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ALPS Equal Sector Weight ETF
EQL

65 hedge funds and large institutions have $289M invested in ALPS Equal Sector Weight ETF in 2025 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 26 increasing their positions, 17 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 5

53% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 17

20% more capital invested

Capital invested by funds: $240M → $289M (+$49.1M)

7.91% more ownership

Funds ownership: 42.38% → 50.29% (+7.9%)

7% more funds holding

Funds holding: 61 → 65 (+4)

Holders
65
Holders Change
+4
Holders Change %
+6.56%
% of All Funds
0.79%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
9
Increased
26
Reduced
17
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Morgan Stanley
Morgan Stanley
New York
+$14.1M
2
Ameriprise
Ameriprise
Minnesota
+$12.5M
3
Raymond James Financial
Raymond James Financial
Florida
+$6.77M
4
Bank of America
Bank of America
North Carolina
+$3.37M
5
SFWA
Summit Financial Wealth Advisors
Louisiana
+$3.15M

Top Sellers

1
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
-$2.11M
2
Jane Street
Jane Street
New York
-$1.12M
3
MCIA
Mountain Capital Investment Advisors
Colorado
-$347K
4
Carson Wealth (CWM LLC)
Carson Wealth (CWM LLC)
Nebraska
-$326K
5
SPIA
Steward Partners Investment Advisory
New York
-$170K
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of America
1
Bank of America
North Carolina
$71.5M +$3.37M +73,121 +5%
Raymond James Financial
2
Raymond James Financial
Florida
$49.4M +$6.77M +146,757 +16%
Morgan Stanley
3
Morgan Stanley
New York
$49.1M +$14.1M +304,794 +40%
Ameriprise
4
Ameriprise
Minnesota
$29.9M +$12.5M +271,162 +73%
LPL Financial
5
LPL Financial
California
$14.3M +$718K +15,574 +5%
Cetera Investment Advisers
6
Cetera Investment Advisers
Illinois
$8.86M -$2.11M -45,718 -19%
Wells Fargo
7
Wells Fargo
California
$8.72M +$754K +16,343 +10%
PFA
8
Perryman Financial Advisory
Texas
$5.61M +$5.57M +120,860 New
Carson Wealth (CWM LLC)
9
Carson Wealth (CWM LLC)
Nebraska
$5.12M -$326K -7,059 -6%
UBS Group
10
UBS Group
Switzerland
$4.56M -$21.4K -464 -0.5%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$3.62M +$54.9K +1,191 +2%
SFWA
12
Summit Financial Wealth Advisors
Louisiana
$3.17M +$3.15M +68,323 New
Osaic Holdings
13
Osaic Holdings
Arizona
$2.58M +$92K +1,994 +4%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$2.47M +$255K +5,530 +12%
Northwestern Mutual Wealth Management
15
Northwestern Mutual Wealth Management
Wisconsin
$2.31M +$188K +4,077 +9%
SWP
16
Stratos Wealth Partners
Ohio
$2.24M -$9.13K -198 -0.4%
GWP
17
Gateway Wealth Partners
Wisconsin
$2.18M -$24.8K -538 -1%
Stifel Financial
18
Stifel Financial
Missouri
$2.13M +$812K +17,615 +62%
SG
19
Sherry Group
Arkansas
$1.71M +$1.68M +36,521 New
Jones Financial Companies
20
Jones Financial Companies
Missouri
$1.52M +$570K +12,353 +61%
SMC
21
Smith, Moore & Co
Missouri
$1.39M -$32.3K -700 -2%
1WM
22
1900 Wealth Management
Texas
$1.31M – – –
Envestnet Asset Management
23
Envestnet Asset Management
Illinois
$1.15M -$2.26K -49 -0.2%
CW
24
CreativeOne Wealth
Kansas
$1.14M -$25.6K -554 -2%
KAS
25
Kestra Advisory Services
Texas
$1.06M +$48.7K +1,056 +5%
1
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EQL Hedge Fund Activity: Q4 2025 in Review

65 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in ALPS Equal Sector Weight ETF (EQL) for Q4 2025, worth a combined $289M — up 20% from $240M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new EQL positions and 5 closed out — a net gain of 4 holders — while 26 added to existing stakes and 17 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $14.1M. The largest seller was Cetera Investment Advisers, cutting an estimated $2.11M.

  • 65 institutional investors held ALPS Equal Sector Weight ETF (EQL) as of Q4 2025, up from 61 in Q3 2025.
  • Funds reported $289M of ALPS Equal Sector Weight ETF stock for Q4 2025, up 20% quarter-over-quarter.
  • 9 funds opened new ALPS Equal Sector Weight ETF positions in Q4 2025 and 5 closed out, a net change of +4 holders.
  • The largest ALPS Equal Sector Weight ETF buyer in Q4 2025 was Morgan Stanley, an estimated $14.1M added.
  • The largest ALPS Equal Sector Weight ETF seller in Q4 2025 was Cetera Investment Advisers, an estimated $2.11M sold.

Based on aggregated 13F filings for Q4 2025.