ProShares S&P 500 ex-Financials ETF
SPXN
2 hedge funds and large institutions have $417K invested in ProShares S&P 500 ex-Financials ETF in 2020 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, reducing their positions, and 3 closing their positions.
9.36% less ownership
Funds ownership: 39.84% → 30.48% (-9.4%)
21% less capital invested
Capital invested by funds: $530K → $417K (-$113K)
50% less funds holding
Funds holding: 4 → 2 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$480K |
| 2 |
IRC
Investors Research Corp
Atlanta,
Georgia
|
+$2.92K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$294K |
| 2 |
Jane Street
New York
|
-$228K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $413K | +$480K | +15,110 | New |
|
|
IRC
2
Investors Research Corp
Atlanta,
Georgia
| $4K | +$2.92K | +92 | +242% |
|
|
3
Citadel Advisors
Miami,
Florida
| – | -$294K | -8,836 | Closed |
|
|
4
Jane Street
New York
| – | -$228K | -6,858 | Closed |
|
|
5
UBS Group
Zurich,
Switzerland
| – | -$7K | -204 | Closed |
|
SPXN Hedge Fund Activity: Q1 2020 in Review
2 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in ProShares S&P 500 ex-Financials ETF (SPXN) for Q1 2020, worth a combined $417K — down 21% from $530K a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SPXN and 1 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $480K. The largest seller was Citadel Advisors, exiting entirely with an estimated $294K sold.
- 2 institutional investors held ProShares S&P 500 ex-Financials ETF (SPXN) as of Q1 2020, down from 4 in Q4 2019.
- Funds reported $417K of ProShares S&P 500 ex-Financials ETF stock for Q1 2020, down 21% quarter-over-quarter.
- 1 fund opened new ProShares S&P 500 ex-Financials ETF positions in Q1 2020 and 3 closed out, a net change of -2 holders.
- The largest ProShares S&P 500 ex-Financials ETF buyer in Q1 2020 was Susquehanna International Group, an estimated $480K added.
- The largest ProShares S&P 500 ex-Financials ETF seller in Q1 2020 was Citadel Advisors, an estimated $294K sold.
Based on aggregated 13F filings for Q1 2020.