ALPS Equal Sector Weight ETF

EQL • ARCA

ALPS Equal Sector Weight ETF is an exchange-traded fund on ARCA. As of Q3 2025, 61 institutional investors hold shares in this ETF, with total holdings valued at $240.2M. BANK OF AMERICA CORP /DE/ is the largest holder with a position valued at $67.6M.

Overview

Overview of institutional ownership in EQL as of Q3 2025

All Institutions

Institutions: 61
Value Held: $240.2M
Shares Held: 5.2M
Avg Position: $3.9M
Median Position: $521.0K

Hedge Funds

Hedge Funds: 1
Value Held: $345.6K
Shares Held: 7.5K
Avg Position: $345.6K
Median Position: $345.6K

Biggest Investors

Institutions with the largest positions in EQL as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$67.6M 0.01% of portfolio	1.5M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
RAYMOND JAMES FINANCIAL INC RIA/Wealth	Steven Robert Marcus CEO	$42.3M 0.01% of portfolio	918.6K shares	Q4 2024 Held for 11 months	$310.43B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$34.7M 0.00% of portfolio	754.4K shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
AMERIPRISE FINANCIAL INC Institution	Jim Cracchiolo CEO	$18.4M 0.00% of portfolio	373.0K shares	Q4 2022 Held for 2y 11m	$433.11B
L LPL Financial LLC Institution	-	$13.5M 0.00% of portfolio	292.2K shares	≤ Q2 2013 Held for 12y 5m+	$340.07B
Cetera Investment Advisers RIA/Wealth	Joseph Daniel Neary CEO	$10.9M 0.01% of portfolio	236.7K shares	Q1 2024 Held for 1y 8m	$85.4B
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$7.9M 0.00% of portfolio	171.6K shares	≤ Q2 2013 Held for 12y 5m+	$488.50B
CWM, LLC RIA/Wealth	George Burton White CEO	$5.4M 0.02% of portfolio	117.4K shares	Q3 2025 Held for 2 months	$31.5B
UBS Group AG Institution	Sergio P. Ermotti CEO	$4.5M 0.00% of portfolio	98.7K shares	Q4 2014 Held for 10y 11m	$511.54B
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	Wayne Michael Bloom CEO	$3.5M 0.00% of portfolio	76.8K shares	Q4 2017 Held for 7y 11m	$71.1B

Net Capital Flow

Institutional buying and selling activity for EQL in Q3 2025

Traded: +$12.1M
Buyers: 29
Sellers: 21
Total Bought: +$15.4M
Total Sold: −$3.3M
Avg Position: $3.6M

Biggest Buyers

Institution	Net Bought	Current Position
CWM, LLC RIA/Wealth	+$5.4M +117.4K shares	$5.4M 117.4K shares
BANK OF AMERICA CORP /DE/ Institution	+$2.1M +44.8K shares	$67.6M 1.5M shares
J JANE STREET GROUP, LLC Institution	+$1.1M +24.2K shares	$1.1M 24.2K shares
G GTS SECURITIES LLC Institution	+$909.5K +19.8K shares	$909.5K 19.8K shares
Mountain Capital Investment Advisors, Inc RIA/Wealth	+$784.2K +-912.5K shares	$784.2K 17.0K shares
MORGAN STANLEY RIA/Wealth	+$567.1K +12.3K shares	$34.7M 754.4K shares
L LPL Financial LLC Institution	+$531.3K +11.5K shares	$13.5M 292.2K shares
WELLS FARGO & COMPANY/MN Institution	+$520.0K +11.3K shares	$7.9M 171.6K shares
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	+$493.8K +10.7K shares	$3.5M 76.8K shares
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	+$479.0K +10.4K shares	$2.1M 45.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
AMERIPRISE FINANCIAL INC Institution	−$1.2M −24.3K shares	$18.4M 373.0K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$730.8K −16.7K shares	Sold Off 0 shares
Gateway Wealth Partners, LLC RIA/Wealth	−$328.8K −7.1K shares	$2.2M 47.5K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	−$164.4K −3.6K shares	$42.3M 918.6K shares
ORG Partners LLC RIA/Wealth	−$155.3K −3.4K shares	$688.3K 15.0K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	−$139.7K −3.0K shares	$1.1M 24.9K shares
NORTHERN TRUST CORP Institution	−$87.3K −1.9K shares	$328.3K 7.1K shares
SMITH, MOORE & CO. RIA/Wealth	−$80.6K −1.8K shares	$1.4M 30.7K shares
Cetera Investment Advisers RIA/Wealth	−$66.1K −1.4K shares	$10.9M 236.7K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$65.1K −1.4K shares	$266.1K 5.8K shares

