State Street Multi-Asset Real Return ETF
129 hedge funds and large institutions have $576M invested in State Street Multi-Asset Real Return ETF in 2025 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 71 increasing their positions, 26 reducing their positions, and 12 closing their positions.
173% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 26
58% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 12
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
8% more capital invested
Capital invested by funds: $533M → $576M (+$43.2M)
4% more funds holding
Funds holding: 124 → 129 (+5)
0.94% less ownership
Funds ownership: 91.08% → 90.13% (-0.94%)
9% less call options, than puts
Call options by funds: $169K | Put options by funds: $186K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Smartleaf Asset Management
Boston,
Massachusetts
|
+$9.67M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$6.26M |
| 3 |
HFS
Hantz Financial Services
Southfield,
Michigan
|
+$6.11M |
| 4 |
Morgan Stanley
New York
|
+$3.52M |
| 5 |
CPA
Capital Performance Advisors
Walnut Creek,
California
|
+$3.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Savant Capital
Rockford,
Illinois
|
-$18.6M |
| 2 |
LFG
Larson Financial Group
St Louis,
Missouri
|
-$2.68M |
| 3 |
IF
Intrua Financial
Houston,
Texas
|
-$2.13M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.18M |
| 5 |
MTC
Matrix Trust Company
Denver,
Colorado
|
-$1.1M |
RLY Hedge Fund Activity: Q4 2025 in Review
129 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in State Street Multi-Asset Real Return ETF (RLY) for Q4 2025, worth a combined $576M — up 8.1% from $533M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new RLY positions and 12 closed out — a net gain of 7 holders — while 71 added to existing stakes and 26 trimmed.
The largest buyer was Smartleaf Asset Management, opening a new position worth an estimated $9.67M. The largest seller was Savant Capital, cutting an estimated $18.6M.
- 129 institutional investors held State Street Multi-Asset Real Return ETF (RLY) as of Q4 2025, up from 124 in Q3 2025.
- Funds reported $576M of State Street Multi-Asset Real Return ETF stock for Q4 2025, up 8.1% quarter-over-quarter.
- 19 funds opened new State Street Multi-Asset Real Return ETF positions in Q4 2025 and 12 closed out, a net change of +7 holders.
- The largest State Street Multi-Asset Real Return ETF buyer in Q4 2025 was Smartleaf Asset Management, an estimated $9.67M added.
- The largest State Street Multi-Asset Real Return ETF seller in Q4 2025 was Savant Capital, an estimated $18.6M sold.
Based on aggregated 13F filings for Q4 2025.