State Street SPDR S&P 1500 Momentum Tilt ETF
MMTM
39 hedge funds and large institutions have $45.3M invested in State Street SPDR S&P 1500 Momentum Tilt ETF in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 7 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
4% more capital invested
Capital invested by funds: $43.7M → $45.3M (+$1.6M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 40 → 39 (-1)
3.25% less ownership
Funds ownership: 53.08% → 49.84% (-3.2%)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.04M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$556K |
| 3 |
LPL Financial
San Diego,
California
|
+$501K |
| 4 |
BWFA
Baltimore-Washington Financial Advisors
Columbia,
Maryland
|
+$345K |
| 5 |
SOS
Silver Oak Securities
Jackson,
Tennessee
|
+$324K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Cutler Group
San Francisco,
California
|
-$4.1M |
| 2 |
MCA
Magnolia Capital Advisors
Jackson,
Mississippi
|
-$1.53M |
| 3 |
PWM
Prosperity Wealth Management
San Ramon,
California
|
-$531K |
| 4 |
RA
RFG Advisory
Birmingham,
Alabama
|
-$370K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$334K |
MMTM Hedge Fund Activity: Q4 2023 in Review
39 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) for Q4 2023, worth a combined $45.3M — up 3.7% from $43.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MMTM and 6 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 14 added.
The largest buyer was Susquehanna International Group, adding an estimated $1.04M. The largest seller was Cutler Group, exiting entirely with an estimated $4.1M sold.
- 39 institutional investors held State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) as of Q4 2023, down from 40 in Q3 2023.
- Funds reported $45.3M of State Street SPDR S&P 1500 Momentum Tilt ETF stock for Q4 2023, up 3.7% quarter-over-quarter.
- 6 funds opened new State Street SPDR S&P 1500 Momentum Tilt ETF positions in Q4 2023 and 7 closed out, a net change of -1 holder.
- The largest State Street SPDR S&P 1500 Momentum Tilt ETF buyer in Q4 2023 was Susquehanna International Group, an estimated $1.04M added.
- The largest State Street SPDR S&P 1500 Momentum Tilt ETF seller in Q4 2023 was Cutler Group, an estimated $4.1M sold.
Based on aggregated 13F filings for Q4 2023.