State Street SPDR S&P 1500 Momentum Tilt ETF
MMTM
21 hedge funds and large institutions have $40.2M invested in State Street SPDR S&P 1500 Momentum Tilt ETF in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 4 closing their positions.
167% more capital invested
Capital invested by funds: $15M → $40.2M (+$25.2M)
15.73% more ownership
Funds ownership: 40.79% → 56.52% (+16%)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
5% less funds holding
Funds holding: 22 → 21 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$16.7M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.68M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$367K |
| 4 |
SVWAG
Sound View Wealth Advisors Group
Savannah,
Georgia
|
+$306K |
| 5 |
CF
Centaurus Financial
Anaheim,
California
|
+$183K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$360K |
| 2 |
Jane Street
New York
|
-$269K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$218K |
| 4 |
WWM
Windsor Wealth Management
Indianapolis,
Indiana
|
-$204K |
| 5 |
Morgan Stanley
New York
|
-$184K |
MMTM Hedge Fund Activity: Q2 2020 in Review
21 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) for Q2 2020, worth a combined $40.2M — up 167% from $15M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MMTM and 3 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 8 added.
The largest buyer was LPL Financial, opening a new position worth an estimated $16.7M. The largest seller was Bank of America, cutting an estimated $360K.
- 21 institutional investors held State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) as of Q2 2020, down from 22 in Q1 2020.
- Funds reported $40.2M of State Street SPDR S&P 1500 Momentum Tilt ETF stock for Q2 2020, up 167% quarter-over-quarter.
- 3 funds opened new State Street SPDR S&P 1500 Momentum Tilt ETF positions in Q2 2020 and 4 closed out, a net change of -1 holder.
- The largest State Street SPDR S&P 1500 Momentum Tilt ETF buyer in Q2 2020 was LPL Financial, an estimated $16.7M added.
- The largest State Street SPDR S&P 1500 Momentum Tilt ETF seller in Q2 2020 was Bank of America, an estimated $360K sold.
Based on aggregated 13F filings for Q2 2020.