State Street SPDR S&P 1500 Momentum Tilt ETF
MMTM
13 hedge funds and large institutions have $11.8M invested in State Street SPDR S&P 1500 Momentum Tilt ETF in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
49% more capital invested
Capital invested by funds: $7.94M → $11.8M (+$3.87M)
30% more funds holding
Funds holding: 10 → 13 (+3)
8.16% more ownership
Funds ownership: 58.74% → 66.91% (+8.2%)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.77M |
| 2 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$1.87M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$1.09M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$265K |
| 5 |
Jane Street
New York
|
+$252K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.84M |
| 2 |
ACM
Armbruster Capital Management
Pittsford,
New York
|
-$676K |
| 3 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$46K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$18K |
| 5 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
-$16K |
MMTM Hedge Fund Activity: Q1 2016 in Review
13 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) for Q1 2016, worth a combined $11.8M — up 49% from $7.94M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MMTM positions and 3 closed out — a net gain of 3 holders — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $2.77M. The largest seller was Bank of America, cutting an estimated $1.84M.
- 13 institutional investors held State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) as of Q1 2016, up from 10 in Q4 2015.
- Funds reported $11.8M of State Street SPDR S&P 1500 Momentum Tilt ETF stock for Q1 2016, up 49% quarter-over-quarter.
- 6 funds opened new State Street SPDR S&P 1500 Momentum Tilt ETF positions in Q1 2016 and 3 closed out, a net change of +3 holders.
- The largest State Street SPDR S&P 1500 Momentum Tilt ETF buyer in Q1 2016 was Susquehanna International Group, an estimated $2.77M added.
- The largest State Street SPDR S&P 1500 Momentum Tilt ETF seller in Q1 2016 was Bank of America, an estimated $1.84M sold.
Based on aggregated 13F filings for Q1 2016.