FT Vest U.S. Equity Max Buffer ETF - November
NOVM
27 hedge funds and large institutions have $11.6M invested in FT Vest U.S. Equity Max Buffer ETF - November in 2025 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
8% more funds holding
Funds holding: 25 → 27 (+2)
0.18% more ownership
Funds ownership: 59.89% → 60.08% (+0.18%)
9% less capital invested
Capital invested by funds: $12.7M → $11.6M (-$1.11M)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.03M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$676K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$337K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$275K |
| 5 |
PWP
Prasad Wealth Partners
Independence,
Ohio
|
+$242K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
Farther Finance Advisors
San Francisco,
California
|
-$2.2M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.3M |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$314K |
| 4 |
HAS
HBW Advisory Services
Simi Valley,
California
|
-$278K |
| 5 |
CCFM
Clear Creek Financial Management
Silverdale,
Washington
|
-$57.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
26
Advisory Services Network
Atlanta,
Georgia
| $5.24K | +$5.19K | +163 | New |
|
|
FFA
27
Farther Finance Advisors
San Francisco,
California
| $611 | -$2.2M | -69,267 | -100% |
|
|
28
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$1.3M | -41,425 | Closed |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| – | -$314K | -10,000 | Closed |
|
|
HAS
30
HBW Advisory Services
Simi Valley,
California
| – | -$278K | -8,832 | Closed |
|
NOVM Hedge Fund Activity: Q3 2025 in Review
27 of the 7,626 institutional investors tracked by Wall St. Rank reported a position in FT Vest U.S. Equity Max Buffer ETF - November (NOVM) for Q3 2025, worth a combined $11.6M — down 8.8% from $12.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NOVM positions and 3 closed out — a net gain of 2 holders — while 4 added to existing stakes and 5 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $1.03M. The largest seller was Farther Finance Advisors, cutting an estimated $2.2M.
- 27 institutional investors held FT Vest U.S. Equity Max Buffer ETF - November (NOVM) as of Q3 2025, up from 25 in Q2 2025.
- Funds reported $11.6M of FT Vest U.S. Equity Max Buffer ETF - November stock for Q3 2025, down 8.8% quarter-over-quarter.
- 5 funds opened new FT Vest U.S. Equity Max Buffer ETF - November positions in Q3 2025 and 3 closed out, a net change of +2 holders.
- The largest FT Vest U.S. Equity Max Buffer ETF - November buyer in Q3 2025 was Susquehanna International Group, an estimated $1.03M added.
- The largest FT Vest U.S. Equity Max Buffer ETF - November seller in Q3 2025 was Farther Finance Advisors, an estimated $2.2M sold.
Based on aggregated 13F filings for Q3 2025.