Governors Lane’s State Street SPDR S&P 500 ETF Trust SPY Stock Holding History

Governors Lane’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
2024 Q4	–	Sell	-265,000	Closed	-$152M	–	72
2024 Q3	$152M	Buy	+265,000	New	+$147M	11.74%	1
2024 Q1	–	Sell	-87,000	Closed	-$41.4M	–	74
2023 Q4	$41.4M	Buy	87,000 +64,500	+287%	+$28.7M	4.16%	5
2023 Q3	$9.62M	Sell	22,500 -134,500	-86%	-$59.8M	1.53%	28
2023 Q2	$69.6M	Buy	157,000 +60,500	+63%	+$25.4M	9.57%	1
2023 Q1	$39.5M	Buy	+96,500	New	+$38.5M	5.01%	4
2022 Q4	–	Sell	-55,500	Closed	-$19.8M	–	146
2022 Q3	$19.8M	Buy	+55,500	New	+$22M	1.68%	12
2020 Q3	–	Sell	-189,000	Closed	-$58.3M	–	107
2020 Q2	$58.3M	Buy	+189,000	New	+$55.3M	6.17%	2
2017 Q3	–	Sell	-785,200	Closed	-$190M	–	70
2017 Q2	$190M	Buy	+785,200	New	+$188M	9.84%	1
2017 Q1	–	Sell	-364,000	Closed	-$81.4M	–	60
2016 Q4	$81.4M	Sell	364,000 -513,000	-58%	-$112M	6.42%	3
2016 Q3	$190M	Buy	877,000 +760,000	+650%	+$164M	16.79%	1
2016 Q2	$24.5M	Hold	117,000	–	–	3.3%	11
2016 Q1	$24M	Hold	117,000	–	–	2.41%	18
2015 Q4	$23.9M	Buy	+117,000	New	+$24M	3.35%	8

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

Governors Lane's SPY Position: Q4 2025 in Review

Governors Lane sold out of State Street SPDR S&P 500 ETF Trust (SPY) in Q4 2025, closing a stake of 5,170 shares — an estimated $3.44M sold.

Governors Lane first reported a position in SPY in Q3 2020 and held it in 10 quarters. The position peaked at $95.6M in Q2 2022. 4,611 funds tracked by Wall St. Rank hold SPY as of Q4 2025.

Governors Lane reported no remaining State Street SPDR S&P 500 ETF Trust position as of Q4 2025 after selling out during the quarter.
Governors Lane sold 5,170 State Street SPDR S&P 500 ETF Trust shares in Q4 2025, an estimated $3.44M.
Governors Lane first reported a position in State Street SPDR S&P 500 ETF Trust in Q3 2020 and held it in 10 quarters.
Governors Lane's State Street SPDR S&P 500 ETF Trust position peaked at $95.6M in Q2 2022.
4,611 funds tracked by Wall St. Rank held State Street SPDR S&P 500 ETF Trust as of Q4 2025.

Based on Governors Lane's 13F filing for Q4 2025, filed 17 Feb 2026.