ZHDG · Zega Buy And Hedge ETF ETF

$24.04 +0.08 (+0.32%) At close · Sep 4

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Quarter:

Holders: 14

Total Value: $36,738,931

Total Shares: 1,739,533

Institutional Ownership Trend

19 quarters

Holder Concentration

Across 14 13F filers · Δ vs Dec 31, 2025

Top Holder

59.6%

+5.6 pts

Top 5

86.6%

−0.7 pts

Top 10

96.6%

−0.3 pts

HHI

3,825

Highly concentrated+535

Quarterly Activity

vs Dec 31, 2025

New

Increased

Decreased

Sold Out

Unchanged

Holder count: -1

Institutional value: -6.9%

Shares held: -0.3%

Top Buyers

vs Dec 31, 2025

Institution	Added	Now Holds
Small ZEGA Investments, LLC	+94,547	1,036,383
Micro Wealth Watch Advisors, INC	+65,901	207,459
Mid OLD MISSION CAPITAL LLC	+10,713	32,075
Micro Authentikos Wealth Advisory, LLC	+5,319	33,001
Mega JANE STREET GROUP, LLC	+229	15,197

Top Sellers

vs Dec 31, 2025

Institution	Sold	Now Holds
Small Allen Capital Group, LLC	−99,077	169,173
Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP	−18,719	47,546
Micro WorthPointe, LLC	−9,636	22,269
Small Nicholas Wealth, LLC.	−3,266	21,582
Micro Optivise Advisory Services LLC	−246	41,731

Top New Positions

vs Dec 31, 2025

Institution	Acquired	Value (USD)	Open
Small Virtue Capital Management, LLC	45,797	$967,232
Mid CreativeOne Wealth, LLC	25,327	$534,906

Top Sold-Out Positions

vs Dec 31, 2025

Institution	Previously Held	Last Value (USD)
Small Coppell Advisory Solutions LLC	104,876	$2,373,239
Mid GTS SECURITIES LLC	16,788	$379,895
Mega UBS Group AG	130	$2,941

Filter: New 2 Increased 6 Reduced 5 Sold out 3 Unchanged 1

Showing 14 of 14

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

ZEGA Investments, LLC ZHDG

$21,888,408

59.58%

1,036,383

Wealth Watch Advisors, INC ZHDG

$4,381,534

11.93%

207,459

Allen Capital Group, LLC ZHDG

$3,572,933

9.73%

169,173

SUSQUEHANNA INTERNATIONAL GROUP, LLP ZHDG

$1,004,171

2.73%

47,546

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
G1 EXECUTION SERVICES, LLC	47,546	$1,004,171	100.0%	Other

Virtue Capital Management, LLC ZHDG

$967,232

2.63%

45,797

Royal Fund Management, LLC ZHDG

$886,871

2.41%

41,992

Optivise Advisory Services LLC ZHDG

$881,358

2.40%

41,731

Authentikos Wealth Advisory, LLC ZHDG

$696,981

1.90%

33,001

OLD MISSION CAPITAL LLC ZHDG

$677,424

1.84%

32,075

CreativeOne Wealth, LLC ZHDG

$534,906

1.46%

25,327

WorthPointe, LLC ZHDG

$470,321

1.28%

22,269

Nicholas Wealth, LLC. ZHDG

$455,811

1.24%

21,582

JANE STREET GROUP, LLC ZHDG

$320,960

0.87%

15,197

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	15,197	$320,960	100.0%	Defined

MORGAN STANLEY ZHDG

$21

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY SMITH BARNEY LLC	1	$21	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Manager 24796	104,876	$2,373,239	100.0%	Sole

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Securities LLC	130	$2,941	100.0%	Defined