Main Thematic Innovation ETF
TMAT
32 hedge funds and large institutions have $170M invested in Main Thematic Innovation ETF in 2025 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 11 closing their positions.
444% more capital inflows, than outflows
Capital inflows: $23.3M | Capital outflows: $4.29M
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
20% less funds holding
Funds holding: 40 → 32 (-8)
22.75% less ownership
Funds ownership: 121.32% → 98.57% (-23%)
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$18.4M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.97M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$866K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$339K |
| 5 |
GeoWealth Management
Chicago,
Illinois
|
+$265K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TownSquare Capital
Provo,
Utah
|
-$1.01M |
| 2 |
Atria Wealth Solutions
New York
|
-$648K |
| 3 |
Envestnet Portfolio Solutions
Chicago,
Illinois
|
-$577K |
| 4 |
Cassaday & Co Wealth Management
Mclean,
Virginia
|
-$521K |
| 5 |
GWN Securities
Palm Beach Gardens,
Florida
|
-$476K |
TMAT Hedge Fund Activity: Q2 2025 in Review
32 of the 7,627 institutional investors tracked by Wall St. Rank reported a position in Main Thematic Innovation ETF (TMAT) for Q2 2025, worth a combined $170M — up 9.2% from $156M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TMAT and 4 opened new positions — a net loss of 7 holders — while 9 trimmed existing stakes and 13 added.
The largest buyer was Osaic Holdings, adding an estimated $18.4M. The largest seller was TownSquare Capital, exiting entirely with an estimated $1.01M sold.
- 32 institutional investors held Main Thematic Innovation ETF (TMAT) as of Q2 2025, down from 40 in Q1 2025.
- Funds reported $170M of Main Thematic Innovation ETF stock for Q2 2025, up 9.2% quarter-over-quarter.
- 4 funds opened new Main Thematic Innovation ETF positions in Q2 2025 and 11 closed out, a net change of -7 holders.
- The largest Main Thematic Innovation ETF buyer in Q2 2025 was Osaic Holdings, an estimated $18.4M added.
- The largest Main Thematic Innovation ETF seller in Q2 2025 was TownSquare Capital, an estimated $1.01M sold.
Based on aggregated 13F filings for Q2 2025.