Roundhill Sports Betting & iGaming ETF
BETZ
58 hedge funds and large institutions have $9.6M invested in Roundhill Sports Betting & iGaming ETF in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 14 closing their positions.
24,023% more call options, than puts
Call options by funds: $3.14M | Put options by funds: $13K
9% less funds holding
Funds holding: 64 → 58 (-6)
13.38% less ownership
Funds ownership: 20.8% → 7.41% (-13%)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
61% less capital invested
Capital invested by funds: $24.5M → $9.6M (-$14.9M)
67% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCA
Greenwood Capital Associates
Greenwood,
South Carolina
|
+$1.11M |
| 2 |
WWP
WR Wealth Planners
Columbia,
Missouri
|
+$569K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$384K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$318K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$289K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAWM
J. Arnold Wealth Management
Youngstown,
Ohio
|
-$15M |
| 2 |
CAL
Capital Advisors Ltd
Shaker Heights,
Ohio
|
-$1.77M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$713K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$700K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$97.1K |
BETZ Hedge Fund Activity: Q1 2023 in Review
58 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Roundhill Sports Betting & iGaming ETF (BETZ) for Q1 2023, worth a combined $9.6M — down 61% from $24.5M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BETZ and 10 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 4 added.
The largest buyer was Greenwood Capital Associates, opening a new position worth an estimated $1.11M. The largest seller was J. Arnold Wealth Management, exiting entirely with an estimated $15M sold.
- 58 institutional investors held Roundhill Sports Betting & iGaming ETF (BETZ) as of Q1 2023, down from 64 in Q4 2022.
- Funds reported $9.6M of Roundhill Sports Betting & iGaming ETF stock for Q1 2023, down 61% quarter-over-quarter.
- 10 funds opened new Roundhill Sports Betting & iGaming ETF positions in Q1 2023 and 14 closed out, a net change of -4 holders.
- The largest Roundhill Sports Betting & iGaming ETF buyer in Q1 2023 was Greenwood Capital Associates, an estimated $1.11M added.
- The largest Roundhill Sports Betting & iGaming ETF seller in Q1 2023 was J. Arnold Wealth Management, an estimated $15M sold.
Based on aggregated 13F filings for Q1 2023.