State Street SPDR Portfolio Long Term Treasury ETF
SPTL
483 hedge funds and large institutions have $9.31B invested in State Street SPDR Portfolio Long Term Treasury ETF in 2025 Q4 according to their latest regulatory filings, with 103 funds opening new positions, 193 increasing their positions, 147 reducing their positions, and 32 closing their positions.
222% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 32
38% more funds holding in top 10
Funds holding in top 10: 24 → 33 (+9)
31% more repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 147
15% more funds holding
Funds holding: 420 → 483 (+63)
3.32% less ownership
Funds ownership: 88.68% → 85.36% (-3.3%)
10% less capital invested
Capital invested by funds: $10.4B → $9.31B (-$1.09B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$240M |
| 2 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$74.7M |
| 3 |
LPL Financial
San Diego,
California
|
+$59.5M |
| 4 |
Financial Engines Advisors
Santa Clara,
California
|
+$54.7M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$35.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
-$1.6B |
| 2 |
JP Morgan Chase
New York
|
-$21.4M |
| 3 |
SWIG
Strategic Wealth Investment Group
Louisville,
Kentucky
|
-$17.6M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$16.2M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$13.1M |
SPTL Hedge Fund Activity: Q4 2025 in Review
483 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio Long Term Treasury ETF (SPTL) for Q4 2025, worth a combined $9.31B — down 10% from $10.4B a quarter earlier.
Buyers outnumbered sellers: 103 funds opened new SPTL positions and 32 closed out — a net gain of 71 holders — while 193 added to existing stakes and 147 trimmed.
The largest buyer was State Street, adding an estimated $240M. The largest seller was Fisher Asset Management, cutting an estimated $1.6B.
- 483 institutional investors held State Street SPDR Portfolio Long Term Treasury ETF (SPTL) as of Q4 2025, up from 420 in Q3 2025.
- Funds reported $9.31B of State Street SPDR Portfolio Long Term Treasury ETF stock for Q4 2025, down 10% quarter-over-quarter.
- 103 funds opened new State Street SPDR Portfolio Long Term Treasury ETF positions in Q4 2025 and 32 closed out, a net change of +71 holders.
- The largest State Street SPDR Portfolio Long Term Treasury ETF buyer in Q4 2025 was State Street, an estimated $240M added.
- The largest State Street SPDR Portfolio Long Term Treasury ETF seller in Q4 2025 was Fisher Asset Management, an estimated $1.6B sold.
Based on aggregated 13F filings for Q4 2025.