Overlay Shares Hedged Large Cap Equity ETF
OVLH
25 hedge funds and large institutions have $83.8M invested in Overlay Shares Hedged Large Cap Equity ETF in 2025 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
13% more capital invested
Capital invested by funds: $74.2M → $83.8M (+$9.66M)
4% more funds holding
Funds holding: 24 → 25 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
8.68% less ownership
Funds ownership: 91.77% → 83.1% (-8.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIM
Delta Investment Management
San Francisco,
California
|
+$12M |
| 2 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
+$1.84M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.63M |
| 4 |
PFG
Pacific Financial Group
Bellevue,
Washington
|
+$1.06M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$813K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Armis Advisers
Atlanta,
Georgia
|
-$2.4M |
| 2 |
HF
Holcombe Financial
Atlanta,
Georgia
|
-$1.56M |
| 3 |
CPRC
Consolidated Portfolio Review Corp
Woodbury,
New York
|
-$1.41M |
| 4 |
Comerica Bank
Dallas,
Texas
|
-$640K |
| 5 |
GS
GTS Securities
New York
|
-$492K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CPRC
26
Consolidated Portfolio Review Corp
Woodbury,
New York
| – | -$1.41M | -36,214 | Closed |
|
|
GS
27
GTS Securities
New York
| – | -$492K | -12,606 | Closed |
|
28
Envestnet Asset Management
Chicago,
Illinois
| – | -$220K | -5,653 | Closed |
|
|
MCM
29
MAI Capital Management
Independence,
Ohio
| – | -$1.37K | -35 | Closed |
|
OVLH Hedge Fund Activity: Q4 2025 in Review
25 of the 8,232 institutional investors tracked by Wall St. Rank reported a position in Overlay Shares Hedged Large Cap Equity ETF (OVLH) for Q4 2025, worth a combined $83.8M — up 13% from $74.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new OVLH positions and 4 closed out — a net gain of 1 holder — while 8 added to existing stakes and 8 trimmed.
The largest buyer was Delta Investment Management, opening a new position worth an estimated $12M. The largest seller was Armis Advisers, cutting an estimated $2.4M.
- 25 institutional investors held Overlay Shares Hedged Large Cap Equity ETF (OVLH) as of Q4 2025, up from 24 in Q3 2025.
- Funds reported $83.8M of Overlay Shares Hedged Large Cap Equity ETF stock for Q4 2025, up 13% quarter-over-quarter.
- 5 funds opened new Overlay Shares Hedged Large Cap Equity ETF positions in Q4 2025 and 4 closed out, a net change of +1 holder.
- The largest Overlay Shares Hedged Large Cap Equity ETF buyer in Q4 2025 was Delta Investment Management, an estimated $12M added.
- The largest Overlay Shares Hedged Large Cap Equity ETF seller in Q4 2025 was Armis Advisers, an estimated $2.4M sold.
Based on aggregated 13F filings for Q4 2025.