LeaderShares AlphaFactor Tactical Focused ETF
LSAT
26 hedge funds and large institutions have $77M invested in LeaderShares AlphaFactor Tactical Focused ETF in 2025 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 14 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8.09% less ownership
Funds ownership: 88.14% → 80.05% (-8.1%)
16% less funds holding
Funds holding: 31 → 26 (-5)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
71% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 14
92% less capital inflows, than outflows
Capital inflows: $973K | Capital outflows: $12.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$390K |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$376K |
| 3 |
Wealthspire Advisors (New York)
New York
|
+$116K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$59.2K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$24.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Redwood Investment Management
Scottsdale,
Arizona
|
-$6.34M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.81M |
| 3 |
Envestnet Portfolio Solutions
Chicago,
Illinois
|
-$1.38M |
| 4 |
Private Advisor Group
Morristown,
New Jersey
|
-$894K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$568K |
LSAT Hedge Fund Activity: Q3 2025 in Review
26 of the 7,656 institutional investors tracked by Wall St. Rank reported a position in LeaderShares AlphaFactor Tactical Focused ETF (LSAT) for Q3 2025, worth a combined $77M — down 12% from $87.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of LSAT and 2 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 4 added.
The largest buyer was Morgan Stanley, opening a new position worth an estimated $390K. The largest seller was Redwood Investment Management, cutting an estimated $6.34M.
- 26 institutional investors held LeaderShares AlphaFactor Tactical Focused ETF (LSAT) as of Q3 2025, down from 31 in Q2 2025.
- Funds reported $77M of LeaderShares AlphaFactor Tactical Focused ETF stock for Q3 2025, down 12% quarter-over-quarter.
- 2 funds opened new LeaderShares AlphaFactor Tactical Focused ETF positions in Q3 2025 and 4 closed out, a net change of -2 holders.
- The largest LeaderShares AlphaFactor Tactical Focused ETF buyer in Q3 2025 was Morgan Stanley, an estimated $390K added.
- The largest LeaderShares AlphaFactor Tactical Focused ETF seller in Q3 2025 was Redwood Investment Management, an estimated $6.34M sold.
Based on aggregated 13F filings for Q3 2025.