ProShares S&P 500 ex-Financials ETF
SPXN
13 hedge funds and large institutions have $27.7M invested in ProShares S&P 500 ex-Financials ETF in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 0 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
267% more capital invested
Capital invested by funds: $7.55M → $27.7M (+$20.2M)
44% more funds holding
Funds holding: 9 → 13 (+4)
2.15% more ownership
Funds ownership: 132.05% → 134.2% (+2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$8.14M |
| 2 |
Barclays
London,
United Kingdom
|
+$6.33M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.99M |
| 5 |
LPL Financial
San Diego,
California
|
+$286K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$2.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
SG Americas Securities
New York
| $8.64M | +$8.14M | +180,000 | New |
|
|
2
Barclays
London,
United Kingdom
| $6.72M | +$6.33M | +140,000 | New |
|
|
3
UBS Group
Zurich,
Switzerland
| $3.84M | +$3.6M | +79,530 | +16,921% |
|
|
4
Bank of America
Charlotte,
North Carolina
| $2.22M | +$1.99M | +43,994 | +1,992% |
|
5
Goldman Sachs
New York
| $1.92M | – | – | – |
|
6
Osaic Holdings
Scottsdale,
Arizona
| $1.87M | +$241K | +5,322 | +16% |
|
|
7
JP Morgan Chase
New York
| $1.15M | -$2.53M | -56,016 | -70% |
|
|
IRC
8
Investors Research Corp
Atlanta,
Georgia
| $554K | +$12.9K | +286 | +3% |
|
|
9
LPL Financial
San Diego,
California
| $303K | +$286K | +6,314 | New |
|
10
Bank of Montreal
Toronto,
Ontario, Canada
| $287K | +$270K | +5,968 | New |
|
|
AFS
11
Annapolis Financial Services
Annapolis,
Maryland
| $173K | – | – | – |
|
|
BWM
12
Baystate Wealth Management
Boston,
Massachusetts
| $21.1K | – | – | – |
|
|
TCM
13
Tradewinds Capital Management
Bellingham,
Washington
| $577 | – | – | – |
|
SPXN Hedge Fund Activity: Q2 2023 in Review
13 of the 6,371 institutional investors tracked by Wall St. Rank reported a position in ProShares S&P 500 ex-Financials ETF (SPXN) for Q2 2023, worth a combined $27.7M — up 267% from $7.55M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SPXN positions and 0 closed out — a net gain of 4 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was SG Americas Securities, opening a new position worth an estimated $8.14M. The largest seller was JP Morgan Chase, cutting an estimated $2.53M.
- 13 institutional investors held ProShares S&P 500 ex-Financials ETF (SPXN) as of Q2 2023, up from 9 in Q1 2023.
- Funds reported $27.7M of ProShares S&P 500 ex-Financials ETF stock for Q2 2023, up 267% quarter-over-quarter.
- 4 funds opened new ProShares S&P 500 ex-Financials ETF positions in Q2 2023 and 0 closed out, a net change of +4 holders.
- The largest ProShares S&P 500 ex-Financials ETF buyer in Q2 2023 was SG Americas Securities, an estimated $8.14M added.
- The largest ProShares S&P 500 ex-Financials ETF seller in Q2 2023 was JP Morgan Chase, an estimated $2.53M sold.
Based on aggregated 13F filings for Q2 2023.