HCM Defender 500 Index ETF
LGH
40 hedge funds and large institutions have $421M invested in HCM Defender 500 Index ETF in 2025 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 20 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
12% more capital invested
Capital invested by funds: $377M → $421M (+$43.5M)
5% more funds holding
Funds holding: 38 → 40 (+2)
4% less ownership
Funds ownership: 112.71% → 108.71% (-4%)
55% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
J2 Capital Management
Troy,
Michigan
|
+$5.24M |
| 2 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$4.96M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$4.5M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.36M |
| 5 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$3.78M |
| 2 |
GS
GTS Securities
New York
|
-$2.54M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$739K |
| 4 |
FA
Fiduciary Alliance
Greenville,
South Carolina
|
-$320K |
| 5 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$267K |
LGH Hedge Fund Activity: Q2 2025 in Review
40 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in HCM Defender 500 Index ETF (LGH) for Q2 2025, worth a combined $421M — up 12% from $377M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new LGH positions and 4 closed out — a net gain of 3 holders — while 9 added to existing stakes and 20 trimmed.
The largest buyer was J2 Capital Management, opening a new position worth an estimated $5.24M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $3.78M.
- 40 institutional investors held HCM Defender 500 Index ETF (LGH) as of Q2 2025, up from 38 in Q1 2025.
- Funds reported $421M of HCM Defender 500 Index ETF stock for Q2 2025, up 12% quarter-over-quarter.
- 7 funds opened new HCM Defender 500 Index ETF positions in Q2 2025 and 4 closed out, a net change of +3 holders.
- The largest HCM Defender 500 Index ETF buyer in Q2 2025 was J2 Capital Management, an estimated $5.24M added.
- The largest HCM Defender 500 Index ETF seller in Q2 2025 was Cambridge Investment Research Advisors, an estimated $3.78M sold.
Based on aggregated 13F filings for Q2 2025.