State Street SPDR MSCI USA StrategicFactors ETF
164 hedge funds and large institutions have $1.19B invested in State Street SPDR MSCI USA StrategicFactors ETF in 2025 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 45 increasing their positions, 52 reducing their positions, and 14 closing their positions.
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
2% more capital invested
Capital invested by funds: $1.17B → $1.19B (+$19.6M)
1% more funds holding
Funds holding: 163 → 164 (+1)
1.27% less ownership
Funds ownership: 83.57% → 82.3% (-1.3%)
13% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$12M |
| 2 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$5.81M |
| 3 |
ECA
Elevation Capital Advisory
Bend,
Oregon
|
+$4.55M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$3.63M |
| 5 |
LPL Financial
San Diego,
California
|
+$3.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$7.19M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
-$6.58M |
| 3 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$5.89M |
| 4 |
TWM
Tolleson Wealth Management
Dallas,
Texas
|
-$3.74M |
| 5 |
FHB
First Hawaiian Bank
Honolulu,
Hawaii
|
-$3.03M |
QUS Hedge Fund Activity: Q1 2025 in Review
164 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR MSCI USA StrategicFactors ETF (QUS) for Q1 2025, worth a combined $1.19B — up 1.7% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new QUS positions and 14 closed out — a net gain of 3 holders — while 45 added to existing stakes and 52 trimmed.
The largest buyer was Private Advisor Group, adding an estimated $12M. The largest seller was Envestnet Asset Management, cutting an estimated $7.19M.
- 164 institutional investors held State Street SPDR MSCI USA StrategicFactors ETF (QUS) as of Q1 2025, up from 163 in Q4 2024.
- Funds reported $1.19B of State Street SPDR MSCI USA StrategicFactors ETF stock for Q1 2025, up 1.7% quarter-over-quarter.
- 17 funds opened new State Street SPDR MSCI USA StrategicFactors ETF positions in Q1 2025 and 14 closed out, a net change of +3 holders.
- The largest State Street SPDR MSCI USA StrategicFactors ETF buyer in Q1 2025 was Private Advisor Group, an estimated $12M added.
- The largest State Street SPDR MSCI USA StrategicFactors ETF seller in Q1 2025 was Envestnet Asset Management, an estimated $7.19M sold.
Based on aggregated 13F filings for Q1 2025.