Vault-13

VANECK ETF TRUST ANGL

FALLEN ANGEL HG · ETP · CUSIP 92189F437

317 institutional holders -2 vs Q1 2023
67,345,83067.3m shares reported held*
$1.9bnreported value*
34 new 136 added 102 reduced 37 sold out net bought ≈ $138.8m (+4.7m 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 ($2.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $27.87. Options: 2 managers hold calls ($774.8k notional), 2 hold puts ($1.0m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 284Q4 22: 322Q1 23: 319Q2 23: 317317Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022284
Q4 2022322
Q1 2023319
Q2 2023317

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 146 bought or addedQ4 22: 153 cut or sold outQ4 22Q1 23: 167 bought or addedQ1 23: 137 cut or sold outQ1 23Q2 23: 170 bought or addedQ2 23: 139 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022146153
Q1 2023167137
Q2 2023170139

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ3 22 calls: $1.3mQ3 22 puts: $2.3mQ3 22P/C 1.79Q4 22 calls: $3.4mQ4 22 puts: $1.2mQ4 22P/C 0.35Q1 23 calls: $1.0mQ1 23 puts: $1.7mQ1 23P/C 1.63Q2 23 calls: $774.8kQ2 23 puts: $1.0mQ2 23P/C 1.30
Numbers
QuarterCallsPutsP/C
Q3 2022$1.3m$2.3m1.79
Q4 2022$3.4m$1.2m0.35
Q1 2023$1.0m$1.7m1.63
Q2 2023$774.8k$1.0m1.30

Biggest buyers

Cerity Partners LLC New +1,922,614+1.9m
JANE STREET GROUP, LLC Added +1,857,313+1.9m
WILBANKS SMITH & THOMAS ASSET MANAGEMENT LLC Added +1,144,925+1.1m
Kensington Asset Management, LLC New +1,020,000+1.0m
State of Tennessee, Department of Treasury Added +909,584+909.6k
ACT Advisors, LLC. New +551,856+551.9k
Morningstar Investment Services LLC Added +523,554+523.6k
Thrivent Financial for Lutherans Added +520,579+520.6k
VestGen Investment Management New +370,414+370.4k
Clear Creek Financial Management, LLC Added +366,079+366.1k

Biggest sellers

AMERIPRISE FINANCIAL INC Reduced -2,799,641-2.8m
EVERGREEN CAPITAL MANAGEMENT LLC Reduced -666,727-666.7k
Signify Wealth Sold out -526,388-526.4k
Gradient Investments LLC Reduced -440,031-440.0k
Horizon Investments, LLC Reduced -360,253-360.3k
MORGAN STANLEY Reduced -347,196-347.2k
GOLDMAN SACHS GROUP INC Reduced -318,300-318.3k
MONEY CONCEPTS CAPITAL CORP Reduced -230,351-230.4k
RAYMOND JAMES & ASSOCIATES Reduced -165,546-165.5k
Jefferies Financial Group Inc. Sold out -150,013-150.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $624.8k22.5k shares
CITADEL ADVISORS LLC Reduced $150.0k5.4k shares

