Vault-13

VANECK ETF TRUST ANGL

FALLEN ANGEL HG · ETP · CUSIP 92189F437

320 institutional holders -26 vs Q4 2025
73,036,02273.0m shares reported held*
$2.1bnreported value*
29 new 135 added 105 reduced 49 sold out net bought ≈ $175.9k (-258.6k 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 ($767.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $29.05.

Trends to Q1 2026

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: 349Q2 25: 338Q3 25: 325Q4 25: 346Q1 26: 320320Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022284
Q4 2022322
Q1 2023319
Q2 2023317
Q3 2023311
Q4 2023347
Q1 2024345
Q2 2024340
Q3 2024349
Q4 2024348
Q1 2025349
Q2 2025338
Q3 2025325
Q4 2025346
Q1 2026320

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 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 25Q2 25: 149 bought or addedQ2 25: 170 cut or sold outQ3 25: 170 bought or addedQ3 25: 134 cut or sold outQ3 25Q4 25: 174 bought or addedQ4 25: 130 cut or sold outQ1 26: 164 bought or addedQ1 26: 154 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024167161
Q3 2024176144
Q4 2024177132
Q1 2025180146
Q2 2025149170
Q3 2025170134
Q4 2025174130
Q1 2026164154

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ2 25 calls: $532.9kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —
Numbers
QuarterCallsPutsP/C
Q2 2025$532.9k$00.00
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$0$0—

