State Street Ultra Short Term Bond ETF
ULST
116 hedge funds and large institutions have $533M invested in State Street Ultra Short Term Bond ETF in 2025 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 49 increasing their positions, 36 reducing their positions, and 14 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 36
13% more capital invested
Capital invested by funds: $471M → $533M (+$62.8M)
0.37% less ownership
Funds ownership: 80.15% → 79.78% (-0.37%)
3% less funds holding
Funds holding: 120 → 116 (-4)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$57.7M |
| 2 |
PWM
PTM Wealth Management
North Wales,
United States
|
+$17.6M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.24M |
| 4 |
AC
Avestar Capital
New York
|
+$3.41M |
| 5 |
LPL Financial
San Diego,
California
|
+$3.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TPWA
TRUE Private Wealth Advisors
Salem,
Oregon
|
-$17.3M |
| 2 |
BFG
Bouchey Financial Group
Troy,
New York
|
-$6.93M |
| 3 |
OWA
ORBA Wealth Advisors
Chicago,
Illinois
|
-$3.6M |
| 4 |
HI
Harbour Investments
Madison,
Wisconsin
|
-$3.24M |
| 5 |
ARC
Advisor Resource Council
Dallas,
Texas
|
-$2.96M |
ULST Hedge Fund Activity: Q2 2025 in Review
116 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in State Street Ultra Short Term Bond ETF (ULST) for Q2 2025, worth a combined $533M — up 13% from $471M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of ULST and 12 opened new positions — a net loss of 2 holders — while 36 trimmed existing stakes and 49 added.
The largest buyer was Carson Wealth (CWM LLC), adding an estimated $57.7M. The largest seller was TRUE Private Wealth Advisors, exiting entirely with an estimated $17.3M sold.
- 116 institutional investors held State Street Ultra Short Term Bond ETF (ULST) as of Q2 2025, down from 120 in Q1 2025.
- Funds reported $533M of State Street Ultra Short Term Bond ETF stock for Q2 2025, up 13% quarter-over-quarter.
- 12 funds opened new State Street Ultra Short Term Bond ETF positions in Q2 2025 and 14 closed out, a net change of -2 holders.
- The largest State Street Ultra Short Term Bond ETF buyer in Q2 2025 was Carson Wealth (CWM LLC), an estimated $57.7M added.
- The largest State Street Ultra Short Term Bond ETF seller in Q2 2025 was TRUE Private Wealth Advisors, an estimated $17.3M sold.
Based on aggregated 13F filings for Q2 2025.