Brinsmere Fund Conservative

TBFC • ARCA

Brinsmere Fund Conservative is an exchange-traded fund on ARCA. As of Q3 2025, 2 institutional investors hold shares in this ETF, with total holdings valued at $332.6M. Estate Counselors, LLC is the largest holder with a position valued at $332.4M.

Overview

Overview of institutional ownership in TBFC as of Q3 2025

All Institutions

Institutions: 2
Value Held: $332.6M
Shares Held: 11.9M
Avg Position: $166.3M
Median Position: $166.3M

Hedge Funds

Hedge Funds: 1
Value Held: $200.5K
Shares Held: 7.2K
Avg Position: $200.5K
Median Position: $200.5K

Biggest Investors

Institutions with the largest positions in TBFC as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
E Estate Counselors, LLC Institution	-	$332.4M 28.54% of portfolio	11.9M shares	Q1 2024 Held for 1y 8m	$1.2B
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	Kenneth Cordele Griffin CEO	$200.5K 0.00% of portfolio	7.2K shares	Q3 2025 Held for 2 months	$122.08B

Net Capital Flow

Institutional buying and selling activity for TBFC in Q3 2025

Traded: +$89.5K
Buyers: 1
Sellers: 1
Total Bought: +$200.5K
Total Sold: −$111.1K
Avg Position: $166.3M

Biggest Buyers

Institution	Net Bought	Current Position
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$200.5K +7.2K shares	$200.5K 7.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
E Estate Counselors, LLC Institution	−$111.1K −4.0K shares	$332.4M 11.9M shares

Entry and Exit Activity

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

New Positions: 1
New Value: $200.5K
Exited Positions: 0
Exited Value: -

New Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$200.5K 7.2K shares

Exited Positions

Institution	Previous Position
No exited positions found

Options Activity

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
E Estate Counselors, LLC Institution	-	28.54% $332.4M	11.9M shares	Q1 2024 Held for 1y 8m	$1.2B
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	Kenneth Cordele Griffin CEO	0.00% $200.5K	7.2K shares	Q3 2025 Held for 2 months	$122.08B

Hedge Fund Spotlight

Discover hedge funds investing in TBFC

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 Brinsmere Fund Conservative

Market Value: $200.5K
Shares Held: 7.2K
Portfolio Weight: 0.00%
Owned Since: 2025-Q3

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%