State Street SPDR S&P 1500 Momentum Tilt ETF
MMTM
33 hedge funds and large institutions have $40.2M invested in State Street SPDR S&P 1500 Momentum Tilt ETF in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
28% more capital invested
Capital invested by funds: $31.4M → $40.2M (+$8.84M)
6% more funds holding
Funds holding: 31 → 33 (+2)
3.56% more ownership
Funds ownership: 44.65% → 48.21% (+3.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
75% less call options, than puts
Call options by funds: $1.07M | Put options by funds: $4.21M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Magnolia Capital Advisors
Jackson,
Mississippi
|
+$2.84M |
| 2 |
BWFA
Baltimore-Washington Financial Advisors
Columbia,
Maryland
|
+$2.69M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.57M |
| 4 |
Belvedere Trading
Chicago,
Illinois
|
+$464K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$355K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
26
Advisornet Financial
Minnetonka,
Minnesota
| $65.1K | – | – | – |
|
|
JWA
27
JFS Wealth Advisors
Hermitage,
Pennsylvania
| $49.5K | – | – | – |
|
|
SWM
28
Spire Wealth Management
Mclean,
Virginia
| $49.4K | +$175 | +1 | +0.4% |
|
29
Wells Fargo
San Francisco,
California
| $27.3K | – | – | – |
|
|
HI
30
Harbour Investments
Madison,
Wisconsin
| $25.5K | – | – | – |
|
|
OP
31
ORG Partners
Roanoke,
Indiana
| $13K | +$12.2K | +70 | New |
|
|
CP
32
Castleview Partners
Dallas,
Texas
| $10.2K | +$524 | +3 | +6% |
|
33
UBS Group
Zurich,
Switzerland
| $7.42K | +$6.99K | +40 | New |
|
34
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$546K | -3,232 | Closed |
|
|
CG
35
Cutler Group
San Francisco,
California
| – | -$35K | -200 | Closed |
|
36
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$9.29K | -55 | Closed |
|
|
ASN
37
Advisory Services Network
Atlanta,
Georgia
| – | -$7.6K | -45 | Closed |
|
MMTM Hedge Fund Activity: Q2 2023 in Review
33 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) for Q2 2023, worth a combined $40.2M — up 28% from $31.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MMTM positions and 4 closed out — a net gain of 3 holders — while 9 added to existing stakes and 7 trimmed.
The largest buyer was Magnolia Capital Advisors, opening a new position worth an estimated $2.84M. The largest seller was Citadel Advisors, cutting an estimated $1.18M.
- 33 institutional investors held State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) as of Q2 2023, up from 31 in Q1 2023.
- Funds reported $40.2M of State Street SPDR S&P 1500 Momentum Tilt ETF stock for Q2 2023, up 28% quarter-over-quarter.
- 7 funds opened new State Street SPDR S&P 1500 Momentum Tilt ETF positions in Q2 2023 and 4 closed out, a net change of +3 holders.
- The largest State Street SPDR S&P 1500 Momentum Tilt ETF buyer in Q2 2023 was Magnolia Capital Advisors, an estimated $2.84M added.
- The largest State Street SPDR S&P 1500 Momentum Tilt ETF seller in Q2 2023 was Citadel Advisors, an estimated $1.18M sold.
Based on aggregated 13F filings for Q2 2023.