KraneShares California Carbon Allowance Strategy ETF
KCCA
25 hedge funds and large institutions have $83.4M invested in KraneShares California Carbon Allowance Strategy ETF in 2025 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
53% more capital invested
Capital invested by funds: $54.4M → $83.4M (+$29M)
19% more funds holding
Funds holding: 21 → 25 (+4)
6.6% more ownership
Funds ownership: 51.54% → 58.14% (+6.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$10.2M |
| 2 |
FCG
Fielder Capital Group
Nashville,
Tennessee
|
+$8.03M |
| 3 |
Jane Street
New York
|
+$1.9M |
| 4 |
STA
Summit Trail Advisors
New York
|
+$977K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$539K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAM
Knightsbridge Asset Management
Newport Beach,
California
|
-$3.12M |
| 2 |
CF
Cantor Fitzgerald
New York
|
-$193K |
| 3 |
BGA
Battery Global Advisors
Boston,
Massachusetts
|
-$141K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$42.8K |
| 5 |
SFS
Sharp Financial Services
Horsham,
Pennsylvania
|
-$15.2K |
KCCA Hedge Fund Activity: Q3 2025 in Review
25 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in KraneShares California Carbon Allowance Strategy ETF (KCCA) for Q3 2025, worth a combined $83.4M — up 53% from $54.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new KCCA positions and 1 closed out — a net gain of 4 holders — while 6 added to existing stakes and 6 trimmed.
The largest buyer was Northern Trust, opening a new position worth an estimated $10.2M. The largest seller was Knightsbridge Asset Management, cutting an estimated $3.12M.
- 25 institutional investors held KraneShares California Carbon Allowance Strategy ETF (KCCA) as of Q3 2025, up from 21 in Q2 2025.
- Funds reported $83.4M of KraneShares California Carbon Allowance Strategy ETF stock for Q3 2025, up 53% quarter-over-quarter.
- 5 funds opened new KraneShares California Carbon Allowance Strategy ETF positions in Q3 2025 and 1 closed out, a net change of +4 holders.
- The largest KraneShares California Carbon Allowance Strategy ETF buyer in Q3 2025 was Northern Trust, an estimated $10.2M added.
- The largest KraneShares California Carbon Allowance Strategy ETF seller in Q3 2025 was Knightsbridge Asset Management, an estimated $3.12M sold.
Based on aggregated 13F filings for Q3 2025.