Cambria Tail Risk ETF
TAIL
54 hedge funds and large institutions have $253M invested in Cambria Tail Risk ETF in 2022 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 25 increasing their positions, 13 reducing their positions, and 15 closing their positions.
120% more call options, than puts
Call options by funds: $11K | Put options by funds: $5K
92% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 13
29% more capital invested
Capital invested by funds: $197M → $253M (+$56.4M)
8.42% more ownership
Funds ownership: 57.93% → 66.34% (+8.4%)
5% less funds holding
Funds holding: 57 → 54 (-3)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$44M |
| 2 |
BPWM
Badgley Phelps Wealth Managers
Seattle,
Washington
|
+$15.1M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$4.93M |
| 4 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$4.24M |
| 5 |
SFP
Sweet Financial Partners
Fairmont,
Minnesota
|
+$3.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
-$16M |
| 2 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
-$5.51M |
| 3 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
-$2.32M |
| 4 |
ARC
Advisor Resource Council
Dallas,
Texas
|
-$1.34M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.21M |
TAIL Hedge Fund Activity: Q1 2022 in Review
54 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Cambria Tail Risk ETF (TAIL) for Q1 2022, worth a combined $253M — up 29% from $197M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of TAIL and 13 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 25 added.
The largest buyer was Stifel Financial, opening a new position worth an estimated $44M. The largest seller was Financial Enhancement Group, cutting an estimated $16M.
- 54 institutional investors held Cambria Tail Risk ETF (TAIL) as of Q1 2022, down from 57 in Q4 2021.
- Funds reported $253M of Cambria Tail Risk ETF stock for Q1 2022, up 29% quarter-over-quarter.
- 13 funds opened new Cambria Tail Risk ETF positions in Q1 2022 and 15 closed out, a net change of -2 holders.
- The largest Cambria Tail Risk ETF buyer in Q1 2022 was Stifel Financial, an estimated $44M added.
- The largest Cambria Tail Risk ETF seller in Q1 2022 was Financial Enhancement Group, an estimated $16M sold.
Based on aggregated 13F filings for Q1 2022.