Vault-13

VANECK ETF TRUST ANGL

FALLEN ANGEL HG · ETP · CUSIP 92189F437

347 institutional holders +36 vs Q3 2023
72,563,58672.6m shares reported held*
$2.1bnreported value*
51 new 123 added 123 reduced 29 sold out net bought ≈ $229.1m (+8.2m 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 ($563.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.80. Options: 2 managers hold calls ($374.1k notional), 2 hold puts ($342.5k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 284Q4 22: 322Q1 23: 319Q2 23: 317Q3 23: 311Q4 23: 347347Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022284
Q4 2022322
Q1 2023319
Q2 2023317
Q3 2023311
Q4 2023347

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 23Q3 23: 151 bought or addedQ3 23: 161 cut or sold outQ3 23Q4 23: 174 bought or addedQ4 23: 152 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022146153
Q1 2023167137
Q2 2023170139
Q3 2023151161
Q4 2023174152

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ1 23 calls: $1.0mQ1 23 puts: $1.7mQ1 23P/C 1.63Q2 23 calls: $774.8kQ2 23 puts: $1.0mQ2 23P/C 1.30Q3 23 calls: $89.3kQ3 23 puts: $146.1kQ3 23P/C 1.64Q4 23 calls: $374.1kQ4 23 puts: $342.5kQ4 23P/C 0.92
Numbers
QuarterCallsPutsP/C
Q1 2023$1.0m$1.7m1.63
Q2 2023$774.8k$1.0m1.30
Q3 2023$89.3k$146.1k1.64
Q4 2023$374.1k$342.5k0.92

Biggest buyers

MORGAN STANLEY Added +2,176,372+2.2m
Kensington Asset Management, LLC New +1,828,500+1.8m
State of Tennessee, Department of Treasury Added +1,504,000+1.5m
Morningstar Investment Services LLC Added +860,132+860.1k
WILBANKS SMITH & THOMAS ASSET MANAGEMENT LLC Added +561,195+561.2k
ACT Advisors, LLC. New +560,624+560.6k
Transform Wealth, LLC New +490,997+491.0k
Tactive Advisors, LLC Added +398,797+398.8k
CAPE COD FIVE CENTS SAVINGS BANK New +370,548+370.5k
Synergy Asset Management, LLC New +349,917+349.9k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -940,788-940.8k
JANE STREET GROUP, LLC Sold out -603,481-603.5k
EVERGREEN CAPITAL MANAGEMENT LLC Reduced -430,394-430.4k
OSAIC HOLDINGS, INC. Reduced -377,325-377.3k
BANK OF MONTREAL /CAN/ Reduced -321,173-321.2k
Cornerstone Planning Group LLC Reduced -321,156-321.2k
AE Wealth Management LLC Reduced -318,442-318.4k
Live Oak Investment Partners Reduced -229,979-230.0k
One Capital Management, LLC Reduced -178,282-178.3k
FSA WEALTH PARTNERS, INC. Reduced -159,774-159.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $279.2k9.7k shares
CITADEL ADVISORS LLC Unchanged $95.0k3.3k shares

