SPY β€” SPDR S&P 500 ETF TR

Ownership history in Elequin Capital, LP  Β·  12 quarters on record

This page tracks every 13F SEC filing in which Elequin Capital, LP reported a position in SPDR S&P 500 ETF TR (SPY). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
2.28% (2025 Q4)
πŸ“Š Avg. % of fund
0.43%
πŸ“… First filed
2023 Q3
πŸ“… Last filed
2025 Q4
⏱ Quarters held
12

Position Intelligence

Elequin Capital, LP Γ— SPY AI Analytics

πŸ“ˆ Elequin Capital, LP outperformed the S&P 500 by +-0.0% annually on this SPY position. Timing score: 50% (5/10 decisions correct). Average cost basis: $631.82. Maximum drawdown during holding period: –4.3%.

πŸ“ˆ Position Alpha vs SPY
-0.0%
annualised excess return

➑️ Roughly in line with S&P 500 (±1% alpha range).
10 quarters analyzed

⏱️ Timing Score
50%

➑️ Neutral timing β€” roughly coin-flip accuracy on add/trim calls.
5 of 10 add/trim decisions correct

πŸ’° Entry Quality
$631.82
+7.6% vs current ($680.06)

Best entry: $563.66 (2024 Q3)  Β·  Worst: $680.06 (2025 Q4)

πŸ›‘οΈ Drawdown Resilience
–4.3%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
42%
buy-side decisions

5 adds Β· 7 trims. Bought during 0 of 1 down-price quarters. πŸ“‰ Predominantly trimming β€” distribution phase.

πŸ“‘ Position Trajectory
↑ Growing
last 4–5 quarters trend

πŸ“ˆ Elequin Capital, LP has been actively increasing its SPY allocation β€” a bullish signal from insiders.
Currently 2.28% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    SPY price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 ADDED 45,019 +44,038 +4489.1% 2.28% $30.7M $680.06
2025 Q3 REDUCED 981 -291 -22.9% 0.04% $654K $662.41
2025 Q2 ADDED 1,272 +686 +117.1% 0.10% $786K $612.65
2025 Q1 REDUCED 586 -7,414 -92.7% 0.04% $328K $553.05
2024 Q4 ADDED 8,000 +7,487 +1459.5% 0.37% $4.7M $577.70
2024 Q4 REDUCED 513 -887 -63.4% 0.02% $301K $577.70
2024 Q4 REDUCED 1,400 -23,700 -94.4% 0.06% $821K $577.70
2024 Q3 ADDED 25,100 +25,030 +35757.1% 1.61% $14.4M $563.66
2024 Q3 REDUCED 70 -258 -78.7% 0.00% $40K $563.66
2024 Q2 REDUCED 328 -1,473 -81.8% 0.01% $57K $533.00
2 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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