Meridian Mega Cap Equity

SIXA • ARCA

Meridian Mega Cap Equity is an exchange-traded fund on ARCA. As of Q3 2025, 16 institutional investors hold shares in this ETF, with total holdings valued at $419.6M. HighTower Advisors, LLC is the largest holder with a position valued at $352.2M.

Overview

Overview of institutional ownership in SIXA as of Q3 2025

All Institutions

Institutions: 16
Value Held: $419.6M
Shares Held: 8.4M
Avg Position: $26.2M
Median Position: $1.8M

Hedge Funds

Hedge Funds: 1
Value Held: $3.4M
Shares Held: 67.9K
Avg Position: $3.4M
Median Position: $3.4M

Biggest Investors

Institutions with the largest positions in SIXA as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
HighTower Advisors, LLC RIA/Wealth	Robert David Oros CEO	$352.2M 0.40% of portfolio	7.1M shares	Q4 2022 Held for 2y 11m	$87.7B
MAINSTAY CAPITAL MANAGEMENT LLC /ADV RIA/Wealth	David Paul Kudla CEO	$45.8M 4.59% of portfolio	921.4K shares	Q1 2025 Held for 8 months	$997.6M
Cambridge Investment Research Advisors, Inc. RIA/Wealth	Amy Lynn Webber CEO	$3.9M 0.01% of portfolio	79.2K shares	Q2 2025 Held for 5 months	$33.5B
Clear Creek Financial Management, LLC RIA/Wealth	Erik Lawrence Krom CEO	$3.9M 0.34% of portfolio	77.7K shares	Q1 2025 Held for 8 months	$1.1B
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	Scott David Hoffman CEO	$3.4M 0.01% of portfolio	67.9K shares	Q3 2025 Held for 2 months	$62.0B
FIFTH THIRD SECURITIES, INC. RIA/Wealth	Timothy Lyons Managing Partner	$2.8M 0.19% of portfolio	56.4K shares	Q4 2024 Held for 11 months	$1.5B
Mariner Wealth Advisors, LLC RIA/Wealth	Martin Christopher Bicknell CEO	$2.1M 0.00% of portfolio	42.2K shares	Q2 2023 Held for 2y 5m	$77.3B
BRIGHTON JONES LLC RIA/Wealth	Jon David Jones CEO	$2.0M 0.05% of portfolio	41.2K shares	Q1 2022 Held for 3y 8m	$4.2B
G GTS SECURITIES LLC Institution	-	$1.5M 0.06% of portfolio	29.5K shares	Q2 2024 Held for 1y 5m	$2.5B
A Advisor Group Holdings, Inc. Institution	-	$628.9K 0.00% of portfolio	12.6K shares	Q1 2025 Held for 8 months	$71.0B

Net Capital Flow

Institutional buying and selling activity for SIXA in Q3 2025

Traded: −$136.6M
Buyers: 9
Sellers: 9
Total Bought: +$26.6M
Total Sold: −$163.3M
Avg Position: $20.0M

Biggest Buyers

Institution	Net Bought	Current Position
HighTower Advisors, LLC RIA/Wealth	+$21.8M +438.7K shares	$352.2M 7.1M shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$3.4M +67.9K shares	$3.4M 67.9K shares
G GTS SECURITIES LLC Institution	+$570.8K +11.5K shares	$1.5M 29.5K shares
Perigon Wealth Management, LLC RIA/Wealth	+$427.2K +8.6K shares	$427.2K 8.6K shares
JPMORGAN CHASE & CO Institution	+$260.8K +5.3K shares	$298.0K 6.0K shares
FIFTH THIRD SECURITIES, INC. RIA/Wealth	+$92.1K +1.9K shares	$2.8M 56.4K shares
A Advisor Group Holdings, Inc. Institution	+$81.2K +1.6K shares	$628.9K 12.6K shares
HARBOUR INVESTMENTS, INC. RIA/Wealth	+$22.6K +454.0 shares	$131.4K 2.6K shares
N NATIONAL BANK OF CANADA /FI/ Institution	+$3.8K +76.0 shares	$3.8K 76.0 shares

