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State Street SPDR S&P 500 ETF Trust

3,316 hedge funds and large institutions have $230B 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, 1,350 increasing their positions, 1,365 reducing their positions, and 117 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more first-time investments, than exits

New positions opened: 171 | Existing positions closed: 117

0% more funds holding

Funds holding: 3,3003,316 (+16)

1% less funds holding in top 10

Funds holding in top 10: 945937 (-8)

1% less repeat investments, than reductions

Existing positions increased: 1,350 | Existing positions reduced: 1,365

1.49% less ownership

Funds ownership: 59.18%57.69% (-1.5%)

7% less capital invested

Capital invested by funds: $247B → $230B (-$17.6B)

42% less call options, than puts

Call options by funds: $238B | Put options by funds: $413B

Holders
3,316
Holders Change
+16
Holders Change %
+0.48%
% of All Funds
52.62%
Holding in Top 10
937
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-0.85%
% of All Funds
14.87%
New
171
Increased
1,350
Reduced
1,365
Closed
117
Calls
$238B
Puts
$413B
Net Calls
-$175B
Net Calls Change
+$75.4B
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
1
JP Morgan Chase
New York
$21.1B -$4.62B -10,388,306 -17%
Goldman Sachs
2
Goldman Sachs
New York
$15.9B -$351M -789,462 -2%
Jane Street
3
Jane Street
New York
$10.5B +$6.24B +14,025,741 +132%
Morgan Stanley
4
Morgan Stanley
New York
$10.3B -$2.7B -6,068,234 -20%
Bank of America
5
Bank of America
North Carolina
$10.3B -$3.23B -7,253,250 -23%
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$9.21B +$3.26B +7,319,342 +51%
Northern Trust
7
Northern Trust
Illinois
$5.71B -$40.5M -91,081 -0.7%
Wells Fargo
8
Wells Fargo
California
$4.68B -$3.71B -8,340,997 -43%
Bank of Montreal
9
Bank of Montreal
Ontario, Canada
$4.33B +$593M +1,333,873 +16%
UBS Group
10
UBS Group
Switzerland
$3.85B +$390M +876,391 +11%
TD Asset Management
11
TD Asset Management
Ontario, Canada
$3.67B -$452M -1,015,891 -11%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$3.34B +$1.1B +2,475,563 +46%
LPL Financial
13
LPL Financial
California
$3.14B +$271M +609,202 +9%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
14
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$2.59B +$782M +1,759,091 +41%
Northwestern Mutual Wealth Management
15
Northwestern Mutual Wealth Management
Wisconsin
$2.53B +$62.7M +141,080 +2%
MSU
16
Mizuho Securities USA
New York
$2.37B +$336M +755,506 +16%
Millennium Management
17
Millennium Management
New York
$2.37B +$3.7B +8,320,088 +257%
HF
18
HRT Financial
New York
$2.13B -$773M -1,737,910 -26%
US Bancorp
19
US Bancorp
Minnesota
$2.03B -$20.7M -46,479 -1%
PNC Financial Services Group
20
PNC Financial Services Group
Pennsylvania
$1.87B -$12.8M -28,821 -0.7%
Fidelity Investments
21
Fidelity Investments
Massachusetts
$1.71B -$13.4M -30,189 -0.8%
Wolverine Trading
22
Wolverine Trading
Illinois
$1.7B -$1.28B -2,875,178 -42%
SOMRS
23
State of Michigan Retirement System
Michigan
$1.53B +$39.9M +89,800 +3%
Truist Financial
24
Truist Financial
North Carolina
$1.5B +$36.9M +83,003 +2%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$1.48B +$20.9M +47,048 +1%

SPY Hedge Fund Activity: Q3 2023 in Review

3,316 of the 6,302 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 $230B — down 7.1% from $247B a quarter earlier.

Buyers outnumbered sellers: 171 funds opened new SPY positions and 117 closed out — a net gain of 54 holders — while 1,350 added to existing stakes and 1,365 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.

  • 3,316 institutional investors held State Street SPDR S&P 500 ETF Trust (SPY) as of Q3 2023, up from 3,300 in Q2 2023.
  • Funds reported $230B of State Street SPDR S&P 500 ETF Trust stock for Q3 2023, down 7.1% quarter-over-quarter.
  • 171 funds opened new State Street SPDR S&P 500 ETF Trust positions in Q3 2023 and 117 closed out, a net change of +54 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.