Overlay Shares Large Cap Equity ETF
OVL
48 hedge funds and large institutions have $200M invested in Overlay Shares Large Cap Equity ETF in 2026 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 6 closing their positions.
217% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 6
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
33% more funds holding
Funds holding: 36 → 48 (+12)
17% more capital invested
Capital invested by funds: $171M → $200M (+$29.1M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
28.54% less ownership
Funds ownership: 94.63% → 66.09% (-29%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NWWA
New Wave Wealth Advisors
Springdale,
Arkansas
|
+$8.03M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.24M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$2.64M |
| 4 |
AA
Armis Advisers
Atlanta,
Georgia
|
+$1.63M |
| 5 |
MAM
Milestone Asset Management
Pittsburgh,
Pennsylvania
|
+$1.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.79M |
| 2 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$1.26M |
| 3 |
GS
GTS Securities
Miami,
Florida
|
-$392K |
| 4 |
MWM
Modera Wealth Management
Westwood,
New Jersey
|
-$355K |
| 5 |
EAP
Elevation Advisory Partners
Orlando,
Florida
|
-$336K |
OVL Hedge Fund Activity: Q2 2026 in Review
48 of the 8,318 institutional investors tracked by Wall St. Rank reported a position in Overlay Shares Large Cap Equity ETF (OVL) for Q2 2026, worth a combined $200M — up 17% from $171M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new OVL positions and 6 closed out — a net gain of 13 holders — while 15 added to existing stakes and 10 trimmed.
The largest buyer was New Wave Wealth Advisors, opening a new position worth an estimated $8.03M. The largest seller was Private Advisor Group, exiting entirely with an estimated $1.79M sold.
- 48 institutional investors held Overlay Shares Large Cap Equity ETF (OVL) as of Q2 2026, up from 36 in Q1 2026.
- Funds reported $200M of Overlay Shares Large Cap Equity ETF stock for Q2 2026, up 17% quarter-over-quarter.
- 19 funds opened new Overlay Shares Large Cap Equity ETF positions in Q2 2026 and 6 closed out, a net change of +13 holders.
- The largest Overlay Shares Large Cap Equity ETF buyer in Q2 2026 was New Wave Wealth Advisors, an estimated $8.03M added.
- The largest Overlay Shares Large Cap Equity ETF seller in Q2 2026 was Private Advisor Group, an estimated $1.79M sold.
Based on aggregated 13F filings for Q2 2026.