Brendan Wood TopGun Index ETF
BWTG
8 hedge funds and large institutions have $2.97M invested in Brendan Wood TopGun Index ETF in 2025 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 1 closing their positions.
5.74% less ownership
Funds ownership: 22.68% → 16.94% (-5.7%)
11% less funds holding
Funds holding: 9 → 8 (-1)
21% less capital invested
Capital invested by funds: $3.76M → $2.97M (-$787K)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$128K |
| 2 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$20.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
GTS Securities
New York
|
-$556K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$343K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$80.5K |
| 4 |
IAN
Integrated Advisors Network
Dallas,
Texas
|
-$80.5K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$51.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Royal Bank of Canada
Toronto,
Ontario, Canada
| $986K | +$128K | +3,467 | +15% |
|
|
2
Envestnet Asset Management
Chicago,
Illinois
| $589K | -$80.5K | -2,176 | -12% |
|
|
IAN
3
Integrated Advisors Network
Dallas,
Texas
| $434K | -$80.5K | -2,176 | -16% |
|
|
GS
4
GTS Securities
New York
| $338K | -$556K | -15,046 | -63% |
|
5
CIBC World Market
Toronto,
Ontario, Canada
| $218K | -$3.7K | -100 | -2% |
|
|
6
Bank of Montreal
Toronto,
Ontario, Canada
| $203K | -$51.6K | -1,395 | -21% |
|
|
7
National Bank of Canada
Montreal,
Quebec, Canada
| $199K | +$20.2K | +545 | +12% |
|
|
AF
8
Allworth Financial
Folsom,
California
| $1.22K | – | – | – |
|
|
9
Citadel Advisors
Miami,
Florida
| – | -$343K | -9,540 | Closed |
|
BWTG Hedge Fund Activity: Q3 2025 in Review
8 of the 7,629 institutional investors tracked by Wall St. Rank reported a position in Brendan Wood TopGun Index ETF (BWTG) for Q3 2025, worth a combined $2.97M — down 21% from $3.76M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of BWTG and 0 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 2 added.
The largest buyer was Royal Bank of Canada, adding an estimated $128K. The largest seller was GTS Securities, cutting an estimated $556K.
- 8 institutional investors held Brendan Wood TopGun Index ETF (BWTG) as of Q3 2025, down from 9 in Q2 2025.
- Funds reported $2.97M of Brendan Wood TopGun Index ETF stock for Q3 2025, down 21% quarter-over-quarter.
- 0 funds opened new Brendan Wood TopGun Index ETF positions in Q3 2025 and 1 closed out, a net change of -1 holder.
- The largest Brendan Wood TopGun Index ETF buyer in Q3 2025 was Royal Bank of Canada, an estimated $128K added.
- The largest Brendan Wood TopGun Index ETF seller in Q3 2025 was GTS Securities, an estimated $556K sold.
Based on aggregated 13F filings for Q3 2025.