State Street SPDR S&P 500 ETF Trust
SPY
3,320 hedge funds and large institutions have $229B invested in State Street SPDR S&P 500 ETF Trust in 2023 Q3 according to their latest regulatory filings, with 171 funds opening new positions, 1,351 increasing their positions, 1,366 reducing their positions, and 115 closing their positions.
49% more first-time investments, than exits
New positions opened: 171 | Existing positions closed: 115
1% more funds holding
Funds holding: 3,303 → 3,320 (+17)
1% less funds holding in top 10
Funds holding in top 10: 945 → 937 (-8)
1% less repeat investments, than reductions
Existing positions increased: 1,351 | Existing positions reduced: 1,366
1.55% less ownership
Funds ownership: 59.18% → 57.63% (-1.5%)
7% less capital invested
Capital invested by funds: $247B → $229B (-$17.7B)
42% less call options, than puts
Call options by funds: $238B | Put options by funds: $413B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$6.24B |
| 2 |
Millennium Management
New York
|
+$3.7B |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.26B |
| 4 |
BBVA
Banco Bilbao Vizcaya Argentaria
Madrid,
Spain
|
+$3.02B |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.1B |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CTC (Chicago Trading Company)
Chicago,
Illinois
|
-$6.47B |
| 2 |
JP Morgan Chase
New York
|
-$4.62B |
| 3 |
Wells Fargo
San Francisco,
California
|
-$3.71B |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.23B |
| 5 |
Morgan Stanley
New York
|
-$2.7B |
SPY Hedge Fund Activity: Q3 2023 in Review
3,320 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P 500 ETF Trust (SPY) for Q3 2023, worth a combined $229B — down 7.2% from $247B a quarter earlier.
Buyers outnumbered sellers: 171 funds opened new SPY positions and 115 closed out — a net gain of 56 holders — while 1,351 added to existing stakes and 1,366 trimmed.
The largest buyer was Jane Street, adding an estimated $6.24B. The largest seller was CTC (Chicago Trading Company), exiting entirely with an estimated $6.47B sold.
- 3,320 institutional investors held State Street SPDR S&P 500 ETF Trust (SPY) as of Q3 2023, up from 3,303 in Q2 2023.
- Funds reported $229B of State Street SPDR S&P 500 ETF Trust stock for Q3 2023, down 7.2% quarter-over-quarter.
- 171 funds opened new State Street SPDR S&P 500 ETF Trust positions in Q3 2023 and 115 closed out, a net change of +56 holders.
- The largest State Street SPDR S&P 500 ETF Trust buyer in Q3 2023 was Jane Street, an estimated $6.24B added.
- The largest State Street SPDR S&P 500 ETF Trust seller in Q3 2023 was CTC (Chicago Trading Company), an estimated $6.47B sold.
Based on aggregated 13F filings for Q3 2023.