State Street SPDR Bloomberg 3-12 Month T-Bill ETF
BILS
278 hedge funds and large institutions have $2.7B invested in State Street SPDR Bloomberg 3-12 Month T-Bill ETF in 2026 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 117 increasing their positions, 113 reducing their positions, and 21 closing their positions.
52% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 21
19% more funds holding in top 10
Funds holding in top 10: 27 → 32 (+5)
8% more capital invested
Capital invested by funds: $2.5B → $2.7B (+$197M)
3% more funds holding
Funds holding: 271 → 278 (+7)
1.37% more ownership
Funds ownership: 65.12% → 66.49% (+1.4%)
4% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 113
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$38M |
| 2 |
MFGM
Marshall Financial Group (Maryland)
Hunt Valley,
Maryland
|
+$35.8M |
| 3 |
MIM
Miller Investment Management
West Conshohocken,
Pennsylvania
|
+$25M |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$21.8M |
| 5 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$17.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Pecaut & Co
Sioux City,
Iowa
|
-$20.4M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$17.2M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$14.7M |
| 4 |
Focus Partners Wealth
Boston,
Massachusetts
|
-$12.7M |
| 5 |
AWM
Austin Wealth Management
Austin,
Texas
|
-$8.8M |
BILS Hedge Fund Activity: Q1 2026 in Review
278 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) for Q1 2026, worth a combined $2.7B — up 7.9% from $2.5B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new BILS positions and 21 closed out — a net gain of 11 holders — while 117 added to existing stakes and 113 trimmed.
The largest buyer was Ameriprise, adding an estimated $38M. The largest seller was Pecaut & Co, cutting an estimated $20.4M.
- 278 institutional investors held State Street SPDR Bloomberg 3-12 Month T-Bill ETF (BILS) as of Q1 2026, up from 271 in Q4 2025.
- Funds reported $2.7B of State Street SPDR Bloomberg 3-12 Month T-Bill ETF stock for Q1 2026, up 7.9% quarter-over-quarter.
- 32 funds opened new State Street SPDR Bloomberg 3-12 Month T-Bill ETF positions in Q1 2026 and 21 closed out, a net change of +11 holders.
- The largest State Street SPDR Bloomberg 3-12 Month T-Bill ETF buyer in Q1 2026 was Ameriprise, an estimated $38M added.
- The largest State Street SPDR Bloomberg 3-12 Month T-Bill ETF seller in Q1 2026 was Pecaut & Co, an estimated $20.4M sold.
Based on aggregated 13F filings for Q1 2026.