Vault-13

VANECK ETF TRUST MOAT

MRNGSTR WDE MOAT · ETP · CUSIP 92189F643

693 institutional holders -14 vs Q1 2025
81,708,67181.7m shares reported held*
$7.7bnreported value*
41 new 170 added 364 reduced 51 sold out net sold ≈ $876.0m (-9.3m 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 ($3.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $93.78. Options: 2 managers hold calls ($2.0m notional), 0 hold puts (—).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 352Q4 22: 374Q1 23: 381Q2 23: 460Q3 23: 522Q4 23: 617Q1 24: 633Q2 24: 661Q3 24: 673Q4 24: 715Q1 25: 707Q2 25: 693693Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022352
Q4 2022374
Q1 2023381
Q2 2023460
Q3 2023522
Q4 2023617
Q1 2024633
Q2 2024661
Q3 2024673
Q4 2024715
Q1 2025707
Q2 2025693

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q3 23: 340 bought or addedQ3 23: 140 cut or sold outQ4 23: 386 bought or addedQ4 23: 162 cut or sold outQ4 23Q1 24: 379 bought or addedQ1 24: 210 cut or sold outQ2 24: 335 bought or addedQ2 24: 254 cut or sold outQ2 24Q3 24: 328 bought or addedQ3 24: 266 cut or sold outQ4 24: 337 bought or addedQ4 24: 265 cut or sold outQ4 24Q1 25: 271 bought or addedQ1 25: 362 cut or sold outQ2 25: 211 bought or addedQ2 25: 415 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023340140
Q4 2023386162
Q1 2024379210
Q2 2024335254
Q3 2024328266
Q4 2024337265
Q1 2025271362
Q2 2025211415

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ3 24 calls: $3.1mQ3 24 puts: $727.1kQ3 24P/C 0.24Q4 24 calls: $2.6mQ4 24 puts: $667.6kQ4 24P/C 0.26Q1 25 calls: $3.3mQ1 25 puts: $827.2kQ1 25P/C 0.25Q2 25 calls: $2.0mQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$3.1m$727.1k0.24
Q4 2024$2.6m$667.6k0.26
Q1 2025$3.3m$827.2k0.25
Q2 2025$2.0m$00.00

Biggest buyers

ROYAL BANK OF CANADA Added +525,489+525.5k
UBS Group AG Added +281,255+281.3k
Boulay Financial Advisors, LLC Added +268,842+268.8k
ASSETMARK, INC Added +220,316+220.3k
Concurrent Investment Advisors, LLC Added +210,268+210.3k
Richmond Investment Services, LLC Added +143,156+143.2k
Rockefeller Capital Management L.P. Added +117,411+117.4k
FLPUTNAM INVESTMENT MANAGEMENT CO Added +114,789+114.8k
Apriem Advisors Added +111,314+111.3k
JONES FINANCIAL COMPANIES LLLP Added +110,413+110.4k

Biggest sellers

MORGAN STANLEY Reduced -1,048,596-1.0m
RAYMOND JAMES FINANCIAL INC Reduced -667,774-667.8k
Obermeyer Wealth Partners Reduced -615,158-615.2k
Brookstone Capital Management Reduced -548,074-548.1k
First International Bank & Trust Reduced -485,467-485.5k
BANK OF AMERICA CORP /DE/ Reduced -438,570-438.6k
LPL Financial LLC Reduced -425,365-425.4k
TTP Investments, Inc. Reduced -366,849-366.8k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -366,738-366.7k
Geneos Wealth Management Inc. Reduced -354,949-354.9k

Biggest calls

CITADEL ADVISORS LLC Added $1.4m15.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $515.8k5.5k shares

