Overlay Shares Municipal Bond ETF
9 hedge funds and large institutions have $20M invested in Overlay Shares Municipal Bond ETF in 2025 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 2 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
12.09% more ownership
Funds ownership: 63.49% → 75.58% (+12%)
2% more capital invested
Capital invested by funds: $19.6M → $20M (+$400K)
0% more funds holding
Funds holding: 9 → 9 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Armis Advisers
Atlanta,
Georgia
|
+$718K |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$469K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$5.78K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$250 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
GTS Securities
Miami,
Florida
|
-$389K |
| 2 |
FFA
Farther Finance Advisors
San Francisco,
California
|
-$33.7K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$32.2K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$18.3K |
OVM Hedge Fund Activity: Q2 2025 in Review
9 institutional investors reported a position in Overlay Shares Municipal Bond ETF (OVM) for Q2 2025, worth a combined $20M — up 2% from $19.6M a quarter earlier.
Fund positioning in OVM was balanced in Q2 2025: 2 funds opened new positions, 2 closed out, 3 added to existing stakes and 2 trimmed.
The largest buyer was Armis Advisers, adding an estimated $718K. The largest seller was GTS Securities, exiting entirely with an estimated $389K sold.
- 9 institutional investors held Overlay Shares Municipal Bond ETF (OVM) as of Q2 2025, unchanged from Q1 2025.
- Funds reported $20M of Overlay Shares Municipal Bond ETF stock for Q2 2025, up 2% quarter-over-quarter.
- 2 funds opened new Overlay Shares Municipal Bond ETF positions in Q2 2025 and 2 closed out, a net change of 0 holders.
- The largest Overlay Shares Municipal Bond ETF buyer in Q2 2025 was Armis Advisers, an estimated $718K added.
- The largest Overlay Shares Municipal Bond ETF seller in Q2 2025 was GTS Securities, an estimated $389K sold.
Based on aggregated 13F filings for Q2 2025.