AAM S&P 500 High Dividend Value ETF
SPDV
34 hedge funds and large institutions have $40M invested in AAM S&P 500 High Dividend Value ETF in 2025 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 0 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
10% more funds holding
Funds holding: 31 → 34 (+3)
1% more capital invested
Capital invested by funds: $39.7M → $40M (+$304K)
1.33% less ownership
Funds ownership: 53.17% → 51.84% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$2.78M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.82M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$594K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$365K |
| 5 |
LNWTC
Laird Norton Wetherby Trust Company
Seattle,
Washington
|
+$344K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.5M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$435K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$426K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$307K |
| 5 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$194K |
SPDV Hedge Fund Activity: Q4 2025 in Review
34 of the 8,232 institutional investors tracked by Wall St. Rank reported a position in AAM S&P 500 High Dividend Value ETF (SPDV) for Q4 2025, worth a combined $40M — up 0.77% from $39.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SPDV positions and 0 closed out — a net gain of 5 holders — while 15 added to existing stakes and 10 trimmed.
The largest buyer was Western Wealth Management, opening a new position worth an estimated $2.78M. The largest seller was Jane Street, cutting an estimated $1.5M.
- 34 institutional investors held AAM S&P 500 High Dividend Value ETF (SPDV) as of Q4 2025, up from 31 in Q3 2025.
- Funds reported $40M of AAM S&P 500 High Dividend Value ETF stock for Q4 2025, up 0.77% quarter-over-quarter.
- 5 funds opened new AAM S&P 500 High Dividend Value ETF positions in Q4 2025 and 0 closed out, a net change of +5 holders.
- The largest AAM S&P 500 High Dividend Value ETF buyer in Q4 2025 was Western Wealth Management, an estimated $2.78M added.
- The largest AAM S&P 500 High Dividend Value ETF seller in Q4 2025 was Jane Street, an estimated $1.5M sold.
Based on aggregated 13F filings for Q4 2025.