Polar Asset Management Partners’s State Street SPDR S&P 500 ETF Trust SPY Stock Holding History

Polar Asset Management Partners’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
2026 Q1	–	Sell	-1,350,000	Closed	-$921M	–	830
2025 Q4	$921M	Sell	1,350,000 -87,500	-6%	-$59.1M	11.68%	1
2025 Q3	$958M	Buy	+1,437,500	New	+$921M	10.75%	2
2025 Q2	–	Sell	-200,000	Closed	-$112M	–	705
2025 Q1	$112M	Buy	200,000 +150,000	+300%	+$88.2M	2.58%	5
2024 Q4	$29.3M	Buy	+50,000	New	+$29.5M	0.34%	59
2024 Q3	–	Sell	-50,000	Closed	-$27.2M	–	804
2024 Q2	$27.2M	Buy	+50,000	New	+$26.2M	0.57%	30
2024 Q1	–	Sell	-110,000	Closed	-$52.3M	–	869
2023 Q4	$52.3M	Buy	+110,000	New	+$49M	0.9%	14
2023 Q1	–	Sell	-600,000	Closed	-$229M	–	1152
2022 Q4	$229M	Buy	+600,000	New	+$231M	2.81%	2
2022 Q3	–	Sell	-350,000	Closed	-$132M	–	1476
2022 Q2	$132M	Buy	350,000 +170,000	+94%	+$69.6M	1.54%	4
2022 Q1	$81.3M	Buy	+180,000	New	+$80.1M	0.87%	13
2021 Q4	–	Sell	-280,000	Closed	-$120M	–	1496
2021 Q3	$120M	Sell	280,000 -20,000	-7%	-$8.82M	1.19%	10
2021 Q2	$128M	Buy	300,000 +290,000	+2,900%	+$121M	1.32%	9
2021 Q1	$3.96M	Sell	10,000 -520,000	-98%	-$201M	0.04%	389
2020 Q4	$198M	Sell	530,000 -425,000	-45%	-$151M	2.15%	5
2020 Q3	$320M	Buy	+955,000	New	+$316M	4.37%	4
2020 Q2	–	Sell	-150,000	Closed	-$38.7M	–	565
2020 Q1	$38.7M	Buy	+150,000	New	+$45.8M	0.78%	17
2019 Q4	–	Sell	-720,000	Closed	-$214M	–	469
2019 Q3	$214M	Buy	720,000 +620,000	+620%	+$183M	3.8%	3
2019 Q2	$29.3M	Buy	+100,000	New	+$28.8M	0.54%	30
2019 Q1	–	Sell	-315,000	Closed	-$78.7M	–	391
2018 Q4	$78.7M	Buy	315,000 +15,000	+5%	+$4.04M	1.54%	7
2018 Q3	$87.2M	Hold	300,000	–	–	1.69%	7
2018 Q2	$81.4M	Buy	300,000 +200,000	+200%	+$54M	1.43%	9
2018 Q1	$26.3M	Sell	100,000 -300,000	-75%	-$81.9M	0.43%	31
2017 Q4	$107M	Sell	400,000 -300,000	-43%	-$78M	1.69%	10
2017 Q3	$176M	Buy	700,000 +400,000	+133%	+$98.6M	3.53%	6
2017 Q2	$72.5M	Buy	+300,000	New	+$71.9M	1.71%	14
2017 Q1	–	Sell	-700,000	Closed	-$156M	–	294
2016 Q4	$156M	Buy	700,000 +100,000	+17%	+$21.8M	4.29%	4
2016 Q3	$130M	Buy	+600,000	New	+$130M	4.03%	3
2015 Q3	–	Sell	-400,000	Closed	-$82.3M	–	245
2015 Q2	$82.3M	Buy	+400,000	New	+$84.1M	3.58%	4
2014 Q1	–	Sell	-1,166,000	Closed	-$215M	–	193
2013 Q4	$215M	Buy	1,166,000 +566,000	+94%	+$100M	9.1%	2
2013 Q3	$101M	Buy	+600,000	New	+$101M	4.27%	3

Other funds holding SPY

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

Morgan Stanley New York $1.66T AUM 25.57% 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

Jane Street New York $777B AUM 61.18% 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

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

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

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

Polar Asset Management Partners's SPY Position: Q4 2025 in Review

Polar Asset Management Partners sold out of State Street SPDR S&P 500 ETF Trust (SPY) in Q4 2025, closing a stake of 37,500 shares — an estimated $25.3M sold.

Polar Asset Management Partners first reported a position in SPY in Q3 2015 and held it in 25 quarters. The position peaked at $73.6M in Q1 2023. 4,612 funds tracked by Wall St. Rank hold SPY as of Q4 2025.

Polar Asset Management Partners reported no remaining State Street SPDR S&P 500 ETF Trust position as of Q4 2025 after selling out during the quarter.
Polar Asset Management Partners sold 37,500 State Street SPDR S&P 500 ETF Trust shares in Q4 2025, an estimated $25.3M.
Polar Asset Management Partners first reported a position in State Street SPDR S&P 500 ETF Trust in Q3 2015 and held it in 25 quarters.
Polar Asset Management Partners's State Street SPDR S&P 500 ETF Trust position peaked at $73.6M in Q1 2023.
4,612 funds tracked by Wall St. Rank held State Street SPDR S&P 500 ETF Trust as of Q4 2025.

Based on Polar Asset Management Partners's 13F filing for Q4 2025, filed 17 Feb 2026.