ProShares Russell 2000 Dividend Growers ETF
SMDV
130 hedge funds and large institutions have $363M invested in ProShares Russell 2000 Dividend Growers ETF in 2025 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 39 increasing their positions, 41 reducing their positions, and 16 closing their positions.
0% less ownership
Funds ownership: 53.7% → 53.7% (-0%)
5% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 41
8% less funds holding
Funds holding: 142 → 130 (-12)
38% less capital invested
Capital invested by funds: $581M → $363M (-$218M)
56% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.86M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$1.58M |
| 3 |
Two Sigma Investments
New York
|
+$901K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$746K |
| 5 |
P
&Partners
Nashville,
Tennessee
|
+$668K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Koshinski Asset Management
Decatur,
Illinois
|
-$201M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.65M |
| 3 |
NEPWA
New England Private Wealth Advisors
Wellesley,
Massachusetts
|
-$2.03M |
| 4 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$1.67M |
| 5 |
LWMNY
Landmark Wealth Management (New York)
Melville,
New York
|
-$1.42M |
SMDV Hedge Fund Activity: Q1 2025 in Review
130 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in ProShares Russell 2000 Dividend Growers ETF (SMDV) for Q1 2025, worth a combined $363M — down 38% from $581M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of SMDV and 7 opened new positions — a net loss of 9 holders — while 41 trimmed existing stakes and 39 added.
The largest buyer was Envestnet Asset Management, adding an estimated $2.86M. The largest seller was Koshinski Asset Management, exiting entirely with an estimated $201M sold.
- 130 institutional investors held ProShares Russell 2000 Dividend Growers ETF (SMDV) as of Q1 2025, down from 142 in Q4 2024.
- Funds reported $363M of ProShares Russell 2000 Dividend Growers ETF stock for Q1 2025, down 38% quarter-over-quarter.
- 7 funds opened new ProShares Russell 2000 Dividend Growers ETF positions in Q1 2025 and 16 closed out, a net change of -9 holders.
- The largest ProShares Russell 2000 Dividend Growers ETF buyer in Q1 2025 was Envestnet Asset Management, an estimated $2.86M added.
- The largest ProShares Russell 2000 Dividend Growers ETF seller in Q1 2025 was Koshinski Asset Management, an estimated $201M sold.
Based on aggregated 13F filings for Q1 2025.