13F QoQ Ownership Changes
HFRO-PB Institutional Holders
Period 2025-12-31 · prior 2025-09-30 · 20 new · 26 added · 57 reduced · 12 exited
New Positions(20)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Closed-End Fund Advisors, Inc. | 235,136 | +235,136 | $1.4M | +$1.4M | — |
| Altium Capital Management LP | 143,059 | +143,059 | $855.5K | +$855.5K | — |
| GILPIN WEALTH MANAGEMENT, LLC | 90,956 | +90,956 | $543.9K | +$543.9K | — |
| XTX Topco Ltd | 37,854 | +37,854 | $226.4K | +$226.4K | — |
| MERCER GLOBAL ADVISORS INC /ADV | 35,831 | +35,831 | $214.3K | +$214.3K | — |
| EVOLVE PRIVATE WEALTH, LLC | 31,437 | +31,437 | $188.0K | +$188.0K | — |
| CITADEL ADVISORS LLC | 20,046 | +20,046 | $119.9K | +$119.9K | — |
| K2 PRINCIPAL FUND, L.P. | 10,033 | +10,033 | $60.0K | +$60.0K | — |
| NOMURA HOLDINGS INC | 10,000 | +10,000 | $59.8K | +$59.8K | — |
| CLEAR STREET MARKETS LLC | 5,658 | +5,658 | $33.8K | +$33.8K | — |
| IFP Advisors, Inc | 5,222 | +5,222 | $31.2K | +$31.2K | — |
| Basepoint Wealth LLC | 3,671 | +3,671 | $22.0K | +$22.0K | — |
| Pinnacle Wealth Planning Services, Inc. | 2,520 | +2,520 | $15.1K | +$15.1K | — |
| Kilter Group LLC | 2,192 | +2,192 | $13.1K | +$13.1K | — |
| ASSETMARK, INC | 1,500 | +1,500 | $9.0K | +$9.0K | — |
| FLAGSHIP HARBOR ADVISORS, LLC | 977 | +977 | $5.8K | +$5.8K | — |
| HIGHLINE WEALTH PARTNERS LLC | 500 | +500 | $3.0K | +$3.0K | — |
| Tower Research Capital LLC (TRC) | 409 | +409 | $2.4K | +$2.4K | — |
| Keating Financial Advisory Services, Inc. | 164 | +164 | $981 | +$981 | — |
| Sunrise Financial Services, LLC | 70 | +70 | $419 | +$419 | — |
Added To(26)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Saba Capital Management, L.P. | 4,674,016 | +944,136 | $28.0M | +$4.3M | 25.3% |
| NEXPOINT ASSET MANAGEMENT, L.P. | 3,673,047 | +855,000 | $22.0M | +$4.1M | 30.3% |
| NWF Advisory Services Inc. | 351,300 | +313,600 | $3.0M | +$2.7M | 831.8% |
| RAYMOND JAMES FINANCIAL INC | 3,791,936 | +555,861 | $22.7M | +$2.1M | 17.2% |
| Marex Group plc | 285,112 | +207,541 | $1.7M | +$1.2M | 267.5% |
| ENVESTNET ASSET MANAGEMENT INC | 2,100,795 | +278,471 | $12.6M | +$991.0K | 15.3% |
| Concorde Asset Management, LLC | 139,460 | +73,760 | $834.0K | +$421.6K | 112.3% |
| JANE STREET GROUP, LLC | 117,452 | +63,597 | $702.4K | +$360.4K | 118.1% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 77,525 | +49,180 | $463.6K | +$283.6K | 173.5% |
| Invesco Ltd. | 1,367,754 | +37,035 | $8.2M | -$270.9K | 2.8% |
| LifeWealth Investments, LLC | 43,875 | +29,250 | $256.4K | +$163.5K | 200.0% |
| OPPENHEIMER & CO INC | 449,790 | +970 | $2.7M | -$160.3K | 0.2% |
| Papamarkou Wellner Asset Management inc. | 45,000 | +15,000 | $269.1K | +$78.6K | 50.0% |
| Kestra Advisory Services, LLC | 34,177 | +12,687 | $204.4K | +$67.9K | 59.0% |
| Calamos Advisors LLC | 42,776 | +10,404 | $255.8K | +$50.2K | 32.1% |
