State Street SPDR Bloomberg 1-3 Month T-Bill ETF
404 hedge funds and large institutions have $11.7B invested in State Street SPDR Bloomberg 1-3 Month T-Bill ETF in 2020 Q2 according to their latest regulatory filings, with 66 funds opening new positions, 128 increasing their positions, 172 reducing their positions, and 94 closing their positions.
7% less funds holding
Funds holding: 434 → 404 (-30)
10.3% less ownership
Funds ownership: 83.04% → 72.74% (-10%)
22% less capital invested
Capital invested by funds: $15B → $11.7B (-$3.34B)
26% less repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 172
30% less first-time investments, than exits
New positions opened: 66 | Existing positions closed: 94
35% less funds holding in top 10
Funds holding in top 10: 79 → 51 (-28)
85% less call options, than puts
Call options by funds: $11.3M | Put options by funds: $73.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$491M |
| 2 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
+$158M |
| 3 |
Morgan Stanley
New York
|
+$134M |
| 4 |
VAG
VisionPoint Advisory Group
Dallas,
Texas
|
+$99.2M |
| 5 |
AssetMark Inc
Concord,
California
|
+$85.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SW
SVB Wealth
Boston,
Massachusetts
|
-$759M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$648M |
| 3 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$590M |
| 4 |
PI
PFS Investments
Duluth,
Georgia
|
-$559M |
| 5 |
FM
Forward Management
San Francisco,
California
|
-$149M |
BIL Hedge Fund Activity: Q2 2020 in Review
404 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) for Q2 2020, worth a combined $11.7B — down 22% from $15B a quarter earlier.
Sellers outnumbered buyers: 94 funds closed out of BIL and 66 opened new positions — a net loss of 28 holders — while 172 trimmed existing stakes and 128 added.
The largest buyer was Bank of America, adding an estimated $491M. The largest seller was SVB Wealth, cutting an estimated $759M.
- 404 institutional investors held State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) as of Q2 2020, down from 434 in Q1 2020.
- Funds reported $11.7B of State Street SPDR Bloomberg 1-3 Month T-Bill ETF stock for Q2 2020, down 22% quarter-over-quarter.
- 66 funds opened new State Street SPDR Bloomberg 1-3 Month T-Bill ETF positions in Q2 2020 and 94 closed out, a net change of -28 holders.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF buyer in Q2 2020 was Bank of America, an estimated $491M added.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF seller in Q2 2020 was SVB Wealth, an estimated $759M sold.
Based on aggregated 13F filings for Q2 2020.