LHA Market State Tactical Beta ETF
MSTB
17 hedge funds and large institutions have $96.2M invested in LHA Market State Tactical Beta ETF in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 10 reducing their positions, and 9 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
0.29% more ownership
Funds ownership: 66.66% → 66.96% (+0.29%)
4% less capital invested
Capital invested by funds: $99.8M → $96.2M (-$3.59M)
23% less funds holding
Funds holding: 22 → 17 (-5)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
70% less call options, than puts
Call options by funds: $3K | Put options by funds: $10K
80% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TownSquare Capital
Provo,
Utah
|
+$2.13M |
| 2 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
+$1.37M |
| 3 |
TCM
Triumph Capital Management
Denver,
Colorado
|
+$311K |
| 4 |
AC
AlphaCore Capital
La Jolla,
California
|
+$294K |
| 5 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$73.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$5.21M |
| 2 |
RA
RFG Advisory
Birmingham,
Alabama
|
-$1.49M |
| 3 |
DIM
Delta Investment Management
San Francisco,
California
|
-$1.39M |
| 4 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$1.39M |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$758K |
MSTB Hedge Fund Activity: Q2 2023 in Review
17 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in LHA Market State Tactical Beta ETF (MSTB) for Q2 2023, worth a combined $96.2M — down 3.6% from $99.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MSTB and 4 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 2 added.
The largest buyer was TownSquare Capital, opening a new position worth an estimated $2.13M. The largest seller was HighTower Advisors, exiting entirely with an estimated $5.21M sold.
- 17 institutional investors held LHA Market State Tactical Beta ETF (MSTB) as of Q2 2023, down from 22 in Q1 2023.
- Funds reported $96.2M of LHA Market State Tactical Beta ETF stock for Q2 2023, down 3.6% quarter-over-quarter.
- 4 funds opened new LHA Market State Tactical Beta ETF positions in Q2 2023 and 9 closed out, a net change of -5 holders.
- The largest LHA Market State Tactical Beta ETF buyer in Q2 2023 was TownSquare Capital, an estimated $2.13M added.
- The largest LHA Market State Tactical Beta ETF seller in Q2 2023 was HighTower Advisors, an estimated $5.21M sold.
Based on aggregated 13F filings for Q2 2023.