LeaderShares Activist Leaders ETF
ACTV
ACTV was delisted on the 24th of October, 2025.
24 hedge funds and large institutions have $83M invested in LeaderShares Activist Leaders ETF in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 5 closing their positions.
5% less capital invested
Capital invested by funds: $87.2M → $83M (-$4.21M)
8% less funds holding
Funds holding: 26 → 24 (-2)
12.09% less ownership
Funds ownership: 92.85% → 80.76% (-12%)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$2.83M |
| 2 |
RIM
Redwood Investment Management
Scottsdale,
Arizona
|
+$768K |
| 3 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$556K |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$283K |
| 5 |
Goldman Sachs
New York
|
+$234K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FD
Financial Designs
Claremont,
California
|
-$13.1M |
| 2 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$2.51M |
| 3 |
Mariner
Overland Park,
Kansas
|
-$198K |
| 4 |
GRP
Global Retirement Partners
San Rafael,
California
|
-$124K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$57.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAS
26
Avantax Advisory Services
Dallas,
Texas
| – | -$2.51M | -82,299 | Closed |
|
|
GRP
27
Global Retirement Partners
San Rafael,
California
| – | -$124K | -4,208 | Closed |
|
28
JP Morgan Chase
New York
| – | -$3.05K | -100 | Closed |
|
29
Bank of America
Charlotte,
North Carolina
| – | -$2.14K | -70 | Closed |
|
ACTV Hedge Fund Activity: Q4 2023 in Review
24 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in LeaderShares Activist Leaders ETF (ACTV) for Q4 2023, worth a combined $83M — down 4.8% from $87.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ACTV and 3 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 9 added.
The largest buyer was LPL Financial, adding an estimated $2.83M. The largest seller was Financial Designs, exiting entirely with an estimated $13.1M sold.
- 24 institutional investors held LeaderShares Activist Leaders ETF (ACTV) as of Q4 2023, down from 26 in Q3 2023.
- Funds reported $83M of LeaderShares Activist Leaders ETF stock for Q4 2023, down 4.8% quarter-over-quarter.
- 3 funds opened new LeaderShares Activist Leaders ETF positions in Q4 2023 and 5 closed out, a net change of -2 holders.
- The largest LeaderShares Activist Leaders ETF buyer in Q4 2023 was LPL Financial, an estimated $2.83M added.
- The largest LeaderShares Activist Leaders ETF seller in Q4 2023 was Financial Designs, an estimated $13.1M sold.
Based on aggregated 13F filings for Q4 2023.