VictoryShares Free Cash Flow ETF
VFLO
226 hedge funds and large institutions have $4.14B invested in VictoryShares Free Cash Flow ETF in 2025 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 106 increasing their positions, 73 reducing their positions, and 16 closing their positions.
106% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 16
45% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 73
9% more capital invested
Capital invested by funds: $3.82B → $4.14B (+$325M)
6% more funds holding
Funds holding: 213 → 226 (+13)
14% less funds holding in top 10
Funds holding in top 10: 22 → 19 (-3)
23.25% less ownership
Funds ownership: 89.43% → 66.18% (-23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$60.3M |
| 2 |
Morgan Stanley
New York
|
+$59.6M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$43.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$33.1M |
| 5 |
Two Sigma Investments
New York
|
+$31.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AF
Allworth Financial
Folsom,
California
|
-$116M |
| 2 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
-$20.1M |
| 3 |
SPG
Strategic Planning Group
Bountiful,
Utah
|
-$17.7M |
| 4 |
SA
Sanctuary Advisors
Indianapolis,
Indiana
|
-$16M |
| 5 |
AAS
Annex Advisory Services
Brookfield,
Wisconsin
|
-$13M |
VFLO Hedge Fund Activity: Q3 2025 in Review
226 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in VictoryShares Free Cash Flow ETF (VFLO) for Q3 2025, worth a combined $4.14B — up 8.5% from $3.82B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new VFLO positions and 16 closed out — a net gain of 17 holders — while 106 added to existing stakes and 73 trimmed.
The largest buyer was LPL Financial, adding an estimated $60.3M. The largest seller was Allworth Financial, cutting an estimated $116M.
- 226 institutional investors held VictoryShares Free Cash Flow ETF (VFLO) as of Q3 2025, up from 213 in Q2 2025.
- Funds reported $4.14B of VictoryShares Free Cash Flow ETF stock for Q3 2025, up 8.5% quarter-over-quarter.
- 33 funds opened new VictoryShares Free Cash Flow ETF positions in Q3 2025 and 16 closed out, a net change of +17 holders.
- The largest VictoryShares Free Cash Flow ETF buyer in Q3 2025 was LPL Financial, an estimated $60.3M added.
- The largest VictoryShares Free Cash Flow ETF seller in Q3 2025 was Allworth Financial, an estimated $116M sold.
Based on aggregated 13F filings for Q3 2025.