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RVER

Trenchless Fund ETF

2 hedge funds and large institutions have $404K invested in Trenchless Fund ETF in 2025 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.46% less ownership

Funds ownership: 0.84%0.38% (-0.46%)

49% less capital invested

Capital invested by funds: $787K → $404K (-$384K)

50% less funds holding

Funds holding: 42 (-2)

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 1

Holders
2
Holders Change
-2
Holders Change %
-50%
% of All Funds
0.02%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
2
Reduced
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FGA
1
Fortis Group Advisors
New Jersey
$399K +$3.48K +108 +0.9%
HI
2
Harbour Investments
Wisconsin
$4.42K +$65 +2 +1%
SPIA
3
Steward Partners Investment Advisory
New York
-$392 -12 Closed

RVER Hedge Fund Activity: Q4 2025 in Review

2 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Trenchless Fund ETF (RVER) for Q4 2025, worth a combined $404K — down 49% from $787K a quarter earlier.

Sellers outnumbered buyers: 1 fund closed out of RVER and 0 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 2 added.

The largest buyer was Fortis Group Advisors, adding an estimated $3.48K. The largest seller was Steward Partners Investment Advisory, exiting entirely with an estimated $392 sold.

  • 2 institutional investors held Trenchless Fund ETF (RVER) as of Q4 2025, down from 4 in Q3 2025.
  • Funds reported $404K of Trenchless Fund ETF stock for Q4 2025, down 49% quarter-over-quarter.
  • 0 funds opened new Trenchless Fund ETF positions in Q4 2025 and 1 closed out, a net change of -1 holder.
  • The largest Trenchless Fund ETF buyer in Q4 2025 was Fortis Group Advisors, an estimated $3.48K added.
  • The largest Trenchless Fund ETF seller in Q4 2025 was Steward Partners Investment Advisory, an estimated $392 sold.

Based on aggregated 13F filings for Q4 2025.