Vault-13

VANECK ETF TRUST EMLC

JP MRGAN EM LOC · ETP · CUSIP 92189H300

248 institutional holders +12 vs Q4 2024
78,005,25278.0m shares reported held*
$1.9bnreported value*
45 new 91 added 72 reduced 32 sold out net bought ≈ $166.5m (+7.0m 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 ($1.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $23.86. Options: 3 managers hold calls ($9.8m notional), 2 hold puts ($12.0k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 197Q4 22: 229Q1 23: 233Q2 23: 245Q3 23: 244Q4 23: 270Q1 24: 251Q2 24: 233Q3 24: 238Q4 24: 236Q1 25: 248248Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022197
Q4 2022229
Q1 2023233
Q2 2023245
Q3 2023244
Q4 2023270
Q1 2024251
Q2 2024233
Q3 2024238
Q4 2024236
Q1 2025248

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 115 bought or addedQ2 23: 96 cut or sold outQ3 23: 116 bought or addedQ3 23: 113 cut or sold outQ3 23Q4 23: 122 bought or addedQ4 23: 123 cut or sold outQ1 24: 109 bought or addedQ1 24: 127 cut or sold outQ1 24Q2 24: 106 bought or addedQ2 24: 107 cut or sold outQ3 24: 109 bought or addedQ3 24: 105 cut or sold outQ3 24Q4 24: 109 bought or addedQ4 24: 103 cut or sold outQ1 25: 136 bought or addedQ1 25: 104 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 202311596
Q3 2023116113
Q4 2023122123
Q1 2024109127
Q2 2024106107
Q3 2024109105
Q4 2024109103
Q1 2025136104

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ2 24 calls: $29.4mQ2 24 puts: $0Q2 24P/C 0.00Q3 24 calls: $17.7mQ3 24 puts: $850.9kQ3 24P/C 0.05Q4 24 calls: $10.4mQ4 24 puts: $13.9kQ4 24P/C 0.00Q1 25 calls: $9.8mQ1 25 puts: $12.0kQ1 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2024$29.4m$00.00
Q3 2024$17.7m$850.9k0.05
Q4 2024$10.4m$13.9k0.00
Q1 2025$9.8m$12.0k0.00

Biggest buyers

Ocean Park Asset Management, LLC New +1,566,251+1.6m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +1,555,810+1.6m
VIEWPOINT INVESTMENT PARTNERS CORP Added +1,202,400+1.2m
PAYDEN & RYGEL New +1,096,500+1.1m
Capitolis Liquid Global Markets LLC New +957,600+957.6k
Empowered Funds, LLC New +642,973+643.0k
MOORE CAPITAL MANAGEMENT, LP New +629,590+629.6k
D. E. Shaw & Co., Inc. Added +608,100+608.1k
New Harbor Financial Group, LLC New +501,246+501.2k
Verition Fund Management LLC Added +433,313+433.3k

Biggest sellers

Asset Management One Co., Ltd. Reduced -2,400,400-2.4m
NAN FUNG TRINITY (HK) LTD Reduced -929,000-929.0k
MORGAN STANLEY Reduced -257,354-257.4k
UBS Group AG Reduced -233,632-233.6k
1832 Asset Management L.P. Reduced -204,061-204.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -181,883-181.9k
Ellevest, Inc. Reduced -179,184-179.2k
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sold out -167,207-167.2k
Capital Investment Advisors, LLC Reduced -134,524-134.5k
TD Asset Management Inc Reduced -125,800-125.8k

