Overlay Shares Municipal Bond ETF
12 hedge funds and large institutions have $24.5M invested in Overlay Shares Municipal Bond ETF in 2026 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 1 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
14% more capital invested
Capital invested by funds: $21.6M → $24.5M (+$2.92M)
8.28% more ownership
Funds ownership: 62.29% → 70.57% (+8.3%)
0% more funds holding
Funds holding: 12 → 12 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Armis Advisers
Atlanta,
Georgia
|
+$2.57M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$250K |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$47.7K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$37.4K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.82K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCMLT
Beacon Capital Management LLC (Tennessee)
Franklin,
Tennessee
|
-$203K |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$20.3K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$10.6K |
| 4 |
Morgan Stanley
New York
|
-$22 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
1
Armis Advisers
Atlanta,
Georgia
| $21.9M | +$2.57M | +118,368 | +13% |
|
|
IA
2
IFP Advisors
Tampa,
Florida
| $1.1M | +$1.02K | +47 | +0.1% |
|
|
BCMLT
3
Beacon Capital Management LLC (Tennessee)
Franklin,
Tennessee
| $403K | -$203K | -9,341 | -33% |
|
|
4
MML Investors Services
Springfield,
Massachusetts
| $286K | +$47.7K | +2,201 | +20% |
|
|
OMC
5
Old Mission Capital
Chicago,
Illinois
| $250K | +$37.4K | +1,724 | +17% |
|
|
6
Raymond James Financial
St Petersburg,
Florida
| $247K | +$250K | +11,519 | New |
|
7
Cetera Investment Advisers
Schaumburg,
Illinois
| $208K | – | – | – |
|
|
8
Osaic Holdings
Scottsdale,
Arizona
| $40.1K | -$10.6K | -490 | -21% |
|
|
SIS
9
Sound Income Strategies
Ft Lauderdale,
Florida
| $10.8K | – | – | – |
|
|
EWM
10
Evolution Wealth Management
Fort Myers,
Florida
| $10.5K | – | – | – |
|
|
11
UBS Group
Zurich,
Switzerland
| $5.53K | +$1.82K | +84 | +48% |
|
|
12
Morgan Stanley
New York
| $41 | -$22 | -1 | -50% |
|
|
KAS
13
Kestra Advisory Services
Austin,
Texas
| – | -$20.3K | -944 | Closed |
|
OVM Hedge Fund Activity: Q1 2026 in Review
12 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Overlay Shares Municipal Bond ETF (OVM) for Q1 2026, worth a combined $24.5M — up 14% from $21.6M a quarter earlier.
Fund positioning in OVM was balanced in Q1 2026: 1 fund opened new positions, 1 closed out, 5 added to existing stakes and 3 trimmed.
The largest buyer was Armis Advisers, adding an estimated $2.57M. The largest seller was Beacon Capital Management LLC (Tennessee), cutting an estimated $203K.
- 12 institutional investors held Overlay Shares Municipal Bond ETF (OVM) as of Q1 2026, unchanged from Q4 2025.
- Funds reported $24.5M of Overlay Shares Municipal Bond ETF stock for Q1 2026, up 14% quarter-over-quarter.
- 1 fund opened new Overlay Shares Municipal Bond ETF positions in Q1 2026 and 1 closed out, a net change of 0 holders.
- The largest Overlay Shares Municipal Bond ETF buyer in Q1 2026 was Armis Advisers, an estimated $2.57M added.
- The largest Overlay Shares Municipal Bond ETF seller in Q1 2026 was Beacon Capital Management LLC (Tennessee), an estimated $203K sold.
Based on aggregated 13F filings for Q1 2026.