Overlay Shares Large Cap Equity ETF
OVL
26 hedge funds and large institutions have $113M invested in Overlay Shares Large Cap Equity ETF in 2023 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 14 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
13% more funds holding
Funds holding: 23 → 26 (+3)
4.92% less ownership
Funds ownership: 88.39% → 83.47% (-4.9%)
15% less capital invested
Capital invested by funds: $132M → $113M (-$19.6M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$5.36M |
| 2 |
GS
GTS Securities
Miami,
Florida
|
+$1.05M |
| 3 |
Jane Street
New York
|
+$506K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$437K |
| 5 |
JP Morgan Chase
New York
|
+$427K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CTB
Country Trust Bank
Bloomington,
Illinois
|
-$35.9M |
| 2 |
BW
Bison Wealth
Atlanta,
Georgia
|
-$1.23M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$591K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$447K |
| 5 |
MCI
MRP Capital Investments
Alpharetta,
Georgia
|
-$238K |
OVL Hedge Fund Activity: Q4 2023 in Review
26 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Overlay Shares Large Cap Equity ETF (OVL) for Q4 2023, worth a combined $113M — down 15% from $132M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new OVL positions and 1 closed out — a net gain of 4 holders — while 7 added to existing stakes and 14 trimmed.
The largest buyer was Advocacy Wealth Management Services, opening a new position worth an estimated $5.36M. The largest seller was Country Trust Bank, cutting an estimated $35.9M.
- 26 institutional investors held Overlay Shares Large Cap Equity ETF (OVL) as of Q4 2023, up from 23 in Q3 2023.
- Funds reported $113M of Overlay Shares Large Cap Equity ETF stock for Q4 2023, down 15% quarter-over-quarter.
- 5 funds opened new Overlay Shares Large Cap Equity ETF positions in Q4 2023 and 1 closed out, a net change of +4 holders.
- The largest Overlay Shares Large Cap Equity ETF buyer in Q4 2023 was Advocacy Wealth Management Services, an estimated $5.36M added.
- The largest Overlay Shares Large Cap Equity ETF seller in Q4 2023 was Country Trust Bank, an estimated $35.9M sold.
Based on aggregated 13F filings for Q4 2023.