State Street SPDR Bloomberg 1-3 Month T-Bill ETF
166 hedge funds and large institutions have $1.53B invested in State Street SPDR Bloomberg 1-3 Month T-Bill ETF in 2018 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 58 increasing their positions, 41 reducing their positions, and 17 closing their positions.
159% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 17
41% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 41
25% more funds holding in top 10
Funds holding in top 10: 16 → 20 (+4)
19% more funds holding
Funds holding: 140 → 166 (+26)
21.83% less ownership
Funds ownership: 68.31% → 46.48% (-22%)
23% less capital invested
Capital invested by funds: $1.99B → $1.53B (-$465M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JPG
Jordan Park Group
San Francisco,
California
|
+$124M |
| 2 |
IA
IndexIQ Advisors
New York
|
+$32.9M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$31.2M |
| 4 |
State Street
Boston,
Massachusetts
|
+$23M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$22.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$242M |
| 2 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$198M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$132M |
| 4 |
Citigroup
New York
|
-$71.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$58.3M |
BIL Hedge Fund Activity: Q2 2018 in Review
166 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) for Q2 2018, worth a combined $1.53B — down 23% from $1.99B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new BIL positions and 17 closed out — a net gain of 27 holders — while 58 added to existing stakes and 41 trimmed.
The largest buyer was Jordan Park Group, opening a new position worth an estimated $124M. The largest seller was Stadion Money Management, exiting entirely with an estimated $242M sold.
- 166 institutional investors held State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) as of Q2 2018, up from 140 in Q1 2018.
- Funds reported $1.53B of State Street SPDR Bloomberg 1-3 Month T-Bill ETF stock for Q2 2018, down 23% quarter-over-quarter.
- 44 funds opened new State Street SPDR Bloomberg 1-3 Month T-Bill ETF positions in Q2 2018 and 17 closed out, a net change of +27 holders.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF buyer in Q2 2018 was Jordan Park Group, an estimated $124M added.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF seller in Q2 2018 was Stadion Money Management, an estimated $242M sold.
Based on aggregated 13F filings for Q2 2018.