State Street SPDR Bloomberg 1-3 Month T-Bill ETF
791 hedge funds and large institutions have $20B invested in State Street SPDR Bloomberg 1-3 Month T-Bill ETF in 2023 Q1 according to their latest regulatory filings, with 188 funds opening new positions, 295 increasing their positions, 250 reducing their positions, and 72 closing their positions.
161% more first-time investments, than exits
New positions opened: 188 | Existing positions closed: 72
22% more funds holding in top 10
Funds holding in top 10: 131 → 160 (+29)
18% more repeat investments, than reductions
Existing positions increased: 295 | Existing positions reduced: 250
15% more funds holding
Funds holding: 689 → 791 (+102)
3% less capital invested
Capital invested by funds: $20.6B → $20B (-$540M)
11.41% less ownership
Funds ownership: 78.26% → 66.85% (-11%)
52% less call options, than puts
Call options by funds: $469K | Put options by funds: $973K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$419M |
| 2 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$226M |
| 3 |
Jane Street
New York
|
+$195M |
| 4 |
CWP
Capital Wealth Planning
Naples,
Florida
|
+$176M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$108M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$754M |
| 2 |
PI
PFS Investments
Duluth,
Georgia
|
-$531M |
| 3 |
Goldman Sachs
New York
|
-$429M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$294M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$238M |
BIL Hedge Fund Activity: Q1 2023 in Review
791 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) for Q1 2023, worth a combined $20B — down 2.6% from $20.6B a quarter earlier.
Buyers outnumbered sellers: 188 funds opened new BIL positions and 72 closed out — a net gain of 116 holders — while 295 added to existing stakes and 250 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $419M. The largest seller was Horizon Investments, cutting an estimated $754M.
- 791 institutional investors held State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) as of Q1 2023, up from 689 in Q4 2022.
- Funds reported $20B of State Street SPDR Bloomberg 1-3 Month T-Bill ETF stock for Q1 2023, down 2.6% quarter-over-quarter.
- 188 funds opened new State Street SPDR Bloomberg 1-3 Month T-Bill ETF positions in Q1 2023 and 72 closed out, a net change of +116 holders.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF buyer in Q1 2023 was Morgan Stanley, an estimated $419M added.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF seller in Q1 2023 was Horizon Investments, an estimated $754M sold.
Based on aggregated 13F filings for Q1 2023.