TrueShares Structured Outcome November ETF
NOVZ
26 hedge funds and large institutions have $23.2M invested in TrueShares Structured Outcome November ETF in 2025 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 4 closing their positions.
36% more capital invested
Capital invested by funds: $17M → $23.2M (+$6.16M)
6.37% more ownership
Funds ownership: 68.6% → 74.96% (+6.4%)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
4% less funds holding
Funds holding: 27 → 26 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
TrueMark Investments
Chicago,
Illinois
|
+$4.47M |
| 2 |
LI
LifeWealth Investments
Winter Garden,
Florida
|
+$450K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$399K |
| 4 |
JP Morgan Chase
New York
|
+$138K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
+$88K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$625K |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$110K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$83.3K |
| 4 |
LAS
Lloyd Advisory Services
Suwanee,
Georgia
|
-$61.7K |
| 5 |
BlackRock
New York
|
-$32.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAWM
26
Capital A Wealth Management
New Castle,
Pennsylvania
| $278 | -$4.7K | -119 | -94% |
|
|
OMC
27
Old Mission Capital
Chicago,
Illinois
| – | -$625K | -16,092 | Closed |
|
|
28
BlackRock
New York
| – | -$32.6K | -840 | Closed |
|
|
LRWM
29
Lord & Richards Wealth Management
Highlands Ranch,
Colorado
| – | -$15.9K | -410 | Closed |
|
NOVZ Hedge Fund Activity: Q2 2025 in Review
26 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in TrueShares Structured Outcome November ETF (NOVZ) for Q2 2025, worth a combined $23.2M — up 36% from $17M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NOVZ and 3 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 9 added.
The largest buyer was TrueMark Investments, adding an estimated $4.47M. The largest seller was Old Mission Capital, exiting entirely with an estimated $625K sold.
- 26 institutional investors held TrueShares Structured Outcome November ETF (NOVZ) as of Q2 2025, down from 27 in Q1 2025.
- Funds reported $23.2M of TrueShares Structured Outcome November ETF stock for Q2 2025, up 36% quarter-over-quarter.
- 3 funds opened new TrueShares Structured Outcome November ETF positions in Q2 2025 and 4 closed out, a net change of -1 holder.
- The largest TrueShares Structured Outcome November ETF buyer in Q2 2025 was TrueMark Investments, an estimated $4.47M added.
- The largest TrueShares Structured Outcome November ETF seller in Q2 2025 was Old Mission Capital, an estimated $625K sold.
Based on aggregated 13F filings for Q2 2025.