SEPZ · TrueShares Structured Outcome (September) ETF ETF

$46.43 -0.14 (-0.29%) 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: 33

Total Value: $75,047,014

Total Shares: 1,847,903

Institutional Ownership Trend

23 quarters

Holder Concentration

Across 33 13F filers · Δ vs Dec 31, 2025

Top Holder

55.6%

+3.3 pts

Top 5

77.4%

−1.6 pts

Top 10

89.3%

−1.3 pts

HHI

3,314

Highly concentrated+309

Quarterly Activity

vs Dec 31, 2025

New

Increased

Decreased

Sold Out

Unchanged

Holder count: +3

Institutional value: -9.4%

Shares held: -5.8%

Top Buyers

vs Dec 31, 2025

Institution	Added	Now Holds
Small TrueMark Investments, LLC	+23,967	229,174
Large AE Wealth Management LLC	+1,166	1,027,670
Micro FWG Investments, LLC.	+505	33,715
Micro Key Capital Management, INC	+399	473
Micro Quest 10 Wealth Builders, Inc.	+228	12,178

Top Sellers

vs Dec 31, 2025

Institution	Sold	Now Holds
Micro Lloyd Advisory Services, LLC.	−185,900	9,572
Small Outlook Wealth Advisors, LLC	−8,383	8,380
Micro LifeWealth Investments, LLC	−7,112	21,443
Large OSAIC HOLDINGS, INC.	−6,930	7,782
Small SMART Wealth LLC	−3,786	47,636

Top New Positions

vs Dec 31, 2025

Institution	Acquired	Value (USD)
Small Elevated Capital Advisors, LLC	52,513	$2,132,657
Micro FSA Advisors, Inc.	14,489	$588,427
Micro POM Investment Strategies, LLC	14,070	$571,410
Mid OLD MISSION CAPITAL LLC	5,455	$221,538
Large US BANCORP \DE\	31	$1,258

Top Sold-Out Positions

vs Dec 31, 2025

Institution	Previously Held	Last Value (USD)
Small Principia Wealth Advisory, LLC	1,223	$51,683
Large Kestra Advisory Services, LLC	1,069	$45,175
Mega UBS Group AG	114	$4,817

Filter: New 6 Increased 6 Reduced 17 Sold out 3 Unchanged 4

Showing 33 of 33

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

AE Wealth Management LLC SEPZ

$41,735,727

55.61%

1,027,670

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

Manager	Shares	Value (USD)	% of position	Discretion
Tounjian Advisory Group, LLC	44	$1,786	0.0%	Other
B.O.S.S. Retirement Advisors, LLC	1,010	$41,018	0.1%	Other
Capital A Wealth Management, LLC	42	$1,705	0.0%	Other
Fletcher Financial Group	334	$13,564	0.0%	Other
Montgomery Financial Services	477	$19,371	0.0%	Other
SMART Wealth LLC	0	$0	0.0%	Other
Strickler Financial Group	52	$2,111	0.0%	Other
The Lifewealth Group	127	$5,157	0.0%	Other
Lloyd Advisory Services, LLC.	2,794	$113,469	0.3%	Other
Wellment Financial	63	$2,558	0.0%	Other
Held directly	1,022,727	$41,534,988	99.5%	Other

TrueMark Investments, LLC SEPZ

$9,307,214

12.40%

229,174

Weaver Consulting Group SEPZ

$2,825,539

3.77%

69,574

Elevated Capital Advisors, LLC SEPZ

$2,132,657

2.84%

52,513

Valtinson Bruner Financial Planning LLC SEPZ

$2,079,171

2.77%

51,196

SMART Wealth LLC SEPZ

$1,934,593

2.58%

47,636

Wellment Financial SEPZ

$1,926,308

2.57%

47,432

B.O.S.S. Retirement Advisors, LLC SEPZ

$1,917,048

2.55%

47,204

HOWARD BAILEY SECURITIES, LLC SEPZ

$1,790,055

2.39%

44,077

FWG Investments, LLC. SEPZ

$1,369,233

1.82%

33,715

Integrated Wealth Management SEPZ

$939,883

1.25%

23,143

Great Lakes Retirement, Inc. SEPZ

$938,868

1.25%

23,118

LifeWealth Investments, LLC SEPZ

$870,843

1.16%

21,443

Centennial Advisors, LLC SEPZ

$731,056

0.97%

18,001

FSA Advisors, Inc. SEPZ

$588,427

0.78%

14,489

POM Investment Strategies, LLC SEPZ

$571,410

0.76%

14,070

Quest 10 Wealth Builders, Inc. SEPZ

$494,572

0.66%

12,178

Csenge Advisory Group SEPZ

$420,171

0.56%

10,346

Kingdom Financial Group LLC. SEPZ

$388,738

0.52%

9,572

Lloyd Advisory Services, LLC. SEPZ

$388,738

0.52%

9,572

Outlook Wealth Advisors, LLC SEPZ

$340,328

0.45%

8,380

Capital Investment Advisory Services, LLC SEPZ

$318,479

0.42%

7,842

OSAIC HOLDINGS, INC. SEPZ

$316,042

0.42%

7,782

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

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	7,782	$316,042	100.0%	Defined

Networth Advisors, LLC SEPZ

$279,126

0.37%

6,873

OLD MISSION CAPITAL LLC SEPZ

$221,538

0.30%

5,455

DHJJ Financial Advisors, Ltd. SEPZ

$75,010

0.10%

1,847

Arax Advisory Partners SEPZ

$68,146

0.09%

1,678

HARBOUR INVESTMENTS, INC. SEPZ

$44,673

0.06%

1,100

Key Capital Management, INC SEPZ

$19,209

0.03%

473

Decker Retirement Planning Inc. SEPZ

$10,437

0.01%

257

ASSETMARK, INC SEPZ

$1,746

0.00%

US BANCORP \DE\ SEPZ

$1,258

0.00%

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

Manager	Shares	Value (USD)	% of position	Discretion
US BANK NATIONAL ASSOCIATION	31	$1,258	100.0%	Defined

Mosley Wealth Management SEPZ

$771

0.00%

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

Manager	Shares	Value (USD)	% of position	Discretion
UBS Securities LLC	114	$4,817	100.0%	Defined