Vault-13

VANECK ETF TRUST ANGL

FALLEN ANGEL HG · ETP · CUSIP 92189F437

349 institutional holders +1 vs Q4 2024
78,389,32678.4m shares reported held*
$2.3bnreported value*
37 new 143 added 116 reduced 30 sold out net bought ≈ $151.0m (+5.3m 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 ($4.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.87. Options: 1 managers hold calls ($634.9k notional), 1 hold puts ($363.6k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 284Q4 22: 322Q1 23: 319Q2 23: 317Q3 23: 311Q4 23: 347Q1 24: 345Q2 24: 340Q3 24: 349Q4 24: 348Q1 25: 349349Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022284
Q4 2022322
Q1 2023319
Q2 2023317
Q3 2023311
Q4 2023347
Q1 2024345
Q2 2024340
Q3 2024349
Q4 2024348
Q1 2025349

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 170 bought or addedQ2 23: 139 cut or sold outQ3 23: 151 bought or addedQ3 23: 161 cut or sold outQ3 23Q4 23: 174 bought or addedQ4 23: 152 cut or sold outQ1 24: 184 bought or addedQ1 24: 165 cut or sold outQ1 24Q2 24: 167 bought or addedQ2 24: 161 cut or sold outQ3 24: 176 bought or addedQ3 24: 144 cut or sold outQ3 24Q4 24: 177 bought or addedQ4 24: 132 cut or sold outQ1 25: 180 bought or addedQ1 25: 146 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023170139
Q3 2023151161
Q4 2023174152
Q1 2024184165
Q2 2024167161
Q3 2024176144
Q4 2024177132
Q1 2025180146

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ2 24 calls: $8.5kQ2 24 puts: $288.7kQ2 24P/C 34.00Q3 24 calls: $5.9kQ3 24 puts: $5.9kQ3 24P/C 1.00Q4 24 calls: $120.4kQ4 24 puts: $197.8kQ4 24P/C 1.64Q1 25 calls: $634.9kQ1 25 puts: $363.6kQ1 25P/C 0.57
Numbers
QuarterCallsPutsP/C
Q2 2024$8.5k$288.7k34.00
Q3 2024$5.9k$5.9k1.00
Q4 2024$120.4k$197.8k1.64
Q1 2025$634.9k$363.6k0.57

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +10,284,308+10.3m
Elevation Capital Advisory, LLC New +327,509+327.5k
INTEGRITY ALLIANCE, LLC. New +296,355+296.4k
Lido Advisors, LLC Added +271,062+271.1k
SCOTIA CAPITAL INC. Added +255,745+255.7k
NATIONAL BANK OF CANADA /FI/ New +221,385+221.4k
RAYMOND JAMES FINANCIAL INC Added +176,759+176.8k
AE Wealth Management LLC Added +139,669+139.7k
RENAISSANCE TECHNOLOGIES LLC Added +127,075+127.1k
Cambridge Investment Research Advisors, Inc. Added +126,825+126.8k

Biggest sellers

State of Tennessee, Department of Treasury Sold out -5,129,285-5.1m
Trilogy Capital Inc. Reduced -497,433-497.4k
Integrated Wealth Concepts LLC Reduced -443,070-443.1k
Strategic Wealth Investment Group, LLC Reduced -333,239-333.2k
Symphony Financial, Ltd. Co. Reduced -281,827-281.8k
AMERIPRISE FINANCIAL INC Reduced -211,008-211.0k
Thrivent Financial for Lutherans Sold out -194,910-194.9k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -168,345-168.3k
Kensington Asset Management, LLC Reduced -150,000-150.0k
Aveo Capital Partners, LLC Reduced -128,680-128.7k

