UPAR Ultra Risk Parity ETF
UPAR
5 hedge funds and large institutions have $40M invested in UPAR Ultra Risk Parity ETF in 2025 Q4 according to their latest regulatory filings, with 3 funds opening new positions, increasing their positions, 2 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
25% more funds holding
Funds holding: 4 → 5 (+1)
4% more capital invested
Capital invested by funds: $38.5M → $40M (+$1.48M)
0.91% less ownership
Funds ownership: 64.04% → 63.13% (-0.91%)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FA
Fermata Advisors
Sonoma,
California
|
+$170K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.71K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$390K |
| 2 |
Jane Street
New York
|
-$111K |
| 3 |
EW
Evoke Wealth
Los Angeles,
California
|
-$32.6K |
| 4 |
Morgan Stanley
New York
|
-$24 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EW
1
Evoke Wealth
Los Angeles,
California
| $38.3M | -$32.6K | -2,111 | -0.1% |
|
|
4PL
2
46 Peaks LLC
Newtown,
Pennsylvania
| $787K | +$786K | +50,930 | New |
|
|
3
Jane Street
New York
| $729K | -$111K | -7,204 | -13% |
|
|
FA
4
Fermata Advisors
Sonoma,
California
| $170K | +$170K | +10,983 | New |
|
|
5
UBS Group
Zurich,
Switzerland
| $3.71K | +$3.71K | +240 | New |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$390K | -25,914 | Closed |
|
|
7
Morgan Stanley
New York
| – | -$24 | -1 | Closed |
|
UPAR Hedge Fund Activity: Q4 2025 in Review
5 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in UPAR Ultra Risk Parity ETF (UPAR) for Q4 2025, worth a combined $40M — up 3.8% from $38.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new UPAR positions and 2 closed out — a net gain of 1 holder — while 0 added to existing stakes and 2 trimmed.
The largest buyer was Fermata Advisors, opening a new position worth an estimated $170K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $390K sold.
- 5 institutional investors held UPAR Ultra Risk Parity ETF (UPAR) as of Q4 2025, up from 4 in Q3 2025.
- Funds reported $40M of UPAR Ultra Risk Parity ETF stock for Q4 2025, up 3.8% quarter-over-quarter.
- 3 funds opened new UPAR Ultra Risk Parity ETF positions in Q4 2025 and 2 closed out, a net change of +1 holder.
- The largest UPAR Ultra Risk Parity ETF buyer in Q4 2025 was Fermata Advisors, an estimated $170K added.
- The largest UPAR Ultra Risk Parity ETF seller in Q4 2025 was Susquehanna International Group, an estimated $390K sold.
Based on aggregated 13F filings for Q4 2025.