Horizon Kinetics SPAC Active ETF
SPAQ
3 hedge funds and large institutions have $13.8M invested in Horizon Kinetics SPAC Active ETF in 2025 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and closing their positions.
7.89% more ownership
Funds ownership: 72.59% → 80.48% (+7.9%)
7% more capital invested
Capital invested by funds: $12.9M → $13.8M (+$940K)
0% more funds holding
Funds holding: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$612K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HKAM
1
Horizon Kinetics Asset Management
New York
| $13.3M | +$612K | +6,162 | +5% |
|
|
BI
2
Bulldog Investors
Saddle Brook,
New Jersey
| $524K | – | – | – |
|
3
Fidelity Investments
Boston,
Massachusetts
| $2.12K | – | – | – |
|
SPAQ Hedge Fund Activity: Q1 2025 in Review
3 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Horizon Kinetics SPAC Active ETF (SPAQ) for Q1 2025, worth a combined $13.8M — up 7.3% from $12.9M a quarter earlier.
Fund positioning in SPAQ was balanced in Q1 2025: 0 funds opened new positions, 0 closed out, 1 added to existing stakes and 0 trimmed.
The largest buyer was Horizon Kinetics Asset Management, adding an estimated $612K.
- 3 institutional investors held Horizon Kinetics SPAC Active ETF (SPAQ) as of Q1 2025, unchanged from Q4 2024.
- Funds reported $13.8M of Horizon Kinetics SPAC Active ETF stock for Q1 2025, up 7.3% quarter-over-quarter.
- 0 funds opened new Horizon Kinetics SPAC Active ETF positions in Q1 2025 and 0 closed out.
- The largest Horizon Kinetics SPAC Active ETF buyer in Q1 2025 was Horizon Kinetics Asset Management, an estimated $612K added.
Based on aggregated 13F filings for Q1 2025.