State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
212 hedge funds and large institutions have $657M invested in State Street SPDR Portfolio S&P 600 Small Cap ETF in 2018 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 83 increasing their positions, 52 reducing their positions, and 33 closing their positions.
82% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 33
60% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 52
14% more funds holding
Funds holding: 186 → 212 (+26)
3.27% less ownership
Funds ownership: 60.72% → 57.44% (-3.3%)
32% less funds holding in top 10
Funds holding in top 10: 19 → 13 (-6)
32% less capital invested
Capital invested by funds: $970M → $657M (-$313M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Advisory Alpha
Holland,
Michigan
|
+$11.4M |
| 2 |
AssetMark Inc
Concord,
California
|
+$10.7M |
| 3 |
AAS
Annex Advisory Services
Brookfield,
Wisconsin
|
+$4.77M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$4.56M |
| 5 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$4.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$46.4M |
| 2 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$41.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$30.8M |
| 4 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$24.4M |
| 5 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$21.5M |
SPSM Hedge Fund Activity: Q4 2018 in Review
212 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) for Q4 2018, worth a combined $657M — down 32% from $970M a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new SPSM positions and 33 closed out — a net gain of 27 holders — while 83 added to existing stakes and 52 trimmed.
The largest buyer was Advisory Alpha, adding an estimated $11.4M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $46.4M.
- 212 institutional investors held State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) as of Q4 2018, up from 186 in Q3 2018.
- Funds reported $657M of State Street SPDR Portfolio S&P 600 Small Cap ETF stock for Q4 2018, down 32% quarter-over-quarter.
- 60 funds opened new State Street SPDR Portfolio S&P 600 Small Cap ETF positions in Q4 2018 and 33 closed out, a net change of +27 holders.
- The largest State Street SPDR Portfolio S&P 600 Small Cap ETF buyer in Q4 2018 was Advisory Alpha, an estimated $11.4M added.
- The largest State Street SPDR Portfolio S&P 600 Small Cap ETF seller in Q4 2018 was Charles Schwab Investment Advisory, an estimated $46.4M sold.
Based on aggregated 13F filings for Q4 2018.