Cambria Tail Risk ETF
TAIL
37 hedge funds and large institutions have $113M invested in Cambria Tail Risk ETF in 2020 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 4 closing their positions.
425% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 4
268% more capital invested
Capital invested by funds: $30.8M → $113M (+$82.5M)
85% more funds holding
Funds holding: 20 → 37 (+17)
18.86% more ownership
Funds ownership: 26.61% → 45.47% (+19%)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$22.3M |
| 2 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$15M |
| 3 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$15M |
| 4 |
LPL Financial
San Diego,
California
|
+$9.85M |
| 5 |
OFW
Omnia Family Wealth
Aventura,
Florida
|
+$9.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$1.14M |
| 2 |
LJAC
L.J. Altfest & Co
New York
|
-$1.02M |
| 3 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$752K |
| 4 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
-$717K |
| 5 |
FFN
Focus Financial Network
Minneapolis,
Minnesota
|
-$534K |
TAIL Hedge Fund Activity: Q2 2020 in Review
37 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Cambria Tail Risk ETF (TAIL) for Q2 2020, worth a combined $113M — up 268% from $30.8M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new TAIL positions and 4 closed out — a net gain of 17 holders — while 7 added to existing stakes and 8 trimmed.
The largest buyer was CIBC World Market, opening a new position worth an estimated $22.3M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $1.14M sold.
- 37 institutional investors held Cambria Tail Risk ETF (TAIL) as of Q2 2020, up from 20 in Q1 2020.
- Funds reported $113M of Cambria Tail Risk ETF stock for Q2 2020, up 268% quarter-over-quarter.
- 21 funds opened new Cambria Tail Risk ETF positions in Q2 2020 and 4 closed out, a net change of +17 holders.
- The largest Cambria Tail Risk ETF buyer in Q2 2020 was CIBC World Market, an estimated $22.3M added.
- The largest Cambria Tail Risk ETF seller in Q2 2020 was Penserra Capital Management, an estimated $1.14M sold.
Based on aggregated 13F filings for Q2 2020.