Spear Alpha ETF
SPRX
29 hedge funds and large institutions have $22.2M invested in Spear Alpha ETF in 2025 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 4 closing their positions.
300% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 4
84% more capital invested
Capital invested by funds: $12.1M → $22.2M (+$10.1M)
61% more funds holding
Funds holding: 18 → 29 (+11)
1.21% less ownership
Funds ownership: 20.53% → 19.32% (-1.2%)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QC
Quadrature Capital
London,
United Kingdom
|
+$1.68M |
| 2 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$1.57M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.36M |
| 4 |
AWA
Acorn Wealth Advisors
Grand Blanc,
Michigan
|
+$504K |
| 5 |
CF
Claris Financial
Glen Allen,
Virginia
|
+$491K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WWA
Wealth Watch Advisors
Englewood,
Colorado
|
-$318K |
| 2 |
AGDI
Absolute Gestao de Investimentos
Sao Paulo,
Brazil
|
-$220K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$179K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$108K |
| 5 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
-$42.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $5.78K | +$5.1K | +150 | New |
|
|
CA
27
CoreCap Advisors
Southfield,
Michigan
| $4.12K | -$1.46K | -43 | -29% |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3K | -$1.02K | -30 | -27% |
|
|
RFP
29
Root Financial Partners
Encinitas,
California
| $77 | +$68 | +2 | New |
|
|
AGDI
30
Absolute Gestao de Investimentos
Sao Paulo,
Brazil
| – | -$220K | -7,421 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | -$108K | -3,636 | Closed |
|
|
CIAS
32
Capital Investment Advisory Services
Raleigh,
North Carolina
| – | -$42.5K | -1,435 | Closed |
|
|
SAM
33
S.A. Mason
Holland,
Michigan
| – | -$20.6K | -695 | Closed |
|
SPRX Hedge Fund Activity: Q3 2025 in Review
29 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Spear Alpha ETF (SPRX) for Q3 2025, worth a combined $22.2M — up 84% from $12.1M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SPRX positions and 4 closed out — a net gain of 12 holders — while 4 added to existing stakes and 5 trimmed.
The largest buyer was Quadrature Capital, opening a new position worth an estimated $1.68M. The largest seller was Wealth Watch Advisors, cutting an estimated $318K.
- 29 institutional investors held Spear Alpha ETF (SPRX) as of Q3 2025, up from 18 in Q2 2025.
- Funds reported $22.2M of Spear Alpha ETF stock for Q3 2025, up 84% quarter-over-quarter.
- 16 funds opened new Spear Alpha ETF positions in Q3 2025 and 4 closed out, a net change of +12 holders.
- The largest Spear Alpha ETF buyer in Q3 2025 was Quadrature Capital, an estimated $1.68M added.
- The largest Spear Alpha ETF seller in Q3 2025 was Wealth Watch Advisors, an estimated $318K sold.
Based on aggregated 13F filings for Q3 2025.