Alpha Architect Tail Risk ETF
CAOS
36 hedge funds and large institutions have $396M invested in Alpha Architect Tail Risk ETF in 2025 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
32% more capital invested
Capital invested by funds: $301M → $396M (+$95.6M)
13% more funds holding
Funds holding: 32 → 36 (+4)
4.6% more ownership
Funds ownership: 72.75% → 77.35% (+4.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wealthcare Capital Management
Richmond,
Virginia
|
+$83.6M |
| 2 |
HIF
Hill Island Financial
Grand Rapids,
Michigan
|
+$10.4M |
| 3 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$1.74M |
| 4 |
LKBC
L.K. Benson & Company
Baltimore,
Maryland
|
+$928K |
| 5 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$914K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Insight Advisors
Newtown,
Pennsylvania
|
-$3.43M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$2.73M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.91M |
| 4 |
EF
Empirical Finance
Havertown,
Pennsylvania
|
-$1.51M |
| 5 |
CL
CLG LLC
Long Beach,
California
|
-$1M |
CAOS Hedge Fund Activity: Q3 2025 in Review
36 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Alpha Architect Tail Risk ETF (CAOS) for Q3 2025, worth a combined $396M — up 32% from $301M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CAOS positions and 5 closed out — a net gain of 4 holders — while 14 added to existing stakes and 7 trimmed.
The largest buyer was Wealthcare Capital Management, adding an estimated $83.6M. The largest seller was Insight Advisors, cutting an estimated $3.43M.
- 36 institutional investors held Alpha Architect Tail Risk ETF (CAOS) as of Q3 2025, up from 32 in Q2 2025.
- Funds reported $396M of Alpha Architect Tail Risk ETF stock for Q3 2025, up 32% quarter-over-quarter.
- 9 funds opened new Alpha Architect Tail Risk ETF positions in Q3 2025 and 5 closed out, a net change of +4 holders.
- The largest Alpha Architect Tail Risk ETF buyer in Q3 2025 was Wealthcare Capital Management, an estimated $83.6M added.
- The largest Alpha Architect Tail Risk ETF seller in Q3 2025 was Insight Advisors, an estimated $3.43M sold.
Based on aggregated 13F filings for Q3 2025.