Aptus Defined Risk ETF
DRSK
95 hedge funds and large institutions have $1.54B invested in Aptus Defined Risk ETF in 2025 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 49 increasing their positions, 19 reducing their positions, and 5 closing their positions.
320% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 5
158% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 19
19% more funds holding
Funds holding: 80 → 95 (+15)
9% more funds holding in top 10
Funds holding in top 10: 23 → 25 (+2)
7% more capital invested
Capital invested by funds: $1.44B → $1.54B (+$101M)
2.01% less ownership
Funds ownership: 108.91% → 106.89% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
+$63.7M |
| 2 |
GL
Gerber LLC
Columbus,
Ohio
|
+$12M |
| 3 |
BIG
Brookwood Investment Group
Phoenix,
Arizona
|
+$11.3M |
| 4 |
SAI
Savvy Advisors Inc
New York
|
+$5.03M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$4.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$51.7M |
| 2 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$18.2M |
| 3 |
UWP
Uniting Wealth Partners
Mission,
Kansas
|
-$13.8M |
| 4 |
Jane Street
New York
|
-$8.27M |
| 5 |
CG
Clarus Group
Houston,
Texas
|
-$848K |
DRSK Hedge Fund Activity: Q4 2025 in Review
95 of the 8,269 institutional investors tracked by Wall St. Rank reported a position in Aptus Defined Risk ETF (DRSK) for Q4 2025, worth a combined $1.54B — up 7% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new DRSK positions and 5 closed out — a net gain of 16 holders — while 49 added to existing stakes and 19 trimmed.
The largest buyer was Aptus Capital Advisors, adding an estimated $63.7M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $51.7M sold.
- 95 institutional investors held Aptus Defined Risk ETF (DRSK) as of Q4 2025, up from 80 in Q3 2025.
- Funds reported $1.54B of Aptus Defined Risk ETF stock for Q4 2025, up 7% quarter-over-quarter.
- 21 funds opened new Aptus Defined Risk ETF positions in Q4 2025 and 5 closed out, a net change of +16 holders.
- The largest Aptus Defined Risk ETF buyer in Q4 2025 was Aptus Capital Advisors, an estimated $63.7M added.
- The largest Aptus Defined Risk ETF seller in Q4 2025 was Envestnet Asset Management, an estimated $51.7M sold.
Based on aggregated 13F filings for Q4 2025.