Formidable Fortress

KONG • ARCA

Formidable Fortress is an exchange-traded fund on ARCA. As of Q3 2025, 2 institutional investors hold shares in this ETF, with total holdings valued at $19.7M. BBK Capital Partners, LLC is the largest holder with a position valued at $19.6M.

Overview

Overview of institutional ownership in KONG as of Q3 2025

All Institutions

Institutions: 2
Value Held: $19.7M
Shares Held: 665.4K
Avg Position: $9.9M
Median Position: $9.9M

Hedge Funds

Hedge Funds: 0
Value Held: -
Shares Held: -
Avg Position: -
Median Position: -

Biggest Investors

Institutions with the largest positions in KONG as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BBK Capital Partners, LLC ETF Provider	William Bush Brown CEO	$19.6M 3.10% of portfolio	662.1K shares	Q3 2021 Held for 4y 2m	$632.9M
UBS Group AG Institution	Sergio P. Ermotti CEO	$99.8K 0.00% of portfolio	3.3K shares	Q2 2025 Held for 5 months	$511.54B
G GTS SECURITIES LLC Institution	-	- 0.00% of portfolio	- shares	Q1 2025 Held for 8 months	$2.5B

Net Capital Flow

Institutional buying and selling activity for KONG in Q3 2025

Traded: −$2.3M
Buyers: 1
Sellers: 2
Total Bought: +$59.1K
Total Sold: −$2.3M
Avg Position: $6.6M

Biggest Buyers

Institution	Net Bought	Current Position
UBS Group AG Institution	+$59.1K +1.9K shares	$99.8K 3.3K shares

Biggest Sellers

Institution	Net Sold	Current Position
B BBK Capital Partners, LLC ETF Provider	−$1.8M −61.3K shares	$19.6M 662.1K shares
G GTS SECURITIES LLC Institution	−$517.4K −17.5K shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 0
New Value: -
Exited Positions: 1
Exited Value: $517.4K

New Positions

Institution	Position Value
No new positions found

Exited Positions

Institution	Previous Position
G GTS SECURITIES LLC Institution	$517.4K 17.5K shares

Options Activity

Institutions with the largest Call and Put options positions in KONG 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 KONG as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
B BBK Capital Partners, LLC ETF Provider	William Bush Brown CEO	3.10% $19.6M	662.1K shares	Q3 2021 Held for 4y 2m	$632.9M
UBS Group AG Institution	Sergio P. Ermotti CEO	0.00% $99.8K	3.3K shares	Q2 2025 Held for 5 months	$511.54B
G GTS SECURITIES LLC Institution	-	0.00% -	- shares	Q1 2025 Held for 8 months	$2.5B