Biggest puts

WOLVERINE TRADING, LLC New $305.1k10.6k shares
CITADEL ADVISORS LLC Reduced $37.4k1.3k 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 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 6,445,9486.4m $185.5m $185.5m 0.02% Reduced -940.8k -940,788
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 4,586,0084.6m $132.0m $132.0m 0.01% Added +2.2m +2,176,372
3 State of Tennessee, Department of Treasury 0.44% of their portfolio NASHVILLE, TN 3,933,6003.9m $113.2m $113.2m 0.44% Added +1.5m +1,504,000
4 Cerity Partners LLC 0.27% of their portfolio NEW YORK, NY 2,826,4252.8m $81.3m $81.3m 0.27% Reduced -48.9k -48,872
5 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 2,767,6872.8m $79.7m $79.7m 0.05% Added +4.8k +4,847
6 Capital Investment Advisors, LLC 1.96% of their portfolio ATLANTA, GA 2,713,4642.7m $78.1m $78.1m 1.96% Added +84.7k +84,710
7 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 2,167,2742.2m $62.4m $62.4m 0.03% Added +211.1k +211,090
8 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,998,8652.0m $57.5m $57.5m 0.02% Reduced -62.1k -62,075
9 Kensington Asset Management, LLC 2.74% of their portfolio AUSTIN, TX 1,828,5001.8m $52.6m $52.6m 2.74% New
10 Morningstar Investment Services LLC 0.28% of their portfolio CHICAGO, IL 1,732,4431.7m $50.0m $50.0m 0.28% Added +860.1k +860,132
11 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,420,4641.4m $40.9m $40.9m 0.01% Reduced -43.1k -43,146
12 SOUTHERN FARM BUREAU LIFE INSURANCE 6.15% of their portfolio JACKSON, MS 1,231,4471.2m $35.5m $35.5m 6.15% Unchanged
13 1832 Asset Management L.P. 0.07% of their portfolio TORONTO, A6 1,221,4001.2m $35.2m $35.2m 0.07% Added +307.5k +307,509
14 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,135,9811.1m $32.7m $32.7m 0.01% Added +161.7k +161,718
15 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,005,5841.0m $28.9m $28.9m 0.01% Added +110.5k +110,475
16 Migdal Insurance & Financial Holdings Ltd. 0.58% of their portfolio Petach Tikva, L3 1,000,1001.0m $28.8m $28.8m 0.58% Unchanged
17 Horizon Investments, LLC 0.78% of their portfolio Charlotte, NC 983,496983.5k $28.2m $28.2m 0.78% Reduced -19.9k -19,933
18 EVERGREEN CAPITAL MANAGEMENT LLC 1.14% of their portfolio Bellevue, WA 972,162972.2k $28.0m $28.0m 1.14% Reduced -430.4k -430,394
19 Ocean Park Asset Management, LLC 1.29% of their portfolio SANTA MONICA, CA 913,400913.4k $26.3m $26.3m 1.29% Reduced -104.3k -104,300
20 AE Wealth Management LLC 0.13% of their portfolio TOPEKA, KS 851,302851.3k $24.8m $24.8m 0.13% Reduced -318.4k -318,442
21 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 789,335789.3k $22.7m $22.7m 0.01% Added +55.5k +55,475
22 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 772,964773.0k $22.2m $22.2m 0.04% Reduced -377.3k -377,325
23 WILBANKS SMITH & THOMAS ASSET MANAGEMENT LLC 0.58% of their portfolio NORFOLK, VA 661,041661.0k $19.0m $19.0m 0.58% Added +561.2k +561,195
24 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 590,815590.8k $17.0m $17.0m 0.03% Reduced -7.6k -7,606
25 SCOTIA CAPITAL INC. 0.10% of their portfolio TORONTO, A6 564,760564.8k $16.3m $16.3m 0.10% Added +6.3k +6,305
26 Lido Advisors, LLC 0.16% of their portfolio Los Angeles, CA 563,506563.5k $16.2m $16.2m 0.16% Reduced -136.4k -136,396
27 ACT Advisors, LLC. 9.20% of their portfolio ASHEVILLE, NC 560,624560.6k $16.1m $16.1m 9.20% New
28 Aveo Capital Partners, LLC 1.94% of their portfolio ENGLEWOOD, CO 558,123558.1k $16.1m $16.1m 1.94% Added +58.8k +58,816
29 Deseret Mutual Benefit Administrators 9.05% of their portfolio SALT LAKE CITY, UT 545,298545.3k $15.7m $15.7m 9.05% Reduced -79.4k -79,436
30 GUGGENHEIM CAPITAL LLC 0.11% of their portfolio CHICAGO, IL 494,490494.5k $14.2m $14.2m 0.11% Added +11.6k +11,550
31 Transform Wealth, LLC 1.38% of their portfolio GREENWOOD VILLAGE, CO 490,997491.0k $14.1m $14.1m 1.38% New
32 Integrated Wealth Concepts LLC 0.23% of their portfolio WALTHAM, MA 483,915483.9k $13.9m $13.9m 0.23% Reduced -34.2k -34,225
