Zega Buy & Hedge ETF
ZHDG
15 hedge funds and large institutions have $39.5M invested in Zega Buy & Hedge ETF in 2025 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 0 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
36% more funds holding
Funds holding: 11 → 15 (+4)
22% more capital invested
Capital invested by funds: $32.5M → $39.5M (+$6.99M)
21% more ownership
Funds ownership: 95.3% → 116.29% (+21%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZI
ZEGA Investments
Palm Beach Gardens,
Florida
|
+$3.74M |
| 2 |
WWA
Wealth Watch Advisors
Englewood,
Colorado
|
+$3.25M |
| 3 |
AWA
Authentikos Wealth Advisory
Morgan Hill,
California
|
+$635K |
| 4 |
RFM
Royal Fund Management
Lady Lake,
Florida
|
+$577K |
| 5 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$528K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Allen Capital Group
Grand Island,
Nebraska
|
-$2.1M |
| 2 |
OAS
Optivise Advisory Services
Franklin,
Tennessee
|
-$285K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$49.4K |
| 4 |
Jane Street
New York
|
-$45.7K |
ZHDG Hedge Fund Activity: Q4 2025 in Review
15 of the 8,281 institutional investors tracked by Wall St. Rank reported a position in Zega Buy & Hedge ETF (ZHDG) for Q4 2025, worth a combined $39.5M — up 22% from $32.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new ZHDG positions and 0 closed out — a net gain of 4 holders — while 7 added to existing stakes and 4 trimmed.
The largest buyer was ZEGA Investments, adding an estimated $3.74M. The largest seller was Allen Capital Group, cutting an estimated $2.1M.
- 15 institutional investors held Zega Buy & Hedge ETF (ZHDG) as of Q4 2025, up from 11 in Q3 2025.
- Funds reported $39.5M of Zega Buy & Hedge ETF stock for Q4 2025, up 22% quarter-over-quarter.
- 4 funds opened new Zega Buy & Hedge ETF positions in Q4 2025 and 0 closed out, a net change of +4 holders.
- The largest Zega Buy & Hedge ETF buyer in Q4 2025 was ZEGA Investments, an estimated $3.74M added.
- The largest Zega Buy & Hedge ETF seller in Q4 2025 was Allen Capital Group, an estimated $2.1M sold.
Based on aggregated 13F filings for Q4 2025.