Swan Hedged Equity US Large Cap ETF
HEGD
69 hedge funds and large institutions have $405M invested in Swan Hedged Equity US Large Cap ETF in 2025 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 14 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
121% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 14
21% more capital invested
Capital invested by funds: $335M → $405M (+$69.9M)
10% more funds holding
Funds holding: 63 → 69 (+6)
2.75% more ownership
Funds ownership: 78.71% → 81.47% (+2.8%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$18M |
| 2 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
+$7.02M |
| 3 |
BIP
Blueprint Investment Partners
Greensboro,
North Carolina
|
+$5.77M |
| 4 |
BFA
Blueprint Financial Advisors
Greensboto,
North Carolina
|
+$5.66M |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
+$5.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGI
Swan Global Investments
Durango,
Colorado
|
-$6.29M |
| 2 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$2.92M |
| 3 |
JP Morgan Chase
New York
|
-$1.47M |
| 4 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$462K |
| 5 |
Goldman Sachs
New York
|
-$394K |
HEGD Hedge Fund Activity: Q3 2025 in Review
69 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Swan Hedged Equity US Large Cap ETF (HEGD) for Q3 2025, worth a combined $405M — up 21% from $335M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new HEGD positions and 5 closed out — a net gain of 7 holders — while 31 added to existing stakes and 14 trimmed.
The largest buyer was Carson Wealth (CWM LLC), adding an estimated $18M. The largest seller was Swan Global Investments, cutting an estimated $6.29M.
- 69 institutional investors held Swan Hedged Equity US Large Cap ETF (HEGD) as of Q3 2025, up from 63 in Q2 2025.
- Funds reported $405M of Swan Hedged Equity US Large Cap ETF stock for Q3 2025, up 21% quarter-over-quarter.
- 12 funds opened new Swan Hedged Equity US Large Cap ETF positions in Q3 2025 and 5 closed out, a net change of +7 holders.
- The largest Swan Hedged Equity US Large Cap ETF buyer in Q3 2025 was Carson Wealth (CWM LLC), an estimated $18M added.
- The largest Swan Hedged Equity US Large Cap ETF seller in Q3 2025 was Swan Global Investments, an estimated $6.29M sold.
Based on aggregated 13F filings for Q3 2025.