The unanimous accumulation by four RIAs suggests growing conviction in the ETF's active country-rotation strategy. Monitor next 13F season for continuation or reversal of this trend — a sustained build would signal institutional validation of the strategy.
Executive Summary
Four asset managers accumulated $28.9M in CORO during Q3 2026, with Wealth Enhancement Advisory Services nearly doubling its position. The buying is unanimous and concentrated among registered investment advisors, suggesting a shared thesis around the ETF's country-rotation strategy.
Key Financial Metrics
Institutional Positions
Net institutional flow: $28.9M
▲ Buyers (4)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Farther Finance Advisors | ADD | +41.1% | $22.2M | $6.4M |
| Wealth Enhancement Advisory Services | DOUBLED | +145.4% | $25.5M | $15.1M |
| Concurrent Investment Advisors | ADD | +37.2% | $10.3M | $2.7M |
| Assetmark | ADD | +47.9% | $14.8M | $4.7M |
Key Facts
- 4 institutions added $28.9M in net new holdings, bringing total tracked ownership to $72.9M
- Wealth Enhancement Advisory Services doubled its position (+145.4%, +$15.1M)
- No institutional sellers in the cluster — unanimous accumulation
- All buyers are asset managers / RIAs, not passive index funds
Financial Impact
4 institutions accumulated $28.9M in new CORO positions during Q3 2026, with total tracked holdings reaching $72.9M. No institutional selling was recorded.
Risk Factors
- 13F data is 45+ days stale; positions may have been partially or fully unwound since quarter-end
- All buyers are asset managers, not hedge funds or activists — signal is moderate conviction, not transformative
- The ETF's active strategy may underperform passive benchmarks in a momentum-driven market
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-CORO-2026-Q3 |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers