State Street SPDR Bloomberg 1-3 Month T-Bill ETF
370 hedge funds and large institutions have $5.13B invested in State Street SPDR Bloomberg 1-3 Month T-Bill ETF in 2019 Q4 according to their latest regulatory filings, with 98 funds opening new positions, 118 increasing their positions, 123 reducing their positions, and 35 closing their positions.
180% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 35
18% more funds holding
Funds holding: 313 → 370 (+57)
4% more funds holding in top 10
Funds holding in top 10: 51 → 53 (+2)
2% less capital invested
Capital invested by funds: $5.25B → $5.13B (-$120M)
4% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 123
4.25% less ownership
Funds ownership: 61.18% → 56.92% (-4.3%)
69% less call options, than puts
Call options by funds: $6.47M | Put options by funds: $20.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$117M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$94.9M |
| 3 |
VAG
VisionPoint Advisory Group
Dallas,
Texas
|
+$82.9M |
| 4 |
Goldman Sachs
New York
|
+$75M |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
+$51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$213M |
| 2 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$192M |
| 3 |
FM
Forward Management
San Francisco,
California
|
-$152M |
| 4 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$123M |
| 5 |
SI
Scharf Investments
Los Gatos,
California
|
-$56.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFG
401
Citizens Financial Group
Providence,
Rhode Island
| – | -$49K | -531 | Closed |
|
|
KPCM
402
Kings Point Capital Management
Great Neck,
New York
| – | -$13K | -141 | Closed |
|
|
RFWA
403
RPg Family Wealth Advisory
Burlington,
Massachusetts
| – | -$10.7K | -117 | Closed |
|
|
SB
404
Strategic Blueprint
Atlanta,
Georgia
| – | -$9K | -101 | Closed |
|
|
POIA
405
Pin Oak Investment Advisors
Houston,
Texas
| – | -$3K | -32 | Closed |
|
406
Fidelity Investments
Boston,
Massachusetts
| – | -$1.46K | -16 | -84% |
|
BIL Hedge Fund Activity: Q4 2019 in Review
370 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) for Q4 2019, worth a combined $5.13B — down 2.3% from $5.25B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new BIL positions and 35 closed out — a net gain of 63 holders — while 118 added to existing stakes and 123 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $117M. The largest seller was Ameriprise, cutting an estimated $213M.
- 370 institutional investors held State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) as of Q4 2019, up from 313 in Q3 2019.
- Funds reported $5.13B of State Street SPDR Bloomberg 1-3 Month T-Bill ETF stock for Q4 2019, down 2.3% quarter-over-quarter.
- 98 funds opened new State Street SPDR Bloomberg 1-3 Month T-Bill ETF positions in Q4 2019 and 35 closed out, a net change of +63 holders.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF buyer in Q4 2019 was Bank of Montreal, an estimated $117M added.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF seller in Q4 2019 was Ameriprise, an estimated $213M sold.
Based on aggregated 13F filings for Q4 2019.