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Aptus Defined Risk ETF

83 hedge funds and large institutions have $1.43B invested in Aptus Defined Risk ETF in 2025 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 45 increasing their positions, 15 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 15

29% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 14

19% more capital invested

Capital invested by funds: $1.21B → $1.43B (+$224M)

13% more funds holding in top 10

Funds holding in top 10: 2427 (+3)

6.59% more ownership

Funds ownership: 106.48%113.07% (+6.6%)

5% more funds holding

Funds holding: 7983 (+4)

Holders
83
Holders Change
+4
Holders Change %
+5.06%
% of All Funds
1.09%
Holding in Top 10
27
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+12.5%
% of All Funds
0.36%
New
18
Increased
45
Reduced
15
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
ACA
1
Aptus Capital Advisors
Alabama
$380M +$39.4M +1,422,195 +12%
IWC
2
Integrated Wealth Concepts
Massachusetts
$169M +$39.7M +1,433,964 +32%
GWANC
3
Guardian Wealth Advisors (North Carolina)
North Carolina
$113M +$6.33M +228,595 +6%
Raymond James Financial
4
Raymond James Financial
Florida
$96.2M +$2.05M +74,194 +2%
Envestnet Asset Management
5
Envestnet Asset Management
Illinois
$48.6M +$1.67M +60,446 +4%
DE
6
Diversified Enterprises
Delaware
$46.5M +$1.83M +66,132 +4%
TPW
7
Talon Private Wealth
Florida
$43.8M -$7.18M -259,250 -15%
KWM
8
KFG Wealth Management
Indiana
$40.8M +$2.07M +74,637 +6%
CG
9
Clarus Group
Texas
$37.5M -$548K -19,803 -1%
SLC
10
Second Line Capital
Louisiana
$36.2M +$892K +32,208 +3%
CIA
11
Compass Ion Advisors
Pennsylvania
$33.4M +$2.85M +103,020 +10%
BCM
12
Brookstone Capital Management
Illinois
$30.7M +$459K +16,587 +2%
BF
13
Brogan Financial
Tennessee
$28.8M +$664K +23,992 +2%
FHC
14
First Heartland Consultants
Missouri
$24.9M +$2.32M +83,825 +11%
SFG
15
SevenBridge Financial Group
Pennsylvania
$22.8M +$6.76M +244,284 +45%
WC
16
Waterloo Capital
Texas
$20M +$1.76M +63,408 +10%
SAW
17
Signal Advisors Wealth
Michigan
$19.9M +$4M +144,442 +26%
ASN
18
Advisory Services Network
Georgia
$19M +$5.97M +215,658 +48%
PPC
19
Park Place Capital
Alabama
$16.2M +$1.08M +38,905 +7%
SFG
20
Sunburst Financial Group
Alabama
$15.2M +$728K +26,292 +5%
BCM
21
Bienville Capital Management
New York
$15.1M -$1.32M -47,551 -8%
Thrivent Financial for Lutherans
22
Thrivent Financial for Lutherans
Minnesota
$12.5M +$12M +433,292 New
LPL Financial
23
LPL Financial
California
$11.8M +$1.25M +45,148 +12%
TA
24
TrueWealth Advisors
Alabama
$11.7M +$1.47M +53,099 +15%
WAT
25
Wealth Advisory Team
Kentucky
$11.4M +$11M +397,185 New

DRSK Hedge Fund Activity: Q2 2025 in Review

83 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Aptus Defined Risk ETF (DRSK) for Q2 2025, worth a combined $1.43B — up 19% from $1.21B a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new DRSK positions and 14 closed out — a net gain of 4 holders — while 45 added to existing stakes and 15 trimmed.

The largest buyer was Integrated Wealth Concepts, adding an estimated $39.7M. The largest seller was Naviter Wealth, exiting entirely with an estimated $7.47M sold.

  • 83 institutional investors held Aptus Defined Risk ETF (DRSK) as of Q2 2025, up from 79 in Q1 2025.
  • Funds reported $1.43B of Aptus Defined Risk ETF stock for Q2 2025, up 19% quarter-over-quarter.
  • 18 funds opened new Aptus Defined Risk ETF positions in Q2 2025 and 14 closed out, a net change of +4 holders.
  • The largest Aptus Defined Risk ETF buyer in Q2 2025 was Integrated Wealth Concepts, an estimated $39.7M added.
  • The largest Aptus Defined Risk ETF seller in Q2 2025 was Naviter Wealth, an estimated $7.47M sold.

Based on aggregated 13F filings for Q2 2025.