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Panagram BBB-B CLO ETF

108 hedge funds and large institutions have $398M invested in Panagram BBB-B CLO ETF in 2025 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 38 increasing their positions, 34 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

156% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 9

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

12% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 34

11% more funds holding

Funds holding: 97108 (+11)

8.31% more ownership

Funds ownership: 44.32%52.64% (+8.3%)

3% more capital invested

Capital invested by funds: $385M → $398M (+$13M)

Holders
108
Holders Change
+11
Holders Change %
+11.34%
% of All Funds
1.31%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.07%
New
23
Increased
38
Reduced
34
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AAP
1
Arax Advisory Partners
Colorado
$53.2M -$334K -12,565 -0.6%
SBLIC
2
Security Benefit Life Insurance Company
Kansas
$43M
Focus Partners Wealth
3
Focus Partners Wealth
Massachusetts
$34.7M +$34.7M +1,304,334 New
EPG
4
Estate Planners Group
Pennsylvania
$19.7M +$19.8M +744,969 New
GFP
5
Guardian Financial Partners
California
$19.5M -$1,000K -37,602 -5%
Goldman Sachs
6
Goldman Sachs
New York
$16M -$21.9M -824,810 -58%
LPL Financial
7
LPL Financial
California
$15.4M +$15.5M +583,344 New
Jane Street
8
Jane Street
New York
$14.1M +$12.4M +468,085 +747%
OPAM
9
Ocean Park Asset Management
California
$9.65M -$1.03M -38,800 -10%
FTUS
10
Flow Traders U.S.
New York
$8.21M +$4M +150,591 +94%
State of New Jersey Common Pension Fund D
11
State of New Jersey Common Pension Fund D
New Jersey
$7.94M
BSG
12
Black Swift Group
Colorado
$7.78M -$6.16M -231,496 -37%
Stifel Financial
13
Stifel Financial
Missouri
$7.64M +$2.05M +77,175 +37%
GI
14
Gradient Investments
Minnesota
$7.56M +$131K +4,914 +2%
BCWM
15
Ball & Co Wealth Management
Tennessee
$6.81M -$3.12M -117,302 -31%
CCP
16
Carmel Capital Partners
California
$6.48M +$887K +33,371 +16%
BCM
17
Bienville Capital Management
New York
$5.92M +$35.2K +1,322 +0.6%
SIS
18
Sound Income Strategies
Florida
$5.8M +$1.95M +73,437 +51%
KAS
19
Kestra Advisory Services
Texas
$5.7M -$872K -32,807 -13%
TRCT
20
Tower Research Capital (TRC)
New York
$5.34M +$4.28M +161,051 +397%
Truist Financial
21
Truist Financial
North Carolina
$5.2M -$122K -4,599 -2%
Envestnet Asset Management
22
Envestnet Asset Management
Illinois
$5.14M -$181K -6,819 -3%
Mariner
23
Mariner
Kansas
$4.54M +$172K +6,482 +4%
AI
24
Atria Investments
North Carolina
$4.5M -$312K -11,723 -6%
SFS
25
Sowell Financial Services
Arkansas
$4.11M +$75K +2,821 +2%