Zega Buy & Hedge ETF (ZHDG)

Market Cap: $33M

Fund manager confidence

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

0.88% less ownership

Funds ownership: 120.51% [Q1] → 119.62% (-0.88%) [Q2]

23% less capital invested

Capital invested by funds: $52.3M [Q1] → $40.4M (-$11.8M) [Q2]

25% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 4

31% less funds holding

Funds holding: 13 [Q1] → 9 (-4) [Q2]

33% less funds holding in top 10

Funds holding in top 10: 3 [Q1] → 2 (-1) [Q2]

67% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 6