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State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM

667 hedge funds and large institutions have $5.38B invested in State Street SPDR Portfolio S&P 600 Small Cap ETF in 2023 Q2 according to their latest regulatory filings, with 220 funds opening new positions, 290 increasing their positions, 121 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

817% more first-time investments, than exits

New positions opened: 220 | Existing positions closed: 24

518% more call options, than puts

Call options by funds: $1.06M | Put options by funds: $171K

140% more repeat investments, than reductions

Existing positions increased: 290 | Existing positions reduced: 121

40% more funds holding

Funds holding: 477 → 667 (+190)

38% more capital invested

Capital invested by funds: $3.9B → $5.38B (+$1.48B)

23% more funds holding in top 10

Funds holding in top 10: 39 → 48 (+9)

7.9% less ownership

Funds ownership: 78.42% → 70.52% (-7.9%)

Holders
667
Holders Change
+190
Holders Change %
+39.83%
% of All Funds
10.47%
Holding in Top 10
48
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+23.08%
% of All Funds
0.75%
New
220
Increased
290
Reduced
121
Closed
24
Calls
$1.06M
Puts
$171K
Net Calls
+$886K
Net Calls Change
+$103K

Top Buyers

1
Ameriprise
Ameriprise
Minnesota
+$118M
2
LPL Financial
LPL Financial
California
+$101M
3
Bank of America
Bank of America
North Carolina
+$62.2M
4
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
+$55.4M
5
Financial Engines Advisors
Financial Engines Advisors
California
+$51.8M

Top Sellers

1
WAP
Wealthcare Advisory Partners
Pennsylvania
-$20.2M
2
M1FG
Mach-1 Financial Group
Arkansas
-$12.3M
3
LFPWM
Leicht Financial Planning & Wealth Management
New Jersey
-$8.56M
4
AssetMark Inc
AssetMark Inc
California
-$7.77M
5
MCC
Money Concepts Capital
Florida
-$7.46M
Name Holding Trade Value Shares
Change 		Change in
Stake
GSIAS
176
Garden State Investment Advisory Services
New Jersey
$3M +$2.87M +77,194 New
VAS
177
Vestmark Advisory Solutions
Massachusetts
$2.96M +$2.83M +76,173 New
AWA
178
Arete Wealth Advisors
Illinois
$2.95M -$4.3M -115,794 -60%
PWM
179
Paulson Wealth Management
Illinois
$2.95M +$2.82M +75,918 New
IA
180
IFG Advisors
Missouri
$2.92M +$2.79M +75,189 New
NFC
181
Northeast Financial Consultants
Connecticut
$2.87M +$2.75M +73,997 New
AFP
182
Ausdal Financial Partners
Iowa
$2.86M +$201K +5,414 +8%
WAM
183
WNY Asset Management
New York
$2.85M +$206K +5,541 +8%
PSFG
184
Prairie Sky Financial Group
Illinois
$2.83M +$2.71M +72,988 New
CWM
185
Cornerstone Wealth Management
Missouri
$2.82M +$367K +9,882 +16%
BCG
186
Breakwater Capital Group
New Jersey
$2.81M +$1.22M +32,747 +82%
MA
187
MJP Associates
Connecticut
$2.8M -$2.92M -78,583 -52%
PC
188
Pecaut & Co
Iowa
$2.77M +$376K +10,104 +16%
CW
189
CreativeOne Wealth
Kansas
$2.76M +$681K +18,328 +35%
Janney Montgomery Scott
190
Janney Montgomery Scott
Pennsylvania
$2.73M +$2.22M +59,630 +553%
CRI
191
Colonial River Investments
Virginia
$2.73M -$236K -6,341 -8%
FFA
192
Founders Financial Alliance
North Carolina
$2.62M +$2.45M +65,878 +4,002%
PIA
193
Perennial Investment Advisors
California
$2.58M -$404K -10,872 -14%
GM
194
GeoWealth Management
Illinois
$2.58M -$545K -14,671 -18%
DWM
195
Denver Wealth Management
Colorado
$2.56M +$2.45M +65,884 New
EFL
196
ERn Financial LLC
Wisconsin
$2.47M +$115K +3,082 +5%
HI
197
Harbour Investments
Wisconsin
$2.41M +$2.07M +55,739 +874%
GF
198
Goodman Financial
Texas
$2.4M +$24.3K +653 +1%
NC
199
NovaPoint Capital
Georgia
$2.33M -$26.6K -715 -1%
WC
200
Westwind Capital
New Mexico
$2.31M +$2.21M +59,498 New
6 7
8
9 10

SPSM Hedge Fund Activity: Q2 2023 in Review

667 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) for Q2 2023, worth a combined $5.38B — up 38% from $3.9B a quarter earlier.

Buyers outnumbered sellers: 220 funds opened new SPSM positions and 24 closed out — a net gain of 196 holders — while 290 added to existing stakes and 121 trimmed.

The largest buyer was Ameriprise, adding an estimated $118M. The largest seller was Wealthcare Advisory Partners, cutting an estimated $20.2M.

  • 667 institutional investors held State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) as of Q2 2023, up from 477 in Q1 2023.
  • Funds reported $5.38B of State Street SPDR Portfolio S&P 600 Small Cap ETF stock for Q2 2023, up 38% quarter-over-quarter.
  • 220 funds opened new State Street SPDR Portfolio S&P 600 Small Cap ETF positions in Q2 2023 and 24 closed out, a net change of +196 holders.
  • The largest State Street SPDR Portfolio S&P 600 Small Cap ETF buyer in Q2 2023 was Ameriprise, an estimated $118M added.
  • The largest State Street SPDR Portfolio S&P 600 Small Cap ETF seller in Q2 2023 was Wealthcare Advisory Partners, an estimated $20.2M sold.

Based on aggregated 13F filings for Q2 2023.