Z
Zega Buy & Hedge
ZHDG • ARCA
Zega Buy & Hedge is an exchange-traded fund on ARCA. As of Q3 2025, 11 institutional investors hold shares in this ETF, with total holdings valued at $33.6M. ZEGA Investments, LLC is the largest holder with a position valued at $17.7M.
Overview
Overview of institutional ownership in ZHDG as of Q3 2025
All Institutions
- Institutions
- 11
- Value Held
- $33.6M
- Shares Held
- 1.5M
- Avg Position
- $3.1M
- Median Position
- $1.2M
Hedge Funds
- Hedge Funds
- 0
- Value Held
- -
- Shares Held
- -
- Avg Position
- -
- Median Position
- -
Biggest Investors
Institutions with the largest positions in ZHDG as of Q3 2025
| Institution | Position Value |
|---|---|
 ZEGA Investments, LLC RIA/Wealth | $17.7M 4.08% of portfolio |
 Allen Capital Group, LLC RIA/Wealth | $8.2M 0.78% of portfolio |
C Coppell Advisory Solutions LLC RIA/Wealth | $1.9M 0.22% of portfolio |
 BluePath Capital Management, LLC RIA/Wealth | $1.7M 0.70% of portfolio |
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $1.4M 0.00% of portfolio |
 Optivise Advisory Services LLC RIA/Wealth | $1.2M 0.74% of portfolio |
W WorthPointe, LLC RIA/Wealth | $458.4K 0.17% of portfolio |
J JANE STREET GROUP, LLC Institution | $385.5K 0.00% of portfolio |
 Royal Fund Management, LLC RIA/Wealth | $381.8K 0.05% of portfolio |
G GTS SECURITIES LLC Institution | $277.0K 0.01% of portfolio |
Net Capital Flow
Institutional buying and selling activity for ZHDG in Q3 2025
- Traded
- −$2.8M
- Buyers
- 4
- Sellers
- 9
- Total Bought
- +$3.6M
- Total Sold
- −$6.3M
- Avg Position
- $2.4M
Biggest Buyers
| Institution | Net Bought |
|---|---|
ZEGA Investments, LLC RIA/Wealth | +$3.0M +131.3K shares |
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | +$394.0K +17.3K shares |
Optivise Advisory Services LLC RIA/Wealth | +$135.7K +6.0K shares |
W WorthPointe, LLC RIA/Wealth | +$45.5K +2.0K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
Allen Capital Group, LLC RIA/Wealth | −$2.6M −115.2K shares |
J JANE STREET GROUP, LLC Institution | −$1.9M −83.1K shares |
Royal Fund Management, LLC RIA/Wealth | −$570.3K −25.1K shares |
O OLD MISSION CAPITAL LLC Institution | −$410.9K −19.3K shares |
V Virtue Capital Management, LLC RIA/Wealth | −$301.9K −14.2K shares |
BluePath Capital Management, LLC RIA/Wealth | −$274.9K −12.1K shares |
G GTS SECURITIES LLC Institution | −$163.8K −7.2K shares |
C Coppell Advisory Solutions LLC RIA/Wealth | −$79.6K −3.5K shares |
 UBS Group AG Institution | −$27.9K −1.2K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited ZHDG in Q3 2025
- New Positions
- 0
- New Value
- -
- Exited Positions
- 3
- Exited Value
- $712.8K
New Positions
| Institution | Position Value |
|---|---|
| No new positions found | |
Exited Positions
| Institution | Previous Position |
|---|---|
O OLD MISSION CAPITAL LLC Institution | $410.9K 19.3K shares |
V Virtue Capital Management, LLC RIA/Wealth | $301.9K 14.2K shares |
 CWM, LLC RIA/Wealth | - 2.0 shares |
Options Activity
Institutions with the largest Call and Put options positions in ZHDG 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 ZHDG as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
ZEGA Investments, LLC RIA/Wealth | 4.08% $17.7M |
Allen Capital Group, LLC RIA/Wealth | 0.78% $8.2M |
Optivise Advisory Services LLC RIA/Wealth | 0.74% $1.2M |
BluePath Capital Management, LLC RIA/Wealth | 0.70% $1.7M |
C Coppell Advisory Solutions LLC RIA/Wealth | 0.22% $1.9M |
W WorthPointe, LLC RIA/Wealth | 0.17% $458.4K |
Royal Fund Management, LLC RIA/Wealth | 0.05% $381.8K |
G GTS SECURITIES LLC Institution | 0.01% $277.0K |
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | 0.00% $1.4M |
J JANE STREET GROUP, LLC Institution | 0.00% $385.5K |