State Street SPDR MSCI Emerging Markets StrategicFactors ETF
QEMM
35 hedge funds and large institutions have $24.9M invested in State Street SPDR MSCI Emerging Markets StrategicFactors ETF in 2025 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 4 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
2.34% more ownership
Funds ownership: 57.8% → 60.14% (+2.3%)
4% more capital invested
Capital invested by funds: $24M → $24.9M (+$994K)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
3% less funds holding
Funds holding: 36 → 35 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$612K |
| 2 |
LPL Financial
San Diego,
California
|
+$471K |
| 3 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$455K |
| 4 |
VF
Virtu Financial
New York
|
+$268K |
| 5 |
CWM
Cabot Wealth Management
Salem,
Massachusetts
|
+$227K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$242K |
| 2 |
EFA
Edge Financial Advisors
Wheaton,
Illinois
|
-$238K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$234K |
| 4 |
Morgan Stanley
New York
|
-$171K |
| 5 |
PPWP
Premier Path Wealth Partners
Madison,
New Jersey
|
-$113K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
26
Geneos Wealth Management
Englewood,
Colorado
| $37.9K | -$2.74K | -41 | -7% |
|
|
ADL
27
Asset Dedication LLC
San Francisco,
California
| $19.7K | – | – | – |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $14K | -$734 | -11 | -5% |
|
|
AF
29
Advisornet Financial
Minnetonka,
Minnesota
| $10.5K | -$6.67K | -100 | -39% |
|
30
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $10K | +$334 | +5 | +4% |
|
|
GRP
31
Global Retirement Partners
San Rafael,
California
| $5.75K | – | – | – |
|
|
GSWM
32
Golden State Wealth Management
Santa Ana,
California
| $4.76K | – | – | – |
|
|
AF
33
Allworth Financial
Folsom,
California
| $2.37K | +$2.4K | +36 | New |
|
|
RRA
34
Red Reef Advisors
Boca Raton,
Florida
| $546 | +$534 | +8 | New |
|
35
Wells Fargo
San Francisco,
California
| $61 | +$67 | +1 | New |
|
|
36
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$242K | -3,654 | Closed |
|
|
EFA
37
Edge Financial Advisors
Wheaton,
Illinois
| – | -$238K | -3,587 | Closed |
|
38
UBS Group
Zurich,
Switzerland
| – | -$4.91K | -74 | Closed |
|
39
Osaic Holdings
Scottsdale,
Arizona
| – | -$67 | -1 | Closed |
|
QEMM Hedge Fund Activity: Q4 2025 in Review
35 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM) for Q4 2025, worth a combined $24.9M — up 4.1% from $24M a quarter earlier.
Fund positioning in QEMM was balanced in Q4 2025: 4 funds opened new positions, 4 closed out, 12 added to existing stakes and 10 trimmed.
The largest buyer was Jane Street, adding an estimated $612K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $242K sold.
- 35 institutional investors held State Street SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM) as of Q4 2025, down from 36 in Q3 2025.
- Funds reported $24.9M of State Street SPDR MSCI Emerging Markets StrategicFactors ETF stock for Q4 2025, up 4.1% quarter-over-quarter.
- 4 funds opened new State Street SPDR MSCI Emerging Markets StrategicFactors ETF positions in Q4 2025 and 4 closed out, a net change of 0 holders.
- The largest State Street SPDR MSCI Emerging Markets StrategicFactors ETF buyer in Q4 2025 was Jane Street, an estimated $612K added.
- The largest State Street SPDR MSCI Emerging Markets StrategicFactors ETF seller in Q4 2025 was Susquehanna International Group, an estimated $242K sold.
Based on aggregated 13F filings for Q4 2025.