State Street SPDR Bloomberg 1-3 Month T-Bill ETF
60 hedge funds and large institutions have $531M invested in State Street SPDR Bloomberg 1-3 Month T-Bill ETF in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 24 reducing their positions, and 11 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
1.56% less ownership
Funds ownership: 29.64% → 28.08% (-1.6%)
2% less funds holding
Funds holding: 61 → 60 (-1)
8% less capital invested
Capital invested by funds: $580M → $531M (-$49.1M)
29% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FM
Forward Management
San Francisco,
California
|
+$14.5M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$14.2M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$7.06M |
| 4 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$3.63M |
| 5 |
IA
IndexIQ Advisors
New York
|
+$2.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$35.9M |
| 2 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$25.9M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$8.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$7.58M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.81M |
BIL Hedge Fund Activity: Q3 2014 in Review
60 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) for Q3 2014, worth a combined $531M — down 8.5% from $580M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BIL and 10 opened new positions — a net loss of 1 holder — while 24 trimmed existing stakes and 17 added.
The largest buyer was Forward Management, adding an estimated $14.5M. The largest seller was Managed Account Advisors, cutting an estimated $35.9M.
- 60 institutional investors held State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) as of Q3 2014, down from 61 in Q2 2014.
- Funds reported $531M of State Street SPDR Bloomberg 1-3 Month T-Bill ETF stock for Q3 2014, down 8.5% quarter-over-quarter.
- 10 funds opened new State Street SPDR Bloomberg 1-3 Month T-Bill ETF positions in Q3 2014 and 11 closed out, a net change of -1 holder.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF buyer in Q3 2014 was Forward Management, an estimated $14.5M added.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF seller in Q3 2014 was Managed Account Advisors, an estimated $35.9M sold.
Based on aggregated 13F filings for Q3 2014.