Overlay Shares Large Cap Equity ETF
OVL
11 hedge funds and large institutions have $107M invested in Overlay Shares Large Cap Equity ETF in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 1 reducing their positions, and 4 closing their positions.
700% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 1
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
57% more capital invested
Capital invested by funds: $67.8M → $107M (+$38.7M)
2.45% less ownership
Funds ownership: 97.18% → 94.73% (-2.4%)
15% less funds holding
Funds holding: 13 → 11 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$15.9M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$5.88M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$5.81M |
| 4 |
SAM
Stringer Asset Management
Memphis,
Tennessee
|
+$2.08M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$475K |
| 2 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$470K |
| 3 |
RICHC
Renaissance Investment Consultants Holding Company
Wayne,
Pennsylvania
|
-$226K |
| 4 |
Jane Street
New York
|
-$204K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$7.59K |
OVL Hedge Fund Activity: Q3 2020 in Review
11 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Overlay Shares Large Cap Equity ETF (OVL) for Q3 2020, worth a combined $107M — up 57% from $67.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of OVL and 2 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 8 added.
The largest buyer was Advocacy Wealth Management Services, adding an estimated $15.9M. The largest seller was Fulcrum Equity Management, exiting entirely with an estimated $475K sold.
- 11 institutional investors held Overlay Shares Large Cap Equity ETF (OVL) as of Q3 2020, down from 13 in Q2 2020.
- Funds reported $107M of Overlay Shares Large Cap Equity ETF stock for Q3 2020, up 57% quarter-over-quarter.
- 2 funds opened new Overlay Shares Large Cap Equity ETF positions in Q3 2020 and 4 closed out, a net change of -2 holders.
- The largest Overlay Shares Large Cap Equity ETF buyer in Q3 2020 was Advocacy Wealth Management Services, an estimated $15.9M added.
- The largest Overlay Shares Large Cap Equity ETF seller in Q3 2020 was Fulcrum Equity Management, an estimated $475K sold.
Based on aggregated 13F filings for Q3 2020.