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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.

New
Increased
Maintained
Reduced
Closed

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)

Holders
51
Holders Change
-1
Holders Change %
-1.92%
% of All Funds
0.63%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
10
Increased
13
Reduced
8
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$1.3M
2
FTUS
Flow Traders U.S.
New York
+$601K
3
Citadel Advisors
Citadel Advisors
Florida
+$540K
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$210K
5
HI
Harbour Investments
Wisconsin
+$125K

Top Sellers

1
GWM
Geneos Wealth Management
Colorado
-$1M
2
Simplex Trading
Simplex Trading
Illinois
-$62K
3
FFA
Farther Finance Advisors
California
-$46.2K
4
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
-$42.5K
5
KAS
Kestra Advisory Services
Texas
-$37.4K
Name Holding Trade Value Shares
Change 		Change in
Stake
FTUS
1
Flow Traders U.S.
New York
$2.18M +$601K +13,425 +35%
Susquehanna International Group
2
Susquehanna International Group
Pennsylvania
$1.22M +$1.3M +28,991 New
AWM
3
AE Wealth Management
Kansas
$965K -$1.16K -26 -0.1%
Raymond James Financial
4
Raymond James Financial
Florida
$808K +$108K +2,424 +14%
Citadel Advisors
5
Citadel Advisors
Florida
$804K +$540K +12,075 +173%
Bank of Montreal
6
Bank of Montreal
Ontario, Canada
$651K +$56.9K +1,273 +9%
MA
7
Mutual Advisors
Nebraska
$529K +$54.8K +1,226 +11%
Cambridge Investment Research Advisors
8
Cambridge Investment Research Advisors
Iowa
$296K -$42.5K -950 -12%
HighTower Advisors
9
HighTower Advisors
Illinois
$237K -$3.13K -70 -1%
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$229K +$13.7K +306 +6%
LSPW
11
Lake Street Private Wealth
Illinois
$221K – – –
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$219K +$210K +4,689 +947%
HI
13
Harbour Investments
Wisconsin
$200K +$125K +2,801 +144%
FFA
14
Farther Finance Advisors
California
$165K -$46.2K -1,033 -21%
GWM
15
Geneos Wealth Management
Colorado
$99.1K -$1M -22,435 -91%
Simplex Trading
16
Simplex Trading
Illinois
$97.4K -$62K -1,387 -38%
Carson Wealth (CWM LLC)
17
Carson Wealth (CWM LLC)
Nebraska
$80.4K -$13.6K -305 -14%
Morgan Stanley
18
Morgan Stanley
New York
$53.1K – – –
SS
19
Sunbelt Securities
Texas
$27.4K – – –
FF
20
Friedenthal Financial
New Jersey
$25.1K – – –
TWM
21
TopTier Wealth Management
Wisconsin
$23K +$24.4K +545 New
GA
22
GoalVest Advisory
New York
$15K – – –
LFG
23
Larson Financial Group
Missouri
$13.5K – – –
HCM
24
Hollencrest Capital Management
California
$12.9K – – –
NSIM
25
North Star Investment Management
Illinois
$12.6K +$11.1K +248 +496%
1
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NANC Hedge Fund Activity: Q1 2026 in Review

51 of the 8,125 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.