LeaderShares AlphaFactor US Core Equity ETF
LSAF
24 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, 8 increasing their positions, 13 reducing their positions, and 6 closing their positions.
1.42% more ownership
Funds ownership: 90.1% → 91.52% (+1.4%)
17% less funds holding
Funds holding: 29 → 24 (-5)
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
81% less capital inflows, than outflows
Capital inflows: $5.95M | Capital outflows: $31.1M
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$4.5M |
| 2 |
IHT Wealth Management
Chicago,
Illinois
|
+$755K |
| 3 |
AE Wealth Management
Topeka,
Kansas
|
+$407K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$114K |
| 5 |
Private Advisor Group
Morristown,
New Jersey
|
+$97.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Designs
Claremont,
California
|
-$23.2M |
| 2 |
Avantax Advisory Services
Dallas,
Texas
|
-$4.69M |
| 3 |
Mariner
Overland Park,
Kansas
|
-$653K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$625K |
| 5 |
Perennial Investment Advisors
Los Angeles,
California
|
-$309K |
LSAF Hedge Fund Activity: Q4 2023 in Review
24 of the 6,876 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 $145M 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 8 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.
- 24 institutional investors held LeaderShares AlphaFactor US Core Equity ETF (LSAF) as of Q4 2023, down from 29 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.