Meridian Hedged Equity Index Option

SIXH • ARCA

Meridian Hedged Equity Index Option is an exchange-traded fund on ARCA. As of Q3 2025, 15 institutional investors hold shares in this ETF, with total holdings valued at $480.7M. HighTower Advisors, LLC is the largest holder with a position valued at $472.6M.

Overview

Overview of institutional ownership in SIXH as of Q3 2025

All Institutions

Institutions: 15
Value Held: $480.7M
Shares Held: 12.4M
Avg Position: $32.0M
Median Position: $171.4K

Hedge Funds

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

Biggest Investors

Institutions with the largest positions in SIXH as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
HighTower Advisors, LLC RIA/Wealth	Robert David Oros CEO	$472.6M 0.54% of portfolio	12.2M shares	Q4 2022 Held for 3 years	$87.7B
Janney Montgomery Scott LLC RIA/Wealth	Anthony Matthew Miller CEO	$5.4M 0.01% of portfolio	140.2K shares	Q1 2025 Held for 9 months	$40.0B
BRIGHTON JONES LLC RIA/Wealth	Jon David Jones CEO	$984.0K 0.02% of portfolio	25.4K shares	Q1 2022 Held for 3y 9m	$4.2B
Wealth Alliance Advisory Group, LLC RIA/Wealth	Gary Winfield Decker CEO	$650.9K 0.12% of portfolio	16.8K shares	Q1 2025 Held for 9 months	$554.4M
Aspen Wealth Strategies, LLC RIA/Wealth	Amber Kelly Anderson CEO	$294.3K 0.16% of portfolio	7.6K shares	Q4 2022 Held for 3 years	$178.6M
O OLD MISSION CAPITAL LLC Institution	-	$257.3K 0.01% of portfolio	6.7K shares	Q1 2025 Held for 9 months	$2.4B
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$217.8K 0.00% of portfolio	5.6K shares	Q2 2025 Held for 6 months	$342.01B
PNC FINANCIAL SERVICES GROUP, INC. Institution	William S. Demchak CEO	$171.4K 0.00% of portfolio	4.4K shares	Q3 2024 Held for 1y 3m	$164.84B
CoreCap Advisors, LLC RIA/Wealth	Jason Raymond Steeno President	$63.6K 0.00% of portfolio	1.6K shares	Q1 2024 Held for 1y 9m	$2.7B
UBS Group AG Institution	Sergio P. Ermotti CEO	$30.8K 0.00% of portfolio	796.0 shares	Q3 2025 Held for 3 months	$511.60B

Net Capital Flow

Institutional buying and selling activity for SIXH in Q3 2025

Traded: −$87.5M
Buyers: 9
Sellers: 5
Total Bought: +$10.4M
Total Sold: −$97.9M
Avg Position: $28.3M

Biggest Buyers

Institution	Net Bought	Current Position
HighTower Advisors, LLC RIA/Wealth	+$10.2M +263.5K shares	$472.6M 12.2M shares
Janney Montgomery Scott LLC RIA/Wealth	+$123.0K +3.2K shares	$5.4M 140.2K shares
UBS Group AG Institution	+$30.8K +796.0 shares	$30.8K 796.0 shares
A Advisor Group Holdings, Inc. Institution	+$19.6K +500.0 shares	$25.5K 649.0 shares
JPMORGAN CHASE & CO Institution	+$15.5K +400.0 shares	$15.5K 400.0 shares
BANK OF AMERICA CORP /DE/ Institution	+$10.9K +283.0 shares	$10.9K 283.0 shares
PRINCIPAL SECURITIES, INC. RIA/Wealth	+$1.2K +32.0 shares	$11.6K 299.0 shares
MORGAN STANLEY RIA/Wealth	+$43.0 +1.0 shares	$43.0 1.0 shares
CoreCap Advisors, LLC RIA/Wealth	+$38.7 +1.0 shares	$63.6K 1.6K shares

Biggest Sellers

Institution	Net Sold	Current Position
MAINSTAY CAPITAL MANAGEMENT LLC /ADV RIA/Wealth	−$97.6M −2.5M shares	Sold Off 0 shares
O OLD MISSION CAPITAL LLC Institution	−$215.0K −5.6K shares	$257.3K 6.7K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	−$73.7K −1.9K shares	Sold Off 0 shares
Aspen Wealth Strategies, LLC RIA/Wealth	−$23.2K −600.0 shares	$294.3K 7.6K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	−$12.8K −331.0 shares	$217.8K 5.6K shares

Entry and Exit Activity

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

New Positions: 2
New Value: $26.4K
Exited Positions: 2
Exited Value: $97.6M

New Positions

Institution	Position Value
JPMORGAN CHASE & CO Institution	$15.5K 400.0 shares
BANK OF AMERICA CORP /DE/ Institution	$10.9K 283.0 shares

Exited Positions

Institution	Previous Position
MAINSTAY CAPITAL MANAGEMENT LLC /ADV RIA/Wealth	$97.6M 2.5M shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$73.7K 1.9K shares

Options Activity

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
HighTower Advisors, LLC RIA/Wealth	Robert David Oros CEO	0.54% $472.6M	12.2M shares	Q4 2022 Held for 3 years	$87.7B
Aspen Wealth Strategies, LLC RIA/Wealth	Amber Kelly Anderson CEO	0.16% $294.3K	7.6K shares	Q4 2022 Held for 3 years	$178.6M
Wealth Alliance Advisory Group, LLC RIA/Wealth	Gary Winfield Decker CEO	0.12% $650.9K	16.8K shares	Q1 2025 Held for 9 months	$554.4M
BRIGHTON JONES LLC RIA/Wealth	Jon David Jones CEO	0.02% $984.0K	25.4K shares	Q1 2022 Held for 3y 9m	$4.2B
Janney Montgomery Scott LLC RIA/Wealth	Anthony Matthew Miller CEO	0.01% $5.4M	140.2K shares	Q1 2025 Held for 9 months	$40.0B
O OLD MISSION CAPITAL LLC Institution	-	0.01% $257.3K	6.7K shares	Q1 2025 Held for 9 months	$2.4B
CoreCap Advisors, LLC RIA/Wealth	Jason Raymond Steeno President	0.00% $63.6K	1.6K shares	Q1 2024 Held for 1y 9m	$2.7B
PRINCIPAL SECURITIES, INC. RIA/Wealth	Michael Francis Murray CEO	0.00% $11.6K	299.0 shares	Q2 2025 Held for 6 months	$5.9B
PNC FINANCIAL SERVICES GROUP, INC. Institution	William S. Demchak CEO	0.00% $171.4K	4.4K shares	Q3 2024 Held for 1y 3m	$164.84B
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	0.00% $217.8K	5.6K shares	Q2 2025 Held for 6 months	$342.01B