Biggest calls

SIMPLEX TRADING, LLC Added $9.5m98.4k shares
CITADEL ADVISORS LLC Reduced $295.9k12.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $11.9k500 shares
Quaker Wealth Management, LLC First filing $964 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 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio SAN FRANCISCO, CA 10,272,34110.3m $245.1m $245.1m 0.05% Added +1.6m +1,555,810
2 SEI INVESTMENTS CO 0.26% of their portfolio OAKS, PA 8,345,2358.3m $199.1m $199.1m 0.26% Added +207.0k +206,998
3 Varma Mutual Pension Insurance Co 0.84% of their portfolio Varma, H9 4,100,0004.1m $97.8m $97.8m 0.84% Unchanged
4 Valmark Advisers, Inc. 1.45% of their portfolio AKRON, OH 4,019,6234.0m $95.9m $95.9m 1.45% Added +124.6k +124,552
5 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,433,1433.4m $81.9m $81.9m 0.00% Reduced -84.5k -84,550
6 Asset Management One Co., Ltd. 0.28% of their portfolio TOKYO, M0 3,412,6953.4m $81.4m $81.4m 0.28% Reduced -2.4m -2,400,400
7 BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio PARIS, I0 2,434,8652.4m $58.1m $58.1m 0.04% First filing
8 UBS Group AG 0.01% of their portfolio ZURICH, V8 2,343,6912.3m $55.9m $55.9m 0.01% Reduced -233.6k -233,632
9 VIEWPOINT INVESTMENT PARTNERS CORP 21.85% of their portfolio CALGARY, A0 1,695,6001.7m $40.5m $40.5m 21.85% Added +1.2m +1,202,400
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,624,0901.6m $38.8m $38.8m 0.00% Reduced -257.4k -257,354
11 Ocean Park Asset Management, LLC 1.33% of their portfolio SANTA MONICA, CA 1,566,2511.6m $37.4m $37.4m 1.33% New
12 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 1,553,1121.6m $37.1m $37.1m 0.01% Reduced -36.6k -36,641
13 1832 Asset Management L.P. 0.07% of their portfolio TORONTO, A6 1,512,0481.5m $36.1m $36.1m 0.07% Reduced -204.1k -204,061
14 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,482,8441.5m $35.4m $35.4m 0.01% Reduced -91.0k -91,011
15 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,186,6551.2m $28.3m $28.3m 0.00% Added +193.5k +193,498
16 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,161,4911.2m $27.7m $27.7m 0.01% Reduced -44.3k -44,311
17 Federation des caisses Desjardins du Quebec 0.13% of their portfolio LEVIS, A8 1,121,2991.1m $26.8m $26.8m 0.13% Added +17.2k +17,209
18 PAYDEN & RYGEL 2.25% of their portfolio LOS ANGELES, CA 1,096,5001.1m $26.2m $26.2m 2.25% New
19 D. E. Shaw & Co., Inc. 0.03% of their portfolio New York, NY 1,085,5321.1m $25.9m $25.9m 0.03% Added +608.1k +608,100
20 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 1,076,7771.1m $25.7m $25.7m 0.02% Added +22.1k +22,101
21 Verition Fund Management LLC 0.15% of their portfolio GREENWICH, CT 1,058,2371.1m $25.2m $25.2m 0.15% Added +433.3k +433,313
22 NAN FUNG TRINITY (HK) LTD 3.91% of their portfolio CENTRAL, HONG KONG, K3 1,032,9001.0m $24.6m $24.6m 3.91% Reduced -929.0k -929,000
23 EVERGREEN CAPITAL MANAGEMENT LLC 0.81% of their portfolio Bellevue, WA 1,009,3561.0m $24.1m $24.1m 0.81% Added +5.2k +5,181
24 Capitolis Liquid Global Markets LLC 0.20% of their portfolio NEW YORK, NY 957,600957.6k $22.8m $22.8m 0.20% New
25 PARK AVENUE SECURITIES LLC 0.28% of their portfolio NEW YORK, NY 956,675956.7k $22.8m $22.8m 0.28% Added +17.9k +17,916
26 MANNING & NAPIER ADVISORS LLC 0.28% of their portfolio Fairport, NY 950,390950.4k $22.7m $22.7m 0.28% Unchanged
27 Checchi Capital Advisers, LLC 1.40% of their portfolio BEVERLY HILLS, CA 827,390827.4k $19.7m $19.7m 1.40% Added +125.4k +125,356
28 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 773,281773.3k $18.5m $18.5m 0.01% Added +257.4k +257,400
29 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 698,709698.7k $16.7m $16.7m 0.00% Added +53.9k +53,932
30 Empowered Funds, LLC 0.22% of their portfolio NEWTOWN SQUARE, PA 642,973643.0k $15.3m $15.3m 0.22% New
31 MOORE CAPITAL MANAGEMENT, LP 0.50% of their portfolio NEW YORK, NY 629,590629.6k $15.0m $15.0m 0.50% New
