Adaptive Hedged Multi-Asset Income ETF
AMAX
22 hedge funds and large institutions have $36.1M invested in Adaptive Hedged Multi-Asset Income ETF in 2026 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
5% more capital invested
Capital invested by funds: $34.3M → $36.1M (+$1.81M)
5% more funds holding
Funds holding: 21 → 22 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9.75% less ownership
Funds ownership: 82.42% → 72.67% (-9.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$2.54M |
| 2 |
PWM
Partners Wealth Management
Carmel By The Sea,
California
|
+$1.91M |
| 3 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
+$1.04M |
| 4 |
Jane Street
New York
|
+$299K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$253K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMAM
Encompass More Asset Management
Danville,
California
|
-$2.28M |
| 2 |
FFAS
FIG Financial Advisory Services
Oklahoma City,
Oklahoma
|
-$528K |
| 3 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
-$287K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$180K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$121K |
AMAX Hedge Fund Activity: Q1 2026 in Review
22 of the 8,206 institutional investors tracked by Wall St. Rank reported a position in Adaptive Hedged Multi-Asset Income ETF (AMAX) for Q1 2026, worth a combined $36.1M — up 5.3% from $34.3M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new AMAX positions and 2 closed out — a net gain of 1 holder — while 9 added to existing stakes and 8 trimmed.
The largest buyer was LPL Financial, adding an estimated $2.54M. The largest seller was Encompass More Asset Management, cutting an estimated $2.28M.
- 22 institutional investors held Adaptive Hedged Multi-Asset Income ETF (AMAX) as of Q1 2026, up from 21 in Q4 2025.
- Funds reported $36.1M of Adaptive Hedged Multi-Asset Income ETF stock for Q1 2026, up 5.3% quarter-over-quarter.
- 3 funds opened new Adaptive Hedged Multi-Asset Income ETF positions in Q1 2026 and 2 closed out, a net change of +1 holder.
- The largest Adaptive Hedged Multi-Asset Income ETF buyer in Q1 2026 was LPL Financial, an estimated $2.54M added.
- The largest Adaptive Hedged Multi-Asset Income ETF seller in Q1 2026 was Encompass More Asset Management, an estimated $2.28M sold.
Based on aggregated 13F filings for Q1 2026.