State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
682 hedge funds and large institutions have $10.6B invested in State Street SPDR Portfolio S&P 400 Mid Cap ETF in 2025 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 326 increasing their positions, 207 reducing their positions, and 61 closing their positions.
1,906% more call options, than puts
Call options by funds: $722K | Put options by funds: $36K
173% more capital inflows, than outflows
Capital inflows: $1.01B | Capital outflows: $369M
57% more repeat investments, than reductions
Existing positions increased: 326 | Existing positions reduced: 207
10% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 61
0% more funds holding in top 10
Funds holding in top 10: 57 → 57 (0)
1% less funds holding
Funds holding: 687 → 682 (-5)
1.43% less ownership
Funds ownership: 89.59% → 88.16% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
+$171M |
| 2 |
Hancock Prospecting
West Perth,
Australia
|
+$157M |
| 3 |
Goldman Sachs
New York
|
+$60.7M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$47.7M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$37.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Potomac Fund Management
Miami,
Florida
|
-$73.4M |
| 2 |
Auto-Owners Insurance
Lansing,
Michigan
|
-$56.2M |
| 3 |
Great Valley Advisor Group
Wilmington,
Delaware
|
-$36.7M |
| 4 |
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$24.5M |
| 5 |
Savant Capital
Rockford,
Illinois
|
-$16.4M |
SPMD Hedge Fund Activity: Q1 2025 in Review
682 of the 7,485 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) for Q1 2025, worth a combined $10.6B — down 1.4% from $10.8B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new SPMD positions and 61 closed out — a net gain of 6 holders — while 326 added to existing stakes and 207 trimmed.
The largest buyer was Creative Planning, adding an estimated $171M. The largest seller was Potomac Fund Management, exiting entirely with an estimated $73.4M sold.
- 682 institutional investors held State Street SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) as of Q1 2025, down from 687 in Q4 2024.
- Funds reported $10.6B of State Street SPDR Portfolio S&P 400 Mid Cap ETF stock for Q1 2025, down 1.4% quarter-over-quarter.
- 67 funds opened new State Street SPDR Portfolio S&P 400 Mid Cap ETF positions in Q1 2025 and 61 closed out, a net change of +6 holders.
- The largest State Street SPDR Portfolio S&P 400 Mid Cap ETF buyer in Q1 2025 was Creative Planning, an estimated $171M added.
- The largest State Street SPDR Portfolio S&P 400 Mid Cap ETF seller in Q1 2025 was Potomac Fund Management, an estimated $73.4M sold.
Based on aggregated 13F filings for Q1 2025.