State Street SPDR Bloomberg 1-3 Month T-Bill ETF
70 hedge funds and large institutions have $826M invested in State Street SPDR Bloomberg 1-3 Month T-Bill ETF in 2014 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 26 increasing their positions, 15 reducing their positions, and 12 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
92% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 12
73% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 15
55% more capital invested
Capital invested by funds: $531M → $826M (+$295M)
17% more funds holding
Funds holding: 60 → 70 (+10)
5.87% more ownership
Funds ownership: 28.08% → 33.95% (+5.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$84.9M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$84.9M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$83.3M |
| 4 |
PSW
Portfolio Strategies (Washington)
Tacoma,
Washington
|
+$14.6M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FM
Forward Management
San Francisco,
California
|
-$29.7M |
| 2 |
SIM
Sentry Investment Management
Stevens Point,
Wisconsin
|
-$10.9M |
| 3 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$5.83M |
| 4 |
EMA
Efficient Market Advisors
San Diego,
California
|
-$3.25M |
| 5 |
Bank of New York Mellon
New York
|
-$3.22M |
BIL Hedge Fund Activity: Q4 2014 in Review
70 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) for Q4 2014, worth a combined $826M — up 55% from $531M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BIL positions and 12 closed out — a net gain of 11 holders — while 26 added to existing stakes and 15 trimmed.
The largest buyer was United Capital Financial Advisors, adding an estimated $84.9M. The largest seller was Forward Management, cutting an estimated $29.7M.
- 70 institutional investors held State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) as of Q4 2014, up from 60 in Q3 2014.
- Funds reported $826M of State Street SPDR Bloomberg 1-3 Month T-Bill ETF stock for Q4 2014, up 55% quarter-over-quarter.
- 23 funds opened new State Street SPDR Bloomberg 1-3 Month T-Bill ETF positions in Q4 2014 and 12 closed out, a net change of +11 holders.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF buyer in Q4 2014 was United Capital Financial Advisors, an estimated $84.9M added.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF seller in Q4 2014 was Forward Management, an estimated $29.7M sold.
Based on aggregated 13F filings for Q4 2014.