Northern Trust Ultra-Short Fixed Income ETF
RAVI
76 hedge funds and large institutions have $1.29B invested in Northern Trust Ultra-Short Fixed Income ETF in 2026 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 19 increasing their positions, 21 reducing their positions, and 10 closing their positions.
110% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 10
15% more funds holding
Funds holding: 66 → 76 (+10)
3% more capital invested
Capital invested by funds: $1.25B → $1.29B (+$32.8M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more ownership
Funds ownership: 90.79% → 90.79% (+0%)
10% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$18.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$8.69M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$4.02M |
| 4 |
Morgan Stanley
New York
|
+$3.76M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$3.5M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.08M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$1.13M |
| 4 |
FMI
F/M Investments
Washington,
District of Columbia
|
-$870K |
| 5 |
LWMI
Legacy Wealth Management (Idaho)
Boise,
Idaho
|
-$793K |
RAVI Hedge Fund Activity: Q1 2026 in Review
76 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Northern Trust Ultra-Short Fixed Income ETF (RAVI) for Q1 2026, worth a combined $1.29B — up 2.6% from $1.25B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new RAVI positions and 10 closed out — a net gain of 11 holders — while 19 added to existing stakes and 21 trimmed.
The largest buyer was Northern Trust, adding an estimated $18.7M. The largest seller was MML Investors Services, cutting an estimated $3.5M.
- 76 institutional investors held Northern Trust Ultra-Short Fixed Income ETF (RAVI) as of Q1 2026, up from 66 in Q4 2025.
- Funds reported $1.29B of Northern Trust Ultra-Short Fixed Income ETF stock for Q1 2026, up 2.6% quarter-over-quarter.
- 21 funds opened new Northern Trust Ultra-Short Fixed Income ETF positions in Q1 2026 and 10 closed out, a net change of +11 holders.
- The largest Northern Trust Ultra-Short Fixed Income ETF buyer in Q1 2026 was Northern Trust, an estimated $18.7M added.
- The largest Northern Trust Ultra-Short Fixed Income ETF seller in Q1 2026 was MML Investors Services, an estimated $3.5M sold.
Based on aggregated 13F filings for Q1 2026.