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.
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)
3.52% less ownership
Funds ownership: 119.87% → 116.35% (-3.5%)
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
New York
|
+$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 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ZI
1
ZEGA Investments
Palm Beach Gardens,
Florida
| $13.8M | -$2.42M | -121,213 | -16% |
|
|
ACG
2
Allen Capital Group
Grand Island,
Nebraska
| $10.1M | -$1.51M | -75,347 | -14% |
|
|
3
Jane Street
New York
| $2.13M | +$1.67M | +83,364 | +500% |
|
|
CAS
4
Coppell Advisory Solutions
Coppell,
Texas
| $1.81M | -$398K | -19,917 | -19% |
|
|
OAS
5
Optivise Advisory Services
Franklin,
Tennessee
| $1.03M | +$80.3K | +4,015 | +9% |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $954K | -$20.7K | -1,035 | -2% |
|
|
RFM
7
Royal Fund Management
Lady Lake,
Florida
| $893K | +$14.8K | +740 | +2% |
|
|
BCM
8
BluePath Capital Management
Atlanta,
Georgia
| $512K | -$8.84K | -442 | -2% |
|
|
GS
9
GTS Securities
New York
| $413K | +$388K | +19,395 | New |
|
|
OMC
10
Old Mission Capital
Chicago,
Illinois
| $411K | +$150K | +7,492 | +64% |
|
|
W
11
WorthPointe
La Jolla,
California
| $387K | -$1.7K | -85 | -0.5% |
|
|
VCM
12
Virtue Capital Management
Brentwood,
Tennessee
| $302K | -$227K | -11,366 | -45% |
|
|
13
UBS Group
Zurich,
Switzerland
| $74.8K | +$36.1K | +1,804 | +106% |
|
ZHDG Hedge Fund Activity: Q2 2025 in Review
14 of the 7,598 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.