Adaptive Hedged Multi-Asset Income ETF (AMAX)

Market Cap: 18.7M

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 0 [Q4 2023] → 1 (+1) [Q1 2024]

0.1% less ownership

Funds ownership: 96.34% [Q4 2023] → 96.24% (-0.1%) [Q1 2024]

17% less funds holding

Funds holding: 18 [Q4 2023] → 15 (-3) [Q1 2024]

29% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 7

39% less capital invested

Capital invested by funds: $30.2M [Q4 2023] → $18.3M (-$11.8M) [Q1 2024]

50% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 6