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State Street SPDR Portfolio S&P 400 Mid Cap ETF

722 hedge funds and large institutions have $11.6B invested in State Street SPDR Portfolio S&P 400 Mid Cap ETF in 2025 Q2 according to their latest regulatory filings, with 101 funds opening new positions, 297 increasing their positions, 232 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

115% more first-time investments, than exits

New positions opened: 101 | Existing positions closed: 47

28% more repeat investments, than reductions

Existing positions increased: 297 | Existing positions reduced: 232

9% more capital invested

Capital invested by funds: $10.6B → $11.6B (+$968M)

7% more funds holding

Funds holding: 677722 (+45)

0.13% more ownership

Funds ownership: 88.18%88.31% (+0.13%)

7% less funds holding in top 10

Funds holding in top 10: 5753 (-4)

Holders
722
Holders Change
+45
Holders Change %
+6.65%
% of All Funds
9.51%
Holding in Top 10
53
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-7.02%
% of All Funds
0.7%
New
101
Increased
297
Reduced
232
Closed
47
Calls
$609K
Puts
Net Calls
+$609K
Net Calls Change
-$77K
Name Holding Trade Value Shares
Change
Change in
Stake
Creative Planning
1
Creative Planning
Kansas
$4.52B +$151M +2,922,150 +4%
Betterment LLC
2
Betterment LLC
New York
$1.04B +$65.5M +1,271,524 +7%
LPL Financial
3
LPL Financial
California
$689M -$22.1M -429,729 -3%
VA
4
Valmark Advisers
Ohio
$361M +$14.2M +274,765 +4%
Carson Wealth (CWM LLC)
5
Carson Wealth (CWM LLC)
Nebraska
$255M -$97.2M -1,887,070 -29%
AG
6
AlTi Global
New York
$201M -$84.2M -1,634,852 -31%
HighTower Advisors
7
HighTower Advisors
Illinois
$174M +$12.5M +242,156 +8%
TPSF
8
Texas Permanent School Fund
Texas
$162M +$401K +7,791 +0.3%
Morgan Stanley
9
Morgan Stanley
New York
$162M +$17.9M +347,947 +13%
HP
10
Hancock Prospecting
Australia
$156M
FWI
11
Facet Wealth Inc
Maryland
$151M +$13.3M +257,924 +10%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$147M +$28.6M +555,823 +26%
Bank of America
13
Bank of America
North Carolina
$102M -$500K -9,706 -0.5%
ETC
14
Exchange Traded Concepts
Oklahoma
$94.1M +$89.2M +1,731,058 New
Northwestern Mutual Wealth Management
15
Northwestern Mutual Wealth Management
Wisconsin
$84.3M +$16.3M +315,630 +26%
Osaic Holdings
16
Osaic Holdings
Arizona
$78.3M +$1.41M +27,377 +2%
UBS Group
17
UBS Group
Switzerland
$78M +$17.9M +347,625 +32%
APWA
18
Atlas Private Wealth Advisors
New Jersey
$77.4M -$2.28M -44,298 -3%
HBT
19
Hills Bank & Trust
Iowa
$65M +$30.2M +586,903 +96%
FCAS
20
First Command Advisory Services
Texas
$62M +$9.54M +185,244 +19%
CWM
21
Cornerstone Wealth Management
Missouri
$58.3M +$1.77M +34,344 +3%
AOI
22
Auto-Owners Insurance
Michigan
$56.6M +$38.2M +741,707 +249%
WAP
23
Wealthcare Advisory Partners
Pennsylvania
$56.1M +$4.86M +94,311 +10%
FFA
24
Farther Finance Advisors
California
$52.8M +$28.4M +550,634 +131%
MSA
25
Mason Street Advisors
Wisconsin
$50.4M

SPMD Hedge Fund Activity: Q2 2025 in Review

722 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) for Q2 2025, worth a combined $11.6B — up 9.1% from $10.6B a quarter earlier.

Buyers outnumbered sellers: 101 funds opened new SPMD positions and 47 closed out — a net gain of 54 holders — while 297 added to existing stakes and 232 trimmed.

The largest buyer was Creative Planning, adding an estimated $151M. The largest seller was Carson Wealth (CWM LLC), cutting an estimated $97.2M.

  • 722 institutional investors held State Street SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) as of Q2 2025, up from 677 in Q1 2025.
  • Funds reported $11.6B of State Street SPDR Portfolio S&P 400 Mid Cap ETF stock for Q2 2025, up 9.1% quarter-over-quarter.
  • 101 funds opened new State Street SPDR Portfolio S&P 400 Mid Cap ETF positions in Q2 2025 and 47 closed out, a net change of +54 holders.
  • The largest State Street SPDR Portfolio S&P 400 Mid Cap ETF buyer in Q2 2025 was Creative Planning, an estimated $151M added.
  • The largest State Street SPDR Portfolio S&P 400 Mid Cap ETF seller in Q2 2025 was Carson Wealth (CWM LLC), an estimated $97.2M sold.

Based on aggregated 13F filings for Q2 2025.