LeaderShares AlphaFactor Tactical Focused ETF
LSAT
28 hedge funds and large institutions have $158M invested in LeaderShares AlphaFactor Tactical Focused ETF in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 4 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
9% more capital invested
Capital invested by funds: $145M → $158M (+$12.5M)
0.67% more ownership
Funds ownership: 79.46% → 80.12% (+0.67%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less funds holding
Funds holding: 30 → 28 (-2)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$2.46M |
| 2 |
RIM
Redwood Investment Management
Scottsdale,
Arizona
|
+$1.56M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.05M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$733K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$406K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FD
Financial Designs
Claremont,
California
|
-$578K |
| 2 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$547K |
| 3 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
-$109K |
| 4 |
BFG
Bleakley Financial Group
Fairfield,
New Jersey
|
-$73K |
| 5 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$73K |
LSAT Hedge Fund Activity: Q2 2023 in Review
28 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in LeaderShares AlphaFactor Tactical Focused ETF (LSAT) for Q2 2023, worth a combined $158M — up 8.6% from $145M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of LSAT and 3 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 14 added.
The largest buyer was LPL Financial, adding an estimated $2.46M. The largest seller was Financial Designs, cutting an estimated $578K.
- 28 institutional investors held LeaderShares AlphaFactor Tactical Focused ETF (LSAT) as of Q2 2023, down from 30 in Q1 2023.
- Funds reported $158M of LeaderShares AlphaFactor Tactical Focused ETF stock for Q2 2023, up 8.6% quarter-over-quarter.
- 3 funds opened new LeaderShares AlphaFactor Tactical Focused ETF positions in Q2 2023 and 4 closed out, a net change of -1 holder.
- The largest LeaderShares AlphaFactor Tactical Focused ETF buyer in Q2 2023 was LPL Financial, an estimated $2.46M added.
- The largest LeaderShares AlphaFactor Tactical Focused ETF seller in Q2 2023 was Financial Designs, an estimated $578K sold.
Based on aggregated 13F filings for Q2 2023.