Nicholas Global Equity and Income

GIAX • ARCX

Nicholas Global Equity and Income is a publicly traded company on ARCX. As of Q3 2025, 10 institutional investors hold shares in this company, with total holdings valued at $35.3M. BluePath Capital Management, LLC is the largest holder with a position valued at $31.8M.

Overview

Overview of institutional ownership in GIAX as of Q3 2025

All Institutions

Institutions: 10
Value Held: $35.3M
Shares Held: 2.0M
Avg Position: $3.5M
Median Position: $382.4K

Hedge Funds

Hedge Funds: 1
Value Held: $205.8K
Shares Held: 11.8K
Avg Position: $205.8K
Median Position: $205.8K

Biggest Investors

Institutions with the largest positions in GIAX as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
BluePath Capital Management, LLC RIA/Wealth	Martin James Briesach Managing Partner	$31.8M 13.36% of portfolio	0.00% 1.8M shares	Q3 2024 Held for 1y 2m	$237.7M
AE Wealth Management LLC RIA/Wealth	David James Callanan CEO	$1.1M 0.01% of portfolio	0.00% 65.7K shares	Q4 2024 Held for 11 months	$15.2B
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	-	$740.0K 0.00% of portfolio	0.00% 42.4K shares	Q4 2024 Held for 11 months	$67.9B
J JANE STREET GROUP, LLC Institution	-	$475.3K 0.00% of portfolio	0.00% 27.2K shares	Q1 2025 Held for 8 months	$84.1B
ZEGA Investments, LLC RIA/Wealth	John Alexander Pestrichelli CEO	$453.4K 0.10% of portfolio	0.00% 26.0K shares	Q1 2025 Held for 8 months	$433.7M
SMART Wealth LLC RIA/Wealth	David Andrew Brooks CEO	$311.4K 0.12% of portfolio	0.00% 17.8K shares	Q3 2024 Held for 1y 2m	$250.6M
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	Kenneth Cordele Griffin CEO	$205.8K 0.00% of portfolio	0.00% 11.8K shares	Q2 2025 Held for 5 months	$122.08B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$135.2K 0.00% of portfolio	0.00% 7.7K shares	Q3 2025 Held for 2 months	$1.33T
Wealth Watch Advisors, INC RIA/Wealth	William Earl Gastl Managing Partner	$70.7K 0.03% of portfolio	0.00% 4.0K shares	Q3 2025 Held for 2 months	$221.3M
FMR LLC Institution	-	$2.9K 0.00% of portfolio	0.00% 165.0 shares	Q3 2025 Held for 2 months	$1.92T

Net Capital Flow

Institutional buying and selling activity for GIAX in Q3 2025

Traded: +$3.7M
Buyers: 8
Sellers: 3
Total Bought: +$4.0M
Total Sold: −$238.3K
Avg Position: $2.9M

Biggest Buyers

Institution	Net Bought	Current Position
BluePath Capital Management, LLC RIA/Wealth	+$2.6M +148.4K shares	$31.8M 1.8M shares
J JANE STREET GROUP, LLC Institution	+$475.3K +27.2K shares	$475.3K 27.2K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	+$466.7K +26.7K shares	$740.0K 42.4K shares
AE Wealth Management LLC RIA/Wealth	+$178.1K +10.2K shares	$1.1M 65.7K shares
BANK OF AMERICA CORP /DE/ Institution	+$135.2K +7.7K shares	$135.2K 7.7K shares
Wealth Watch Advisors, INC RIA/Wealth	+$70.7K +4.0K shares	$70.7K 4.0K shares
ZEGA Investments, LLC RIA/Wealth	+$47.8K +2.7K shares	$453.4K 26.0K shares
FMR LLC Institution	+$2.9K +165.0 shares	$2.9K 165.0 shares

Biggest Sellers

Institution	Net Sold	Current Position
SMART Wealth LLC RIA/Wealth	−$205.7K −11.8K shares	$311.4K 17.8K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	−$24.8K −1.4K shares	Sold Off 0 shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$7.9K −451.0 shares	$205.8K 11.8K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited GIAX in Q3 2025

New Positions: 2
New Value: $205.9K
Exited Positions: 1
Exited Value: $24.8K

New Positions

Institution	Position Value
BANK OF AMERICA CORP /DE/ Institution	$135.2K 7.7K shares
Wealth Watch Advisors, INC RIA/Wealth	$70.7K 4.0K shares

Exited Positions

Institution	Previous Position
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$24.8K 1.4K shares

Options Activity

Institutions with the largest Call and Put options positions in GIAX as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with GIAX as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
BluePath Capital Management, LLC RIA/Wealth	Martin James Briesach Managing Partner	13.36% $31.8M	0.00% 1.8M shares	Q3 2024 Held for 1y 2m	$237.7M
SMART Wealth LLC RIA/Wealth	David Andrew Brooks CEO	0.12% $311.4K	0.00% 17.8K shares	Q3 2024 Held for 1y 2m	$250.6M
ZEGA Investments, LLC RIA/Wealth	John Alexander Pestrichelli CEO	0.10% $453.4K	0.00% 26.0K shares	Q1 2025 Held for 8 months	$433.7M
Wealth Watch Advisors, INC RIA/Wealth	William Earl Gastl Managing Partner	0.03% $70.7K	0.00% 4.0K shares	Q3 2025 Held for 2 months	$221.3M
AE Wealth Management LLC RIA/Wealth	David James Callanan CEO	0.01% $1.1M	0.00% 65.7K shares	Q4 2024 Held for 11 months	$15.2B
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	-	0.00% $740.0K	0.00% 42.4K shares	Q4 2024 Held for 11 months	$67.9B
J JANE STREET GROUP, LLC Institution	-	0.00% $475.3K	0.00% 27.2K shares	Q1 2025 Held for 8 months	$84.1B
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	Kenneth Cordele Griffin CEO	0.00% $205.8K	0.00% 11.8K shares	Q2 2025 Held for 5 months	$122.08B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	0.00% $135.2K	0.00% 7.7K shares	Q3 2025 Held for 2 months	$1.33T
FMR LLC Institution	-	0.00% $2.9K	0.00% 165.0 shares	Q3 2025 Held for 2 months	$1.92T

Hedge Fund Spotlight

Discover hedge funds investing in GIAX

CITADEL ADVISORS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerKenneth Cordele Griffin

Portfolio Value: $122.08B
Positions: 5,531
Last Reported: Q3 2025

Sector Allocation

Position in Nicholas Global Equity and Income

Market Value: $205.8K
Shares Held: 11.8K
Portfolio Weight: 0.00%
Owned Since: 2025-Q2

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$2.1B	1.68%
2 Nvidia NVDA	Semiconductors Technology	$1.8B	1.50%
3 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$1.4B	1.18%