State Street SPDR Portfolio Emerging Markets ETF
SPEM
984 hedge funds and large institutions have $11.2B invested in State Street SPDR Portfolio Emerging Markets ETF in 2025 Q4 according to their latest regulatory filings, with 140 funds opening new positions, 444 increasing their positions, 293 reducing their positions, and 36 closing their positions.
289% more first-time investments, than exits
New positions opened: 140 | Existing positions closed: 36
52% more repeat investments, than reductions
Existing positions increased: 444 | Existing positions reduced: 293
18% more funds holding in top 10
Funds holding in top 10: 71 → 84 (+13)
10% more funds holding
Funds holding: 892 → 984 (+92)
5% more capital invested
Capital invested by funds: $10.7B → $11.2B (+$508M)
2.03% less ownership
Funds ownership: 74.55% → 72.52% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$125M |
| 2 |
LPL Financial
San Diego,
California
|
+$82.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$73.7M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$42M |
| 5 |
State Street
Boston,
Massachusetts
|
+$39.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
-$108M |
| 2 |
Bank of New York Mellon
New York
|
-$96.3M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$74M |
| 4 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$21.3M |
| 5 |
SFC
Strategic Financial Concepts
San Antonio,
Texas
|
-$18.9M |
SPEM Hedge Fund Activity: Q4 2025 in Review
984 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio Emerging Markets ETF (SPEM) for Q4 2025, worth a combined $11.2B — up 4.8% from $10.7B a quarter earlier.
Buyers outnumbered sellers: 140 funds opened new SPEM positions and 36 closed out — a net gain of 104 holders — while 444 added to existing stakes and 293 trimmed.
The largest buyer was Charles Schwab, adding an estimated $125M. The largest seller was Aptus Capital Advisors, cutting an estimated $108M.
- 984 institutional investors held State Street SPDR Portfolio Emerging Markets ETF (SPEM) as of Q4 2025, up from 892 in Q3 2025.
- Funds reported $11.2B of State Street SPDR Portfolio Emerging Markets ETF stock for Q4 2025, up 4.8% quarter-over-quarter.
- 140 funds opened new State Street SPDR Portfolio Emerging Markets ETF positions in Q4 2025 and 36 closed out, a net change of +104 holders.
- The largest State Street SPDR Portfolio Emerging Markets ETF buyer in Q4 2025 was Charles Schwab, an estimated $125M added.
- The largest State Street SPDR Portfolio Emerging Markets ETF seller in Q4 2025 was Aptus Capital Advisors, an estimated $108M sold.
Based on aggregated 13F filings for Q4 2025.