AdvisorShares Ranger Equity Bear ETF
HDGE
26 hedge funds and large institutions have $42.5M invested in AdvisorShares Ranger Equity Bear ETF in 2026 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
93% more capital invested
Capital invested by funds: $22.1M → $42.5M (+$20.5M)
37% more funds holding
Funds holding: 19 → 26 (+7)
12.12% more ownership
Funds ownership: 39.77% → 51.89% (+12%)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
84% less call options, than puts
Call options by funds: $253K | Put options by funds: $1.57M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$7.62M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$6.63M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$4.96M |
| 4 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$804K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$383K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.72M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$1.27M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$780K |
| 4 |
Jane Street
New York
|
-$459K |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$439K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWM
26
AE Wealth Management
Topeka,
Kansas
| $1.22K | -$1.35K | -80 | -54% |
|
|
HNB
27
Huntington National Bank
Columbus,
Ohio
| $3 | – | – | – |
|
|
28
Jane Street
New York
| – | -$459K | -28,631 | Closed |
|
29
Citadel Advisors
Miami,
Florida
| – | -$369K | -21,822 | Closed |
|
|
EFA
30
Englebert Financial Advisers
Allentown,
Pennsylvania
| – | -$216K | -13,500 | Closed |
|
|
HF
31
HRT Financial
New York
| – | -$164K | -10,274 | Closed |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| – | -$2.67K | -167 | Closed |
|
HDGE Hedge Fund Activity: Q1 2026 in Review
26 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Ranger Equity Bear ETF (HDGE) for Q1 2026, worth a combined $42.5M — up 93% from $22.1M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new HDGE positions and 5 closed out — a net gain of 8 holders — while 4 added to existing stakes and 6 trimmed.
The largest buyer was LPL Financial, adding an estimated $7.62M. The largest seller was Morgan Stanley, cutting an estimated $1.72M.
- 26 institutional investors held AdvisorShares Ranger Equity Bear ETF (HDGE) as of Q1 2026, up from 19 in Q4 2025.
- Funds reported $42.5M of AdvisorShares Ranger Equity Bear ETF stock for Q1 2026, up 93% quarter-over-quarter.
- 13 funds opened new AdvisorShares Ranger Equity Bear ETF positions in Q1 2026 and 5 closed out, a net change of +8 holders.
- The largest AdvisorShares Ranger Equity Bear ETF buyer in Q1 2026 was LPL Financial, an estimated $7.62M added.
- The largest AdvisorShares Ranger Equity Bear ETF seller in Q1 2026 was Morgan Stanley, an estimated $1.72M sold.
Based on aggregated 13F filings for Q1 2026.