Latest news with #VistaSharesTarget15BerkshireSelectIncomeETF
Yahoo
4 days ago
- Business
- Yahoo
Ackman, Druckenmiller-Tracking ETFs Are Latest Industry Gambit
(Bloomberg) -- In a crowded ETF market obsessed with attention-grabbing pitches, one idea keeps coming back: Track the trades of star investors and sell them to the masses. NYC Congestion Toll Brings In $216 Million in First Four Months Now With Colorful Blocks, Tirana's Pyramid Represents a Changing Albania The Economic Benefits of Paying Workers to Move Billionaire Steve Cohen Wants NY to Expand Taxpayer-Backed Ferry NY Wins Order Against US Funding Freeze in Congestion Fight The latest entrant comes from VistaShares, which filed this week for a suite of ETFs designed to replicate the holdings of famed money managers like Bill Ackman, Stanley Druckenmiller and Michael Burry. By combing through regulatory disclosures, the firm aims to build funds that echo the moves of these high-profile investors — a fresh spin on the long-running effort to bottle hedge-fund mystique for retail buyers. VistaShares plans to launch funds tracking the portfolios of Ackman's Pershing Square and Burry's Scion Asset Management, among others, by scouring their 13F filings or quarterly reports submitted to the Securities and Exchange Commission. The VistaShares Pershing Square Select ETF, for instance, would be composed of up to 20 stocks reflecting the publicly disclosed holdings of Ackman's firm, either directly or via derivatives including options or swaps, according to the filing. The other funds — seven in total, including two based on Druckenmiller's Duquesne family office and a Berkshire one — would employ similar strategies. But the offering from VistaShares comes with another caveat: 13F filings have an embedded lag as the money managers submit the regulatory paperwork at the end of each quarter, meaning that their strategies had already been implemented, possibly weeks prior to the public being privy to it. And whatever trend or quirk the money managers might have been looking to take advantage of may even have come to pass by that point. 'Hyper-focusing on a few select managers' holdings is interesting, but I have to question the utility of a product when there's an inherent lag to the holdings,' said Todd Sohn, senior ETF analyst at Strategas Securities. 'Managers can change their mind whenever they want, and the ETF would not necessarily reflect real-time decisions.' Still, the strategy fits into a broader push to democratize institutional-style investing in a low-cost wrapper — and standing out in a saturated field. VistaShares already runs the VistaShares Target 15 Berkshire Select Income ETF (ticker OMAH), which targets names owned by Berkshire Hathaway. Its assets have grown to above $200 million, so the issuer may be looking to replicate the success it's seen with that vehicle, said Sohn. It also is looking to soon launch the VistaShares Animal Spirits Daily 2X Strategy ETF under the ticker WILD, which would take the most popular companies — as measured by flows and assets — among amped-up single-stock ETFs and offer double-leveraged exposure on them. VistaShares runs three ETFs altogether, including OMAH, according to its website. Its co-founder, Jon McNeill, previously served as president at Tesla, and also held a stint at Lyft, the website says. The company did not respond to a request for comment. ETFs built around hedge-fund tracking have had mixed success. The Goldman Sachs Hedge Industry VIP ETF (GVIP) is one standout, with its performance handily beating the S&P 500 so far this year and its assets growing to above $325 million. On the other hand, the Intelligent Livermore ETF (LIVR), which uses AI to harness the brainpower of the investment world's most illustrious minds, holds just $17 million after having launched in September. Meanwhile, the Global X Guru Index ETF (GURU) tracks the top equity holdings of certain hedge funds — via a process also based on regulatory submissions — and the fund holds just $47 million, though it's been around since 2012. 'Investors have always been drawn to tracking 13F filings because they offer a rare glimpse into the portfolios of top fund managers,' said Bloomberg Intelligence's Athanasios Psarofagis. 'Traditionally, this hedge-fund category has been tough to crack in the ETF wrapper. ETFs in the past have tried this and it showed that investors were more interested in what these managers were doing than they are in buying the ETFs.' --With assistance from Isabelle Lee. YouTube Is Swallowing TV Whole, and It's Coming for the Sitcom Mark Zuckerberg Loves MAGA Now. Will MAGA Ever Love Him Back? Millions of Americans Are Obsessed With This Japanese Barbecue Sauce How Coach Handbags Became a Gen Z Status Symbol Will Small Business Owners Knock Down Trump's Mighty Tariffs? ©2025 Bloomberg L.P.
