State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
170 hedge funds and large institutions have $488M invested in State Street SPDR S&P 400 Mid Cap Growth ETF in 2018 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 75 increasing their positions, 42 reducing their positions, and 13 closing their positions.
85% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 13
79% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 42
6% more funds holding
Funds holding: 160 → 170 (+10)
18.71% less ownership
Funds ownership: 53.72% → 35.02% (-19%)
28% less capital invested
Capital invested by funds: $681M → $488M (-$193M)
50% less funds holding in top 10
Funds holding in top 10: 14 → 7 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$19.8M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$14.1M |
| 3 |
Jane Street
New York
|
+$4.66M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$4.14M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
-$204M |
| 2 |
KFA
Kays Financial Advisory
Atlanta,
Georgia
|
-$12.9M |
| 3 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$12.7M |
| 4 |
BFG
Barber Financial Group
Lenexa,
Kansas
|
-$12.1M |
| 5 |
CWSR
Chessman Wealth Strategies RIA
Dallas,
Texas
|
-$7.78M |
MDYG Hedge Fund Activity: Q3 2018 in Review
170 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P 400 Mid Cap Growth ETF (MDYG) for Q3 2018, worth a combined $488M — down 28% from $681M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new MDYG positions and 13 closed out — a net gain of 11 holders — while 75 added to existing stakes and 42 trimmed.
The largest buyer was Gradient Investments, adding an estimated $19.8M. The largest seller was Financial Engines Advisors, cutting an estimated $204M.
- 170 institutional investors held State Street SPDR S&P 400 Mid Cap Growth ETF (MDYG) as of Q3 2018, up from 160 in Q2 2018.
- Funds reported $488M of State Street SPDR S&P 400 Mid Cap Growth ETF stock for Q3 2018, down 28% quarter-over-quarter.
- 24 funds opened new State Street SPDR S&P 400 Mid Cap Growth ETF positions in Q3 2018 and 13 closed out, a net change of +11 holders.
- The largest State Street SPDR S&P 400 Mid Cap Growth ETF buyer in Q3 2018 was Gradient Investments, an estimated $19.8M added.
- The largest State Street SPDR S&P 400 Mid Cap Growth ETF seller in Q3 2018 was Financial Engines Advisors, an estimated $204M sold.
Based on aggregated 13F filings for Q3 2018.