State Street SPDR S&P MIDCAP 400 ETF Trust
580 hedge funds and large institutions have $8.8B invested in State Street SPDR S&P MIDCAP 400 ETF Trust in 2015 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 182 increasing their positions, 206 reducing their positions, and 37 closing their positions.
81% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 37
6% more funds holding in top 10
Funds holding in top 10: 69 → 73 (+4)
5% more funds holding
Funds holding: 555 → 580 (+25)
3% less capital invested
Capital invested by funds: $9.11B → $8.8B (-$310M)
5.7% less ownership
Funds ownership: 60.35% → 54.65% (-5.7%)
12% less repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 206
32% less call options, than puts
Call options by funds: $541M | Put options by funds: $793M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$91.9M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$48.4M |
| 3 |
Morgan Stanley
New York
|
+$45.9M |
| 4 |
RMPT
Raytheon Master Pension Trust
Waltham,
Massachusetts
|
+$45.2M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$27.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$400M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$211M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$169M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$51.3M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$50.5M |
MDY Hedge Fund Activity: Q1 2015 in Review
580 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P MIDCAP 400 ETF Trust (MDY) for Q1 2015, worth a combined $8.8B — down 3.4% from $9.11B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new MDY positions and 37 closed out — a net gain of 30 holders — while 182 added to existing stakes and 206 trimmed.
The largest buyer was LPL Financial, adding an estimated $91.9M. The largest seller was JP Morgan Chase, cutting an estimated $400M.
- 580 institutional investors held State Street SPDR S&P MIDCAP 400 ETF Trust (MDY) as of Q1 2015, up from 555 in Q4 2014.
- Funds reported $8.8B of State Street SPDR S&P MIDCAP 400 ETF Trust stock for Q1 2015, down 3.4% quarter-over-quarter.
- 67 funds opened new State Street SPDR S&P MIDCAP 400 ETF Trust positions in Q1 2015 and 37 closed out, a net change of +30 holders.
- The largest State Street SPDR S&P MIDCAP 400 ETF Trust buyer in Q1 2015 was LPL Financial, an estimated $91.9M added.
- The largest State Street SPDR S&P MIDCAP 400 ETF Trust seller in Q1 2015 was JP Morgan Chase, an estimated $400M sold.
Based on aggregated 13F filings for Q1 2015.