State Street SPDR Bloomberg 1-3 Month T-Bill ETF
56 hedge funds and large institutions have $1.05B invested in State Street SPDR Bloomberg 1-3 Month T-Bill ETF in 2013 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 9 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
16% more capital invested
Capital invested by funds: $904M → $1.05B (+$141M)
0% more funds holding
Funds holding: 56 → 56 (0)
6.67% less ownership
Funds ownership: 42.01% → 35.35% (-6.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$23.4M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$18.1M |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
+$17M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
+$11.1M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$9.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FM
Forward Management
San Francisco,
California
|
-$35.1M |
| 2 |
Morgan Stanley
New York
|
-$23.6M |
| 3 |
Bank of New York Mellon
New York
|
-$17.3M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$14.8M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.48M |
BIL Hedge Fund Activity: Q3 2013 in Review
56 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) for Q3 2013, worth a combined $1.05B — up 16% from $904M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BIL positions and 9 closed out — a net gain of 2 holders — while 25 added to existing stakes and 19 trimmed.
The largest buyer was Managed Account Advisors, opening a new position worth an estimated $23.4M. The largest seller was Forward Management, cutting an estimated $35.1M.
- 56 institutional investors held State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $1.05B of State Street SPDR Bloomberg 1-3 Month T-Bill ETF stock for Q3 2013, up 16% quarter-over-quarter.
- 11 funds opened new State Street SPDR Bloomberg 1-3 Month T-Bill ETF positions in Q3 2013 and 9 closed out, a net change of +2 holders.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF buyer in Q3 2013 was Managed Account Advisors, an estimated $23.4M added.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF seller in Q3 2013 was Forward Management, an estimated $35.1M sold.
Based on aggregated 13F filings for Q3 2013.