State Street SPDR S&P 1500 Momentum Tilt ETF
MMTM
16 hedge funds and large institutions have $15.7M invested in State Street SPDR S&P 1500 Momentum Tilt ETF in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
33% more funds holding
Funds holding: 12 → 16 (+4)
7% less capital invested
Capital invested by funds: $16.9M → $15.7M (-$1.21M)
15.88% less ownership
Funds ownership: 56.68% → 40.79% (-16%)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$637K |
| 2 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
+$536K |
| 3 |
LPL Financial
San Diego,
California
|
+$432K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$363K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$83.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$2.43M |
| 2 |
Morgan Stanley
New York
|
-$1.78M |
| 3 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
-$70.2K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$67.1K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$20.3K |
MMTM Hedge Fund Activity: Q3 2018 in Review
16 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) for Q3 2018, worth a combined $15.7M — down 7.2% from $16.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MMTM positions and 1 closed out — a net gain of 4 holders — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Kovack Advisors, opening a new position worth an estimated $637K. The largest seller was Virtu Financial, exiting entirely with an estimated $2.43M sold.
- 16 institutional investors held State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) as of Q3 2018, up from 12 in Q2 2018.
- Funds reported $15.7M of State Street SPDR S&P 1500 Momentum Tilt ETF stock for Q3 2018, down 7.2% quarter-over-quarter.
- 5 funds opened new State Street SPDR S&P 1500 Momentum Tilt ETF positions in Q3 2018 and 1 closed out, a net change of +4 holders.
- The largest State Street SPDR S&P 1500 Momentum Tilt ETF buyer in Q3 2018 was Kovack Advisors, an estimated $637K added.
- The largest State Street SPDR S&P 1500 Momentum Tilt ETF seller in Q3 2018 was Virtu Financial, an estimated $2.43M sold.
Based on aggregated 13F filings for Q3 2018.