QUS β€” SPDR SERIES TRUST

Ownership history in SFMG, LLC  Β·  26 quarters on record

This page tracks every 13F SEC filing in which SFMG, LLC reported a position in SPDR SERIES TRUST (QUS). 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
6.49% (2024 Q3)
πŸ“Š Avg. % of fund
5.27%
πŸ“… First filed
2019 Q3
πŸ“… Last filed
2025 Q4
⏱ Quarters held
26

Position Intelligence

SFMG, LLC Γ— QUS AI Analytics

πŸ“‰ SFMG, LLC underperformed the S&P 500 by –2.7% annually on this QUS position. Timing score: 68% (17/25 decisions correct). Average cost basis: $96.15. Maximum drawdown during holding period: –21.7%.

πŸ“ˆ Position Alpha vs SPY
-2.7%
annualised excess return

⚠️ Trailed SPY by 2.7% ann. on this position.
25 quarters analyzed

⏱️ Timing Score
68%

βœ… Decent timing β€” more right than wrong on entries and exits.
17 of 25 add/trim decisions correct

πŸ’° Entry Quality
$96.15
+81.2% vs current ($174.18)

Best entry: $79.89 (2019 Q3)  Β·  Worst: $174.18 (2025 Q4)

πŸ›‘οΈ Drawdown Resilience
–21.7%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
81%
buy-side decisions

21 adds Β· 5 trims. Bought during 5 of 7 down-price quarters. πŸ‚ Consistently bullish β€” fund kept accumulating this position.

πŸ“‘ Position Trajectory
↓ Shrinking
last 4–5 quarters trend

πŸ“‰ Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 6.15% 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)    QUS 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 527,047 +3,069 +0.6% 6.15% $91.8M $174.18
2025 Q3 ADDED 523,978 +4,566 +0.9% 6.22% $89.7M $169.79
2025 Q2 ADDED 519,412 +2,122 +0.4% 6.36% $84.7M $161.74
2025 Q1 ADDED 517,290 +2,687 +0.5% 6.40% $81.1M $154.43
2024 Q4 ADDED 514,603 +6,162 +1.2% 6.28% $79.7M $152.62
2024 Q3 ADDED 508,441 +10,402 +2.1% 6.49% $80.1M $153.97
2024 Q2 REDUCED 498,039 -3,821 -0.8% 6.38% $73.4M $144.10
2024 Q1 ADDED 501,860 +5,326 +1.1% 6.28% $73.1M $141.37
2023 Q4 ADDED 496,534 +6,171 +1.3% 6.08% $65.6M $128.26
2023 Q3 ADDED 490,363 +23,657 +5.1% 6.08% $59.2M $116.08
16 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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