| Baird Financial Group, Inc. | 96,591 | +1,693 | $577.6K | -$25.0K | 1.8% |
| Creative Planning | 45,988 | +3 | $275.0K | -$17.0K | 0.0% |
| CHOREO, LLC | 230,630 | +9,212 | $1.4M | -$16.2K | 4.2% |
| NewEdge Advisors, LLC | 130,626 | +9,715 | $781.1K | +$13.4K | 8.0% |
| Keystone Wealth Services, LLC | 20,925 | +380 | $125.1K | -$5.3K | 1.8% |
| Capital Investment Advisory Services, LLC | 13,359 | +206 | $79.9K | -$3.6K | 1.6% |
| Ariadne Wealth Management, LP | 52,890 | +14 | $339.6K | -$2.0K | 0.0% |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | 126,901 | +7,451 | $758.9K | +$360 | 6.2% |
| Cambridge Investment Research Advisors, Inc. | 950,061 | +15,073 | $5.7K | -$256 | 1.6% |
| CIBC Private Wealth Group, LLC | 419 | +7 | $2.5K | -$106 | 1.7% |
| Mountain Hill Investment Partners Corp. | 123 | +2 | $734 | -$31 | 1.6% |
Reduced(57)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| Royal Bank of Canada | 667,601 | -1,774,785 | $4.0M | -$8.7M | -72.7% |
| MORGAN STANLEY | 2,822,936 | -364,695 | $16.9M | -$3.4M | -11.4% |
| Thomas J. Herzfeld Advisors, Inc. | 2,457,285 | -339,054 | $14.7M | -$3.1M | -12.1% |
| ADVISOR GROUP HOLDINGS, INC. | 106,141 | -194,636 | $634.8K | -$1.2M | -64.7% |
| Geneos Wealth Management Inc. | 928,473 | -53,254 | $5.6M | -$681.7K | -5.4% |
| Camelot Portfolios, LLC | 353,602 | -52,570 | $2.1M | -$464.7K | -12.9% |
| LPL Financial LLC | 636,467 | -26,576 | $3.8M | -$404.2K | -4.0% |
| IHT Wealth Management, LLC | 147,653 | -45,265 | $883.0K | -$342.1K | -23.5% |
| Matisse Capital | 617,000 | 0 | $3.7M | -$228.3K | 0.0% |
| Samalin Investment Counsel, LLC | 84,056 | -20,297 | $502.7K | -$160.0K | -19.4% |
| AEGON USA Investment Management, LLC | 88,168 | -17,727 | $527.2K | -$145.2K | -16.7% |
| Cetera Investment Advisers | 55,565 | -16,031 | $332.3K | -$122.4K | -22.4% |
| Arlington Capital Management, Inc. | 151,205 | -7,233 | $904.2K | -$101.9K | -4.6% |
| North Ground Capital | 192,701 | -4,295 | $1.2M | -$98.6K | -2.2% |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV | 122,317 | -7,769 | $731.5K | -$94.6K | -6.0% |
| UBS Group AG | 18,958 | -13,298 | $113.4K | -$91.5K | -41.2% |
| HighTower Advisors, LLC | 118,665 | -6,188 | $709.6K | -$83.2K | -5.0% |
| COMMONWEALTH EQUITY SERVICES, LLC | 13,550 | -582,419 | $81.0K | +$77.2K | -97.7% |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | 181,396 | 0 | $1.1M | -$67.1K | 0.0% |
| Alpine Global Management, LLC | 99,974 | -3,708 | $597.8K | -$60.5K | -3.6% |
| MILLENNIUM MANAGEMENT LLC | 28,850 | -6,867 | $172.5K | -$54.3K | -19.2% |
| Rockefeller Capital Management L.P. | 5,178 | -7,592 | $31.0K | -$50.1K | -59.5% |
| Aristides Capital LLC | 133,496 | 0 | $798.3K | -$49.4K | 0.0% |
| Mariner, LLC | 30,573 | -5,866 | $182.8K | -$48.6K | -16.1% |
| MML INVESTORS SERVICES, LLC | 19,703 | -3,323 | $117.8K | -$28.4K | -14.4% |
