Tremblant Global ETF
TOGA
13 hedge funds and large institutions have $22M invested in Tremblant Global ETF in 2025 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
2.14% less ownership
Funds ownership: 13.56% → 11.42% (-2.1%)
7% less funds holding
Funds holding: 14 → 13 (-1)
19% less capital invested
Capital invested by funds: $27M → $22M (-$5M)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$472K |
| 2 |
Jane Street
New York
|
+$440K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$410K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$360K |
| 5 |
PFBT
Parkside Financial Bank & Trust
Saint Louis,
Missouri
|
+$6.42K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$1.66M |
| 2 |
WAM
Worth Asset Management
Dallas,
Texas
|
-$315K |
| 3 |
SG
StoneX Group
New York
|
-$315K |
| 4 |
VF
Virtu Financial
New York
|
-$226K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$97.1K |
TOGA Hedge Fund Activity: Q4 2025 in Review
13 of the 8,224 institutional investors tracked by Wall St. Rank reported a position in Tremblant Global ETF (TOGA) for Q4 2025, worth a combined $22M — down 19% from $27M a quarter earlier.
Fund positioning in TOGA was balanced in Q4 2025: 4 funds opened new positions, 4 closed out, 2 added to existing stakes and 4 trimmed.
The largest buyer was Focus Partners Wealth, opening a new position worth an estimated $472K. The largest seller was Kovitz Investment Group Partners, exiting entirely with an estimated $1.66M sold.
- 13 institutional investors held Tremblant Global ETF (TOGA) as of Q4 2025, down from 14 in Q3 2025.
- Funds reported $22M of Tremblant Global ETF stock for Q4 2025, down 19% quarter-over-quarter.
- 4 funds opened new Tremblant Global ETF positions in Q4 2025 and 4 closed out, a net change of 0 holders.
- The largest Tremblant Global ETF buyer in Q4 2025 was Focus Partners Wealth, an estimated $472K added.
- The largest Tremblant Global ETF seller in Q4 2025 was Kovitz Investment Group Partners, an estimated $1.66M sold.
Based on aggregated 13F filings for Q4 2025.