Biggest calls

CITADEL ADVISORS LLC Added $634.9k22.0k shares

Biggest puts

CITADEL ADVISORS LLC Added $363.6k12.6k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 19,754,72019.8m $570.1m $570.1m 0.05% Added +10.3m +10,284,308
2 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 3,742,0743.7m $108.0m $108.0m 0.04% Added +24.2k +24,154
3 Capital Investment Advisors, LLC 1.72% of their portfolio ATLANTA, GA 3,046,2913.0m $87.9m $87.9m 1.72% Added +121.0k +120,975
4 Cerity Partners LLC 0.18% of their portfolio NEW YORK, NY 2,950,7343.0m $85.2m $85.2m 0.18% Added +101.5k +101,492
5 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,640,9352.6m $76.2m $76.2m 0.01% Reduced -30.2k -30,168
6 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 2,616,1362.6m $75.5m $75.5m 0.02% Reduced -211.0k -211,008
7 Kensington Asset Management, LLC 6.73% of their portfolio AUSTIN, TX 2,219,7262.2m $64.1m $64.1m 6.73% Reduced -150.0k -150,000
8 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,910,7321.9m $55.1m $55.1m 0.02% Added +63.0k +62,985
9 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,668,0951.7m $48.1m $48.1m 0.01% Added +85.2k +85,237
10 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,469,8671.5m $42.4m $42.4m 0.01% Reduced -29.8k -29,751
11 SOUTHERN FARM BUREAU LIFE INSURANCE 5.21% of their portfolio JACKSON, MS 1,231,4471.2m $35.5m $35.5m 5.21% Unchanged
12 1832 Asset Management L.P. 0.06% of their portfolio TORONTO, A6 1,178,4961.2m $34.0m $34.0m 0.06% Reduced -5.3k -5,260
13 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,141,2361.1m $32.9m $32.9m 0.01% Reduced -57.7k -57,653
14 Horizon Investments, LLC 0.87% of their portfolio Charlotte, NC 1,026,7011.0m $29.3m $29.3m 0.87% Added +6.5k +6,455
15 EVERGREEN CAPITAL MANAGEMENT LLC 0.97% of their portfolio Bellevue, WA 1,006,1731.0m $29.0m $29.0m 0.97% Reduced -26.6k -26,645
16 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 967,015967.0k $27.9m $27.9m 0.01% Unchanged
17 Ocean Park Asset Management, LLC 0.94% of their portfolio SANTA MONICA, CA 913,400913.4k $26.4m $26.4m 0.94% Unchanged
18 SCOTIA CAPITAL INC. 0.14% of their portfolio TORONTO, A6 884,839884.8k $25.5m $25.5m 0.14% Added +255.7k +255,745
19 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 842,473842.5k $24.3m $24.3m 0.01% Added +176.8k +176,759
20 RiverFront Investment Group, LLC 0.48% of their portfolio RICHMOND, VA 748,228748.2k $21.6m $21.6m 0.48% Added +17.8k +17,813
21 AE Wealth Management LLC 0.15% of their portfolio TOPEKA, KS 610,874610.9k $17.6m $17.6m 0.15% Added +139.7k +139,669
22 Wealthcare Advisory Partners LLC 0.47% of their portfolio WEST CHESTER, PA 608,311608.3k $17.6m $17.6m 0.47% Added +51.1k +51,071
23 CAPE COD FIVE CENTS SAVINGS BANK 1.51% of their portfolio HYANNIS, MA 562,071562.1k $16.5m $16.5m 1.51% Unchanged
24 HOWARD FINANCIAL SERVICES, LTD. 2.04% of their portfolio DALLAS, TX 519,549519.5k $15.0m $15.0m 2.04% Added +104.3k +104,322
