State Street SPDR Bloomberg 1-3 Month T-Bill ETF
1,309 hedge funds and large institutions have $29.2B invested in State Street SPDR Bloomberg 1-3 Month T-Bill ETF in 2026 Q1 according to their latest regulatory filings, with 173 funds opening new positions, 578 increasing their positions, 476 reducing their positions, and 78 closing their positions.
122% more first-time investments, than exits
New positions opened: 173 | Existing positions closed: 78
31% more capital invested
Capital invested by funds: $22.3B → $29.2B (+$6.89B)
22% more funds holding in top 10
Funds holding in top 10: 185 → 226 (+41)
21% more repeat investments, than reductions
Existing positions increased: 578 | Existing positions reduced: 476
6% more funds holding
Funds holding: 1,236 → 1,309 (+73)
5.52% more ownership
Funds ownership: 52.96% → 58.48% (+5.5%)
49% less call options, than puts
Call options by funds: $2.53M | Put options by funds: $4.93M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Howard Capital Management
Roswell,
Georgia
|
+$1.1B |
| 2 |
Morgan Stanley
New York
|
+$608M |
| 3 |
3AM
3EDGE Asset Management
Naples,
Florida
|
+$489M |
| 4 |
AssetMark Inc
Concord,
California
|
+$389M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$388M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Corient Private Wealth
Miami,
Florida
|
-$380M |
| 2 |
IPW
Impact Partnership Wealth
Marietta,
Georgia
|
-$89.4M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$86.8M |
| 4 |
CWP
Capital Wealth Planning
Naples,
Florida
|
-$75.6M |
| 5 |
GAM
Gotham Asset Management
New York
|
-$73.4M |
BIL Hedge Fund Activity: Q1 2026 in Review
1,309 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) for Q1 2026, worth a combined $29.2B — up 31% from $22.3B a quarter earlier.
Buyers outnumbered sellers: 173 funds opened new BIL positions and 78 closed out — a net gain of 95 holders — while 578 added to existing stakes and 476 trimmed.
The largest buyer was Howard Capital Management, adding an estimated $1.1B. The largest seller was Corient Private Wealth, cutting an estimated $380M.
- 1,309 institutional investors held State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) as of Q1 2026, up from 1,236 in Q4 2025.
- Funds reported $29.2B of State Street SPDR Bloomberg 1-3 Month T-Bill ETF stock for Q1 2026, up 31% quarter-over-quarter.
- 173 funds opened new State Street SPDR Bloomberg 1-3 Month T-Bill ETF positions in Q1 2026 and 78 closed out, a net change of +95 holders.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF buyer in Q1 2026 was Howard Capital Management, an estimated $1.1B added.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF seller in Q1 2026 was Corient Private Wealth, an estimated $380M sold.
Based on aggregated 13F filings for Q1 2026.