Breakwave Dry Bulk Shipping ETF

BDRY

Market cap $29.5M

BDRY Hedge Fund Activity: Q1 2026 in Review

12 of the 8,134 institutional investors tracked by Wall St. Rank reported a position in Breakwave Dry Bulk Shipping ETF (BDRY) for Q1 2026, worth a combined $1.92M — down 40% from $3.21M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of BDRY and 2 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 4 added.

The largest buyer was Susquehanna International Group, adding an estimated $333K. The largest seller was Morgan Stanley, cutting an estimated $660K.

• 12 institutional investors held Breakwave Dry Bulk Shipping ETF (BDRY) as of Q1 2026, down from 14 in Q4 2025.
• Funds reported $1.92M of Breakwave Dry Bulk Shipping ETF stock for Q1 2026, down 40% quarter-over-quarter.
• 2 funds opened new Breakwave Dry Bulk Shipping ETF positions in Q1 2026 and 4 closed out, a net change of -2 holders.
• The largest Breakwave Dry Bulk Shipping ETF buyer in Q1 2026 was Susquehanna International Group, an estimated $333K added.
• The largest Breakwave Dry Bulk Shipping ETF seller in Q1 2026 was Morgan Stanley, an estimated $660K sold.

Based on aggregated 13F filings for Q1 2026.