Cambria Tail Risk ETF
TAIL
58 hedge funds and large institutions have $194M invested in Cambria Tail Risk ETF in 2020 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 18 increasing their positions, 8 reducing their positions, and 10 closing their positions.
386% more capital inflows, than outflows
Capital inflows: $107M | Capital outflows: $22M
210% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 10
125% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 8
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
57% more funds holding
Funds holding: 37 → 58 (+21)
21.06% more ownership
Funds ownership: 27.53% → 48.59% (+21%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$24.7M |
| 2 |
Tuttle Capital Management
Riverside,
Connecticut
|
+$19.5M |
| 3 |
Financial Enhancement Group
Anderson,
Indiana
|
+$16.7M |
| 4 |
Cardan Capital Partners
Denver,
Colorado
|
+$10.7M |
| 5 |
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$6.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$10.4M |
| 2 |
Cambria Investment Management
Manhattan Beach,
California
|
-$5.23M |
| 3 |
IFG Advisory
Atlanta,
Georgia
|
-$1.9M |
| 4 |
AE Wealth Management
Topeka,
Kansas
|
-$1.13M |
| 5 |
Simplicity Solutions
Minneapolis,
Minnesota
|
-$1.13M |
TAIL Hedge Fund Activity: Q3 2020 in Review
58 of the 4,972 institutional investors tracked by Wall St. Rank reported a position in Cambria Tail Risk ETF (TAIL) for Q3 2020, worth a combined $194M — up 71% from $113M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new TAIL positions and 10 closed out — a net gain of 21 holders — while 18 added to existing stakes and 8 trimmed.
The largest buyer was Cambridge Investment Research Advisors, adding an estimated $24.7M. The largest seller was CIBC World Market, cutting an estimated $10.4M.
- 58 institutional investors held Cambria Tail Risk ETF (TAIL) as of Q3 2020, up from 37 in Q2 2020.
- Funds reported $194M of Cambria Tail Risk ETF stock for Q3 2020, up 71% quarter-over-quarter.
- 31 funds opened new Cambria Tail Risk ETF positions in Q3 2020 and 10 closed out, a net change of +21 holders.
- The largest Cambria Tail Risk ETF buyer in Q3 2020 was Cambridge Investment Research Advisors, an estimated $24.7M added.
- The largest Cambria Tail Risk ETF seller in Q3 2020 was CIBC World Market, an estimated $10.4M sold.
Based on aggregated 13F filings for Q3 2020.