Simplify US Equity PLUS GBTC ETF
SPBC
12 hedge funds and large institutions have $14M invested in Simplify US Equity PLUS GBTC ETF in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
277% more capital invested
Capital invested by funds: $3.72M → $14M (+$10.3M)
71% more funds holding
Funds holding: 7 → 12 (+5)
18.55% more ownership
Funds ownership: 56.88% → 75.44% (+19%)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWM
SFG Wealth Management
Towson,
Maryland
|
+$4.15M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$3.19M |
| 3 |
TCWM
Total Clarity Wealth Management
St. Charles,
Illinois
|
+$1.55M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.09M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$48.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Worth Asset Management
Dallas,
Texas
|
-$915K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$338K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$93 |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$57 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWM
1
SFG Wealth Management
Towson,
Maryland
| $6.02M | +$4.15M | +133,968 | +304% |
|
|
PAG
2
Private Advisor Group
Morristown,
New Jersey
| $3.48M | +$3.19M | +102,774 | New |
|
|
TCWM
3
Total Clarity Wealth Management
St. Charles,
Illinois
| $1.7M | +$1.55M | +50,121 | New |
|
|
4
LPL Financial
San Diego,
California
| $1.19M | +$1.09M | +35,293 | New |
|
|
WAM
5
Worth Asset Management
Dallas,
Texas
| $692K | -$915K | -29,499 | -59% |
|
|
6
Osaic Holdings
Scottsdale,
Arizona
| $486K | -$338K | -10,898 | -43% |
|
|
7
Envestnet Asset Management
Chicago,
Illinois
| $438K | +$48.5K | +1,565 | +14% |
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $18K | +$17K | +547 | New |
|
|
PTC
9
Private Trust Company
Cleveland,
Ohio
| $6.76K | +$6.2K | +200 | New |
|
|
10
UBS Group
Zurich,
Switzerland
| $3.04K | -$93 | -3 | -3% |
|
|
TC
11
Truvestments Capital
Sarasota,
Florida
| $572 | – | – | – |
|
12
Morgan Stanley
New York
| $50 | +$31 | +1 | New |
|
|
13
Bank of America
Charlotte,
North Carolina
| – | -$57 | -2 | Closed |
|
SPBC Hedge Fund Activity: Q1 2024 in Review
12 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Simplify US Equity PLUS GBTC ETF (SPBC) for Q1 2024, worth a combined $14M — up 277% from $3.72M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SPBC positions and 1 closed out — a net gain of 5 holders — while 2 added to existing stakes and 3 trimmed.
The largest buyer was SFG Wealth Management, adding an estimated $4.15M. The largest seller was Worth Asset Management, cutting an estimated $915K.
- 12 institutional investors held Simplify US Equity PLUS GBTC ETF (SPBC) as of Q1 2024, up from 7 in Q4 2023.
- Funds reported $14M of Simplify US Equity PLUS GBTC ETF stock for Q1 2024, up 277% quarter-over-quarter.
- 6 funds opened new Simplify US Equity PLUS GBTC ETF positions in Q1 2024 and 1 closed out, a net change of +5 holders.
- The largest Simplify US Equity PLUS GBTC ETF buyer in Q1 2024 was SFG Wealth Management, an estimated $4.15M added.
- The largest Simplify US Equity PLUS GBTC ETF seller in Q1 2024 was Worth Asset Management, an estimated $915K sold.
Based on aggregated 13F filings for Q1 2024.