32 ALM First Financial Advisors, LLC 2.88% of their portfolio DALLAS, TX 527,748527.7k $12.6m $12.6m 2.88% Added +29.3k +29,330
33 New Harbor Financial Group, LLC 3.18% of their portfolio WORCESTER, MA 501,246501.2k $12.0m $12.0m 3.18% New
34 TD Asset Management Inc 0.01% of their portfolio Toronto, A6 491,500491.5k $11.7m $11.7m 0.01% Reduced -125.8k -125,800
35 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 451,714451.7k $10.8m $10.8m 0.01% Added +45.1k +45,146
36 OLD MISSION CAPITAL LLC 0.20% of their portfolio CHICAGO, IL 425,795425.8k $10.2m $10.2m 0.20% New
37 GUGGENHEIM CAPITAL LLC 0.08% of their portfolio CHICAGO, IL 366,499366.5k $8.7m $8.7m 0.08% Reduced -14.3k -14,343
38 Whitcomb & Hess, Inc. 2.57% of their portfolio ASHLAND, OH 355,415355.4k $8.5m $8.5m 2.57% Added +8.4k +8,446
39 Police & Firemen's Retirement System of New Jersey 0.08% of their portfolio TRENTON, NJ 351,300351.3k $8.4m $8.4m 0.08% New
40 CUTLER INVESTMENT COUNSEL LLC 0.93% of their portfolio Jacksonville, OR 323,409323.4k $7.7m $7.7m 0.93% Added +14.7k +14,691
41 TIAA TRUST, NATIONAL ASSOCIATION 0.02% of their portfolio CHARLOTTE, NC 319,460319.5k $7.6m $7.6m 0.02% Added +11.6k +11,552
42 VPR Management LLC 3.66% of their portfolio HOUSTON, TX 316,200316.2k $7.5m $7.5m 3.66% Unchanged
43 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 315,463315.5k $7.5m $7.5m 0.00% Added +5.8k +5,838
44 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 307,250307.2k $7.3m $7.3m 0.00% Unchanged
45 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 303,452303.5k $7.2m $7.2m 0.04% Added +235.6k +235,562
46 Pekin Hardy Strauss, Inc. 0.85% of their portfolio CHICAGO, IL 294,565294.6k $7.0m $7.0m 0.85% Added +56.6k +56,600
47 ACIMA PRIVATE WEALTH, LLC 2.45% of their portfolio RICHMOND, VA 286,457286.5k $6.8m $6.8m 2.45% Reduced -29.4k -29,377
48 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 278,413278.4k $6.6m $6.6m 0.01% Added +233.4k +233,380
49 CENTRAL TRUST Co 0.16% of their portfolio JEFFERSON CITY, MO 266,174266.2k $6.4m $6.4m 0.16% Added +62.9k +62,917
50 Capital Investment Advisors, LLC 0.12% of their portfolio ATLANTA, GA 260,628260.6k $6.2m $6.2m 0.12% Reduced -134.5k -134,524
51 INTEGRATED CAPITAL MANAGEMENT, INC. 4.79% of their portfolio JESSUP, PA 252,449252.4k $6.0m $6.0m 4.79% Added +13.1k +13,053
52 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 247,136247.1k $5.9m $5.9m 0.01% Added +579 +579
53 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 243,222243.2k $5.8m $5.8m 0.01% Added +5.7k +5,730
54 Cambria Investment Management, L.P. 0.38% of their portfolio Manhattan Beach, CA 231,633231.6k $5.5m $5.5m 0.38% Reduced -14.2k -14,182
55 LEUTHOLD GROUP, LLC 0.68% of their portfolio MINNEAPOLIS, MN 219,399219.4k $5.2m $5.2m 0.68% Reduced -26.3k -26,349
56 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 209,014209.0k $5.0m $5.0m 0.01% Added +10.6k +10,608
57 Friedenthal Financial 2.62% of their portfolio MARLTON, NJ 183,843183.8k $4.4m $4.4m 2.62% New
58 Collaborative Wealth Managment Inc. 2.05% of their portfolio LAKE MARY, FL 183,586183.6k $4.4m $4.4m 2.05% Added +5.2k +5,167
59 FMR LLC 0.00% of their portfolio BOSTON, MA 180,558180.6k $4.3m $4.3m 0.00% Added +1.8k +1,771
60 Steward Partners Investment Advisory, LLC 0.04% of their portfolio STAMFORD, CT 176,503176.5k $4.2m $4.2m 0.04% Reduced -28.1k -28,087
61 Geneos Wealth Management Inc. 0.06% of their portfolio ENGLEWOOD, CO 175,416175.4k $4.3m $4.3m 0.06% Added +154.6k +154,631
62 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 174,265174.3k $4.2m $4.2m 0.01% Added +25.7k +25,679
63 Upper Left Wealth Management, LLC 2.73% of their portfolio TAMPA, FL 159,690159.7k $3.8m $3.8m 2.73% Added +53.4k +53,427
64 Avos Capital Management, LLC 2.50% of their portfolio SEATTLE, WA 158,768158.8k $3.8m $3.8m 2.50% New
65 Kiker Wealth Management, LLC 2.56% of their portfolio JASPER, GA 157,131157.1k $3.7m $3.7m 2.56% Added +33.2k +33,181
