State Street SPDR Portfolio Developed World ex-US ETF
SPDW
46 hedge funds and large institutions have $463M invested in State Street SPDR Portfolio Developed World ex-US ETF in 2014 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 12 reducing their positions, and 9 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 12
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
2.68% more ownership
Funds ownership: 63.55% → 66.23% (+2.7%)
2% less funds holding
Funds holding: 47 → 46 (-1)
11% less capital invested
Capital invested by funds: $523M → $463M (-$59.6M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$18M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$13.5M |
| 3 |
AssetMark Inc
Concord,
California
|
+$10.9M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$5.53M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$30.2M |
| 2 |
BWM
Baystate Wealth Management
Boston,
Massachusetts
|
-$14.8M |
| 3 |
I2I
Insight 2811 Inc
Chicago,
Illinois
|
-$9.97M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$9.6M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$9.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citadel Advisors
Miami,
Florida
| – | -$402K | -14,158 | Closed |
|
|
AP
52
Atwood & Palmer
Kansas City,
Missouri
| – | -$114K | -4,015 | Closed |
|
|
DBT
53
Dubuque Bank & Trust
Dubuque,
Iowa
| – | -$22K | -789 | Closed |
|
|
MA
54
MCF Advisors
Covington,
Kentucky
| – | -$10K | -342 | Closed |
|
55
Parallax Volatility Advisers
San Francisco,
California
| – | +$28 | +1 | New |
|
SPDW Hedge Fund Activity: Q4 2014 in Review
46 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio Developed World ex-US ETF (SPDW) for Q4 2014, worth a combined $463M — down 11% from $523M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SPDW positions and 9 closed out — a net gain of 1 holder — while 18 added to existing stakes and 12 trimmed.
The largest buyer was State Street, adding an estimated $18M. The largest seller was Bank of America, cutting an estimated $30.2M.
- 46 institutional investors held State Street SPDR Portfolio Developed World ex-US ETF (SPDW) as of Q4 2014, down from 47 in Q3 2014.
- Funds reported $463M of State Street SPDR Portfolio Developed World ex-US ETF stock for Q4 2014, down 11% quarter-over-quarter.
- 10 funds opened new State Street SPDR Portfolio Developed World ex-US ETF positions in Q4 2014 and 9 closed out, a net change of +1 holder.
- The largest State Street SPDR Portfolio Developed World ex-US ETF buyer in Q4 2014 was State Street, an estimated $18M added.
- The largest State Street SPDR Portfolio Developed World ex-US ETF seller in Q4 2014 was Bank of America, an estimated $30.2M sold.
Based on aggregated 13F filings for Q4 2014.