Roundhill S&P 500 Target 20 Managed Distribution ETF
XPAY
5 hedge funds and large institutions have $971K invested in Roundhill S&P 500 Target 20 Managed Distribution ETF in 2025 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 0 increasing their positions, 0 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
0% more funds holding
Funds holding: 5 → 5 (0)
4.59% less ownership
Funds ownership: 5.85% → 1.26% (-4.6%)
68% less capital invested
Capital invested by funds: $3.04M → $971K (-$2.07M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$731K |
| 2 |
PD
Planning Directions
Glen Mills,
Pennsylvania
|
+$232K |
| 3 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$19.7K |
| 4 |
FFA
Farther Finance Advisors
San Francisco,
California
|
+$1.26K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$857K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$316K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$23.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $721K | +$731K | +13,380 | New |
|
|
PD
2
Planning Directions
Glen Mills,
Pennsylvania
| $229K | +$232K | +4,248 | New |
|
|
GWM
3
Geneos Wealth Management
Englewood,
Colorado
| $19.4K | +$19.7K | +360 | New |
|
|
FFA
4
Farther Finance Advisors
San Francisco,
California
| $1.23K | +$1.26K | +23 | New |
|
|
GRP
5
Global Retirement Partners
San Rafael,
California
| $393 | – | – | – |
|
|
OMC
6
Old Mission Capital
Chicago,
Illinois
| – | -$857K | -15,437 | Closed |
|
|
7
Citadel Advisors
Miami,
Florida
| – | -$316K | -5,692 | Closed |
|
|
8
UBS Group
Zurich,
Switzerland
| – | -$23.9K | -430 | Closed |
|
XPAY Hedge Fund Activity: Q4 2025 in Review
5 of the 8,252 institutional investors tracked by Wall St. Rank reported a position in Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) for Q4 2025, worth a combined $971K — down 68% from $3.04M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new XPAY positions and 3 closed out — a net gain of 1 holder — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $731K. The largest seller was Old Mission Capital, exiting entirely with an estimated $857K sold.
- 5 institutional investors held Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) as of Q4 2025, unchanged from Q3 2025.
- Funds reported $971K of Roundhill S&P 500 Target 20 Managed Distribution ETF stock for Q4 2025, down 68% quarter-over-quarter.
- 4 funds opened new Roundhill S&P 500 Target 20 Managed Distribution ETF positions in Q4 2025 and 3 closed out, a net change of +1 holder.
- The largest Roundhill S&P 500 Target 20 Managed Distribution ETF buyer in Q4 2025 was Jane Street, an estimated $731K added.
- The largest Roundhill S&P 500 Target 20 Managed Distribution ETF seller in Q4 2025 was Old Mission Capital, an estimated $857K sold.
Based on aggregated 13F filings for Q4 2025.