Cabana Target Drawdown 10 ETF (TDSC)

• Market cap: $208M

Fund manager confidence

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

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

1.2% less ownership

Funds ownership: 90.92% [Q1] → 89.72% (-1.2%) [Q2]

11% less funds holding

Funds holding: 18 [Q1] → 16 (-2) [Q2]

13% less capital invested

Capital invested by funds: $240M [Q1] → $210M (-$30M) [Q2]

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6

63% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 8