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Overlay Shares Hedged Large Cap Equity ETF

22 hedge funds and large institutions have $65M invested in Overlay Shares Hedged Large Cap Equity ETF in 2025 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

800% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 1

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

63% more capital invested

Capital invested by funds: $40M → $65M (+$25M)

47% more funds holding

Funds holding: 1522 (+7)

20% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 5

54.29% less ownership

Funds ownership: 141.02%86.73% (-54%)

Holders
22
Holders Change
+7
Holders Change %
+46.67%
% of All Funds
0.29%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
9
Increased
4
Reduced
5
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AA
1
Armis Advisers
Georgia
$39.3M +$2.82M +80,991 +8%
HF
2
Holcombe Financial
Georgia
$13.4M +$10.7M +308,458 +561%
Commonwealth Equity Services
3
Commonwealth Equity Services
Massachusetts
$3.82M +$3.61M +103,704 New
PFG
4
Pacific Financial Group
Washington
$1.78M +$1.68M +48,354 New
CPRC
5
Consolidated Portfolio Review Corp
New York
$1.33M +$694K +19,965 +124%
Comerica Bank
6
Comerica Bank
Texas
$1.2M
OMC
7
Old Mission Capital
Illinois
$894K +$843K +24,245 New
Susquehanna International Group
8
Susquehanna International Group
Pennsylvania
$485K +$108K +3,107 +31%
IA
9
IFP Advisors
Florida
$426K +$402K +11,550 New
PAS
10
PKS Advisory Services
New York
$418K -$3.3K -95 -0.8%
BCI
11
Brinker Capital Investments
Pennsylvania
$374K -$278K -7,993 -44%
Mercer Global Advisors
12
Mercer Global Advisors
Colorado
$364K -$38.8K -1,117 -10%
Raymond James Financial
13
Raymond James Financial
Florida
$327K
AWM
14
Apollon Wealth Management
South Carolina
$259K +$244K +7,025 New
Wolverine Trading
15
Wolverine Trading
Illinois
$216K +$205K +5,894 New
RFG
16
REAP Financial Group
Texas
$170K -$8.31K -239 -5%
CA
17
CoreCap Advisors
Michigan
$167K +$157K +4,517 New
UBS Group
18
UBS Group
Switzerland
$40.4K +$38.1K +1,097 New
EWM
19
Evolution Wealth Management
Florida
$27.2K +$25.6K +737 New
LC
20
Luminist Capital
Michigan
$15.8K
Morgan Stanley
21
Morgan Stanley
New York
$14.5K -$1.77K -51 -12%
Osaic Holdings
22
Osaic Holdings
Arizona
$11.6K
Jane Street
23
Jane Street
New York
-$531K -15,996 Closed

OVLH Hedge Fund Activity: Q2 2025 in Review

22 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Overlay Shares Hedged Large Cap Equity ETF (OVLH) for Q2 2025, worth a combined $65M — up 63% from $40M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new OVLH positions and 1 closed out — a net gain of 8 holders — while 4 added to existing stakes and 5 trimmed.

The largest buyer was Holcombe Financial, adding an estimated $10.7M. The largest seller was Jane Street, exiting entirely with an estimated $531K sold.

  • 22 institutional investors held Overlay Shares Hedged Large Cap Equity ETF (OVLH) as of Q2 2025, up from 15 in Q1 2025.
  • Funds reported $65M of Overlay Shares Hedged Large Cap Equity ETF stock for Q2 2025, up 63% quarter-over-quarter.
  • 9 funds opened new Overlay Shares Hedged Large Cap Equity ETF positions in Q2 2025 and 1 closed out, a net change of +8 holders.
  • The largest Overlay Shares Hedged Large Cap Equity ETF buyer in Q2 2025 was Holcombe Financial, an estimated $10.7M added.
  • The largest Overlay Shares Hedged Large Cap Equity ETF seller in Q2 2025 was Jane Street, an estimated $531K sold.

Based on aggregated 13F filings for Q2 2025.