State Street SPDR Bloomberg 1-3 Month T-Bill ETF
82 hedge funds and large institutions have $854M invested in State Street SPDR Bloomberg 1-3 Month T-Bill ETF in 2017 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 32 increasing their positions, 28 reducing their positions, and 22 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 28
5.14% less ownership
Funds ownership: 29.24% → 24.1% (-5.1%)
6% less funds holding
Funds holding: 87 → 82 (-5)
12% less capital invested
Capital invested by funds: $966M → $854M (-$112M)
18% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 22
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$44.9M |
| 2 |
MM
Main Management
San Francisco,
California
|
+$19.2M |
| 3 |
IA
IndexIQ Advisors
New York
|
+$17.4M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$11.9M |
| 5 |
AC
AFAM Capital
Austin,
Texas
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FM
Forward Management
San Francisco,
California
|
-$125M |
| 2 |
BB
Bell Bank
Fargo,
North Dakota
|
-$25.2M |
| 3 |
AssetMark Inc
Concord,
California
|
-$20.5M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$17.6M |
| 5 |
PFG
Piershale Financial Group
Barrington,
Illinois
|
-$16M |
BIL Hedge Fund Activity: Q3 2017 in Review
82 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) for Q3 2017, worth a combined $854M — down 12% from $966M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of BIL and 18 opened new positions — a net loss of 4 holders — while 28 trimmed existing stakes and 32 added.
The largest buyer was Ameriprise, adding an estimated $44.9M. The largest seller was Forward Management, exiting entirely with an estimated $125M sold.
- 82 institutional investors held State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) as of Q3 2017, down from 87 in Q2 2017.
- Funds reported $854M of State Street SPDR Bloomberg 1-3 Month T-Bill ETF stock for Q3 2017, down 12% quarter-over-quarter.
- 18 funds opened new State Street SPDR Bloomberg 1-3 Month T-Bill ETF positions in Q3 2017 and 22 closed out, a net change of -4 holders.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF buyer in Q3 2017 was Ameriprise, an estimated $44.9M added.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF seller in Q3 2017 was Forward Management, an estimated $125M sold.
Based on aggregated 13F filings for Q3 2017.