Biggest buyers

MORGAN STANLEY Added +1,201,769+1.2m
Integrated Wealth Concepts LLC Added +760,132+760.1k
LPL Financial LLC Added +532,031+532.0k
Pioneer Family Office, LLC New +454,099+454.1k
GOLDMAN SACHS GROUP INC Added +430,512+430.5k
Janney Montgomery Scott LLC Added +408,373+408.4k
WELLS FARGO & COMPANY/MN Added +340,029+340.0k
JANE STREET GROUP, LLC New +249,999+250.0k
Tidal Investments LLC New +243,349+243.3k
NBT BANK, N.A. Added +191,303+191.3k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -1,655,599-1.7m
Ocean Park Asset Management, LLC Sold out -812,100-812.1k
Horizon Investments, LLC Reduced -542,643-542.6k
Pioneer Family Office, LLC Sold out -461,154-461.2k
Storen Legacy Partners, LLC Reduced -375,038-375.0k
Elevation Capital Advisory, LLC Sold out -368,570-368.6k
AE Wealth Management LLC Reduced -340,234-340.2k
Thrivent Financial for Lutherans Reduced -276,950-276.9k
NATIONAL BANK OF CANADA /FI/ Sold out -198,374-198.4k
Kensington Asset Management, LLC Reduced -150,000-150.0k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 18,198,66118.2m $522.7m $522.7m 0.04% Reduced -1.7m -1,655,599
2 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 4,921,7304.9m $141.4m $141.4m 0.04% Added +532.0k +532,031
3 Capital Investment Advisors, LLC 1.60% of their portfolio ATLANTA, GA 3,805,5923.8m $109.3m $109.3m 1.60% Added +147.6k +147,613
4 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,770,3273.8m $108.3m $108.3m 0.01% Added +1.2m +1,201,769
5 Cerity Partners LLC 0.14% of their portfolio NEW YORK, NY 3,485,3693.5m $100.1m $100.1m 0.14% Added +150.6k +150,586
6 SOUTHERN FARM BUREAU LIFE INSURANCE 7.84% of their portfolio JACKSON, MS 2,587,5122.6m $74.3m $74.3m 7.84% Unchanged
7 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 2,300,6932.3m $66.1m $66.1m 0.01% Added +340.0k +340,029
8 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,436,2221.4m $41.2m $41.2m 0.01% Reduced -6.8k -6,846
9 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,300,3391.3m $37.3m $37.3m 0.01% Added +131.2k +131,174
10 1832 Asset Management L.P. 0.05% of their portfolio TORONTO, A6 1,287,9441.3m $37.0m $37.0m 0.05% Added +44.7k +44,723
11 Kensington Asset Management, LLC 1.95% of their portfolio AUSTIN, TX 1,244,4301.2m $35.7m $35.7m 1.95% Reduced -150.0k -150,000
12 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 893,145893.1k $26.2m $26.2m 0.01% Reduced -73.9k -73,870
13 EVERGREEN CAPITAL MANAGEMENT LLC 0.50% of their portfolio Bellevue, WA 794,294794.3k $22.8m $22.8m 0.50% Added +12.4k +12,384
14 Integrated Wealth Concepts LLC 0.18% of their portfolio WALTHAM, MA 787,026787.0k $22.6m $22.6m 0.18% Added +760.1k +760,132
15 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 731,693731.7k $21.0m $21.0m 0.01% Reduced -11.1k -11,086
16 Wealthcare Advisory Partners LLC 0.38% of their portfolio WEST CHESTER, PA 688,836688.8k $19.8m $19.8m 0.38% Added +17.5k +17,466
17 HOWARD FINANCIAL SERVICES, LTD. 2.16% of their portfolio DALLAS, TX 669,176669.2k $19.2m $19.2m 2.16% Added +53.6k +53,633
18 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 570,612570.6k $16.4m $16.4m 0.00% Added +430.5k +430,512
19 SCOTIA CAPITAL INC. 0.07% of their portfolio TORONTO, A6 551,275551.3k $15.8m $15.8m 0.07% Reduced -55.8k -55,791
20 Strategic Wealth Investment Group, LLC 2.00% of their portfolio LOUISVILLE, KY 549,395549.4k $15.8m $15.8m 2.00% Added +21.2k +21,188
21 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 546,182546.2k $15.7m $15.7m 0.02% Reduced -4.3k -4,312
22 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 521,010521.0k $15.0m $15.0m 0.00% Added +17.7k +17,666
23 GUGGENHEIM CAPITAL LLC 0.12% of their portfolio CHICAGO, IL 504,477504.5k $14.5m $14.5m 0.12% Added +33.7k +33,670
24 American Financial Advisors, LLC 1.89% of their portfolio Marietta, GA 493,740493.7k $14.2m $14.2m 1.89% Reduced -4.0k -3,990
25 CYPRESS FINANCIAL PLANNING LLC 3.94% of their portfolio HADDON HEIGHTS, NJ 492,846492.8k $14.2m $14.2m 3.94% Added +25.4k +25,448
26 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 480,849480.8k $13.8m $13.8m 0.01% Added +36.7k +36,662
27 Summit Financial, LLC 0.17% of their portfolio PARSIPPANY, NJ 472,830472.8k $13.6m $13.6m 0.17% Added +16.2k +16,222
