Miller Value Partners Appreciation ETF
MVPA
7 hedge funds and large institutions have $2.46M invested in Miller Value Partners Appreciation ETF in 2025 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 3 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
1.85% less ownership
Funds ownership: 5.6% → 3.75% (-1.9%)
22% less funds holding
Funds holding: 9 → 7 (-2)
37% less capital invested
Capital invested by funds: $3.9M → $2.46M (-$1.44M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$406K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$85.3K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.38K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.71K |
| 5 |
CA
Crewe Advisors
Salt Lake City,
Utah
|
+$67 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$977K |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$374K |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$245K |
| 4 |
MWA
Mills Wealth Advisors
Southlake,
Texas
|
-$238K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
LPL Financial
San Diego,
California
| $858K | +$406K | +12,130 | +88% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $838K | +$85.3K | +2,547 | +11% |
|
|
3
Commonwealth Equity Services
Waltham,
Massachusetts
| $516K | +$2.71K | +81 | +0.5% |
|
|
MWA
4
Mills Wealth Advisors
Southlake,
Texas
| $222K | -$238K | -7,111 | -51% |
|
5
Osaic Holdings
Scottsdale,
Arizona
| $13.3K | – | – | – |
|
|
CA
6
Crewe Advisors
Salt Lake City,
Utah
| $8.42K | +$67 | +2 | +0.8% |
|
|
7
UBS Group
Zurich,
Switzerland
| $3.35K | +$3.38K | +101 | New |
|
|
8
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$977K | -28,159 | Closed |
|
|
OMC
9
Old Mission Capital
Chicago,
Illinois
| – | -$374K | -10,777 | Closed |
|
|
NA
10
NewEdge Advisors
New Orleans,
Louisiana
| – | -$245K | -7,075 | Closed |
|
MVPA Hedge Fund Activity: Q4 2025 in Review
7 of the 8,238 institutional investors tracked by Wall St. Rank reported a position in Miller Value Partners Appreciation ETF (MVPA) for Q4 2025, worth a combined $2.46M — down 37% from $3.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of MVPA and 1 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 4 added.
The largest buyer was LPL Financial, adding an estimated $406K. The largest seller was Janney Montgomery Scott, exiting entirely with an estimated $977K sold.
- 7 institutional investors held Miller Value Partners Appreciation ETF (MVPA) as of Q4 2025, down from 9 in Q3 2025.
- Funds reported $2.46M of Miller Value Partners Appreciation ETF stock for Q4 2025, down 37% quarter-over-quarter.
- 1 fund opened new Miller Value Partners Appreciation ETF positions in Q4 2025 and 3 closed out, a net change of -2 holders.
- The largest Miller Value Partners Appreciation ETF buyer in Q4 2025 was LPL Financial, an estimated $406K added.
- The largest Miller Value Partners Appreciation ETF seller in Q4 2025 was Janney Montgomery Scott, an estimated $977K sold.
Based on aggregated 13F filings for Q4 2025.