| INTEGRATED CAPITAL MANAGEMENT, INC. | 39,358 | -1,581 | $235.4K | -$24.6K | -3.9% |
| MidWestOne Financial Group, Inc. | 36,578 | 0 | $218.7K | -$13.5K | 0.0% |
| HB Wealth Management, LLC | 32,550 | 0 | $194.6K | -$12.0K | 0.0% |
| CSS LLC/IL | 32,516 | 0 | $194.4K | -$12.0K | 0.0% |
| MELFA WEALTH MANAGEMENT, LLC | 29,135 | 0 | $174.2K | -$10.8K | 0.0% |
| Abel Hall, LLC | 20,000 | 0 | $119.6K | -$7.4K | 0.0% |
| One Charles Private Wealth Services, LLC | 17,248 | 0 | $103.1K | -$6.4K | 0.0% |
| Yakira Capital Management, Inc. | 15,655 | 0 | $93.6K | -$5.8K | 0.0% |
| CHANNEL WEALTH LLC | 14,216 | 0 | $85.0K | -$5.3K | 0.0% |
| U.S. Capital Wealth Advisors, LLC | 12,827 | 0 | $76.7K | -$4.7K | 0.0% |
| STEPHENS INC /AR/ | 12,743 | 0 | $76.2K | -$4.7K | 0.0% |
| Koshinski Asset Management, Inc. | 11,625 | 0 | $69.5K | -$4.3K | 0.0% |
| Bulldog Investors, LLP | 10,715 | 0 | $64.1K | -$4.0K | 0.0% |
| COMERICA BANK | 6,156 | -264 | $36.8K | -$4.0K | -4.1% |
| WELLS FARGO & COMPANY/MN | 2 | -447 | $10 | -$2.8K | -99.5% |
| Legacy Wealth Managment, LLC/ID | 5,237 | 0 | $31.3K | -$1.9K | 0.0% |
| Byrne Asset Management LLC | 1,800 | 0 | $10.8K | -$666 | 0.0% |
| US BANCORP \DE\ | 1,775 | 0 | $10.6K | -$656 | 0.0% |
| Steward Partners Investment Advisory, LLC | 1,261 | 0 | $7.5K | -$466 | 0.0% |
| Triumph Capital Management | 900 | 0 | $5.4K | -$333 | 0.0% |
| Spire Wealth Management | 500 | 0 | $3.0K | -$185 | 0.0% |
| PARK AVENUE SECURITIES LLC | 184,621 | -7,213 | $1.1K | -$114 | -3.8% |
| CALDWELL SUTTER CAPITAL, INC. | 285 | 0 | $1.7K | -$106 | 0.0% |
| Sound Income Strategies, LLC | 382 | 0 | $2.4K | -$100 | 0.0% |
| GABLES CAPITAL MANAGEMENT INC. | 269 | 0 | $1.6K | -$99 | 0.0% |
| Inlight Wealth Management, LLC | 159 | -1 | $951 | -$65 | -0.6% |
| Cedar Mountain Advisors, LLC | 82 | 0 | $490 | -$31 | 0.0% |
| MAI Capital Management | 59 | 0 | $353 | -$22 | 0.0% |
| Janney Montgomery Scott LLC | 24,459 | -1,693 | $146 | -$20 | -6.5% |
| FMR LLC | 23 | 0 | $138 | -$8 | 0.0% |
| BANK OF AMERICA CORP /DE/ | 1,059 | 0 | $6.7K | $0 | 0.0% |
| AdvisorNet Financial, Inc | 1 | 0 | $9 | $0 | 0.0% |
Sold Out(12)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| GatePass Capital, LLC | 0 | -268,400 | $0 | -$1.4M | — |
| Balyasny Asset Management LLC | 0 | -42,780 | $0 | -$271.7K | — |
| B. Riley Wealth Advisors, Inc. | 0 | -24,430 | $0 | -$155.1K | — |
| GOLDMAN SACHS GROUP INC | 0 | -19,357 | $0 | -$122.9K | — |
| Catalyst Funds Management Pty Ltd | 0 | -10,800 | $0 | -$68.6K | — |
| Advisory Services Network, LLC | 0 | -8,171 | $0 | -$51.9K | — |
| CREATIVE FINANCIAL DESIGNS INC /ADV | 0 | -2,363 | $0 | -$15.0K | — |
| Russell Investments Group, Ltd. | 0 | -400 | $0 | -$2.5K | — |
| HRT FINANCIAL LP | 0 | -38,356 | $0 | -$243 | — |
| Wealthspire Advisors, LLC | 0 | -7 | $0 | -$44 | — |
| Strategic Wealth Partners, Ltd. | 0 | -6 | $0 | -$38 | — |
| CWM, LLC | 0 | -3,747 | $0 | -$24 | — |