Leatherback Long/Short Alternative Yield ETF (LBAY)

Market Cap: $42M

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

50% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 2

11% more funds holding

Funds holding: 9 [Q1] → 10 (+1) [Q2]

1.77% more ownership

Funds ownership: 75.79% [Q1] → 77.56% (+1.77%) [Q2]

1% less capital invested

Capital invested by funds: $33.4M [Q1] → $33M (-$426K) [Q2]

33% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 3