Militia Long/Short Equity ETF
ORR
14 hedge funds and large institutions have $38M invested in Militia Long/Short Equity ETF in 2025 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
141% more capital invested
Capital invested by funds: $15.8M → $38M (+$22.3M)
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
56% more funds holding
Funds holding: 9 → 14 (+5)
5.08% more ownership
Funds ownership: 4.17% → 9.26% (+5.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFAS
FIG Financial Advisory Services
Oklahoma City,
Oklahoma
|
+$9.66M |
| 2 |
GS
GTS Securities
Miami,
Florida
|
+$1.4M |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
+$1.31M |
| 4 |
MCP
Militia Capital Partners
Las Vegas,
Nevada
|
+$1.24M |
| 5 |
TWM
Triton Wealth Management
Sun City,
Arizona
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$487K |
| 2 |
WIA
World Investment Advisors
Santa Barbara,
California
|
-$469K |
| 3 |
AFG
Atomi Financial Group
New York
|
-$99.7K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$17.6K |
ORR Hedge Fund Activity: Q4 2025 in Review
14 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in Militia Long/Short Equity ETF (ORR) for Q4 2025, worth a combined $38M — up 141% from $15.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new ORR positions and 2 closed out — a net gain of 5 holders — while 4 added to existing stakes and 2 trimmed.
The largest buyer was FIG Financial Advisory Services, opening a new position worth an estimated $9.66M. The largest seller was Citadel Advisors, exiting entirely with an estimated $487K sold.
- 14 institutional investors held Militia Long/Short Equity ETF (ORR) as of Q4 2025, up from 9 in Q3 2025.
- Funds reported $38M of Militia Long/Short Equity ETF stock for Q4 2025, up 141% quarter-over-quarter.
- 7 funds opened new Militia Long/Short Equity ETF positions in Q4 2025 and 2 closed out, a net change of +5 holders.
- The largest Militia Long/Short Equity ETF buyer in Q4 2025 was FIG Financial Advisory Services, an estimated $9.66M added.
- The largest Militia Long/Short Equity ETF seller in Q4 2025 was Citadel Advisors, an estimated $487K sold.
Based on aggregated 13F filings for Q4 2025.