Unusual Whales Subversive Democratic Trading ETF
NANC
51 hedge funds and large institutions have $9.28M invested in Unusual Whales Subversive Democratic Trading ETF in 2026 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 10 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
13% more capital invested
Capital invested by funds: $8.22M → $9.28M (+$1.06M)
0.77% more ownership
Funds ownership: 3.12% → 3.89% (+0.77%)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
2% less funds holding
Funds holding: 52 → 51 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.3M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$601K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$540K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$210K |
| 5 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$125K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$1M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
-$62K |
| 3 |
FFA
Farther Finance Advisors
San Francisco,
California
|
-$46.2K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$42.5K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$37.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RF
51
Robbins Farley
Bedford,
New Hampshire
| $43 | – | – | – |
|
|
KAS
52
Kestra Advisory Services
Austin,
Texas
| – | -$37.4K | -819 | Closed |
|
|
AAP
53
Arax Advisory Partners
Denver,
Colorado
| – | -$24.8K | -543 | Closed |
|
|
CWP
54
Concord Wealth Partners
Abingdon,
Virginia
| – | -$20.9K | -459 | Closed |
|
|
RFP
55
Root Financial Partners
Encinitas,
California
| – | -$12.7K | -278 | Closed |
|
56
Osaic Holdings
Scottsdale,
Arizona
| – | -$9.42K | -206 | Closed |
|
|
AA
57
Ancora Advisors
Cleveland,
Ohio
| – | -$6.85K | -150 | Closed |
|
58
JP Morgan Chase
New York
| – | -$3.42K | -75 | Closed |
|
|
CA
59
CoreCap Advisors
Southfield,
Michigan
| – | -$228 | -5 | Closed |
|
|
SA
60
Strategic Advocates
Logan,
Utah
| – | -$184 | -4 | Closed |
|
61
Fidelity Investments
Boston,
Massachusetts
| – | -$91 | -2 | Closed |
|
NANC Hedge Fund Activity: Q1 2026 in Review
51 of the 8,127 institutional investors tracked by Wall St. Rank reported a position in Unusual Whales Subversive Democratic Trading ETF (NANC) for Q1 2026, worth a combined $9.28M — up 13% from $8.22M a quarter earlier.
Fund positioning in NANC was balanced in Q1 2026: 10 funds opened new positions, 10 closed out, 13 added to existing stakes and 8 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $1.3M. The largest seller was Geneos Wealth Management, cutting an estimated $1M.
- 51 institutional investors held Unusual Whales Subversive Democratic Trading ETF (NANC) as of Q1 2026, down from 52 in Q4 2025.
- Funds reported $9.28M of Unusual Whales Subversive Democratic Trading ETF stock for Q1 2026, up 13% quarter-over-quarter.
- 10 funds opened new Unusual Whales Subversive Democratic Trading ETF positions in Q1 2026 and 10 closed out, a net change of 0 holders.
- The largest Unusual Whales Subversive Democratic Trading ETF buyer in Q1 2026 was Susquehanna International Group, an estimated $1.3M added.
- The largest Unusual Whales Subversive Democratic Trading ETF seller in Q1 2026 was Geneos Wealth Management, an estimated $1M sold.
Based on aggregated 13F filings for Q1 2026.