State Street SPDR Portfolio Emerging Markets ETF
SPEM
892 hedge funds and large institutions have $10.7B invested in State Street SPDR Portfolio Emerging Markets ETF in 2025 Q3 according to their latest regulatory filings, with 77 funds opening new positions, 385 increasing their positions, 297 reducing their positions, and 40 closing their positions.
176% more capital inflows, than outflows
Capital inflows: $1.07B | Capital outflows: $389M
93% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 40
30% more repeat investments, than reductions
Existing positions increased: 385 | Existing positions reduced: 297
8% more funds holding in top 10
Funds holding in top 10: 66 → 71 (+5)
2% more funds holding
Funds holding: 873 → 892 (+19)
0.55% less ownership
Funds ownership: 75.1% → 74.55% (-0.55%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vantagepoint Investment Advisers
Washington,
District of Columbia
|
+$122M |
| 2 |
Allworth Financial
Folsom,
California
|
+$114M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$102M |
| 4 |
LPL Financial
San Diego,
California
|
+$96.7M |
| 5 |
NorthRock Partners
Minneapolis,
Minnesota
|
+$49.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$60.2M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$40.4M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
-$30.8M |
| 4 |
Financial Engines Advisors
Santa Clara,
California
|
-$26.6M |
| 5 |
EPM
Elm Partners Management
Philadelphia,
Pennsylvania
|
-$23.6M |
SPEM Hedge Fund Activity: Q3 2025 in Review
892 of the 7,647 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio Emerging Markets ETF (SPEM) for Q3 2025, worth a combined $10.7B — up 16% from $9.21B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new SPEM positions and 40 closed out — a net gain of 37 holders — while 385 added to existing stakes and 297 trimmed.
The largest buyer was Vantagepoint Investment Advisers, opening a new position worth an estimated $122M. The largest seller was Jane Street, exiting entirely with an estimated $60.2M sold.
- 892 institutional investors held State Street SPDR Portfolio Emerging Markets ETF (SPEM) as of Q3 2025, up from 873 in Q2 2025.
- Funds reported $10.7B of State Street SPDR Portfolio Emerging Markets ETF stock for Q3 2025, up 16% quarter-over-quarter.
- 77 funds opened new State Street SPDR Portfolio Emerging Markets ETF positions in Q3 2025 and 40 closed out, a net change of +37 holders.
- The largest State Street SPDR Portfolio Emerging Markets ETF buyer in Q3 2025 was Vantagepoint Investment Advisers, an estimated $122M added.
- The largest State Street SPDR Portfolio Emerging Markets ETF seller in Q3 2025 was Jane Street, an estimated $60.2M sold.
Based on aggregated 13F filings for Q3 2025.