Simplify Multi-QIS Alternative

QIS • ARCA

Simplify Multi-QIS Alternative is an exchange-traded fund on ARCA. As of Q3 2025, 10 institutional investors hold shares in this ETF, with total holdings valued at $91.9M. Simplify Asset Management Inc. is the largest holder with a position valued at $88.7M.

Overview

Overview of institutional ownership in QIS as of Q3 2025

All Institutions

Institutions: 10
Value Held: $91.9M
Shares Held: 4.8M
Avg Position: $9.2M
Median Position: $348.5K

Hedge Funds

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

Biggest Investors

Institutions with the largest positions in QIS as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
S Simplify Asset Management Inc. Institution	-	$88.7M 5.65% of portfolio	4.6M shares	Q4 2023 Held for 1y 11m	$1.6B
O OLD MISSION CAPITAL LLC Institution	-	$844.7K 0.04% of portfolio	44.1K shares	Q3 2025 Held for 2 months	$2.4B
Matrix Trust Co RIA/Wealth	Michael David Wik Managing Partner	$810.9K 0.13% of portfolio	42.3K shares	Q3 2024 Held for 1y 2m	$626.3M
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$568.3K 0.00% of portfolio	29.7K shares	Q1 2025 Held for 8 months	$341.99B
Legacy Wealth Managment, LLC/ID RIA/Wealth	Edwin Kyu Sung Ryu Member	$435.8K 0.20% of portfolio	22.7K shares	Q3 2024 Held for 1y 2m	$213.7M
Altiora Financial Group, LLC RIA/Wealth	Derek Rogell Tinnin Managing Partner	$261.3K 0.05% of portfolio	13.6K shares	Q1 2025 Held for 8 months	$546.7M
D DRIVE WEALTH MANAGEMENT, LLC RIA/Wealth	Lowell Charles Crabb President	$250.8K 0.05% of portfolio	13.1K shares	Q2 2025 Held for 5 months	$469.0M
A Advisor Group Holdings, Inc. Institution	-	$25.9K 0.00% of portfolio	1.3K shares	Q3 2023 Held for 2y 2m	$71.0B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$2.2K 0.00% of portfolio	115.0 shares	Q4 2024 Held for 11 months	$1.65T
UBS Group AG Institution	Sergio P. Ermotti CEO	$1.2K 0.00% of portfolio	60.0 shares	Q2 2025 Held for 5 months	$511.54B

Net Capital Flow

Institutional buying and selling activity for QIS in Q3 2025

Traded: +$10.3M
Buyers: 7
Sellers: 6
Total Bought: +$14.4M
Total Sold: −$4.1M
Avg Position: $6.6M

Biggest Buyers

Institution	Net Bought	Current Position
S Simplify Asset Management Inc. Institution	+$13.4M +700.0K shares	$88.7M 4.6M shares
O OLD MISSION CAPITAL LLC Institution	+$844.7K +44.1K shares	$844.7K 44.1K shares
Legacy Wealth Managment, LLC/ID RIA/Wealth	+$69.5K +3.6K shares	$435.8K 22.7K shares
D DRIVE WEALTH MANAGEMENT, LLC RIA/Wealth	+$45.8K +2.4K shares	$250.8K 13.1K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	+$26.5K +1.4K shares	$568.3K 29.7K shares
A Advisor Group Holdings, Inc. Institution	+$1.1K +56.0 shares	$25.9K 1.3K shares
UBS Group AG Institution	+$690.0 +36.0 shares	$1.2K 60.0 shares

Biggest Sellers

Institution	Net Sold	Current Position
F Financial Enhancement Group LLC RIA/Wealth	−$2.7M −128.5K shares	Sold Off 0 shares
Twelve Points Wealth Management LLC RIA/Wealth	−$974.8K −44.3K shares	Sold Off 0 shares
Collaborative Wealth Managment Inc. RIA/Wealth	−$202.0K −9.2K shares	Sold Off 0 shares
Altiora Financial Group, LLC RIA/Wealth	−$182.2K −9.5K shares	$261.3K 13.6K shares
Matrix Trust Co RIA/Wealth	−$46.4K −2.4K shares	$810.9K 42.3K shares
BANK OF MONTREAL /CAN/ Institution	−$990.0 −45.0 shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 1
New Value: $844.7K
Exited Positions: 4
Exited Value: $3.9M

New Positions

Institution	Position Value
O OLD MISSION CAPITAL LLC Institution	$844.7K 44.1K shares

Exited Positions

Institution	Previous Position
F Financial Enhancement Group LLC RIA/Wealth	$2.7M 128.5K shares
Twelve Points Wealth Management LLC RIA/Wealth	$974.8K 44.3K shares
Collaborative Wealth Managment Inc. RIA/Wealth	$202.0K 9.2K shares
BANK OF MONTREAL /CAN/ Institution	$990.0 45.0 shares

Options Activity

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
S Simplify Asset Management Inc. Institution	-	5.65% $88.7M	4.6M shares	Q4 2023 Held for 1y 11m	$1.6B
Legacy Wealth Managment, LLC/ID RIA/Wealth	Edwin Kyu Sung Ryu Member	0.20% $435.8K	22.7K shares	Q3 2024 Held for 1y 2m	$213.7M
Matrix Trust Co RIA/Wealth	Michael David Wik Managing Partner	0.13% $810.9K	42.3K shares	Q3 2024 Held for 1y 2m	$626.3M
D DRIVE WEALTH MANAGEMENT, LLC RIA/Wealth	Lowell Charles Crabb President	0.05% $250.8K	13.1K shares	Q2 2025 Held for 5 months	$469.0M
Altiora Financial Group, LLC RIA/Wealth	Derek Rogell Tinnin Managing Partner	0.05% $261.3K	13.6K shares	Q1 2025 Held for 8 months	$546.7M
O OLD MISSION CAPITAL LLC Institution	-	0.04% $844.7K	44.1K shares	Q3 2025 Held for 2 months	$2.4B
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	0.00% $568.3K	29.7K shares	Q1 2025 Held for 8 months	$341.99B
A Advisor Group Holdings, Inc. Institution	-	0.00% $25.9K	1.3K shares	Q3 2023 Held for 2y 2m	$71.0B
UBS Group AG Institution	Sergio P. Ermotti CEO	0.00% $1.2K	60.0 shares	Q2 2025 Held for 5 months	$511.54B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	0.00% $2.2K	115.0 shares	Q4 2024 Held for 11 months	$1.65T