Main Sector Rotation

SECT • BATS

Main Sector Rotation is an exchange-traded fund focused on the wholesale-misc durable goods sector on BATS. As of Q3 2025, 106 institutional investors hold shares in this ETF, with total holdings valued at $2.3B. CLS Investments, LLC is the largest holder with a position valued at $1.1B.

WHOLESALE-MISC DURABLE GOODS

Country

United States of America

Overview

Overview of institutional ownership in SECT as of Q3 2025

All Institutions

Institutions: 106
Value Held: $2.3B
Shares Held: 35.9M
Avg Position: $21.3M
Median Position: $746.7K

Hedge Funds

Hedge Funds: 3
Value Held: $27.4M
Shares Held: 434.2K
Avg Position: $9.1M
Median Position: $2.3M

Biggest Investors

Institutions with the largest positions in SECT as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
C CLS Investments, LLC Institution	-	$1.1B 8.77% of portfolio	17.4M shares	Q2 2025 Held for 5 months	$12.5B
A Advisor Group Holdings, Inc. Institution	-	$409.4M 0.58% of portfolio	6.5M shares	Q1 2020 Held for 5y 8m	$71.0B
L LPL Financial LLC Institution	-	$235.0M 0.07% of portfolio	3.7M shares	Q2 2018 Held for 7y 5m	$340.07B
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$78.8M 0.02% of portfolio	1.2M shares	Q4 2018 Held for 6y 11m	$341.99B
POTOMAC FUND MANAGEMENT INC /ADV Long Only Manager	Manish Kumar Khatta CEO	$50.2M 2.14% of portfolio	797.1K shares	Q4 2024 Held for 11 months	$2.3B
Change Path, LLC RIA/Wealth	Martin Joseph Pfannenstiel President	$41.7M 1.07% of portfolio	661.6K shares	Q3 2022 Held for 3y 2m	$3.9B
Integrated Wealth Concepts LLC RIA/Wealth	Paul Anton Saganey Founder	$36.8M 0.33% of portfolio	584.6K shares	Q4 2023 Held for 1y 11m	$11.1B
GeoWealth Management, LLC RIA/Wealth	Colin James Falls CEO	$33.3M 1.22% of portfolio	528.8K shares	Q1 2023 Held for 2y 8m	$2.7B
Madrona Financial Services, LLC Private Equity	Jared Corey Kushner CEO	$27.1M 5.98% of portfolio	429.2K shares	Q1 2023 Held for 2y 8m	$452.1M
Main Management LLC Hedge Fund•Multi-Strategy	Kim David Arthur CEO	$24.7M 1.99% of portfolio	391.2K shares	Q3 2017 Held for 8y 2m	$1.2B

Net Capital Flow

Institutional buying and selling activity for SECT in Q3 2025

Traded: +$49.8M
Buyers: 54
Sellers: 48
Total Bought: +$116.9M
Total Sold: −$67.1M
Avg Position: $20.0M

Biggest Buyers

Institution	Net Bought	Current Position
L LPL Financial LLC Institution	+$48.6M +770.5K shares	$235.0M 3.7M shares
Cetera Investment Advisers RIA/Wealth	+$12.8M +203.5K shares	$22.8M 361.3K shares
Gibbs Wealth Management RIA/Wealth	+$9.8M +155.3K shares	$11.6M 183.8K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	+$9.8M +154.8K shares	$78.8M 1.2M shares
Ausdal Financial Partners, Inc. RIA/Wealth	+$8.0M +127.2K shares	$8.0M 127.2K shares
Change Path, LLC RIA/Wealth	+$5.8M +91.6K shares	$41.7M 661.6K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	+$3.8M +60.3K shares	$4.1M 64.6K shares
V Virtue Capital Management, LLC RIA/Wealth	+$2.9M +45.8K shares	$2.9M 45.8K shares
BAM Wealth Management, LLC RIA/Wealth	+$1.6M +26.1K shares	$1.6M 26.1K shares
V Virtu Financial LLC Institution	+$1.6M +25.3K shares	$1.6M 25.3K shares

