Cambria Tail Risk ETF
TAIL
57 hedge funds and large institutions have $82.6M invested in Cambria Tail Risk ETF in 2026 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 11 closing their positions.
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
12% more funds holding
Funds holding: 51 → 57 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13.28% less ownership
Funds ownership: 70.2% → 56.93% (-13%)
63% less capital inflows, than outflows
Capital inflows: $12.4M | Capital outflows: $33.2M
100% less call options, than puts
Call options by funds: $11K | Put options by funds: $2.45M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mather Group
Chicago,
Illinois
|
+$2.69M |
| 2 |
PA
Persium Advisors
Atlanta,
Georgia
|
+$1.58M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$991K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$924K |
| 5 |
Old Mission Capital
Chicago,
Illinois
|
+$799K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$9.88M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$8.32M |
| 3 |
SIA
Soltis Investment Advisors
St. George,
Utah
|
-$4.38M |
| 4 |
FSA
Financial Services Advisory
Rockville,
Maryland
|
-$3.11M |
| 5 |
FS
Ferguson Shapiro
Decatur,
Georgia
|
-$1.81M |
TAIL Hedge Fund Activity: Q2 2026 in Review
57 of the 8,355 institutional investors tracked by Wall St. Rank reported a position in Cambria Tail Risk ETF (TAIL) for Q2 2026, worth a combined $82.6M — down 26% from $112M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TAIL positions and 11 closed out — a net gain of 6 holders — while 16 added to existing stakes and 11 trimmed.
The largest buyer was Mather Group, opening a new position worth an estimated $2.69M. The largest seller was Wells Fargo, cutting an estimated $9.88M.
- 57 institutional investors held Cambria Tail Risk ETF (TAIL) as of Q2 2026, up from 51 in Q1 2026.
- Funds reported $82.6M of Cambria Tail Risk ETF stock for Q2 2026, down 26% quarter-over-quarter.
- 17 funds opened new Cambria Tail Risk ETF positions in Q2 2026 and 11 closed out, a net change of +6 holders.
- The largest Cambria Tail Risk ETF buyer in Q2 2026 was Mather Group, an estimated $2.69M added.
- The largest Cambria Tail Risk ETF seller in Q2 2026 was Wells Fargo, an estimated $9.88M sold.
Based on aggregated 13F filings for Q2 2026.