We are live on ! Find out more
VFLO icon

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.

New
Increased
Maintained
Reduced
Closed

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%)

Holders
226
Holders Change
+13
Holders Change %
+6.1%
% of All Funds
2.97%
Holding in Top 10
19
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-13.64%
% of All Funds
0.25%
New
33
Increased
106
Reduced
73
Closed
16
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
LPL Financial
LPL Financial
California
+$60.3M
2
Morgan Stanley
Morgan Stanley
New York
+$59.6M
3
HighTower Advisors
HighTower Advisors
Illinois
+$43.3M
4
Bank of America
Bank of America
North Carolina
+$33.1M
5
Two Sigma Investments
Two Sigma Investments
New York
+$31.7M

Top Sellers

1
AF
Allworth Financial
California
-$116M
2
MMA
Miracle Mile Advisors
California
-$20.1M
3
SPG
Strategic Planning Group
Utah
-$17.7M
4
SA
Sanctuary Advisors
Indiana
-$16M
5
AAS
Annex Advisory Services
Wisconsin
-$13M
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of America
1
Bank of America
North Carolina
$507M +$33.1M +912,446 +7%
LPL Financial
2
LPL Financial
California
$414M +$60.3M +1,663,048 +18%
Morgan Stanley
3
Morgan Stanley
New York
$366M +$59.6M +1,642,500 +20%
Northwestern Mutual Wealth Management
4
Northwestern Mutual Wealth Management
Wisconsin
$253M +$14.5M +398,850 +6%
Wells Fargo
5
Wells Fargo
California
$199M +$23.1M +637,309 +14%
Raymond James Financial
6
Raymond James Financial
Florida
$159M +$29.4M +809,655 +24%
Victory Capital Management
7
Victory Capital Management
Texas
$152M +$4.17M +115,000 +3%
AF
8
Allworth Financial
California
$132M -$116M -3,192,152 -48%
UBS Group
9
UBS Group
Switzerland
$115M +$20.2M +557,787 +22%
HighTower Advisors
10
HighTower Advisors
Illinois
$107M +$43.3M +1,193,452 +72%
AAS
11
Annex Advisory Services
Wisconsin
$106M -$13M -357,332 -11%
MFG
12
Merit Financial Group
Georgia
$90.7M +$3.12M +85,914 +4%
TIA
13
Traphagen Investment Advisors
New Jersey
$86.6M +$3.27M +90,140 +4%
MMA
14
Miracle Mile Advisors
California
$81.7M -$20.1M -553,928 -20%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$78.5M -$183K -5,037 -0.2%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$72.6M -$3.05M -84,136 -4%
MWM
17
Modern Wealth Management
Kansas
$63.6M +$24.8M +682,133 +67%
GA
18
Goldstein Advisors
Wisconsin
$60.4M +$966K +26,633 +2%
KF
19
Krilogy Financial
Missouri
$58.8M +$11.4M +314,131 +25%
GVAG
20
Great Valley Advisor Group
Delaware
$57.5M +$3.48M +95,783 +7%
Ameriprise
21
Ameriprise
Minnesota
$57.1M +$19.1M +525,089 +53%
SG
22
StoneX Group
New York
$38.9M -$320K -8,817 -0.8%
RW
23
RVW Wealth
California
$37.1M +$893K +24,608 +3%
CCWM
24
Correct Capital Wealth Management
Missouri
$35.1M -$7.93M -218,506 -19%
Two Sigma Investments
25
Two Sigma Investments
New York
$32.8M +$31.7M +874,300 New
1
2 3 4 5

VFLO Hedge Fund Activity: Q3 2025 in Review

226 of the 7,619 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.