TrueShares Structured Outcome November ETF
NOVZ
15 hedge funds and large institutions have $14.5M invested in TrueShares Structured Outcome November ETF in 2025 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 0 increasing their positions, 7 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
25% more funds holding
Funds holding: 12 → 15 (+3)
6.88% less ownership
Funds ownership: 81.9% → 75.02% (-6.9%)
8% less capital invested
Capital invested by funds: $15.7M → $14.5M (-$1.23M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$70.1K |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$26.1K |
| 3 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
+$8.14K |
| 4 |
LAS
Lloyd Advisory Services
Suwanee,
Georgia
|
+$3.51K |
| 5 |
AssetMark Inc
Concord,
California
|
+$360 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$296K |
| 2 |
TI
TrueMark Investments
Chicago,
Illinois
|
-$290K |
| 3 |
I2I
Insight 2811 Inc
Chicago,
Illinois
|
-$229K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
-$90.1K |
| 5 |
VBFP
Valtinson Bruner Financial Planning
New Brighton,
Minnesota
|
-$83.5K |
NOVZ Hedge Fund Activity: Q4 2025 in Review
15 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in TrueShares Structured Outcome November ETF (NOVZ) for Q4 2025, worth a combined $14.5M — down 7.8% from $15.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NOVZ positions and 2 closed out — a net gain of 3 holders — while 0 added to existing stakes and 7 trimmed.
The largest buyer was Blue Bell Private Wealth Management, opening a new position worth an estimated $70.1K. The largest seller was Old Mission Capital, exiting entirely with an estimated $296K sold.
- 15 institutional investors held TrueShares Structured Outcome November ETF (NOVZ) as of Q4 2025, up from 12 in Q3 2025.
- Funds reported $14.5M of TrueShares Structured Outcome November ETF stock for Q4 2025, down 7.8% quarter-over-quarter.
- 5 funds opened new TrueShares Structured Outcome November ETF positions in Q4 2025 and 2 closed out, a net change of +3 holders.
- The largest TrueShares Structured Outcome November ETF buyer in Q4 2025 was Blue Bell Private Wealth Management, an estimated $70.1K added.
- The largest TrueShares Structured Outcome November ETF seller in Q4 2025 was Old Mission Capital, an estimated $296K sold.
Based on aggregated 13F filings for Q4 2025.