Biggest puts

None

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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 6,787,8276.8m $636.6m $636.6m 0.05% Reduced -438.6k -438,570
2 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 6,783,4966.8m $636.2m $636.2m 0.04% Reduced -1.0m -1,048,596
3 LPL Financial LLC 0.21% of their portfolio FORT MILL, SC 6,560,7996.6m $615.3m $615.3m 0.21% Reduced -425.4k -425,365
4 RAYMOND JAMES FINANCIAL INC 0.12% of their portfolio ST. PETERSBURG, FL 3,837,3393.8m $359.9m $359.9m 0.12% Reduced -667.8k -667,774
5 Mesirow Financial Investment Management, Inc. 4.88% of their portfolio CHICAGO, IL 2,668,5672.7m $250.3m $250.3m 4.88% Reduced -77.9k -77,874
6 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 2,406,6452.4m $225.7m $225.7m 0.05% Reduced -170.1k -170,052
7 Boulay Financial Advisors, LLC 29.40% of their portfolio EDEN PRAIRIE, MN 2,078,3512.1m $194.9m $194.9m 29.40% Added +268.8k +268,842
8 COMMONWEALTH EQUITY SERVICES, LLC 0.22% of their portfolio WALTHAM, MA 1,799,2191.8m $168.7m $168.7m 0.22% Reduced -310.0k -309,993
9 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,530,1481.5m $143.5m $143.5m 0.01% Added +525.5k +525,489
10 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,382,9241.4m $129.7m $129.7m 0.03% Added +281.3k +281,255
11 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 1,125,7421.1m $105.7m $105.7m 0.03% Reduced -336.9k -336,862
12 JONES FINANCIAL COMPANIES LLLP 0.07% of their portfolio DES PERES, MO 993,184993.2k $93.0m $93.0m 0.07% Added +110.4k +110,413
13 Provenance Wealth Advisors, LLC 12.38% of their portfolio FORT LAUDERDALE, FL 918,696918.7k $86.2m $86.2m 12.38% Reduced -196.0k -195,957
14 CWM, LLC 0.29% of their portfolio OMAHA, NE 882,889882.9k $82.8m $82.8m 0.29% Reduced -239.3k -239,343
15 FIRST FOUNDATION ADVISORS 3.05% of their portfolio Irvine, CA 876,292876.3k $82.2m $82.2m 3.05% Reduced -191.6k -191,616
16 SOUTHERN FARM BUREAU LIFE INSURANCE 10.14% of their portfolio JACKSON, MS 845,027845.0k $79.3m $79.3m 10.14% Unchanged
17 AVANTAX ADVISORY SERVICES, INC. 0.40% of their portfolio DALLAS, TX 774,216774.2k $72.6m $72.6m 0.40% Reduced -43.8k -43,832
18 Cambridge Investment Research Advisors, Inc. 0.21% of their portfolio FAIRFIELD, IA 737,123737.1k $69.1m $69.1m 0.21% Reduced -68.0k -67,985
19 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 715,951716.0k $67.1m $67.1m 0.02% Added +62.5k +62,513
20 Employees' Retirement Fund of the City of Fort Worth 26.60% of their portfolio FORT WORTH, TX 661,874661.9k $58.2m $58.2m 26.60% Unchanged
21 Whitaker-Myers Wealth Managers, LTD. 15.56% of their portfolio Mansfield, OH 658,546658.5k $61.8m $61.8m 15.56% Added +39.7k +39,723
22 SFMG, LLC 4.34% of their portfolio PLANO, TX 616,184616.2k $57.8m $57.8m 4.34% Added +12.6k +12,590
23 Cetera Investment Advisers 0.10% of their portfolio SCHAUMBURG, IL 612,177612.2k $57.4m $57.4m 0.10% Reduced -194.5k -194,473
24 OSAIC HOLDINGS, INC. 0.10% of their portfolio SCOTTSDALE, AZ 607,155607.2k $57.0m $57.0m 0.10% Reduced -107.8k -107,850
