TrueShares Structured Outcome November ETF
NOVZ
12 hedge funds and large institutions have $8.2M invested in TrueShares Structured Outcome November ETF in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 7 closing their positions.
29% less funds holding
Funds holding: 17 → 12 (-5)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
98% less capital inflows, than outflows
Capital inflows: $201K | Capital outflows: $9.6M
264.11% less ownership
Funds ownership: 481.77% → 217.66% (-264%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lincoln National Corp
Radnor,
Pennsylvania
|
+$198K |
| 2 |
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$1.84K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AE Wealth Management
Topeka,
Kansas
|
-$5.8M |
| 2 |
Lloyd Advisory Services
Suwanee,
Georgia
|
-$1.4M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$1.16M |
| 4 |
B.O.S.S. Retirement Advisors
Lehi,
Utah
|
-$661K |
| 5 |
Old Mission Capital
Chicago,
Illinois
|
-$273K |
NOVZ Hedge Fund Activity: Q1 2024 in Review
12 of the 6,966 institutional investors tracked by Wall St. Rank reported a position in TrueShares Structured Outcome November ETF (NOVZ) for Q1 2024, worth a combined $8.2M — down 52% from $16.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NOVZ and 2 opened new positions — a net loss of 5 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was Lincoln National Corp, opening a new position worth an estimated $198K. The largest seller was AE Wealth Management, cutting an estimated $5.8M.
- 12 institutional investors held TrueShares Structured Outcome November ETF (NOVZ) as of Q1 2024, down from 17 in Q4 2023.
- Funds reported $8.2M of TrueShares Structured Outcome November ETF stock for Q1 2024, down 52% quarter-over-quarter.
- 2 funds opened new TrueShares Structured Outcome November ETF positions in Q1 2024 and 7 closed out, a net change of -5 holders.
- The largest TrueShares Structured Outcome November ETF buyer in Q1 2024 was Lincoln National Corp, an estimated $198K added.
- The largest TrueShares Structured Outcome November ETF seller in Q1 2024 was AE Wealth Management, an estimated $5.8M sold.
Based on aggregated 13F filings for Q1 2024.