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RVER

Trenchless Fund ETF
RVER

4 hedge funds and large institutions have $787K invested in Trenchless Fund ETF in 2025 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, reducing their positions, and closing their positions.

New
Increased
Maintained
Reduced
Closed

142% more capital invested

Capital invested by funds: $326K → $787K (+$462K)

100% more funds holding

Funds holding: 2 → 4 (+2)

0.46% more ownership

Funds ownership: 0.37% → 0.84% (+0.46%)

Holders
4
Holders Change
+2
Holders Change %
+100%
% of All Funds
0.05%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
2
Increased
1
Reduced
–
Closed
–
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
FGA
Fortis Group Advisors
New Jersey
+$406K
2
Wolverine Trading
Wolverine Trading
Illinois
+$26.8K
3
SPIA
Steward Partners Investment Advisory
New York
+$385

Top Sellers

No sellers this quarter
Name Holding Trade Value Shares
Change 		Change in
Stake
FGA
1
Fortis Group Advisors
New Jersey
$418K +$406K +12,657 New
Wolverine Trading
2
Wolverine Trading
Illinois
$365K +$26.8K +837 +8%
HI
3
Harbour Investments
Wisconsin
$4.6K – – –
SPIA
4
Steward Partners Investment Advisory
New York
$392 +$385 +12 New

RVER Hedge Fund Activity: Q3 2025 in Review

4 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Trenchless Fund ETF (RVER) for Q3 2025, worth a combined $787K — up 142% from $326K a quarter earlier.

Buyers outnumbered sellers: 2 funds opened new RVER positions and 0 closed out — a net gain of 2 holders — while 1 added to existing stakes and 0 trimmed.

The largest buyer was Fortis Group Advisors, opening a new position worth an estimated $406K.

  • 4 institutional investors held Trenchless Fund ETF (RVER) as of Q3 2025, up from 2 in Q2 2025.
  • Funds reported $787K of Trenchless Fund ETF stock for Q3 2025, up 142% quarter-over-quarter.
  • 2 funds opened new Trenchless Fund ETF positions in Q3 2025 and 0 closed out, a net change of +2 holders.
  • The largest Trenchless Fund ETF buyer in Q3 2025 was Fortis Group Advisors, an estimated $406K added.

Based on aggregated 13F filings for Q3 2025.