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Unusual Whales Subversive Democratic Trading ETF

52 hedge funds and large institutions have $7M invested in Unusual Whales Subversive Democratic Trading ETF in 2025 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 5

8% more funds holding

Funds holding: 4852 (+4)

0.54% less ownership

Funds ownership: 3.33%2.79% (-0.54%)

7% less capital invested

Capital invested by funds: $7.5M → $7M (-$496K)

10% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 10

Holders
52
Holders Change
+4
Holders Change %
+8.33%
% of All Funds
0.68%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
9
Reduced
10
Closed
5
Calls
$1.57M
Puts
Net Calls
+$1.57M
Net Calls Change
+$1.57M
Name Holding Trade Value Shares
Change
Change in
Stake
Commonwealth Equity Services
1
Commonwealth Equity Services
Massachusetts
$1.08M -$19.5K -451 -2%
GWM
2
Geneos Wealth Management
Colorado
$1.06M +$17.7K +411 +2%
AWM
3
AE Wealth Management
Kansas
$1.04M -$7.46K -173 -0.7%
Susquehanna International Group
4
Susquehanna International Group
Pennsylvania
$702K +$676K +15,671 New
Bank of Montreal
5
Bank of Montreal
Ontario, Canada
$645K -$85.5K -1,982 -12%
MA
6
Mutual Advisors
Nebraska
$512K +$137K +3,166 +39%
Citadel Advisors
7
Citadel Advisors
Florida
$388K -$247K -5,734 -40%
Cambridge Investment Research Advisors
8
Cambridge Investment Research Advisors
Iowa
$349K -$7.12K -165 -2%
HighTower Advisors
9
HighTower Advisors
Illinois
$250K +$302 +7 +0.1%
LSPW
10
Lake Street Private Wealth
Illinois
$234K
IAIM
11
International Assets Investment Management
Florida
$201K
Carson Wealth (CWM LLC)
12
Carson Wealth (CWM LLC)
Nebraska
$99K +$6.12K +142 +7%
FFA
13
Farther Finance Advisors
California
$84.4K +$3.19K +74 +4%
Morgan Stanley
14
Morgan Stanley
New York
$56.4K
Simplex Trading
15
Simplex Trading
Illinois
$34K +$32.8K +761 New
SS
16
Sunbelt Securities
Texas
$29.1K
FF
17
Friedenthal Financial
New Jersey
$21.8K
EWA
18
EverSource Wealth Advisors
Alabama
$20.1K +$5.91K +137 +44%
PS
19
Principal Securities
Iowa
$17K +$16.4K +380 New
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$17K +$16K +370 +2,056%
GA
21
GoalVest Advisory
New York
$15.9K
CIBC Private Wealth Group
22
CIBC Private Wealth Group
Georgia
$15.4K -$15.8K -367 -52%
LFG
23
Larson Financial Group
Missouri
$14.3K +$4.92K +114 +56%
HCM
24
Hollencrest Capital Management
California
$13.7K
RFP
25
Root Financial Partners
California
$12.5K +$12K +278 New

NANC Hedge Fund Activity: Q3 2025 in Review

52 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Unusual Whales Subversive Democratic Trading ETF (NANC) for Q3 2025, worth a combined $7M — down 6.6% from $7.5M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new NANC positions and 5 closed out — a net gain of 5 holders — while 9 added to existing stakes and 10 trimmed.

The largest buyer was Susquehanna International Group, opening a new position worth an estimated $676K. The largest seller was Old Mission Capital, exiting entirely with an estimated $1.17M sold.

  • 52 institutional investors held Unusual Whales Subversive Democratic Trading ETF (NANC) as of Q3 2025, up from 48 in Q2 2025.
  • Funds reported $7M of Unusual Whales Subversive Democratic Trading ETF stock for Q3 2025, down 6.6% quarter-over-quarter.
  • 10 funds opened new Unusual Whales Subversive Democratic Trading ETF positions in Q3 2025 and 5 closed out, a net change of +5 holders.
  • The largest Unusual Whales Subversive Democratic Trading ETF buyer in Q3 2025 was Susquehanna International Group, an estimated $676K added.
  • The largest Unusual Whales Subversive Democratic Trading ETF seller in Q3 2025 was Old Mission Capital, an estimated $1.17M sold.

Based on aggregated 13F filings for Q3 2025.