Northern Trust Ultra-Short Fixed Income ETF
RAVI
66 hedge funds and large institutions have $1.25B invested in Northern Trust Ultra-Short Fixed Income ETF in 2025 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 18 increasing their positions, 21 reducing their positions, and 14 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less capital invested
Capital invested by funds: $1.29B → $1.25B (-$39.5M)
2.69% less ownership
Funds ownership: 93.48% → 90.79% (-2.7%)
3% less funds holding
Funds holding: 68 → 66 (-2)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
14% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.04M |
| 2 |
LWMI
Legacy Wealth Management (Idaho)
Boise,
Idaho
|
+$532K |
| 3 |
FFS
Founders Financial Securities
Towson,
Maryland
|
+$412K |
| 4 |
LPL Financial
San Diego,
California
|
+$406K |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
+$402K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$30.8M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.28M |
| 3 |
IA
Integrity Alliance
Urbandale,
Iowa
|
-$1.1M |
| 4 |
Jane Street
New York
|
-$917K |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$833K |
RAVI Hedge Fund Activity: Q4 2025 in Review
66 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Northern Trust Ultra-Short Fixed Income ETF (RAVI) for Q4 2025, worth a combined $1.25B — down 3.1% from $1.29B a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of RAVI and 12 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 18 added.
The largest buyer was Morgan Stanley, adding an estimated $1.04M. The largest seller was Northern Trust, cutting an estimated $30.8M.
- 66 institutional investors held Northern Trust Ultra-Short Fixed Income ETF (RAVI) as of Q4 2025, down from 68 in Q3 2025.
- Funds reported $1.25B of Northern Trust Ultra-Short Fixed Income ETF stock for Q4 2025, down 3.1% quarter-over-quarter.
- 12 funds opened new Northern Trust Ultra-Short Fixed Income ETF positions in Q4 2025 and 14 closed out, a net change of -2 holders.
- The largest Northern Trust Ultra-Short Fixed Income ETF buyer in Q4 2025 was Morgan Stanley, an estimated $1.04M added.
- The largest Northern Trust Ultra-Short Fixed Income ETF seller in Q4 2025 was Northern Trust, an estimated $30.8M sold.
Based on aggregated 13F filings for Q4 2025.