Leatherback Long/Short Alternative Yield ETF
LBAY
12 hedge funds and large institutions have $49.1M invested in Leatherback Long/Short Alternative Yield ETF in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 4 closing their positions.
41.39% more ownership
Funds ownership: 35.42% → 76.8% (+41%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $51.5M → $49.1M (-$2.36M)
14% less funds holding
Funds holding: 14 → 12 (-2)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$28M |
| 2 |
RPSA
Richard P. Slaughter Associates
Austin,
Texas
|
+$7.44M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$808K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$558K |
| 5 |
GS
GTS Securities
Miami,
Florida
|
+$350K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EFG
Ethos Financial Group
King Of Prussia,
Pennsylvania
|
-$7.05M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$727K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$120K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$120K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$73.7K |
LBAY Hedge Fund Activity: Q3 2023 in Review
12 institutional investors reported a position in Leatherback Long/Short Alternative Yield ETF (LBAY) for Q3 2023, worth a combined $49.1M — down 4.6% from $51.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of LBAY and 3 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 3 added.
The largest buyer was EP Wealth Advisors, adding an estimated $28M. The largest seller was Ethos Financial Group, exiting entirely with an estimated $7.05M sold.
- 12 institutional investors held Leatherback Long/Short Alternative Yield ETF (LBAY) as of Q3 2023, down from 14 in Q2 2023.
- Funds reported $49.1M of Leatherback Long/Short Alternative Yield ETF stock for Q3 2023, down 4.6% quarter-over-quarter.
- 3 funds opened new Leatherback Long/Short Alternative Yield ETF positions in Q3 2023 and 4 closed out, a net change of -1 holder.
- The largest Leatherback Long/Short Alternative Yield ETF buyer in Q3 2023 was EP Wealth Advisors, an estimated $28M added.
- The largest Leatherback Long/Short Alternative Yield ETF seller in Q3 2023 was Ethos Financial Group, an estimated $7.05M sold.
Based on aggregated 13F filings for Q3 2023.