25 HighTower Advisors, LLC 0.07% of their portfolio CHICAGO, IL 604,739604.7k $56.7m $56.7m 0.07% Reduced -12.5k -12,502
26 Verde Capital Management 13.61% of their portfolio CLARKSTON, MI 587,865587.9k $55.1m $55.1m 13.61% Added +28.4k +28,413
27 Apexium Financial, LP 2.91% of their portfolio Dallas, TX 585,101585.1k $54.9m $54.9m 2.91% Added +7.0k +6,975
28 OneDigital Investment Advisors LLC 0.57% of their portfolio OVERLAND PARK, KS 551,715551.7k $51.7m $51.7m 0.57% Reduced -51.6k -51,564
29 Kelman-Lazarov, Inc. 8.32% of their portfolio MEMPHIS, TN 547,529547.5k $51.4m $51.4m 8.32% Added +10.4k +10,448
30 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 545,763545.8k $51.2m $51.2m 0.04% Reduced -366.7k -366,738
31 CEERA INVESTMENTS, LLC 14.71% of their portfolio BELLAIRE, TX 511,976512.0k $48.0m $48.0m 14.71% Reduced -11.4k -11,385
32 FINANCIAL MANAGEMENT NETWORK INC 8.68% of their portfolio MISSION VIEJO, CA 500,000500.0k $48.4m $48.4m 8.68% Reduced -3.0k -2,966
33 STIFEL FINANCIAL CORP 0.04% of their portfolio ST. LOUIS, MO 488,544488.5k $45.8m $45.8m 0.04% Reduced -13.7k -13,681
34 Leelyn Smith, LLC 7.44% of their portfolio GENEVA, IL 483,503483.5k $45.3m $45.3m 7.44% Reduced -4.9k -4,944
35 Apriem Advisors 4.60% of their portfolio IRVINE, CA 460,995461.0k $43.2m $43.2m 4.60% Added +111.3k +111,314
36 REGATTA CAPITAL GROUP, LLC 7.39% of their portfolio EL SEGUNDO, CA 458,699458.7k $43.0m $43.0m 7.39% Reduced -75.5k -75,513
37 CAHILL FINANCIAL ADVISORS INC 5.22% of their portfolio EDINA, MN 448,799448.8k $42.1m $42.1m 5.22% Reduced -4.9k -4,933
38 Harbor Group, Inc. 7.26% of their portfolio BEDFORD, NH 436,493436.5k $40.9m $40.9m 7.26% Added +27.0k +27,020
39 Private Advisor Group, LLC 0.21% of their portfolio MORRISTOWN, NJ 412,204412.2k $38.7m $38.7m 0.21% Reduced -63.3k -63,301
40 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.06% of their portfolio PLYMOUTH, MN 398,233398.2k $38.6m $38.6m 0.06% Reduced -134.6k -134,600
41 STEPHENS INC /AR/ 0.51% of their portfolio LITTLE ROCK, AR 391,831391.8k $36.7m $36.7m 0.51% Reduced -6.8k -6,752
42 JNBA Financial Advisors 3.53% of their portfolio BLOOMINGTON, MN 391,605391.6k $36.7m $36.7m 3.53% Reduced -257.9k -257,899
43 Mirae Asset Global Investments Co., Ltd. 0.13% of their portfolio SEOUL, M5 384,000384.0k $36.0m $36.0m 0.13% Unchanged
44 G2 CAPITAL MANAGEMENT, LLC / OH 9.89% of their portfolio COLUMBUS, OH 375,332375.3k $35.2m $35.2m 9.89% Added +8.7k +8,705
45 Summit Asset Management, LLC 5.73% of their portfolio MEMPHIS, TN 375,034375.0k $35.2m $35.2m 5.73% Added +2.0k +2,040
46 LEVEL FOUR ADVISORY SERVICES, LLC 1.24% of their portfolio DALLAS, TX 357,975358.0k $33.6m $33.6m 1.24% Added +6.2k +6,198
47 Cerity Partners LLC 0.06% of their portfolio NEW YORK, NY 335,445335.4k $31.5m $31.5m 0.06% Reduced -4.2k -4,179
48 Brookstone Capital Management 0.40% of their portfolio WHEATON, IL 328,477328.5k $30.8m $30.8m 0.40% Reduced -548.1k -548,074
49 Ancora Advisors LLC 0.62% of their portfolio Cleveland, OH 318,291318.3k $29.9m $29.9m 0.62% Added +19.0k +18,957
50 Geneos Wealth Management Inc. 0.73% of their portfolio ENGLEWOOD, CO 316,538316.5k $29.7m $29.7m 0.73% Reduced -354.9k -354,949
