Cambria Tail Risk ETF
TAIL
46 hedge funds and large institutions have $76.9M invested in Cambria Tail Risk ETF in 2025 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 7 closing their positions.
105% more capital invested
Capital invested by funds: $37.5M → $76.9M (+$39.3M)
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
18% more funds holding
Funds holding: 39 → 46 (+7)
14.31% more ownership
Funds ownership: 37.55% → 51.86% (+14%)
93% less call options, than puts
Call options by funds: $38K | Put options by funds: $509K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$16.6M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$12.4M |
| 3 |
LPL Financial
San Diego,
California
|
+$9.26M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
+$2.15M |
| 5 |
SC
Sierra Capital
Miami,
Florida
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$5.83M |
| 2 |
Goldman Sachs
New York
|
-$823K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$551K |
| 4 |
CFG
Citizens Financial Group
Providence,
Rhode Island
|
-$479K |
| 5 |
CWA
Continuum Wealth Advisors
Saratoga Springs,
New York
|
-$418K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LKBC
51
L.K. Benson & Company
Baltimore,
Maryland
| – | -$171K | -14,435 | Closed |
|
52
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$54K | -4,521 | Closed |
|
53
Comerica Bank
Dallas,
Texas
| – | -$27.4K | -2,312 | Closed |
|
TAIL Hedge Fund Activity: Q4 2025 in Review
46 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Cambria Tail Risk ETF (TAIL) for Q4 2025, worth a combined $76.9M — up 105% from $37.5M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new TAIL positions and 7 closed out — a net gain of 7 holders — while 14 added to existing stakes and 10 trimmed.
The largest buyer was Focus Partners Wealth, opening a new position worth an estimated $16.6M. The largest seller was Wells Fargo, cutting an estimated $5.83M.
- 46 institutional investors held Cambria Tail Risk ETF (TAIL) as of Q4 2025, up from 39 in Q3 2025.
- Funds reported $76.9M of Cambria Tail Risk ETF stock for Q4 2025, up 105% quarter-over-quarter.
- 14 funds opened new Cambria Tail Risk ETF positions in Q4 2025 and 7 closed out, a net change of +7 holders.
- The largest Cambria Tail Risk ETF buyer in Q4 2025 was Focus Partners Wealth, an estimated $16.6M added.
- The largest Cambria Tail Risk ETF seller in Q4 2025 was Wells Fargo, an estimated $5.83M sold.
Based on aggregated 13F filings for Q4 2025.