Inspire 500 ETF
PTL
29 hedge funds and large institutions have $111M invested in Inspire 500 ETF in 2024 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 3 reducing their positions, and 3 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 3
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
38% more funds holding
Funds holding: 21 → 29 (+8)
7% less capital invested
Capital invested by funds: $120M → $111M (-$8.69M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
25.51% less ownership
Funds ownership: 80.23% → 54.72% (-26%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOS
Silver Oak Securities
Jackson,
Tennessee
|
+$5.46M |
| 2 |
LPL Financial
San Diego,
California
|
+$4.37M |
| 3 |
IA
Inspire Advisors
Meridian,
Idaho
|
+$2.57M |
| 4 |
SEM
Strategic Equity Management
Tucson,
Arizona
|
+$1.67M |
| 5 |
MI
Moneywise Inc
Forest,
Virginia
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OFS
OneAscent Financial Services
Birmingham,
Alabama
|
-$36.3M |
| 2 |
PFG
PAX Financial Group
San Antonio,
Texas
|
-$278K |
| 3 |
VA
Valmark Advisers
Akron,
Ohio
|
-$176K |
| 4 |
GS
GTS Securities
New York
|
-$46.6K |
| 5 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$10.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $26.9K | +$12.9K | +63 | +100% |
|
|
MFS
27
Mattson Financial Services
Kentwood,
Michigan
| $10.9K | – | – | – |
|
|
TCG
28
Transcendent Capital Group
Edmond,
Oklahoma
| $7.47K | +$7.15K | +35 | New |
|
|
PS
29
Principal Securities
Des Moines,
Iowa
| $854 | +$817 | +4 | New |
|
|
OFS
30
OneAscent Financial Services
Birmingham,
Alabama
| – | -$36.3M | -182,143 | Closed |
|
|
GI
31
Gradient Investments
Arden Hills,
Minnesota
| – | -$10.9K | -55 | Closed |
|
32
Wells Fargo
San Francisco,
California
| – | -$5.76K | -29 | Closed |
|
PTL Hedge Fund Activity: Q3 2024 in Review
29 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Inspire 500 ETF (PTL) for Q3 2024, worth a combined $111M — down 7.3% from $120M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PTL positions and 3 closed out — a net gain of 8 holders — while 12 added to existing stakes and 3 trimmed.
The largest buyer was Silver Oak Securities, opening a new position worth an estimated $5.46M. The largest seller was OneAscent Financial Services, exiting entirely with an estimated $36.3M sold.
- 29 institutional investors held Inspire 500 ETF (PTL) as of Q3 2024, up from 21 in Q2 2024.
- Funds reported $111M of Inspire 500 ETF stock for Q3 2024, down 7.3% quarter-over-quarter.
- 11 funds opened new Inspire 500 ETF positions in Q3 2024 and 3 closed out, a net change of +8 holders.
- The largest Inspire 500 ETF buyer in Q3 2024 was Silver Oak Securities, an estimated $5.46M added.
- The largest Inspire 500 ETF seller in Q3 2024 was OneAscent Financial Services, an estimated $36.3M sold.
Based on aggregated 13F filings for Q3 2024.