Cambria Tail Risk ETF
TAIL
51 hedge funds and large institutions have $146M invested in Cambria Tail Risk ETF in 2021 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 17 reducing their positions, and 12 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 17
4.68% less ownership
Funds ownership: 52.08% → 47.41% (-4.7%)
7% less funds holding
Funds holding: 55 → 51 (-4)
12% less capital invested
Capital invested by funds: $166M → $146M (-$20.2M)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$6.71M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$6.11M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.51M |
| 4 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$2.43M |
| 5 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SL
Systelligence LLC
Bloomington,
Minnesota
|
-$16.7M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$6.42M |
| 3 |
TWM
TMD Wealth Management
Scottsdale,
Arizona
|
-$5.71M |
| 4 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
-$5.23M |
| 5 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$3.38M |
TAIL Hedge Fund Activity: Q2 2021 in Review
51 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Cambria Tail Risk ETF (TAIL) for Q2 2021, worth a combined $146M — down 12% from $166M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TAIL and 8 opened new positions — a net loss of 4 holders — while 17 trimmed existing stakes and 22 added.
The largest buyer was Dynamic Advisor Solutions, adding an estimated $6.71M. The largest seller was Systelligence LLC, exiting entirely with an estimated $16.7M sold.
- 51 institutional investors held Cambria Tail Risk ETF (TAIL) as of Q2 2021, down from 55 in Q1 2021.
- Funds reported $146M of Cambria Tail Risk ETF stock for Q2 2021, down 12% quarter-over-quarter.
- 8 funds opened new Cambria Tail Risk ETF positions in Q2 2021 and 12 closed out, a net change of -4 holders.
- The largest Cambria Tail Risk ETF buyer in Q2 2021 was Dynamic Advisor Solutions, an estimated $6.71M added.
- The largest Cambria Tail Risk ETF seller in Q2 2021 was Systelligence LLC, an estimated $16.7M sold.
Based on aggregated 13F filings for Q2 2021.