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State Street SPDR Bloomberg 3-12 Month T-Bill ETF

276 hedge funds and large institutions have $2.42B invested in State Street SPDR Bloomberg 3-12 Month T-Bill ETF in 2025 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 129 increasing their positions, 88 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

111% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 18

47% more repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 88

10% more capital invested

Capital invested by funds: $2.2B → $2.42B (+$218M)

5% more funds holding

Funds holding: 263276 (+13)

4% more funds holding in top 10

Funds holding in top 10: 2627 (+1)

1.15% less ownership

Funds ownership: 67.23%66.08% (-1.1%)

Holders
276
Holders Change
+13
Holders Change %
+4.94%
% of All Funds
3.7%
Holding in Top 10
27
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+3.85%
% of All Funds
0.36%
New
38
Increased
129
Reduced
88
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Raymond James Financial
26
Raymond James Financial
Florida
$16.8M +$2.51M +25,279 +18%
NL
27
NDWM LLC
California
$16.7M +$277K +2,788 +2%
AAG
28
Armstrong Advisory Group
Massachusetts
$16.6M
Truist Financial
29
Truist Financial
North Carolina
$16.3M +$5.87M +59,083 +56%
Kovitz Investment Group Partners
30
Kovitz Investment Group Partners
Illinois
$15.1M -$3.5M -35,245 -19%
CastleKeep Investment Advisors
31
CastleKeep Investment Advisors
Connecticut
$13.7M -$2.61M -26,283 -16%
MML Investors Services
32
MML Investors Services
Massachusetts
$13.6M -$298K -2,999 -2%
NA
33
NewEdge Advisors
Louisiana
$13.5M +$2.39M +24,041 +21%
RPCA
34
Running Point Capital Advisors
California
$13.5M +$7.36M +74,115 +121%
AQR Capital Management
35
AQR Capital Management
Connecticut
$13.2M +$11.8M +118,338 +829%
FAIM
36
Financial Advocates Investment Management
Washington
$13M +$290K +2,922 +2%
CIA
37
Choate Investment Advisors
Massachusetts
$12.4M +$3.25M +32,746 +36%
AWM
38
Austin Wealth Management
Texas
$12M -$111K -1,118 -0.9%
BWM
39
Birchcreek Wealth Management
Ohio
$11.9M +$624K +6,281 +6%
TCFP
40
Treasure Coast Financial Planning
Florida
$11.7M +$605K +6,088 +5%
DWA
41
Delos Wealth Advisors
Texas
$11.6M -$419K -4,218 -3%
HFW
42
Horizon Family Wealth
Illinois
$11.6M +$2.4M +24,206 +26%
WAM
43
WealthTrust Asset Management
Florida
$11.2M +$8.58M +86,344 +325%
EH
44
Equitable Holdings
New York
$11.1M +$797K +8,026 +8%
DFC
45
DBK Financial Counsel
Ohio
$10.9M +$10.2M +102,690 +1,485%
Northwestern Mutual Wealth Management
46
Northwestern Mutual Wealth Management
Wisconsin
$10.8M +$2.88M +29,038 +37%
AFG
47
Altiora Financial Group
Ohio
$10.5M +$767K +7,725 +8%
PAG
48
Private Advisor Group
New Jersey
$10.3M +$3.57M +35,917 +53%
MWM
49
MOKAN Wealth Management
Kansas
$10.3M +$528K +5,314 +5%
CF
50
Convergence Financial
Missouri
$10M +$1M +10,068 +11%

BILS Hedge Fund Activity: Q1 2025 in Review

276 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) for Q1 2025, worth a combined $2.42B — up 9.9% from $2.2B a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new BILS positions and 18 closed out — a net gain of 20 holders — while 129 added to existing stakes and 88 trimmed.

The largest buyer was Carson Wealth (CWM LLC), adding an estimated $35.8M. The largest seller was Osaic Holdings, cutting an estimated $23.3M.

  • 276 institutional investors held State Street SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) as of Q1 2025, up from 263 in Q4 2024.
  • Funds reported $2.42B of State Street SPDR Bloomberg 3-12 Month T-Bill ETF stock for Q1 2025, up 9.9% quarter-over-quarter.
  • 38 funds opened new State Street SPDR Bloomberg 3-12 Month T-Bill ETF positions in Q1 2025 and 18 closed out, a net change of +20 holders.
  • The largest State Street SPDR Bloomberg 3-12 Month T-Bill ETF buyer in Q1 2025 was Carson Wealth (CWM LLC), an estimated $35.8M added.
  • The largest State Street SPDR Bloomberg 3-12 Month T-Bill ETF seller in Q1 2025 was Osaic Holdings, an estimated $23.3M sold.

Based on aggregated 13F filings for Q1 2025.