State Street SPDR Bloomberg 1-3 Month T-Bill ETF
80 hedge funds and large institutions have $1B invested in State Street SPDR Bloomberg 1-3 Month T-Bill ETF in 2016 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 35 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
8% more funds holding
Funds holding: 74 → 80 (+6)
1.33% more ownership
Funds ownership: 30.6% → 31.94% (+1.3%)
4% less capital invested
Capital invested by funds: $1.04B → $1B (-$37M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
31% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FM
Forward Management
San Francisco,
California
|
+$29.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$27.3M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$20.3M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$14.9M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$7.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$42.7M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$25.2M |
| 3 |
PP
Pension Partners
New York
|
-$24.2M |
| 4 |
Morgan Stanley
New York
|
-$21.6M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$18.1M |
BIL Hedge Fund Activity: Q4 2016 in Review
80 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) for Q4 2016, worth a combined $1B — down 3.6% from $1.04B a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BIL positions and 7 closed out — a net gain of 6 holders — while 24 added to existing stakes and 35 trimmed.
The largest buyer was Forward Management, adding an estimated $29.6M. The largest seller was Royal Bank of Canada, cutting an estimated $42.7M.
- 80 institutional investors held State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) as of Q4 2016, up from 74 in Q3 2016.
- Funds reported $1B of State Street SPDR Bloomberg 1-3 Month T-Bill ETF stock for Q4 2016, down 3.6% quarter-over-quarter.
- 13 funds opened new State Street SPDR Bloomberg 1-3 Month T-Bill ETF positions in Q4 2016 and 7 closed out, a net change of +6 holders.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF buyer in Q4 2016 was Forward Management, an estimated $29.6M added.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF seller in Q4 2016 was Royal Bank of Canada, an estimated $42.7M sold.
Based on aggregated 13F filings for Q4 2016.