Biggest puts

CITADEL ADVISORS LLC Added $633.2k22.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $374.9k13.5k 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 8,036,3408.0m $223.2m $223.2m 0.03% Reduced -89.9k -89,857
2 State of Tennessee, Department of Treasury 0.38% of their portfolio NASHVILLE, TN 3,269,6003.3m $90.8m $90.8m 0.38% Added +909.6k +909,584
3 Capital Investment Advisors, LLC 2.12% of their portfolio ATLANTA, GA 2,502,3032.5m $69.5m $69.5m 2.12% Added +104.9k +104,883
4 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,364,6432.4m $65.7m $65.7m 0.01% Reduced -347.2k -347,196
5 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 2,331,2432.3m $64.7m $64.7m 0.05% Added +212.9k +212,945
6 JANE STREET GROUP, LLC 0.09% of their portfolio NEW YORK, NY 2,279,6782.3m $63.3m $63.3m 0.09% Added +1.9m +1,857,313
7 Cerity Partners LLC 0.21% of their portfolio NEW YORK, NY 1,922,6141.9m $53.4m $53.4m 0.21% New
8 WILBANKS SMITH & THOMAS ASSET MANAGEMENT LLC 1.75% of their portfolio NORFOLK, VA 1,909,3771.9m $53.0m $53.0m 1.75% Added +1.1m +1,144,925
9 Deseret Mutual Benefit Administrators 19.95% of their portfolio SALT LAKE CITY, UT 1,846,4651.8m $51.3m $51.3m 19.95% Added +24.5k +24,454
10 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,505,6281.5m $41.8m $41.8m 0.01% Reduced -9.1k -9,117
11 EVERGREEN CAPITAL MANAGEMENT LLC 1.65% of their portfolio Bellevue, WA 1,420,0551.4m $39.4m $39.4m 1.65% Reduced -666.7k -666,727
12 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,338,9411.3m $37.1m $37.1m 0.01% Reduced -2.8m -2,799,641
13 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,316,4611.3m $36.6m $36.6m 0.02% Added +227.4k +227,428
14 Horizon Investments, LLC 1.00% of their portfolio Charlotte, NC 1,269,3401.3m $34.9m $34.9m 1.00% Reduced -360.3k -360,253
15 SOUTHERN FARM BUREAU LIFE INSURANCE 5.50% of their portfolio JACKSON, MS 1,231,4471.2m $34.2m $34.2m 5.50% Unchanged
16 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,123,1511.1m $31.2m $31.2m 0.01% Added +202.0k +202,039
17 Kensington Asset Management, LLC 1.87% of their portfolio AUSTIN, TX 1,020,0001.0m $28.3m $28.3m 1.87% New
18 Migdal Insurance & Financial Holdings Ltd. 0.64% of their portfolio Petach Tikva, L3 1,002,5951.0m $27.8m $27.8m 0.64% Reduced -4.5k -4,545
19 PFS INVESTMENTS INC. 0.44% of their portfolio DULUTH, GA 965,987966.0k $26.8m $26.8m 0.44% Added +65.1k +65,128
20 1832 Asset Management L.P. 0.05% of their portfolio TORONTO, A6 926,843926.8k $25.7m $25.7m 0.05% Added +5.4k +5,449
21 Morningstar Investment Services LLC 0.31% of their portfolio CHICAGO, IL 868,968869.0k $24.0m $24.0m 0.31% Added +523.6k +523,554
22 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 826,905826.9k $23.0m $23.0m 0.04% Added +83.2k +83,169
23 Lido Advisors, LLC 0.24% of their portfolio Los Angeles, CA 775,380775.4k $21.5m $21.5m 0.24% Added +10.6k +10,626
24 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 761,666761.7k $21.2m $21.2m 0.04% Added +154.0k +153,973
25 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 733,860733.9k $20.4m $20.4m 0.01% Unchanged
26 AE Wealth Management LLC 0.11% of their portfolio TOPEKA, KS 684,248684.2k $19.0m $19.0m 0.11% Added +31.1k +31,124
27 MATHER GROUP, LLC. 0.29% of their portfolio CHICAGO, IL 649,126649.1k $18.0m $18.0m 0.29% Reduced -95.8k -95,768
28 ACT Advisors, LLC. 10.12% of their portfolio ASHEVILLE, NC 551,856551.9k $15.3m $15.3m 10.12% New
29 SCOTIA CAPITAL INC. 0.10% of their portfolio TORONTO, A6 532,802532.8k $14.8m $14.8m 0.10% Reduced -1.9k -1,896
30 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 531,441531.4k $14.8m $14.8m 0.03% Added +520.6k +520,579
31 Janney Capital Management LLC 1.02% of their portfolio PITTSBURGH, PA 529,582529.6k $14.7m $14.7m 1.02% Reduced -8.0k -8,008
32 Aveo Capital Partners, LLC 1.85% of their portfolio ENGLEWOOD, CO 525,893525.9k $14.6m $14.6m 1.85% Added +31.2k +31,226
33 GUGGENHEIM CAPITAL LLC 0.11% of their portfolio CHICAGO, IL 522,965523.0k $14.5m $14.5m 0.11% Added +15.2k +15,188
