LHA Market State Tactical Beta ETF
MSTB
22 hedge funds and large institutions have $99.8M invested in LHA Market State Tactical Beta ETF in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 13 reducing their positions, and 5 closing their positions.
4.22% more ownership
Funds ownership: 62.44% → 66.66% (+4.2%)
12% less funds holding
Funds holding: 25 → 22 (-3)
14% less capital invested
Capital invested by funds: $116M → $99.8M (-$16.1M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
69% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$2.91M |
| 2 |
PWM
Palumbo Wealth Management
Great Neck,
New York
|
+$324K |
| 3 |
JP Morgan Chase
New York
|
+$319K |
| 4 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$123K |
| 5 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
+$38K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$16.3M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.74M |
| 3 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$1.59M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$786K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$746K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TSS
26
Two Sigma Securities
New York
| – | -$228K | -9,257 | Closed |
|
27
Jane Street
New York
| – | -$212K | -8,631 | Closed |
|
MSTB Hedge Fund Activity: Q1 2023 in Review
22 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in LHA Market State Tactical Beta ETF (MSTB) for Q1 2023, worth a combined $99.8M — down 14% from $116M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MSTB and 3 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 4 added.
The largest buyer was RFG Advisory, adding an estimated $2.91M. The largest seller was Cetera Advisor Networks, cutting an estimated $16.3M.
- 22 institutional investors held LHA Market State Tactical Beta ETF (MSTB) as of Q1 2023, down from 25 in Q4 2022.
- Funds reported $99.8M of LHA Market State Tactical Beta ETF stock for Q1 2023, down 14% quarter-over-quarter.
- 3 funds opened new LHA Market State Tactical Beta ETF positions in Q1 2023 and 5 closed out, a net change of -2 holders.
- The largest LHA Market State Tactical Beta ETF buyer in Q1 2023 was RFG Advisory, an estimated $2.91M added.
- The largest LHA Market State Tactical Beta ETF seller in Q1 2023 was Cetera Advisor Networks, an estimated $16.3M sold.
Based on aggregated 13F filings for Q1 2023.