Simplify US Equity PLUS Downside Convexity ETF
SPD
38 hedge funds and large institutions have $50M invested in Simplify US Equity PLUS Downside Convexity ETF in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 20 reducing their positions, and 6 closing their positions.
3% less funds holding
Funds holding: 39 → 38 (-1)
4.28% less ownership
Funds ownership: 51.46% → 47.18% (-4.3%)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
30% less capital invested
Capital invested by funds: $71.7M → $50M (-$21.6M)
70% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 20
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
+$5.31M |
| 2 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$4.77M |
| 3 |
CF
Clarity Financial
Houston,
Texas
|
+$1.25M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$1.08M |
| 5 |
IAA
Ironsides Asset Advisors
Rocky Mount,
North Carolina
|
+$588K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kathmere Capital Management
Wayne,
Pennsylvania
|
-$25.8M |
| 2 |
RCIM
Red Cedar Investment Management
Grand Rapids,
Michigan
|
-$4.69M |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$2.93M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$2M |
| 5 |
AIP
Almanack Investment Partners
Wayne,
Pennsylvania
|
-$695K |
SPD Hedge Fund Activity: Q2 2023 in Review
38 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Simplify US Equity PLUS Downside Convexity ETF (SPD) for Q2 2023, worth a combined $50M — down 30% from $71.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SPD and 5 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 6 added.
The largest buyer was Axxcess Wealth Management, opening a new position worth an estimated $5.31M. The largest seller was Kathmere Capital Management, cutting an estimated $25.8M.
- 38 institutional investors held Simplify US Equity PLUS Downside Convexity ETF (SPD) as of Q2 2023, down from 39 in Q1 2023.
- Funds reported $50M of Simplify US Equity PLUS Downside Convexity ETF stock for Q2 2023, down 30% quarter-over-quarter.
- 5 funds opened new Simplify US Equity PLUS Downside Convexity ETF positions in Q2 2023 and 6 closed out, a net change of -1 holder.
- The largest Simplify US Equity PLUS Downside Convexity ETF buyer in Q2 2023 was Axxcess Wealth Management, an estimated $5.31M added.
- The largest Simplify US Equity PLUS Downside Convexity ETF seller in Q2 2023 was Kathmere Capital Management, an estimated $25.8M sold.
Based on aggregated 13F filings for Q2 2023.