Aptus Defined Risk ETF
DRSK
46 hedge funds and large institutions have $409M invested in Aptus Defined Risk ETF in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 25 reducing their positions, and 12 closing their positions.
2.86% less ownership
Funds ownership: 103.67% → 100.81% (-2.9%)
16% less funds holding
Funds holding: 55 → 46 (-9)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
32% less capital invested
Capital invested by funds: $599M → $409M (-$190M)
68% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 25
75% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$16M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.12M |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$983K |
| 4 |
OP
ORG Partners
Roanoke,
Indiana
|
+$294K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$240K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
-$77.8M |
| 2 |
CIA
Compass Ion Advisors
Conshohocken,
Pennsylvania
|
-$33.9M |
| 3 |
GWANC
Guardian Wealth Advisors (North Carolina)
Raleigh,
North Carolina
|
-$21.4M |
| 4 |
FP
Fiduciary Planning
Englewood,
Florida
|
-$15.9M |
| 5 |
TA
TrueWealth Advisors
Birmingham,
Alabama
|
-$5.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EDRIA
51
Edmonds Duncan Registered Investment Advisors
Lawrence,
Kansas
| – | -$210K | -8,435 | Closed |
|
|
ML
52
McAdam LLC
Philadelphia,
Pennsylvania
| – | -$202K | -8,122 | Closed |
|
|
WIM
53
WealthPlan Investment Management
Omaha,
Nebraska
| – | -$79.1K | -3,181 | Closed |
|
|
WP
54
WealthPLAN Partners
Omaha,
Nebraska
| – | -$61.2K | -2,463 | Closed |
|
|
AWM
55
Avior Wealth Management
Omaha,
Nebraska
| – | -$23.5K | -944 | Closed |
|
56
Morgan Stanley
New York
| – | -$10.8K | -434 | Closed |
|
|
NA
57
NewEdge Advisors
New Orleans,
Louisiana
| – | -$1.59K | -64 | Closed |
|
|
SWM
58
Sanctuary Wealth Management
Pocatello,
Idaho
| – | -$447 | -18 | Closed |
|
DRSK Hedge Fund Activity: Q3 2023 in Review
46 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Aptus Defined Risk ETF (DRSK) for Q3 2023, worth a combined $409M — down 32% from $599M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of DRSK and 3 opened new positions — a net loss of 9 holders — while 25 trimmed existing stakes and 8 added.
The largest buyer was Envestnet Asset Management, adding an estimated $16M. The largest seller was Aptus Capital Advisors, cutting an estimated $77.8M.
- 46 institutional investors held Aptus Defined Risk ETF (DRSK) as of Q3 2023, down from 55 in Q2 2023.
- Funds reported $409M of Aptus Defined Risk ETF stock for Q3 2023, down 32% quarter-over-quarter.
- 3 funds opened new Aptus Defined Risk ETF positions in Q3 2023 and 12 closed out, a net change of -9 holders.
- The largest Aptus Defined Risk ETF buyer in Q3 2023 was Envestnet Asset Management, an estimated $16M added.
- The largest Aptus Defined Risk ETF seller in Q3 2023 was Aptus Capital Advisors, an estimated $77.8M sold.
Based on aggregated 13F filings for Q3 2023.