Zega Buy & Hedge ETF
ZHDG
14 hedge funds and large institutions have $32.8M invested in Zega Buy & Hedge ETF in 2025 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and closing their positions.
30.85% more ownership
Funds ownership: 71.92% → 102.78% (+31%)
8% more funds holding
Funds holding: 13 → 14 (+1)
3% more capital invested
Capital invested by funds: $32M → $32.8M (+$811K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.67M |
| 2 |
GS
GTS Securities
Miami,
Florida
|
+$388K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$150K |
| 4 |
OAS
Optivise Advisory Services
Franklin,
Tennessee
|
+$80.3K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$36.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZI
ZEGA Investments
Palm Beach Gardens,
Florida
|
-$2.42M |
| 2 |
ACG
Allen Capital Group
Grand Island,
Nebraska
|
-$1.51M |
| 3 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
-$398K |
| 4 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
-$227K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$20.7K |
ZHDG Hedge Fund Activity: Q2 2025 in Review
14 of the 7,616 institutional investors tracked by Wall St. Rank reported a position in Zega Buy & Hedge ETF (ZHDG) for Q2 2025, worth a combined $32.8M — up 2.5% from $32M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new ZHDG positions and 0 closed out — a net gain of 1 holder — while 5 added to existing stakes and 7 trimmed.
The largest buyer was Jane Street, adding an estimated $1.67M. The largest seller was ZEGA Investments, cutting an estimated $2.42M.
- 14 institutional investors held Zega Buy & Hedge ETF (ZHDG) as of Q2 2025, up from 13 in Q1 2025.
- Funds reported $32.8M of Zega Buy & Hedge ETF stock for Q2 2025, up 2.5% quarter-over-quarter.
- 1 fund opened new Zega Buy & Hedge ETF positions in Q2 2025 and 0 closed out, a net change of +1 holder.
- The largest Zega Buy & Hedge ETF buyer in Q2 2025 was Jane Street, an estimated $1.67M added.
- The largest Zega Buy & Hedge ETF seller in Q2 2025 was ZEGA Investments, an estimated $2.42M sold.
Based on aggregated 13F filings for Q2 2025.