| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| FOUNDATIONS INVESTMENT ADVISORS, LLC | 6.4% | -16% | $9,193,007 | -$1,756,493 | 979,021 | -16% | FOUNDATIONS INVESTMENT ADVISORS, LLC | 30 Sep 2025 |
As of 30 Sep 2025, 24 institutional investors reported holding 17,919,713 shares of Two Roads Shared Trust - Exchange Traded Product (AFIF). This represents 117% of the company’s total 15,297,203 outstanding shares.
The largest institutional shareholders of Two Roads Shared Trust - Exchange Traded Product (AFIF) together control 117% 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 |
|---|---|---|---|---|---|
| First International Bank & Trust | 50% | 7,608,507 | -2.7% | 25% | $71,443,881 |
| Drake & Associates, LLC | 20% | 3,080,511 | 6.1% | $29,110,829 | |
| AdvisorNet Financial, Inc | 14% | 2,090,539 | +243% | 1.1% | $19,630,159 |
| Darwin Wealth Management, LLC | 8.2% | 1,256,266 | +1% | 3.7% | $11,796,343 |
| Mariner, LLC | 7% | 1,066,846 | -9.9% | 0.01% | $10,017,685 |
| Foundations Investment Advisors, LLC | 6.4% | 979,021 | -11% | 0.13% | $9,193,011 |
| Sonoma Allocations LLC | 2.9% | 443,786 | 0% | 1.5% | $4,165,959 |
| MML INVESTORS SERVICES, LLC | 2.1% | 314,118 | -1.7% | 0.01% | $2,949,564 |
| ENVESTNET ASSET MANAGEMENT INC | 2% | 312,491 | +3% | 0% | $2,934,290 |
| XY Planning Network, Inc. | 1.7% | 260,163 | 0% | 0.82% | $2,423,158 |
| GeoWealth Management, LLC | 1.5% | 229,656 | -70% | 0.08% | $2,156,470 |
| LPL Financial LLC | 0.9% | 138,018 | +146% | 0% | $1,295,989 |
| JANE STREET GROUP, LLC | 0.25% | 37,614 | -8.4% | 0% | $353,195 |
| GTS SECURITIES LLC | 0.14% | 20,768 | +74% | 0.01% | $195,012 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 0.13% | 20,128 | 0% | $189,002 | |
| Avior Wealth Management, LLC | 0.12% | 18,486 | -11% | 0.01% | $172,744 |
| HRT FINANCIAL LP | 0.12% | 17,603 | +67% | 0% | $165,000 |
| Encompass More Asset Management | 0.08% | 12,109 | 0% | 0.02% | $113,704 |
| DecisionPoint Financial, LLC | 0.04% | 5,647 | 0% | 0.01% | $53,195 |
| HARBOUR INVESTMENTS, INC. | 0.04% | 5,411 | 0% | 0% | $50,809 |
| Anfield Capital Management, LLC | 0.01% | 1,025 | +7.2% | 0% | $9,622 |
| Quest 10 Wealth Builders, Inc. | 0% | 469 | 0% | 0% | $4,404 |
| Farther Finance Advisors, LLC | 0% | 319 | 0% | 0% | $2,995 |
| WELLS FARGO & COMPANY/MN | 0% | 212 | 0% | $1,992 | |
| CITADEL ADVISORS LLC | 0% | 0 | -100% | $0 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 2,604,296 | $24,505,942 | +$4,660,854 | $9.41 | 5 |
| 2025 Q3 | 17,919,713 | $168,429,012 | +$33,663,413 | $9.39 | 24 |
| 2025 Q2 | 13,913,807 | $129,591,452 | -$6,100,134 | $9.31 | 26 |
| 2025 Q1 | 14,569,526 | $134,103,689 | +$34,260,335 | $9.21 | 27 |
| 2024 Q4 | 10,849,743 | $99,273,574 | -$3,173,804 | $9.15 | 27 |
| 2024 Q3 | 11,195,914 | $103,224,713 | +$1,375,855 | $9.22 | 21 |
| 2024 Q2 | 11,070,111 | $100,792,072 | -$3,232,214 | $9.10 | 21 |
| 2024 Q1 | 11,425,348 | $103,968,846 | +$2,910,963 | $9.10 | 21 |
| 2023 Q4 | 11,123,403 | $100,641,254 | -$4,454,062 | $9.04 | 21 |
| 2023 Q3 | 11,621,505 | $103,430,991 | -$2,475,424 | $8.90 | 23 |
| 2023 Q2 | 11,899,801 | $104,750,149 | -$4,710,287 | $8.80 | 19 |
| 2023 Q1 | 12,435,083 | $109,259,422 | -$2,839,984 | $8.78 | 18 |
| 2022 Q4 | 12,761,021 | $111,807,415 | -$4,305,405 | $8.75 | 22 |
| 2022 Q3 | 13,257,271 | $114,503,000 | -$99,798 | $8.64 | 15 |
| 2022 Q2 | 13,260,231 | $117,543,000 | -$4,934,973 | $8.86 | 12 |
| 2022 Q1 | 13,780,366 | $127,192,000 | +$1,018,333 | $9.23 | 13 |
| 2021 Q4 | 13,669,719 | $130,621,000 | -$4,019,437 | $9.57 | 14 |
| 2021 Q3 | 6,038,759 | $58,127,000 | +$3,124,131 | $9.63 | 14 |
| 2021 Q2 | 5,678,695 | $55,220,000 | +$3,152,963 | $9.72 | 12 |
| 2021 Q1 | 5,373,739 | $52,203,000 | +$12,290,235 | $9.71 | 12 |
| 2020 Q4 | 4,102,922 | $40,122,000 | +$11,092,114 | $9.78 | 10 |
| 2020 Q3 | 2,968,937 | $29,083,000 | -$581,837 | $9.81 | 14 |
| 2020 Q2 | 3,027,930 | $29,785,411 | +$10,551,198 | $9.82 | 14 |
| 2020 Q1 | 1,952,057 | $18,941,644 | +$530,364 | $9.69 | 19 |
| 2019 Q4 | 1,896,616 | $18,432,597 | +$1,732,815 | $9.70 | 17 |
| 2019 Q3 | 1,108,664 | $10,830,770 | -$2,618,253 | $9.74 | 14 |
| 2019 Q2 | 1,376,530 | $13,580,007 | +$1,523,069 | $9.86 | 18 |
| 2019 Q1 | 3,837,708 | $38,322,021 | -$5,520,473 | $9.98 | 19 |
| 2018 Q4 | 3,907,915 | $39,083,797 | +$16,071,811 | $9.91 | 20 |
| 2018 Q3 | 1,936,497 | $19,403,978 | +$19,403,978 | $10.02 | 5 |