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Which hedge funds own MSOS? ADVISORSHARES TR, Q2 2026 13F holders

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19 of the hedge funds tracked by WhaleCreep disclosed a position in MSOS (ADVISORSHARES TR) in their Q2 2026 13F filings, worth $138.2m in total. The largest holder by portfolio weight is Anson Funds Management LP at 5.6% of its book. 4 managers opened a new position this quarter: Manatuck Hill Partners, LLC, Elequin Capital, LP, Militia Capital Management LLC, Centiva Capital, LP. 3 exited: Ground Swell Capital, LLC, Millennium Management LLC, Quinn Opportunity Partners LLC.

19tracked managers holding
4opened this quarter
3exited this quarter

Who discovered MSOS first?

Earliest meaningful positions among the 8 tracked managers we observed opening MSOS since Q3 2021.

1 Eminence Capital, LP First reported Q3 2021 · ≥1% from Q1 2024 0.6%initial weight · $44.2m Exitedby Q2 2025 · held 15q -92%stock since Q3 2021

Weight of Eminence Capital, LP's 13F book in MSOS, by quarter

0%1%2%Q3 2021 · 0.6% of book · $44.2mQ4 2021 · 0.9% of book · $68.6mQ1 2022 · 0.9% of book · $57.3mQ2 2022 · 0.6% of book · $30.6mQ3 2022 · 0.6% of book · $26.0mQ4 2022 · 0.4% of book · $22.1mQ1 2023 · 0.4% of book · $26.1mQ2 2023 · 0.5% of book · $29.9mQ3 2023 · 0.9% of book · $47.7mQ4 2023 · 0.9% of book · $45.5mQ1 2024 · 1.1% of book · $60.1mQ2 2024 · 0.5% of book · $29.9mQ3 2024 · 0.5% of book · $32.4mQ4 2024 · 0.1% of book · $7.9mQ1 2025 · 0.1% of book · $3.9m2022202320242025
  • 1.1% peak weight, Q1 2024
  • $68.6m peak reported value
  • 15 quarters held
  • 18q before the median tracked entry

The stock's split-adjusted price moved -92% between Q3 2021 and Q1 2025, the last quarter this manager reported the position.

2 Montanova Capital, LLC First reported Q3 2025 1.0%initial weight · $34.3m 1.0%still holding · 4q +6%stock since Q3 2025

Weight of Montanova Capital, LLC's 13F book in MSOS, by quarter

0%1%2%Q3 2025 · 1.0% of book · $34.3mQ4 2025 · 1.0% of book · $40.9mQ1 2026 · 0.9% of book · $32.1mQ2 2026 · 1.0% of book · $49.5m2026
  • 1.0% peak weight, Q3 2025
  • $49.5m peak reported value
  • 4 quarters held
  • 2q before the median tracked entry

The stock's split-adjusted price moved +6% from Q3 2025 to Q2 2026.

18 managers already held MSOS when our coverage of them began

Anson Funds Management LP (Q1 2026), Kazazian Asset Management, LLC (Q1 2026), Intrinsic Edge Capital Management LLC (Q1 2026), Sender CO & Partners, Inc. (Q1 2026), JW Asset Management, LLC (Q1 2026), Scoggin Management LP (Q1 2026), Black Maple Capital Management LP (Q1 2026), Fny Investment Advisers, LLC (Q1 2026), Wexford Capital LP (Q1 2026), Lighthouse Investment Partners, LLC (Q1 2026), Boothbay Fund Management, LLC (Q1 2026), Parallax Volatility Advisers, L.P. (Q1 2026), Caption Management, LLC (Q1 2026), Citadel Advisors LLC (Q1 2026), Ground Swell Capital, LLC (Q1 2026), Millennium Management LLC (Q1 2026), Quinn Opportunity Partners LLC (Q1 2026), Two Seas Capital LP (Q1 2026).

Their first filing on record already includes MSOS, so when they first bought it is unknown. They are not ranked above.

View discovery timeline
  1. Early holdersQ3 2021 – Q2 20251 new tracked holder · 0.0% of tracked managers holding at the end
  2. Established ownershipQ3 2025 – now7 new tracked holders · 1.6% of tracked managers holding now
Early holdersEstablished ownershiptracked universe expands →Split-adjusted price$5% of tracked managers holding0%5%New holders per 100 tracked managers05Q3 2021 · 1 of 68 tracked managers hold (1.5%) · 1 newQ4 2021 · 1 of 71 tracked managers hold (1.4%) · 0 newQ1 2022 · 1 of 71 tracked managers hold (1.4%) · 0 newQ2 2022 · 1 of 71 tracked managers hold (1.4%) · 0 newQ3 2022 · 1 of 71 tracked managers hold (1.4%) · 0 newQ4 2022 · 1 of 70 tracked managers hold (1.4%) · 0 newQ1 2023 · 1 of 70 tracked managers hold (1.4%) · 0 newQ2 2023 · 1 of 70 tracked managers hold (1.4%) · 0 newQ3 2023 · 1 of 70 tracked managers hold (1.4%) · 0 newQ4 2023 · 1 of 70 tracked managers hold (1.4%) · 0 newQ1 2024 · 1 of 70 tracked managers hold (1.4%) · 0 newQ2 2024 · 1 of 70 tracked managers hold (1.4%) · 0 newQ3 2024 · 1 of 70 tracked managers hold (1.4%) · 0 newQ4 2024 · 1 of 69 tracked managers hold (1.4%) · 0 newQ1 2025 · 1 of 68 tracked managers hold (1.5%) · 0 newQ2 2025 · 0 of 68 tracked managers hold (0.0%) · 0 newQ3 2025 · price $4.79 · 3 of 68 tracked managers hold (4.4%) · 3 newQ4 2025 · price $4.72 · 1 of 68 tracked managers hold (1.5%) · 0 newQ1 2026 · price $3.55 · 19 of 1200 tracked managers hold (1.6%) · 0 newQ2 2026 · price $5.08 · 19 of 1185 tracked managers hold (1.6%) · 4 newQ3 2025 · first reported: Montanova Capital, LLC20222023202420252026

