ProShares S&P 500 ex-Financials ETF
SPXN
15 hedge funds and large institutions have $37.9M invested in ProShares S&P 500 ex-Financials ETF in 2024 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 1 reducing their positions, and 3 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 1
6% less funds holding
Funds holding: 16 → 15 (-1)
6.72% less ownership
Funds ownership: 71.07% → 64.35% (-6.7%)
18% less capital invested
Capital invested by funds: $45.9M → $37.9M (-$8.07M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$1.37M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$706K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$338K |
| 4 |
LPL Financial
San Diego,
California
|
+$103K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAF
Smith Anglin Financial
Dallas,
Texas
|
-$9.32M |
| 2 |
ACM
Absolute Capital Management
Pittsburgh,
Pennsylvania
|
-$2.3M |
| 3 |
SA
Sanctuary Advisors
Indianapolis,
Indiana
|
-$489K |
| 4 |
BFG
Berger Financial Group
Plymouth,
Minnesota
|
-$284K |
SPXN Hedge Fund Activity: Q3 2024 in Review
15 of the 6,967 institutional investors tracked by Wall St. Rank reported a position in ProShares S&P 500 ex-Financials ETF (SPXN) for Q3 2024, worth a combined $37.9M — down 18% from $45.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SPXN and 2 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 6 added.
The largest buyer was Goldman Sachs, adding an estimated $1.37M. The largest seller was Smith Anglin Financial, cutting an estimated $9.32M.
- 15 institutional investors held ProShares S&P 500 ex-Financials ETF (SPXN) as of Q3 2024, down from 16 in Q2 2024.
- Funds reported $37.9M of ProShares S&P 500 ex-Financials ETF stock for Q3 2024, down 18% quarter-over-quarter.
- 2 funds opened new ProShares S&P 500 ex-Financials ETF positions in Q3 2024 and 3 closed out, a net change of -1 holder.
- The largest ProShares S&P 500 ex-Financials ETF buyer in Q3 2024 was Goldman Sachs, an estimated $1.37M added.
- The largest ProShares S&P 500 ex-Financials ETF seller in Q3 2024 was Smith Anglin Financial, an estimated $9.32M sold.
Based on aggregated 13F filings for Q3 2024.