State Street SPDR Bloomberg 3-12 Month T-Bill ETF
BILS
202 hedge funds and large institutions have $1.85B invested in State Street SPDR Bloomberg 3-12 Month T-Bill ETF in 2023 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 98 increasing their positions, 54 reducing their positions, and 15 closing their positions.
160% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 15
81% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 54
50% more funds holding in top 10
Funds holding in top 10: 16 → 24 (+8)
18% more capital invested
Capital invested by funds: $1.56B → $1.85B (+$288M)
12% more funds holding
Funds holding: 180 → 202 (+22)
1.52% more ownership
Funds ownership: 66.78% → 68.3% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HPC
HM Payson & Co
Portland,
Maine
|
+$94.9M |
| 2 |
Cerity Partners
New York
|
+$72.2M |
| 3 |
ACM
Advance Capital Management
Southfield,
Michigan
|
+$45.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$43.9M |
| 5 |
CCM
Coldstream Capital Management
Bellevue,
Washington
|
+$26.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$71.6M |
| 2 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$47.5M |
| 3 |
TWM
TMD Wealth Management
Scottsdale,
Arizona
|
-$24.8M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$17M |
| 5 |
BCMIO
Beacon Capital Management Inc (Ohio)
Dayton,
Ohio
|
-$7.75M |
BILS Hedge Fund Activity: Q3 2023 in Review
202 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) for Q3 2023, worth a combined $1.85B — up 18% from $1.56B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new BILS positions and 15 closed out — a net gain of 24 holders — while 98 added to existing stakes and 54 trimmed.
The largest buyer was HM Payson & Co, adding an estimated $94.9M. The largest seller was Jane Street, cutting an estimated $71.6M.
- 202 institutional investors held State Street SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) as of Q3 2023, up from 180 in Q2 2023.
- Funds reported $1.85B of State Street SPDR Bloomberg 3-12 Month T-Bill ETF stock for Q3 2023, up 18% quarter-over-quarter.
- 39 funds opened new State Street SPDR Bloomberg 3-12 Month T-Bill ETF positions in Q3 2023 and 15 closed out, a net change of +24 holders.
- The largest State Street SPDR Bloomberg 3-12 Month T-Bill ETF buyer in Q3 2023 was HM Payson & Co, an estimated $94.9M added.
- The largest State Street SPDR Bloomberg 3-12 Month T-Bill ETF seller in Q3 2023 was Jane Street, an estimated $71.6M sold.
Based on aggregated 13F filings for Q3 2023.