51 Richmond Investment Services, LLC 6.20% of their portfolio Mequon, WI 312,899312.9k $29.3m $29.3m 6.20% Added +143.2k +143,156
52 Planned Solutions, Inc. 10.95% of their portfolio FOLSOM, CA 303,887303.9k $28.5m $28.5m 10.95% Added +4.8k +4,811
53 ASSETMARK, INC 0.06% of their portfolio CONCORD, CA 291,184291.2k $27.3m $27.3m 0.06% Added +220.3k +220,316
54 Tanager Wealth Management LLP 3.02% of their portfolio Goring On Thames, X0 272,580272.6k $25.6m $25.6m 3.02% Reduced -223.3k -223,269
55 Virtus Wealth Solutions LLC 5.18% of their portfolio CRANFORD, NJ 267,876267.9k $25.1m $25.1m 5.18% Reduced -383 -383
56 Buttonwood Financial Advisors Inc. 10.06% of their portfolio BALTIMORE, MD 267,249267.2k $25.1m $25.1m 10.06% Reduced -6.1k -6,083
57 Obermeyer Wealth Partners 1.24% of their portfolio ASPEN, CO 266,054266.1k $25.0m $25.0m 1.24% Reduced -615.2k -615,158
58 Foguth Wealth Management, LLC. 5.09% of their portfolio BRIGHTON, MI 253,582253.6k $23.8m $23.8m 5.09% Reduced -51.0k -50,999
59 Signal Advisors Wealth, LLC 1.83% of their portfolio DETROIT, MI 250,011250.0k $23.4m $23.4m 1.83% Reduced -37.9k -37,912
60 Concurrent Investment Advisors, LLC 0.45% of their portfolio Tampa, FL 247,757247.8k $23.2m $23.2m 0.45% Added +210.3k +210,268
61 Summit Financial, LLC 0.52% of their portfolio PARSIPPANY, NJ 246,382246.4k $23.1m $23.1m 0.52% Reduced -12.6k -12,646
62 Visionary Wealth Advisors 1.17% of their portfolio O'FALLON, IL 243,611243.6k $22.8m $22.8m 1.17% Reduced -33.5k -33,517
63 KESTRA PRIVATE WEALTH SERVICES, LLC 0.33% of their portfolio AUSTIN, TX 243,476243.5k $22.8m $22.8m 0.33% Reduced -13.9k -13,913
64 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 237,366237.4k $22.3m $22.3m 0.03% Added +117.4k +117,411
65 Beaumont Asset Management, L.L.C. 11.73% of their portfolio BEAUMONT, TX 232,928232.9k $21.8m $21.8m 11.73% Reduced -16.6k -16,567
66 Activest Wealth Management 5.20% of their portfolio AVENTURA, FL 230,122230.1k $21.6m $21.6m 5.20% Reduced -3.1k -3,103
67 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 229,821229.8k $21.6m $21.6m 0.02% Reduced -15.7k -15,734
68 Dynamic Advisor Solutions LLC 0.66% of their portfolio PHOENIX, AZ 227,611227.6k $21.3m $21.3m 0.66% Added +3.5k +3,474
69 Prospera Financial Services Inc 0.39% of their portfolio Dallas, TX 223,339223.3k $20.9m $20.9m 0.39% Reduced -559 -559
70 Ethos Financial Group, LLC 1.79% of their portfolio KING OF PRUSSIA, PA 222,102222.1k $20.8m $20.8m 1.79% Reduced -16.0k -15,961
71 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 218,012218.0k $20.4m $20.4m 0.06% Reduced -39.1k -39,130
72 Berkshire Money Management, Inc. 2.09% of their portfolio DALTON, MA 211,852211.9k $19.9m $19.9m 2.09% Reduced -42.1k -42,143
73 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 209,343209.3k $19.6m $19.6m 0.00% Added +1.0k +1,018
74 Sequoia Financial Advisors, LLC 0.13% of their portfolio Akron, OH 208,088208.1k $19.5m $19.5m 0.13% Reduced -16.8k -16,827
75 Wealthcare Advisory Partners LLC 0.44% of their portfolio WEST CHESTER, PA 205,235205.2k $19.2m $19.2m 0.44% Added +14.8k +14,751
