Vault-13

VANECK ETF TRUST NLR

URANIUM AND NUCL · ETP · CUSIP 92189F601

439 institutional holders +73 vs Q3 2025
12,509,93212.5m shares reported held*
$1.6bnreported value*
87 new 222 added 60 reduced 36 sold out net bought ≈ $295.5m (+2.4m 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. Holder counts are more reliable. Implied quarter-end price ≈ $124.68. Options: 9 managers hold calls ($124.0m notional), 4 hold puts ($14.2m).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 22Q4 22: 26Q1 23: 30Q2 23: 28Q3 23: 45Q4 23: 61Q1 24: 54Q2 24: 77Q3 24: 81Q4 24: 179Q1 25: 226Q2 25: 274Q3 25: 366Q4 25: 439439Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202222
Q4 202226
Q1 202330
Q2 202328
Q3 202345
Q4 202361
Q1 202454
Q2 202477
Q3 202481
Q4 2024179
Q1 2025226
Q2 2025274
Q3 2025366
Q4 2025439

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 24 bought or addedQ1 24: 31 cut or sold outQ2 24: 56 bought or addedQ2 24: 11 cut or sold outQ2 24Q3 24: 51 bought or addedQ3 24: 31 cut or sold outQ4 24: 148 bought or addedQ4 24: 16 cut or sold outQ4 24Q1 25: 161 bought or addedQ1 25: 49 cut or sold outQ2 25: 185 bought or addedQ2 25: 76 cut or sold outQ2 25Q3 25: 282 bought or addedQ3 25: 57 cut or sold outQ4 25: 309 bought or addedQ4 25: 96 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20242431
Q2 20245611
Q3 20245131
Q4 202414816
Q1 202516149
Q2 202518576
Q3 202528257
Q4 202530996

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ1 25 calls: $36.9mQ1 25 puts: $1.8mQ1 25P/C 0.05Q2 25 calls: $40.4mQ2 25 puts: $35.3mQ2 25P/C 0.87Q3 25 calls: $91.5mQ3 25 puts: $13.6mQ3 25P/C 0.15Q4 25 calls: $124.0mQ4 25 puts: $14.2mQ4 25P/C 0.11
Numbers
QuarterCallsPutsP/C
Q1 2025$36.9m$1.8m0.05
Q2 2025$40.4m$35.3m0.87
Q3 2025$91.5m$13.6m0.15
Q4 2025$124.0m$14.2m0.11

Biggest buyers

LPL Financial LLC Added +313,143+313.1k
MORGAN STANLEY Added +168,224+168.2k
Bouchey Financial Group, Ltd. New +131,760+131.8k
WELLS FARGO & COMPANY/MN Added +123,519+123.5k
RAYMOND JAMES FINANCIAL INC Added +96,120+96.1k
Thrivent Financial for Lutherans Added +88,560+88.6k
Itau Unibanco Holding S.A. New +84,755+84.8k
D. E. Shaw & Co., Inc. New +77,214+77.2k
Cetera Investment Advisers Added +74,961+75.0k
JONES FINANCIAL COMPANIES LLLP Added +59,487+59.5k

Biggest sellers

Kiker Wealth Management, LLC Reduced -74,671-74.7k
Price Capital Management, Inc. Reduced -54,720-54.7k
SCOPUS ASSET MANAGEMENT, L.P. Sold out -37,264-37.3k
Strategic Blueprint, LLC Sold out -23,131-23.1k
BARCLAYS PLC Reduced -20,855-20.9k
CreativeOne Wealth, LLC Reduced -18,696-18.7k
VestGen Advisors, LLC Reduced -16,224-16.2k
IMC-Chicago, LLC Sold out -13,980-14.0k
Telligent Fund, LP Sold out -13,200-13.2k
VAN ECK ASSOCIATES CORP Reduced -12,798-12.8k