Business Mayor
27-04-2025
- Business
- Business Mayor
Warren Buffett's top stock picks and Berkshire Hathaway come with 15% income bonus in this new fund
In a year that hasn't been kind to many big-name stocks, Warren Buffett's Berkshire Hathaway is standing near the top. Berkshire shares have posted a 17% return year-to-date, while the S&P 500 index is down 6%. That performance places Berkshire among the top 10% of the U.S. market's large-cap leaders, and the run has been getting Buffett more attention ahead of next weekend's annual Berkshire Hathaway shareholder meeting in Omaha, Nebraska. It's also good timing for the recently launched VistaShares Target 15 Berkshire Select Income ETF (OMAH), which holds the top 20 most heavily weighted stocks in Berkshire Hathaway, as well as shares of Berkshire Hathaway. Berkshire is currently the biggest holding in the ETF, at 10.6% of the fund. Other top holdings in the ETF from among the ranks of Berkshire's biggest bets include Apple , American Express , Kroger , VeriSign , Bank of America , Citigroup , Visa and of course Coca-Cola , a long time favorite of the man known as the Oracle of Omaha. 'It's a really well-balanced portfolio chosen by the most successful investor the world has ever seen,' Adam Patti, CEO of VistaShares, said in an appearance this week on CNBC's 'ETF Edge.' Berkshire's outperformance of the S&P 500 isn't limited to 2025. Buffett's stock has tripled the performance of the market over the past year, and its 185% return over the past five years is more than double the performance of the S&P 500. Stock chart icon Berkshire Hathaway is one of 2025's top performing stocks. In addition to its long-term track record of success in the market, Berkshire Hathaway is getting a lot of attention right now for the record amount of cash Buffett is holding as he trimmed stakes in big stocks including Apple, which has proven to be a great strategy. The S&P 500 has experienced extreme short-term volatility since President Donald Trump's inauguration on January 20. Even after a recent recovery, the S&P is still down 8% since the start of Trump's second term. 'The market has been momentum driven for many years, the switch has flipped and we're looking at quality in terms of exposure, and Berkshire Hathaway has performed incredibly well this year, handily outperforming the S&P 500,' Patti said. Berkshire Hathaway famously doesn't pay a dividend, with Buffett holding firm over many decades in the belief that he can re-invest cash to create more value for shareholders. In a letter to shareholders in February, Buffett wrote that Berkshire shareholders 'can rest assured that we will forever deploy a substantial majority of their money in equities — mostly American equities.' The lack of a dividend payment has been an issue over the years for some shareholders at Berkshire who do want income from the market, according to Patti, who added that his firm conducted research among investors in designing the ETF. 'Who doesn't want to invest like Buffett, but with income?' he said. So, in addition to being tied to the performance of Berkshire and the stock picks of Buffett, the VistaShares Target 15 Berkshire Select Income ETF is designed to produce income of 15% annually through a strategy of selling call options and distributing monthly payments of 1.25% to shareholders. This income strategy has become more popular in the ETF space, with more asset managers launching funds to capture income opportunities and more investors adopting the approach amid market volatility. READ SOURCE
Yahoo
27-04-2025
- Business
- Yahoo
VistaShares Announces March 2025 Distribution for OMAH ETF
SAN FRANCISCO & BOSTON & NEW YORK, March 26, 2025--(BUSINESS WIRE)--VistaShares, an innovative asset manager seeking to disrupt the status quo in thematic exposures, income investing, and more, is today announcing the March monthly distribution amount for the VistaShares Target 15™ Berkshire Select Income ETF (OMAH). Fund Name Fund Ticker Distribution Per Share ($) VistaShares Target 15 Berkshire Select Income ETF OMAH $0.250 For more information and updates from VistaShares, please visit and follow the firm on LinkedIn @VistaShares, and on X @VistaSharesETFs. About VistaSharesAt VistaShares, we strive to deliver innovative investment solutions for today's investors, helping them navigate evolving market opportunities with confidence. VistaShares ETFs are actively managed by industry and investment experts, offering two distinct strategies. Our Pure Exposure™ ETFs target technology-driven economic Supercycles™ that we believe are poised for significant growth. Additionally, our Target 15™ option-based income ETFs are designed to generate high monthly income while complementing a core equity portfolio. Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call (844) 875-2288. Read the prospectus or summary prospectus carefully before investing. Investing involves risk, including possible loss of principal. Index / Strategy Risks. The Index's holdings are derived from publicly available data, which may be delayed relative to the then current portfolio of Berkshire Hathaway. Consequently, the Fund's holdings, which are based on the Index, may not accurately reflect Berkshire Hathaway's most recent publicly-disclosed investment positions and may deviate substantially from its actual current Portfolio. The equity securities represented in the Index are subject to a range of risks, including, but not limited to, fluctuations in Market conditions, increased competition, and evolving regulatory environments, all of which could adversely affect their performance. Focused Portfolio Risk. The Fund will hold a relatively focused portfolio that may contain exposure to the securities of fewer issuers than the portfolios of other ETFs. Holding a relatively concentrated portfolio may increase the risk that the value of the Fund could go down because of the poor performance of one or a few investments. Distribution Risk. Although the Fund has an annual income target, the Fund intends to distribute income on a monthly basis. There is no assurance that the Fund will make a distribution in any given month. Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. Options Contracts Risk. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political events, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events. Equity Market Risk. Common stocks are generally exposed to greater risk than other types of securities, such as preferred stock and debt obligations, because common stockholders generally have inferior rights to receive payment from specific issuers. The equity securities held in the Fund's portfolio may experience sudden, unpredictable drops in value or long periods of decline in value. U.S. Government and U.S. Agency Obligations Risk. The Fund may invest in securities issued by the U.S. government or its agencies or instrumentalities. U.S. Government obligations include securities issued or guaranteed as to principal and interest by the U.S. Government, its agencies or instrumentalities, such as the U.S. Treasury. New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective Investors do not have a track record or history on which to base their investment decisions. Newer Sub-Adviser Risk. VistaShares is a recently formed entity and has limited experience with managing an exchange-traded fund, which may limit the Sub-Adviser's effectiveness. Foreside Fund Services, LLC, distributor. View source version on Contacts Chris SullivanCraft & Capitalchris@ Sign in to access your portfolio
CNBC
26-04-2025
- Business
- CNBC
Warren Buffett's top stock picks and Berkshire Hathaway come with 15% income bonus in this new fund
In a year that hasn't been kind to many big-name stocks, Warren Buffett's Berkshire Hathaway is standing near the top. Berkshire shares have posted a 17% return year-to-date, while the S&P 500 index is down 6%. That performance places Berkshire among the top 10% of the U.S. market's large-cap leaders, and the run has been getting Buffett more attention ahead of next weekend's annual Berkshire Hathaway shareholder meeting in Omaha, Nebraska. It's also good timing for the recently launched VistaShares Target 15 Berkshire Select Income ETF (OMAH), which holds the top 20 most heavily weighted stocks in Berkshire Hathaway, as well as shares of Berkshire Hathaway. Berkshire is currently the biggest holding in the ETF, at 10.6% of the fund. Other top holdings in the ETF from among the ranks of Berkshire's biggest bets include Apple, American Express, Kroger, VeriSign, Bank of America, Citigroup, Visa and of course Coca-Cola, a long time favorite of the man known as the Oracle of Omaha. "It's a really well-balanced portfolio chosen by the most successful investor the world has ever seen," Adam Patti, CEO of VistaShares, said in an appearance this week on CNBC's "ETF Edge." Berkshire's outperformance of the S&P 500 isn't limited to 2025. Buffett's stock has tripled the performance of the market over the past year, and its 185% return over the past five years is more than double the performance of the S&P 500. In addition to this long-term track record of success in the market, Berkshire Hathaway is getting a lot of attention right now for the record amount of cash Buffett is holding as he trimmed stakes in big stocks including Apple, which has proven to be a great strategy. The S&P 500 has experienced extreme short-term volatility since President Donald Trump's inauguration on January 20. Even after a recent recovery, the S&P is still down 8% since the start of Trump's second term. "The market has been momentum driven for many years, the switch has flipped and we're looking at quality in terms of exposure, and Berkshire Hathaway has performed incredibly well this year, handily outperforming the S&P 500," said Patti. Berkshire Hathaway famously doesn't pay a dividend, with Buffett holding firm over many decades in the belief that he can re-invest cash to create more value for shareholders. In a letter to shareholders in February, Buffett wrote that Berkshire shareholders "can rest assured that we will forever deploy a substantial majority of their money in equities — mostly American equities." The lack of a dividend payment has been an issue over the years for some shareholders at Berkshire who do want income from the market, according to Patti, who added that his firm conducted research among investors in designing the ETF. "Who doesn't want to invest like Buffett, but with income?" he said. So, in addition to being tied to the performance of Berkshire and the stock picks of Buffett, the VistaShares Target 15 Berkshire Select Income ETF is designed to produce income of 15% annually through a strategy of selling call options and distributing monthly payments of 1.25% to shareholders. This income strategy has become more popular in the ETF space, with more asset managers launching funds to capture income opportunities and more investors adopting the approach amid market volatility.