25 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 504,008504.0k $14.5m $14.5m 0.03% Added +28.9k +28,880
26 American Financial Advisors, LLC 2.06% of their portfolio Marietta, GA 491,518491.5k $14.2m $14.2m 2.06% Reduced -7.2k -7,164
27 Lido Advisors, LLC 0.08% of their portfolio Los Angeles, CA 490,654490.7k $14.2m $14.2m 0.08% Added +271.1k +271,062
28 Aveo Capital Partners, LLC 2.25% of their portfolio ENGLEWOOD, CO 478,049478.0k $13.5m $13.5m 2.25% Reduced -128.7k -128,680
29 GUGGENHEIM CAPITAL LLC 0.13% of their portfolio CHICAGO, IL 475,211475.2k $13.7m $13.7m 0.13% Reduced -23.4k -23,439
30 Performa Ltd (US), LLC 4.56% of their portfolio CHARLESTON, SC 474,859474.9k $13.7m $13.7m 4.56% Added +29.0k +29,000
31 Janney Capital Management LLC 0.87% of their portfolio PITTSBURGH, PA 437,405437.4k $12.6m $12.6m 0.87% Added +4.6k +4,557
32 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 431,187431.2k $12.4m $12.4m 0.04% Added +126.8k +126,825
33 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 391,768391.8k $11.3m $11.3m 0.01% Reduced -5.1k -5,125
34 CYPRESS FINANCIAL PLANNING LLC 4.02% of their portfolio HADDON HEIGHTS, NJ 386,088386.1k $11.1m $11.1m 4.02% Added +7.0k +6,951
35 Integrated Wealth Concepts LLC 0.13% of their portfolio WALTHAM, MA 384,557384.6k $11.1m $11.1m 0.13% Reduced -443.1k -443,070
36 Atlantic Edge Private Wealth Management, LLC 3.38% of their portfolio JACKSONVILLE, FL 383,121383.1k $11.1m $11.1m 3.38% Added +9.9k +9,949
37 BRASS TAX WEALTH MANAGEMENT, INC 2.25% of their portfolio CINCINNATI, OH 370,337370.3k $10.7m $10.7m 2.25% Added +20.3k +20,320
38 Octavia Wealth Advisors, LLC 1.21% of their portfolio CINCINNATI, OH 344,282344.3k $9.9m $9.9m 1.21% Added +31.1k +31,121
39 Destiny Wealth Partners, LLC 1.57% of their portfolio TAVARES, FL 343,000343.0k $9.9m $9.9m 1.57% Reduced -88.2k -88,212
40 RWA WEALTH PARTNERS, LLC 0.12% of their portfolio BOSTON, MA 337,367337.4k $9.7m $9.7m 0.12% Reduced -7.2k -7,150
41 Elevation Capital Advisory, LLC 4.12% of their portfolio BEND, OR 327,509327.5k $9.5m $9.5m 4.12% New
42 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 326,655326.7k $9.4m $9.4m 0.02% Added +35.7k +35,746
43 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 324,257324.3k $9.4m $9.4m 0.01% Added +127.1k +127,075
44 PEAK FINANCIAL ADVISORS LLC 4.69% of their portfolio DENVER, CO 319,435319.4k $9.2m $9.2m 4.69% Added +34.9k +34,932
45 SHEPHERD KAPLAN KROCHUK, LLC 7.63% of their portfolio Boston, MA 308,905308.9k $8.9m $8.9m 7.63% Added +13.1k +13,068
46 CHB Investment Group, LLC 4.68% of their portfolio NEW HOPE, PA 305,337305.3k $8.8m $8.8m 4.68% Added +1.5k +1,466
47 Allworth Financial LP 0.05% of their portfolio FOLSOM, CA 302,138302.1k $8.5m $8.5m 0.05% Reduced -35.0k -34,985
48 INTEGRITY ALLIANCE, LLC. 0.34% of their portfolio Urbandale, IA 296,355296.4k $8.6m $8.6m 0.34% New
49 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 290,815290.8k $8.4m $8.4m 0.01% Added +52.4k +52,417
