Vault-13

VANECK ETF TRUST EMLC

JP MRGAN EM LOC · ETP · CUSIP 92189H300

270 institutional holders +26 vs Q3 2023
90,935,69390.9m shares reported held*
$2.3bnreported value*
48 new 74 added 90 reduced 33 sold out net sold ≈ $50.3m (-2.9m 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 ($1.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.65. Options: 3 managers hold calls ($43.7m notional), 1 hold puts ($7.6k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 197Q4 22: 229Q1 23: 233Q2 23: 245Q3 23: 244Q4 23: 270270Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022197
Q4 2022229
Q1 2023233
Q2 2023245
Q3 2023244
Q4 2023270

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 106 bought or addedQ4 22: 88 cut or sold outQ4 22Q1 23: 126 bought or addedQ1 23: 96 cut or sold outQ1 23Q2 23: 115 bought or addedQ2 23: 96 cut or sold outQ2 23Q3 23: 116 bought or addedQ3 23: 113 cut or sold outQ3 23Q4 23: 122 bought or addedQ4 23: 123 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 202210688
Q1 202312696
Q2 202311596
Q3 2023116113
Q4 2023122123

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ1 23 calls: $24.6mQ1 23 puts: $1.1mQ1 23P/C 0.04Q2 23 calls: $37.3mQ2 23 puts: $756.6kQ2 23P/C 0.02Q3 23 calls: $60.3mQ3 23 puts: $0Q3 23P/C 0.00Q4 23 calls: $43.7mQ4 23 puts: $7.6kQ4 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2023$24.6m$1.1m0.04
Q2 2023$37.3m$756.6k0.02
Q3 2023$60.3m$00.00
Q4 2023$43.7m$7.6k0.00

Biggest buyers

MORGAN STANLEY Added +2,078,145+2.1m
Verition Fund Management LLC New +1,176,470+1.2m
Varma Mutual Pension Insurance Co Added +1,100,000+1.1m
Ocean Park Asset Management, LLC New +1,038,100+1.0m
Morningstar Investment Services LLC Added +1,021,357+1.0m
Manning & Napier Group, LLC New +950,390+950.4k
1832 Asset Management L.P. Added +563,373+563.4k
Bank of New York Mellon Corp Added +539,574+539.6k
RENAISSANCE TECHNOLOGIES LLC New +521,700+521.7k
UBS Group AG Added +461,634+461.6k

Biggest sellers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -4,265,541-4.3m
Western Asset Management Company, LLC Reduced -2,000,000-2.0m
BANK OF AMERICA CORP /DE/ Reduced -1,644,336-1.6m
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -1,358,867-1.4m
FIRST CITIZENS BANK & TRUST CO Reduced -1,270,930-1.3m
Envestnet Portfolio Solutions, Inc. Reduced -1,224,791-1.2m
CITIGROUP INC Reduced -1,133,186-1.1m
Retirement Investment Advisors, Inc. Sold out -444,475-444.5k
LPL Financial LLC Reduced -314,631-314.6k
NAN FUNG TRINITY (HK) LTD Reduced -221,900-221.9k

