AdvisorShares Ranger Equity Bear ETF
HDGE
21 hedge funds and large institutions have $28.6M invested in AdvisorShares Ranger Equity Bear ETF in 2026 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 11 closing their positions.
8.43% less ownership
Funds ownership: 51.89% → 43.46% (-8.4%)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
19% less funds holding
Funds holding: 26 → 21 (-5)
33% less capital invested
Capital invested by funds: $42.5M → $28.6M (-$14M)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.73M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.2M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$892K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$473K |
| 4 |
HF
HRT Financial
New York
|
+$384K |
| 5 |
IFG
Independent Financial Group
San Diego,
California
|
+$317K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$5.26M |
| 2 |
LPL Financial
San Diego,
California
|
-$3.37M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
-$2.16M |
| 4 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$852K |
| 5 |
Vanguard Capital Wealth Advisors
Denver,
Colorado
|
-$759K |
HDGE Hedge Fund Activity: Q2 2026 in Review
21 of the 8,318 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Ranger Equity Bear ETF (HDGE) for Q2 2026, worth a combined $28.6M — down 33% from $42.5M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of HDGE and 6 opened new positions — a net loss of 5 holders — while 6 trimmed existing stakes and 5 added.
The largest buyer was Osaic Holdings, adding an estimated $1.2M. The largest seller was Stifel Financial, exiting entirely with an estimated $5.26M sold.
- 21 institutional investors held AdvisorShares Ranger Equity Bear ETF (HDGE) as of Q2 2026, down from 26 in Q1 2026.
- Funds reported $28.6M of AdvisorShares Ranger Equity Bear ETF stock for Q2 2026, down 33% quarter-over-quarter.
- 6 funds opened new AdvisorShares Ranger Equity Bear ETF positions in Q2 2026 and 11 closed out, a net change of -5 holders.
- The largest AdvisorShares Ranger Equity Bear ETF buyer in Q2 2026 was Osaic Holdings, an estimated $1.2M added.
- The largest AdvisorShares Ranger Equity Bear ETF seller in Q2 2026 was Stifel Financial, an estimated $5.26M sold.
Based on aggregated 13F filings for Q2 2026.