LeaderShares AlphaFactor US Core Equity ETF
LSAF
11 hedge funds and large institutions have $43.2M invested in LeaderShares AlphaFactor US Core Equity ETF in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
38% more funds holding
Funds holding: 8 → 11 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
46% less capital invested
Capital invested by funds: $80.6M → $43.2M (-$37.4M)
47.59% less ownership
Funds ownership: 97.08% → 49.49% (-48%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$963K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$706K |
| 3 |
LPL Financial
San Diego,
California
|
+$398K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$74.1K |
| 5 |
JP Morgan Chase
New York
|
+$37.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Redwood Investment Management
Scottsdale,
Arizona
|
-$42M |
| 2 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$438K |
| 4 |
Jane Street
New York
|
-$220K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIM
1
Redwood Investment Management
Scottsdale,
Arizona
| $24.5M | -$42M | -1,410,880 | -64% |
|
|
2
Envestnet Asset Management
Chicago,
Illinois
| $13.6M | +$706K | +23,700 | +6% |
|
|
3
LPL Financial
San Diego,
California
| $2.38M | +$398K | +13,347 | +21% |
|
|
PAG
4
Private Advisor Group
Morristown,
New Jersey
| $1.27M | +$89 | +3 | +0% |
|
|
AAS
5
Avantax Advisory Services
Dallas,
Texas
| $1.01M | +$963K | +32,305 | New |
|
|
6
Citadel Advisors
Miami,
Florida
| $213K | -$438K | -14,700 | -68% |
|
7
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $91K | – | – | – |
|
|
8
Osaic Holdings
Scottsdale,
Arizona
| $77K | +$74.1K | +2,487 | New |
|
|
9
JP Morgan Chase
New York
| $39K | +$37.1K | +1,245 | New |
|
10
UBS Group
Zurich,
Switzerland
| $10K | +$9.21K | +309 | New |
|
11
Wells Fargo
San Francisco,
California
| $9K | +$8.26K | +277 | New |
|
|
FI
12
FormulaFolio Investments
Grand Rapids,
Michigan
| – | -$2M | -69,861 | Closed |
|
|
13
Jane Street
New York
| – | -$220K | -7,697 | Closed |
|
LSAF Hedge Fund Activity: Q1 2021 in Review
11 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in LeaderShares AlphaFactor US Core Equity ETF (LSAF) for Q1 2021, worth a combined $43.2M — down 46% from $80.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new LSAF positions and 2 closed out — a net gain of 3 holders — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Avantax Advisory Services, opening a new position worth an estimated $963K. The largest seller was Redwood Investment Management, cutting an estimated $42M.
- 11 institutional investors held LeaderShares AlphaFactor US Core Equity ETF (LSAF) as of Q1 2021, up from 8 in Q4 2020.
- Funds reported $43.2M of LeaderShares AlphaFactor US Core Equity ETF stock for Q1 2021, down 46% quarter-over-quarter.
- 5 funds opened new LeaderShares AlphaFactor US Core Equity ETF positions in Q1 2021 and 2 closed out, a net change of +3 holders.
- The largest LeaderShares AlphaFactor US Core Equity ETF buyer in Q1 2021 was Avantax Advisory Services, an estimated $963K added.
- The largest LeaderShares AlphaFactor US Core Equity ETF seller in Q1 2021 was Redwood Investment Management, an estimated $42M sold.
Based on aggregated 13F filings for Q1 2021.