Overlay Shares Municipal Bond ETF
9 hedge funds and large institutions have $3.19M invested in Overlay Shares Municipal Bond ETF in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
32% more capital invested
Capital invested by funds: $2.42M → $3.19M (+$771K)
29% more funds holding
Funds holding: 7 → 9 (+2)
5.6% more ownership
Funds ownership: 16.84% → 22.44% (+5.6%)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LWM
LJI Wealth Management
Indianapolis,
Indiana
|
+$520K |
| 2 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$449K |
| 3 |
GS
GTS Securities
New York
|
+$434K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$227K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$50.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$327K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$253K |
| 3 |
FAM
Family Asset Management
Charleston,
South Carolina
|
-$68.9K |
| 4 |
BW
Bison Wealth
Atlanta,
Georgia
|
-$65.4K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$63.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BW
1
Bison Wealth
Atlanta,
Georgia
| $1.02M | -$65.4K | -3,013 | -6% |
|
|
LWM
2
LJI Wealth Management
Indianapolis,
Indiana
| $501K | +$520K | +23,957 | New |
|
|
IA
3
IFP Advisors
Tampa,
Florida
| $453K | -$5.79K | -267 | -1% |
|
|
4
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
| $433K | +$449K | +20,702 | New |
|
|
GS
5
GTS Securities
New York
| $419K | +$434K | +20,023 | New |
|
|
6
HighTower Advisors
Chicago,
Illinois
| $220K | +$227K | +10,469 | New |
|
|
7
Osaic Holdings
Scottsdale,
Arizona
| $72.3K | -$63.7K | -2,938 | -46% |
|
|
8
UBS Group
Zurich,
Switzerland
| $52.4K | +$50.6K | +2,331 | +1,340% |
|
9
Comerica Bank
Dallas,
Texas
| $24.4K | +$25.3K | +1,167 | New |
|
|
OMC
10
Old Mission Capital
Chicago,
Illinois
| – | -$327K | -14,765 | Closed |
|
|
FTUS
11
Flow Traders U.S.
New York
| – | -$253K | -11,419 | Closed |
|
|
FAM
12
Family Asset Management
Charleston,
South Carolina
| – | -$68.9K | -3,114 | Closed |
|
OVM Hedge Fund Activity: Q3 2023 in Review
9 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Overlay Shares Municipal Bond ETF (OVM) for Q3 2023, worth a combined $3.19M — up 32% from $2.42M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new OVM positions and 3 closed out — a net gain of 2 holders — while 1 added to existing stakes and 3 trimmed.
The largest buyer was LJI Wealth Management, opening a new position worth an estimated $520K. The largest seller was Old Mission Capital, exiting entirely with an estimated $327K sold.
- 9 institutional investors held Overlay Shares Municipal Bond ETF (OVM) as of Q3 2023, up from 7 in Q2 2023.
- Funds reported $3.19M of Overlay Shares Municipal Bond ETF stock for Q3 2023, up 32% quarter-over-quarter.
- 5 funds opened new Overlay Shares Municipal Bond ETF positions in Q3 2023 and 3 closed out, a net change of +2 holders.
- The largest Overlay Shares Municipal Bond ETF buyer in Q3 2023 was LJI Wealth Management, an estimated $520K added.
- The largest Overlay Shares Municipal Bond ETF seller in Q3 2023 was Old Mission Capital, an estimated $327K sold.
Based on aggregated 13F filings for Q3 2023.