State Street SPDR Bloomberg 1-3 Month T-Bill ETF
61 hedge funds and large institutions have $580M invested in State Street SPDR Bloomberg 1-3 Month T-Bill ETF in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 24 reducing their positions, and 15 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.95% less ownership
Funds ownership: 32.58% → 29.64% (-2.9%)
8% less funds holding
Funds holding: 66 → 61 (-5)
8% less capital invested
Capital invested by funds: $632M → $580M (-$51.9M)
13% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 24
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$48.6M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$12.7M |
| 3 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$10.7M |
| 4 |
SIM
Sentry Investment Management
Stevens Point,
Wisconsin
|
+$8.83M |
| 5 |
IA
IndexIQ Advisors
New York
|
+$5.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FM
Forward Management
San Francisco,
California
|
-$77.3M |
| 2 |
Bank of New York Mellon
New York
|
-$29.9M |
| 3 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
-$18.4M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.62M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$4.1M |
BIL Hedge Fund Activity: Q2 2014 in Review
61 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) for Q2 2014, worth a combined $580M — down 8.2% from $632M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of BIL and 10 opened new positions — a net loss of 5 holders — while 24 trimmed existing stakes and 21 added.
The largest buyer was Managed Account Advisors, adding an estimated $48.6M. The largest seller was Forward Management, cutting an estimated $77.3M.
- 61 institutional investors held State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) as of Q2 2014, down from 66 in Q1 2014.
- Funds reported $580M of State Street SPDR Bloomberg 1-3 Month T-Bill ETF stock for Q2 2014, down 8.2% quarter-over-quarter.
- 10 funds opened new State Street SPDR Bloomberg 1-3 Month T-Bill ETF positions in Q2 2014 and 15 closed out, a net change of -5 holders.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF buyer in Q2 2014 was Managed Account Advisors, an estimated $48.6M added.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF seller in Q2 2014 was Forward Management, an estimated $77.3M sold.
Based on aggregated 13F filings for Q2 2014.