State Street SPDR Bloomberg 1-3 Month T-Bill ETF
77 hedge funds and large institutions have $2.07B invested in State Street SPDR Bloomberg 1-3 Month T-Bill ETF in 2016 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 28 increasing their positions, 23 reducing their positions, and 8 closing their positions.
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
22% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 23
12% more funds holding
Funds holding: 69 → 77 (+8)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
2% less capital invested
Capital invested by funds: $2.11B → $2.07B (-$37.8M)
1.8% less ownership
Funds ownership: 42.4% → 40.6% (-1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$123M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$78.1M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$65.1M |
| 4 |
Morgan Stanley
New York
|
+$33.3M |
| 5 |
State Street
Boston,
Massachusetts
|
+$27.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$205M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$111M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$52.2M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$50.4M |
| 5 |
FM
Forward Management
San Francisco,
California
|
-$14.2M |
BIL Hedge Fund Activity: Q1 2016 in Review
77 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) for Q1 2016, worth a combined $2.07B — down 1.8% from $2.11B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BIL positions and 8 closed out — a net gain of 9 holders — while 28 added to existing stakes and 23 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $123M. The largest seller was Bank of America, cutting an estimated $205M.
- 77 institutional investors held State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) as of Q1 2016, up from 69 in Q4 2015.
- Funds reported $2.07B of State Street SPDR Bloomberg 1-3 Month T-Bill ETF stock for Q1 2016, down 1.8% quarter-over-quarter.
- 17 funds opened new State Street SPDR Bloomberg 1-3 Month T-Bill ETF positions in Q1 2016 and 8 closed out, a net change of +9 holders.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF buyer in Q1 2016 was Royal Bank of Canada, an estimated $123M added.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF seller in Q1 2016 was Bank of America, an estimated $205M sold.
Based on aggregated 13F filings for Q1 2016.