Teucrium Wheat Fund

WEAT • ARCA

Teucrium Wheat Fund is a commodity contracts brokers & dealers company on ARCA. As of Q3 2025, 25 institutional investors hold shares in this company, with total holdings valued at $16.6M. PenderFund Capital Management Ltd. is the largest holder with a position valued at $14.3M.

COMMODITY CONTRACTS BROKERS & DEALERS

Country

United States of America

Overview

Overview of institutional ownership in WEAT as of Q3 2025

All Institutions

Institutions: 25
Value Held: $16.6M
Shares Held: 4.0M
Avg Position: $665.6K
Median Position: $47.4K

Hedge Funds

Hedge Funds: 1
Value Held: $379.4K
Shares Held: 92.3K
Avg Position: $379.4K
Median Position: $379.4K

Biggest Investors

Institutions with the largest positions in WEAT as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
P PenderFund Capital Management Ltd. Institution	-	$14.3M 5.62% of portfolio	0.00% 3.5M shares	Q3 2025 Held for 2 months	$254.4M
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	Kenneth Cordele Griffin CEO	$379.4K 0.00% of portfolio	0.00% 92.3K shares	Q4 2022 Held for 2y 11m	$122.08B
Revisor Wealth Management LLC RIA/Wealth	Landon Ray Jones CEO	$308.2K 0.11% of portfolio	0.00% 75.4K shares	Q4 2024 Held for 11 months	$289.7M
Mariner Wealth Advisors, LLC RIA/Wealth	Martin Christopher Bicknell CEO	$245.8K 0.00% of portfolio	0.00% 59.8K shares	Q3 2025 Held for 2 months	$77.3B
IMC-Chicago, LLC RIA/Wealth	Donald Louis Michael CEO	$221.6K 0.00% of portfolio	0.00% 53.9K shares	Q2 2025 Held for 5 months	$5.6B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$218.2K 0.00% of portfolio	0.00% 53.1K shares	Q2 2023 Held for 2y 5m	$1.56T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$139.2K 0.00% of portfolio	0.00% 33.9K shares	Q4 2022 Held for 2y 11m	$1.65T
Ancora Advisors, LLC RIA/Wealth	Frederick David Disanto CEO	$123.3K 0.00% of portfolio	0.00% 30.0K shares	Q2 2023 Held for 2y 5m	$5.0B
S SPROTT INC. Institution	-	$105.1K 0.00% of portfolio	0.00% 25.6K shares	Q3 2025 Held for 2 months	$2.7B
T TWO SIGMA SECURITIES, LLC Institution	-	$87.7K 0.01% of portfolio	0.00% 21.3K shares	Q2 2025 Held for 5 months	$675.6M

Net Capital Flow

Institutional buying and selling activity for WEAT in Q3 2025

Traded: +$13.3M
Buyers: 15
Sellers: 15
Total Bought: +$15.3M
Total Sold: −$2.0M
Avg Position: $489.4K

Biggest Buyers

Institution	Net Bought	Current Position
P PenderFund Capital Management Ltd. Institution	+$14.3M +3.5M shares	$14.3M 3.5M shares
Mariner Wealth Advisors, LLC RIA/Wealth	+$245.8K +59.8K shares	$245.8K 59.8K shares
Revisor Wealth Management LLC RIA/Wealth	+$182.6K +44.7K shares	$308.2K 75.4K shares
JPMORGAN CHASE & CO Institution	+$157.4K +38.3K shares	$218.2K 53.1K shares
S SPROTT INC. Institution	+$105.1K +25.6K shares	$105.1K 25.6K shares
S Strategic Financial Concepts, LLC RIA/Wealth	+$51.8K +12.6K shares	$51.8K 12.6K shares
G GK Wealth Management LLC Institution	+$45.4K +11.1K shares	$45.4K 11.1K shares
Vawter Financial, Ltd. RIA/Wealth	+$44.4K +10.8K shares	$44.4K 10.8K shares
Encompass More Asset Management RIA/Wealth	+$41.8K +-1.4M shares	$41.8K 10.2K shares
$US BANCORP \DE\ logo$ US BANCORP \DE\ Institution	+$41.1K +10.0K shares	$41.1K 10.0K shares

Biggest Sellers

Institution	Net Sold	Current Position
G GROUP ONE TRADING, L.P. Institution	−$1.0M −225.6K shares	Sold Off 0 shares
Verity Asset Management, Inc. RIA/Wealth	−$258.0K −58.1K shares	Sold Off 0 shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$203.9K −49.6K shares	$379.4K 92.3K shares
W WOLVERINE TRADING, LLC Institution	−$164.5K −36.7K shares	Sold Off 0 shares
S Squarepoint Ops LLC Hedge Fund•Quant	−$134.5K −30.3K shares	Sold Off 0 shares
IMC-Chicago, LLC RIA/Wealth	−$88.8K −21.6K shares	$221.6K 53.9K shares
MORGAN STANLEY RIA/Wealth	−$75.5K −18.4K shares	$139.2K 33.9K shares
HighTower Advisors, LLC RIA/Wealth	−$44.8K −10.1K shares	Sold Off 0 shares
UBS Group AG Institution	−$14.6K −3.6K shares	$20.3K 4.9K shares
A Advisor Group Holdings, Inc. Institution	−$12.9K −3.1K shares	$82.6K 19.7K shares

