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Global X Russell 2000 Covered Call ETF

129 hedge funds and large institutions have $311M invested in Global X Russell 2000 Covered Call ETF in 2023 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 55 increasing their positions, 35 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,686% more call options, than puts

Call options by funds: $1.02M | Put options by funds: $57K

57% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 35

50% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 16

33% more capital invested

Capital invested by funds: $234M → $311M (+$76.8M)

6% more funds holding

Funds holding: 122129 (+7)

3.49% more ownership

Funds ownership: 16.76%20.26% (+3.5%)

Holders
129
Holders Change
+7
Holders Change %
+5.74%
% of All Funds
2.03%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
24
Increased
55
Reduced
35
Closed
16
Calls
$1.02M
Puts
$57K
Net Calls
+$961K
Net Calls Change
-$315K
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$68.9M +$43M +2,387,446 +168%
Morgan Stanley
2
Morgan Stanley
New York
$39M +$9.96M +552,371 +35%
Bank of America
3
Bank of America
North Carolina
$34.4M +$6.9M +382,698 +25%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$20.5M -$176K -9,752 -0.9%
Osaic Holdings
5
Osaic Holdings
Arizona
$10.8M -$205K -11,355 -2%
Baird Financial Group
6
Baird Financial Group
Wisconsin
$8.91M -$1.2M -66,631 -12%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$8.84M +$619K +34,373 +8%
CF
8
Centaurus Financial
California
$7.25M +$530K +29,425 +8%
BCM
9
Brookstone Capital Management
Illinois
$6.77M +$1.57M +87,355 +30%
Wells Fargo
10
Wells Fargo
California
$6.17M -$892K -49,502 -13%
Janney Montgomery Scott
11
Janney Montgomery Scott
Pennsylvania
$6.03M +$2.11M +117,057 +54%
Ameriprise
12
Ameriprise
Minnesota
$5.36M +$5.34M +296,359 New
APWA
13
Atlas Private Wealth Advisors
New Jersey
$5.05M +$3.05M +169,063 +153%
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$4.49M -$111K -6,166 -2%
UBS Group
15
UBS Group
Switzerland
$4.47M -$3.12M -172,958 -41%
PIWA
16
Prevail Innovative Wealth Advisors
Kansas
$4.31M +$4.29M +238,104 New
AWS
17
Atria Wealth Solutions
New York
$3.21M +$205K +11,396 +7%
RJA
18
Raymond James & Associates
Florida
$3.18M +$117K +6,509 +4%
CAN
19
Cetera Advisor Networks
California
$3.04M -$532K -29,511 -15%
IA
20
IFP Advisors
Florida
$2.93M +$442K +24,518 +18%
Envestnet Asset Management
21
Envestnet Asset Management
Illinois
$2.75M -$429K -23,818 -14%
IFG
22
Independent Financial Group
California
$2.68M +$569K +31,588 +27%
IFWM
23
Institute for Wealth Management
Colorado
$2.67M +$352K +19,509 +15%
SFS
24
Sowell Financial Services
Arkansas
$2.58M +$2.58M +142,882 New
AI
25
Atria Investments
North Carolina
$2.06M +$2.05M +113,736 New

RYLD Hedge Fund Activity: Q2 2023 in Review

129 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Global X Russell 2000 Covered Call ETF (RYLD) for Q2 2023, worth a combined $311M — up 33% from $234M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new RYLD positions and 16 closed out — a net gain of 8 holders — while 55 added to existing stakes and 35 trimmed.

The largest buyer was LPL Financial, adding an estimated $43M. The largest seller was UBS Group, cutting an estimated $3.12M.

  • 129 institutional investors held Global X Russell 2000 Covered Call ETF (RYLD) as of Q2 2023, up from 122 in Q1 2023.
  • Funds reported $311M of Global X Russell 2000 Covered Call ETF stock for Q2 2023, up 33% quarter-over-quarter.
  • 24 funds opened new Global X Russell 2000 Covered Call ETF positions in Q2 2023 and 16 closed out, a net change of +8 holders.
  • The largest Global X Russell 2000 Covered Call ETF buyer in Q2 2023 was LPL Financial, an estimated $43M added.
  • The largest Global X Russell 2000 Covered Call ETF seller in Q2 2023 was UBS Group, an estimated $3.12M sold.

Based on aggregated 13F filings for Q2 2023.