State Street SPDR Bloomberg 3-12 Month T-Bill ETF
BILS
232 hedge funds and large institutions have $2.1B invested in State Street SPDR Bloomberg 3-12 Month T-Bill ETF in 2023 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 98 increasing their positions, 73 reducing their positions, and 16 closing their positions.
194% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 16
34% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 73
15% more funds holding
Funds holding: 201 → 232 (+31)
14% more capital invested
Capital invested by funds: $1.85B → $2.1B (+$251M)
3.45% more ownership
Funds ownership: 68.3% → 71.75% (+3.5%)
13% less funds holding in top 10
Funds holding in top 10: 24 → 21 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FGA
Fortis Group Advisors
Westwood,
New Jersey
|
+$59.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$40.3M |
| 3 |
Renaissance Technologies
New York
|
+$25M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$22M |
| 5 |
LPL Financial
San Diego,
California
|
+$19.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
-$68.6M |
| 2 |
ACM
Advance Capital Management
Southfield,
Michigan
|
-$40.4M |
| 3 |
WCAMG
Woodard & Company Asset Management Group
Bermuda Run,
North Carolina
|
-$13M |
| 4 |
RCS
Retirement Capital Strategies
San Jose,
California
|
-$11.4M |
| 5 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$8.57M |
BILS Hedge Fund Activity: Q4 2023 in Review
232 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) for Q4 2023, worth a combined $2.1B — up 14% from $1.85B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new BILS positions and 16 closed out — a net gain of 31 holders — while 98 added to existing stakes and 73 trimmed.
The largest buyer was Fortis Group Advisors, opening a new position worth an estimated $59.9M. The largest seller was Cerity Partners, cutting an estimated $68.6M.
- 232 institutional investors held State Street SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) as of Q4 2023, up from 201 in Q3 2023.
- Funds reported $2.1B of State Street SPDR Bloomberg 3-12 Month T-Bill ETF stock for Q4 2023, up 14% quarter-over-quarter.
- 47 funds opened new State Street SPDR Bloomberg 3-12 Month T-Bill ETF positions in Q4 2023 and 16 closed out, a net change of +31 holders.
- The largest State Street SPDR Bloomberg 3-12 Month T-Bill ETF buyer in Q4 2023 was Fortis Group Advisors, an estimated $59.9M added.
- The largest State Street SPDR Bloomberg 3-12 Month T-Bill ETF seller in Q4 2023 was Cerity Partners, an estimated $68.6M sold.
Based on aggregated 13F filings for Q4 2023.