Overlay Shares Municipal Bond ETF
10 hedge funds and large institutions have $2.4M invested in Overlay Shares Municipal Bond ETF in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 0 increasing their positions, 5 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
11% more funds holding
Funds holding: 9 → 10 (+1)
4.31% less ownership
Funds ownership: 22.44% → 18.13% (-4.3%)
25% less capital invested
Capital invested by funds: $3.19M → $2.4M (-$790K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$494K |
| 2 |
SCA
Snowden Capital Advisors
New York
|
+$232K |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$2.84K |
| 4 |
Morgan Stanley
New York
|
+$42 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LWM
LJI Wealth Management
Indianapolis,
Indiana
|
-$501K |
| 2 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$433K |
| 3 |
GS
GTS Securities
New York
|
-$419K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$141K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$46.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BW
1
Bison Wealth
Atlanta,
Georgia
| $1.04M | -$32.3K | -1,522 | -3% |
|
|
2
Citadel Advisors
Miami,
Florida
| $515K | +$494K | +23,301 | New |
|
|
IA
3
IFP Advisors
Tampa,
Florida
| $332K | -$141K | -6,647 | -31% |
|
|
SCA
4
Snowden Capital Advisors
New York
| $242K | +$232K | +10,938 | New |
|
5
HighTower Advisors
Chicago,
Illinois
| $210K | -$20.3K | -958 | -9% |
|
|
6
Osaic Holdings
Scottsdale,
Arizona
| $27.6K | -$46.8K | -2,207 | -64% |
|
7
Comerica Bank
Dallas,
Texas
| $25.8K | – | – | – |
|
8
UBS Group
Zurich,
Switzerland
| $6.78K | -$46.6K | -2,198 | -88% |
|
|
ASN
9
Advisory Services Network
Atlanta,
Georgia
| $2.96K | +$2.84K | +134 | New |
|
|
10
Morgan Stanley
New York
| $86 | +$42 | +2 | New |
|
|
LWM
11
LJI Wealth Management
Indianapolis,
Indiana
| – | -$501K | -23,957 | Closed |
|
|
12
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
| – | -$433K | -20,702 | Closed |
|
|
GS
13
GTS Securities
New York
| – | -$419K | -20,023 | Closed |
|
OVM Hedge Fund Activity: Q4 2023 in Review
10 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Overlay Shares Municipal Bond ETF (OVM) for Q4 2023, worth a combined $2.4M — down 25% from $3.19M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new OVM positions and 3 closed out — a net gain of 1 holder — while 0 added to existing stakes and 5 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $494K. The largest seller was LJI Wealth Management, exiting entirely with an estimated $501K sold.
- 10 institutional investors held Overlay Shares Municipal Bond ETF (OVM) as of Q4 2023, up from 9 in Q3 2023.
- Funds reported $2.4M of Overlay Shares Municipal Bond ETF stock for Q4 2023, down 25% quarter-over-quarter.
- 4 funds opened new Overlay Shares Municipal Bond ETF positions in Q4 2023 and 3 closed out, a net change of +1 holder.
- The largest Overlay Shares Municipal Bond ETF buyer in Q4 2023 was Citadel Advisors, an estimated $494K added.
- The largest Overlay Shares Municipal Bond ETF seller in Q4 2023 was LJI Wealth Management, an estimated $501K sold.
Based on aggregated 13F filings for Q4 2023.