State Street SPDR Portfolio MSCI Global Stock Market ETF
SPGM
44 hedge funds and large institutions have $118M invested in State Street SPDR Portfolio MSCI Global Stock Market ETF in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 8 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
2% less funds holding
Funds holding: 45 → 44 (-1)
11% less capital invested
Capital invested by funds: $132M → $118M (-$14.1M)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
62.39% less ownership
Funds ownership: 199.84% → 137.45% (-62%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
+$9.5M |
| 2 |
WA
Waddell & Associates
Memphis,
Tennessee
|
+$6.62M |
| 3 |
PFM
Peak Financial Management
Wellesley,
Massachusetts
|
+$1.7M |
| 4 |
ACM
AlphaStar Capital Management
Cornelius,
North Carolina
|
+$1.58M |
| 5 |
Goldman Sachs
New York
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$20.9M |
| 2 |
FC
Financial Consulate
Hunt Valley,
Maryland
|
-$11M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$10.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$4M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$2.41M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fidelity Investments
Boston,
Massachusetts
| – | +$76 | +2 | New |
|
SPGM Hedge Fund Activity: Q1 2019 in Review
44 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio MSCI Global Stock Market ETF (SPGM) for Q1 2019, worth a combined $118M — down 11% from $132M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SPGM and 7 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 17 added.
The largest buyer was Sequoia Financial Advisors, adding an estimated $9.5M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $20.9M sold.
- 44 institutional investors held State Street SPDR Portfolio MSCI Global Stock Market ETF (SPGM) as of Q1 2019, down from 45 in Q4 2018.
- Funds reported $118M of State Street SPDR Portfolio MSCI Global Stock Market ETF stock for Q1 2019, down 11% quarter-over-quarter.
- 7 funds opened new State Street SPDR Portfolio MSCI Global Stock Market ETF positions in Q1 2019 and 8 closed out, a net change of -1 holder.
- The largest State Street SPDR Portfolio MSCI Global Stock Market ETF buyer in Q1 2019 was Sequoia Financial Advisors, an estimated $9.5M added.
- The largest State Street SPDR Portfolio MSCI Global Stock Market ETF seller in Q1 2019 was JP Morgan Chase, an estimated $20.9M sold.
Based on aggregated 13F filings for Q1 2019.