33 Janney Capital Management LLC 0.93% of their portfolio PITTSBURGH, PA 482,736482.7k $13.9m $13.9m 0.93% Reduced -30.4k -30,433
34 RiverFront Investment Group, LLC 0.42% of their portfolio RICHMOND, VA 460,164460.2k $13.2m $13.2m 0.42% Added +124.7k +124,711
35 MATHER GROUP, LLC. 0.21% of their portfolio CHICAGO, IL 457,380457.4k $13.2m $13.2m 0.21% Reduced -92.5k -92,532
36 Tactive Advisors, LLC 8.02% of their portfolio Jacksonville, FL 433,267433.3k $12.5m $12.5m 8.02% Added +398.8k +398,797
37 Wealthcare Advisory Partners LLC 0.49% of their portfolio WEST CHESTER, PA 426,266426.3k $12.3m $12.3m 0.49% Added +80.6k +80,595
38 GeoWealth Management, LLC 0.99% of their portfolio CHICAGO, IL 416,604416.6k $12.0m $12.0m 0.99% Added +130.6k +130,645
39 American Financial Advisors, LLC 1.74% of their portfolio Marietta, GA 407,677407.7k $11.7m $11.7m 1.74% Reduced -5.9k -5,903
40 RWA WEALTH PARTNERS, LLC 0.16% of their portfolio BOSTON, MA 398,000398.0k $11.5m $11.5m 0.16% Added +205.4k +205,441
41 UBS Group AG 0.00% of their portfolio ZURICH, V8 394,124394.1k $11.3m $11.3m 0.00% Reduced -49.7k -49,727
42 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 379,581379.6k $10.9m $10.9m 0.01% Reduced -794 -794
43 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 373,701373.7k $10.8m $10.8m 0.03% Reduced -8.3k -8,348
44 CAPE COD FIVE CENTS SAVINGS BANK 1.08% of their portfolio HYANNIS, MA 370,548370.5k $10.7m $10.7m 1.08% New
45 Destiny Wealth Partners, LLC 1.95% of their portfolio TAVARES, FL 363,775363.8k $10.4m $10.4m 1.95% Added +12.0k +11,960
46 Trilogy Capital Inc. 0.65% of their portfolio IRVINE, CA 362,322362.3k $10.4m $10.4m 0.65% Reduced -40.1k -40,132
47 Synergy Asset Management, LLC 1.80% of their portfolio VANCOUVER, WA 349,917349.9k $10.1m $10.1m 1.80% New
48 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 349,521349.5k $10.1m $10.1m 0.04% Reduced -80.7k -80,660
49 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 333,742333.7k $9.6m $9.6m 0.04% Added +22.8k +22,807
50 Allworth Financial LP 0.07% of their portfolio FOLSOM, CA 331,681331.7k $9.5m $9.5m 0.07% Reduced -106.1k -106,123
51 Atria Investments, Inc 0.15% of their portfolio Charlotte, NC 327,355327.4k $9.4m $9.4m 0.15% Added +153.0k +152,951
52 Darwin Wealth Management, LLC 2.48% of their portfolio TAMPA, FL 321,454321.5k $9.3m $9.3m 2.48% Reduced -28.4k -28,361
53 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 305,487305.5k $8.8m $8.8m 0.01% Reduced -19.7k -19,673
54 Performa Ltd (US), LLC 3.74% of their portfolio CHARLESTON, SC 299,696299.7k $8.6m $8.6m 3.74% Reduced -8.2k -8,200
55 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 287,357287.4k $8.3m $8.3m 0.00% Unchanged
56 Symphony Financial, Ltd. Co. 1.75% of their portfolio HOUSTON, TX 281,655281.7k $8.2m $8.2m 1.75% Added +7.8k +7,827
57 Balyasny Asset Management L.P. 0.02% of their portfolio Chicago, IL 266,650266.6k $7.7m $7.7m 0.02% New
58 SHEPHERD KAPLAN KROCHUK, LLC 6.14% of their portfolio Boston, MA 262,351262.4k $7.6m $7.6m 6.14% Reduced -25.2k -25,241
59 Avitas Wealth Management LLC 1.26% of their portfolio LOS ANGELES, CA 261,242261.2k $7.5m $7.5m 1.26% Added +4.3k +4,348
60 Octavia Wealth Advisors, LLC 1.30% of their portfolio CINCINNATI, OH 256,006256.0k $7.4m $7.4m 1.30% Added +2.1k +2,075
61 Allianz Investment Management U.S. LLC 0.44% of their portfolio Minneapolis, MN 248,042248.0k $7.1m $7.1m 0.44% Unchanged
62 One Capital Management, LLC 0.27% of their portfolio WESTLAKE VILLAGE, CA 237,949237.9k $6.8m $6.8m 0.27% Reduced -178.3k -178,282
63 Melone Private Wealth, LLC 4.24% of their portfolio AUBURN HILLS, MI 231,268231.3k $6.7m $6.7m 4.24% Added +142.0k +141,998
64 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 229,973230.0k $6.6m $6.6m 0.01% Added +212.4k +212,431
65 MACKENZIE FINANCIAL CORP 0.01% of their portfolio TORONTO ONTARIO, A6 225,500225.5k $6.5m $6.5m 0.01% Added +149.4k +149,400
66 MY Wealth Management Inc. 6.09% of their portfolio GERMANTOWN, MD 224,900224.9k $6.5m $6.5m 6.09% Reduced -145.7k -145,733
