Overlay Shares Municipal Bond ETF
6 hedge funds and large institutions have $3.83M invested in Overlay Shares Municipal Bond ETF in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 0 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
50% more funds holding
Funds holding: 4 → 6 (+2)
62.18% less ownership
Funds ownership: 87.66% → 25.48% (-62%)
86% less capital invested
Capital invested by funds: $27.1M → $3.83M (-$23.3M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$395K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$299K |
| 3 |
HFA
Hoover Financial Advisors
Malvern,
Pennsylvania
|
+$135K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$70.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
-$24.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWMS
1
Advocacy Wealth Management Services
Atlanta,
Georgia
| $2.06M | -$24.3M | -938,905 | -92% |
|
|
OMC
2
Old Mission Capital
Chicago,
Illinois
| $645K | +$70.4K | +2,720 | +12% |
|
|
FTUS
3
Flow Traders U.S.
New York
| $396K | +$395K | +15,264 | New |
|
|
4
HighTower Advisors
Chicago,
Illinois
| $299K | +$299K | +11,552 | New |
|
|
HFA
5
Hoover Financial Advisors
Malvern,
Pennsylvania
| $272K | +$135K | +5,197 | +99% |
|
6
Osaic Holdings
Scottsdale,
Arizona
| $158K | – | – | – |
|
OVM Hedge Fund Activity: Q1 2021 in Review
6 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Overlay Shares Municipal Bond ETF (OVM) for Q1 2021, worth a combined $3.83M — down 86% from $27.1M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new OVM positions and 0 closed out — a net gain of 2 holders — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $395K. The largest seller was Advocacy Wealth Management Services, cutting an estimated $24.3M.
- 6 institutional investors held Overlay Shares Municipal Bond ETF (OVM) as of Q1 2021, up from 4 in Q4 2020.
- Funds reported $3.83M of Overlay Shares Municipal Bond ETF stock for Q1 2021, down 86% quarter-over-quarter.
- 2 funds opened new Overlay Shares Municipal Bond ETF positions in Q1 2021 and 0 closed out, a net change of +2 holders.
- The largest Overlay Shares Municipal Bond ETF buyer in Q1 2021 was Flow Traders U.S., an estimated $395K added.
- The largest Overlay Shares Municipal Bond ETF seller in Q1 2021 was Advocacy Wealth Management Services, an estimated $24.3M sold.
Based on aggregated 13F filings for Q1 2021.