Aptus Defined Risk ETF
DRSK
89 hedge funds and large institutions have $1.69B invested in Aptus Defined Risk ETF in 2026 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 47 increasing their positions, 19 reducing their positions, and 15 closing their positions.
147% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 19
11.43% more ownership
Funds ownership: 106.89% → 118.32% (+11%)
10% more capital invested
Capital invested by funds: $1.54B → $1.69B (+$147M)
4% more funds holding in top 10
Funds holding in top 10: 25 → 26 (+1)
6% less funds holding
Funds holding: 95 → 89 (-6)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$57.7M |
| 2 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
+$48.7M |
| 3 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$40M |
| 4 |
UWP
Uniting Wealth Partners
Mission,
Kansas
|
+$11.9M |
| 5 |
KWM
KFG Wealth Management
Granger,
Indiana
|
+$5.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIG
Brookwood Investment Group
Phoenix,
Arizona
|
-$11M |
| 2 |
Corient Private Wealth
Miami,
Florida
|
-$5.7M |
| 3 |
LPL Financial
San Diego,
California
|
-$5.53M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$4.74M |
| 5 |
SAI
Savvy Advisors Inc
New York
|
-$2.99M |
DRSK Hedge Fund Activity: Q1 2026 in Review
89 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Aptus Defined Risk ETF (DRSK) for Q1 2026, worth a combined $1.69B — up 9.5% from $1.54B a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of DRSK and 12 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 47 added.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $57.7M. The largest seller was Brookwood Investment Group, exiting entirely with an estimated $11M sold.
- 89 institutional investors held Aptus Defined Risk ETF (DRSK) as of Q1 2026, down from 95 in Q4 2025.
- Funds reported $1.69B of Aptus Defined Risk ETF stock for Q1 2026, up 9.5% quarter-over-quarter.
- 12 funds opened new Aptus Defined Risk ETF positions in Q1 2026 and 15 closed out, a net change of -3 holders.
- The largest Aptus Defined Risk ETF buyer in Q1 2026 was Envestnet Asset Management, an estimated $57.7M added.
- The largest Aptus Defined Risk ETF seller in Q1 2026 was Brookwood Investment Group, an estimated $11M sold.
Based on aggregated 13F filings for Q1 2026.