State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF
SPYX
178 hedge funds and large institutions have $645M invested in State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF in 2023 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 50 increasing their positions, 58 reducing their positions, and 9 closing their positions.
167% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 9
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
15% more capital invested
Capital invested by funds: $559M → $645M (+$85.4M)
8% more funds holding
Funds holding: 165 → 178 (+13)
14% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 58
110.11% less ownership
Funds ownership: 160.73% → 50.62% (-110%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Choate Investment Advisors
Boston,
Massachusetts
|
+$23M |
| 2 |
CIM
Chapman Investment Management
San Anselmo,
California
|
+$6.18M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.6M |
| 4 |
Cerity Partners
New York
|
+$3.25M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$33.8M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$21.1M |
| 3 |
LPL Financial
San Diego,
California
|
-$11.8M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$7.33M |
| 5 |
PS
Portfolio Strategies
Monsey,
New York
|
-$5.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFA
176
Farther Finance Advisors
San Francisco,
California
| $2.16K | -$11.9K | -367 | -85% |
|
177
JP Morgan Chase
New York
| $2K | – | – | – |
|
|
NSIM
178
North Star Investment Management
Chicago,
Illinois
| $1.11K | – | – | – |
|
|
KAS
179
Kestra Advisory Services
Austin,
Texas
| – | -$21.1M | -678,363 | Closed |
|
|
PS
180
Portfolio Strategies
Monsey,
New York
| – | -$5.28M | -169,734 | Closed |
|
|
AC
181
Arjuna Capital
Durham,
North Carolina
| – | -$1.29M | -41,304 | Closed |
|
|
PFM
182
Parsec Financial Management
Asheville,
North Carolina
| – | -$504K | -16,212 | Closed |
|
|
MHS
183
M Holdings Securities
Portland,
Oregon
| – | -$430K | -13,815 | Closed |
|
|
EE
184
EWG Elevate
Roseville,
California
| – | -$51.1K | -1,641 | Closed |
|
|
MCC
185
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$31K | -996 | Closed |
|
|
DWP
186
Destiny Wealth Partners
Tavares,
Florida
| – | -$12.3K | -396 | Closed |
|
|
BWL
187
Bogart Wealth LLC
Mclean,
Virginia
| – | -$93 | -3 | Closed |
|
SPYX Hedge Fund Activity: Q1 2023 in Review
178 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF (SPYX) for Q1 2023, worth a combined $645M — up 15% from $559M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SPYX positions and 9 closed out — a net gain of 15 holders — while 50 added to existing stakes and 58 trimmed.
The largest buyer was Choate Investment Advisors, adding an estimated $23M. The largest seller was Franklin Resources, cutting an estimated $33.8M.
- 178 institutional investors held State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF (SPYX) as of Q1 2023, up from 165 in Q4 2022.
- Funds reported $645M of State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF stock for Q1 2023, up 15% quarter-over-quarter.
- 24 funds opened new State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF positions in Q1 2023 and 9 closed out, a net change of +15 holders.
- The largest State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF buyer in Q1 2023 was Choate Investment Advisors, an estimated $23M added.
- The largest State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF seller in Q1 2023 was Franklin Resources, an estimated $33.8M sold.
Based on aggregated 13F filings for Q1 2023.