LeaderShares AlphaFactor US Core Equity ETF
LSAF
8 hedge funds and large institutions have $80.6M invested in LeaderShares AlphaFactor US Core Equity ETF in 2020 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 3 closing their positions.
54% more capital invested
Capital invested by funds: $52.3M → $80.6M (+$28.3M)
30.66% more ownership
Funds ownership: 66.41% → 97.08% (+31%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less funds holding
Funds holding: 9 → 8 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Redwood Investment Management
Scottsdale,
Arizona
|
+$20.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$581K |
| 3 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$363K |
| 4 |
Jane Street
New York
|
+$208K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.1M |
| 2 |
LPL Financial
San Diego,
California
|
-$587K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$391K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$122K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$77K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIM
1
Redwood Investment Management
Scottsdale,
Arizona
| $62.8M | +$20.7M | +767,553 | +54% |
|
|
2
Envestnet Asset Management
Chicago,
Illinois
| $11.8M | -$1.1M | -40,634 | -9% |
|
|
FI
3
FormulaFolio Investments
Grand Rapids,
Michigan
| $2M | +$363K | +13,440 | +24% |
|
|
4
LPL Financial
San Diego,
California
| $1.8M | -$587K | -21,766 | -26% |
|
|
PAG
5
Private Advisor Group
Morristown,
New Jersey
| $1.17M | -$122K | -4,528 | -10% |
|
|
6
Citadel Advisors
Miami,
Florida
| $617K | +$581K | +21,550 | New |
|
|
7
Jane Street
New York
| $220K | +$208K | +7,697 | New |
|
8
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $91K | – | – | – |
|
|
9
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$391K | -15,639 | Closed |
|
|
10
UBS Group
Zurich,
Switzerland
| – | -$77K | -3,086 | Closed |
|
|
PFS
11
Prospera Financial Services
Dallas,
Texas
| – | -$35K | -1,390 | Closed |
|
LSAF Hedge Fund Activity: Q4 2020 in Review
8 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in LeaderShares AlphaFactor US Core Equity ETF (LSAF) for Q4 2020, worth a combined $80.6M — up 54% from $52.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of LSAF and 2 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 2 added.
The largest buyer was Redwood Investment Management, adding an estimated $20.7M. The largest seller was Envestnet Asset Management, cutting an estimated $1.1M.
- 8 institutional investors held LeaderShares AlphaFactor US Core Equity ETF (LSAF) as of Q4 2020, down from 9 in Q3 2020.
- Funds reported $80.6M of LeaderShares AlphaFactor US Core Equity ETF stock for Q4 2020, up 54% quarter-over-quarter.
- 2 funds opened new LeaderShares AlphaFactor US Core Equity ETF positions in Q4 2020 and 3 closed out, a net change of -1 holder.
- The largest LeaderShares AlphaFactor US Core Equity ETF buyer in Q4 2020 was Redwood Investment Management, an estimated $20.7M added.
- The largest LeaderShares AlphaFactor US Core Equity ETF seller in Q4 2020 was Envestnet Asset Management, an estimated $1.1M sold.
Based on aggregated 13F filings for Q4 2020.