State Street SPDR Bloomberg 1-3 Month T-Bill ETF
380 hedge funds and large institutions have $10.2B invested in State Street SPDR Bloomberg 1-3 Month T-Bill ETF in 2020 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 98 increasing their positions, 190 reducing their positions, and 70 closing their positions.
0.34% less ownership
Funds ownership: 72.74% → 72.4% (-0.34%)
6% less funds holding
Funds holding: 404 → 380 (-24)
12% less capital invested
Capital invested by funds: $11.7B → $10.2B (-$1.43B)
29% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 70
39% less funds holding in top 10
Funds holding in top 10: 51 → 31 (-20)
48% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 190
70% less call options, than puts
Call options by funds: $17M | Put options by funds: $56.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$563M |
| 2 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
+$85.3M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$70M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$52.5M |
| 5 |
QAM
Q3 Asset Management
Birmingham,
Michigan
|
+$41.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$374M |
| 2 |
AssetMark Inc
Concord,
California
|
-$276M |
| 3 |
FM
Forward Management
San Francisco,
California
|
-$196M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$193M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$173M |
BIL Hedge Fund Activity: Q3 2020 in Review
380 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) for Q3 2020, worth a combined $10.2B — down 12% from $11.7B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of BIL and 50 opened new positions — a net loss of 20 holders — while 190 trimmed existing stakes and 98 added.
The largest buyer was Bank of America, adding an estimated $563M. The largest seller was Horizon Investments, exiting entirely with an estimated $374M sold.
- 380 institutional investors held State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) as of Q3 2020, down from 404 in Q2 2020.
- Funds reported $10.2B of State Street SPDR Bloomberg 1-3 Month T-Bill ETF stock for Q3 2020, down 12% quarter-over-quarter.
- 50 funds opened new State Street SPDR Bloomberg 1-3 Month T-Bill ETF positions in Q3 2020 and 70 closed out, a net change of -20 holders.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF buyer in Q3 2020 was Bank of America, an estimated $563M added.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF seller in Q3 2020 was Horizon Investments, an estimated $374M sold.
Based on aggregated 13F filings for Q3 2020.