ProShares S&P SmallCap 600 Dividend Aristocrats ETF
SMDV
133 hedge funds and large institutions have $350M invested in ProShares S&P SmallCap 600 Dividend Aristocrats ETF in 2025 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 55 increasing their positions, 43 reducing their positions, and 8 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 43
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
0.34% less ownership
Funds ownership: 54.66% → 54.32% (-0.34%)
1% less funds holding
Funds holding: 134 → 133 (-1)
65% less capital inflows, than outflows
Capital inflows: $7.25M | Capital outflows: $20.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$2.28M |
| 2 |
Rockefeller Capital Management
New York
|
+$744K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$706K |
| 4 |
Gen-Wealth Partners
Zeeland,
Michigan
|
+$596K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$533K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$7.25M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.49M |
| 3 |
&Partners
Nashville,
Tennessee
|
-$2.44M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.03M |
| 5 |
Goldman Sachs
New York
|
-$1.59M |
SMDV Hedge Fund Activity: Q3 2025 in Review
133 of the 7,658 institutional investors tracked by Wall St. Rank reported a position in ProShares S&P SmallCap 600 Dividend Aristocrats ETF (SMDV) for Q3 2025, worth a combined $350M — down 1.5% from $355M a quarter earlier.
Fund positioning in SMDV was balanced in Q3 2025: 8 funds opened new positions, 8 closed out, 55 added to existing stakes and 43 trimmed.
The largest buyer was UBS Group, adding an estimated $2.28M. The largest seller was Morgan Stanley, cutting an estimated $7.25M.
- 133 institutional investors held ProShares S&P SmallCap 600 Dividend Aristocrats ETF (SMDV) as of Q3 2025, down from 134 in Q2 2025.
- Funds reported $350M of ProShares S&P SmallCap 600 Dividend Aristocrats ETF stock for Q3 2025, down 1.5% quarter-over-quarter.
- 8 funds opened new ProShares S&P SmallCap 600 Dividend Aristocrats ETF positions in Q3 2025 and 8 closed out, a net change of 0 holders.
- The largest ProShares S&P SmallCap 600 Dividend Aristocrats ETF buyer in Q3 2025 was UBS Group, an estimated $2.28M added.
- The largest ProShares S&P SmallCap 600 Dividend Aristocrats ETF seller in Q3 2025 was Morgan Stanley, an estimated $7.25M sold.
Based on aggregated 13F filings for Q3 2025.