Biggest calls

SIMPLEX TRADING, LLC Reduced $43.6m161.5k shares
CITADEL ADVISORS LLC New $103.9k4.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC New $7.6k300 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 SEI INVESTMENTS CO 0.38% of their portfolio OAKS, PA 9,460,1669.5m $239.8m $239.8m 0.38% Reduced -50.3k -50,333
2 Charles Schwab Investment Advisory, Inc. 0.27% of their portfolio SAN FRANCISCO, CA 7,475,0577.5m $189.5m $189.5m 0.27% Reduced -196.0k -195,960
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,289,1464.3m $108.7m $108.7m 0.00% Added +2.1m +2,078,145
4 Varma Mutual Pension Insurance Co 1.17% of their portfolio Varma, H9 4,100,0004.1m $103.9m $103.9m 1.17% Added +1.1m +1,100,000
5 BlackRock Inc. 0.00% of their portfolio New York, NY 3,517,6933.5m $89.2m $89.2m 0.00% Unchanged
6 Valmark Advisers, Inc. 1.55% of their portfolio AKRON, OH 3,262,5983.3m $82.7m $82.7m 1.55% Added +29.6k +29,582
7 Morningstar Investment Services LLC 0.42% of their portfolio CHICAGO, IL 2,932,3822.9m $74.3m $74.3m 0.42% Added +1.0m +1,021,357
8 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio Toronto, A6 2,823,5292.8m $71.6m $71.6m 0.04% Reduced -1.4m -1,358,867
9 UBS Group AG 0.03% of their portfolio ZURICH, V8 2,453,1502.5m $62.2m $62.2m 0.03% Added +461.6k +461,634
10 Asset Management One Co., Ltd. 0.25% of their portfolio TOKYO, M0 2,428,3952.4m $61.5m $61.5m 0.25% Added +319.0k +319,000
11 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 2,120,6082.1m $53.8m $53.8m 0.02% Reduced -116.4k -116,433
12 NAN FUNG TRINITY (HK) LTD 10.48% of their portfolio CENTRAL, HONG KONG, K3 1,995,0002.0m $50.6m $50.6m 10.48% Reduced -221.9k -221,900
13 Envestnet Portfolio Solutions, Inc. 0.21% of their portfolio BERWYN, PA 1,950,6592.0m $49.4m $49.4m 0.21% Reduced -1.2m -1,224,791
14 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,864,0161.9m $47.3m $47.3m 0.02% Added +322.5k +322,513
15 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,830,4811.8m $46.4m $46.4m 0.01% Reduced -203.2k -203,191
16 FIRST CITIZENS BANK & TRUST CO 0.80% of their portfolio RALEIGH, NC 1,735,2071.7m $44.0m $44.0m 0.80% Reduced -1.3m -1,270,930
17 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,598,2711.6m $40.5m $40.5m 0.01% Added +539.6k +539,574
18 1832 Asset Management L.P. 0.08% of their portfolio TORONTO, A6 1,591,9891.6m $40.4m $40.4m 0.08% Added +563.4k +563,373
19 Capital Investment Advisors, LLC 0.95% of their portfolio ATLANTA, GA 1,491,8541.5m $37.8m $37.8m 0.95% Added +40.8k +40,793
20 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 1,209,0661.2m $30.6m $30.6m 0.01% Added +666 +666
21 HSBC HOLDINGS PLC 0.03% of their portfolio LONDON, X0 1,197,3361.2m $30.4m $30.4m 0.03% Reduced -150.0k -150,029
22 Verition Fund Management LLC 0.30% of their portfolio GREENWICH, CT 1,176,4701.2m $29.8m $29.8m 0.30% New
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,080,1191.1m $27.4m $27.4m 0.00% Reduced -1.6m -1,644,336
24 CIBC Asset Management Inc 0.10% of their portfolio TORONTO, Z4 1,064,9311.1m $27.0m $27.0m 0.10% Added +88.0k +87,978
25 Ocean Park Asset Management, LLC 1.29% of their portfolio SANTA MONICA, CA 1,038,1001.0m $26.3m $26.3m 1.29% New
26 NinePointTwo Capital LLC 10.42% of their portfolio LOS ANGELES, CA 1,035,3611.0m $26.2m $26.2m 10.42% Reduced -62.9k -62,944
27 Manning & Napier Group, LLC 0.29% of their portfolio Fairport, NY 950,390950.4k $24.1m $24.1m 0.29% New
28 TD Asset Management Inc 0.02% of their portfolio Toronto, A6 924,700924.7k $23.4m $23.4m 0.02% Added +344.5k +344,500
29 Federation des caisses Desjardins du Quebec 0.22% of their portfolio LEVIS, A8 914,129914.1k $23.2m $23.2m 0.22% Added +4.8k +4,776
30 EVERGREEN CAPITAL MANAGEMENT LLC 0.94% of their portfolio Bellevue, WA 910,302910.3k $23.1m $23.1m 0.94% Added +380.4k +380,394
31 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 847,400847.4k $21.5m $21.5m 0.03% Added +247.4k +247,400
