 149,873149.9k $2.5m $2.5m 0.15% New
39 Measured Risk Portfolios, Inc. 2.67% of their portfolio SAN DIEGO, CA 144,513144.5k $2.4m $2.4m 2.67% First filing
40 Samalin Investment Counsel, LLC 1.01% of their portfolio CHAPPAQUA, NY 141,323141.3k $2.4m $2.4m 1.01% Added +15.3k +15,322
41 CreativeOne Wealth, LLC 0.07% of their portfolio OVERLAND PARK, KS 136,837136.8k $2.3m $2.3m 0.07% New
42 Graypoint LLC 0.13% of their portfolio Albany, NY 129,634129.6k $2.2m $2.2m 0.13% Added +108.2k +108,207
43 PARK AVENUE SECURITIES LLC 0.02% of their portfolio NEW YORK, NY 125,349125.3k $2.1m $2.1m 0.02% Added +55.9k +55,923
44 Delta Investment Management, LLC 0.40% of their portfolio SAN FRANCISCO, CA 123,674123.7k $2.1m $2.1m 0.40% Added +32.4k +32,400
45 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 123,606123.6k $2.1m $2.1m 0.00% Added +38.3k +38,271
46 Cynosure Group, LLC 0.30% of their portfolio Salt Lake City, UT 118,800118.8k $2.0m $2.0m 0.30% Added +5.8k +5,834
47 WEDBUSH SECURITIES INC 0.07% of their portfolio PASADENA, CA 114,572114.6k $1.9m $1.9m 0.07% Added +4.9k +4,915
48 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 109,902109.9k $1.8m $1.8m 0.00% Added +1.9k +1,903
49 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 109,772109.8k $1.8m $1.8m 0.00% Added +14.8k +14,825
50 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 108,921108.9k $1.8m $1.8m 0.01% Added +12.4k +12,394
51 Investment Partners Asset Management, Inc. 1.36% of their portfolio METUCHEN, NJ 104,039104.0k $1.7m $1.7m 1.36% Added +2.8k +2,817
52 MGO ONE SEVEN LLC 0.07% of their portfolio Beachwood, OH 102,507102.5k $1.7m $1.7m 0.07% Added +78.7k +78,705
53 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 102,135102.1k $1.7m $1.7m 0.00% Added +81.6k +81,565
54 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 98,39198.4k $1.6m $1.6m 0.02% Reduced -12.0k -12,012
55 Orion Portfolio Solutions, LLC 0.02% of their portfolio Omaha, NE 98,39198.4k $1.6m $1.6m 0.02% Reduced -12.0k -12,012
56 Future Financial Wealth Managment LLC 1.15% of their portfolio CINCINNATI, OH 94,49294.5k $1.6m $1.6m 1.15% Reduced -13.0k -12,996
57 Consolidated Portfolio Review Corp 0.24% of their portfolio WOODBURY, NY 91,40691.4k $1.5m $1.5m 0.24% Added +30.1k +30,050
58 AXS Investments LLC 0.42% of their portfolio PORT CHESTER, NY 90,94590.9k $1.5m $1.5m 0.42% New
59 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 90,66090.7k $1.5m $1.5m 0.01% Added +9.9k +9,926
60 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 88,01088.0k $1.5m $1.5m 0.00% New
61 J.W. COLE ADVISORS, INC. 0.06% of their portfolio TAMPA, FL 87,33687.3k $1.5m $1.5m 0.06% Added +18.1k +18,115
62 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.08% of their portfolio BIRMINGHAM, AL 87,18487.2k $1.5m $1.5m 0.08% Added +3.9k +3,850
63 Atria Wealth Solutions, Inc. 0.02% of their portfolio NEW YORK, NY 86,31386.3k $1.4m $1.4m 0.02% Added +707 +707
64 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 84,86284.9k $1.4m $1.4m 0.01% Reduced -3.0k -2,988
65 BRIDGES INVESTMENT MANAGEMENT INC 0.02% of their portfolio OMAHA, NE 84,01784.0k $1.4m $1.4m 0.02% Added +5.4k +5,430
66 Gibbs Wealth Management 0.38% of their portfolio Alpharetta, GA 83,60083.6k $1.4m $1.4m 0.38% Added +15.2k +15,224
67 SlateStone Wealth, LLC 0.13% of their portfolio JUPITER, FL 82,50082.5k $1.4m $1.4m 0.13% Unchanged
68 Spire Wealth Management 0.04% of their portfolio MCLEAN, VA 81,45581.5k $1.4m $1.4m 0.04% Added +18.8k +18,824
69 Waverly Advisors, LLC 0.02% of their portfolio BIRMINGHAM, AL 80,12480.1k $1.3m $1.3m 0.02% Added +31.1k +31,118