Biggest calls

GROUP ONE TRADING LLC Added $83.4m737.3k shares
IMC-Chicago, LLC Reduced $21.3m186.9k shares
CITADEL ADVISORS LLC Added $8.6m69.5k shares
Point72 Asset Management, L.P. New $4.2m34.0k shares
JANE STREET GROUP, LLC Added $2.7m22.0k shares
Belvedere Trading LLC Reduced $2.7m21.9k shares
SG Americas Securities, LLC Unchanged $704.0k11.0k shares
JPMORGAN CHASE & CO Reduced $318.6k2.8k shares
Marathon Trading Investment Management LLC New $11.4k100 shares

Biggest puts

CITADEL ADVISORS LLC Added $5.4m43.2k shares
Belvedere Trading LLC Reduced $3.8m30.3k shares
Point72 Asset Management, L.P. New $3.2m25.4k shares
JANE STREET GROUP, LLC Reduced $2.0m15.8k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 1,871,9391.9m $232.5m $232.5m 0.06% Added +313.1k +313,143
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,133,8471.1m $140.8m $140.8m 0.01% Added +168.2k +168,224
3 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 870,228870.2k $108.1m $108.1m 0.01% Added +50.0k +50,041
4 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 535,693535.7k $66.5m $66.5m 0.02% Added +96.1k +96,120
5 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 400,689400.7k $49.8m $49.8m 0.05% Added +75.0k +74,961
6 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 383,711383.7k $47.7m $47.7m 0.01% Added +37.5k +37,464
7 UBS Group AG 0.01% of their portfolio ZURICH, V8 374,621374.6k $46.5m $46.5m 0.01% Added +47.2k +47,222
8 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 322,265322.3k $40.0m $40.0m 0.01% Added +123.5k +123,519
9 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 249,225249.2k $31.0m $31.0m 0.03% Added +25.5k +25,454
10 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 192,830192.8k $23.9m $23.9m 0.03% Added +56.1k +56,100
11 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 190,347190.3k $23.6m $23.6m 0.06% Added +47.8k +47,751
12 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 167,044167.0k $20.8m $20.8m 0.03% Added +12.1k +12,064
13 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 151,938151.9k $18.9m $18.9m 0.05% Added +45.1k +45,069
14 Rockport Wealth LLC 3.48% of their portfolio Fairview Park, OH 143,941143.9k $17.9m $17.9m 3.48% Reduced -1.1k -1,054
15 Private Advisor Group, LLC 0.08% of their portfolio MORRISTOWN, NJ 140,475140.5k $17.4m $17.4m 0.08% Added +2.6k +2,566
16 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 136,778136.8k $17.0m $17.0m 0.01% Added +59.5k +59,487
17 Bouchey Financial Group, Ltd. 1.23% of their portfolio TROY, NY 131,760131.8k $16.4m $16.4m 1.23% New
18 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 126,379126.4k $15.7m $15.7m 0.00% Added +45.1k +45,138
19 360 Financial, Inc. 4.40% of their portfolio WAYZATA, MN 117,111117.1k $14.5m $14.5m 4.40% Reduced -8.9k -8,867
20 Destiny Wealth Partners, LLC 1.81% of their portfolio TAVARES, FL 105,975106.0k $15.7m $15.7m 1.81% Added +1.8k +1,778
21 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 104,267104.3k $13.0m $13.0m 0.05% Added +8.9k +8,924
