State Street SPDR S&P 500 ETF Trust
SPY
3,684 hedge funds and large institutions have $310B invested in State Street SPDR S&P 500 ETF Trust in 2023 Q4 according to their latest regulatory filings, with 515 funds opening new positions, 1,506 increasing their positions, 1,262 reducing their positions, and 88 closing their positions.
485% more first-time investments, than exits
New positions opened: 515 | Existing positions closed: 88
35% more capital invested
Capital invested by funds: $230B → $310B (+$80.1B)
19% more repeat investments, than reductions
Existing positions increased: 1,506 | Existing positions reduced: 1,262
15% more funds holding in top 10
Funds holding in top 10: 937 → 1,073 (+136)
11% more funds holding
Funds holding: 3,317 → 3,684 (+367)
6.12% more ownership
Funds ownership: 57.69% → 63.81% (+6.1%)
41% less call options, than puts
Call options by funds: $262B | Put options by funds: $448B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$19.2B |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.75B |
| 3 |
CTC (Chicago Trading Company)
Chicago,
Illinois
|
+$5.47B |
| 4 |
Cerity Partners
New York
|
+$3.3B |
| 5 |
CWM
CIBC World Markets
New York
|
+$2.21B |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$6.5B |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.28B |
| 3 |
BBVA
Banco Bilbao Vizcaya Argentaria
Madrid,
Spain
|
-$3.02B |
| 4 |
Millennium Management
New York
|
-$2.47B |
| 5 |
SLI
Sumitomo Life Insurance
Tokyo,
Japan
|
-$506M |
SPY Hedge Fund Activity: Q4 2023 in Review
3,684 of the 6,863 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P 500 ETF Trust (SPY) for Q4 2023, worth a combined $310B — up 35% from $230B a quarter earlier.
Buyers outnumbered sellers: 515 funds opened new SPY positions and 88 closed out — a net gain of 427 holders — while 1,506 added to existing stakes and 1,262 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $19.2B. The largest seller was Jane Street, cutting an estimated $6.5B.
- 3,684 institutional investors held State Street SPDR S&P 500 ETF Trust (SPY) as of Q4 2023, up from 3,317 in Q3 2023.
- Funds reported $310B of State Street SPDR S&P 500 ETF Trust stock for Q4 2023, up 35% quarter-over-quarter.
- 515 funds opened new State Street SPDR S&P 500 ETF Trust positions in Q4 2023 and 88 closed out, a net change of +427 holders.
- The largest State Street SPDR S&P 500 ETF Trust buyer in Q4 2023 was Morgan Stanley, an estimated $19.2B added.
- The largest State Street SPDR S&P 500 ETF Trust seller in Q4 2023 was Jane Street, an estimated $6.5B sold.
Based on aggregated 13F filings for Q4 2023.