iShares Large Cap Max Buffer Dec ETF
DMAX
30 hedge funds and large institutions have $62.1M invested in iShares Large Cap Max Buffer Dec ETF in 2025 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
15% more funds holding
Funds holding: 26 → 30 (+4)
10% more capital invested
Capital invested by funds: $56.5M → $62.1M (+$5.61M)
6.34% more ownership
Funds ownership: 71.26% → 77.59% (+6.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BW
BIP Wealth
Atlanta,
Georgia
|
+$22.3M |
| 2 |
CWG
Crown Wealth Group
Charlotte,
North Carolina
|
+$2.15M |
| 3 |
Morgan Stanley
New York
|
+$1.53M |
| 4 |
Mercer Global Advisors
Denver,
Colorado
|
+$1.47M |
| 5 |
Lido Advisors
Los Angeles,
California
|
+$437K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SB
Strategic Blueprint
Atlanta,
Georgia
|
-$20.3M |
| 2 |
KCM
KM Capital Management
Austin,
Texas
|
-$1.45M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$795K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$508K |
| 5 |
CF
Crosspoint Financial
Tustin,
California
|
-$507K |
DMAX Hedge Fund Activity: Q4 2025 in Review
30 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in iShares Large Cap Max Buffer Dec ETF (DMAX) for Q4 2025, worth a combined $62.1M — up 9.9% from $56.5M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new DMAX positions and 8 closed out — a net gain of 4 holders — while 6 added to existing stakes and 6 trimmed.
The largest buyer was BIP Wealth, opening a new position worth an estimated $22.3M. The largest seller was Strategic Blueprint, exiting entirely with an estimated $20.3M sold.
- 30 institutional investors held iShares Large Cap Max Buffer Dec ETF (DMAX) as of Q4 2025, up from 26 in Q3 2025.
- Funds reported $62.1M of iShares Large Cap Max Buffer Dec ETF stock for Q4 2025, up 9.9% quarter-over-quarter.
- 12 funds opened new iShares Large Cap Max Buffer Dec ETF positions in Q4 2025 and 8 closed out, a net change of +4 holders.
- The largest iShares Large Cap Max Buffer Dec ETF buyer in Q4 2025 was BIP Wealth, an estimated $22.3M added.
- The largest iShares Large Cap Max Buffer Dec ETF seller in Q4 2025 was Strategic Blueprint, an estimated $20.3M sold.
Based on aggregated 13F filings for Q4 2025.