Swan Hedged Equity US Large Cap ETF
HEGD
80 hedge funds and large institutions have $545M invested in Swan Hedged Equity US Large Cap ETF in 2026 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 33 increasing their positions, 25 reducing their positions, and 10 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 25
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
0.38% more ownership
Funds ownership: 90.16% → 90.54% (+0.38%)
0% more capital invested
Capital invested by funds: $543M → $545M (+$1.6M)
1% less funds holding
Funds holding: 81 → 80 (-1)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$18.3M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$18.1M |
| 3 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$17.5M |
| 4 |
LOWM
Laurel Oak Wealth Management
Marlton,
New Jersey
|
+$6.7M |
| 5 |
IA
Inspire Advisors
Meridian,
Idaho
|
+$5.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGI
Swan Global Investments
Durango,
Colorado
|
-$30.8M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$13M |
| 3 |
MWM
MY Wealth Management
Germantown,
Maryland
|
-$9.69M |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$4.32M |
| 5 |
TDB
Thompson David Blair
|
-$2.96M |
HEGD Hedge Fund Activity: Q1 2026 in Review
80 of the 8,191 institutional investors tracked by Wall St. Rank reported a position in Swan Hedged Equity US Large Cap ETF (HEGD) for Q1 2026, worth a combined $545M — up 0.29% from $543M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new HEGD positions and 10 closed out — a net gain of 1 holder — while 33 added to existing stakes and 25 trimmed.
The largest buyer was O'Shaughnessy Asset Management, opening a new position worth an estimated $18.3M. The largest seller was Swan Global Investments, cutting an estimated $30.8M.
- 80 institutional investors held Swan Hedged Equity US Large Cap ETF (HEGD) as of Q1 2026, down from 81 in Q4 2025.
- Funds reported $545M of Swan Hedged Equity US Large Cap ETF stock for Q1 2026, up 0.29% quarter-over-quarter.
- 11 funds opened new Swan Hedged Equity US Large Cap ETF positions in Q1 2026 and 10 closed out, a net change of +1 holder.
- The largest Swan Hedged Equity US Large Cap ETF buyer in Q1 2026 was O'Shaughnessy Asset Management, an estimated $18.3M added.
- The largest Swan Hedged Equity US Large Cap ETF seller in Q1 2026 was Swan Global Investments, an estimated $30.8M sold.
Based on aggregated 13F filings for Q1 2026.