50 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 290,131290.1k $8.4m $8.4m 0.01% Added +71.4k +71,393
51 Envestnet Portfolio Solutions, Inc. 0.03% of their portfolio BERWYN, PA 287,789287.8k $8.3m $8.3m 0.03% Added +25.4k +25,391
52 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 282,379282.4k $8.1m $8.1m 0.01% Added +43.1k +43,100
53 Occidental Asset Management, LLC 1.23% of their portfolio Burlingame, CA 281,365281.4k $8.1m $8.1m 1.23% Added +3.8k +3,808
54 WRAPMANAGER INC 2.09% of their portfolio MILL VALLEY, CA 275,783275.8k $8.0m $8.0m 2.09% Added +19.9k +19,926
55 AVANTAX ADVISORY SERVICES, INC. 0.05% of their portfolio DALLAS, TX 273,154273.2k $7.9m $7.9m 0.05% Added +22.2k +22,168
56 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 269,033269.0k $7.8m $7.8m 0.03% Reduced -15.2k -15,168
57 Allianz Investment Management U.S. LLC 0.38% of their portfolio Minneapolis, MN 248,042248.0k $7.0m $7.0m 0.38% Unchanged
58 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 223,412223.4k $6.4m $6.4m 0.00% Reduced -1.2k -1,217
59 FAS Wealth Partners, Inc. 0.52% of their portfolio LEAWOOD, KS 221,610221.6k $6.4m $6.4m 0.52% Added +4.5k +4,485
60 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 221,385221.4k $6.4m $6.4m 0.01% New
61 NOMURA ASSET MANAGEMENT CO LTD 0.02% of their portfolio TOKYO, M0 212,123212.1k $6.1m $6.1m 0.02% Unchanged
62 OneDigital Investment Advisors LLC 0.07% of their portfolio OVERLAND PARK, KS 207,643207.6k $6.0m $6.0m 0.07% Added +9.2k +9,152
63 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 207,612207.6k $6.0m $6.0m 0.01% Added +101.5k +101,539
64 Melone Private Wealth, LLC 3.12% of their portfolio AUBURN HILLS, MI 206,442206.4k $6.0m $6.0m 3.12% Added +1.3k +1,323
65 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 202,501202.5k $5.8m $5.8m 0.01% Added +47.2k +47,222
66 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 200,494200.5k $5.8m $5.8m 0.00% Added +630 +630
67 Wela Strategies, Inc. 2.37% of their portfolio ATLANTA, GA 194,793194.8k $5.6m $5.6m 2.37% Added +2.2k +2,206
68 US FINANCIAL ADVISORS, LLC 1.59% of their portfolio BRAINTREE, MA 186,146186.1k $5.4m $5.4m 1.59% Added +11.5k +11,456
69 NBT BANK, N.A. 0.39% of their portfolio NORWICH, NY 185,858185.9k $5.4m $5.4m 0.39% Added +9.0k +8,968
70 M Holdings Securities, Inc. 0.89% of their portfolio PORTLAND, OR 185,398185.4k $5.4m $5.4m 0.89% Added +10.4k +10,355
71 Ancora Advisors LLC 0.12% of their portfolio Cleveland, OH 178,833178.8k $5.2m $5.2m 0.12% Added +9.5k +9,539
72 Transamerica Financial Advisors, LLC 0.52% of their portfolio CEDAR RAPIDS, IA 176,905176.9k $5.1m $5.1m 0.52% Added +10.8k +10,827
73 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 176,682176.7k $5.1m $5.1m 0.01% Reduced -168.3k -168,345
74 Essex LLC 1.08% of their portfolio DEER PARK, IL 173,486173.5k $5.0m $5.0m 1.08% Added +14.3k +14,310
75 MATHER GROUP, LLC. 0.06% of their portfolio CHICAGO, IL 170,214170.2k $4.9m $4.9m 0.06% Reduced -22.4k -22,408
