LHA Market State Tactical Beta ETF
MSTB
17 hedge funds and large institutions have $82.4M invested in LHA Market State Tactical Beta ETF in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 3 closing their positions.
1.53% more ownership
Funds ownership: 66.96% → 68.48% (+1.5%)
0% more funds holding
Funds holding: 17 → 17 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
14% less capital invested
Capital invested by funds: $96.2M → $82.4M (-$13.8M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$4.9M |
| 2 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$4.6M |
| 3 |
TC
TownSquare Capital
Provo,
Utah
|
+$898K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$558K |
| 5 |
ITIM
Indiana Trust & Investment Management
Mishawaka,
Indiana
|
+$273K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$9.17M |
| 2 |
PWM
Palumbo Wealth Management
Great Neck,
New York
|
-$5.46M |
| 3 |
MAM
Milestone Asset Management
Pittsburgh,
Pennsylvania
|
-$2.34M |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$1.15M |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.02M |
MSTB Hedge Fund Activity: Q3 2023 in Review
17 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in LHA Market State Tactical Beta ETF (MSTB) for Q3 2023, worth a combined $82.4M — down 14% from $96.2M a quarter earlier.
Fund positioning in MSTB was balanced in Q3 2023: 3 funds opened new positions, 3 closed out, 3 added to existing stakes and 9 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, opening a new position worth an estimated $4.9M. The largest seller was CreativeOne Wealth, exiting entirely with an estimated $9.17M sold.
- 17 institutional investors held LHA Market State Tactical Beta ETF (MSTB) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $82.4M of LHA Market State Tactical Beta ETF stock for Q3 2023, down 14% quarter-over-quarter.
- 3 funds opened new LHA Market State Tactical Beta ETF positions in Q3 2023 and 3 closed out, a net change of 0 holders.
- The largest LHA Market State Tactical Beta ETF buyer in Q3 2023 was Wealth Enhancement Advisory Services, an estimated $4.9M added.
- The largest LHA Market State Tactical Beta ETF seller in Q3 2023 was CreativeOne Wealth, an estimated $9.17M sold.
Based on aggregated 13F filings for Q3 2023.