Adaptive Hedged Multi-Asset Income ETF
AMAX
21 hedge funds and large institutions have $34.3M invested in Adaptive Hedged Multi-Asset Income ETF in 2025 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
18% more capital invested
Capital invested by funds: $29M → $34.3M (+$5.29M)
5% more funds holding
Funds holding: 20 → 21 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.9% less ownership
Funds ownership: 87.32% → 82.42% (-4.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$4.02M |
| 2 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
+$691K |
| 3 |
PWM
Partners Wealth Management
Carmel By The Sea,
California
|
+$559K |
| 4 |
FFAS
FIG Financial Advisory Services
Oklahoma City,
Oklahoma
|
+$543K |
| 5 |
RW
Rockport Wealth
Fairview Park,
Ohio
|
+$351K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$284K |
| 2 |
Jane Street
New York
|
-$269K |
| 3 |
WIM
WealthPlan Investment Management
Omaha,
Nebraska
|
-$102K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$61.2K |
| 5 |
IA
Integrity Alliance
Urbandale,
Iowa
|
-$53.2K |
AMAX Hedge Fund Activity: Q4 2025 in Review
21 of the 8,281 institutional investors tracked by Wall St. Rank reported a position in Adaptive Hedged Multi-Asset Income ETF (AMAX) for Q4 2025, worth a combined $34.3M — up 18% from $29M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new AMAX positions and 3 closed out — a net gain of 1 holder — while 9 added to existing stakes and 6 trimmed.
The largest buyer was LPL Financial, adding an estimated $4.02M. The largest seller was Old Mission Capital, exiting entirely with an estimated $284K sold.
- 21 institutional investors held Adaptive Hedged Multi-Asset Income ETF (AMAX) as of Q4 2025, up from 20 in Q3 2025.
- Funds reported $34.3M of Adaptive Hedged Multi-Asset Income ETF stock for Q4 2025, up 18% quarter-over-quarter.
- 4 funds opened new Adaptive Hedged Multi-Asset Income ETF positions in Q4 2025 and 3 closed out, a net change of +1 holder.
- The largest Adaptive Hedged Multi-Asset Income ETF buyer in Q4 2025 was LPL Financial, an estimated $4.02M added.
- The largest Adaptive Hedged Multi-Asset Income ETF seller in Q4 2025 was Old Mission Capital, an estimated $284K sold.
Based on aggregated 13F filings for Q4 2025.