Biggest Sellers

Institution	Net Sold	Current Position
Feltz Wealth PLAN Inc. RIA/Wealth	−$18.6M −320.1K shares	Sold Off 0 shares
A Advisor Group Holdings, Inc. Institution	−$10.5M −167.0K shares	$409.4M 6.5M shares
C CLS Investments, LLC Institution	−$7.3M −116.6K shares	$1.1B 17.4M shares
Envestnet Portfolio Solutions, Inc. Long Only Manager	−$6.6M −104.2K shares	$5.6M 88.5K shares
Integrated Wealth Concepts LLC RIA/Wealth	−$4.5M −71.0K shares	$36.8M 584.6K shares
Eqis Capital Management, Inc. RIA/Wealth	−$2.8M −48.5K shares	Sold Off 0 shares
GWN SECURITIES INC. RIA/Wealth	−$2.8M −43.7K shares	$2.4M 38.4K shares
Discipline Wealth Solutions, LLC RIA/Wealth	−$1.9M −29.6K shares	$206.4K 3.3K shares
Encompass More Asset Management RIA/Wealth	−$1.4M −21.6K shares	$12.7M 201.6K shares
O OLD MISSION CAPITAL LLC Institution	−$1.0M −17.6K shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 13
New Value: $14.9M
Exited Positions: 7
Exited Value: $24.0M

New Positions

Institution	Position Value
Ausdal Financial Partners, Inc. RIA/Wealth	$8.0M 127.2K shares
V Virtue Capital Management, LLC RIA/Wealth	$2.9M 45.8K shares
BAM Wealth Management, LLC RIA/Wealth	$1.6M 26.1K shares
Keystone Financial Group RIA/Wealth	$626.7K 9.9K shares
Savvy Advisors, Inc. RIA/Wealth	$393.2K 6.2K shares
Western Wealth Management, LLC RIA/Wealth	$380.2K 6.0K shares
Mach-1 Financial Group, Inc. RIA/Wealth	$237.2K 3.8K shares
Integrity Advisory Solutions, LLC RIA/Wealth	$237.2K 3.8K shares
Summit Financial, LLC RIA/Wealth	$219.3K 3.5K shares
W Waterfront Wealth Inc. RIA/Wealth	$208.3K 3.3K shares

Exited Positions

Institution	Previous Position
Feltz Wealth PLAN Inc. RIA/Wealth	$18.6M 320.1K shares
Eqis Capital Management, Inc. RIA/Wealth	$2.8M 48.5K shares
O OLD MISSION CAPITAL LLC Institution	$1.0M 17.6K shares
RFG Advisory Group, LLC RIA/Wealth	$606.0K 10.4K shares
Financial Advocates Investment Management RIA/Wealth	$496.9K 8.6K shares
J JANE STREET GROUP, LLC Institution	$259.4K 4.5K shares
TOWNSQUARE CAPITAL LLC RIA/Wealth	$239.5K 4.1K shares

Options Activity

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
C Copley Financial Group, Inc. RIA/Wealth	Matthew David Copley President	12.76% $18.6M	295.5K shares	Q3 2024 Held for 1y 2m	$145.9M
C CLS Investments, LLC Institution	-	8.77% $1.1B	17.4M shares	Q2 2025 Held for 5 months	$12.5B
Madrona Financial Services, LLC Private Equity	Jared Corey Kushner CEO	5.98% $27.1M	429.2K shares	Q1 2023 Held for 2y 8m	$452.1M
D Defined Financial Planning LLC RIA/Wealth	James Barber Twining CEO	5.55% $6.5M	102.7K shares	Q4 2024 Held for 11 months	$118.0M
Gibbs Wealth Management RIA/Wealth	Daniel Roy Mowery President	2.62% $11.6M	183.8K shares	Q1 2024 Held for 1y 8m	$441.9M
Echo45 Advisors LLC RIA/Wealth	Jon E Henderson Founder	2.57% $4.4M	69.5K shares	Q4 2024 Held for 11 months	$170.6M
Encompass More Asset Management RIA/Wealth	Brock Michael Mckinley Chairman	2.56% $12.7M	201.6K shares	Q4 2023 Held for 1y 11m	$496.6M
POTOMAC FUND MANAGEMENT INC /ADV Long Only Manager	Manish Kumar Khatta CEO	2.14% $50.2M	797.1K shares	Q4 2024 Held for 11 months	$2.3B
CFC Planning Co LLC Private Equity	Andrew David Lindner Managing Partner	2.10% $2.5M	39.7K shares	Q4 2024 Held for 11 months	$119.0M
Main Management LLC Hedge Fund•Multi-Strategy	Kim David Arthur CEO	1.99% $24.7M	391.2K shares	Q3 2017 Held for 8y 2m	$1.2B

Hedge Fund Spotlight

Discover hedge funds investing in SECT

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 Main Sector Rotation

Market Value: $2.3M
Shares Held: 37.2K
Portfolio Weight: 0.00%
Owned Since: 2023-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%