TOAO Twin Oak Active Opportunities III ETF

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

TOAO — —
Key stats
About

Twin Oak Active Opportunities III ETF (TOAO) ETF

No description available.

Exchange
BATS
Inception
2026-04-23
Has Options
No
Fund profile
holdings as of May 31, 2026SEC filingthrough May 2026flows, SEC filings
US Equity Large Cap Blend#76 of 165 by assets Twin Oak US Actively managed
Expense ratio
0.95%
prospectus, filed Jan 5, 2026
Assets
$423M
SEC filing, May 31, 2026
Trailing yield
—
Average daily volume
$2K
30 sessions
Holdings
48
top 10 are 59.2%
Listed
Apr 23, 2026
Cboe BZX
Closure risk, 12 months
44%
high: trading volume, age · model
FrenzyCap ETF score
20
how it is built
Cost4
Liquidity0
Scale43
Diversification51

Stated objective. The investment objective of the Twin Oak Active Opportunities III ETF (the ?Fund?) is long-term capital appreciation. (from the fund's prospectus)

All 48 holdingsFlow historySimilar fundsOverlap toolAll Large Cap Blend ETFs

Fund flows
through May 2026SEC filings
May 2026
+$126K
latest reported month
Latest 3 months
+$177M
+41.8% of assets
Latest 12 months
—
Apr 2026: +$177M+$177MAprMay 2026: +$126K+$126KMay
View as a table
Net flows of TOAO by month, Apr 2026 to May 2026
MonthNet flow
May 2026+$126K
Apr 2026+$177M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 2 months ago

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TECHarbor Transformative Technologies ETF43%0.69%$6.8M+25.0%compare
BKCGBNY Mellon Concentrated Growth ETF43%0.50%$119M+11.5%compare
IVESDan IVES Wedbush AI Revolution ETF42%0.75%$997M+24.1%compare
GTOPGoldman Sachs Technology Opportunities ETF42%0.65%$743M—compare

Ranked by how much of the two portfolios is the same securities.

Look-through: what the holdings say
weights as of May 31, 2026SEC filing
Holdings vs fair value
−6.1%
22% under, 29% over · 82% covered
Price / earnings
34.2
5% loss-making · 78% covered
Price / book · sales
9.7 · 7.3
revenue growth +18.2%
Above 200-day average
79%
78% above 50-day · by weight
Short interest
2.4%
of float, weighted · 2.4 days to cover
Insider buying
6%
of weight had net insider buying, 90 days; 56% net selling
13F holders
+0.9%
change in shares held by institutions, latest quarter
Reporting earnings
8.7%
of weight in 7 days; 11.2% in 14
Largest contributors below fair value
MELI+50%AMZN+22%UBER+24%SCHW+12%UNH+29%
Largest contributors above fair value
CRWD−44%SHOP−43%NET−41%AMD−32%AVGO−7%
Holdings reporting in the next 14 days · weighted implied move this week 0.41%
TSM10/15 · 4.1% · ±4.3%SCHW10/15 · 3.4% · ±4.4%MCO10/21 · 2.5% · ±2.8%UNH10/13 · 1.3% · ±7.2%

Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.

ETF Profile
holdings as of 2026-08-31
Holdings
48
AUM
$423.5M
Provider
Nport
Inception
2026-04-23
Exchange
BATS
Data As Of
2026-08-31
Expense Ratio
0.95%
Dividend Yield
—
Distribution
—
Asset Allocation
Top Holdings
top 48 of 48 holdings
Symbol Name Weight % Asset Class Country
AMZN Amazon.com Inc 7.82% Equity (common) US
CRWD Crowdstrike Holdings Inc 7.18% Equity (common) US
AVGO Broadcom Inc 7.14% Equity (common) US
NVDA NVIDIA Corp 6.11% Equity (common) US
— ASML Holding NV 6.08% Equity (common) NL
GOOG Alphabet Inc 5.46% Equity (common) US
MSFT Microsoft Corp 5.05% Equity (common) US
— Scottish Mortgage Investment T 5.02% Equity (common) GB
— Safran SA 4.81% Equity (common) FR
AMD Advanced Micro Devices Inc 4.54% Equity (common) US
— Airbus SE 4.50% Equity (common) NL
TSM TSMC 4.14% Equity (common) TW
META Meta Platforms Inc 3.93% Equity (common) US
SHOP Shopify Inc 3.93% Equity (common) CA
NET Cloudflare Inc 3.89% Equity (common) US
MELI MercadoLibre Inc 3.47% Equity (common) UY
SCHW Charles Schwab Corp/The 3.37% Equity (common) US
GEV GE Vernova Inc 3.20% Equity (common) US
— NU Holdings Ltd/Cayman Islands 2.55% Equity (common) BR
MCO Moody's Corp 2.53% Equity (common) US
V Visa Inc 2.52% Equity (common) US
ANET Arista Networks Inc 2.24% Equity (common) US
SPGI S&P Global Inc 2.14% Equity (common) US
UBER Uber Technologies Inc 1.87% Equity (common) US
UNH UnitedHealth Group Inc 1.25% Equity (common) US
NOW ServiceNow Inc 0.98% Equity (common) US
— N/A 0.81% Derivative (equity) US
— N/A 0.32% Derivative (equity) US
— N/A 0.31% Derivative (equity) US
— N/A 0.31% Derivative (equity) US
— N/A 0.28% Derivative (equity) US
— N/A 0.21% Derivative (equity) US
— N/A 0.19% Derivative (equity) US
— N/A 0.17% Derivative (equity) US
— N/A 0.14% Derivative (equity) US
— N/A 0.13% Derivative (equity) US
— U.S. Bank Money Market Deposit Account 0.08% Short-term investment US
BA Boeing Co/The 0.02% Equity (common) US
— N/A -0.18% Derivative (equity) US
— N/A -0.19% Derivative (equity) US
— N/A -0.33% Derivative (equity) US
— N/A -0.52% Derivative (equity) US
— N/A -0.72% Derivative (equity) US
— N/A -0.74% Derivative (equity) US
— N/A -0.91% Derivative (equity) US
— N/A -1.07% Derivative (equity) US
— N/A -1.66% Derivative (equity) US
— N/A -2.34% Derivative (equity) US
Geographic Breakdown
Chart
Seasonality
'26Avg
Jan----
Feb----
Mar----
Apr0.23%0.23%
May2.36%2.36%
Jun1.63%1.63%
Jul0.36%0.36%
Aug0.98%0.98%
Sep0.93%0.93%
Oct2.49%*2.49%
Nov----
Dec----
Total9.31%9.31%
* Only 1 year(s) of data available.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $27.41
SMA 50: $27.33
SMA 200: —
Current: $27.90
EMA 12: $27.63
EMA 26: $27.45
MACD: 0.1729 | Signal: 0.0521
BULLISH
ADX (14): 14.93
RANGE
+DI: 61.21
−DI: 38.41

