Overlay Shares Large Cap Equity ETF
OVL
39 hedge funds and large institutions have $165M invested in Overlay Shares Large Cap Equity ETF in 2025 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 17 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
18% more funds holding
Funds holding: 33 → 39 (+6)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4.68% less ownership
Funds ownership: 96.83% → 92.15% (-4.7%)
41% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 17
96% less capital inflows, than outflows
Capital inflows: $2.82M | Capital outflows: $71.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Old Mission Capital
Chicago,
Illinois
|
+$494K |
| 2 |
AE Wealth Management
Topeka,
Kansas
|
+$404K |
| 3 |
Equitable Holdings
New York
|
+$336K |
| 4 |
Smartleaf Asset Management
Boston,
Massachusetts
|
+$269K |
| 5 |
Private Advisor Group
Morristown,
New Jersey
|
+$262K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Country Trust Bank
Bloomington,
Illinois
|
-$65.7M |
| 2 |
Legacy Private Trust
Neenah,
Wisconsin
|
-$2.58M |
| 3 |
Armis Advisers
Atlanta,
Georgia
|
-$953K |
| 4 |
Evolution Wealth Management
Fort Myers,
Florida
|
-$531K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$484K |
OVL Hedge Fund Activity: Q3 2025 in Review
39 of the 7,650 institutional investors tracked by Wall St. Rank reported a position in Overlay Shares Large Cap Equity ETF (OVL) for Q3 2025, worth a combined $165M — down 25% from $221M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new OVL positions and 2 closed out — a net gain of 6 holders — while 10 added to existing stakes and 17 trimmed.
The largest buyer was Old Mission Capital, opening a new position worth an estimated $494K. The largest seller was Country Trust Bank, exiting entirely with an estimated $65.7M sold.
- 39 institutional investors held Overlay Shares Large Cap Equity ETF (OVL) as of Q3 2025, up from 33 in Q2 2025.
- Funds reported $165M of Overlay Shares Large Cap Equity ETF stock for Q3 2025, down 25% quarter-over-quarter.
- 8 funds opened new Overlay Shares Large Cap Equity ETF positions in Q3 2025 and 2 closed out, a net change of +6 holders.
- The largest Overlay Shares Large Cap Equity ETF buyer in Q3 2025 was Old Mission Capital, an estimated $494K added.
- The largest Overlay Shares Large Cap Equity ETF seller in Q3 2025 was Country Trust Bank, an estimated $65.7M sold.
Based on aggregated 13F filings for Q3 2025.