ProShares S&P 500 ex-Financials ETF
SPXN
19 hedge funds and large institutions have $38.7M invested in ProShares S&P 500 ex-Financials ETF in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 1 reducing their positions, and 1 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 1
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
44% more capital invested
Capital invested by funds: $27M → $38.7M (+$11.8M)
19% more funds holding
Funds holding: 16 → 19 (+3)
15.55% more ownership
Funds ownership: 138.85% → 154.4% (+16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAF
Smith Anglin Financial
Dallas,
Texas
|
+$6.14M |
| 2 |
LPL Financial
San Diego,
California
|
+$365K |
| 3 |
AFS
Annapolis Financial Services
Annapolis,
Maryland
|
+$239K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$68K |
| 5 |
IRC
Investors Research Corp
Atlanta,
Georgia
|
+$32.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$500K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$117K |
SPXN Hedge Fund Activity: Q4 2023 in Review
19 of the 6,863 institutional investors tracked by Wall St. Rank reported a position in ProShares S&P 500 ex-Financials ETF (SPXN) for Q4 2023, worth a combined $38.7M — up 44% from $27M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SPXN positions and 1 closed out — a net gain of 3 holders — while 6 added to existing stakes and 1 trimmed.
The largest buyer was Smith Anglin Financial, opening a new position worth an estimated $6.14M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $500K sold.
- 19 institutional investors held ProShares S&P 500 ex-Financials ETF (SPXN) as of Q4 2023, up from 16 in Q3 2023.
- Funds reported $38.7M of ProShares S&P 500 ex-Financials ETF stock for Q4 2023, up 44% quarter-over-quarter.
- 4 funds opened new ProShares S&P 500 ex-Financials ETF positions in Q4 2023 and 1 closed out, a net change of +3 holders.
- The largest ProShares S&P 500 ex-Financials ETF buyer in Q4 2023 was Smith Anglin Financial, an estimated $6.14M added.
- The largest ProShares S&P 500 ex-Financials ETF seller in Q4 2023 was Susquehanna International Group, an estimated $500K sold.
Based on aggregated 13F filings for Q4 2023.