LeaderShares AlphaFactor Tactical Focused ETF
LSAT
9 hedge funds and large institutions have $49.7M invested in LeaderShares AlphaFactor Tactical Focused ETF in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
29% more funds holding
Funds holding: 7 → 9 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
53% less capital invested
Capital invested by funds: $106M → $49.7M (-$56.6M)
73.81% less ownership
Funds ownership: 129.61% → 55.81% (-74%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$1.01M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$927K |
| 3 |
LPL Financial
San Diego,
California
|
+$433K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$86.5K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$33.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Redwood Investment Management
Scottsdale,
Arizona
|
-$71.4M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$236K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIM
1
Redwood Investment Management
Scottsdale,
Arizona
| $26.1M | -$71.4M | -2,302,746 | -74% |
|
|
2
Envestnet Asset Management
Chicago,
Illinois
| $14M | +$927K | +29,893 | +7% |
|
|
HI
3
Harbour Investments
Madison,
Wisconsin
| $4.9M | +$4.66M | +150,212 | New |
|
|
4
LPL Financial
San Diego,
California
| $2.2M | +$433K | +13,975 | +26% |
|
|
PAG
5
Private Advisor Group
Morristown,
New Jersey
| $1.28M | +$33.3K | +1,073 | +3% |
|
|
AAS
6
Avantax Advisory Services
Dallas,
Texas
| $1.07M | +$1.01M | +32,722 | New |
|
|
7
Osaic Holdings
Scottsdale,
Arizona
| $91K | +$86.5K | +2,791 | New |
|
8
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $66K | – | – | – |
|
9
Wells Fargo
San Francisco,
California
| $12K | +$11.3K | +366 | New |
|
|
10
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$236K | -7,985 | Closed |
|
|
11
UBS Group
Zurich,
Switzerland
| – | -$2K | -61 | Closed |
|
LSAT Hedge Fund Activity: Q1 2021 in Review
9 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in LeaderShares AlphaFactor Tactical Focused ETF (LSAT) for Q1 2021, worth a combined $49.7M — down 53% from $106M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new LSAT positions and 2 closed out — a net gain of 2 holders — while 3 added to existing stakes and 1 trimmed.
The largest buyer was Avantax Advisory Services, opening a new position worth an estimated $1.01M. The largest seller was Redwood Investment Management, cutting an estimated $71.4M.
- 9 institutional investors held LeaderShares AlphaFactor Tactical Focused ETF (LSAT) as of Q1 2021, up from 7 in Q4 2020.
- Funds reported $49.7M of LeaderShares AlphaFactor Tactical Focused ETF stock for Q1 2021, down 53% quarter-over-quarter.
- 4 funds opened new LeaderShares AlphaFactor Tactical Focused ETF positions in Q1 2021 and 2 closed out, a net change of +2 holders.
- The largest LeaderShares AlphaFactor Tactical Focused ETF buyer in Q1 2021 was Avantax Advisory Services, an estimated $1.01M added.
- The largest LeaderShares AlphaFactor Tactical Focused ETF seller in Q1 2021 was Redwood Investment Management, an estimated $71.4M sold.
Based on aggregated 13F filings for Q1 2021.