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VictoryShares US 500 Volatility Wtd ETF

47 hedge funds and large institutions have $388M invested in VictoryShares US 500 Volatility Wtd ETF in 2018 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 7

9% more funds holding

Funds holding: 4347 (+4)

7% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 15

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2.8% less ownership

Funds ownership: 69.64%66.83% (-2.8%)

15% less capital invested

Capital invested by funds: $458M → $388M (-$70M)

Holders
47
Holders Change
+4
Holders Change %
+9.3%
% of All Funds
1.05%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
11
Increased
16
Reduced
15
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$90.7M +$9.25M +194,096 +10%
Bank of America
2
Bank of America
North Carolina
$88.8M +$6.09M +127,854 +7%
UBS Group
3
UBS Group
Switzerland
$49.1M +$9.4M +197,239 +21%
Victory Capital Management
4
Victory Capital Management
Texas
$20.8M -$11.7M -245,336 -34%
Ameriprise
5
Ameriprise
Minnesota
$18.5M -$7.38M -154,841 -27%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$16.8M -$5.18M -108,708 -22%
AG
7
Advisor Group
Arizona
$10.7M +$8.69M +182,418 +304%
PFGIA
8
Patriot Financial Group Insurance Agency
Massachusetts
$10.4M +$148K +3,116 +1%
LPL Financial
9
LPL Financial
California
$9.81M +$1.82M +38,232 +21%
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$8.53M -$1.24M -25,999 -12%
SWP
11
Stratos Wealth Partners
Ohio
$7.74M -$453K -9,504 -5%
RJFSA
12
Raymond James Financial Services Advisors
Florida
$7.19M +$603K +12,647 +8%
PAG
13
Private Advisor Group
New Jersey
$7.06M +$1.1M +23,146 +17%
Baird Financial Group
14
Baird Financial Group
Wisconsin
$6.25M -$592K -12,425 -8%
Wells Fargo
15
Wells Fargo
California
$6.24M +$3.14M +65,926 +87%
Deutsche Bank
16
Deutsche Bank
Germany
$4.84M +$2.29M +48,024 +77%
Stifel Financial
17
Stifel Financial
Missouri
$4.11M -$164K -3,439 -4%
Northwestern Mutual Wealth Management
18
Northwestern Mutual Wealth Management
Wisconsin
$3.84M -$2.25M -47,305 -35%
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$2.97M -$3.09M -64,933 -49%
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$2.92M +$2.35M +49,280 +286%
RJA
21
Raymond James & Associates
Florida
$2.81M +$1.77M +37,156 +140%
Envestnet Asset Management
22
Envestnet Asset Management
Illinois
$1.22M -$1.03M -21,534 -44%
TCM
23
Tran Capital Management
California
$1.07M +$1.16M +24,289 New
PD
24
Planning Directions
Pennsylvania
$977K +$46.2K +970 +5%
BRWA
25
B. Riley Wealth Advisors
Florida
$781K -$5.62K -118 -0.7%

CFA Hedge Fund Activity: Q4 2018 in Review

47 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in VictoryShares US 500 Volatility Wtd ETF (CFA) for Q4 2018, worth a combined $388M — down 15% from $458M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new CFA positions and 7 closed out — a net gain of 4 holders — while 16 added to existing stakes and 15 trimmed.

The largest buyer was UBS Group, adding an estimated $9.4M. The largest seller was Victory Capital Management, cutting an estimated $11.7M.

  • 47 institutional investors held VictoryShares US 500 Volatility Wtd ETF (CFA) as of Q4 2018, up from 43 in Q3 2018.
  • Funds reported $388M of VictoryShares US 500 Volatility Wtd ETF stock for Q4 2018, down 15% quarter-over-quarter.
  • 11 funds opened new VictoryShares US 500 Volatility Wtd ETF positions in Q4 2018 and 7 closed out, a net change of +4 holders.
  • The largest VictoryShares US 500 Volatility Wtd ETF buyer in Q4 2018 was UBS Group, an estimated $9.4M added.
  • The largest VictoryShares US 500 Volatility Wtd ETF seller in Q4 2018 was Victory Capital Management, an estimated $11.7M sold.

Based on aggregated 13F filings for Q4 2018.