State Street SPDR S&P MIDCAP 400 ETF Trust
1,290 hedge funds and large institutions have $13.1B invested in State Street SPDR S&P MIDCAP 400 ETF Trust in 2024 Q2 according to their latest regulatory filings, with 86 funds opening new positions, 346 increasing their positions, 427 reducing their positions, and 81 closing their positions.
6% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 81
1% less funds holding
Funds holding: 1,297 → 1,290 (-7)
1.11% less ownership
Funds ownership: 62.23% → 61.12% (-1.1%)
6% less capital invested
Capital invested by funds: $14B → $13.1B (-$865M)
11% less funds holding in top 10
Funds holding in top 10: 66 → 59 (-7)
19% less repeat investments, than reductions
Existing positions increased: 346 | Existing positions reduced: 427
30% less call options, than puts
Call options by funds: $155M | Put options by funds: $223M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UFF
USA Financial Formulas
Ada,
Michigan
|
+$71M |
| 2 |
MWM
Modern Wealth Management
Lenexa,
Kansas
|
+$41M |
| 3 |
CM
Cercano Management
Bellevue,
Washington
|
+$39.4M |
| 4 |
PRS
Pinkerton Retirement Specialists
Coeur D Alene,
Idaho
|
+$34.2M |
| 5 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$30.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$262M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$240M |
| 3 |
Citigroup
New York
|
-$78.2M |
| 4 |
Goldman Sachs
New York
|
-$46.1M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$29.6M |
MDY Hedge Fund Activity: Q2 2024 in Review
1,290 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P MIDCAP 400 ETF Trust (MDY) for Q2 2024, worth a combined $13.1B — down 6.2% from $14B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new MDY positions and 81 closed out — a net gain of 5 holders — while 346 added to existing stakes and 427 trimmed.
The largest buyer was USA Financial Formulas, opening a new position worth an estimated $71M. The largest seller was Morgan Stanley, cutting an estimated $262M.
- 1,290 institutional investors held State Street SPDR S&P MIDCAP 400 ETF Trust (MDY) as of Q2 2024, down from 1,297 in Q1 2024.
- Funds reported $13.1B of State Street SPDR S&P MIDCAP 400 ETF Trust stock for Q2 2024, down 6.2% quarter-over-quarter.
- 86 funds opened new State Street SPDR S&P MIDCAP 400 ETF Trust positions in Q2 2024 and 81 closed out, a net change of +5 holders.
- The largest State Street SPDR S&P MIDCAP 400 ETF Trust buyer in Q2 2024 was USA Financial Formulas, an estimated $71M added.
- The largest State Street SPDR S&P MIDCAP 400 ETF Trust seller in Q2 2024 was Morgan Stanley, an estimated $262M sold.
Based on aggregated 13F filings for Q2 2024.