State Street SPDR S&P 500 ETF Trust
SPY
1,053 hedge funds and large institutions have $119B invested in State Street SPDR S&P 500 ETF Trust in 2013 Q3 according to their latest regulatory filings, with 111 funds opening new positions, 433 increasing their positions, 391 reducing their positions, and 71 closing their positions.
56% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 71
11% more repeat investments, than reductions
Existing positions increased: 433 | Existing positions reduced: 391
7% more capital invested
Capital invested by funds: $112B → $119B (+$7.91B)
3% more funds holding
Funds holding: 1,025 → 1,053 (+28)
1% less funds holding in top 10
Funds holding in top 10: 322 → 318 (-4)
5.5% less ownership
Funds ownership: 83.96% → 78.46% (-5.5%)
41% less call options, than puts
Call options by funds: $50.7B | Put options by funds: $86.5B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$2.78B |
| 2 |
CTC (Chicago Trading Company)
Chicago,
Illinois
|
+$2.34B |
| 3 |
Morgan Stanley
New York
|
+$2.34B |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$806M |
| 5 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
+$794M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.73B |
| 2 |
HSBC Holdings
London,
United Kingdom
|
-$1.01B |
| 3 |
AT
Allston Trading
Chicago,
Illinois
|
-$922M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$845M |
| 5 |
AM
Appaloosa Management
Miami Beach,
Florida
|
-$729M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1126
Edgewood Management
Greenwich,
Connecticut
| – | -$61K | -381 | Closed |
|
|
TSWM
1127
Triangle Securities Wealth Management
Raleigh,
North Carolina
| – | -$21K | -133 | Closed |
|
|
MC
1128
Maplelane Capital
New York
| – | +$168 | +1 | New |
|
SPY Hedge Fund Activity: Q3 2013 in Review
1,053 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P 500 ETF Trust (SPY) for Q3 2013, worth a combined $119B — up 7.1% from $112B a quarter earlier.
Buyers outnumbered sellers: 111 funds opened new SPY positions and 71 closed out — a net gain of 40 holders — while 433 added to existing stakes and 391 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $2.78B. The largest seller was Susquehanna International Group, cutting an estimated $6.73B.
- 1,053 institutional investors held State Street SPDR S&P 500 ETF Trust (SPY) as of Q3 2013, up from 1,025 in Q2 2013.
- Funds reported $119B of State Street SPDR S&P 500 ETF Trust stock for Q3 2013, up 7.1% quarter-over-quarter.
- 111 funds opened new State Street SPDR S&P 500 ETF Trust positions in Q3 2013 and 71 closed out, a net change of +40 holders.
- The largest State Street SPDR S&P 500 ETF Trust buyer in Q3 2013 was BNP Paribas Financial Markets, an estimated $2.78B added.
- The largest State Street SPDR S&P 500 ETF Trust seller in Q3 2013 was Susquehanna International Group, an estimated $6.73B sold.
Based on aggregated 13F filings for Q3 2013.