76 Steward Partners Investment Advisory, LLC 0.15% of their portfolio STAMFORD, CT 201,618201.6k $18.9m $18.9m 0.15% Reduced -96.7k -96,666
77 Harbour Trust & Investment Management Co 2.04% of their portfolio MICHIGAN CITY, IN 196,647196.6k $18.4m $18.4m 2.04% Added +3.0k +3,001
78 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 196,598196.6k $18.4m $18.4m 0.01% Reduced -24.9k -24,929
79 MAI Capital Management 0.12% of their portfolio INDEPENDENCE, OH 189,078189.1k $17.7m $17.7m 0.12% Reduced -15.1k -15,105
80 SK Wealth Management, LLC 7.87% of their portfolio PROVIDENCE, RI 187,805187.8k $18.1m $18.1m 7.87% Reduced -21.7k -21,680
81 Aspen Wealth Strategies, LLC 10.54% of their portfolio ARVADA, CO 186,319186.3k $17.5m $17.5m 10.54% Reduced -3.9k -3,917
82 DAVENPORT & Co LLC 0.09% of their portfolio RICHMOND, VA 182,666182.7k $17.1m $17.1m 0.09% Reduced -19.8k -19,840
83 Thrivent Financial for Lutherans 0.04% of their portfolio Minneapolis, MN 182,535182.5k $17.1m $17.1m 0.04% Added +46.5k +46,516
84 Mariner, LLC 0.02% of their portfolio Overland Park, KS 180,565180.6k $16.9m $16.9m 0.02% Added +2.0k +2,010
85 Etesian Wealth Advisors, Inc. 6.29% of their portfolio West Linn, OR 179,814179.8k $16.9m $16.9m 6.29% Added +17.6k +17,609
86 Altus Wealth Group LLC 7.32% of their portfolio COLORADO SPRINGS, CO 176,384176.4k $16.5m $16.5m 7.32% Reduced -8.6k -8,641
87 IFP Advisors, Inc 0.47% of their portfolio TAMPA, FL 175,756175.8k $16.5m $16.5m 0.47% Added +3.1k +3,062
88 Philip James Wealth Mangement, LLC 2.02% of their portfolio MILTON, GA 168,555168.6k $15.8m $15.8m 2.02% Added +1.6k +1,568
89 Graver Capital Management, LLC 13.83% of their portfolio COLUMBUS, OH 166,709166.7k $15.6m $15.6m 13.83% Added +16.3k +16,335
90 Kathleen S. Wright Associates Inc. 5.99% of their portfolio PITTSBURGH, PA 163,530163.5k $15.3m $15.3m 5.99% Added +3.6k +3,570
91 New England Private Wealth Advisors LLC 2.34% of their portfolio WELLESLEY, MA 162,934162.9k $16.0m $16.0m 2.34% Reduced -10.5k -10,463
92 JOURNEY STRATEGIC WEALTH LLC 0.49% of their portfolio SUMMIT, NJ 162,111162.1k $15.2m $15.2m 0.49% Added +1.8k +1,753
93 HBW ADVISORY SERVICES LLC 1.87% of their portfolio SIMI VALLEY, CA 161,412161.4k $15.1m $15.1m 1.87% Reduced -5.6k -5,573
94 FLPUTNAM INVESTMENT MANAGEMENT CO 0.26% of their portfolio PORTLAND, ME 160,205160.2k $15.0m $15.0m 0.26% Added +114.8k +114,789
95 James J. Burns & Company, LLC 2.36% of their portfolio MELVILLE, NY 154,250154.2k $14.5m $14.5m 2.36% Added +9.9k +9,902
96 NewEdge Advisors, LLC 0.07% of their portfolio NEW ORLEANS, LA 151,014151.0k $14.2m $14.2m 0.07% Reduced -10.3k -10,265
97 Sanctuary Advisors, LLC 0.09% of their portfolio INDIANAPOLIS, IN 150,305150.3k $14.1m $14.1m 0.09% Reduced -101.2k -101,216
98 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 145,061145.1k $13.6m $13.6m 0.00% Reduced -2.5k -2,456
99 Family Office Research LLC 6.43% of their portfolio Bethesda, MD 144,983145.0k $13.6m $13.6m 6.43% Reduced -2.0k -2,021
100 S.E.E.D. Planning Group LLC 4.23% of their portfolio BINGHAMTON, NY 144,028144.0k $13.5m $13.5m 4.23% Reduced -3.0k -2,999