32 VIEWPOINT INVESTMENT PARTNERS CORP 14.54% of their portfolio CALGARY, A0 822,600822.6k $20.9m $20.9m 14.54% Reduced -10.0k -10,033
33 ALM First Financial Advisors, LLC 3.32% of their portfolio DALLAS, TX 770,000770.0k $19.5m $19.5m 3.32% Unchanged
34 PARK AVENUE SECURITIES LLC 0.27% of their portfolio NEW YORK, NY 768,678768.7k $19.5m $19.5m 0.27% Added +95.4k +95,427
35 Checchi Capital Advisers, LLC 1.44% of their portfolio BEVERLY HILLS, CA 698,340698.3k $17.7m $17.7m 1.44% Added +89.4k +89,441
36 Bridge Advisory, LLC 8.02% of their portfolio PASADENA, CA 630,542630.5k $16.0m $16.0m 8.02% Reduced -208.3k -208,309
37 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 560,985561.0k $14.2m $14.2m 0.00% Reduced -4.3m -4,265,541
38 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 521,700521.7k $13.2m $13.2m 0.02% New
39 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 506,832506.8k $12.8m $12.8m 0.00% Added +211.7k +211,731
40 NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio MONTREAL, A8 494,379494.4k $12.4m $12.4m 0.02% Reduced -2.2k -2,238
41 New Harbor Financial Group, LLC 5.35% of their portfolio WORCESTER, MA 475,541475.5k $12.1m $12.1m 5.35% Added +11.7k +11,724
42 Cambria Investment Management, L.P. 0.84% of their portfolio Manhattan Beach, CA 474,732474.7k $12.0m $12.0m 0.84% Reduced -20.7k -20,721
43 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 459,232459.2k $11.6m $11.6m 0.02% Added +459.2k +459,180
44 GUGGENHEIM CAPITAL LLC 0.08% of their portfolio CHICAGO, IL 419,355419.4k $10.6m $10.6m 0.08% Reduced -37.1k -37,138
45 Horizon Investments, LLC 0.26% of their portfolio Charlotte, NC 377,003377.0k $9.5m $9.5m 0.26% New
46 Simplicity Solutions, LLC 0.23% of their portfolio MINNEAPOLIS, MN 330,311330.3k $8.4m $8.4m 0.23% Reduced -10.5k -10,502
47 Bleakley Financial Group, LLC 0.27% of their portfolio PARSIPPANY, NJ 330,311330.3k $8.4m $8.4m 0.27% Reduced -10.5k -10,502
48 Tanager Wealth Management LLP 1.46% of their portfolio Goring On Thames, X0 317,210317.2k $8.0m $8.0m 1.46% Added +34.2k +34,160
49 VPR Management LLC 2.08% of their portfolio HOUSTON, TX 316,200316.2k $8.0m $8.0m 2.08% Unchanged
50 CONNING INC. 0.27% of their portfolio HARTFORD, CT 310,000310.0k $7.9m $7.9m 0.27% Unchanged
51 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 307,250307.2k $7.8m $7.8m 0.00% Unchanged
52 Whitcomb & Hess, Inc. 2.67% of their portfolio ASHLAND, OH 306,004306.0k $7.8m $7.8m 2.67% Reduced -1.9k -1,879
53 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 304,941304.9k $7.7m $7.7m 0.01% New
54 CUTLER INVESTMENT COUNSEL LLC 1.04% of their portfolio Jacksonville, OR 286,689286.7k $7.3m $7.3m 1.04% Added +1.7k +1,705
55 OLD MISSION CAPITAL LLC 0.20% of their portfolio CHICAGO, IL 285,986286.0k $7.2m $7.2m 0.20% New
56 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 256,899256.9k $6.5m $6.5m 0.01% Added +62.5k +62,488
57 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 251,692251.7k $6.4m $6.4m 0.01% Reduced -3.3k -3,252
58 AE Wealth Management LLC 0.03% of their portfolio TOPEKA, KS 249,852249.9k $6.2m $6.2m 0.03% Reduced -3.6k -3,557
59 Destiny Wealth Partners, LLC 1.13% of their portfolio TAVARES, FL 239,744239.7k $6.0m $6.0m 1.13% Added +16.9k +16,854
60 LEUTHOLD GROUP, LLC 0.76% of their portfolio MINNEAPOLIS, MN 239,460239.5k $6.1m $6.1m 0.76% Added +725 +725
61 TIAA TRUST, NATIONAL ASSOCIATION 0.02% of their portfolio CHARLOTTE, NC 237,311237.3k $6.0m $6.0m 0.02% Reduced -77.5k -77,514
62 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 222,270222.3k $5.6m $5.6m 0.00% Reduced -314.6k -314,631
63 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 220,568220.6k $5.5m $5.5m 0.05% Added +218.1k +218,123
64 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 218,156218.2k $5.5m $5.5m 0.00% Added +208.9k +208,859
65 HART & PATTERSON FINANCIAL GROUP LLC 2.46% of their portfolio AMHERST, MA 186,836186.8k $4.7m $4.7m 2.46% First filing
