State Street SPDR Bloomberg 1-3 Month T-Bill ETF
69 hedge funds and large institutions have $2.11B invested in State Street SPDR Bloomberg 1-3 Month T-Bill ETF in 2015 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 15 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
13% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 15
1% more funds holding
Funds holding: 68 → 69 (+1)
5% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 22
1.81% less ownership
Funds ownership: 44.21% → 42.4% (-1.8%)
22% less capital invested
Capital invested by funds: $2.71B → $2.11B (-$602M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$111M |
| 2 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$15.6M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$13.9M |
| 4 |
Morgan Stanley
New York
|
+$12.2M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$228M |
| 2 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$134M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$125M |
| 4 |
FM
Forward Management
San Francisco,
California
|
-$79.5M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$68.6M |
BIL Hedge Fund Activity: Q4 2015 in Review
69 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) for Q4 2015, worth a combined $2.11B — down 22% from $2.71B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BIL positions and 15 closed out — a net gain of 2 holders — while 23 added to existing stakes and 22 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $111M. The largest seller was Ameriprise, cutting an estimated $228M.
- 69 institutional investors held State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) as of Q4 2015, up from 68 in Q3 2015.
- Funds reported $2.11B of State Street SPDR Bloomberg 1-3 Month T-Bill ETF stock for Q4 2015, down 22% quarter-over-quarter.
- 17 funds opened new State Street SPDR Bloomberg 1-3 Month T-Bill ETF positions in Q4 2015 and 15 closed out, a net change of +2 holders.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF buyer in Q4 2015 was Bank of Montreal, an estimated $111M added.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF seller in Q4 2015 was Ameriprise, an estimated $228M sold.
Based on aggregated 13F filings for Q4 2015.