ProShares S&P 500 ex-Financials ETF
SPXN
21 hedge funds and large institutions have $30.9M invested in ProShares S&P 500 ex-Financials ETF in 2026 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
0% more funds holding
Funds holding: 21 → 21 (0)
0.91% less ownership
Funds ownership: 47.33% → 46.41% (-0.91%)
7% less capital invested
Capital invested by funds: $33.2M → $30.9M (-$2.33M)
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.14M |
| 2 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$386K |
| 3 |
ACM
Advance Capital Management
Southfield,
Michigan
|
+$320K |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
+$82.4K |
| 5 |
IRC
Investors Research Corp
Atlanta,
Georgia
|
+$79.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$1.23M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.07M |
| 3 |
FFO
Fortitude Family Office
Scottsdale,
Arizona
|
-$430K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$175K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$21.9K |
SPXN Hedge Fund Activity: Q1 2026 in Review
21 of the 8,134 institutional investors tracked by Wall St. Rank reported a position in ProShares S&P 500 ex-Financials ETF (SPXN) for Q1 2026, worth a combined $30.9M — down 7% from $33.2M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SPXN positions and 2 closed out — a net gain of 1 holder — while 3 added to existing stakes and 7 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $1.14M. The largest seller was Goldman Sachs, cutting an estimated $1.23M.
- 21 institutional investors held ProShares S&P 500 ex-Financials ETF (SPXN) as of Q1 2026, unchanged from Q4 2025.
- Funds reported $30.9M of ProShares S&P 500 ex-Financials ETF stock for Q1 2026, down 7% quarter-over-quarter.
- 3 funds opened new ProShares S&P 500 ex-Financials ETF positions in Q1 2026 and 2 closed out, a net change of +1 holder.
- The largest ProShares S&P 500 ex-Financials ETF buyer in Q1 2026 was Susquehanna International Group, an estimated $1.14M added.
- The largest ProShares S&P 500 ex-Financials ETF seller in Q1 2026 was Goldman Sachs, an estimated $1.23M sold.
Based on aggregated 13F filings for Q1 2026.