Formidable Fortress ETF
KONG
1 hedge funds and large institutions have $23.9M invested in Formidable Fortress ETF in 2023 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 4 closing their positions.
4.8% more ownership
Funds ownership: 93.03% → 97.84% (+4.8%)
4% more capital invested
Capital invested by funds: $23.1M → $23.9M (+$861K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
80% less funds holding
Funds holding: 5 → 1 (-4)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$411K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$465K |
| 2 |
BCWM
Bartlett & Co Wealth Management
Cincinnati,
Ohio
|
-$174K |
| 3 |
BC
Bartlett & Co
Cincinnati,
Ohio
|
-$174K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$10.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAM
1
Formidable Asset Management
Cincinnati,
Ohio
| $23.9M | +$411K | +16,870 | +2% |
|
|
2
Citadel Advisors
Miami,
Florida
| – | -$465K | -19,712 | Closed |
|
|
BC
3
Bartlett & Co
Cincinnati,
Ohio
| – | -$174K | -7,372 | Closed |
|
|
BCWM
4
Bartlett & Co Wealth Management
Cincinnati,
Ohio
| – | -$174K | -7,372 | Closed |
|
|
5
UBS Group
Zurich,
Switzerland
| – | -$10.6K | -449 | Closed |
|
KONG Hedge Fund Activity: Q1 2023 in Review
1 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Formidable Fortress ETF (KONG) for Q1 2023, worth a combined $23.9M — up 3.7% from $23.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of KONG and 0 opened new positions — a net loss of 4 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was Formidable Asset Management, adding an estimated $411K. The largest seller was Citadel Advisors, exiting entirely with an estimated $465K sold.
- 1 institutional investor held Formidable Fortress ETF (KONG) as of Q1 2023, down from 5 in Q4 2022.
- Funds reported $23.9M of Formidable Fortress ETF stock for Q1 2023, up 3.7% quarter-over-quarter.
- 0 funds opened new Formidable Fortress ETF positions in Q1 2023 and 4 closed out, a net change of -4 holders.
- The largest Formidable Fortress ETF buyer in Q1 2023 was Formidable Asset Management, an estimated $411K added.
- The largest Formidable Fortress ETF seller in Q1 2023 was Citadel Advisors, an estimated $465K sold.
Based on aggregated 13F filings for Q1 2023.