State Street SPDR Portfolio Aggregate Bond ETF
SPAB
529 hedge funds and large institutions have $7.02B invested in State Street SPDR Portfolio Aggregate Bond ETF in 2025 Q4 according to their latest regulatory filings, with 79 funds opening new positions, 255 increasing their positions, 148 reducing their positions, and 32 closing their positions.
147% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 32
72% more repeat investments, than reductions
Existing positions increased: 255 | Existing positions reduced: 148
8% more funds holding
Funds holding: 490 → 529 (+39)
5% more capital invested
Capital invested by funds: $6.71B → $7.02B (+$315M)
1.2% less ownership
Funds ownership: 77.64% → 76.44% (-1.2%)
4% less funds holding in top 10
Funds holding in top 10: 57 → 55 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$105M |
| 2 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$92.1M |
| 3 |
State Street
Boston,
Massachusetts
|
+$86.8M |
| 4 |
LPL Financial
San Diego,
California
|
+$40M |
| 5 |
DF
Donoghue Forlines
Boston,
Massachusetts
|
+$32.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAS
Park Avenue Securities
New York
|
-$41.8M |
| 2 |
KW
KWB Wealth
Redlands,
California
|
-$39.2M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$33.3M |
| 4 |
MFS
McNamara Financial Services
Marshfield,
Massachusetts
|
-$33M |
| 5 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
-$29.7M |
SPAB Hedge Fund Activity: Q4 2025 in Review
529 of the 8,286 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio Aggregate Bond ETF (SPAB) for Q4 2025, worth a combined $7.02B — up 4.7% from $6.71B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new SPAB positions and 32 closed out — a net gain of 47 holders — while 255 added to existing stakes and 148 trimmed.
The largest buyer was Bank of America, adding an estimated $105M. The largest seller was Park Avenue Securities, exiting entirely with an estimated $41.8M sold.
- 529 institutional investors held State Street SPDR Portfolio Aggregate Bond ETF (SPAB) as of Q4 2025, up from 490 in Q3 2025.
- Funds reported $7.02B of State Street SPDR Portfolio Aggregate Bond ETF stock for Q4 2025, up 4.7% quarter-over-quarter.
- 79 funds opened new State Street SPDR Portfolio Aggregate Bond ETF positions in Q4 2025 and 32 closed out, a net change of +47 holders.
- The largest State Street SPDR Portfolio Aggregate Bond ETF buyer in Q4 2025 was Bank of America, an estimated $105M added.
- The largest State Street SPDR Portfolio Aggregate Bond ETF seller in Q4 2025 was Park Avenue Securities, an estimated $41.8M sold.
Based on aggregated 13F filings for Q4 2025.