Horizon Kinetics SPAC Active ETF
SPAQ
4 hedge funds and large institutions have $6.76M invested in Horizon Kinetics SPAC Active ETF in 2026 Q1 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 0 reducing their positions, and 1 closing their positions.
2.93% more ownership
Funds ownership: 71.6% → 74.53% (+2.9%)
0% more funds holding
Funds holding: 4 → 4 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
3% less capital invested
Capital invested by funds: $6.98M → $6.76M (-$216K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$228K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$447K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HKAM
1
Horizon Kinetics Asset Management
New York
| $6.53M | – | – | – |
|
|
2
Jane Street
New York
| $227K | +$228K | +2,505 | New |
|
|
SWM
3
Spire Wealth Management
Mclean,
Virginia
| $4.54K | – | – | – |
|
4
Fidelity Investments
Boston,
Massachusetts
| $1.91K | – | – | – |
|
|
BI
5
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$447K | -4,933 | Closed |
|
SPAQ Hedge Fund Activity: Q1 2026 in Review
4 of the 8,130 institutional investors tracked by Wall St. Rank reported a position in Horizon Kinetics SPAC Active ETF (SPAQ) for Q1 2026, worth a combined $6.76M — down 3.1% from $6.98M a quarter earlier.
Fund positioning in SPAQ was balanced in Q1 2026: 1 fund opened new positions, 1 closed out, 0 added to existing stakes and 0 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $228K. The largest seller was Bulldog Investors, exiting entirely with an estimated $447K sold.
- 4 institutional investors held Horizon Kinetics SPAC Active ETF (SPAQ) as of Q1 2026, unchanged from Q4 2025.
- Funds reported $6.76M of Horizon Kinetics SPAC Active ETF stock for Q1 2026, down 3.1% quarter-over-quarter.
- 1 fund opened new Horizon Kinetics SPAC Active ETF positions in Q1 2026 and 1 closed out, a net change of 0 holders.
- The largest Horizon Kinetics SPAC Active ETF buyer in Q1 2026 was Jane Street, an estimated $228K added.
- The largest Horizon Kinetics SPAC Active ETF seller in Q1 2026 was Bulldog Investors, an estimated $447K sold.
Based on aggregated 13F filings for Q1 2026.