Who Owns Horizon Kinetics SPAC Active ETF (SPAQ)?Hedge Fund & Institutional Holders
Institutional Holders
4
as of Q4 2025
Total Institutional Value
$652.4B
% of Float Held
—
QoQ Change in Holders
+1 / -0
Price History
SPAQ — Biggest New Institutional Buyers This Quarter
| Fund | Action | Shares Added | Value Added |
|---|---|---|---|
| Spire Wealth Management | New Position | +50 | +$4K |
SPAQ — Institutions Reducing or Closing Positions
| Fund | Action | Shares Sold | Value Sold |
|---|---|---|---|
| HORIZON KINETICS ASSET MANAGEMENT LLC | Decreased | -5K | -$8.0B |
Top Institutional Holders(Q4 2025)
| # | Fund | Shares | Value | % of Portfolio | Type |
|---|---|---|---|---|---|
| 1 | HORIZON KINETICS ASSET MANAGEMENT LLC | 71,954 | $6.5M | 0.09% | Share |
| 2 | Bulldog Investors, LLP | 4,933 | $447K | 0.10% | Share |
| 3 | Spire Wealth Management | 50 | $4K | 0.00% | Share |
| 4 | FMR LLC | 21 | $0 | 0.00% | Share |
SPAQ Institutional Ownership History
| Quarter | Holders | Total Value | Change |
|---|---|---|---|
| Q4 2025 | 4 | $7.0M | +1 |
| Q3 2025 | 3 | $8.5B | -2 |
| Q2 2025 | 5 | $12.4B | +2 |
| Q1 2025 | 3 | $13.8B | -1 |
| Q4 2024 | 4 | $12.9B | +1 |
| Q3 2024 | 3 | $12.8T | +0 |
| Q2 2024 | 3 | $12.1T | +0 |
| Q1 2024 | 3 | $10.7T | — |
Similar Stocks by Institutional Ownership
As of Q4 2025, 4 institutional investors hold SPAQ (Horizon Kinetics SPAC Active ETF). The largest holder is HORIZON KINETICS ASSET MANAGEMENT LLC with $6.5M in shares. This quarter, 1 institutions opened new positions and 0 closed their positions.
Frequently Asked Questions
How many hedge funds own SPAQ?
As of Q4 2025, 4 institutional investors report holding SPAQ (Horizon Kinetics SPAC Active ETF) in their 13F filings.
Who is the largest institutional holder of SPAQ?
The largest institutional holder of SPAQ is HORIZON KINETICS ASSET MANAGEMENT LLC with $6.5M in shares.
Is institutional ownership of SPAQ increasing or decreasing?
This quarter, 1 institutions opened new positions in SPAQ and 0 closed their positions.