ProShares Russell 2000 Dividend Growers ETF
SMDV
134 hedge funds and large institutions have $340M invested in ProShares Russell 2000 Dividend Growers ETF in 2026 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 52 increasing their positions, 42 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
24% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 42
1% more capital invested
Capital invested by funds: $335M → $340M (+$4.89M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.14% less ownership
Funds ownership: 54.52% → 54.38% (-0.14%)
1% less funds holding
Funds holding: 135 → 134 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EH
Equitable Holdings
New York
|
+$1.21M |
| 2 |
Goldman Sachs
New York
|
+$1.05M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1M |
| 4 |
LWMNY
Landmark Wealth Management (New York)
Melville,
New York
|
+$953K |
| 5 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$696K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWM
ForthRight Wealth Management
Alpharetta,
Georgia
|
-$4.86M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$4.51M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$631K |
| 4 |
Fisher Asset Management
Camas,
Washington
|
-$582K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$516K |
SMDV Hedge Fund Activity: Q1 2026 in Review
134 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in ProShares Russell 2000 Dividend Growers ETF (SMDV) for Q1 2026, worth a combined $340M — up 1.5% from $335M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SMDV positions and 6 closed out — a net gain of 3 holders — while 52 added to existing stakes and 42 trimmed.
The largest buyer was Equitable Holdings, adding an estimated $1.21M. The largest seller was ForthRight Wealth Management, cutting an estimated $4.86M.
- 134 institutional investors held ProShares Russell 2000 Dividend Growers ETF (SMDV) as of Q1 2026, down from 135 in Q4 2025.
- Funds reported $340M of ProShares Russell 2000 Dividend Growers ETF stock for Q1 2026, up 1.5% quarter-over-quarter.
- 9 funds opened new ProShares Russell 2000 Dividend Growers ETF positions in Q1 2026 and 6 closed out, a net change of +3 holders.
- The largest ProShares Russell 2000 Dividend Growers ETF buyer in Q1 2026 was Equitable Holdings, an estimated $1.21M added.
- The largest ProShares Russell 2000 Dividend Growers ETF seller in Q1 2026 was ForthRight Wealth Management, an estimated $4.86M sold.
Based on aggregated 13F filings for Q1 2026.