Entry and Exit Activity

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

New Positions: 7
New Value: $14.8M
Exited Positions: 9
Exited Value: $1.6M

New Positions

Institution	Position Value
P PenderFund Capital Management Ltd. Institution	$14.3M 3.5M shares
Mariner Wealth Advisors, LLC RIA/Wealth	$245.8K 59.8K shares
S Strategic Financial Concepts, LLC RIA/Wealth	$51.8K 12.6K shares
G GK Wealth Management LLC Institution	$45.4K 11.1K shares
Vawter Financial, Ltd. RIA/Wealth	$44.4K 10.8K shares
$US BANCORP \DE\ logo$ US BANCORP \DE\ Institution	$41.1K 10.0K shares
PIN OAK INVESTMENT ADVISORS INC RIA/Wealth	$28.8K 7.0K shares

Exited Positions

Institution	Previous Position
G GROUP ONE TRADING, L.P. Institution	$1.0M 225.6K shares
Verity Asset Management, Inc. RIA/Wealth	$258.0K 58.1K shares
W WOLVERINE TRADING, LLC Institution	$164.5K 36.7K shares
S Squarepoint Ops LLC Hedge Fund•Quant	$134.5K 30.3K shares
HighTower Advisors, LLC RIA/Wealth	$44.8K 10.1K shares
Richardson Capital Management LLC RIA/Wealth	$11.1K 2.5K shares
R Ronald Blue Trust, Inc. Institution	$4.4K 1.0K shares
T TD Waterhouse Canada Inc. Institution	$1.3K 286.0 shares
Ameritas Advisory Services, LLC RIA/Wealth	$799.0 180.0 shares

Options Activity

Institutions with the largest Call and Put options positions in WEAT as of Q3 2025

Call Positions: 5
Call Value: $534.2K
Put Positions: 2
Put Value: $263.0K

Call Positions

Institution	Position Value
W WOLVERINE TRADING, LLC Institution	$251.4K 600.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$132.3K 322.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$92.9K 226.0 contracts
J JANE STREET GROUP, LLC Institution	$57.5K 140.0 contracts
Brookwood Investment Group LLC RIA/Wealth	- - contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$263.0K 640.0 contracts
W WOLVERINE TRADING, LLC Institution	- - contracts

Most Committed Institutions

Institutions with WEAT as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
P PenderFund Capital Management Ltd. Institution	-	5.62% $14.3M	0.00% 3.5M shares	Q3 2025 Held for 2 months	$254.4M
Revisor Wealth Management LLC RIA/Wealth	Landon Ray Jones CEO	0.11% $308.2K	0.00% 75.4K shares	Q4 2024 Held for 11 months	$289.7M
G GK Wealth Management LLC Institution	-	0.03% $45.4K	0.00% 11.1K shares	Q3 2025 Held for 2 months	$133.8M
E EQUITEC PROPRIETARY MARKETS, LLC Institution	-	0.02% $4.1K	0.00% 1.0K shares	Q4 2022 Held for 2y 11m	$16.8M
PIN OAK INVESTMENT ADVISORS INC RIA/Wealth	James Barrett Rouse President	0.02% $28.8K	0.00% 7.0K shares	Q3 2025 Held for 2 months	$139.8M
Vawter Financial, Ltd. RIA/Wealth	Gary Lynn Vawter President	0.02% $44.4K	0.00% 10.8K shares	Q3 2025 Held for 2 months	$220.3M
T TWO SIGMA SECURITIES, LLC Institution	-	0.01% $87.7K	0.00% 21.3K shares	Q2 2025 Held for 5 months	$675.6M
Encompass More Asset Management RIA/Wealth	Brock Michael Mckinley Chairman	0.01% $41.8K	0.00% 10.2K shares	Q1 2025 Held for 8 months	$496.6M
S Strategic Financial Concepts, LLC RIA/Wealth	Reagan Lee Wagner Managing Partner	0.01% $51.8K	0.00% 12.6K shares	Q3 2025 Held for 2 months	$685.3M
IMC-Chicago, LLC RIA/Wealth	Donald Louis Michael CEO	0.00% $221.6K	0.00% 53.9K shares	Q2 2025 Held for 5 months	$5.6B

Hedge Fund Spotlight

Discover hedge funds investing in WEAT

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 Teucrium Wheat Fund

Market Value: $379.4K
Shares Held: 92.3K
Portfolio Weight: 0.00%
Owned Since: 2022-Q4

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%