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

Intrepid 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	-305	Closed	-$203K	–	112
2025 Q3	$203K	Buy	+305	New	+$196K	0.08%	107
2024 Q3	–	Sell	-400	Closed	-$218K	–	102
2024 Q2	$218K	Hold	400	–	–	0.14%	87
2024 Q1	$209K	Sell	400 -25	-6%	-$12.4K	0.14%	89
2023 Q4	$202K	Buy	425 +34	+9%	+$15.1K	0.14%	81
2023 Q3	$167K	Hold	391	–	–	0.12%	78
2023 Q2	$173K	Sell	391 -451	-54%	-$189K	0.12%	79
2023 Q1	$345K	Sell	842 -501	-37%	-$200K	0.3%	58
2022 Q4	$514K	Sell	1,343 -281	-17%	-$108K	0.44%	48
2022 Q3	$580K	Buy	+1,624	New	+$645K	0.47%	48

Other funds holding SPY

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $1.28T AUM 58.89% 1-Year Est. Return

Jane Street New York $1.21T AUM 78.12% 1-Year Est. Return

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

Intrepid Capital Management sold out of State Street SPDR S&P 500 ETF Trust (SPY) in Q4 2025, closing a stake of 305 shares — an estimated $203K sold.

Intrepid Capital Management first reported a position in SPY in Q3 2022 and held it in 9 quarters. The position peaked at $580K in Q3 2022. 4,628 funds tracked by Wall St. Rank hold SPY as of Q4 2025.

Intrepid Capital Management reported no remaining State Street SPDR S&P 500 ETF Trust position as of Q4 2025 after selling out during the quarter.
Intrepid Capital Management sold 305 State Street SPDR S&P 500 ETF Trust shares in Q4 2025, an estimated $203K.
Intrepid Capital Management first reported a position in State Street SPDR S&P 500 ETF Trust in Q3 2022 and held it in 9 quarters.
Intrepid Capital Management's State Street SPDR S&P 500 ETF Trust position peaked at $580K in Q3 2022.
4,628 funds tracked by Wall St. Rank held State Street SPDR S&P 500 ETF Trust as of Q4 2025.

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