70 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 79,09079.1k $1.3m $1.3m 0.00% Added +32.4k +32,378
71 GUIDANCE CAPITAL, INC 0.42% of their portfolio LOUSVILLE, KY 78,72878.7k $1.4m $1.4m 0.42% Reduced -12.4k -12,369
72 NAPA WEALTH MANAGEMENT 0.56% of their portfolio Napa, CA 78,04378.0k $1.3m $1.3m 0.56% Added +20.9k +20,920
73 GFS Advisors, LLC 0.20% of their portfolio HOUSTON, TX 77,80077.8k $1.3m $1.3m 0.20% Unchanged
74 KESTRA PRIVATE WEALTH SERVICES, LLC 0.02% of their portfolio AUSTIN, TX 71,55771.6k $1.2m $1.2m 0.02% Added +7.2k +7,186
75 HOWARD WEALTH MANAGEMENT, LLC 0.64% of their portfolio Madison, CT 71,50071.5k $1.2m $1.2m 0.64% Added +34.4k +34,421
76 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 69,94969.9k $1.2m $1.2m 0.00% Reduced -15.7k -15,653
77 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 69,86869.9k $1.2m $1.2m 0.01% Reduced -43.4k -43,406
78 Perennial Investment Advisors, LLC 0.13% of their portfolio Los Angeles, CA 64,59464.6k $1.1m $1.1m 0.13% Added +106 +106
79 SAX WEALTH ADVISORS, LLC 0.08% of their portfolio PARSIPPANY, NJ 62,81462.8k $1.0m $1.0m 0.08% Added +2.2k +2,168
80 Stonebridge Financial Planning Group, LLC 0.45% of their portfolio ORLANDO, FL 60,33360.3k $1.0m $1.0m 0.45% Added +16.8k +16,794
81 Johnson Financial Group, Inc. 0.05% of their portfolio RACINE, WI 57,50057.5k $1.0m $1.0m 0.05% Unchanged
82 Ranch Capital Advisors Inc. 0.43% of their portfolio SARASOTA, FL 54,58854.6k $907.8k $907.8k 0.43% Added +4.0k +4,030
83 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 52,94252.9k $880.4k $880.4k 0.00% Reduced -10.7k -10,705
84 Alpha Wealth Funds, LLC 0.90% of their portfolio PARK CITY, UT 51,76851.8k $860.9k $860.9k 0.90% First filing
85 Symphony Financial, Ltd. Co. 0.13% of their portfolio HOUSTON, TX 49,24049.2k $846.9k $846.9k 0.13% Reduced -1.5k -1,540
86 Valtrion Capital Management, LLC 1.05% of their portfolio FRANKLIN, TN 48,01748.0k $798.5k $798.5k 1.05% First filing
87 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 47,20547.2k $778.9k $778.9k 0.00% Reduced -14.3k -14,298
88 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 46,46646.5k $772.7k $772.7k 0.02% Added +20.9k +20,873
89 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio ORLANDO, FL 45,52745.5k $763.9k $763.9k 0.06% New
90 WEALTH ALLIANCE, LLC 0.09% of their portfolio MELLVILLE, NY 43,45643.5k $722.7k $722.7k 0.09% Reduced -1.1k -1,114
91 BARD ASSOCIATES INC 0.24% of their portfolio CHICAGO, IL 42,79842.8k $711.7k $711.7k 0.24% Added +13.1k +13,118
92 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.11% of their portfolio CONCORD, MA 42,71042.7k $710.3k $710.3k 0.11% Added +724 +724
93 Sowell Financial Services LLC 0.04% of their portfolio NORTH LITTLE ROCK, AR 40,83340.8k $679.1k $679.1k 0.04% New
94 MONEY CONCEPTS CAPITAL CORP 0.05% of their portfolio PALM BEACH GARDENS, FL 38,06638.1k $633.0k $633.0k 0.05% New
95 Global Retirement Partners, LLC 0.02% of their portfolio San Rafael, CA 37,77137.8k $628.1k $628.1k 0.02% Added +13.0k +13,010
96 Sage Mountain Advisors LLC 0.04% of their portfolio ATLANTA, GA 36,65036.6k $609.5k $609.5k 0.04% Unchanged
97 COMERICA BANK 0.00% of their portfolio DALLAS, TX 36,63736.6k $609.3k $609.3k 0.00% Added +2.3k +2,303
98 Tyler-Stone Wealth Management 0.10% of their portfolio Beachwood, OH 35,13635.1k $584.3k $584.3k 0.10% Reduced -750 -750
99 Wambolt & Associates, LLC 0.19% of their portfolio LITTLETON, CO 34,82634.8k $579.2k $579.2k 0.19% Reduced -1.5k -1,531
100 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 34,07934.1k $566.7k $566.7k 0.00% Added +2.1k +2,100