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Overlay Shares Municipal Bond ETF
OVM

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.

New
Increased
Maintained
Reduced
Closed

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

Holders
8
Holders Change
-2
Holders Change %
-20%
% of All Funds
0.13%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
1
Increased
–
Reduced
3
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
HighTower Advisors
HighTower Advisors
Illinois
+$592K

Top Sellers

Rank Fund Capital Flow
1
IA
IFP Advisors
Florida
-$803K
2
OMC
Old Mission Capital
Illinois
-$255K
3
UBS Group
UBS Group
Switzerland
-$110K
4
BAM
Belpointe Asset Management
Nevada
-$18.6K
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$17K

OVM Hedge Fund Activity: Q1 2023 in Review

8 of the 6,283 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.