State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
844 hedge funds and large institutions have $16.6B invested in State Street SPDR Portfolio S&P 400 Mid Cap ETF in 2026 Q2 according to their latest regulatory filings, with 83 funds opening new positions, 362 increasing their positions, 271 reducing their positions, and 42 closing their positions.
98% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 42
34% more repeat investments, than reductions
Existing positions increased: 362 | Existing positions reduced: 271
19% more capital invested
Capital invested by funds: $14B → $16.6B (+$2.61B)
3% more funds holding
Funds holding: 816 → 844 (+28)
1.5% more ownership
Funds ownership: 89.44% → 90.94% (+1.5%)
7% less funds holding in top 10
Funds holding in top 10: 67 → 62 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$433M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$296M |
| 3 |
LPL Financial
San Diego,
California
|
+$38.8M |
| 4 |
KOC
Koss-Olinger Consulting
Gainesville,
Florida
|
+$32.9M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$29.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$137M |
| 2 |
Betterment LLC
New York
|
-$85.8M |
| 3 |
TPSF
Texas Permanent School Fund
Austin,
Texas
|
-$30.9M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$22.4M |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$19.8M |
SPMD Hedge Fund Activity: Q2 2026 in Review
844 of the 8,345 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) for Q2 2026, worth a combined $16.6B — up 19% from $14B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new SPMD positions and 42 closed out — a net gain of 41 holders — while 362 added to existing stakes and 271 trimmed.
The largest buyer was Bank of America, adding an estimated $433M. The largest seller was UBS Group, cutting an estimated $137M.
- 844 institutional investors held State Street SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) as of Q2 2026, up from 816 in Q1 2026.
- Funds reported $16.6B of State Street SPDR Portfolio S&P 400 Mid Cap ETF stock for Q2 2026, up 19% quarter-over-quarter.
- 83 funds opened new State Street SPDR Portfolio S&P 400 Mid Cap ETF positions in Q2 2026 and 42 closed out, a net change of +41 holders.
- The largest State Street SPDR Portfolio S&P 400 Mid Cap ETF buyer in Q2 2026 was Bank of America, an estimated $433M added.
- The largest State Street SPDR Portfolio S&P 400 Mid Cap ETF seller in Q2 2026 was UBS Group, an estimated $137M sold.
Based on aggregated 13F filings for Q2 2026.