State Street SPDR MSCI USA StrategicFactors ETF
QUS
173 hedge funds and large institutions have $1.33B invested in State Street SPDR MSCI USA StrategicFactors ETF in 2025 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 70 increasing their positions, 49 reducing their positions, and 8 closing their positions.
302% more capital inflows, than outflows
Capital inflows: $139M | Capital outflows: $34.5M
138% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 8
43% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 49
5% more funds holding
Funds holding: 164 → 173 (+9)
1.59% more ownership
Funds ownership: 82.3% → 83.89% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$29.9M |
| 2 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$10.6M |
| 3 |
WA
Win Advisors
Palm Beach Gardens,
Florida
|
+$8.63M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$5.86M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$5.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bouvel Investment Partners
Phoenixville,
Pennsylvania
|
-$5.83M |
| 2 |
Elevation Capital Advisory
Bend,
Oregon
|
-$4.49M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$2.83M |
| 4 |
Goodman Advisory Group
Needham,
Massachusetts
|
-$2.63M |
| 5 |
Tolleson Wealth Management
Dallas,
Texas
|
-$2.5M |
QUS Hedge Fund Activity: Q2 2025 in Review
173 of the 7,623 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR MSCI USA StrategicFactors ETF (QUS) for Q2 2025, worth a combined $1.33B — up 12% from $1.19B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new QUS positions and 8 closed out — a net gain of 11 holders — while 70 added to existing stakes and 49 trimmed.
The largest buyer was Bank of America, adding an estimated $29.9M. The largest seller was Bouvel Investment Partners, exiting entirely with an estimated $5.83M sold.
- 173 institutional investors held State Street SPDR MSCI USA StrategicFactors ETF (QUS) as of Q2 2025, up from 164 in Q1 2025.
- Funds reported $1.33B of State Street SPDR MSCI USA StrategicFactors ETF stock for Q2 2025, up 12% quarter-over-quarter.
- 19 funds opened new State Street SPDR MSCI USA StrategicFactors ETF positions in Q2 2025 and 8 closed out, a net change of +11 holders.
- The largest State Street SPDR MSCI USA StrategicFactors ETF buyer in Q2 2025 was Bank of America, an estimated $29.9M added.
- The largest State Street SPDR MSCI USA StrategicFactors ETF seller in Q2 2025 was Bouvel Investment Partners, an estimated $5.83M sold.
Based on aggregated 13F filings for Q2 2025.