Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

State Str Spdr S&P Midcap 40 (MDY)

1K + Investors. Track Smart Money conviction in MDY. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +26
Streak
3Q ▲
Buyers last Q
42%

Smart Money Signals — MDY

Based on 1447 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added MDY 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
1,447 hedge funds hold MDY 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 — +9% more funds vs a year ago

fund count last 6Q
+119 new funds entered over the past year (+9% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 42% buying

455 buying635 selling
Last quarter: 635 funds reduced or exited vs 455 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.
⚠️

Fewer new buyers each quarter (-36 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 92 → 95 → 160 → 124. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

70% of holders stayed for 2+ years

■ 70% conviction (2yr+) ■ 16% medium ■ 14% new
1,015 out of 1,447 hedge funds have held MDY 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.
🚀

Acceleration phase — new buyers rushing in

85 → 92 → 95 → 160 → 124 new funds/Q
New funds entering each quarter: 92 → 95 → 160 → 124. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 71% veterans vs 17% newcomers

■ 71% veterans ■ 12% 1-2yr ■ 17% new
Entry-cohort mix of 1,460 holders: 1,037 (71%) are 2+ year veterans, 179 entered 1–2 years ago, and 244 (17%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 48% AUM from top-100 funds

48% from top-100 AUM funds
34 of 1442 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in MDY. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — 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 — MDY

In 2026 Q1, 455 hedge funds were net buyers of MDY (124 opened a new position, 331 added to an existing one), while 635 reduced or exited (537 trimmed, 98 sold completely) — a 42% buyer ratio, indicating roughly balanced activity. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 48% of total institutional value in MDY is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +26 funds (more new holders than closures). Total institutional holders: 1447.

Hedge Fund Ownership: MDY

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

Market Analysis: MDY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: MDY

-- --

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

Is It Too Late to Buy State Str Spdr S&P Midcap 40 (MDY) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much MDY has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
MDY
+13.3%
SPY
+15.9%

MDY outperformed SPY by -2.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
MDY
+6.0%
SPY
+2.0%

Since the filing became public, MDY outperformed SPY by +4.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

45 top-rated funds 28 high-conviction
Consensus
7.2
/ 10
breadth
×
Elite
5.5
/ 10
conviction
Hedge Fund Positioning: MDY
1K + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 1428 1421 0.49%
13F Shares 26M 26M -1.87%
Total Value $15.75B $15.70B 0.38%
New Positions 116 160 -44
Increased Positions 322 347 -25
Closed Positions 109 80 +29
Reduced Positions 530 492 +38
Total Calls 7 7 -
Total Puts 10 8 25.0%
PUT/CALL Ratio 1.43 1.14 Bearish

Statistics: MDY

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

1K + investors

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

QUARTER:
Top 25 MDY holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 LCM Capital Management Inc 13.53% 43,713 $27.0M
2 Conservest Capital Advisors, Inc. 11.84% 211,706 $130.6M
3 Nitorum Capital, L.P. 11.49% 21,216 $13.1M
4 Tandem Wealth Advisors LLC 11.18% 40,661 $25.1M
5 Cumberland Advisors Inc 10.82% 44,807 $27.6M
6 OFS Enterprise LLC 10.17% 56,110 $34.6M
7 Torrey-Payne Wealth Management, LLC 8.96% 15,836 $9.8M
8 Arvest Bank Trust Division 7.63% 227,616 $140.4M
9 Hummer Financial Advisory Services Inc 7.51% 17,189 $10.6M
10 DC Investments Management, LLC 7.24% 30,673 $18.9M
11 Tiller Private Wealth, Inc. 7.14% 32,568 $20.1M
12 Corsicana & Co. 6.47% 19,154 $10.2M
13 Granite FO LLC 6.22% 17,037 $10.5M
14 Alexis Investment Partners, LLC 5.84% 14,164 $8.5M
15 Waddell & Associates, LLC 5.34% 153,603 $94.7M
16 Wilmar Advisors LLC 5.33% 10,000 $6.2M
17 Madison Park Capital Advisors, LLC 5.11% 10,551 $6.5M
18 Winter & Associates, Inc. 4.95% 9,050 $5.7M
19 IFG Advisors, LLC 4.47% 44,274 $27.3M
20 Paller Financial Services Inc 4.42% 8,671 $5.3M
21 Portland Global Advisors LLC 4.30% 65,441 $40.4M
22 Hopwood Financial Services, Inc. 4.21% 10,138 $6.3M
23 jvl associates llc 4.07% 19,689 $12.1M
24 Montz Harcus Wealth Management LLC 4.00% 16,071 $9.9M
25 Newport Capital Group, LLC 3.97% 10,556 $6.5M
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 — State Str Spdr S&P Midcap 40 (MDY)

What does the Smart Money Trend signal show for MDY?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added MDY 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 MDY?

More sellers than buyers — 42% buying: Last quarter: 635 funds reduced or exited vs 455 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 MDY holders?

Elite ownership — 48% AUM from top-100 funds: 34 of 1442 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in MDY. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held MDY?

70% of holders stayed for 2+ years: 1,015 out of 1,447 hedge funds have held MDY 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.

Is it too late to buy State Str Spdr S&P Midcap 40 (MDY) following the 2026 Q1 hedge fund 13F filings?

As of today, MDY has moved +6.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of +4.0%. Since the quarter end (March 31, 2026), MDY has gained +13.3% vs +15.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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