- CEO
- William T. Dessel
- Full Time Employees
- 155
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 234 West Florida Street, Suite 203 Milwaukee WI United States of America 53204
- IPO Date
- Mar 5, 2025
- Business
- VistaShares Target 15 Berkshire Select Income ETF (OMAH) is an actively managed exchange-traded fund that primarily seeks to generate high monthly income targeting 15% annually, distributed monthly at approximately 1.25% per share, with secondary long-term capital appreciation through a portfolio mirroring the 20 largest holdings of Berkshire Hathaway Inc. (BRK.B) based on the Solactive VistaShares Berkshire Select Index (SOLBE20N) and direct exposure to BRK.B; the fund employs data-driven options strategies, including covered calls and other derivatives overseen by Tidal Financial Group's experienced team led by portfolio manager Jay Pestrichelli, to produce income from its equity holdings; core holdings as of December 2025 include Berkshire Hathaway (10.90%), American Express (10.23%), Apple (10.01%), Coca-Cola (4.79%), Chubb (4.67%), Bank of America (4.65%), Moody's (4.59%), Occidental Petroleum (4.48%), Kraft Heinz (4.43%), and Chevron (4.41%), spanning financials (51.71%), consumer staples (14.01%), information technology (14%), energy (7.23%), and other sectors with 79 total holdings traded on the NYSE under ticker OMAH (CUSIP 45259A514) with a 0.95% expense ratio.
Launched in March 2025 as the flagship of VistaShares' Target 15™ options income ETF suite, OMAH has experienced rapid growth, surpassing $250 million in assets under management (AUM) by June 2025 and exceeding $500 million shortly thereafter, reaching approximately $655 million by late 2025 amid strong investor interest in its Berkshire-inspired equity exposure paired with high-yield options overlays.
VistaShares, founded in late 2024 and headquartered across New York, San Francisco, and Boston with leadership including CEO Adam Patti and co-founder Jon McNeill (former Tesla President), operates as an innovative ETF provider targeting income, thematic supercycles, and tactical alpha segments; the firm has expanded its Target 15™ lineup aggressively with new launches including QUSA (USA Quality Income ETF, May 2025), ACKY (ACKtivist Distribution ETF), DRKY (Druckenmiller-inspired), and SIOO (December 2025), achieving over $800 million cumulative AUM across its actively managed ETFs within its first year-plus of operations.