Overlay Shares Municipal Bond ETF
9 hedge funds and large institutions have $19.6M invested in Overlay Shares Municipal Bond ETF in 2025 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
10% more capital invested
Capital invested by funds: $17.8M → $19.6M (+$1.78M)
0% more funds holding
Funds holding: 9 → 9 (0)
1.52% less ownership
Funds ownership: 65.01% → 63.49% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Armis Advisers
Atlanta,
Georgia
|
+$3.51M |
| 2 |
GS
GTS Securities
Miami,
Florida
|
+$398K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$211K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$49.8K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$49.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$89K |
| 2 |
SJGA
Stephen J. Garry & Associates
Garden City,
New York
|
-$28.3K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$10.8K |
OVM Hedge Fund Activity: Q1 2025 in Review
9 institutional investors reported a position in Overlay Shares Municipal Bond ETF (OVM) for Q1 2025, worth a combined $19.6M — up 10% from $17.8M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new OVM positions and 1 closed out — a net gain of 1 holder — while 4 added to existing stakes and 2 trimmed.
The largest buyer was Armis Advisers, adding an estimated $3.51M. The largest seller was Royal Bank of Canada, exiting entirely with an estimated $89K sold.
- 9 institutional investors held Overlay Shares Municipal Bond ETF (OVM) as of Q1 2025, unchanged from Q4 2024.
- Funds reported $19.6M of Overlay Shares Municipal Bond ETF stock for Q1 2025, up 10% quarter-over-quarter.
- 2 funds opened new Overlay Shares Municipal Bond ETF positions in Q1 2025 and 1 closed out, a net change of +1 holder.
- The largest Overlay Shares Municipal Bond ETF buyer in Q1 2025 was Armis Advisers, an estimated $3.51M added.
- The largest Overlay Shares Municipal Bond ETF seller in Q1 2025 was Royal Bank of Canada, an estimated $89K sold.
Based on aggregated 13F filings for Q1 2025.