66 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 147,445147.4k $3.5m $3.5m 0.00% Added +9.9k +9,876
67 OPPENHEIMER & CO INC 0.05% of their portfolio NEW YORK, NY 126,368126.4k $3.0m $3.0m 0.05% Added +252 +252
68 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 113,405113.4k $2.7m $2.7m 0.01% Added +46.1k +46,090
69 Crabel Capital Management, LLC 2.87% of their portfolio MILWAUKEE, WI 111,435111.4k $2.7m $2.7m 2.87% Added +90.0k +90,003
70 RHS Financial, LLC 1.47% of their portfolio SAN FRANCISCO, CA 109,647109.6k $2.6m $2.6m 1.47% Reduced -23.0k -22,989
71 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 108,751108.8k $2.6m $2.6m 0.00% Added +4.6k +4,590
72 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 105,764105.8k $2.5m $2.5m 0.00% Reduced -45.4k -45,438
73 FIDELITY D & D BANCORP INC 1.43% of their portfolio Dunmore, PA 90,90590.9k $2.2m $2.2m 1.43% Reduced -85.7k -85,703
74 Martel Wealth Advisors LLC 0.42% of their portfolio VANCOUVER, WA 89,10189.1k $2.1m $2.1m 0.42% Added +5.1k +5,055
75 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 88,03588.0k $2.1m $2.1m 0.00% Reduced -18.5k -18,497
76 Keebeck Wealth Management 0.31% of their portfolio Chicago, IL 87,63087.6k $2.1m $2.1m 0.31% Unchanged
77 PRINCIPAL SECURITIES, INC. 0.04% of their portfolio DES MOINES, IA 86,30486.3k $2.0m $2.0m 0.04% Unchanged
78 Veery Capital, LLC 0.77% of their portfolio Wilmington, DE 82,80382.8k $2.0m $2.0m 0.77% Reduced -4.0k -4,020
79 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 81,30481.3k $1.9m $1.9m 0.01% Added +288 +288
80 Merit Financial Group, LLC 0.03% of their portfolio ALPHARETTA, GA 78,34078.3k $1.9m $1.9m 0.03% New
81 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 78,00078.0k $1.9m $1.9m 0.01% Added +68.0k +68,000
82 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 74,06974.1k $1.8m $1.8m 0.00% Added +3.4k +3,377
83 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 71,50671.5k $1.7m $1.7m 0.00% Reduced -62.6k -62,572
84 Delos Wealth Advisors, LLC 1.34% of their portfolio DALLAS, TX 70,85970.9k $1.7m $1.7m 1.34% Added +339 +339
85 COMERICA BANK 0.01% of their portfolio DALLAS, TX 70,48970.5k $1.7m $1.7m 0.01% Added +1.0k +1,042
86 CW Advisors, LLC 0.02% of their portfolio BOSTON, MA 69,83969.8k $1.7m $1.7m 0.02% Added +13.9k +13,891
87 Allworth Financial LP 0.01% of their portfolio FOLSOM, CA 67,66467.7k $1.6m $1.6m 0.01% Reduced -16.7k -16,713
88 TOWNSQUARE CAPITAL LLC 0.02% of their portfolio Lehi, UT 67,12567.1k $1.6m $1.6m 0.02% Added +7.6k +7,568
89 BROWN WEALTH MANAGEMENT, LLC 0.55% of their portfolio NAPERVILLE, IL 66,97167.0k $1.6m $1.6m 0.55% Added +7.5k +7,534
90 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 65,46765.5k $1.6m $1.6m 0.01% Added +9.1k +9,122
91 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 64,34664.3k $1.5m $1.5m 0.00% Added +7.0k +7,050
92 Evergreen Private Wealth LLC 0.70% of their portfolio GREENWOOD VILLAGE, CO 62,56562.6k $1.5m $1.5m 0.70% Added +1.4k +1,396
93 K2 Financial Inc. 1.45% of their portfolio GLENDORA, CA 60,76360.8k $1.5m $1.5m 1.45% Added +3.1k +3,057
94 Summit Financial, LLC 0.04% of their portfolio PARSIPPANY, NJ 58,35658.4k $1.4m $1.4m 0.04% Reduced -2.0k -2,016
95 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 55,33455.3k $1.3m $1.3m 0.00% Added +1.3k +1,334
96 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 52,47952.5k $1.3m $1.3m 0.00% Reduced -12.6k -12,586
97 Sage Advisory Services, Ltd.Co. 0.72% of their portfolio AUSTIN, TX 51,55651.6k $1.2m $1.2m 0.72% Added +5 +5
98 Transform Wealth, LLC 0.07% of their portfolio GREENWOOD VILLAGE, CO 51,42251.4k $1.2m $1.2m 0.07% Reduced -759 -759
99 EXCHANGE TRADED CONCEPTS, LLC 0.02% of their portfolio Oklahoma City, OK 50,85150.9k $1.2m $1.2m 0.02% New
100 Binnacle Investments Inc 0.86% of their portfolio URBANDALE, IA 49,67249.7k $1.2m $1.2m 0.86% First filing