AdvisorShares Ranger Equity Bear ETF
HDGE
16 hedge funds and large institutions have $25.1M invested in AdvisorShares Ranger Equity Bear ETF in 2025 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 2 reducing their positions, and 7 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
104% more call options, than puts
Call options by funds: $524K | Put options by funds: $257K
48% more capital invested
Capital invested by funds: $17M → $25.1M (+$8.12M)
11.46% more ownership
Funds ownership: 37.3% → 48.76% (+11%)
16% less funds holding
Funds holding: 19 → 16 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$5.92M |
| 2 |
IFG
Independent Financial Group
San Diego,
California
|
+$2.63M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$1.37M |
| 4 |
Vanguard Capital Wealth Advisors
Denver,
Colorado
|
+$846K |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
+$267K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$1.53M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$556K |
| 3 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$246K |
| 4 |
Morgan Stanley
New York
|
-$121K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$117K |
HDGE Hedge Fund Activity: Q3 2025 in Review
16 of the 7,643 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Ranger Equity Bear ETF (HDGE) for Q3 2025, worth a combined $25.1M — up 48% from $17M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of HDGE and 4 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 7 added.
The largest buyer was LPL Financial, adding an estimated $5.92M. The largest seller was CIBC World Market, exiting entirely with an estimated $1.53M sold.
- 16 institutional investors held AdvisorShares Ranger Equity Bear ETF (HDGE) as of Q3 2025, down from 19 in Q2 2025.
- Funds reported $25.1M of AdvisorShares Ranger Equity Bear ETF stock for Q3 2025, up 48% quarter-over-quarter.
- 4 funds opened new AdvisorShares Ranger Equity Bear ETF positions in Q3 2025 and 7 closed out, a net change of -3 holders.
- The largest AdvisorShares Ranger Equity Bear ETF buyer in Q3 2025 was LPL Financial, an estimated $5.92M added.
- The largest AdvisorShares Ranger Equity Bear ETF seller in Q3 2025 was CIBC World Market, an estimated $1.53M sold.
Based on aggregated 13F filings for Q3 2025.