SPAQ — Horizon Kinetics SPAC Active ETF
Data updated: 2026-05-22
SPAQ — Horizon Kinetics SPAC Active ETF data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Blend / Core Equity · $9.83M AUM · 0.85% expense ratio · 5.8% 1-yr return. From SEC regulatory filings.
SPAQ Fund Overview
SPAQ — Horizon Kinetics SPAC Active ETF is a US ETF managed by Listed Funds Trust, categorised as United States Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Listed Funds Trust
- Category: United States Blend / Core Equity
- Assets under management: $9.83M
- 1-year return: 5.8%
- Ticker: SPAQ
- SEC CIK: 0001683471
- SEC series ID: S000078973
- Share class ID: C000239792
SPAQ Holdings
Top 10 holdings of Horizon Kinetics SPAC Active ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Oaktree Acquisition Corp III L | 5.40% |
| AI Infrastructure Acquisition | 5.10% |
| Jackson Acquisition Co II | 4.99% |
| Titan Acquisition Corp | 4.45% |
| Inflection Point Acquisition C | 4.37% |
| Wen Acquisition Corp | 4.25% |
| Evolution Global Acquisition C | 4.24% |
| Space Asset Acquisition Corp | 4.14% |
| Cantor Equity Partners V Inc | 4.11% |
| Willow Lane Acquisition Corp I | 4.11% |
SPAQ Portfolio Allocation
Asset-class allocation of Horizon Kinetics SPAC Active ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.4% |
| Derivatives | 1.1% |
| Cash & Equivalents | 0.6% |
SPAQ Performance
Total returns for SPAQ (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -0.2% |
| 1 year | 5.8% |
| 3 years (annualised) | 5.6% |
SPAQ Risk Information
Risk metrics for SPAQ, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.4%
SPAQ Costs and Fees
SPAQ costs about $85 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.85%
- Gross expense ratio: 0.85%
- Portfolio turnover: 81%
- Brokerage commissions: 10.50 bps of average net assets (SEC N-CEN)
SPAQ Cashflows
Over the 12 months to 2026-03, Horizon Kinetics SPAC Active ETF had net outflows of $6.29M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | $0 |
| 2026-02 | $0 |
| 2026-01 | $0 |
| 2025-12 | $0 |
| 2025-11 | $0 |
| 2025-10 | −$2.14M |
SPAQ Debt Constituents
No individual debt constituents are reported in Horizon Kinetics SPAC Active ETF's latest SEC N-PORT filing.
SPAQ Prospectus and SEC Filings
Official Horizon Kinetics SPAC Active ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.