Horizon Kinetics SPAC Active ETF
SPAQ
4 hedge funds and large institutions have $8.53M invested in Horizon Kinetics SPAC Active ETF in 2025 Q3 according to their latest regulatory filings, with 0 funds opening new positions, increasing their positions, 2 reducing their positions, and 0 closing their positions.
0% more funds holding
Funds holding: 4 → 4 (0)
10.93% less ownership
Funds ownership: 75.18% → 64.25% (-11%)
100% less capital inflows, than outflows
Capital inflows: $0 | Capital outflows: $3.79M
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Horizon Kinetics Asset Management
New York
|
-$3.77M |
| 2 |
Bulldog Investors
Saddle Brook,
New Jersey
|
-$27.8K |
SPAQ Hedge Fund Activity: Q3 2025 in Review
4 of the 7,657 institutional investors tracked by Wall St. Rank reported a position in Horizon Kinetics SPAC Active ETF (SPAQ) for Q3 2025, worth a combined $8.53M — down 31% from $12.4M a quarter earlier.
Fund positioning in SPAQ was balanced in Q3 2025: 0 funds opened new positions, 0 closed out, 0 added to existing stakes and 2 trimmed.
The largest seller was Horizon Kinetics Asset Management, cutting an estimated $3.77M.
- 4 institutional investors held Horizon Kinetics SPAC Active ETF (SPAQ) as of Q3 2025, unchanged from Q2 2025.
- Funds reported $8.53M of Horizon Kinetics SPAC Active ETF stock for Q3 2025, down 31% quarter-over-quarter.
- 0 funds opened new Horizon Kinetics SPAC Active ETF positions in Q3 2025 and 0 closed out.
- The largest Horizon Kinetics SPAC Active ETF seller in Q3 2025 was Horizon Kinetics Asset Management, an estimated $3.77M sold.
Based on aggregated 13F filings for Q3 2025.