34 Integrated Wealth Concepts LLC 0.25% of their portfolio WALTHAM, MA 521,387521.4k $14.5m $14.5m 0.25% Added +333.0k +332,965
35 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 449,808449.8k $12.5m $12.5m 0.06% Added +61.0k +61,008
36 UBS Group AG 0.01% of their portfolio ZURICH, V8 432,919432.9k $12.0m $12.0m 0.01% Added +10.8k +10,755
37 Trilogy Capital Inc. 0.74% of their portfolio IRVINE, CA 420,992421.0k $11.7m $11.7m 0.74% Reduced -19.7k -19,723
38 TOEWS CORP /ADV 1.74% of their portfolio NORTHFIELD, NJ 414,600414.6k $11.5m $11.5m 1.74% Added +84.2k +84,200
39 American Financial Advisors, LLC 1.71% of their portfolio Marietta, GA 393,174393.2k $10.9m $10.9m 1.71% Reduced -85.6k -85,581
40 Clear Creek Financial Management, LLC 1.83% of their portfolio SILVERDALE, WA 379,984380.0k $10.6m $10.6m 1.83% Added +366.1k +366,079
41 MY Wealth Management Inc. 9.50% of their portfolio GERMANTOWN, MD 374,873374.9k $10.4m $10.4m 9.50% Added +10.3k +10,287
42 VestGen Investment Management 2.99% of their portfolio EGG HARBOR TOWNSHIP, NJ 370,414370.4k $10.3m $10.3m 2.99% New
43 Darwin Wealth Management, LLC 2.51% of their portfolio TAMPA, FL 353,269353.3k $9.7m $9.7m 2.51% Added +9.4k +9,437
44 Allworth Financial LP 0.08% of their portfolio FOLSOM, CA 338,179338.2k $9.4m $9.4m 0.08% Reduced -935 -935
45 Cornerstone Planning Group LLC 3.65% of their portfolio FAIRFIELD, NJ 332,490332.5k $9.2m $9.2m 3.65% First filing
46 Wealthcare Advisory Partners LLC 0.40% of their portfolio WEST CHESTER, PA 322,049322.0k $8.9m $8.9m 0.40% Added +86.7k +86,710
47 Destiny Wealth Partners, LLC 1.68% of their portfolio TAVARES, FL 316,819316.8k $8.8m $8.8m 1.68% Added +27.4k +27,364
48 Performa Ltd (US), LLC 4.20% of their portfolio CHARLESTON, SC 307,896307.9k $8.6m $8.6m 4.20% Added +25.7k +25,675
49 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 299,715299.7k $8.3m $8.3m 0.01% Reduced -12.9k -12,878
50 MML INVESTORS SERVICES, LLC 0.05% of their portfolio SPRINGFIELD, MA 295,142295.1k $8.2m $8.2m 0.05% Added +21.9k +21,884
51 Avior Wealth Management, LLC 0.51% of their portfolio OMAHA, NE 281,487281.5k $7.8m $7.8m 0.51% Added +281.5k +281,487
52 SHEPHERD KAPLAN KROCHUK, LLC 6.15% of their portfolio Boston, MA 280,067280.1k $7.8m $7.8m 6.15% Reduced -4.9k -4,878
53 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 263,647263.6k $7.3m $7.3m 0.01% Added +11.1k +11,132
54 Symphony Financial, Ltd. Co. 1.75% of their portfolio HOUSTON, TX 259,204259.2k $7.1m $7.1m 1.75% Added +17.3k +17,347
55 Avitas Wealth Management LLC 1.28% of their portfolio LOS ANGELES, CA 254,706254.7k $7.1m $7.1m 1.28% Added +4.3k +4,251
56 Octavia Wealth Advisors, LLC 1.40% of their portfolio CINCINNATI, OH 249,054249.1k $6.9m $6.9m 1.40% Added +8.7k +8,717
57 Allianz Investment Management U.S. LLC 0.40% of their portfolio Minneapolis, MN 248,042248.0k $6.9m $6.9m 0.40% Unchanged
58 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 238,723238.7k $6.6m $6.6m 0.01% Reduced -19.9k -19,891
59 Live Oak Investment Partners 5.41% of their portfolio AUSTIN, TX 233,270233.3k $6.5m $6.5m 5.41% Added +6.0k +6,013
60 Tactive Advisors, LLC 4.91% of their portfolio Jacksonville, FL 231,639231.6k $6.4m $6.4m 4.91% Reduced -72.7k -72,717
61 FAS Wealth Partners, Inc. 0.75% of their portfolio LEAWOOD, KS 213,738213.7k $5.9m $5.9m 0.75% Added +1.8k +1,786
62 WRAPMANAGER INC 1.77% of their portfolio MILL VALLEY, CA 207,291207.3k $5.8m $5.8m 1.77% Reduced -318 -318
63 RWA WEALTH PARTNERS, LLC 0.12% of their portfolio BOSTON, MA 205,608205.6k $5.7m $5.7m 0.12% New
64 CW Advisors, LLC 0.13% of their portfolio BOSTON, MA 194,814194.8k $5.4m $5.4m 0.13% Reduced -22.4k -22,370
65 Atria Investments, Inc 0.10% of their portfolio Charlotte, NC 194,271194.3k $5.4m $5.4m 0.10% Added +6.1k +6,105
66 CONGRESS ASSET MANAGEMENT CO 0.05% of their portfolio BOSTON, MA 193,905193.9k $5.4m $5.4m 0.05% Reduced -22.7k -22,719
