State Street SPDR S&P 500 ETF Trust
SPY
4,665 hedge funds and large institutions have $448B invested in State Street SPDR S&P 500 ETF Trust in 2026 Q2 according to their latest regulatory filings, with 255 funds opening new positions, 1,808 increasing their positions, 1,937 reducing their positions, and 125 closing their positions.
104% more first-time investments, than exits
New positions opened: 255 | Existing positions closed: 125
25% more capital invested
Capital invested by funds: $357B → $448B (+$90.9B)
2.25% more ownership
Funds ownership: 54.92% → 57.17% (+2.2%)
2% more funds holding in top 10
Funds holding in top 10: 1,114 → 1,132 (+18)
2% more funds holding
Funds holding: 4,596 → 4,665 (+69)
7% less repeat investments, than reductions
Existing positions increased: 1,808 | Existing positions reduced: 1,937
51% less call options, than puts
Call options by funds: $380B | Put options by funds: $780B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$17.4B |
| 2 |
D.E. Shaw & Co
New York
|
+$9.63B |
| 3 |
CCM
Carronade Capital Management
Darien,
Connecticut
|
+$3.26B |
| 4 |
Millennium Management
New York
|
+$3.07B |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.87B |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.96B |
| 2 |
Goldman Sachs
New York
|
-$3.69B |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$1.55B |
| 4 |
CM
Capula Management
Grand Cayman,
Cayman Islands
|
-$1.13B |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.09B |
SPY Hedge Fund Activity: Q2 2026 in Review
4,665 of the 8,345 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P 500 ETF Trust (SPY) for Q2 2026, worth a combined $448B — up 25% from $357B a quarter earlier.
Buyers outnumbered sellers: 255 funds opened new SPY positions and 125 closed out — a net gain of 130 holders — while 1,808 added to existing stakes and 1,937 trimmed.
The largest buyer was Jane Street, adding an estimated $17.4B. The largest seller was Morgan Stanley, cutting an estimated $5.96B.
- 4,665 institutional investors held State Street SPDR S&P 500 ETF Trust (SPY) as of Q2 2026, up from 4,596 in Q1 2026.
- Funds reported $448B of State Street SPDR S&P 500 ETF Trust stock for Q2 2026, up 25% quarter-over-quarter.
- 255 funds opened new State Street SPDR S&P 500 ETF Trust positions in Q2 2026 and 125 closed out, a net change of +130 holders.
- The largest State Street SPDR S&P 500 ETF Trust buyer in Q2 2026 was Jane Street, an estimated $17.4B added.
- The largest State Street SPDR S&P 500 ETF Trust seller in Q2 2026 was Morgan Stanley, an estimated $5.96B sold.
Based on aggregated 13F filings for Q2 2026.