LHA Market State Tactical Beta ETF
MSTB
11 hedge funds and large institutions have $74.5M invested in LHA Market State Tactical Beta ETF in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 0 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
68% more capital invested
Capital invested by funds: $44.3M → $74.5M (+$30.2M)
57% more funds holding
Funds holding: 7 → 11 (+4)
48.15% less ownership
Funds ownership: 121.27% → 73.12% (-48%)
98% less call options, than puts
Call options by funds: $81K | Put options by funds: $3.75M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$23.2M |
| 2 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$8.14M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$5.02M |
| 4 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$4.11M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$16.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
1
Brookstone Capital Management
Wheaton,
Illinois
| $26.1M | +$8.14M | +290,050 | +47% |
|
|
CAN
2
Cetera Advisor Networks
El Segundo,
California
| $25.1M | +$23.2M | +825,179 | +1,666% |
|
|
CFA
3
Carroll Financial Associates
Charlotte,
North Carolina
| $12.7M | +$4.11M | +146,307 | +50% |
|
|
KAS
4
Kestra Advisory Services
Austin,
Texas
| $5.14M | +$5.02M | +178,971 | New |
|
|
5
HighTower Advisors
Chicago,
Illinois
| $2.37M | +$1.49M | +53,149 | +180% |
|
6
Jane Street
New York
| $719K | +$703K | +25,036 | New |
|
|
PWM
7
Palumbo Wealth Management
Great Neck,
New York
| $706K | +$308K | +10,967 | +81% |
|
|
FEM
8
Fulcrum Equity Management
Plano,
Texas
| $634K | +$25.8K | +918 | +4% |
|
|
CWP
9
Capital Wealth Planning
Naples,
Florida
| $430K | +$421K | +14,992 | New |
|
|
MPW
10
Monterey Private Wealth
Monterey,
California
| $334K | +$309K | +11,016 | New |
|
|
WA
11
WESPAC Advisors
Orinda,
California
| $322K | +$315K | +11,224 | New |
|
|
FI
12
FormulaFolio Investments
Grand Rapids,
Michigan
| – | -$16.5M | -609,315 | Closed |
|
MSTB Hedge Fund Activity: Q1 2021 in Review
11 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in LHA Market State Tactical Beta ETF (MSTB) for Q1 2021, worth a combined $74.5M — up 68% from $44.3M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MSTB positions and 1 closed out — a net gain of 4 holders — while 6 added to existing stakes and 0 trimmed.
The largest buyer was Cetera Advisor Networks, adding an estimated $23.2M. The largest seller was FormulaFolio Investments, exiting entirely with an estimated $16.5M sold.
- 11 institutional investors held LHA Market State Tactical Beta ETF (MSTB) as of Q1 2021, up from 7 in Q4 2020.
- Funds reported $74.5M of LHA Market State Tactical Beta ETF stock for Q1 2021, up 68% quarter-over-quarter.
- 5 funds opened new LHA Market State Tactical Beta ETF positions in Q1 2021 and 1 closed out, a net change of +4 holders.
- The largest LHA Market State Tactical Beta ETF buyer in Q1 2021 was Cetera Advisor Networks, an estimated $23.2M added.
- The largest LHA Market State Tactical Beta ETF seller in Q1 2021 was FormulaFolio Investments, an estimated $16.5M sold.
Based on aggregated 13F filings for Q1 2021.