TrueShares Structured Outcome

DECZ • BATS

TrueShares Structured Outcome is an exchange-traded fund on BATS. As of Q3 2025, 26 institutional investors hold shares in this ETF, with total holdings valued at $40.1M. AE Wealth Management LLC is the largest holder with a position valued at $17.7M.

Overview

Overview of institutional ownership in DECZ as of Q3 2025

All Institutions

Institutions: 26
Value Held: $40.1M
Shares Held: 983.7K
Avg Position: $1.5M
Median Position: $266.8K

Hedge Funds

Hedge Funds: 0
Value Held: -
Shares Held: -
Avg Position: -
Median Position: -

Biggest Investors

Institutions with the largest positions in DECZ as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
AE Wealth Management LLC RIA/Wealth	David James Callanan CEO	$17.7M 0.12% of portfolio	433.5K shares	Q3 2023 Held for 2y 2m	$15.2B
T TrueMark Investments, LLC Institution	Michael Norman Loukas CEO	$9.2M 1.60% of portfolio	226.0K shares	Q1 2025 Held for 8 months	$574.7M
Lloyd Advisory Services, LLC. RIA/Wealth	Mark Alan Lloyd CEO	$3.2M 1.61% of portfolio	77.6K shares	Q4 2023 Held for 1y 11m	$196.9M
B B.O.S.S. Retirement Advisors, LLC RIA/Wealth	Ryan Thacker Founder	$1.7M 0.43% of portfolio	42.9K shares	Q3 2024 Held for 1y 2m	$405.0M
E Elevated Capital Advisors, LLC RIA/Wealth	Sean Patrick Lee Managing Partner	$1.2M 0.31% of portfolio	30.5K shares	Q2 2024 Held for 1y 5m	$398.5M
L LifeWealth Investments, LLC Institution	-	$1.2M 0.35% of portfolio	28.3K shares	Q4 2024 Held for 11 months	$334.1M
W Weaver Consulting Group RIA/Wealth	Jason Michael Weaver Managing Partner	$1.0M 0.27% of portfolio	25.5K shares	Q4 2020 Held for 4y 11m	$382.8M
F FSR Wealth Management Ltd. Institution	-	$821.4K 1.18% of portfolio	20.2K shares	Q4 2024 Held for 11 months	$69.8M
HOWARD BAILEY SECURITIES, LLC RIA/Wealth	Casey Bailey Weade CEO	$798.6K 0.33% of portfolio	19.6K shares	Q3 2024 Held for 1y 2m	$239.8M
G Great Lakes Retirement, Inc. Institution	-	$565.1K 0.06% of portfolio	13.9K shares	Q3 2023 Held for 2y 2m	$913.2M

Net Capital Flow

Institutional buying and selling activity for DECZ in Q3 2025

Traded: +$32.6M
Buyers: 18
Sellers: 6
Total Bought: +$33.6M
Total Sold: −$955.2K
Avg Position: $1.4M

Biggest Buyers

Institution	Net Bought	Current Position
AE Wealth Management LLC RIA/Wealth	+$17.4M +426.9K shares	$17.7M 433.5K shares
T TrueMark Investments, LLC Institution	+$6.0M +148.4K shares	$9.2M 226.0K shares
Lloyd Advisory Services, LLC. RIA/Wealth	+$3.2M +77.6K shares	$3.2M 77.6K shares
B B.O.S.S. Retirement Advisors, LLC RIA/Wealth	+$1.7M +42.9K shares	$1.7M 42.9K shares
L LifeWealth Investments, LLC Institution	+$1.2M +28.3K shares	$1.2M 28.3K shares
F FSR Wealth Management Ltd. Institution	+$821.4K +20.2K shares	$821.4K 20.2K shares
HOWARD BAILEY SECURITIES, LLC RIA/Wealth	+$798.6K +19.6K shares	$798.6K 19.6K shares
G Great Lakes Retirement, Inc. Institution	+$565.1K +13.9K shares	$565.1K 13.9K shares
SMART Wealth LLC RIA/Wealth	+$558.6K +13.7K shares	$558.6K 13.7K shares
Outlook Wealth Advisors, LLC RIA/Wealth	+$352.7K +8.7K shares	$352.7K 8.7K shares

Biggest Sellers

Institution	Net Sold	Current Position
Change Path, LLC RIA/Wealth	−$539.2K −14.0K shares	Sold Off 0 shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$210.7K −5.5K shares	Sold Off 0 shares
E Elevated Capital Advisors, LLC RIA/Wealth	−$144.3K −3.5K shares	$1.2M 30.5K shares
UBS Group AG Institution	−$53.9K −1.3K shares	$80.2K 2.0K shares
DHJJ Financial Advisors, Ltd. RIA/Wealth	−$4.1K −100.0 shares	$24.8K 609.0 shares
Ameritas Advisory Services, LLC RIA/Wealth	−$3.2K −82.0 shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited DECZ in Q3 2025

New Positions: 1
New Value: $129.8K
Exited Positions: 3
Exited Value: $753.0K

New Positions

Institution	Position Value
J JONES FINANCIAL COMPANIES LLLP Institution	$129.8K 3.2K shares

Exited Positions

Institution	Previous Position
Change Path, LLC RIA/Wealth	$539.2K 14.0K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$210.7K 5.5K shares
Ameritas Advisory Services, LLC RIA/Wealth	$3.2K 82.0 shares

Options Activity

Institutions with the largest Call and Put options positions in DECZ as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with DECZ as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Lloyd Advisory Services, LLC. RIA/Wealth	Mark Alan Lloyd CEO	1.61% $3.2M	77.6K shares	Q4 2023 Held for 1y 11m	$196.9M
T TrueMark Investments, LLC Institution	Michael Norman Loukas CEO	1.60% $9.2M	226.0K shares	Q1 2025 Held for 8 months	$574.7M
F FSR Wealth Management Ltd. Institution	-	1.18% $821.4K	20.2K shares	Q4 2024 Held for 11 months	$69.8M
B B.O.S.S. Retirement Advisors, LLC RIA/Wealth	Ryan Thacker Founder	0.43% $1.7M	42.9K shares	Q3 2024 Held for 1y 2m	$405.0M
L LifeWealth Investments, LLC Institution	-	0.35% $1.2M	28.3K shares	Q4 2024 Held for 11 months	$334.1M
HOWARD BAILEY SECURITIES, LLC RIA/Wealth	Casey Bailey Weade CEO	0.33% $798.6K	19.6K shares	Q3 2024 Held for 1y 2m	$239.8M
E Elevated Capital Advisors, LLC RIA/Wealth	Sean Patrick Lee Managing Partner	0.31% $1.2M	30.5K shares	Q2 2024 Held for 1y 5m	$398.5M
W Weaver Consulting Group RIA/Wealth	Jason Michael Weaver Managing Partner	0.27% $1.0M	25.5K shares	Q4 2020 Held for 4y 11m	$382.8M
SMART Wealth LLC RIA/Wealth	David Andrew Brooks CEO	0.22% $558.6K	13.7K shares	Q3 2024 Held for 1y 2m	$250.6M
Family Wealth Group, LLC RIA/Wealth	Brian Keith Staples COO	0.22% $287.1K	7.0K shares	Q4 2023 Held for 1y 11m	$131.3M