AdvisorShares Ranger Equity Bear ETF (HDGE)

• Market cap: $65.4M

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

200% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 1

8% more funds holding

Funds holding: 24 [Q1] → 26 (+2) [Q2]

20.01% less ownership

Funds ownership: 57.86% [Q1] → 37.85% (-20.01%) [Q2]

39% less capital invested

Capital invested by funds: $41.3M [Q1] → $25.3M (-$16M) [Q2]

50% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 10

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $952K