Yahoo
25-04-2025
- Business
- Yahoo
VistaShares Announces April 2025 Distribution for OMAH ETF
SAN FRANCISCO & BOSTON & NEW YORK, April 25, 2025--(BUSINESS WIRE)--VistaShares, an innovative asset manager seeking to disrupt the status quo in thematic exposures, income investing, and more, is today announcing the April monthly distribution amount for the VistaShares Target 15™ Berkshire Select Income ETF (OMAH). Fund Name Fund Ticker Distribution Per Share ($) VistaShares Target 15 Berkshire Select Income ETF OMAH $0.23863 Distributions currently include a return of investor capital. For more information and updates from VistaShares, please visit and follow the firm on Linkedin @VistaShares, and on X @VistaSharesETFs. About VistaShares At VistaShares, we strive to deliver innovative investment solutions for today's investors, helping them navigate evolving market opportunities with confidence. VistaShares ETFs are actively managed by industry and investment experts, offering two distinct strategies. Our Pure Exposure™ ETFs target technology-driven economic Supercycles™ that we believe are poised for significant growth. Additionally, our Target 15™ option-based income ETFs are designed to generate high monthly income while complementing a core equity portfolio. Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call (844) 875-2288. Read the prospectus or summary prospectus carefully before investing. Investing involves risk, including possible loss of principal. Index / Strategy Risks. The Index's holdings are derived from publicly available data, which may be delayed relative to the then current portfolio of Berkshire Hathaway. Consequently, the Fund's holdings, which are based on the Index, may not accurately reflect Berkshire Hathaway's most recent publicly-disclosed investment positions and may deviate substantially from its actual current Portfolio. The equity securities represented in the Index are subject to a range of risks, including, but not limited to, fluctuations in Market conditions, increased competition, and evolving regulatory environments, all of which could adversely affect their performance. Focused Portfolio Risk. The Fund will hold a relatively focused portfolio that may contain exposure to the securities of fewer issuers than the portfolios of other ETFs. Holding a relatively concentrated portfolio may increase the risk that the value of the Fund could go down because of the poor performance of one or a few investments. Distribution Risk. Although the Fund has an annual income target, the Fund intends to distribute income on a monthly basis. There is no assurance that the Fund will make a distribution in any given month. Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. Options Contracts Risk. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events. Equity Market Risk. Common stocks are generally exposed to greater risk than other types of securities, such as preferred stock and debt obligations, because common stockholders generally have inferior rights to receive payment from specific issuers. The equity securities held in the Fund's portfolio may experience sudden, unpredictable drops in value or long periods of decline in value. U.S. Government and U.S. Agency Obligations Risk. The Fund may invest in securities issued by the U.S. government or its agencies or instrumentalities. U.S. Government obligations include securities issued or guaranteed as to principal and interest by the U.S. Government, its agencies or instrumentalities, such as the U.S. Treasury. New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective Investors do not have a track record or history on which to base their investment decisions. Newer Sub-Adviser Risk. VistaShares is a recently formed entity and has limited experience with managing an exchange-traded fund, which may limit the Sub-Adviser's effectiveness. Foreside Fund Services, LLC, distributor. View source version on Contacts Media: Chris SullivanCraft & Capitalchris@ Sign in to access your portfolio