22 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 90,19090.2k $11.2m $11.2m 0.02% Added +88.6k +88,560
23 SAGE PRIVATE WEALTH GROUP, LLC 5.78% of their portfolio OAKBROOK TERRACE, IL 86,51386.5k $10.7m $10.7m 5.78% Added +5.7k +5,692
24 Itau Unibanco Holding S.A. 0.26% of their portfolio SAO PAULO, D5 84,75584.8k $10.5m $10.5m 0.26% New
25 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 81,34281.3k $10.1m $10.1m 0.01% Added +19.6k +19,632
26 ASSETMARK, INC 0.02% of their portfolio CONCORD, CA 77,86177.9k $9.7m $9.7m 0.02% Added +10.0k +10,032
27 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 77,21477.2k $9.6m $9.6m 0.01% New
28 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 77,10977.1k $9.6m $9.6m 0.01% Added +2.0k +2,009
29 Madrid Financial Services 6.83% of their portfolio MANHATTAN BEACH, CA 76,53476.5k $9.5m $9.5m 6.83% Added +6.0k +5,984
30 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 74,37074.4k $9.2m $9.2m 0.01% Reduced -12.8k -12,798
31 IFP Advisors, Inc 0.20% of their portfolio TAMPA, FL 71,34471.3k $8.9m $8.9m 0.20% Reduced -3.8k -3,826
32 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 64,67864.7k $8.0m $8.0m 0.01% Added +26.7k +26,720
33 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 63,64163.6k $7.9m $7.9m 0.03% Added +7.2k +7,236
34 McGuire Investment Group, LLC 0.82% of their portfolio WAKEFIELD, RI 62,04562.0k $7.7m $7.7m 0.82% Added +560 +560
35 SCS Capital Management LLC 0.08% of their portfolio BOSTON, MA 61,97462.0k $7.7m $7.7m 0.08% Added +2.6k +2,613
36 PCG Wealth Advisors, LLC 2.14% of their portfolio OVERLAND PARK, KS 60,83960.8k $7.6m $7.6m 2.14% Added +28.6k +28,580
37 Steward Partners Investment Advisory, LLC 0.04% of their portfolio STAMFORD, CT 57,90357.9k $7.2m $7.2m 0.04% Added +10.0k +10,033
38 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 56,97257.0k $7.1m $7.1m 0.00% Added +22.3k +22,321
39 Rafferty Asset Management, LLC 0.02% of their portfolio New York, NY 56,70556.7k $7.0m $7.0m 0.02% Added +32.7k +32,739
40 KCM INVESTMENT ADVISORS LLC 0.22% of their portfolio GREENBRAE, CA 56,05556.1k $7.0m $7.0m 0.22% Added +36.5k +36,500
41 KINGSWOOD WEALTH ADVISORS, LLC 0.33% of their portfolio SAN DIEGO, CA 55,15055.1k $6.8m $6.8m 0.33% Added +2.4k +2,435
42 Valmark Advisers, Inc. 0.08% of their portfolio AKRON, OH 54,97655.0k $6.8m $6.8m 0.08% New
43 Summit Financial, LLC 0.10% of their portfolio PARSIPPANY, NJ 54,43554.4k $6.8m $6.8m 0.10% Reduced -2.0k -1,952
44 Quadcap Wealth Management, LLC 0.75% of their portfolio Frisco, TX 52,89152.9k $6.6m $6.6m 0.75% Reduced -3.8k -3,797
45 Sowell Financial Services LLC 0.24% of their portfolio NORTH LITTLE ROCK, AR 52,17452.2k $6.5m $6.5m 0.24% Added +17.9k +17,889
46 Stonebridge Financial Group, LLC 0.55% of their portfolio Wormleysburg, PA 51,40851.4k $6.4m $6.4m 0.55% Added +687 +687
47 Evolution Wealth Advisors, LLC 0.62% of their portfolio AVENTURA, FL 49,55149.6k $6.2m $6.2m 0.62% New