66 ALPS ADVISORS INC 0.04% of their portfolio Denver, CO 184,733184.7k $4.7m $4.7m 0.04% Added +110 +110
67 COLLECTIVE FAMILY OFFICE LLC 1.63% of their portfolio YORK, PA 182,574182.6k $4.6m $4.6m 1.63% Reduced -113.6k -113,581
68 TCP Asset Management, LLC 1.71% of their portfolio Upper Arlington, OH 182,148182.1k $4.6m $4.6m 1.71% Added +4.5k +4,495
69 Sage Advisory Services, Ltd.Co. 1.23% of their portfolio AUSTIN, TX 181,770181.8k $4.6m $4.6m 1.23% Reduced -615 -615
70 FMR LLC 0.00% of their portfolio BOSTON, MA 178,348178.3k $4.5m $4.5m 0.00% Reduced -6.1k -6,055
71 PRELUDE CAPITAL MANAGEMENT, LLC 0.37% of their portfolio NEW YORK, NY 168,850168.8k $4.3m $4.3m 0.37% Unchanged
72 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 162,666162.7k $4.1m $4.1m 0.00% Unchanged
73 Friedenthal Financial 2.68% of their portfolio MARLTON, NJ 161,903161.9k $4.1m $4.1m 2.68% New
74 INTEGRATED CAPITAL MANAGEMENT, INC. 3.45% of their portfolio JESSUP, PA 160,420160.4k $4.1m $4.1m 3.45% Reduced -2.4k -2,387
75 ACIMA PRIVATE WEALTH, LLC 1.59% of their portfolio RICHMOND, VA 160,162160.2k $4.1m $4.1m 1.59% Added +4.1k +4,056
76 Upper Left Wealth Management, LLC 3.98% of their portfolio TAMPA, FL 160,114160.1k $4.1m $4.1m 3.98% Added +401 +401
77 Andina Capital Management, LLC 3.45% of their portfolio LOGAN, UT 157,859157.9k $4.0m $4.0m 3.45% First filing
78 Pekin Hardy Strauss, Inc. 0.59% of their portfolio CHICAGO, IL 154,493154.5k $3.9m $3.9m 0.59% Added +33.0k +32,965
79 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 148,815148.8k $3.8m $3.8m 0.00% Added +47.6k +47,614
80 Veery Capital, LLC 1.61% of their portfolio Wilmington, DE 141,468141.5k $3.6m $3.6m 1.61% Added +5.4k +5,373
81 Keebeck Wealth Management 0.58% of their portfolio Chicago, IL 138,305138.3k $3.5m $3.5m 0.58% Unchanged
82 LAKE STREET PRIVATE WEALTH, LLC 0.53% of their portfolio CHICAGO, IL 133,437133.4k $3.4m $3.4m 0.53% Reduced -9.5k -9,470
83 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 124,300124.3k $3.2m $3.2m 0.00% New
84 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 123,939123.9k $3.1m $3.1m 0.01% Reduced -70.5k -70,476
85 Collaborative Wealth Managment Inc. 1.68% of their portfolio LAKE MARY, FL 122,461122.5k $3.1m $3.1m 1.68% Added +13.2k +13,172
86 Steward Partners Investment Advisory, LLC 0.04% of their portfolio STAMFORD, CT 116,195116.2k $2.9m $2.9m 0.04% Added +2.5k +2,526
87 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 114,590114.6k $2.9m $2.9m 0.01% Reduced -78.8k -78,778
88 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 108,299108.3k $2.7m $2.7m 0.01% Reduced -726 -726
89 PRINCIPAL SECURITIES, INC. 0.10% of their portfolio DES MOINES, IA 107,652107.7k $2.7m $2.7m 0.10% First filing
90 Pinnacle Wealth Management Group, Inc. 2.23% of their portfolio PLYMOUTH, MI 107,143107.1k $2.7m $2.7m 2.23% Added +3.7k +3,717
91 OPPENHEIMER & CO INC 0.05% of their portfolio NEW YORK, NY 102,240102.2k $2.6m $2.6m 0.05% Added +3.9k +3,903
92 FLOW TRADERS U.S. LLC 0.08% of their portfolio NEW YORK, NY 100,504100.5k $2.5m $2.5m 0.08% Reduced -204.2k -204,204
93 CENTRAL TRUST Co 0.07% of their portfolio JEFFERSON CITY, MO 98,43398.4k $2.5m $2.5m 0.07% Added +21.6k +21,550
94 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 98,02098.0k $2.5m $2.5m 0.00% Reduced -181 -181
95 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 97,59797.6k $2.5m $2.5m 0.00% Added +44.3k +44,307
96 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 91,00591.0k $2.3m $2.3m 0.01% Added +3.7k +3,723
97 First Citizens Asset Management, Inc. 0.92% of their portfolio RALEIGH, NC 90,52490.5k $2.3m $2.3m 0.92% Reduced -57.5k -57,462
98 DRAVO BAY LLC 1.52% of their portfolio REHOBOTH BEACH, DE 89,68489.7k $2.3m $2.3m 1.52% Reduced -1.9k -1,901
99 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 89,38189.4k $2.3m $2.3m 0.01% Added +55.7k +55,741
100 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 87,75787.8k $2.2m $2.2m 0.00% Reduced -8.6k -8,626