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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.

New
Increased
Maintained
Reduced
Closed

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)

Holders
23
Holders Change
–
Holders Change %
0%
% of All Funds
0.37%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
3
Increased
8
Reduced
9
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
JP Morgan Chase
JP Morgan Chase
New York
+$1.04M
2
BW
Bison Wealth
Georgia
+$1.01M
3
JWWM
Johnson & White Wealth Management
Pennsylvania
+$521K
4
LPT
Legacy Private Trust
Wisconsin
+$78.2K
5
MCI
MRP Capital Investments
Georgia
+$18.5K

Top Sellers

1
AWMS
Advocacy Wealth Management Services
Georgia
-$78.6M
2
HI
Horizon Investments
North Carolina
-$3.63M
3
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$235K
4
Wells Fargo
Wells Fargo
California
-$186K
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$76.9K
Name Holding Trade Value Shares
Change 		Change in
Stake
CTB
1
Country Trust Bank
Illinois
$78.4M – – –
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$12.1M -$235K -7,358 -2%
RJA
3
Raymond James & Associates
Florida
$10.4M +$7.36K +230 +0.1%
BW
4
Bison Wealth
Georgia
$5.45M +$1.01M +31,701 +24%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$3.82M -$76.9K -2,403 -2%
LPT
6
Legacy Private Trust
Wisconsin
$2.75M +$78.2K +2,446 +3%
Janney Montgomery Scott
7
Janney Montgomery Scott
Pennsylvania
$1.97M -$13.7K -429 -0.7%
JP Morgan Chase
8
JP Morgan Chase
New York
$1.66M +$1.04M +32,573 +183%
PAG
9
Private Advisor Group
New Jersey
$1.15M +$10.7K +334 +1%
JWWM
10
Johnson & White Wealth Management
Pennsylvania
$537K +$521K +16,297 New
CT
11
Columbia Trust
Oregon
$469K – – –
WC
12
Waterloo Capital
Texas
$420K +$408K +12,758 New
OMC
13
Old Mission Capital
Illinois
$384K -$45.7K -1,429 -11%
Osaic Holdings
14
Osaic Holdings
Arizona
$350K -$6.46K -202 -2%
VAS
15
Vestmark Advisory Solutions
Massachusetts
$270K -$6.91K -216 -3%
MCI
16
MRP Capital Investments
Georgia
$252K +$18.5K +577 +8%
Wells Fargo
17
Wells Fargo
California
$195K -$186K -5,824 -50%
SSB
18
Sandy Spring Bank
Maryland
$187K +$800 +25 +0.4%
UBS Group
19
UBS Group
Switzerland
$106K -$26.4K -826 -20%
Morgan Stanley
20
Morgan Stanley
New York
$76K – – –
CFGS
21
Concourse Financial Group Securities
Alabama
$25.2K -$12.3K -383 -33%
IA
22
IFP Advisors
Florida
$19.8K +$1.79K +56 +8%
CIA
23
Cape Investment Advisory
Georgia
$1.48K +$1.44K +45 New
AWMS
24
Advocacy Wealth Management Services
Georgia
– -$78.6M -2,578,341 Closed
HI
25
Horizon Investments
North Carolina
– -$3.63M -119,154 Closed
1
2

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.