State Street Multi-Asset Real Return ETF
125 hedge funds and large institutions have $535M invested in State Street Multi-Asset Real Return ETF in 2025 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 63 increasing their positions, 35 reducing their positions, and 5 closing their positions.
268% more capital inflows, than outflows
Capital inflows: $77.4M | Capital outflows: $21M
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
80% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 35
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
6% more funds holding
Funds holding: 118 → 125 (+7)
1.69% more ownership
Funds ownership: 89.64% → 91.32% (+1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tobias Financial Advisors
Plantation,
Florida
|
+$28.9M |
| 2 |
RFG - Bristol Wealth Advisors
Taunton,
Massachusetts
|
+$6.98M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$6.46M |
| 4 |
D.A. Davidson & Co
Great Falls,
Montana
|
+$4.14M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hantz Financial Services
Southfield,
Michigan
|
-$9.7M |
| 2 |
Visionary Wealth Advisors
O'fallon,
Illinois
|
-$2.89M |
| 3 |
Retireful LLC
Haslett,
Michigan
|
-$2.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.24M |
| 5 |
First International Bank & Trust
Watford City,
North Dakota
|
-$842K |
RLY Hedge Fund Activity: Q3 2025 in Review
125 of the 7,660 institutional investors tracked by Wall St. Rank reported a position in State Street Multi-Asset Real Return ETF (RLY) for Q3 2025, worth a combined $535M — up 19% from $450M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new RLY positions and 5 closed out — a net gain of 8 holders — while 63 added to existing stakes and 35 trimmed.
The largest buyer was Tobias Financial Advisors, opening a new position worth an estimated $28.9M. The largest seller was Hantz Financial Services, cutting an estimated $9.7M.
- 125 institutional investors held State Street Multi-Asset Real Return ETF (RLY) as of Q3 2025, up from 118 in Q2 2025.
- Funds reported $535M of State Street Multi-Asset Real Return ETF stock for Q3 2025, up 19% quarter-over-quarter.
- 13 funds opened new State Street Multi-Asset Real Return ETF positions in Q3 2025 and 5 closed out, a net change of +8 holders.
- The largest State Street Multi-Asset Real Return ETF buyer in Q3 2025 was Tobias Financial Advisors, an estimated $28.9M added.
- The largest State Street Multi-Asset Real Return ETF seller in Q3 2025 was Hantz Financial Services, an estimated $9.7M sold.
Based on aggregated 13F filings for Q3 2025.