State Street SPDR S&P Dividend ETF

SDY

Market cap $21.8B

SDY Hedge Fund Activity: Q1 2014 in Review

385 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Dividend ETF (SDY) for Q1 2014, worth a combined $3.85B — down 1.3% from $3.9B a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new SDY positions and 19 closed out — a net gain of 23 holders — while 148 added to existing stakes and 138 trimmed.

The largest buyer was CIBC Asset Management, opening a new position worth an estimated $67M. The largest seller was Managed Account Advisors, cutting an estimated $57.6M.

• 385 institutional investors held State Street SPDR S&P Dividend ETF (SDY) as of Q1 2014, up from 364 in Q4 2013.
• Funds reported $3.85B of State Street SPDR S&P Dividend ETF stock for Q1 2014, down 1.3% quarter-over-quarter.
• 42 funds opened new State Street SPDR S&P Dividend ETF positions in Q1 2014 and 19 closed out, a net change of +23 holders.
• The largest State Street SPDR S&P Dividend ETF buyer in Q1 2014 was CIBC Asset Management, an estimated $67M added.
• The largest State Street SPDR S&P Dividend ETF seller in Q1 2014 was Managed Account Advisors, an estimated $57.6M sold.

Based on aggregated 13F filings for Q1 2014.