State Street SPDR Bloomberg 3-12 Month T-Bill ETF
BILS
277 hedge funds and large institutions have $2.41B invested in State Street SPDR Bloomberg 3-12 Month T-Bill ETF in 2025 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 129 increasing their positions, 88 reducing their positions, and 18 closing their positions.
169% more capital inflows, than outflows
Capital inflows: $375M | Capital outflows: $140M
117% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 18
47% more repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 88
5% more funds holding
Funds holding: 263 → 277 (+14)
4% more funds holding in top 10
Funds holding in top 10: 26 → 27 (+1)
3.39% less ownership
Funds ownership: 69.44% → 66.06% (-3.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$35.8M |
| 2 |
LPL Financial
San Diego,
California
|
+$29.7M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$29.6M |
| 4 |
Renaissance Technologies
New York
|
+$14.4M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$23.3M |
| 2 |
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$19M |
| 3 |
Retirement Capital Strategies
San Jose,
California
|
-$11.5M |
| 4 |
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$8.23M |
| 5 |
Stratos Wealth Partners
Beachwood,
Ohio
|
-$6.14M |
BILS Hedge Fund Activity: Q1 2025 in Review
277 of the 7,482 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 $2.41B — up 9.9% from $2.2B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new BILS positions and 18 closed out — a net gain of 21 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.
- 277 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 $2.41B of State Street SPDR Bloomberg 3-12 Month T-Bill ETF stock for Q1 2025, up 9.9% quarter-over-quarter.
- 39 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 +21 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.