Defiance Hotel, Airline, and Cruise ETF
CRUZ
CRUZ was delisted on the 28th of April, 2025.
21 hedge funds and large institutions have $11.3M invested in Defiance Hotel, Airline, and Cruise ETF in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 7 reducing their positions, and 7 closing their positions.
13% less funds holding
Funds holding: 24 → 21 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
64% less capital invested
Capital invested by funds: $31M → $11.3M (-$19.8M)
71% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.02M |
| 2 |
Nomura Asset Management
Tokyo,
Japan
|
+$354K |
| 3 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
+$56.1K |
| 4 |
EDRH
Edmond de Rothschild Holding
Chambesy,
Switzerland
|
+$22.7K |
| 5 |
GWSG
GPS Wealth Strategies Group
Centennial,
Colorado
|
+$6.14K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAWM
J. Arnold Wealth Management
Youngstown,
Ohio
|
-$16.6M |
| 2 |
Jane Street
New York
|
-$4.57M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$950K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$386K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$270K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| – | -$24.6K | -1,355 | Closed |
|
|
ASN
27
Advisory Services Network
Atlanta,
Georgia
| – | -$22.7K | -1,250 | Closed |
|
|
BAM
28
Belpointe Asset Management
Reno,
Nevada
| – | -$4.54K | -250 | Closed |
|
CRUZ Hedge Fund Activity: Q2 2023 in Review
21 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Defiance Hotel, Airline, and Cruise ETF (CRUZ) for Q2 2023, worth a combined $11.3M — down 64% from $31M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CRUZ and 4 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 2 added.
The largest buyer was LPL Financial, opening a new position worth an estimated $1.02M. The largest seller was J. Arnold Wealth Management, exiting entirely with an estimated $16.6M sold.
- 21 institutional investors held Defiance Hotel, Airline, and Cruise ETF (CRUZ) as of Q2 2023, down from 24 in Q1 2023.
- Funds reported $11.3M of Defiance Hotel, Airline, and Cruise ETF stock for Q2 2023, down 64% quarter-over-quarter.
- 4 funds opened new Defiance Hotel, Airline, and Cruise ETF positions in Q2 2023 and 7 closed out, a net change of -3 holders.
- The largest Defiance Hotel, Airline, and Cruise ETF buyer in Q2 2023 was LPL Financial, an estimated $1.02M added.
- The largest Defiance Hotel, Airline, and Cruise ETF seller in Q2 2023 was J. Arnold Wealth Management, an estimated $16.6M sold.
Based on aggregated 13F filings for Q2 2023.