Cambria Tail Risk ETF
TAIL
51 hedge funds and large institutions have $112M invested in Cambria Tail Risk ETF in 2026 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
46% more capital invested
Capital invested by funds: $76.9M → $112M (+$35.3M)
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
11% more funds holding
Funds holding: 46 → 51 (+5)
3.53% more ownership
Funds ownership: 51.86% → 55.39% (+3.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
98% less call options, than puts
Call options by funds: $23K | Put options by funds: $1.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$13.9M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$8.24M |
| 3 |
SIA
Soltis Investment Advisors
St. George,
Utah
|
+$3.94M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$3.62M |
| 5 |
FSA
Financial Services Advisory
Rockville,
Maryland
|
+$3.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$4.65M |
| 2 |
PFA
Professional Financial Advisors
North Platte,
Nebraska
|
-$1.96M |
| 3 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$670K |
| 4 |
SC
Sierra Capital
Miami,
Florida
|
-$638K |
| 5 |
PJWM
Philip James Wealth Mangement
Milton,
Georgia
|
-$559K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
51
Allworth Financial
Folsom,
California
| $59 | – | – | – |
|
|
PFA
52
Professional Financial Advisors
North Platte,
Nebraska
| – | -$1.96M | -170,668 | Closed |
|
|
TI
53
Tidal Investments
Milwaukee,
Wisconsin
| – | -$670K | -58,346 | Closed |
|
|
OMC
54
Old Mission Capital
Chicago,
Illinois
| – | -$381K | -33,176 | Closed |
|
55
Citadel Advisors
Miami,
Florida
| – | -$312K | -26,930 | Closed |
|
|
PS
56
Principal Securities
Des Moines,
Iowa
| – | -$116K | -10,099 | Closed |
|
|
FHA
57
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$3.03K | -263 | Closed |
|
58
Group One Trading
Chicago,
Illinois
| – | -$1.15K | -100 | Closed |
|
|
LAS
59
Lloyd Advisory Services
Suwanee,
Georgia
| – | -$101 | -9 | Closed |
|
|
IA
60
IFP Advisors
Tampa,
Florida
| – | -$57 | -5 | Closed |
|
TAIL Hedge Fund Activity: Q1 2026 in Review
51 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Cambria Tail Risk ETF (TAIL) for Q1 2026, worth a combined $112M — up 46% from $76.9M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new TAIL positions and 9 closed out — a net gain of 7 holders — while 14 added to existing stakes and 10 trimmed.
The largest buyer was Wells Fargo, adding an estimated $13.9M. The largest seller was LPL Financial, cutting an estimated $4.65M.
- 51 institutional investors held Cambria Tail Risk ETF (TAIL) as of Q1 2026, up from 46 in Q4 2025.
- Funds reported $112M of Cambria Tail Risk ETF stock for Q1 2026, up 46% quarter-over-quarter.
- 16 funds opened new Cambria Tail Risk ETF positions in Q1 2026 and 9 closed out, a net change of +7 holders.
- The largest Cambria Tail Risk ETF buyer in Q1 2026 was Wells Fargo, an estimated $13.9M added.
- The largest Cambria Tail Risk ETF seller in Q1 2026 was LPL Financial, an estimated $4.65M sold.
Based on aggregated 13F filings for Q1 2026.