North Square RCIM Tax-Advantaged Preferred and Income Securities ETF
QTPI
9 hedge funds and large institutions have $41.3M invested in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF in 2025 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 0 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
156% more capital invested
Capital invested by funds: $16.1M → $41.3M (+$25.2M)
29% more funds holding
Funds holding: 7 → 9 (+2)
15.47% less ownership
Funds ownership: 90.13% → 74.65% (-15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAS
SMI Advisory Services
Columbus,
Indiana
|
+$20.7M |
| 2 |
RCIM
Red Cedar Investment Management
Grand Rapids,
Michigan
|
+$3.57M |
| 3 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$1.28M |
| 4 |
Jane Street
New York
|
+$577K |
| 5 |
WMA
West Michigan Advisors
Holland,
Michigan
|
+$224K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.52M |
QTPI Hedge Fund Activity: Q4 2025 in Review
9 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (QTPI) for Q4 2025, worth a combined $41.3M — up 156% from $16.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new QTPI positions and 1 closed out — a net gain of 2 holders — while 4 added to existing stakes and 0 trimmed.
The largest buyer was SMI Advisory Services, opening a new position worth an estimated $20.7M. The largest seller was Commonwealth Equity Services, exiting entirely with an estimated $1.52M sold.
- 9 institutional investors held North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (QTPI) as of Q4 2025, up from 7 in Q3 2025.
- Funds reported $41.3M of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF stock for Q4 2025, up 156% quarter-over-quarter.
- 3 funds opened new North Square RCIM Tax-Advantaged Preferred and Income Securities ETF positions in Q4 2025 and 1 closed out, a net change of +2 holders.
- The largest North Square RCIM Tax-Advantaged Preferred and Income Securities ETF buyer in Q4 2025 was SMI Advisory Services, an estimated $20.7M added.
- The largest North Square RCIM Tax-Advantaged Preferred and Income Securities ETF seller in Q4 2025 was Commonwealth Equity Services, an estimated $1.52M sold.
Based on aggregated 13F filings for Q4 2025.