Cambria Tail Risk ETF
TAIL
48 hedge funds and large institutions have $36.8M invested in Cambria Tail Risk ETF in 2025 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 8 closing their positions.
200% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 8
50% more funds holding
Funds holding: 32 → 48 (+16)
5% more capital invested
Capital invested by funds: $34.9M → $36.8M (+$1.84M)
3.37% less ownership
Funds ownership: 40.33% → 36.96% (-3.4%)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
73% less call options, than puts
Call options by funds: $45K | Put options by funds: $167K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
+$8.08M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.65M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.56M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$955K |
| 5 |
Jane Street
New York
|
+$812K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFG
Citizens Financial Group
Providence,
Rhode Island
|
-$5.48M |
| 2 |
WWM
Western Wealth Management
Golden,
Colorado
|
-$4.44M |
| 3 |
FGA
Fortis Group Advisors
Westwood,
New Jersey
|
-$4.36M |
| 4 |
SIA
Soltis Investment Advisors
St. George,
Utah
|
-$3.44M |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
-$2.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FGA
51
Fortis Group Advisors
Westwood,
New Jersey
| – | -$4.36M | -369,964 | Closed |
|
|
ARC
52
Advisor Resource Council
Dallas,
Texas
| – | -$721K | -61,244 | Closed |
|
53
Focus Partners Wealth
Boston,
Massachusetts
| – | -$293K | -24,840 | Closed |
|
|
MA
54
Mutual Advisors
Omaha,
Nebraska
| – | -$164K | -12,900 | Closed |
|
|
NS
55
NBC Securities
Birmingham,
Alabama
| – | -$81K | -6,925 | Closed |
|
|
GAG
56
Goodman Advisory Group
Needham,
Massachusetts
| – | -$41.6K | -3,535 | Closed |
|
57
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$4.28K | -363 | Closed |
|
TAIL Hedge Fund Activity: Q2 2025 in Review
48 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Cambria Tail Risk ETF (TAIL) for Q2 2025, worth a combined $36.8M — up 5.3% from $34.9M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new TAIL positions and 8 closed out — a net gain of 16 holders — while 8 added to existing stakes and 11 trimmed.
The largest buyer was Cambria Investment Management, opening a new position worth an estimated $8.08M. The largest seller was Citizens Financial Group, cutting an estimated $5.48M.
- 48 institutional investors held Cambria Tail Risk ETF (TAIL) as of Q2 2025, up from 32 in Q1 2025.
- Funds reported $36.8M of Cambria Tail Risk ETF stock for Q2 2025, up 5.3% quarter-over-quarter.
- 24 funds opened new Cambria Tail Risk ETF positions in Q2 2025 and 8 closed out, a net change of +16 holders.
- The largest Cambria Tail Risk ETF buyer in Q2 2025 was Cambria Investment Management, an estimated $8.08M added.
- The largest Cambria Tail Risk ETF seller in Q2 2025 was Citizens Financial Group, an estimated $5.48M sold.
Based on aggregated 13F filings for Q2 2025.