State Street SPDR Portfolio S&P 500 ETF
SPYM
1,597 hedge funds and large institutions have $68.5B invested in State Street SPDR Portfolio S&P 500 ETF in 2025 Q4 according to their latest regulatory filings, with 252 funds opening new positions, 722 increasing their positions, 467 reducing their positions, and 59 closing their positions.
327% more first-time investments, than exits
New positions opened: 252 | Existing positions closed: 59
55% more repeat investments, than reductions
Existing positions increased: 722 | Existing positions reduced: 467
15% more funds holding in top 10
Funds holding in top 10: 302 → 347 (+45)
12% more funds holding
Funds holding: 1,428 → 1,597 (+169)
10% more capital invested
Capital invested by funds: $62.2B → $68.5B (+$6.31B)
1.24% more ownership
Funds ownership: 70.34% → 71.59% (+1.2%)
50% less call options, than puts
Call options by funds: $79M | Put options by funds: $158M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.32B |
| 2 |
N
Natixis
Paris,
France
|
+$1.31B |
| 3 |
Jones Financial Companies
Des Peres,
Missouri
|
+$524M |
| 4 |
Betterment LLC
New York
|
+$401M |
| 5 |
GT
Greenleaf Trust
Kalamazoo,
Michigan
|
+$400M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$922M |
| 2 |
KCM
Kedalion Capital Management
London,
United Kingdom
|
-$719M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$325M |
| 4 |
ACM
Advance Capital Management
Southfield,
Michigan
|
-$111M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$105M |
SPYM Hedge Fund Activity: Q4 2025 in Review
1,597 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio S&P 500 ETF (SPYM) for Q4 2025, worth a combined $68.5B — up 10% from $62.2B a quarter earlier.
Buyers outnumbered sellers: 252 funds opened new SPYM positions and 59 closed out — a net gain of 193 holders — while 722 added to existing stakes and 467 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.32B. The largest seller was Bank of America, cutting an estimated $922M.
- 1,597 institutional investors held State Street SPDR Portfolio S&P 500 ETF (SPYM) as of Q4 2025, up from 1,428 in Q3 2025.
- Funds reported $68.5B of State Street SPDR Portfolio S&P 500 ETF stock for Q4 2025, up 10% quarter-over-quarter.
- 252 funds opened new State Street SPDR Portfolio S&P 500 ETF positions in Q4 2025 and 59 closed out, a net change of +193 holders.
- The largest State Street SPDR Portfolio S&P 500 ETF buyer in Q4 2025 was Morgan Stanley, an estimated $1.32B added.
- The largest State Street SPDR Portfolio S&P 500 ETF seller in Q4 2025 was Bank of America, an estimated $922M sold.
Based on aggregated 13F filings for Q4 2025.