Vault-13

TIDAL ETF TR ZHDG

ZEGA BUY AND HED · ETP · CUSIP 886364660

16 institutional holders +2 vs Q1 2026
1,776,9721.8m shares reported held*
$41.8mreported value*
3 new 4 added 8 reduced 1 sold out net bought ≈ $881.0k (+37.4k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $23.52.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

01020Q3 22: 13Q4 22: 12Q1 23: 13Q2 23: 12Q3 23: 11Q4 23: 16Q1 24: 14Q2 24: 12Q3 24: 13Q4 24: 11Q1 25: 14Q2 25: 15Q3 25: 11Q4 25: 15Q1 26: 14Q2 26: 1616Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202213
Q4 202212
Q1 202313
Q2 202312
Q3 202311
Q4 202316
Q1 202414
Q2 202412
Q3 202413
Q4 202411
Q1 202514
Q2 202515
Q3 202511
Q4 202515
Q1 202614
Q2 202616

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q3 24: 5 bought or addedQ3 24: 9 cut or sold outQ4 24: 3 bought or addedQ4 24: 8 cut or sold outQ4 24Q1 25: 6 bought or addedQ1 25: 7 cut or sold outQ2 25: 7 bought or addedQ2 25: 6 cut or sold outQ2 25Q3 25: 4 bought or addedQ3 25: 9 cut or sold outQ4 25: 11 bought or addedQ4 25: 4 cut or sold outQ4 25Q1 26: 8 bought or addedQ1 26: 8 cut or sold outQ2 26: 7 bought or addedQ2 26: 9 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202459
Q4 202438
Q1 202567
Q2 202576
Q3 202549
Q4 2025114
Q1 202688
Q2 202679

Biggest buyers

Coppell Advisory Solutions LLC New +83,238+83.2k
Farther Finance Advisors, LLC New +18,181+18.2k
GTS SECURITIES LLC New +13,013+13.0k
Wealth Watch Advisors, INC Added +6,643+6.6k
Authentikos Wealth Advisory, LLC Added +6,582+6.6k
JANE STREET GROUP, LLC Added +4,419+4.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +3,883+3.9k

Biggest sellers

ZEGA Investments, LLC Reduced -33,511-33.5k
WorthPointe, LLC Sold out -22,269-22.3k
Allen Capital Group, LLC Reduced -16,713-16.7k
OLD MISSION CAPITAL LLC Reduced -15,978-16.0k
Virtue Capital Management, LLC Reduced -5,438-5.4k
Royal Fund Management, LLC Reduced -2,913-2.9k
CreativeOne Wealth, LLC Reduced -1,159-1.2k
Nicholas Wealth, LLC. Reduced -279-279
Optivise Advisory Services LLC Reduced -260-260

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ZEGA Investments, LLC 3.93% of their portfolio PALM BEACH GARDENS, FL 1,002,8721.0m $23.6m $23.6m 3.93% Reduced -33.5k -33,511
2 Wealth Watch Advisors, INC 1.64% of their portfolio ENGLEWOOD, CO 214,102214.1k $5.0m $5.0m 1.64% Added +6.6k +6,643
3 Allen Capital Group, LLC 0.29% of their portfolio GRAND ISLAND, NE 152,460152.5k $3.6m $3.6m 0.29% Reduced -16.7k -16,713
4 Coppell Advisory Solutions LLC 0.16% of their portfolio COPPELL, TX 83,23883.2k $1.9m $1.9m 0.16% New
5 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 51,42951.4k $1.2m $1.2m 0.00% Added +3.9k +3,883
6 Optivise Advisory Services LLC 0.50% of their portfolio FRANKLIN, TN 41,47141.5k $975.9k $975.9k 0.50% Reduced -260 -260
7 Virtue Capital Management, LLC 0.13% of their portfolio BRENTWOOD, TN 40,35940.4k $949.8k $949.8k 0.13% Reduced -5.4k -5,438
8 Authentikos Wealth Advisory, LLC 0.59% of their portfolio MORGAN HILL, CA 39,58339.6k $931.5k $931.5k 0.59% Added +6.6k +6,582
9 Royal Fund Management, LLC 0.08% of their portfolio Lady Lake, FL 39,07939.1k $919.6k $919.6k 0.08% Reduced -2.9k -2,913
10 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 24,16824.2k $568.7k $568.7k 0.01% Reduced -1.2k -1,159
11 Nicholas Wealth, LLC. 0.27% of their portfolio MARIETTA, GA 21,30321.3k $501.3k $501.3k 0.27% Reduced -279 -279
12 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 19,61619.6k $461.6k $461.6k 0.00% Added +4.4k +4,419
13 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 18,18118.2k $427.8k $427.8k 0.00% New
14 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 16,09716.1k $378.8k $378.8k 0.01% Reduced -16.0k -15,978
15 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 13,01313.0k $306.2k $306.2k 0.01% New
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 11 $31 $31 0.00% Unchanged