State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
186 hedge funds and large institutions have $970M invested in State Street SPDR Portfolio S&P 600 Small Cap ETF in 2018 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 97 increasing their positions, 25 reducing their positions, and 12 closing their positions.
288% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 25
258% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 12
90% more funds holding in top 10
Funds holding in top 10: 10 → 19 (+9)
50% more capital invested
Capital invested by funds: $647M → $970M (+$323M)
20% more funds holding
Funds holding: 155 → 186 (+31)
5.92% more ownership
Funds ownership: 54.8% → 60.72% (+5.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$147M |
| 2 |
PI
PFS Investments
Duluth,
Georgia
|
+$44.9M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$15.4M |
| 4 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$12.1M |
| 5 |
FFS
Founders Financial Securities
Towson,
Maryland
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$21.3M |
| 2 |
SPIA
Steward Partners Investment Advisory
New York
|
-$8.85M |
| 3 |
State Street
Boston,
Massachusetts
|
-$6.81M |
| 4 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$6.05M |
| 5 |
RA
RFG Advisory
Birmingham,
Alabama
|
-$4.22M |
SPSM Hedge Fund Activity: Q3 2018 in Review
186 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) for Q3 2018, worth a combined $970M — up 50% from $647M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new SPSM positions and 12 closed out — a net gain of 31 holders — while 97 added to existing stakes and 25 trimmed.
The largest buyer was Horizon Investments, opening a new position worth an estimated $147M. The largest seller was Stadion Money Management, exiting entirely with an estimated $21.3M sold.
- 186 institutional investors held State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) as of Q3 2018, up from 155 in Q2 2018.
- Funds reported $970M of State Street SPDR Portfolio S&P 600 Small Cap ETF stock for Q3 2018, up 50% quarter-over-quarter.
- 43 funds opened new State Street SPDR Portfolio S&P 600 Small Cap ETF positions in Q3 2018 and 12 closed out, a net change of +31 holders.
- The largest State Street SPDR Portfolio S&P 600 Small Cap ETF buyer in Q3 2018 was Horizon Investments, an estimated $147M added.
- The largest State Street SPDR Portfolio S&P 600 Small Cap ETF seller in Q3 2018 was Stadion Money Management, an estimated $21.3M sold.
Based on aggregated 13F filings for Q3 2018.