State Street SPDR Bloomberg 1-3 Month T-Bill ETF
74 hedge funds and large institutions have $1.04B invested in State Street SPDR Bloomberg 1-3 Month T-Bill ETF in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 21 increasing their positions, 30 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
46% more call options, than puts
Call options by funds: $15.5M | Put options by funds: $10.6M
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
9% more funds holding
Funds holding: 68 → 74 (+6)
8.22% less ownership
Funds ownership: 38.83% → 30.6% (-8.2%)
21% less capital invested
Capital invested by funds: $1.32B → $1.04B (-$276M)
30% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$40.5M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$30.7M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$28.8M |
| 4 |
JCM
Jacobi Capital Management
Pittston,
Pennsylvania
|
+$26M |
| 5 |
PP
Pension Partners
New York
|
+$24.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$194M |
| 2 |
FM
Forward Management
San Francisco,
California
|
-$73.5M |
| 3 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$65.1M |
| 4 |
State Street
Boston,
Massachusetts
|
-$62M |
| 5 |
AssetMark Inc
Concord,
California
|
-$18.7M |
BIL Hedge Fund Activity: Q3 2016 in Review
74 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) for Q3 2016, worth a combined $1.04B — down 21% from $1.32B a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BIL positions and 10 closed out — a net gain of 6 holders — while 21 added to existing stakes and 30 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $40.5M. The largest seller was Ameriprise, cutting an estimated $194M.
- 74 institutional investors held State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) as of Q3 2016, up from 68 in Q2 2016.
- Funds reported $1.04B of State Street SPDR Bloomberg 1-3 Month T-Bill ETF stock for Q3 2016, down 21% quarter-over-quarter.
- 16 funds opened new State Street SPDR Bloomberg 1-3 Month T-Bill ETF positions in Q3 2016 and 10 closed out, a net change of +6 holders.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF buyer in Q3 2016 was Royal Bank of Canada, an estimated $40.5M added.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF seller in Q3 2016 was Ameriprise, an estimated $194M sold.
Based on aggregated 13F filings for Q3 2016.