67 GeoWealth Management, LLC 0.57% of their portfolio CHICAGO, IL 189,598189.6k $5.3m $5.3m 0.57% Reduced -32.5k -32,541
68 Transamerica Financial Advisors, LLC 0.62% of their portfolio CEDAR RAPIDS, IA 170,969171.0k $4.7m $4.7m 0.62% Added +15.7k +15,713
69 Schonfeld Strategic Advisors LLC 0.04% of their portfolio NEW YORK, NY 168,485168.5k $4.7m $4.7m 0.04% New
70 TRAPHAGEN INVESTMENT ADVISORS LLC 0.60% of their portfolio ORADELL, NJ 167,827167.8k $4.7m $4.7m 0.60% Added +3.6k +3,604
71 CYPRESS FINANCIAL PLANNING LLC 2.60% of their portfolio HADDON HEIGHTS, NJ 164,097164.1k $4.5m $4.5m 2.60% Added +11.4k +11,358
72 Wela Strategies, Inc. 3.37% of their portfolio ATLANTA, GA 157,605157.6k $4.4m $4.4m 3.37% Reduced -2.5k -2,491
73 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 157,348157.3k $4.4m $4.4m 0.01% Added +19.1k +19,101
74 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 156,686156.7k $4.4m $4.4m 0.00% Reduced -165.5k -165,546
75 Essex LLC 1.21% of their portfolio DEER PARK, IL 156,534156.5k $4.3m $4.3m 1.21% Reduced -48.8k -48,752
76 Cetera Advisor Networks LLC 0.03% of their portfolio EL SEGUNDO, CA 155,786155.8k $4.3m $4.3m 0.03% Added +41.0k +41,014
77 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 154,993155.0k $4.3m $4.3m 0.04% Added +15.2k +15,161
78 Blue Edge Capital, LLC 0.81% of their portfolio RICHMOND, VA 144,342144.3k $4.0m $4.0m 0.81% Reduced -91.9k -91,885
79 BDO Wealth Advisors, LLC 0.45% of their portfolio JACKSONVILLE, FL 140,537140.5k $3.9m $3.9m 0.45% New
80 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 138,257138.3k $3.8m $3.8m 0.00% Reduced -318.3k -318,300
81 Family Legacy, Inc. 1.52% of their portfolio GREENVILLE, SC 135,919135.9k $3.8m $3.8m 1.52% Added +449 +449
82 Triton Financial Group Inc 2.58% of their portfolio Oklahoma City, OK 135,165135.2k $3.8m $3.8m 2.58% Reduced -4.1k -4,087
83 OneAscent Financial Services LLC 1.65% of their portfolio BIRMINGHAM, AL 134,101134.1k $3.7m $3.7m 1.65% Reduced -3.8k -3,765
84 Prairie Sky Financial Group LLC 2.44% of their portfolio Lake Bluff, IL 129,102129.1k $3.6m $3.6m 2.44% First filing
85 MOSAIC FAMILY WEALTH PARTNERS, LLC 0.70% of their portfolio ST. LOUIS, MO 128,892128.9k $3.6m $3.6m 0.70% Added +2.4k +2,407
86 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 127,889127.9k $3.5m $3.5m 0.01% Reduced -29.4k -29,444
87 CONNING INC. 0.12% of their portfolio HARTFORD, CT 127,506127.5k $3.5m $3.5m 0.12% Reduced -10.0k -10,000
88 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 125,413125.4k $3.5m $3.5m 0.01% New
89 Frank, Rimerman Advisors LLC 0.82% of their portfolio Palo Alto, CA 123,040123.0k $3.4m $3.4m 0.82% Unchanged
90 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 122,162122.2k $3.4m $3.4m 0.00% Reduced -4.6k -4,617
91 US FINANCIAL ADVISORS, LLC 1.41% of their portfolio BRAINTREE, MA 119,264119.3k $3.3m $3.3m 1.41% Added +9.4k +9,438
92 MONEY CONCEPTS CAPITAL CORP 0.33% of their portfolio PALM BEACH GARDENS, FL 116,350116.3k $3.2m $3.2m 0.33% Reduced -230.4k -230,351
93 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 111,819111.8k $3.1m $3.1m 0.01% Added +2.1k +2,080
94 AVANTAX ADVISORY SERVICES, INC. 0.04% of their portfolio DALLAS, TX 110,680110.7k $3.1m $3.1m 0.04% Added +1.4k +1,409
95 HOWARD FINANCIAL SERVICES, LTD. 0.72% of their portfolio DALLAS, TX 108,961109.0k $3.0m $3.0m 0.72% Added +5.1k +5,144
96 Occidental Asset Management, LLC 0.66% of their portfolio Burlingame, CA 105,465105.5k $2.9m $2.9m 0.66% Added +17.8k +17,780
97 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 104,400104.4k $2.9m $2.9m 0.00% New
98 ZIMMERMANN INVESTMENT MANAGEMENT & PLANNING LLC 1.34% of their portfolio New Cumberland, PA 104,034104.0k $2.9m $2.9m 1.34% Added +18.3k +18,294
99 CLEAR INVESTMENT RESEARCH, LLC 4.69% of their portfolio ALPHARETTA, GA 100,797100.8k $2.8m $2.8m 4.69% Added +7.8k +7,758
100 MEITAV INVESTMENT HOUSE LTD 0.02% of their portfolio BENE-BERAQ, L3 96,35096.3k $2.7m $2.7m 0.02% Added +56.8k +56,775