67 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 224,369224.4k $6.5m $6.5m 0.01% Added +2.6k +2,645
68 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 218,536218.5k $6.3m $6.3m 0.01% Reduced -4.3k -4,255
69 Envestnet Portfolio Solutions, Inc. 0.03% of their portfolio BERWYN, PA 214,767214.8k $6.2m $6.2m 0.03% Added +10.5k +10,526
70 Atlantic Edge Private Wealth Management, LLC 2.51% of their portfolio JACKSONVILLE, FL 214,540214.5k $6.2m $6.2m 2.51% First filing
71 FAS Wealth Partners, Inc. 0.57% of their portfolio LEAWOOD, KS 209,273209.3k $6.0m $6.0m 0.57% Reduced -3.9k -3,859
72 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 208,226208.2k $6.0m $6.0m 0.00% Reduced -28.6k -28,582
73 WRAPMANAGER INC 1.73% of their portfolio MILL VALLEY, CA 205,129205.1k $5.9m $5.9m 1.73% Reduced -3.4k -3,397
74 Cetera Advisor Networks LLC 0.03% of their portfolio EL SEGUNDO, CA 204,145204.1k $5.9m $5.9m 0.03% Added +37.6k +37,612
75 Schonfeld Strategic Advisors LLC 0.05% of their portfolio NEW YORK, NY 200,058200.1k $5.8m $5.8m 0.05% New
76 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 198,522198.5k $5.7m $5.7m 0.00% Added +126.2k +126,230
77 Atria Wealth Solutions, Inc. 0.07% of their portfolio NEW YORK, NY 184,306184.3k $5.3m $5.3m 0.07% Added +115.2k +115,182
78 Mariner, LLC 0.01% of their portfolio Overland Park, KS 180,622180.6k $5.2m $5.2m 0.01% New
79 FSA WEALTH PARTNERS, INC. 1.48% of their portfolio Rockville, MD 179,866179.9k $5.2m $5.2m 1.48% Reduced -159.8k -159,774
80 Occidental Asset Management, LLC 1.06% of their portfolio Burlingame, CA 176,861176.9k $5.1m $5.1m 1.06% Added +22.3k +22,341
81 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 176,845176.8k $5.1m $5.1m 0.01% Reduced -5.4k -5,384
82 TOEWS CORP /ADV 1.20% of their portfolio NORTHFIELD, NJ 175,900175.9k $5.1m $5.1m 1.20% New
83 TRAPHAGEN INVESTMENT ADVISORS LLC 0.58% of their portfolio ORADELL, NJ 170,809170.8k $4.9m $4.9m 0.58% Added +270 +270
84 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 167,614167.6k $4.8m $4.8m 0.04% Added +32.1k +32,076
85 Wela Strategies, Inc. 2.51% of their portfolio ATLANTA, GA 162,389162.4k $4.7m $4.7m 2.51% Reduced -1.1k -1,058
86 OneDigital Investment Advisors LLC 0.08% of their portfolio OVERLAND PARK, KS 162,377162.4k $4.7m $4.7m 0.08% Added +98.2k +98,203
87 M Holdings Securities, Inc. 0.52% of their portfolio PORTLAND, OR 161,399161.4k $4.6m $4.6m 0.52% Added +8.3k +8,292
88 Transamerica Financial Advisors, LLC 0.61% of their portfolio CEDAR RAPIDS, IA 154,539154.5k $4.4m $4.4m 0.61% Reduced -25.2k -25,153
89 CW Advisors, LLC 0.08% of their portfolio BOSTON, MA 148,599148.6k $4.3m $4.3m 0.08% Reduced -25.9k -25,921
90 CONGRESS ASSET MANAGEMENT CO 0.03% of their portfolio BOSTON, MA 148,213148.2k $4.3m $4.3m 0.03% Reduced -25.9k -25,904
91 Essex LLC 1.05% of their portfolio DEER PARK, IL 146,661146.7k $4.2m $4.2m 1.05% Added +2.6k +2,572
92 MONEY CONCEPTS CAPITAL CORP 0.38% of their portfolio PALM BEACH GARDENS, FL 143,366143.4k $4.1m $4.1m 0.38% Added +21.1k +21,118
93 Blue Edge Capital, LLC 0.76% of their portfolio RICHMOND, VA 140,664140.7k $4.0m $4.0m 0.76% Added +294 +294
94 Ancora Advisors LLC 0.10% of their portfolio Cleveland, OH 139,956140.0k $4.0m $4.0m 0.10% Added +112.8k +112,830
95 Family Legacy, Inc. 1.53% of their portfolio GREENVILLE, SC 139,632139.6k $4.0m $4.0m 1.53% Added +571 +571
96 Avior Wealth Management, LLC 0.24% of their portfolio OMAHA, NE 139,339139.3k $4.0m $4.0m 0.24% Reduced -60.7k -60,688
97 PRINCIPAL SECURITIES, INC. 0.15% of their portfolio DES MOINES, IA 139,067139.1k $4.0m $4.0m 0.15% First filing
98 MOSAIC FAMILY WEALTH PARTNERS, LLC 0.69% of their portfolio ST. LOUIS, MO 138,493138.5k $4.0m $4.0m 0.69% Added +5.2k +5,187
99 US FINANCIAL ADVISORS, LLC 1.46% of their portfolio BRAINTREE, MA 136,118136.1k $3.9m $3.9m 1.46% Added +1.8k +1,764
100 AVANTAX ADVISORY SERVICES, INC. 0.04% of their portfolio DALLAS, TX 129,818129.8k $3.7m $3.7m 0.04% Added +207 +207