QVAL · Alpha Architect U.S. Quantitative Value ETF ETF

$62.02 -0.19 (-0.31%) At close · Sep 4

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Quarter:

Holders: 41

Total Value: $147,564,849

Total Shares: 3,644,477

Institutional Ownership Trend

16 quarters

Holder Concentration

Across 41 13F filers · Δ vs Sep 30, 2023

Top Holder

31.7%

+3.3 pts

Top 5

67.0%

+0.3 pts

Top 10

83.5%

+2.4 pts

HHI

1,481

Broadly held+85

Quarterly Activity

vs Sep 30, 2023

New

Increased

Decreased

Sold Out

Unchanged

Holder count: -5

Institutional value: -2.1%

Shares held: -10.3%

Top Buyers

vs Sep 30, 2023

Institution	Added	Now Holds
Small Ethos Financial Group, LLC	+27,880	113,622
Mid Belpointe Asset Management LLC	+26,878	57,767
Large CWM, LLC	+22,564	58,070
Mid Private Advisor Group, LLC	+17,921	79,959
Mid Waverly Advisors, LLC	+8,959	207,779

Top Sellers

vs Sep 30, 2023

Institution	Sold	Now Holds
Mid Empirical Finance, LLC	−220,385	603,767
Large Empowered Funds, LLC	−60,342	224,910
Large Tidal Investments LLC	−35,594	9,491
Mega ROYAL BANK OF CANADA	−13,708	95,080
Micro Kathleen S. Wright Associates Inc.	−9,607	101,499

Top New Positions

vs Sep 30, 2023

Institution	Acquired	Value (USD)
Micro Valley Financial Group, Inc.	172,584	$6,987,926
Micro One Degree Advisors Inc	105,141	$4,257,159
Large Pathstone Holdings, LLC	12,172	$492,844
Micro Aspect Partners, LLC	8,916	$361,008
Large Cambridge Investment Research Advisors, Inc.	8,610	$348,618

Top Sold-Out Positions

vs Sep 30, 2023

Institution	Previously Held	Last Value (USD)
Small Kathmere Capital Management, LLC	146,937	$5,452,832
Micro ONE PLUS ONE WEALTH MANAGEMENT, LLC	109,009	$4,045,323
Large Raymond James Financial Services Advisors, Inc.	105,365	$3,910,095
Micro Meredith Wealth Planning	27,783	$1,031,027
Small Well Done, LLC	24,198	$897,987

Filter: New 9 Increased 9 Reduced 14 Sold out 14 Unchanged 9

Showing 41 of 41

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Strid Group, LLC QVAL

$46,810,205

31.72%

1,156,093

Empirical Finance, LLC QVAL

$24,446,525

16.57%

603,767

MENLO ADVISORS LLC QVAL

$10,019,776

6.79%

247,463

Empowered Funds, LLC QVAL

$9,106,605

6.17%

224,910

Waverly Advisors, LLC QVAL

$8,412,971

5.70%

207,779

Valley Financial Group, Inc. QVAL

$6,987,926

4.74%

172,584

Ethos Financial Group, LLC QVAL

$4,600,554

3.12%

113,622

Stokes Family Office, LLC QVAL

$4,442,522

3.01%

109,719

One Degree Advisors Inc QVAL

$4,257,159

2.88%

105,141

Kathleen S. Wright Associates Inc. QVAL

$4,109,693

2.79%

101,499

ROYAL BANK OF CANADA QVAL

$3,849,788

2.61%

95,080

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC Capital Markets, LLC	92,303	$3,737,348	97.1%	Defined
RBC Dominion Securities Inc.	2,443	$98,917	2.6%	Defined
RBC Private Counsel (USA) Inc.	334	$13,523	0.4%	Defined

QUARRY HILL ADVISORS, LLC QVAL

$3,378,485

2.29%

83,440

Private Advisor Group, LLC QVAL

$3,237,539

2.19%

79,959

LPL Financial LLC QVAL

$2,381,986

1.61%

58,829

CWM, LLC QVAL

$2,351,254

1.59%

58,070

Belpointe Asset Management LLC QVAL

$2,338,985

1.59%

57,767

Private Portfolio Partners LLC QVAL

$827,413

0.56%

20,435

Financial Advocates Investment Management QVAL

$735,095

0.50%

18,155

Betterment LLC QVAL

$599,575

0.41%

14,808

Pathstone Holdings, LLC QVAL

$492,844

0.33%

12,172

SUSQUEHANNA INTERNATIONAL GROUP, LLP QVAL

$413,888

0.28%

10,222

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	10,222	$413,888	100.0%	Defined

9258 Wealth Management, LLC QVAL

$392,753

0.27%

9,700

Tidal Investments LLC QVAL

$384,290

0.26%

9,491

Aspect Partners, LLC QVAL

$361,008

0.24%

8,916

Cambridge Investment Research Advisors, Inc. QVAL

$348,618

0.24%

8,610

Cetera Advisor Networks LLC QVAL

$336,512

0.23%

8,311

OSAIC HOLDINGS, INC. QVAL

$322,946

0.22%

7,976

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	4,172	$168,924	52.3%	Defined
WOODBURY FINANCIAL SERVICES, INC.	1,379	$55,835	17.3%	Defined
SECURITIES AMERICA ADVISORS INC	800	$32,392	10.0%	Defined
TRIAD HYBRID SOLUTIONS, LLC	30	$1,214	0.4%	Defined
American Portfolios Advisors	1,595	$64,581	20.0%	Sole

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO QVAL

$306,428

0.21%

7,568

Legacy Capital Group California, Inc. QVAL

$296,832

0.20%

7,331

Lansing Street Advisors QVAL

$285,859

0.19%

7,060

Almanack Investment Partners, LLC. QVAL

$284,239

0.19%

7,020

O'SHAUGHNESSY ASSET MANAGEMENT, LLC QVAL

$247,110

0.17%

6,103

MORGAN STANLEY QVAL

$106,164

0.07%

2,622

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY SMITH BARNEY LLC	1,411	$57,131	53.8%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	1,211	$49,033	46.2%	Defined

UBS Group AG QVAL

$43,729

0.03%

1,080

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Securities LLC	1,080	$43,729	100.0%	Sole

Fortis Advisors, LLC QVAL

$20,528

0.01%

507

COMERICA BANK QVAL

$12,673

0.01%

313

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Comerica Bank	313	$12,673	100.0%	Sole

JPMORGAN CHASE & CO QVAL

$5,344

0.00%

132

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
55I, LLC	132	$5,344	100.0%	Sole

Farther Finance Advisors, LLC QVAL

$4,939

0.00%

122

Steward Partners Investment Advisory, LLC QVAL

$4,049

0.00%

100

WELLS FARGO & COMPANY/MN QVAL

$40

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO CLEARING SERVICES, LLC	1	$40	100.0%	Defined

PROEQUITIES, INC. QVAL

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	7,200	$267,192	100.0%	Defined