Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

SPDR SERIES TRUST (SHM)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +10
Streak
1Q ▲
Buyers last Q
51%

Smart Money Signals — SHM

Based on 364 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 SHM 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.
📊

High ownership — 93% of 3.0Y peak

93% of all-time peak
364 funds currently hold this stock — 93% of the 3.0-year high of 393 funds (reached 2024 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding SHM is almost the same as a year ago (-13 funds, -3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 51% buying

166 buying160 selling
Last quarter: 166 funds bought or added vs 160 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 (+20 vs last Q)

new funds entering per quarter
Funds opening a new SHM position: 35 → 27 → 21 → 41. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

73% of holders stayed for 2+ years

■ 73% conviction (2yr+) ■ 16% medium ■ 11% new
265 out of 364 hedge funds have held SHM 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 — ~41 new funds/quarter

42 → 35 → 27 → 21 → 41 new funds/Q
New funds entering each quarter: 35 → 27 → 21 → 41. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 70% of holders stayed 2+ years

■ 70% veterans ■ 14% 1-2yr ■ 16% new
Of 364 current holders: 255 (70%) 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.
🏆

Elite ownership — 60% AUM from top-100 funds

60% from top-100 AUM funds
17 of 364 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in SHM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.9
out of 10
Low Exit Risk
Exit risk score 2.9/10 — 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.

Hedge Fund Ownership: SHM

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

Market Analysis: SHM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SHM

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

No strong consensus or elite conviction detected among institutional holders.

17 top-rated funds 1 high-conviction
Consensus
5.5
/ 10
breadth
×
Elite
2.3
/ 10
conviction
Hedge Fund Positioning: SHM
2026 Q1 Stats Unlock in 20 days 364 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 364 354 2.82%
13F Shares 59M 64M -8.01%
Total Value $2.83B $3.09B -8.47%
New Positions 41 21 +20
Increased Positions 125 120 +5
Closed Positions 31 30 +1
Reduced Positions 129 134 -5
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: SHM

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

364 + investors

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

Top 25 institutional holders of SHM — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Quent Capital, LLC 7.33% 2,160,790 $103.4M
2 Alaska Wealth Advisors, LLC 2.68% 467,214 $22.3M
3 AUA CAPITAL MANAGEMENT, LLC 2.46% 100,521 $4.8M
4 CX Institutional 1.62% 1,112,845 $53K
5 TruNorth Capital Management, LLC 1.62% 176,972 $8.5M
6 QP WEALTH MANAGEMENT, LLC 1.24% 15,127 $724K
7 McNaughton Wealth Management, LLC 0.95% 47,830 $2.3M
8 Tilson Financial Group, Inc. 0.81% 56,194 $2.7M
9 FORONJY FINANCIAL LLC 0.80% 40,317 $1.9M
10 SYKON CAPITAL LLC 0.72% 45,141 $2.2M
11 Traveka Wealth, LLC 0.68% 36,975 $1.8M
12 LEGACY SOLUTIONS, LLC 0.67% 15,054 $720K
13 CHATHAM CAPITAL GROUP, INC. 0.67% 95,875 $4.6M
14 ORBA Wealth Advisors, L.L.C. 0.59% 10,392 $497K
15 Detalus Advisors, LLC 0.58% 52,721 $2.5M
16 Wealthcare Advisory Partners LLC 0.56% 600,611 $28.7M
17 Elmwood Wealth Management, Inc. 0.53% 39,766 $1.9M
18 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.52% 744,272 $35.6M
19 Symmetry Partners, LLC 0.51% 187,965 $9.0M
20 Friedenthal Financial 0.46% 19,154 $916K
21 FC Advisory LLC 0.45% 32,395 $1.5M
22 JUNCTURE WEALTH STRATEGIES, LLC 0.40% 25,208 $1.2M
23 APS Management Group, Inc. 0.40% 9,728 $465K
24 Transcendent Capital Group LLC 0.39% 18,115 $866K
25 JAMES INVESTMENT RESEARCH, INC. 0.38% 69,944 $3.3M
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 (SHM)

What does the Smart Money Trend signal show for SHM?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added SHM 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 SHM?

Slight buying edge — 51% buying: Last quarter: 166 funds bought or added vs 160 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 SHM holders?

Elite ownership — 60% AUM from top-100 funds: 17 of 364 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in SHM. 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 SHM?

73% of holders stayed for 2+ years: 265 out of 364 hedge funds have held SHM 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.