28 Pioneer Family Office, LLC 8.38% of their portfolio NORTH MIAMI BEACH, FL 454,099454.1k $13.0m $13.0m 8.38% New
29 Philadelphia Investment Partners, LLC 8.47% of their portfolio Voorhees, NJ 433,748433.7k $12.5m $12.5m 8.47% First filing
30 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 433,373433.4k $12.4m $12.4m 0.03% Added +408.4k +408,373
31 Allworth Financial LP 0.05% of their portfolio FOLSOM, CA 430,246430.2k $12.4m $12.4m 0.05% Added +28.3k +28,310
32 Destiny Wealth Partners, LLC 1.25% of their portfolio TAVARES, FL 397,154397.2k $11.4m $11.4m 1.25% Added +4.9k +4,879
33 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 394,383394.4k $11.2m $11.2m 0.01% Added +21.5k +21,478
34 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 371,596371.6k $10.7m $10.7m 0.01% Reduced -584 -584
35 Melone Private Wealth, LLC 4.23% of their portfolio AUBURN HILLS, MI 360,610360.6k $10.4m $10.4m 4.23% Added +7.7k +7,685
36 KESTRA PRIVATE WEALTH SERVICES, LLC 0.12% of their portfolio AUSTIN, TX 325,035325.0k $9.3m $9.3m 0.12% Added +108.7k +108,748
37 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 324,896324.9k $9.4m $9.4m 0.02% Reduced -89.2k -89,178
38 WCG Wealth Advisors LLC 0.25% of their portfolio LAS VEGAS, NV 312,057312.1k $9.0m $9.0m 0.25% Added +15.5k +15,525
39 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 309,270309.3k $8.9m $8.9m 0.02% Added +5.1k +5,120
40 Symphony Financial, Ltd. Co. 1.16% of their portfolio HOUSTON, TX 305,273305.3k $8.7m $8.7m 1.16% Added +8.2k +8,157
41 Ancora Advisors LLC 0.18% of their portfolio Cleveland, OH 297,617297.6k $8.5m $8.5m 0.18% Added +24.5k +24,540
42 SHEPHERD KAPLAN KROCHUK, LLC 6.85% of their portfolio Boston, MA 283,797283.8k $8.2m $8.2m 6.85% Reduced -14.5k -14,473
43 Graney & King, LLC 4.35% of their portfolio LATHAM, NY 280,762280.8k $8.1m $8.1m 4.35% Added +15.3k +15,251
44 WRAPMANAGER INC 2.73% of their portfolio MILL VALLEY, CA 273,636273.6k $7.9m $7.9m 2.73% Added +51.9k +51,900
45 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 249,999250.0k $7.2m $7.2m 0.01% New
46 Allianz SE 0.08% of their portfolio Munich, 2M 248,042248.0k $7.1m $7.1m 0.08% Unchanged
47 Emissary Wealth LLC 6.59% of their portfolio HACKENSACK, NJ 244,897244.9k $7.0m $7.0m 6.59% Added +13.5k +13,488
48 Tidal Investments LLC 0.02% of their portfolio Milwaukee, WI 243,349243.3k $7.0m $7.0m 0.02% New
49 Atlantic Edge Private Wealth Management, LLC 1.67% of their portfolio JACKSONVILLE, FL 236,084236.1k $6.8m $6.8m 1.67% Added +19.2k +19,184
50 CONNING INC. 0.22% of their portfolio HARTFORD, CT 233,570233.6k $6.7m $6.7m 0.22% Added +136.3k +136,303
51 FAS Wealth Partners, Inc. 0.42% of their portfolio LEAWOOD, KS 233,554233.6k $6.7m $6.7m 0.42% Added +1.2k +1,179
52 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 224,309224.3k $6.4m $6.4m 0.02% Reduced -4.1k -4,071
53 OneDigital Investment Advisors LLC 0.06% of their portfolio OVERLAND PARK, KS 223,248223.2k $6.4m $6.4m 0.06% Added +4.4k +4,438
54 MONEY CONCEPTS CAPITAL CORP 0.33% of their portfolio PALM BEACH GARDENS, FL 208,220208.2k $6.0m $6.0m 0.33% Added +8.0k +8,046
55 Napier Financial, LLC 1.34% of their portfolio BRAINTREE, MA 203,245203.2k $5.8m $5.8m 1.34% Reduced -9 -9
56 Plan Group Financial, LLC 1.35% of their portfolio OKLAHOMA CITY, OK 200,613200.6k $5.8m $5.8m 1.35% Added +14.7k +14,725
57 NBT BANK, N.A. 0.37% of their portfolio NORWICH, NY 198,572198.6k $5.7m $5.7m 0.37% Added +191.3k +191,303
58 AE Wealth Management LLC 0.03% of their portfolio TOPEKA, KS 197,981198.0k $5.7m $5.7m 0.03% Reduced -340.2k -340,234
59 Storen Legacy Partners, LLC 1.75% of their portfolio ZIONSVILLE, IN 194,664194.7k $5.6m $5.6m 1.75% Reduced -375.0k -375,038
60 Envestnet Portfolio Solutions, Inc. 0.03% of their portfolio BERWYN, PA 191,770191.8k $5.5m $5.5m 0.03% Added +43.7k +43,749
61 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 187,603187.6k $5.3m $5.3m 0.00% Added +15.8k +15,850
62 Eddie Patel Inc 4.04% of their portfolio CHICAGO, IL 183,083183.1k $5.3m $5.3m 4.04% New
63 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 182,379182.4k $5.2m $5.2m 0.01% Unchanged
64 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 180,828180.8k $5.2m $5.2m 0.00% Added +9.5k +9,485