Dots mark the ranked managers' first reported quarters. Price is the quarter-end price implied by 13F filings, split-adjusted, shown from Q3 2025 where the series is continuous. Coverage widened in Q1 2026 from about a hundred managers to over a thousand, so holders and new holders are shown relative to the managers filing each quarter.

How this is calculated

13F filings are quarterly snapshots of long US-listed equity positions. They do not show exact purchase dates, intra-quarter trading, short positions, most derivatives, or a manager's actual performance. "First reported" is the first quarter-end filing that shows the position.

A manager is ranked only if we observed it filing, without MSOS, within two quarters before its first position. Ranking is by the first quarter the position reached 1% of the manager's 13F book in a run of at least 2 filings, then by peak weight. "High conviction" means a peak weight of at least 5%.

Stock changes are the split-adjusted change in the quarter-end price implied by 13F filings, excluding dividends. They describe the stock over the period, not the return any manager earned. Phases are cut where the share of tracked managers holding MSOS passed one third and two thirds of its peak.

Which hedge funds hold MSOS? Current holders by portfolio weight

ManagerAs ofWeight of bookValueSharesΔ sharesAction
Anson Funds Management LPQ2 2026 5.6%$61.7m12,136,662 -26% reduced
Kazazian Asset Management, LLCQ2 2026 2.4%$2.7m526,554 0% held
Montanova Capital, LLCQ2 2026 1.0%$49.5m9,738,524 8% added
Intrinsic Edge Capital Management LLCQ2 2026 0.5%$4.1m800,000 -29% reduced
Sender CO & Partners, Inc.Q2 2026 0.3%$823.4k162,091 -81% reduced
JW Asset Management, LLCQ2 2026 0.2%$787.4k155,000 94% added
Scoggin Management LPQ2 2026 0.2%$1.0m200,000 -47% reduced
Black Maple Capital Management LPQ2 2026 0.2%$330.2k65,000 0% held
Manatuck Hill Partners, LLCQ2 2026 0.2%$461.0k90,750 new
Elequin Capital, LPQ2 2026 0.1%$4.0m788,113 new
Militia Capital Management LLCQ2 2026 0.1%$380.0k74,800 new
Fny Investment Advisers, LLCQ2 2026 0.1%$179.0k35,409 -66% reduced
Wexford Capital LPQ2 2026 0.0%$292.4k57,564 -29% reduced
Lighthouse Investment Partners, LLCQ2 2026 0.0%$1.2m237,067 0% held
Boothbay Fund Management, LLCQ2 2026 0.0%$1.7m343,722 25% added
Parallax Volatility Advisers, L.P.Q2 2026 0.0%$768.9k151,353 0% held
Centiva Capital, LPQ2 2026 0.0%$381.0k75,000 new
Caption Management, LLCQ2 2026 0.0%$300.2k59,100 47% added
Citadel Advisors LLCQ2 2026 0.0%$7.6m1,502,265 96% added

Exited since the previous quarter

ManagerPrior weightPrior value
Ground Swell Capital, LLC0.1%$61.4k
Millennium Management LLC0.0%$1.2m
Quinn Opportunity Partners LLC0.1%$193.8k

Held in a manager's last filing on record

These managers have not filed for the latest quarter; their last disclosure is dated.

ManagerLast filingWeight
ancora_advisorsQ2 20260.0%
renaissanceQ2 20260.0%

How has hedge fund ownership of MSOS changed?

QuarterManagers holdingCombined value
Q2 202621$139.1m
Q1 202621$120.4m
Q4 20252$41.0m
Q3 20254$41.7m
Q2 20251$19.3k
Q1 20252$3.9m
Q4 20242$7.9m
Q3 20243$32.8m
Q2 20243$30.3m
Q1 20243$60.7m
Q4 20233$46.0m
Q3 20233$48.6m
Q2 20233$30.6m
Q1 20232$26.1m
Q4 20222$22.2m
Q3 20223$26.3m

Counts every tracked manager that disclosed MSOS in that quarter's filing, including managers that have since stopped filing.