Zega Buy & Hedge ETF
ZHDG
13 hedge funds and large institutions have $32M invested in Zega Buy & Hedge ETF in 2025 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 0 closing their positions.
30% more funds holding
Funds holding: 10 → 13 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less capital invested
Capital invested by funds: $35.2M → $32M (-$3.14M)
16.98% less ownership
Funds ownership: 136.86% → 119.87% (-17%)
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Allen Capital Group
Grand Island,
Nebraska
|
+$1.37M |
| 2 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
+$516K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$238K |
| 4 |
W
WorthPointe
La Jolla,
California
|
+$67.8K |
| 5 |
RFM
Royal Fund Management
Lady Lake,
Florida
|
+$13.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BluePath Capital Management
Atlanta,
Georgia
|
-$1.81M |
| 2 |
OAS
Optivise Advisory Services
Franklin,
Tennessee
|
-$830K |
| 3 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
-$357K |
| 4 |
ZI
ZEGA Investments
Palm Beach Gardens,
Florida
|
-$193K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$70.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ZI
1
ZEGA Investments
Palm Beach Gardens,
Florida
| $14.9M | -$193K | -9,535 | -1% |
|
|
ACG
2
Allen Capital Group
Grand Island,
Nebraska
| $10.7M | +$1.37M | +67,890 | +14% |
|
|
CAS
3
Coppell Advisory Solutions
Coppell,
Texas
| $2.05M | -$357K | -17,629 | -14% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $887K | -$70.4K | -3,482 | -7% |
|
|
OAS
5
Optivise Advisory Services
Franklin,
Tennessee
| $860K | -$830K | -41,030 | -48% |
|
|
RFM
6
Royal Fund Management
Lady Lake,
Florida
| $797K | +$13.7K | +675 | +2% |
|
|
VCM
7
Virtue Capital Management
Brentwood,
Tennessee
| $490K | +$516K | +25,535 | New |
|
|
BCM
8
BluePath Capital Management
Atlanta,
Georgia
| $474K | -$1.81M | -89,469 | -79% |
|
|
W
9
WorthPointe
La Jolla,
California
| $353K | +$67.8K | +3,351 | +22% |
|
10
Jane Street
New York
| $323K | -$57.5K | -2,841 | -15% |
|
|
OMC
11
Old Mission Capital
Chicago,
Illinois
| $228K | +$238K | +11,790 | New |
|
12
UBS Group
Zurich,
Switzerland
| $33.1K | -$34.4K | -1,700 | -50% |
|
13
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$40 | +2 | New |
|
ZHDG Hedge Fund Activity: Q1 2025 in Review
13 of the 7,461 institutional investors tracked by Wall St. Rank reported a position in Zega Buy & Hedge ETF (ZHDG) for Q1 2025, worth a combined $32M — down 8.9% from $35.2M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new ZHDG positions and 0 closed out — a net gain of 3 holders — while 3 added to existing stakes and 7 trimmed.
The largest buyer was Allen Capital Group, adding an estimated $1.37M. The largest seller was BluePath Capital Management, cutting an estimated $1.81M.
- 13 institutional investors held Zega Buy & Hedge ETF (ZHDG) as of Q1 2025, up from 10 in Q4 2024.
- Funds reported $32M of Zega Buy & Hedge ETF stock for Q1 2025, down 8.9% quarter-over-quarter.
- 3 funds opened new Zega Buy & Hedge ETF positions in Q1 2025 and 0 closed out, a net change of +3 holders.
- The largest Zega Buy & Hedge ETF buyer in Q1 2025 was Allen Capital Group, an estimated $1.37M added.
- The largest Zega Buy & Hedge ETF seller in Q1 2025 was BluePath Capital Management, an estimated $1.81M sold.
Based on aggregated 13F filings for Q1 2025.