Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

SPDR SERIES TRUST (BWX)

154 + Investors. Track Smart Money conviction in BWX. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +10
Streak
1Q ▲
Buyers last Q
56%

Smart Money Signals — BWX

Based on 153 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added BWX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
153 hedge funds hold BWX right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +25% more funds vs a year ago

fund count last 6Q
+31 new funds entered over the past year (+25% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 56% buying

84 buying67 selling
Last quarter: 84 funds bought or added vs 67 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+7 vs last Q)

new funds entering per quarter
Funds opening a new BWX position: 18 → 38 → 20 → 27. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

58% of holders stayed for 2+ years

58% conviction (2yr+) 24% medium 19% new
88 out of 153 hedge funds have held BWX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📊

Peak discovery — momentum slowing

23 → 18 → 38 → 20 → 27 new funds/Q
New funds entering each quarter: 18 → 38 → 20 → 27. BWX is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Deep conviction — 66% of holders stayed 2+ years

66% veterans 11% 1-2yr 23% new
Of 154 current holders: 102 (66%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.

Strong quality — 22% AUM from major funds

22% from top-100 AUM funds
17 of 153 holders rank in the top 100 by AUM, accounting for 22% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: BWX

How many hedge funds hold BWX — quarterly history vs. share price
Quarterly hedge fund ownership of BWX vs. share price

Market Analysis: BWX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BWX

-- --
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

10 top-rated funds 3 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
2.4
/ 10
conviction
Hedge Fund Positioning: BWX
2026 Q1 Stats Unlock in 22 days 154 + Investors

Track Smart Money conviction in BWX. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 154 144 6.94%
13F Shares 30M 36M -16.49%
Total Value $677M $833M -18.8%
New Positions 27 20 +7
Increased Positions 58 54 +4
Closed Positions 17 22 -5
Reduced Positions 50 48 +2
Total Calls 1 1 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BWX

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Institutional Holders (2026 Q1)

154 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BWX. Verified SEC 13F-HR filings.

Top 25 institutional holders of BWX — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Upper Left Wealth Management, LLC 4.05% 312,496 $6.9M
2 rebel Financial LLC 2.80% 294,183 $6.5M
3 Baron Financial Group, LLC 1.76% 148,891 $3.3M
4 Walkner Condon Financial Advisors LLC 1.41% 485,825 $10.7M
5 TECTONIC ADVISORS LLC 0.86% 744,825 $16.3M
6 Auour Investments LLC 0.53% 76,679 $1.7M
7 Family CFO Inc 0.36% 36,121 $793K
8 Redhawk Wealth Advisors, Inc. 0.23% 95,377 $2.1M
9 Post Resch Tallon Group Inc. 0.22% 12,163 $268K
10 CAMELOT TECHNOLOGY ADVISORS, INC. 0.19% 11,639 $255K
11 Legacy Wealth Asset Management, LLC 0.18% 33,759 $741K
12 Quent Capital, LLC 0.16% 103,846 $2.3M
13 Comprehensive Money Management Services LLC 0.14% 9,715 $213K
14 4Thought Financial Group Inc. 0.13% 11,678 $256K
15 Tennessee Valley Asset Management Partners 0.11% 39,272 $862K
16 ARWA LLC 0.11% 9,609 $214K
17 ECLECTIC ASSOCIATES INC /ADV 0.10% 33,104 $727K
18 ONE PLUS ONE WEALTH MANAGEMENT, LLC 0.09% 9,334 $205K
19 FIDUCIARY FINANCIAL GROUP, LLC 0.08% 27,638 $607K
20 Realta Investment Advisors 0.08% 10,359 $227K
21 TSG Advice Partners, LLC 0.06% 18,407 $404K
22 FSM Wealth Advisors, LLC 0.04% 14,637 $321K
23 First Heartland Consultants, Inc. 0.04% 22,272 $489K
24 FIFTH THIRD SECURITIES, INC. 0.03% 21,815 $479K
25 Pure Financial Advisors, LLC 0.02% 50,552 $1.1M
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — SPDR SERIES TRUST (BWX)

What does the Smart Money Trend signal show for BWX?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added BWX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for BWX?

Slight buying edge — 56% buying: Last quarter: 84 funds bought or added vs 67 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for BWX holders?

Strong quality — 22% AUM from major funds: 17 of 153 holders rank in the top 100 by AUM, accounting for 22% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held BWX?

58% of holders stayed for 2+ years: 88 out of 153 hedge funds have held BWX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.