State Street SPDR Portfolio Emerging Markets ETF
SPEM
47 hedge funds and large institutions have $111M invested in State Street SPDR Portfolio Emerging Markets ETF in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 19 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
15% more funds holding
Funds holding: 41 → 47 (+6)
21.87% less ownership
Funds ownership: 135.27% → 113.4% (-22%)
27% less capital invested
Capital invested by funds: $153M → $111M (-$41.2M)
63% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 19
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$5.47M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.82M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.4M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$217K |
| 5 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
+$116K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$27.4M |
| 2 |
BFG
Beacon Financial Group
Dallas,
Texas
|
-$20.3M |
| 3 |
AssetMark Inc
Concord,
California
|
-$5.52M |
| 4 |
JP Morgan Chase
New York
|
-$939K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$619K |
SPEM Hedge Fund Activity: Q1 2014 in Review
47 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio Emerging Markets ETF (SPEM) for Q1 2014, worth a combined $111M — down 27% from $153M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SPEM positions and 3 closed out — a net gain of 6 holders — while 7 added to existing stakes and 19 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $5.47M. The largest seller was State Street, cutting an estimated $27.4M.
- 47 institutional investors held State Street SPDR Portfolio Emerging Markets ETF (SPEM) as of Q1 2014, up from 41 in Q4 2013.
- Funds reported $111M of State Street SPDR Portfolio Emerging Markets ETF stock for Q1 2014, down 27% quarter-over-quarter.
- 9 funds opened new State Street SPDR Portfolio Emerging Markets ETF positions in Q1 2014 and 3 closed out, a net change of +6 holders.
- The largest State Street SPDR Portfolio Emerging Markets ETF buyer in Q1 2014 was Jane Street, an estimated $5.47M added.
- The largest State Street SPDR Portfolio Emerging Markets ETF seller in Q1 2014 was State Street, an estimated $27.4M sold.
Based on aggregated 13F filings for Q1 2014.