76 SECURIAN ASSET MANAGEMENT, INC 0.15% of their portfolio ST PAUL, MN 169,800169.8k $4.9m $4.9m 0.15% Unchanged
77 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 161,709161.7k $4.7m $4.7m 0.01% Added +31.8k +31,803
78 UBS Group AG 0.00% of their portfolio ZURICH, V8 160,926160.9k $4.6m $4.6m 0.00% Reduced -1.1k -1,076
79 MOSAIC FAMILY WEALTH PARTNERS, LLC 0.63% of their portfolio ST. LOUIS, MO 153,473153.5k $4.4m $4.4m 0.63% Reduced -3.6k -3,588
80 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 153,330153.3k $4.4m $4.4m 0.00% Added +13.0k +12,979
81 Family Legacy, Inc. 1.51% of their portfolio GREENVILLE, SC 152,496152.5k $4.4m $4.4m 1.51% Added +3.8k +3,772
82 MONEY CONCEPTS CAPITAL CORP 0.33% of their portfolio PALM BEACH GARDENS, FL 151,841151.8k $4.4m $4.4m 0.33% Added +4.4k +4,408
83 Sebold Capital Management, Inc. 2.83% of their portfolio LISLE, IL 149,311149.3k $4.3m $4.3m 2.83% Added +33.4k +33,445
84 Darwin Wealth Management, LLC 1.39% of their portfolio TAMPA, FL 144,194144.2k $4.1m $4.1m 1.39% Unchanged
85 Atria Wealth Solutions, Inc. 0.05% of their portfolio NEW YORK, NY 142,709142.7k $4.1m $4.1m 0.05% Added +68.7k +68,686
86 KESTRA PRIVATE WEALTH SERVICES, LLC 0.06% of their portfolio AUSTIN, TX 128,336128.3k $3.7m $3.7m 0.06% Added +25.0k +25,028
87 INSIGNEO ADVISORY SERVICES, LLC 0.38% of their portfolio MIAMI, FL 128,212128.2k $3.7m $3.7m 0.38% Added +14.5k +14,541
88 Frank, Rimerman Advisors LLC 0.29% of their portfolio Palo Alto, CA 126,485126.5k $3.7m $3.7m 0.29% Reduced -11.1k -11,068
89 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 125,515125.5k $3.6m $3.6m 0.00% Reduced -7.1k -7,087
90 Advyzon Investment Management, LLC 1.27% of their portfolio LISLE, IL 124,350124.3k $3.6m $3.6m 1.27% Reduced -90.6k -90,582
91 Towneley Capital Management, Inc / DE 0.83% of their portfolio LAGUNA HILLS, CA 122,805122.8k $3.5m $3.5m 0.83% Added +4.1k +4,086
92 CW Advisors, LLC 0.04% of their portfolio BOSTON, MA 121,773121.8k $3.5m $3.5m 0.04% Added +2.2k +2,208
93 Accel Wealth Management 1.25% of their portfolio WAVERLY, IA 119,945119.9k $3.5m $3.5m 1.25% Added +22 +22
94 PRINCIPAL SECURITIES, INC. 0.08% of their portfolio DES MOINES, IA 119,813119.8k $3.4m $3.4m 0.08% Added +6.7k +6,693
95 SILVIA MCCOLL WEALTH MANAGEMENT, LLC 2.60% of their portfolio SAN DIEGO, CA 118,652118.7k $3.4m $3.4m 2.60% Added +1.9k +1,941
96 Steward Partners Investment Advisory, LLC 0.03% of their portfolio STAMFORD, CT 117,107117.1k $3.4m $3.4m 0.03% Added +25.1k +25,059
97 CONGRESS ASSET MANAGEMENT CO 0.02% of their portfolio BOSTON, MA 115,739115.7k $3.3m $3.3m 0.02% Reduced -3.1k -3,132
98 Prosperity Consulting Group, LLC 0.25% of their portfolio OWINGS MILLS, MD 111,459111.5k $3.2m $3.2m 0.25% Added +11.4k +11,396
99 Graney & King, LLC 2.37% of their portfolio LATHAM, NY 110,290110.3k $3.2m $3.2m 2.37% Added +6.6k +6,552
100 Stewardship Advisors, LLC 0.86% of their portfolio MOUNT JOY, PA 109,825109.8k $3.2m $3.2m 0.86% Added +3.4k +3,440