State Street SPDR S&P 500 ETF Trust
SPY
3,254 hedge funds and large institutions have $213B invested in State Street SPDR S&P 500 ETF Trust in 2023 Q1 according to their latest regulatory filings, with 190 funds opening new positions, 1,151 increasing their positions, 1,494 reducing their positions, and 169 closing their positions.
12% more first-time investments, than exits
New positions opened: 190 | Existing positions closed: 169
2.68% more ownership
Funds ownership: 57.57% → 60.25% (+2.7%)
0% more funds holding in top 10
Funds holding in top 10: 914 → 918 (+4)
1% less funds holding
Funds holding: 3,303 → 3,254 (-49)
7% less capital invested
Capital invested by funds: $230B → $213B (-$16.8B)
23% less repeat investments, than reductions
Existing positions increased: 1,151 | Existing positions reduced: 1,494
49% less call options, than puts
Call options by funds: $226B | Put options by funds: $444B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$10.9B |
| 2 |
Morgan Stanley
New York
|
+$1.62B |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.22B |
| 4 |
Citigroup
New York
|
+$1.1B |
| 5 |
Jane Street
New York
|
+$937M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$5.2B |
| 2 |
CWM
CIBC World Markets
New York
|
-$2.58B |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$1.98B |
| 4 |
CS
Clear Street
New York
|
-$1.76B |
| 5 |
CF
Cantor Fitzgerald
New York
|
-$935M |
SPY Hedge Fund Activity: Q1 2023 in Review
3,254 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P 500 ETF Trust (SPY) for Q1 2023, worth a combined $213B — down 7.3% from $230B a quarter earlier.
Buyers outnumbered sellers: 190 funds opened new SPY positions and 169 closed out — a net gain of 21 holders — while 1,151 added to existing stakes and 1,494 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $10.9B. The largest seller was Wells Fargo, cutting an estimated $5.2B.
- 3,254 institutional investors held State Street SPDR S&P 500 ETF Trust (SPY) as of Q1 2023, down from 3,303 in Q4 2022.
- Funds reported $213B of State Street SPDR S&P 500 ETF Trust stock for Q1 2023, down 7.3% quarter-over-quarter.
- 190 funds opened new State Street SPDR S&P 500 ETF Trust positions in Q1 2023 and 169 closed out, a net change of +21 holders.
- The largest State Street SPDR S&P 500 ETF Trust buyer in Q1 2023 was Envestnet Asset Management, an estimated $10.9B added.
- The largest State Street SPDR S&P 500 ETF Trust seller in Q1 2023 was Wells Fargo, an estimated $5.2B sold.
Based on aggregated 13F filings for Q1 2023.