Cambria Tail Risk ETF
TAIL
55 hedge funds and large institutions have $166M invested in Cambria Tail Risk ETF in 2021 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 17 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
5.57% more ownership
Funds ownership: 46.51% → 52.08% (+5.6%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4% less funds holding
Funds holding: 57 → 55 (-2)
5% less capital invested
Capital invested by funds: $176M → $166M (-$9.13M)
12% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SL
Systelligence LLC
Bloomington,
Minnesota
|
+$17.6M |
| 2 |
OFW
Omnia Family Wealth
Aventura,
Florida
|
+$12M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$9.96M |
| 4 |
OPCM
Osborne Partners Capital Management
San Francisco,
California
|
+$9.33M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
-$30.4M |
| 2 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$16.7M |
| 3 |
PPW
Pasadena Private Wealth
Pasadena,
California
|
-$9.38M |
| 4 |
LPL Financial
San Diego,
California
|
-$5.74M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$3.18M |
TAIL Hedge Fund Activity: Q1 2021 in Review
55 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Cambria Tail Risk ETF (TAIL) for Q1 2021, worth a combined $166M — down 5.2% from $176M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TAIL and 15 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 21 added.
The largest buyer was Systelligence LLC, opening a new position worth an estimated $17.6M. The largest seller was Cardan Capital Partners, exiting entirely with an estimated $30.4M sold.
- 55 institutional investors held Cambria Tail Risk ETF (TAIL) as of Q1 2021, down from 57 in Q4 2020.
- Funds reported $166M of Cambria Tail Risk ETF stock for Q1 2021, down 5.2% quarter-over-quarter.
- 15 funds opened new Cambria Tail Risk ETF positions in Q1 2021 and 17 closed out, a net change of -2 holders.
- The largest Cambria Tail Risk ETF buyer in Q1 2021 was Systelligence LLC, an estimated $17.6M added.
- The largest Cambria Tail Risk ETF seller in Q1 2021 was Cardan Capital Partners, an estimated $30.4M sold.
Based on aggregated 13F filings for Q1 2021.