Momentum Oscillators

RSI (14): 61.41
NEUTRAL
Stoch %K: 77.22
Stoch %D: 84.92
Williams %R: -14.07

Volume & Volatility

BB Upper: $28.08
BB Lower: $26.75
NEUTRAL
OBV: 3,716
Vol SMA 20: 90
Vol ROC: 1666.67%
ATR: $0.16
True Range: $0.21
HV 20: 11.3%
HV 30: 10.7%
HV 60: 10.9%

Data Summary

Data Points: 116
Last Updated:
Date Range: 2026-04-24T00:00:00 – 2026-10-09T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
All TOAO news →

TOAO Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.9029
Alpha: 4.27%
Correlation: 0.8832
R-Squared: 78.0%
Stock Volatility: 12.4%
Market Volatility: 12.1%

Analysis Details

Benchmark: SPY
Data Points: 115
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Beta & Alpha Over Time

TOAO Institutional Ownership (13F)

Latest filings — 2026-06-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

1 filers1 shares$27 value
# Filer Shares Value % of Total % of Float Period
1 UBS Group AG Custodian 1 $27 100.00% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
TOAO Constituent Performance

Click any bar to view the full quote for that stock.

TOAO Constituents (22 of 22)
Symbol Name Weight % Price 1 Day 1 Week 1 Month
AMZN Amazon.com Inc 7.82% $262.43 +3.29%+4.34%+2.20%
CRWD Crowdstrike Holdings Inc 7.18% $275.04 +4.57%+1.85%+33.04%
AVGO Broadcom Inc 7.14% $361.54 +0.39%+1.80%-0.12%
NVDA NVIDIA Corp 6.11% $229.28 -0.52%-2.00%+5.03%
GOOG Alphabet Inc 5.46% $347.86 +0.87%+2.21%+3.70%
MSFT Microsoft Corp 5.05% $535.07 +2.38%+3.39%+7.96%
AMD Advanced Micro Devices Inc 4.54% $608.1 -2.03%-4.07%+17.82%
TSM TSMC 4.14% $453.31 -1.02%-4.12%+4.63%
META Meta Platforms Inc 3.93% $718.67 -0.31%-1.29%+10.90%
SHOP Shopify Inc 3.93% $170.85 +3.82%+12.85%+32.66%
NET Cloudflare Inc 3.89% $360.93 +5.57%+3.40%+17.75%
MELI MercadoLibre Inc 3.47% $1889.85 +1.79%+11.39%-0.40%
SCHW Charles Schwab Corp/The 3.37% $96.7 -0.18%+0.00%-9.84%
GEV GE Vernova Inc 3.20% $1004.73 +0.54%+1.62%+4.96%
MCO Moody's Corp 2.53% $464.23 +1.21%+5.18%-2.26%
V Visa Inc 2.52% $385.45 +2.76%+6.87%+4.05%
ANET Arista Networks Inc 2.24% $216.74 +2.73%+4.53%+8.59%
SPGI S&P Global Inc 2.14% $407.82 +1.26%+5.58%-0.70%
UBER Uber Technologies Inc 1.87% $71.51 +1.81%+4.99%-0.22%
UNH UnitedHealth Group Inc 1.25% $379.3 +2.25%+1.99%+0.06%
NOW ServiceNow Inc 0.98% $140.86 +0.79%+4.82%+6.29%
BA Boeing Co/The 0.02% $190.37 +1.40%-1.65%-9.54%