Leatherback Long/Short Alternative Yield ETF
LBAY
14 hedge funds and large institutions have $51.5M invested in Leatherback Long/Short Alternative Yield ETF in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 5 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
91% more capital invested
Capital invested by funds: $26.9M → $51.5M (+$24.5M)
4.05% more ownership
Funds ownership: 31.37% → 35.42% (+4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
18% less funds holding
Funds holding: 17 → 14 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$961K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$249K |
| 3 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$156K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$125K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$70.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FANJ
Financial Architects (New Jersey)
Marlton,
New Jersey
|
-$2.47M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$820K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$448K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$340K |
| 5 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
-$260K |
LBAY Hedge Fund Activity: Q2 2023 in Review
14 institutional investors reported a position in Leatherback Long/Short Alternative Yield ETF (LBAY) for Q2 2023, worth a combined $51.5M — up 91% from $26.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of LBAY and 2 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 7 added.
The largest buyer was Royal Bank of Canada, adding an estimated $961K. The largest seller was Financial Architects (New Jersey), cutting an estimated $2.47M.
- 14 institutional investors held Leatherback Long/Short Alternative Yield ETF (LBAY) as of Q2 2023, down from 17 in Q1 2023.
- Funds reported $51.5M of Leatherback Long/Short Alternative Yield ETF stock for Q2 2023, up 91% quarter-over-quarter.
- 2 funds opened new Leatherback Long/Short Alternative Yield ETF positions in Q2 2023 and 5 closed out, a net change of -3 holders.
- The largest Leatherback Long/Short Alternative Yield ETF buyer in Q2 2023 was Royal Bank of Canada, an estimated $961K added.
- The largest Leatherback Long/Short Alternative Yield ETF seller in Q2 2023 was Financial Architects (New Jersey), an estimated $2.47M sold.
Based on aggregated 13F filings for Q2 2023.