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LeaderShares AlphaFactor US Core Equity ETF

23 hedge funds and large institutions have $130M invested in LeaderShares AlphaFactor US Core Equity ETF in 2023 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 13 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.33% more ownership

Funds ownership: 89.89%91.22% (+1.3%)

10% less capital invested

Capital invested by funds: $144M → $130M (-$14.5M)

18% less funds holding

Funds holding: 2823 (-5)

46% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 13

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

83% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 6

Holders
23
Holders Change
-5
Holders Change %
-17.86%
% of All Funds
0.34%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
1
Increased
7
Reduced
13
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RIM
1
Redwood Investment Management
Arizona
$67.3M -$129K -3,980 -0.2%
LPL Financial
2
LPL Financial
California
$30.2M +$4.5M +138,912 +19%
PIA
3
Perennial Investment Advisors
California
$4.91M -$309K -9,547 -6%
Mariner
4
Mariner
Kansas
$4.58M -$653K -20,163 -13%
PAG
5
Private Advisor Group
New Jersey
$3.82M +$97.1K +2,997 +3%
Envestnet Portfolio Solutions
6
Envestnet Portfolio Solutions
Illinois
$3.57M -$191K -5,883 -5%
AWS
7
Atria Wealth Solutions
New York
$3.49M -$184K -5,693 -5%
IWM
8
IHT Wealth Management
Illinois
$2.12M +$755K +23,295 +61%
GIA
9
Gladstone Institutional Advisory
Florida
$1.65M -$43.2K -1,333 -3%
Cambridge Investment Research Advisors
10
Cambridge Investment Research Advisors
Iowa
$1.32M -$14.1K -434 -1%
CAS
11
Coppell Advisory Solutions
Texas
$861K -$50.9K -1,570 -6%
Cetera Investment Advisers
12
Cetera Investment Advisers
Illinois
$843K -$625K -19,287 -44%
GLA
13
Good Life Advisors
Pennsylvania
$822K +$583 +18 +0.1%
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$809K -$27K -834 -3%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$722K +$16.1K +497 +2%
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
$572K +$8.94K +276 +2%
Goldman Sachs
17
Goldman Sachs
New York
$527K
Osaic Holdings
18
Osaic Holdings
Arizona
$448K -$115K -3,536 -21%
AWM
19
AE Wealth Management
Kansas
$439K +$407K +12,552 New
APW
20
Aurora Private Wealth
New Jersey
$402K -$32.9K -1,015 -8%
Citadel Advisors
21
Citadel Advisors
Florida
$307K -$207K -6,386 -42%
Fidelity Investments
22
Fidelity Investments
Massachusetts
$123K +$114K +3,518 +6,282%
IA
23
IFP Advisors
Florida
$10.5K
FD
24
Financial Designs
California
-$23.2M -735,038 Closed
AAS
25
Avantax Advisory Services
Texas
-$4.69M -148,267 Closed

LSAF Hedge Fund Activity: Q4 2023 in Review

23 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in LeaderShares AlphaFactor US Core Equity ETF (LSAF) for Q4 2023, worth a combined $130M — down 10% from $144M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of LSAF and 1 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 7 added.

The largest buyer was LPL Financial, adding an estimated $4.5M. The largest seller was Financial Designs, exiting entirely with an estimated $23.2M sold.

  • 23 institutional investors held LeaderShares AlphaFactor US Core Equity ETF (LSAF) as of Q4 2023, down from 28 in Q3 2023.
  • Funds reported $130M of LeaderShares AlphaFactor US Core Equity ETF stock for Q4 2023, down 10% quarter-over-quarter.
  • 1 fund opened new LeaderShares AlphaFactor US Core Equity ETF positions in Q4 2023 and 6 closed out, a net change of -5 holders.
  • The largest LeaderShares AlphaFactor US Core Equity ETF buyer in Q4 2023 was LPL Financial, an estimated $4.5M added.
  • The largest LeaderShares AlphaFactor US Core Equity ETF seller in Q4 2023 was Financial Designs, an estimated $23.2M sold.

Based on aggregated 13F filings for Q4 2023.