Overlay Shares Municipal Bond ETF
8 hedge funds and large institutions have $2.42M invested in Overlay Shares Municipal Bond ETF in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 3 closing their positions.
3.82% less ownership
Funds ownership: 20.68% → 16.86% (-3.8%)
20% less funds holding
Funds holding: 10 → 8 (-2)
23% less capital invested
Capital invested by funds: $3.13M → $2.42M (-$710K)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$592K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFP Advisors
Tampa,
Florida
|
-$803K |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$255K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$110K |
| 4 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$18.6K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$17K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BW
1
Bison Wealth
Atlanta,
Georgia
| $801K | -$2.61K | -119 | -0.3% |
|
|
2
HighTower Advisors
Chicago,
Illinois
| $599K | +$592K | +26,967 | New |
|
|
IA
3
IFP Advisors
Tampa,
Florida
| $556K | -$803K | -36,561 | -62% |
|
|
FTUS
4
Flow Traders U.S.
New York
| $254K | – | – | – |
|
5
Osaic Holdings
Scottsdale,
Arizona
| $125K | – | – | – |
|
|
FAM
6
Family Asset Management
Charleston,
South Carolina
| $69.3K | – | – | – |
|
|
7
UBS Group
Zurich,
Switzerland
| $9.15K | -$110K | -4,989 | -92% |
|
|
ASN
8
Advisory Services Network
Atlanta,
Georgia
| $2.98K | – | – | – |
|
|
OMC
9
Old Mission Capital
Chicago,
Illinois
| – | -$255K | -11,827 | Closed |
|
|
BAM
10
Belpointe Asset Management
Reno,
Nevada
| – | -$18.6K | -864 | Closed |
|
|
11
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$17K | -790 | Closed |
|
OVM Hedge Fund Activity: Q1 2023 in Review
8 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Overlay Shares Municipal Bond ETF (OVM) for Q1 2023, worth a combined $2.42M — down 23% from $3.13M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of OVM and 1 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 0 added.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $592K. The largest seller was IFP Advisors, cutting an estimated $803K.
- 8 institutional investors held Overlay Shares Municipal Bond ETF (OVM) as of Q1 2023, down from 10 in Q4 2022.
- Funds reported $2.42M of Overlay Shares Municipal Bond ETF stock for Q1 2023, down 23% quarter-over-quarter.
- 1 fund opened new Overlay Shares Municipal Bond ETF positions in Q1 2023 and 3 closed out, a net change of -2 holders.
- The largest Overlay Shares Municipal Bond ETF buyer in Q1 2023 was HighTower Advisors, an estimated $592K added.
- The largest Overlay Shares Municipal Bond ETF seller in Q1 2023 was IFP Advisors, an estimated $803K sold.
Based on aggregated 13F filings for Q1 2023.