48 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 48,36548.4k $6.0m $6.0m 0.01% Added +29.3k +29,327
49 OLD MISSION CAPITAL LLC 0.23% of their portfolio CHICAGO, IL 48,29948.3k $6.0m $6.0m 0.23% Added +19.9k +19,865
50 Kingsview Wealth Management, LLC 0.08% of their portfolio GRANTS PASS, OR 47,22647.2k $5.9m $5.9m 0.08% Added +45.0k +44,969
51 Cresset Asset Management, LLC 0.02% of their portfolio Chicago, IL 44,72744.7k $5.6m $5.6m 0.02% Added +993 +993
52 Capital Investment Advisors, LLC 0.08% of their portfolio ATLANTA, GA 44,32044.3k $5.5m $5.5m 0.08% Added +9.6k +9,600
53 Retirement Management Systems Inc. 1.41% of their portfolio STEVENSVILLE, MD 44,22644.2k $5.5m $5.5m 1.41% First filing
54 StoneCrest Wealth Management, Inc. 2.12% of their portfolio CHANDLER, AZ 42,24842.2k $5.2m $5.2m 2.12% Added +3.1k +3,148
55 EFG International AG 0.10% of their portfolio Zurich, V8 40,75740.8k $5.1m $5.1m 0.10% First filing
56 Sanctuary Advisors, LLC 0.03% of their portfolio INDIANAPOLIS, IN 40,68640.7k $5.1m $5.1m 0.03% Added +22.0k +22,047
57 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 39,57239.6k $5.5m $5.5m 0.01% Added +15.2k +15,156
58 Brookwood Investment Group LLC 0.58% of their portfolio PHOENIX, AZ 39,09539.1k $4.9m $4.9m 0.58% Added +1.5k +1,507
59 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 38,37238.4k $4.8m $4.8m 0.00% Reduced -5.5k -5,464
60 IHT Wealth Management, LLC 0.12% of their portfolio Chicago, IL 37,31337.3k $4.8m $4.8m 0.12% Added +3.4k +3,408
61 PRUDENTIAL PLC 0.04% of their portfolio LONDON, X0 37,00037.0k $4.6m $4.6m 0.04% Unchanged
62 CONSOLIDATED CAPITAL MANAGEMENT, LLC 1.39% of their portfolio BURBANK, CA 36,88936.9k $4.6m $4.6m 1.39% New
63 Heck Capital Advisors, LLC 0.33% of their portfolio Rhinelander, WI 36,07836.1k $4.5m $4.5m 0.33% Added +18.8k +18,844
64 Belvedere Trading LLC 0.78% of their portfolio CHICAGO, IL 33,79533.8k $4.2m $4.2m 0.78% Added +31.0k +30,968
65 Steele Capital Management, Inc. 0.18% of their portfolio DUBUQUE, IA 33,69533.7k $4.2m $4.2m 0.18% Added +12.0k +12,015
66 Paller Financial Services Inc 3.33% of their portfolio CENTENNIAL, CO 33,40233.4k $4.1m $4.1m 3.33% First filing
67 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 32,34232.3k $4.0m $4.0m 0.01% Added +9.8k +9,827
68 Schorn Wealth LLC 1.19% of their portfolio ENGLEWOOD, FL 31,66131.7k $3.9m $3.9m 1.19% Reduced -488 -488
69 Concurrent Investment Advisors, LLC 0.04% of their portfolio Tampa, FL 29,81829.8k $3.7m $3.7m 0.04% Reduced -63 -63
70 MinichMacGregor Wealth Management, LLC 0.64% of their portfolio Saratoga Springs, NY 28,46328.5k $3.5m $3.5m 0.64% Added +16.1k +16,111
71 Kraft, Davis & Associates, LLC 0.89% of their portfolio St. Louis, MO 28,06028.1k $4.0m $4.0m 0.89% Added +22.7k +22,716
72 SILVER OAK SECURITIES, INCORPORATED 0.23% of their portfolio JACKSON, TN 27,50927.5k $3.4m $3.4m 0.23% Added +17.3k +17,292
73 CreativeOne Wealth, LLC 0.08% of their portfolio OVERLAND PARK, KS 26,74626.7k $3.3m $3.3m 0.08% Reduced -18.7k -18,696