Entry and Exit Activity

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

New Positions: 7
New Value: $1.1M
Exited Positions: 5
Exited Value: $792.2K

New Positions

Institution	Position Value
Cambridge Investment Research Advisors, Inc. RIA/Wealth	$251.8K 5.5K shares
Equitable Holdings, Inc. Institution	$236.4K 5.1K shares
I Intrepid Financial Planning Group LLC RIA/Wealth	$223.0K 4.8K shares
Steward Partners Investment Advisory, LLC RIA/Wealth	$170.4K 3.7K shares
Sontag Advisory, LLC RIA/Wealth	$149.1K 3.2K shares
CULLEN/FROST BANKERS, INC. Institution	$29.1K 633.0 shares
Hopwood Financial Services, Inc. RIA/Wealth	$13.8K 300.0 shares

Exited Positions

Institution	Previous Position
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$730.8K 16.7K shares
R Ronald Blue Trust, Inc. Institution	$38.0K 867.0 shares
GENWORTH FINANCIAL WEALTH MANAGEMENT, INC Long Only Manager	$17.5K 400.0 shares
SRS Capital Advisors, Inc. RIA/Wealth	$5.8K 133.0 shares
T TOTAL INVESTMENT MANAGEMENT INC Institution	$8.0 0.2 shares

Options Activity

Institutions with the largest Call and Put options positions in EQL 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 EQL as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
PUREfi Wealth, LLC RIA/Wealth	Paul Michael Simons CEO	0.71% $914.9K	19.9K shares	Q4 2024 Held for 11 months	$129.7M
M Maltin Wealth Management, Inc. Institution	-	0.43% $950.7K	20.7K shares	Q1 2024 Held for 1y 8m	$223.6M
Gateway Wealth Partners, LLC RIA/Wealth	Eric Dale Hall CEO	0.30% $2.2M	47.5K shares	Q4 2022 Held for 2y 11m	$738.2M
DELTA CAPITAL MANAGEMENT LLC Long Only Manager	Anthony John Cavlov Member	0.21% $372.8K	8.1K shares	Q4 2024 Held for 11 months	$177.0M
BostonPremier Wealth LLC RIA/Wealth	Mark Robert Bossey Founder	0.15% $304.7K	6.6K shares	Q4 2024 Held for 11 months	$200.9M
Mountain Capital Investment Advisors, Inc RIA/Wealth	Michelle Lee Burns Founder	0.14% $784.2K	17.0K shares	Q1 2025 Held for 8 months	$567.8M
ORG Partners LLC RIA/Wealth	Todd Jeffrey Stewart CEO	0.13% $688.3K	15.0K shares	Q2 2023 Held for 2y 5m	$521.1M
SMITH, MOORE & CO. RIA/Wealth	Stewart James Jr Deutsch CEO	0.11% $1.4M	30.7K shares	Q4 2020 Held for 4y 11m	$1.3B
MONTICELLO WEALTH MANAGEMENT, LLC RIA/Wealth	Todd Lee Brockwell President	0.09% $1.3M	28.2K shares	Q2 2024 Held for 1y 5m	$1.5B
I Intrepid Financial Planning Group LLC RIA/Wealth	James Barber Twining CEO	0.09% $223.0K	4.8K shares	Q3 2025 Held for 2 months	$254.2M