Cambria Tail Risk ETF
TAIL
7 hedge funds and large institutions have $36.3M invested in Cambria Tail Risk ETF in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 0 reducing their positions, and 4 closing their positions.
482% more capital invested
Capital invested by funds: $6.24M → $36.3M (+$30.1M)
35.36% more ownership
Funds ownership: 29.13% → 64.48% (+35%)
22% less funds holding
Funds holding: 9 → 7 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LJAC
L.J. Altfest & Co
New York
|
+$30.3M |
| 2 |
Jane Street
New York
|
+$328K |
| 3 |
LPL Financial
San Diego,
California
|
+$99.2K |
| 4 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
+$81.1K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$27.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$492K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$194K |
| 3 |
FANJ
Financial Architects (New Jersey)
Marlton,
New Jersey
|
-$61K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LJAC
1
L.J. Altfest & Co
New York
| $33.4M | +$30.3M | +1,493,268 | +1,088% |
|
|
2
LPL Financial
San Diego,
California
| $1.53M | +$99.2K | +4,894 | +7% |
|
|
IAA
3
Ironsides Asset Advisors
Rocky Mount,
North Carolina
| $448K | – | – | – |
|
|
CIM
4
Cambria Investment Management
Manhattan Beach,
California
| $334K | +$81.1K | +4,000 | +33% |
|
|
5
Jane Street
New York
| $331K | +$328K | +16,192 | New |
|
|
AG
6
Advisor Group
Phoenix,
Arizona
| $279K | +$27.8K | +1,370 | +11% |
|
|
7
Citadel Advisors
Miami,
Florida
| – | -$492K | -24,126 | Closed |
|
|
BSAM
8
Blue Sky Asset Management
Greenwood Village,
Colorado
| – | -$320K | -15,678 | Closed |
|
|
9
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$194K | -9,500 | Closed |
|
|
FANJ
10
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$61K | -3,010 | Closed |
|
11
Wells Fargo
San Francisco,
California
| – | +$20 | +1 | New |
|
TAIL Hedge Fund Activity: Q2 2019 in Review
7 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Cambria Tail Risk ETF (TAIL) for Q2 2019, worth a combined $36.3M — up 482% from $6.24M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TAIL and 2 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 4 added.
The largest buyer was L.J. Altfest & Co, adding an estimated $30.3M. The largest seller was Citadel Advisors, exiting entirely with an estimated $492K sold.
- 7 institutional investors held Cambria Tail Risk ETF (TAIL) as of Q2 2019, down from 9 in Q1 2019.
- Funds reported $36.3M of Cambria Tail Risk ETF stock for Q2 2019, up 482% quarter-over-quarter.
- 2 funds opened new Cambria Tail Risk ETF positions in Q2 2019 and 4 closed out, a net change of -2 holders.
- The largest Cambria Tail Risk ETF buyer in Q2 2019 was L.J. Altfest & Co, an estimated $30.3M added.
- The largest Cambria Tail Risk ETF seller in Q2 2019 was Citadel Advisors, an estimated $492K sold.
Based on aggregated 13F filings for Q2 2019.