ProShares S&P 500 Dividend Aristocrats ETF
NOBL
764 hedge funds and large institutions have $5.6B invested in ProShares S&P 500 Dividend Aristocrats ETF in 2025 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 242 increasing their positions, 335 reducing their positions, and 32 closing their positions.
242% more call options, than puts
Call options by funds: $3.99M | Put options by funds: $1.17M
50% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 32
2.5% more ownership
Funds ownership: 95.17% → 97.66% (+2.5%)
3% more capital invested
Capital invested by funds: $5.42B → $5.6B (+$182M)
1% more funds holding
Funds holding: 758 → 764 (+6)
9% less funds holding in top 10
Funds holding in top 10: 33 → 30 (-3)
28% less repeat investments, than reductions
Existing positions increased: 242 | Existing positions reduced: 335
Top Buyers
| 1 |
CLGM
Capitolis Liquid Global Markets
New York
|
+$103M |
| 2 |
Morgan Stanley
New York
|
+$43.9M |
| 3 |
MWM
Moran Wealth Management
Naples,
Florida
|
+$28.9M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$27.8M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$13.2M |
Top Sellers
| 1 |
Goldman Sachs
New York
|
-$17.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$12.1M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$10.5M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$9.28M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$9.16M |
NOBL Hedge Fund Activity: Q3 2025 in Review
764 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in ProShares S&P 500 Dividend Aristocrats ETF (NOBL) for Q3 2025, worth a combined $5.6B — up 3.4% from $5.42B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new NOBL positions and 32 closed out — a net gain of 16 holders — while 242 added to existing stakes and 335 trimmed.
The largest buyer was Capitolis Liquid Global Markets, opening a new position worth an estimated $103M. The largest seller was Goldman Sachs, cutting an estimated $17.5M.
- 764 institutional investors held ProShares S&P 500 Dividend Aristocrats ETF (NOBL) as of Q3 2025, up from 758 in Q2 2025.
- Funds reported $5.6B of ProShares S&P 500 Dividend Aristocrats ETF stock for Q3 2025, up 3.4% quarter-over-quarter.
- 48 funds opened new ProShares S&P 500 Dividend Aristocrats ETF positions in Q3 2025 and 32 closed out, a net change of +16 holders.
- The largest ProShares S&P 500 Dividend Aristocrats ETF buyer in Q3 2025 was Capitolis Liquid Global Markets, an estimated $103M added.
- The largest ProShares S&P 500 Dividend Aristocrats ETF seller in Q3 2025 was Goldman Sachs, an estimated $17.5M sold.
Based on aggregated 13F filings for Q3 2025.