65 Steward Partners Investment Advisory, LLC 0.03% of their portfolio STAMFORD, CT 177,783177.8k $5.1m $5.1m 0.03% Reduced -3.6k -3,648
66 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 175,269175.3k $5.0m $5.0m 0.01% Reduced -101.5k -101,534
67 Echo45 Advisors LLC 2.62% of their portfolio WALNUT CREEK, CA 162,413162.4k $4.7m $4.7m 2.62% Added +7.2k +7,215
68 Family Legacy, Inc. 1.39% of their portfolio GREENVILLE, SC 161,241161.2k $4.6m $4.6m 1.39% Added +4.4k +4,413
69 MOSAIC FAMILY WEALTH PARTNERS, LLC 0.46% of their portfolio ST. LOUIS, MO 155,455155.5k $4.5m $4.5m 0.46% Added +2.9k +2,939
70 UBS Group AG 0.00% of their portfolio ZURICH, V8 150,778150.8k $4.3m $4.3m 0.00% Reduced -6.6k -6,593
71 INSIGNEO ADVISORY SERVICES, LLC 0.31% of their portfolio MIAMI, FL 149,346149.3k $4.3m $4.3m 0.31% Reduced -94 -94
72 PRINCIPAL SECURITIES, INC. 0.06% of their portfolio DES MOINES, IA 145,600145.6k $4.2m $4.2m 0.06% Added +12.7k +12,678
73 Advyzon Investment Management, LLC 0.37% of their portfolio LISLE, IL 143,914143.9k $4.1m $4.1m 0.37% Reduced -3.8k -3,846
74 RiverFront Investment Group, LLC 0.06% of their portfolio RICHMOND, VA 142,121142.1k $4.1m $4.1m 0.06% Added +9.5k +9,539
75 Hershey Financial Advisers, LLC 3.52% of their portfolio LANCASTER, PA 142,113142.1k $4.1m $4.1m 3.52% New
76 Lido Advisors, LLC 0.02% of their portfolio Los Angeles, CA 136,841136.8k $3.9m $3.9m 0.02% Reduced -43.1k -43,116
77 Towneley Capital Management, Inc / DE 0.82% of their portfolio LAGUNA HILLS, CA 136,038136.0k $3.9m $3.9m 0.82% Added +3.5k +3,510
78 Stewardship Advisors, LLC 0.89% of their portfolio MOUNT JOY, PA 134,695134.7k $3.9m $3.9m 0.89% Added +10.2k +10,151
79 GFS Advisors, LLC 0.81% of their portfolio HOUSTON, TX 133,573133.6k $12.7m $12.7m 0.81% Added +109.1k +109,141
80 Darrow Company, Inc. 1.63% of their portfolio Needham, MA 125,940125.9k $3.6m $3.6m 1.63% Added +14.4k +14,361
81 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 125,754125.8k $3.6m $3.6m 0.00% Added +14.5k +14,528
82 Frank, Rimerman Advisors LLC 0.24% of their portfolio Palo Alto, CA 125,518125.5k $3.6m $3.6m 0.24% Unchanged
83 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 123,157123.2k $3.5m $3.5m 0.00% Added +917 +917
84 KICKSTAND VENTURES, LLC. 0.73% of their portfolio PITTSFORD, NY 120,601120.6k $3.5m $3.5m 0.73% New
85 SILVIA MCCOLL WEALTH MANAGEMENT, LLC 2.26% of their portfolio SAN DIEGO, CA 119,422119.4k $3.4m $3.4m 2.26% Reduced -967 -967
86 Performa Ltd (US), LLC 0.77% of their portfolio CHARLESTON, SC 119,217119.2k $3.4m $3.4m 0.77% Unchanged
87 Accel Wealth Management 0.88% of their portfolio WAVERLY, IA 117,895117.9k $3.4m $3.4m 0.88% Reduced -6.0k -6,016
88 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 115,988116.0k $3.3m $3.3m 0.00% Added +6.1k +6,077
89 Triton Financial Group Inc 5.82% of their portfolio Oklahoma City, OK 114,978115.0k $3.3m $3.3m 5.82% Added +54.9k +54,936
90 Piedmont Capital Management, LLC 1.67% of their portfolio WHITEFISH, MT 113,524113.5k $3.3m $3.3m 1.67% Added +5.0k +4,970
91 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 111,857111.9k $3.2m $3.2m 0.01% Added +2.1k +2,057
92 Betterment LLC 0.01% of their portfolio NEW YORK, NY 111,729111.7k $3.2m $3.2m 0.01% Reduced -2.5k -2,527
93 IAMS WEALTH MANAGEMENT, LLC 1.12% of their portfolio OMAHA, NE 111,709111.7k $3.2m $3.2m 1.12% Reduced -27.9k -27,937
94 IHT Wealth Management, LLC 0.07% of their portfolio Chicago, IL 109,603109.6k $3.1m $3.1m 0.07% Added +9.6k +9,598
95 OpenArc Corporate Advisory, LLC 0.04% of their portfolio ATLANTA, GA 108,422108.4k $3.1m $3.1m 0.04% Reduced -82.6k -82,629
96 WHITE PINE CAPITAL LLC 0.42% of their portfolio BLOOMINGTON, MN 105,224105.2k $3.0m $3.0m 0.42% Added +54.2k +54,186
97 Wealthfront Advisers LLC 0.01% of their portfolio Palo Alto, CA 103,688103.7k $3.0m $3.0m 0.01% Reduced -13.9k -13,943
98 CONGRESS ASSET MANAGEMENT CO 0.02% of their portfolio BOSTON, MA 99,74399.7k $2.9m $2.9m 0.02% Added +210 +210
99 Kingsview Wealth Management, LLC 0.04% of their portfolio GRANTS PASS, OR 96,85796.9k $2.8m $2.8m 0.04% New
100 Financial Partners Group, Inc 0.31% of their portfolio Overland Park, KS 90,87090.9k $2.6m $2.6m 0.31% Reduced -5.8k -5,840