ProShares S&P MidCap 400 Dividend Aristocrats ETF
REGL
241 hedge funds and large institutions have $1.11B invested in ProShares S&P MidCap 400 Dividend Aristocrats ETF in 2025 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 76 increasing their positions, 91 reducing their positions, and 14 closing their positions.
93% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 14
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
5% more funds holding
Funds holding: 230 → 241 (+11)
1.66% less ownership
Funds ownership: 67.01% → 65.34% (-1.7%)
10% less capital invested
Capital invested by funds: $1.24B → $1.11B (-$129M)
16% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 91
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$4.16M |
| 2 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$3.21M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$2.2M |
| 4 |
MWM
Modern Wealth Management
Lenexa,
Kansas
|
+$1.59M |
| 5 |
HAG
HighPoint Advisor Group
Downers Grove,
Illinois
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$32.7M |
| 2 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
-$28.2M |
| 3 |
CCM
Coldstream Capital Management
Bellevue,
Washington
|
-$13.1M |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$11.2M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$8.5M |
REGL Hedge Fund Activity: Q4 2025 in Review
241 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) for Q4 2025, worth a combined $1.11B — down 10% from $1.24B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new REGL positions and 14 closed out — a net gain of 13 holders — while 76 added to existing stakes and 91 trimmed.
The largest buyer was Two Sigma Investments, opening a new position worth an estimated $4.16M. The largest seller was Stifel Financial, cutting an estimated $32.7M.
- 241 institutional investors held ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) as of Q4 2025, up from 230 in Q3 2025.
- Funds reported $1.11B of ProShares S&P MidCap 400 Dividend Aristocrats ETF stock for Q4 2025, down 10% quarter-over-quarter.
- 27 funds opened new ProShares S&P MidCap 400 Dividend Aristocrats ETF positions in Q4 2025 and 14 closed out, a net change of +13 holders.
- The largest ProShares S&P MidCap 400 Dividend Aristocrats ETF buyer in Q4 2025 was Two Sigma Investments, an estimated $4.16M added.
- The largest ProShares S&P MidCap 400 Dividend Aristocrats ETF seller in Q4 2025 was Stifel Financial, an estimated $32.7M sold.
Based on aggregated 13F filings for Q4 2025.