ProShares Russell 2000 Dividend Growers ETF
SMDV
116 hedge funds and large institutions have $399M invested in ProShares Russell 2000 Dividend Growers ETF in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 51 increasing their positions, 39 reducing their positions, and 14 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 39
7.38% more ownership
Funds ownership: 60.04% → 67.42% (+7.4%)
9% less funds holding
Funds holding: 128 → 116 (-12)
19% less capital invested
Capital invested by funds: $493M → $399M (-$94.2M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
79% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIAS
CFS Investment Advisory Services
Totowa,
New Jersey
|
+$94M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.8M |
| 3 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$4.9M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.36M |
| 5 |
LWAC
Laurel Wealth Advisors (California)
Solana Beach,
California
|
+$3.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$92.9M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$2.63M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$1.08M |
| 4 |
TFA
Toth Financial Advisory
Leesburg,
Virginia
|
-$1.07M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$805K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$24K | -400 | Closed |
|
|
PFGIA
127
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$22K | -367 | Closed |
|
128
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$17K | -290 | Closed |
|
|
TWA
129
TCI Wealth Advisors
Tucson,
Arizona
| – | -$3K | -44 | Closed |
|
SMDV Hedge Fund Activity: Q3 2022 in Review
116 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in ProShares Russell 2000 Dividend Growers ETF (SMDV) for Q3 2022, worth a combined $399M — down 19% from $493M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of SMDV and 3 opened new positions — a net loss of 11 holders — while 39 trimmed existing stakes and 51 added.
The largest buyer was CFS Investment Advisory Services, adding an estimated $94M. The largest seller was Gradient Investments, cutting an estimated $92.9M.
- 116 institutional investors held ProShares Russell 2000 Dividend Growers ETF (SMDV) as of Q3 2022, down from 128 in Q2 2022.
- Funds reported $399M of ProShares Russell 2000 Dividend Growers ETF stock for Q3 2022, down 19% quarter-over-quarter.
- 3 funds opened new ProShares Russell 2000 Dividend Growers ETF positions in Q3 2022 and 14 closed out, a net change of -11 holders.
- The largest ProShares Russell 2000 Dividend Growers ETF buyer in Q3 2022 was CFS Investment Advisory Services, an estimated $94M added.
- The largest ProShares Russell 2000 Dividend Growers ETF seller in Q3 2022 was Gradient Investments, an estimated $92.9M sold.
Based on aggregated 13F filings for Q3 2022.