ProShares S&P 500 ex-Financials ETF
SPXN
9 hedge funds and large institutions have $7.55M invested in ProShares S&P 500 ex-Financials ETF in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
93% more capital invested
Capital invested by funds: $3.91M → $7.55M (+$3.64M)
57.57% more ownership
Funds ownership: 74.48% → 132.05% (+58%)
29% more funds holding
Funds holding: 7 → 9 (+2)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$3.38M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$93.3K |
| 3 |
IRC
Investors Research Corp
Atlanta,
Georgia
|
+$16.6K |
| 4 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
+$507 |
| 5 |
BWM
Baystate Wealth Management
Boston,
Massachusetts
|
+$84 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$254K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$40.4K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$22.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
JP Morgan Chase
New York
| $3.52M | +$3.38M | +80,000 | New |
|
2
Goldman Sachs
New York
| $1.76M | – | – | – |
|
|
3
Osaic Holdings
Scottsdale,
Arizona
| $1.48M | -$22.1K | -524 | -2% |
|
|
IRC
4
Investors Research Corp
Atlanta,
Georgia
| $495K | +$16.6K | +392 | +4% |
|
|
AFS
5
Annapolis Financial Services
Annapolis,
Maryland
| $158K | – | – | – |
|
|
6
Bank of America
Charlotte,
North Carolina
| $97.1K | +$93.3K | +2,208 | New |
|
|
7
UBS Group
Zurich,
Switzerland
| $20.7K | -$40.4K | -956 | -67% |
|
|
BWM
8
Baystate Wealth Management
Boston,
Massachusetts
| $19.3K | +$84 | +2 | +0.5% |
|
|
TCM
9
Tradewinds Capital Management
Bellingham,
Washington
| $528 | +$507 | +12 | New |
|
|
10
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$254K | -6,294 | Closed |
|
SPXN Hedge Fund Activity: Q1 2023 in Review
9 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in ProShares S&P 500 ex-Financials ETF (SPXN) for Q1 2023, worth a combined $7.55M — up 93% from $3.91M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SPXN positions and 1 closed out — a net gain of 2 holders — while 2 added to existing stakes and 2 trimmed.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $3.38M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $254K sold.
- 9 institutional investors held ProShares S&P 500 ex-Financials ETF (SPXN) as of Q1 2023, up from 7 in Q4 2022.
- Funds reported $7.55M of ProShares S&P 500 ex-Financials ETF stock for Q1 2023, up 93% quarter-over-quarter.
- 3 funds opened new ProShares S&P 500 ex-Financials ETF positions in Q1 2023 and 1 closed out, a net change of +2 holders.
- The largest ProShares S&P 500 ex-Financials ETF buyer in Q1 2023 was JP Morgan Chase, an estimated $3.38M added.
- The largest ProShares S&P 500 ex-Financials ETF seller in Q1 2023 was Susquehanna International Group, an estimated $254K sold.
Based on aggregated 13F filings for Q1 2023.