Biggest Sellers

Institution	Net Sold	Current Position
MAINSTAY CAPITAL MANAGEMENT LLC /ADV RIA/Wealth	−$160.3M −3.2M shares	$45.8M 921.4K shares
Clear Creek Financial Management, LLC RIA/Wealth	−$1.4M −28.9K shares	$3.9M 77.7K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$684.5K −14.1K shares	Sold Off 0 shares
GOLDMAN SACHS GROUP INC Institution	−$258.8K −5.3K shares	Sold Off 0 shares
BANK OF AMERICA CORP /DE/ Institution	−$236.9K −4.9K shares	Sold Off 0 shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$212.6K −4.4K shares	Sold Off 0 shares
FORESIGHT CAPITAL MANAGEMENT ADVISORS, INC. RIA/Wealth	−$78.9K −1.6K shares	$474.1K 9.5K shares
Cambridge Investment Research Advisors, Inc. RIA/Wealth	−$48.2K −970.0 shares	$3.9M 79.2K shares
MORGAN STANLEY RIA/Wealth	−$54.0 −1.0 shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 3
New Value: $3.8M
Exited Positions: 5
Exited Value: $1.4M

New Positions

Institution	Position Value
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	$3.4M 67.9K shares
Perigon Wealth Management, LLC RIA/Wealth	$427.2K 8.6K shares
N NATIONAL BANK OF CANADA /FI/ Institution	$3.8K 76.0 shares

Exited Positions

Institution	Previous Position
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$684.5K 14.1K shares
GOLDMAN SACHS GROUP INC Institution	$258.8K 5.3K shares
BANK OF AMERICA CORP /DE/ Institution	$236.9K 4.9K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$212.6K 4.4K shares
MORGAN STANLEY RIA/Wealth	$54.0 1.0 shares

Options Activity

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
MAINSTAY CAPITAL MANAGEMENT LLC /ADV RIA/Wealth	David Paul Kudla CEO	4.59% $45.8M	921.4K shares	Q1 2025 Held for 8 months	$997.6M
HighTower Advisors, LLC RIA/Wealth	Robert David Oros CEO	0.40% $352.2M	7.1M shares	Q4 2022 Held for 2y 11m	$87.7B
Clear Creek Financial Management, LLC RIA/Wealth	Erik Lawrence Krom CEO	0.34% $3.9M	77.7K shares	Q1 2025 Held for 8 months	$1.1B
FORESIGHT CAPITAL MANAGEMENT ADVISORS, INC. RIA/Wealth	Laurie Sue Stegenga President	0.27% $474.1K	9.5K shares	Q2 2025 Held for 5 months	$176.8M
FIFTH THIRD SECURITIES, INC. RIA/Wealth	Timothy Lyons Managing Partner	0.19% $2.8M	56.4K shares	Q4 2024 Held for 11 months	$1.5B
G GTS SECURITIES LLC Institution	-	0.06% $1.5M	29.5K shares	Q2 2024 Held for 1y 5m	$2.5B
BRIGHTON JONES LLC RIA/Wealth	Jon David Jones CEO	0.05% $2.0M	41.2K shares	Q1 2022 Held for 3y 8m	$4.2B
Cambridge Investment Research Advisors, Inc. RIA/Wealth	Amy Lynn Webber CEO	0.01% $3.9M	79.2K shares	Q2 2025 Held for 5 months	$33.5B
Perigon Wealth Management, LLC RIA/Wealth	Arthur John Ambarik CEO	0.01% $427.2K	8.6K shares	Q3 2025 Held for 2 months	$4.9B
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	Scott David Hoffman CEO	0.01% $3.4M	67.9K shares	Q3 2025 Held for 2 months	$62.0B

Hedge Fund Spotlight

Discover hedge funds investing in SIXA

TWO SIGMA INVESTMENTS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerScott David Hoffman

Portfolio Value: $62.0B
Positions: 3,252
Last Reported: Q3 2025

Sector Allocation

Position in Meridian Mega Cap Equity

Market Value: $3.4M
Shares Held: 67.9K
Portfolio Weight: 0.01%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 SPDR S&P 500 ETF Trust SPY	ETF ETF	$680.4M	1.10%
2 Financial Select Sector SPDR Fund XLF	ETF ETF	$582.6M	0.94%
3 Consumer Staples Select Sector SPDR Fund XLP	ETF ETF	$489.6M	0.79%