Academy Capital Management’s State Street SPDR S&P 500 ETF Trust SPY Stock Holding History

Academy Capital Management’s Portfolio SPY Stock Details SPY Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-745	Closed	-$496K	–	42
2025 Q3	$496K	Sell	745 -92	-11%	-$59K	0.07%	30
2025 Q2	$517K	Buy	+837	New	+$478K	0.07%	28
2024 Q3	–	Sell	-813	Closed	-$443K	–	35
2024 Q2	$443K	Hold	813	–	–	0.08%	25
2024 Q1	$425K	Sell	813 -57	-7%	-$28.4K	0.08%	26
2023 Q4	$414K	Sell	870 -7	-0.8%	-$3.12K	0.08%	26
2023 Q3	$375K	Hold	877	–	–	0.08%	26
2023 Q2	$389K	Buy	+877	New	+$368K	0.08%	28
2023 Q1	–	Sell	-1,633	Closed	-$625K	–	35
2022 Q4	$625K	Buy	+1,633	New	+$628K	0.13%	26
2022 Q3	–	Sell	-1,685	Closed	-$636K	–	37
2022 Q2	$636K	Buy	+1,685	New	+$690K	0.12%	28
2021 Q4	–	Sell	-2,120	Closed	-$910K	–	39
2021 Q3	$910K	Sell	2,120 -53	-2%	-$23.4K	0.15%	30
2021 Q2	$930K	Buy	+2,173	New	+$907K	0.38%	17
2020 Q4	–	Sell	-2,125	Closed	-$711K	–	33
2020 Q3	$711K	Sell	2,125 -46	-2%	-$15.2K	0.16%	26
2020 Q2	$669K	Buy	2,171 +1,019	+88%	+$298K	0.15%	27
2020 Q1	$296K	Buy	1,152 +332	+40%	+$101K	0.08%	29
2019 Q4	$263K	Hold	820	–	–	0.06%	32
2019 Q3	$248K	Hold	820	–	–	0.06%	33
2019 Q2	$240K	Hold	820	–	–	0.05%	35
2019 Q1	$231K	Hold	820	–	–	0.05%	35
2018 Q4	$204K	Hold	820	–	–	0.06%	36
2018 Q3	$238K	Buy	+820	New	+$234K	0.06%	34
2018 Q2	–	Sell	-928	Closed	-$244K	–	40
2018 Q1	$244K	Hold	928	–	–	0.07%	36
2017 Q4	$247K	Hold	928	–	–	0.07%	32
2017 Q3	$233K	Buy	+928	New	+$229K	0.07%	33
2016 Q4	–	Sell	-928	Closed	-$200K	–	40
2016 Q3	$200K	Hold	928	–	–	0.05%	38
2016 Q2	$201K	Buy	+928	New	+$193K	0.05%	39
2016 Q1	–	Sell	-1,155	Closed	-$235K	–	45
2015 Q4	$235K	Sell	1,155 -294	-20%	-$60.4K	0.05%	46
2015 Q3	$277K	Hold	1,449	–	–	0.05%	42
2015 Q2	$298K	Buy	+1,449	New	+$305K	0.06%	44
2015 Q1	–	Sell	-1,155	Closed	-$237K	–	43
2014 Q4	$237K	Hold	1,155	–	–	0.05%	40
2014 Q3	$227K	Buy	+1,155	New	+$228K	0.05%	38
2014 Q1	–	Sell	-1,155	Closed	-$213K	–	39
2013 Q4	$213K	Sell	1,155 -535	-32%	-$94.7K	0.05%	34
2013 Q3	$283K	Hold	1,690	–	–	0.07%	32
2013 Q2	$271K	Buy	+1,690	New	+$272K	0.07%	32

Other funds holding SPY

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

Academy Capital Management's SPY Position: Q4 2025 in Review

Academy Capital Management sold out of State Street SPDR S&P 500 ETF Trust (SPY) in Q4 2025, closing a stake of 745 shares — an estimated $496K sold.

Academy Capital Management first reported a position in SPY in Q2 2013 and held it in 33 quarters. The position peaked at $930K in Q2 2021. 4,611 funds tracked by Wall St. Rank hold SPY as of Q4 2025.

Academy Capital Management reported no remaining State Street SPDR S&P 500 ETF Trust position as of Q4 2025 after selling out during the quarter.
Academy Capital Management sold 745 State Street SPDR S&P 500 ETF Trust shares in Q4 2025, an estimated $496K.
Academy Capital Management first reported a position in State Street SPDR S&P 500 ETF Trust in Q2 2013 and held it in 33 quarters.
Academy Capital Management's State Street SPDR S&P 500 ETF Trust position peaked at $930K in Q2 2021.
4,611 funds tracked by Wall St. Rank held State Street SPDR S&P 500 ETF Trust as of Q4 2025.

Based on Academy Capital Management's 13F filing for Q4 2025, filed 2 Feb 2026.