ProShares S&P MidCap 400 Dividend Aristocrats ETF
REGL
198 hedge funds and large institutions have $1.17B invested in ProShares S&P MidCap 400 Dividend Aristocrats ETF in 2023 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 65 increasing their positions, 80 reducing their positions, and 24 closing their positions.
20% more capital invested
Capital invested by funds: $979M → $1.17B (+$191M)
10.1% more ownership
Funds ownership: 65.1% → 75.2% (+10%)
4% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 24
2% less funds holding
Funds holding: 203 → 198 (-5)
19% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 80
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$174M |
| 2 |
JP Morgan Chase
New York
|
+$13.4M |
| 3 |
WIA
World Investment Advisors
Santa Barbara,
California
|
+$2.99M |
| 4 |
AWS
Atria Wealth Solutions
New York
|
+$2.2M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$2.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFG
Bouchey Financial Group
Troy,
New York
|
-$28.9M |
| 2 |
LPL Financial
San Diego,
California
|
-$6.81M |
| 3 |
KDA
Kraft Davis & Associates
St. Louis,
Missouri
|
-$5.87M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$5.61M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$5.39M |
REGL Hedge Fund Activity: Q4 2023 in Review
198 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) for Q4 2023, worth a combined $1.17B — up 20% from $979M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of REGL and 23 opened new positions — a net loss of 1 holder — while 80 trimmed existing stakes and 65 added.
The largest buyer was Morgan Stanley, adding an estimated $174M. The largest seller was Bouchey Financial Group, exiting entirely with an estimated $28.9M sold.
- 198 institutional investors held ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) as of Q4 2023, down from 203 in Q3 2023.
- Funds reported $1.17B of ProShares S&P MidCap 400 Dividend Aristocrats ETF stock for Q4 2023, up 20% quarter-over-quarter.
- 23 funds opened new ProShares S&P MidCap 400 Dividend Aristocrats ETF positions in Q4 2023 and 24 closed out, a net change of -1 holder.
- The largest ProShares S&P MidCap 400 Dividend Aristocrats ETF buyer in Q4 2023 was Morgan Stanley, an estimated $174M added.
- The largest ProShares S&P MidCap 400 Dividend Aristocrats ETF seller in Q4 2023 was Bouchey Financial Group, an estimated $28.9M sold.
Based on aggregated 13F filings for Q4 2023.