Volatility Premium Plus ETF
ZVOL
2 hedge funds and large institutions have $484K invested in Volatility Premium Plus ETF in 2025 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, reducing their positions, and 1 closing their positions.
147% more call options, than puts
Call options by funds: $91.7M | Put options by funds: $37.1M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.17% less ownership
Funds ownership: 3.69% → 3.52% (-0.17%)
12% less capital invested
Capital invested by funds: $552K → $484K (-$68.6K)
33% less funds holding
Funds holding: 3 → 2 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cohalo Advisory
Snoqualmie,
Washington
|
+$122K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$45.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$203K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
1
Cohalo Advisory
Snoqualmie,
Washington
| $254K | +$122K | +10,900 | +88% |
|
|
FTUS
2
Flow Traders U.S.
New York
| $230K | +$45.6K | +4,074 | +24% |
|
|
3
Jane Street
New York
| – | -$203K | -17,062 | Closed |
|
ZVOL Hedge Fund Activity: Q4 2025 in Review
2 of the 8,226 institutional investors tracked by Wall St. Rank reported a position in Volatility Premium Plus ETF (ZVOL) for Q4 2025, worth a combined $484K — down 12% from $552K a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of ZVOL and 0 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 2 added.
The largest buyer was Cohalo Advisory, adding an estimated $122K. The largest seller was Jane Street, exiting entirely with an estimated $203K sold.
- 2 institutional investors held Volatility Premium Plus ETF (ZVOL) as of Q4 2025, down from 3 in Q3 2025.
- Funds reported $484K of Volatility Premium Plus ETF stock for Q4 2025, down 12% quarter-over-quarter.
- 0 funds opened new Volatility Premium Plus ETF positions in Q4 2025 and 1 closed out, a net change of -1 holder.
- The largest Volatility Premium Plus ETF buyer in Q4 2025 was Cohalo Advisory, an estimated $122K added.
- The largest Volatility Premium Plus ETF seller in Q4 2025 was Jane Street, an estimated $203K sold.
Based on aggregated 13F filings for Q4 2025.