Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Spdr Series Trust (BWX)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +1
Streak
1Q ▲
Buyers last Q
48%

Smart Money Signals — BWX

Based on 159 hedge funds · latest filing: 2026 Q2 · 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
159 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.
📶

Steady growth — +5% more funds vs a year ago

fund count last 6Q
+8 new funds entered over the past year (+5% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 48% buying

77 buying82 selling
Last quarter: 82 funds reduced or exited vs 77 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~26 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 21 → 28 → 26 → 26. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 22% medium ■ 18% new
96 out of 159 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.
➡️

Steady discovery — ~26 new funds/quarter

40 → 21 → 28 → 26 → 26 new funds/Q
New funds entering each quarter: 21 → 28 → 26 → 26. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 72% veterans vs 18% newcomers

■ 72% veterans ■ 9% 1-2yr ■ 18% new
Entry-cohort mix of 159 holders: 115 (72%) are 2+ year veterans, 15 entered 1–2 years ago, and 29 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 31% AUM from major funds

31% from top-100 AUM funds
24 of 159 holders rank in the top 100 by AUM, accounting for 31% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — 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.

Institutional Sentiment Summary — BWX

In 2026 Q2, 77 hedge funds were net buyers of BWX (26 opened a new position, 51 added to an existing one), while 82 reduced or exited (57 trimmed, 25 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. 31% of total institutional value in BWX is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +1 funds (more new holders than closures). Total institutional holders: 159.

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

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
1.6
/ 10
conviction
Hedge Fund Positioning: BWX
158 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 158 158 -
13F Shares 32M 39M -17.31%
Total Value $697M $856M -18.53%
New Positions 25 26 -1
Increased Positions 51 56 -5
Closed Positions 25 25 -
Reduced Positions 57 56 +1
Total Calls 0 1 -100.0%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BWX

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Institutional Holders (2026 Q2)

158 + investors

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

QUARTER:
Top 25 BWX holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Cerity Partners OCIO LLC 8.57% 7,812,961 $169.4M
2 Upper Left Wealth Management, LLC 3.68% 306,718 $6.6M
3 Gould Asset Management LLC /Ca/ 2.58% 755,142 $16.4M
4 Net Worth Advisory Group 2.10% 384,335 $8.3M
5 Baron Financial Group, LLC 1.70% 164,521 $3.6M
6 CFG Wealth Management Services, Inc. 1.58% 74,567 $1.7M
7 Checchi Capital Advisers, LLC 1.41% 1,446,266 $31.4M
8 Ackerman Capital Advisors, LLC 1.40% 320,396 $6.9M
9 Walkner Condon Financial Advisors LLC 1.23% 494,885 $10.7M
10 Leuthold Group, LLC 1.16% 531,295 $11.5M
11 Tectonic Advisors LLC 0.78% 744,825 $16.1M
12 Auour Investments LLC 0.50% 79,757 $1.7M
13 NewSquare Capital LLC 0.38% 235,237 $5.1M
14 OceanIQ Capital, LLC 0.34% 25,600 $559K
15 Ci Investments INC. 0.31% 4,435,253 $96.2M
16 Family CFO Inc 0.30% 35,835 $777K
17 Redhawk Wealth Advisors, Inc. 0.24% 113,499 $2.5M
18 Risk Paradigm Group, LLC 0.20% 11,569 $251K
19 Post Resch Tallon Group Inc. 0.18% 11,943 $259K
20 Camelot Technology Advisors, INC. 0.17% 11,676 $253K
21 Legacy Wealth Asset Management, LLC 0.17% 35,211 $763K
22 Comprehensive Money Management Services LLC 0.17% 12,225 $265K
23 Quent Capital, LLC 0.14% 102,400 $2.2M
24 Main Street Financial Solutions, LLC 0.12% 77,228 $1.7M
25 4Thought Financial Group Inc. 0.12% 12,099 $262K
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?

More sellers than buyers — 48% buying: Last quarter: 82 funds reduced or exited vs 77 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for BWX holders?

Strong quality — 31% AUM from major funds: 24 of 159 holders rank in the top 100 by AUM, accounting for 31% 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?

60% of holders stayed for 2+ years: 96 out of 159 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.

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