State Street SPDR Bloomberg 1-3 Month T-Bill ETF
68 hedge funds and large institutions have $1.32B invested in State Street SPDR Bloomberg 1-3 Month T-Bill ETF in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 31 reducing their positions, and 17 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1.78% less ownership
Funds ownership: 40.6% → 38.83% (-1.8%)
12% less funds holding
Funds holding: 77 → 68 (-9)
29% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 31
36% less capital invested
Capital invested by funds: $2.07B → $1.32B (-$755M)
47% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
+$65.1M |
| 2 |
FM
Forward Management
San Francisco,
California
|
+$23.1M |
| 3 |
AssetMark Inc
Concord,
California
|
+$17.6M |
| 4 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$4.4M |
| 5 |
BWM
Biltmore Wealth Management
Tempe,
Arizona
|
+$3.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$248M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$142M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$140M |
| 4 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$98.7M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$79.4M |
BIL Hedge Fund Activity: Q2 2016 in Review
68 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) for Q2 2016, worth a combined $1.32B — down 36% from $2.07B a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of BIL and 9 opened new positions — a net loss of 8 holders — while 31 trimmed existing stakes and 22 added.
The largest buyer was Stadion Money Management, opening a new position worth an estimated $65.1M. The largest seller was Ameriprise, cutting an estimated $248M.
- 68 institutional investors held State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) as of Q2 2016, down from 77 in Q1 2016.
- Funds reported $1.32B of State Street SPDR Bloomberg 1-3 Month T-Bill ETF stock for Q2 2016, down 36% quarter-over-quarter.
- 9 funds opened new State Street SPDR Bloomberg 1-3 Month T-Bill ETF positions in Q2 2016 and 17 closed out, a net change of -8 holders.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF buyer in Q2 2016 was Stadion Money Management, an estimated $65.1M added.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF seller in Q2 2016 was Ameriprise, an estimated $248M sold.
Based on aggregated 13F filings for Q2 2016.