State Street SPDR Bloomberg 1-3 Month T-Bill ETF
850 hedge funds and large institutions have $17.2B invested in State Street SPDR Bloomberg 1-3 Month T-Bill ETF in 2023 Q2 according to their latest regulatory filings, with 142 funds opening new positions, 301 increasing their positions, 332 reducing their positions, and 76 closing their positions.
87% more first-time investments, than exits
New positions opened: 142 | Existing positions closed: 76
7% more funds holding
Funds holding: 792 → 850 (+58)
1% more funds holding in top 10
Funds holding in top 10: 159 → 160 (+1)
9% less repeat investments, than reductions
Existing positions increased: 301 | Existing positions reduced: 332
6.49% less ownership
Funds ownership: 66.9% → 60.41% (-6.5%)
14% less capital invested
Capital invested by funds: $20B → $17.2B (-$2.79B)
71% less call options, than puts
Call options by funds: $2.18M | Put options by funds: $7.43M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WS
Wedbush Securities
Los Angeles,
California
|
+$151M |
| 2 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
+$122M |
| 3 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$104M |
| 4 |
MMEA
Main Management ETF Advisors
San Francisco,
California
|
+$94.1M |
| 5 |
CF
Clarity Financial
Houston,
Texas
|
+$91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$486M |
| 2 |
AssetMark Inc
Concord,
California
|
-$435M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$398M |
| 4 |
AF
Allworth Financial
Folsom,
California
|
-$362M |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
-$248M |
BIL Hedge Fund Activity: Q2 2023 in Review
850 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) for Q2 2023, worth a combined $17.2B — down 14% from $20B a quarter earlier.
Buyers outnumbered sellers: 142 funds opened new BIL positions and 76 closed out — a net gain of 66 holders — while 301 added to existing stakes and 332 trimmed.
The largest buyer was Wedbush Securities, adding an estimated $151M. The largest seller was Envestnet Asset Management, cutting an estimated $486M.
- 850 institutional investors held State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) as of Q2 2023, up from 792 in Q1 2023.
- Funds reported $17.2B of State Street SPDR Bloomberg 1-3 Month T-Bill ETF stock for Q2 2023, down 14% quarter-over-quarter.
- 142 funds opened new State Street SPDR Bloomberg 1-3 Month T-Bill ETF positions in Q2 2023 and 76 closed out, a net change of +66 holders.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF buyer in Q2 2023 was Wedbush Securities, an estimated $151M added.
- The largest State Street SPDR Bloomberg 1-3 Month T-Bill ETF seller in Q2 2023 was Envestnet Asset Management, an estimated $486M sold.
Based on aggregated 13F filings for Q2 2023.