Spear Alpha ETF
SPRX
14 hedge funds and large institutions have $6.13M invested in Spear Alpha ETF in 2025 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
80% more capital inflows, than outflows
Capital inflows: $1.9M | Capital outflows: $1.05M
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
17% more funds holding
Funds holding: 12 → 14 (+2)
0.39% less ownership
Funds ownership: 15.82% → 15.42% (-0.39%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
+$1.1M |
| 2 |
TD Waterhouse Canada
Toronto,
Ontario, Canada
|
+$662K |
| 3 |
Tower Research Capital (TRC)
New York
|
+$45.3K |
| 4 |
Parallel Advisors
San Francisco,
California
|
+$42.7K |
| 5 |
CoreCap Advisors
Southfield,
Michigan
|
+$22.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Level Four Advisory Services
Dallas,
Texas
|
-$762K |
| 2 |
WWA
Wealth Watch Advisors
Englewood,
Colorado
|
-$183K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$99.8K |
| 4 |
TAM
Tucker Asset Management
Littleton,
Colorado
|
-$6.46K |
SPRX Hedge Fund Activity: Q1 2025 in Review
14 of the 7,478 institutional investors tracked by Wall St. Rank reported a position in Spear Alpha ETF (SPRX) for Q1 2025, worth a combined $6.13M — down 26% from $8.28M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SPRX positions and 2 closed out — a net gain of 3 holders — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Apollon Wealth Management, adding an estimated $1.1M. The largest seller was Level Four Advisory Services, exiting entirely with an estimated $762K sold.
- 14 institutional investors held Spear Alpha ETF (SPRX) as of Q1 2025, up from 12 in Q4 2024.
- Funds reported $6.13M of Spear Alpha ETF stock for Q1 2025, down 26% quarter-over-quarter.
- 5 funds opened new Spear Alpha ETF positions in Q1 2025 and 2 closed out, a net change of +3 holders.
- The largest Spear Alpha ETF buyer in Q1 2025 was Apollon Wealth Management, an estimated $1.1M added.
- The largest Spear Alpha ETF seller in Q1 2025 was Level Four Advisory Services, an estimated $762K sold.
Based on aggregated 13F filings for Q1 2025.