State Street SPDR S&P 1500 Momentum Tilt ETF
MMTM
22 hedge funds and large institutions have $15M invested in State Street SPDR S&P 1500 Momentum Tilt ETF in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 3 closing their positions.
2.68% more ownership
Funds ownership: 38.11% → 40.79% (+2.7%)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
8% less funds holding
Funds holding: 24 → 22 (-2)
34% less capital invested
Capital invested by funds: $22.6M → $15M (-$7.57M)
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$2.03M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$600K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$270K |
| 4 |
SVWAG
Sound View Wealth Advisors Group
Savannah,
Georgia
|
+$181K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$135K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
-$4.73M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.17M |
| 3 |
PFA
Professional Financial Advisors
North Platte,
Nebraska
|
-$278K |
| 4 |
Morgan Stanley
New York
|
-$267K |
| 5 |
CF
Centaurus Financial
Anaheim,
California
|
-$242K |
MMTM Hedge Fund Activity: Q1 2020 in Review
22 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) for Q1 2020, worth a combined $15M — down 34% from $22.6M a quarter earlier.
Fund positioning in MMTM was balanced in Q1 2020: 3 funds opened new positions, 3 closed out, 4 added to existing stakes and 10 trimmed.
The largest buyer was Western Wealth Management, opening a new position worth an estimated $2.03M. The largest seller was Cardan Capital Partners, cutting an estimated $4.73M.
- 22 institutional investors held State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) as of Q1 2020, down from 24 in Q4 2019.
- Funds reported $15M of State Street SPDR S&P 1500 Momentum Tilt ETF stock for Q1 2020, down 34% quarter-over-quarter.
- 3 funds opened new State Street SPDR S&P 1500 Momentum Tilt ETF positions in Q1 2020 and 3 closed out, a net change of 0 holders.
- The largest State Street SPDR S&P 1500 Momentum Tilt ETF buyer in Q1 2020 was Western Wealth Management, an estimated $2.03M added.
- The largest State Street SPDR S&P 1500 Momentum Tilt ETF seller in Q1 2020 was Cardan Capital Partners, an estimated $4.73M sold.
Based on aggregated 13F filings for Q1 2020.