| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| FOUNDATIONS INVESTMENT ADVISORS, LLC | 91% | -2.3% | $41,985,320 | -$3,025,704 | 4,882,014 | -6.7% | FOUNDATIONS INVESTMENT ADVISORS, LLC | 30 Sep 2025 |
As of 30 Sep 2025, 15 institutional investors reported holding 5,504,532 shares of Two Roads Shared Trust - Exchange Traded Product (ADFI). This represents 103% of the company’s total 5,347,222 outstanding shares.
The largest institutional shareholders of Two Roads Shared Trust - Exchange Traded Product (ADFI) together control 103% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| Foundations Investment Advisors, LLC | 91% | 4,882,014 | -5.9% | 0.61% | $41,985,318 |
| Anfield Capital Management, LLC | 4.1% | 220,887 | -0.16% | 0.56% | $1,899,628 |
| GeoWealth Management, LLC | 3.2% | 169,768 | -7.8% | 0.05% | $1,460,005 |
| Independent Advisor Alliance | 1.1% | 58,370 | -0.6% | 0.01% | $501,982 |
| AdvisorNet Financial, Inc | 0.78% | 41,521 | -43% | 0.02% | $357,080 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 0.57% | 30,512 | 0% | $262,403 | |
| TCFG WEALTH MANAGEMENT, LLC | 0.42% | 22,338 | +7.9% | 0.08% | $192,218 |
| Atria Investments, Inc | 0.41% | 21,936 | -0.42% | 0% | $188,650 |
| JANE STREET GROUP, LLC | 0.36% | 19,164 | -44% | 0% | $164,810 |
| SLT Holdings LLC | 0.25% | 13,132 | -93% | 0.07% | $112,935 |
| CITADEL ADVISORS LLC | 0.24% | 12,818 | +4.3% | 0% | $110,235 |
| Fisher Asset Management, LLC | 0.21% | 11,282 | 0% | $97,025 | |
| AE Wealth Management LLC | 0.01% | 433 | -75% | 0% | $3,724 |
| HARBOUR INVESTMENTS, INC. | 0% | 258 | 0% | 0% | $2,219 |
| UBS Group AG | 0% | 99 | -99% | 0% | $851 |
| MORGAN STANLEY | 0% | 0 | -100% | $0 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 41,962 | $359,818 | +$3,782 | $8.57 | 1 |
| 2025 Q3 | 5,504,532 | $47,339,083 | -$4,349,697 | $8.60 | 15 |
| 2025 Q2 | 6,010,323 | $51,252,433 | -$1,763,777 | $8.53 | 14 |
| 2025 Q1 | 6,217,234 | $52,877,582 | +$4,891,590 | $8.50 | 12 |
| 2024 Q4 | 5,715,860 | $47,978,446 | +$2,161,361 | $8.39 | 12 |
| 2024 Q3 | 5,250,783 | $46,012,437 | +$2,092,391 | $8.77 | 7 |
| 2024 Q2 | 5,013,156 | $42,561,695 | +$16,311,978 | $8.49 | 6 |
| 2024 Q1 | 3,081,914 | $26,288,728 | +$1,584,978 | $8.53 | 8 |
| 2023 Q4 | 2,929,616 | $25,250,554 | +$1,774,890 | $8.61 | 10 |
| 2023 Q3 | 2,664,350 | $21,927,596 | +$1,914,956 | $8.23 | 9 |
| 2023 Q2 | 2,429,312 | $20,539,858 | +$4,083,934 | $8.46 | 7 |
| 2023 Q1 | 1,946,292 | $16,611,625 | +$2,152,965 | $8.54 | 7 |
| 2022 Q4 | 1,694,113 | $14,147,944 | +$1,982,962 | $8.32 | 7 |
| 2022 Q3 | 1,457,814 | $11,931,000 | +$693,906 | $8.18 | 6 |
| 2022 Q2 | 1,373,006 | $11,679,000 | +$48,202 | $8.51 | 6 |
| 2022 Q1 | 1,367,266 | $12,170,000 | +$1,137,198 | $9.04 | 3 |
| 2021 Q4 | 1,235,494 | $11,744,000 | +$3,063,356 | $9.56 | 5 |
| 2021 Q3 | 787,180 | $7,611,000 | -$2,990,880 | $9.62 | 5 |
| 2021 Q2 | 1,094,104 | $10,672,000 | +$638,190 | $9.73 | 5 |
| 2021 Q1 | 1,028,446 | $9,938,000 | +$7,557,308 | $9.67 | 3 |
| 2020 Q4 | 245,916 | $2,452,000 | +$2,982 | $9.97 | 2 |
| 2020 Q3 | 245,599 | $2,448,000 | +$2,448,000 | $9.98 | 2 |