State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
1,294 hedge funds and large institutions have $14B invested in State Street SPDR S&P MIDCAP 400 ETF Trust in 2024 Q1 according to their latest regulatory filings, with 122 funds opening new positions, 349 increasing their positions, 439 reducing their positions, and 50 closing their positions.
144% more first-time investments, than exits
New positions opened: 122 | Existing positions closed: 50
5% more funds holding
Funds holding: 1,231 → 1,294 (+63)
5% less capital invested
Capital invested by funds: $14.6B → $14B (-$686M)
4% less funds holding in top 10
Funds holding in top 10: 68 → 65 (-3)
8.72% less ownership
Funds ownership: 71.46% → 62.74% (-8.7%)
21% less repeat investments, than reductions
Existing positions increased: 349 | Existing positions reduced: 439
36% less call options, than puts
Call options by funds: $182M | Put options by funds: $287M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$202M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$151M |
| 3 |
GAA
Global Assets Advisory
Orlando,
Florida
|
+$114M |
| 4 |
Goldman Sachs
New York
|
+$95.8M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GBWM
Granite Bay Wealth Management
Portsmouth,
New Hampshire
|
-$1.31B |
| 2 |
Morgan Stanley
New York
|
-$754M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
-$144M |
| 4 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$104M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$59.1M |
MDY Hedge Fund Activity: Q1 2024 in Review
1,294 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P MIDCAP 400 ETF Trust (MDY) for Q1 2024, worth a combined $14B — down 4.7% from $14.6B a quarter earlier.
Buyers outnumbered sellers: 122 funds opened new MDY positions and 50 closed out — a net gain of 72 holders — while 349 added to existing stakes and 439 trimmed.
The largest buyer was Bank of America, adding an estimated $202M. The largest seller was Granite Bay Wealth Management, cutting an estimated $1.31B.
- 1,294 institutional investors held State Street SPDR S&P MIDCAP 400 ETF Trust (MDY) as of Q1 2024, up from 1,231 in Q4 2023.
- Funds reported $14B of State Street SPDR S&P MIDCAP 400 ETF Trust stock for Q1 2024, down 4.7% quarter-over-quarter.
- 122 funds opened new State Street SPDR S&P MIDCAP 400 ETF Trust positions in Q1 2024 and 50 closed out, a net change of +72 holders.
- The largest State Street SPDR S&P MIDCAP 400 ETF Trust buyer in Q1 2024 was Bank of America, an estimated $202M added.
- The largest State Street SPDR S&P MIDCAP 400 ETF Trust seller in Q1 2024 was Granite Bay Wealth Management, an estimated $1.31B sold.
Based on aggregated 13F filings for Q1 2024.