74 MONECO ADVISORS, LLC 0.26% of their portfolio FAIRFIELD, CT 26,42526.4k $3.3m $3.3m 0.26% Added +5.0k +5,004
75 Sterling Investment Advisors, Ltd. 0.60% of their portfolio BERWYN, PA 26,40026.4k $3.3m $3.3m 0.60% Added +1.0k +1,028
76 CWM, LLC 0.01% of their portfolio OMAHA, NE 26,05826.1k $3.2m $3.2m 0.01% Added +10.2k +10,207
77 Drake & Associates, LLC 0.63% of their portfolio WAUKESHA, WI 25,32225.3k $3.1m $3.1m 0.63% Added +4.2k +4,216
78 HARBOUR INVESTMENTS, INC. 0.06% of their portfolio MADISON, WI 25,22725.2k $3.1m $3.1m 0.06% Added +3.0k +3,014
79 Pettinga Financial Advisors LLC 0.59% of their portfolio EVANSVILLE, IN 25,14725.1k $3.1m $3.1m 0.59% Added +1.1k +1,098
80 Intesa Sanpaolo Wealth Management 0.64% of their portfolio LUXEMBOURG, N4 24,97025.0k $3.1m $3.1m 0.64% First filing
81 BIP Wealth, LLC 0.11% of their portfolio ATLANTA, GA 24,93724.9k $3.1m $3.1m 0.11% New
82 Equitable Holdings, Inc. 0.02% of their portfolio NEW YORK, NY 24,40524.4k $3.0m $3.0m 0.02% Added +8.3k +8,273
83 STRATEGY ASSET MANAGERS LLC 0.50% of their portfolio PASADENA, CA 24,35224.4k $3.0m $3.0m 0.50% Added +919 +919
84 Snowden Capital Advisors LLC 0.07% of their portfolio New York, NY 22,06922.1k $2.7m $2.7m 0.07% Added +2.5k +2,459
85 Snider Financial Group 0.73% of their portfolio BELLEVUE, WA 21,93921.9k $2.7m $2.7m 0.73% Reduced -836 -836
86 THEORY FINANCIAL LLC 1.10% of their portfolio FORT COLLINS, CO 21,93421.9k $3.3m $3.3m 1.10% Added +2.5k +2,454
87 Quadrature Capital Ltd 0.03% of their portfolio LONDON, X0 21,31721.3k $2.6m $2.6m 0.03% New
88 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 21,09721.1k $2.6m $2.6m 0.00% Added +18.5k +18,533
89 J.W. COLE ADVISORS, INC. 0.06% of their portfolio TAMPA, FL 20,93820.9k $2.6m $2.6m 0.06% Added +6.1k +6,105
90 WEDBUSH SECURITIES INC 0.07% of their portfolio PASADENA, CA 20,43120.4k $2.5m $2.5m 0.07% Added +5.2k +5,213
91 Dogwood Wealth Management LLC 1.08% of their portfolio LENEXA, KS 19,69919.7k $2.4m $2.4m 1.08% New
92 SMART Wealth LLC 0.74% of their portfolio Omaha, NE 19,64119.6k $2.4m $2.4m 0.74% Reduced -1.3k -1,292
93 Echo45 Advisors LLC 1.38% of their portfolio WALNUT CREEK, CA 19,44219.4k $2.4m $2.4m 1.38% New
94 Geneos Wealth Management Inc. 0.06% of their portfolio ENGLEWOOD, CO 19,40519.4k $2.4m $2.4m 0.06% Added +3.8k +3,806
95 Stonebridge Financial Planning Group, LLC 0.85% of their portfolio ORLANDO, FL 18,95219.0k $2.4m $2.4m 0.85% Added +5.9k +5,902
96 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 18,56218.6k $2.3m $2.3m 0.01% Added +517 +517
97 Capital Investment Advisory Services, LLC 0.16% of their portfolio RALEIGH, NC 18,20118.2k $2.3m $2.3m 0.16% Added +921 +921
98 CATHY PARETO & ASSOCIATES, INC 1.55% of their portfolio CORAL GABLES, FL 17,93317.9k $2.2m $2.2m 1.55% Added +3.5k +3,465
99 Modern Wealth Management, LLC 0.04% of their portfolio KANSAS CITY, MO 17,70017.7k $2.2m $2.2m 0.04% New
100 American Institute for Advanced Investment Management, LLP 1.39% of their portfolio Scottsdale, AZ 17,34917.3k $2.2m $2.2m 1.39% Added +238 +238