TrueShares Structured Outcome January ETF
JANZ
28 hedge funds and large institutions have $59.6M invested in TrueShares Structured Outcome January ETF in 2025 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 3 closing their positions.
533% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 3
173% more capital invested
Capital invested by funds: $21.9M → $59.6M (+$37.7M)
133% more funds holding
Funds holding: 12 → 28 (+16)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
11.76% less ownership
Funds ownership: 89.92% → 78.17% (-12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$24.9M |
| 2 |
LAS
Lloyd Advisory Services
Suwanee,
Georgia
|
+$3.88M |
| 3 |
FWM
FSR Wealth Management
Elmhurst,
Illinois
|
+$1.54M |
| 4 |
OWA
Outlook Wealth Advisors
Shenandoah,
Texas
|
+$1.36M |
| 5 |
TI
TrueMark Investments
Chicago,
Illinois
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$1.36M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$647K |
| 3 |
AWA
Authentikos Wealth Advisory
Morgan Hill,
California
|
-$328K |
| 4 |
ECA
Elevated Capital Advisors
Sandy,
Utah
|
-$22.7K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$456 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KCM
26
Key Capital Management
Hendersonville, Tn 37075,
Tennessee
| $5.26K | +$5.29K | +138 | New |
|
|
DFA
27
DHJJ Financial Advisors
Naperville,
Illinois
| $1.14K | – | – | – |
|
28
AssetMark Inc
Concord,
California
| $381 | +$383 | +10 | New |
|
|
29
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
| – | -$1.36M | -35,802 | Closed |
|
|
OMC
30
Old Mission Capital
Chicago,
Illinois
| – | -$647K | -17,037 | Closed |
|
|
31
UBS Group
Zurich,
Switzerland
| – | -$456 | -12 | Closed |
|
JANZ Hedge Fund Activity: Q4 2025 in Review
28 of the 8,228 institutional investors tracked by Wall St. Rank reported a position in TrueShares Structured Outcome January ETF (JANZ) for Q4 2025, worth a combined $59.6M — up 173% from $21.9M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new JANZ positions and 3 closed out — a net gain of 16 holders — while 4 added to existing stakes and 2 trimmed.
The largest buyer was AE Wealth Management, adding an estimated $24.9M. The largest seller was Wealth Enhancement Advisory Services, exiting entirely with an estimated $1.36M sold.
- 28 institutional investors held TrueShares Structured Outcome January ETF (JANZ) as of Q4 2025, up from 12 in Q3 2025.
- Funds reported $59.6M of TrueShares Structured Outcome January ETF stock for Q4 2025, up 173% quarter-over-quarter.
- 19 funds opened new TrueShares Structured Outcome January ETF positions in Q4 2025 and 3 closed out, a net change of +16 holders.
- The largest TrueShares Structured Outcome January ETF buyer in Q4 2025 was AE Wealth Management, an estimated $24.9M added.
- The largest TrueShares Structured Outcome January ETF seller in Q4 2025 was Wealth Enhancement Advisory Services, an estimated $1.36M sold.
Based on aggregated 13F filings for Q4 2025.