ProShares S&P 500 Dividend Aristocrats ETF
NOBL
767 hedge funds and large institutions have $5.7B invested in ProShares S&P 500 Dividend Aristocrats ETF in 2025 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 216 increasing their positions, 309 reducing their positions, and 58 closing their positions.
0.26% more ownership
Funds ownership: 96.61% → 96.87% (+0.26%)
0% more funds holding in top 10
Funds holding in top 10: 38 → 38 (0)
3% less call options, than puts
Call options by funds: $4.69M | Put options by funds: $4.82M
4% less funds holding
Funds holding: 795 → 767 (-28)
22% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 58
30% less repeat investments, than reductions
Existing positions increased: 216 | Existing positions reduced: 309
45% less capital invested
Capital invested by funds: $10.3B → $5.7B (-$4.59B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$25.1M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$22.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$17M |
| 4 |
AAA
American Alpha Advisors
New York
|
+$9.31M |
| 5 |
Rockefeller Capital Management
New York
|
+$8.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EB
Eastern Bank
Boston,
Massachusetts
|
-$45.3M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
-$25.9M |
| 3 |
Morgan Stanley
New York
|
-$21.8M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$16.1M |
| 5 |
QIM
Quest Investment Management
Lake Oswego,
Oregon
|
-$11.4M |
NOBL Hedge Fund Activity: Q1 2025 in Review
767 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in ProShares S&P 500 Dividend Aristocrats ETF (NOBL) for Q1 2025, worth a combined $5.7B — down 45% from $10.3B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of NOBL and 45 opened new positions — a net loss of 13 holders — while 309 trimmed existing stakes and 216 added.
The largest buyer was National Bank of Canada, adding an estimated $25.1M. The largest seller was Eastern Bank, cutting an estimated $45.3M.
- 767 institutional investors held ProShares S&P 500 Dividend Aristocrats ETF (NOBL) as of Q1 2025, down from 795 in Q4 2024.
- Funds reported $5.7B of ProShares S&P 500 Dividend Aristocrats ETF stock for Q1 2025, down 45% quarter-over-quarter.
- 45 funds opened new ProShares S&P 500 Dividend Aristocrats ETF positions in Q1 2025 and 58 closed out, a net change of -13 holders.
- The largest ProShares S&P 500 Dividend Aristocrats ETF buyer in Q1 2025 was National Bank of Canada, an estimated $25.1M added.
- The largest ProShares S&P 500 Dividend Aristocrats ETF seller in Q1 2025 was Eastern Bank, an estimated $45.3M sold.
Based on aggregated 13F filings for Q1 2025.