State Street SPDR S&P 1500 Momentum Tilt ETF
MMTM
31 hedge funds and large institutions have $31.4M invested in State Street SPDR S&P 1500 Momentum Tilt ETF in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
19% more funds holding
Funds holding: 26 → 31 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9.02% less ownership
Funds ownership: 53.67% → 44.65% (-9%)
24% less capital invested
Capital invested by funds: $41.1M → $31.4M (-$9.69M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIMP
Zimmermann Investment Management & Planning
New Cumberland,
Pennsylvania
|
+$2.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.38M |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
+$421K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$319K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$282K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$14.4M |
| 2 |
GLA
Good Life Advisors
Reading,
Pennsylvania
|
-$787K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$591K |
| 4 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
-$590K |
| 5 |
Morgan Stanley
New York
|
-$169K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
26
Cutler Group
San Francisco,
California
| $33K | +$33.7K | +200 | New |
|
27
Wells Fargo
San Francisco,
California
| $24.9K | -$168 | -1 | -0.7% |
|
|
HI
28
Harbour Investments
Madison,
Wisconsin
| $23.1K | – | – | – |
|
29
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $9.29K | +$9.26K | +55 | New |
|
|
CP
30
Castleview Partners
Dallas,
Texas
| $8.79K | +$674 | +4 | +8% |
|
|
ASN
31
Advisory Services Network
Atlanta,
Georgia
| $7.6K | +$7.58K | +45 | New |
|
|
GLA
32
Good Life Advisors
Reading,
Pennsylvania
| – | -$787K | -4,709 | Closed |
|
|
FHA
33
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$590K | -3,531 | Closed |
|
|
VF
34
VitalStone Financial
Shavano Park,
Texas
| – | -$137K | -825 | Closed |
|
|
IWP
35
IAG Wealth Partners
Waukesha,
Wisconsin
| – | -$54.2K | -324 | Closed |
|
MMTM Hedge Fund Activity: Q1 2023 in Review
31 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) for Q1 2023, worth a combined $31.4M — down 24% from $41.1M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MMTM positions and 4 closed out — a net gain of 5 holders — while 6 added to existing stakes and 5 trimmed.
The largest buyer was Zimmermann Investment Management & Planning, opening a new position worth an estimated $2.8M. The largest seller was LPL Financial, cutting an estimated $14.4M.
- 31 institutional investors held State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) as of Q1 2023, up from 26 in Q4 2022.
- Funds reported $31.4M of State Street SPDR S&P 1500 Momentum Tilt ETF stock for Q1 2023, down 24% quarter-over-quarter.
- 9 funds opened new State Street SPDR S&P 1500 Momentum Tilt ETF positions in Q1 2023 and 4 closed out, a net change of +5 holders.
- The largest State Street SPDR S&P 1500 Momentum Tilt ETF buyer in Q1 2023 was Zimmermann Investment Management & Planning, an estimated $2.8M added.
- The largest State Street SPDR S&P 1500 Momentum Tilt ETF seller in Q1 2023 was LPL Financial, an estimated $14.4M sold.
Based on aggregated 13F filings for Q1 2023.