TBG Dividend Focus ETF
TBG
31 hedge funds and large institutions have $103M invested in TBG Dividend Focus ETF in 2025 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 3 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
367% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 3
36% more capital invested
Capital invested by funds: $75.4M → $103M (+$27.2M)
35% more funds holding
Funds holding: 23 → 31 (+8)
5.69% more ownership
Funds ownership: 52.04% → 57.73% (+5.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$12.7M |
| 2 |
OWM
OneAscent Wealth Management
Birmingham,
Alabama
|
+$3.62M |
| 3 |
OFS
OneAscent Financial Services
Birmingham,
Alabama
|
+$2.93M |
| 4 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$1.44M |
| 5 |
EWA
EverSource Wealth Advisors
Birmingham,
Alabama
|
+$877K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
-$86.3K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$68K |
| 3 |
Morgan Stanley
New York
|
-$29K |
| 4 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$14.6K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$2.65K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAL
26
Capital Advisors Ltd
Shaker Heights,
Ohio
| $36K | +$19.8K | +597 | +125% |
|
|
HNB
27
Hilltop National Bank
Casper,
Wyoming
| $13.1K | – | – | – |
|
|
CIAS
28
Capital Investment Advisory Services
Raleigh,
North Carolina
| $10K | +$66 | +2 | +0.7% |
|
|
29
Morgan Stanley
New York
| $6.78K | -$29K | -876 | -81% |
|
|
WANY
30
Wealthspire Advisors (New York)
New York
| $5.29K | +$5.3K | +160 | New |
|
31
UBS Group
Zurich,
Switzerland
| $3.34K | +$3.35K | +101 | New |
|
|
32
Raymond James Financial
St Petersburg,
Florida
| – | -$86.3K | -2,682 | Closed |
|
|
AAS
33
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$14.6K | -453 | Closed |
|
TBG Hedge Fund Activity: Q3 2025 in Review
31 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in TBG Dividend Focus ETF (TBG) for Q3 2025, worth a combined $103M — up 36% from $75.4M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TBG positions and 2 closed out — a net gain of 8 holders — while 14 added to existing stakes and 3 trimmed.
The largest buyer was HighTower Advisors, adding an estimated $12.7M. The largest seller was Raymond James Financial, exiting entirely with an estimated $86.3K sold.
- 31 institutional investors held TBG Dividend Focus ETF (TBG) as of Q3 2025, up from 23 in Q2 2025.
- Funds reported $103M of TBG Dividend Focus ETF stock for Q3 2025, up 36% quarter-over-quarter.
- 10 funds opened new TBG Dividend Focus ETF positions in Q3 2025 and 2 closed out, a net change of +8 holders.
- The largest TBG Dividend Focus ETF buyer in Q3 2025 was HighTower Advisors, an estimated $12.7M added.
- The largest TBG Dividend Focus ETF seller in Q3 2025 was Raymond James Financial, an estimated $86.3K sold.
Based on aggregated 13F filings for Q3 2025.