Overlay Shares Large Cap Equity ETF
OVL
23 hedge funds and large institutions have $121M invested in Overlay Shares Large Cap Equity ETF in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 3 closing their positions.
0% more funds holding
Funds holding: 23 → 23 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
5.37% less ownership
Funds ownership: 92.79% → 87.42% (-5.4%)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
37% less capital invested
Capital invested by funds: $192M → $121M (-$71M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$1.04M |
| 2 |
BW
Bison Wealth
Atlanta,
Georgia
|
+$1.01M |
| 3 |
JWWM
Johnson & White Wealth Management
York,
Pennsylvania
|
+$521K |
| 4 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
+$78.2K |
| 5 |
MCI
MRP Capital Investments
Alpharetta,
Georgia
|
+$18.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
-$78.6M |
| 2 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$3.63M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$235K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$186K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$76.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fidelity Investments
Boston,
Massachusetts
| – | -$30 | -1 | Closed |
|
OVL Hedge Fund Activity: Q1 2023 in Review
23 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Overlay Shares Large Cap Equity ETF (OVL) for Q1 2023, worth a combined $121M — down 37% from $192M a quarter earlier.
Fund positioning in OVL was balanced in Q1 2023: 3 funds opened new positions, 3 closed out, 8 added to existing stakes and 9 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $1.04M. The largest seller was Advocacy Wealth Management Services, exiting entirely with an estimated $78.6M sold.
- 23 institutional investors held Overlay Shares Large Cap Equity ETF (OVL) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $121M of Overlay Shares Large Cap Equity ETF stock for Q1 2023, down 37% quarter-over-quarter.
- 3 funds opened new Overlay Shares Large Cap Equity ETF positions in Q1 2023 and 3 closed out, a net change of 0 holders.
- The largest Overlay Shares Large Cap Equity ETF buyer in Q1 2023 was JP Morgan Chase, an estimated $1.04M added.
- The largest Overlay Shares Large Cap Equity ETF seller in Q1 2023 was Advocacy Wealth Management Services, an estimated $78.6M sold.
Based on aggregated 13F filings for Q1 2023.