Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Spdr Series Trust (SHM)

397 + 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
↑ +2
Streak
3Q ▲
Buyers last Q
48%

Smart Money Signals — SHM

Based on 398 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, 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.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
398 hedge funds hold SHM 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.
〰️

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 (+9 funds, +2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 48% buying

166 buying179 selling
Last quarter: 179 funds reduced or exited vs 166 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 — ~34 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 25 → 46 → 37 → 34. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

73% of holders stayed for 2+ years

■ 73% conviction (2yr+) ■ 15% medium ■ 11% new
292 out of 398 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 — ~34 new funds/quarter

31 → 25 → 46 → 37 → 34 new funds/Q
New funds entering each quarter: 25 → 46 → 37 → 34. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 74% veterans vs 15% newcomers

■ 74% veterans ■ 11% 1-2yr ■ 15% new
Entry-cohort mix of 398 holders: 295 (74%) are 2+ year veterans, 45 entered 1–2 years ago, and 58 (15%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 69% AUM from top-100 funds

69% from top-100 AUM funds
26 of 398 holders are among the 100 largest funds by AUM, controlling 69% 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.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — 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 — SHM

In 2026 Q2, 166 hedge funds were net buyers of SHM (34 opened a new position, 132 added to an existing one), while 179 reduced or exited (147 trimmed, 32 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 69% of total institutional value in SHM is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 398.

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

-- --

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

Is It Too Late to Buy Spdr Series Trust (SHM) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much SHM has moved relative to its sector benchmark (SPY) since the 2026 Q2 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 June 30, 2026 · 87d ago
SHM
-2.5%
SPY
+3.1%

SHM outperformed SPY by -5.6% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 42d ago
SHM
-1.8%
SPY
-1.8%

Since the filing became public, SHM outperformed SPY by +0.0% .

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 ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

7 top-rated funds 0 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
1.6
/ 10
conviction
Hedge Fund Positioning: SHM
397 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 397 396 0.25%
13F Shares 64M 63M 0.84%
Total Value $2.98B $2.94B 1.41%
New Positions 34 37 -3
Increased Positions 131 134 -3
Closed Positions 33 34 -1
Reduced Positions 147 142 +5
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: SHM

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Financial Highlights

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Institutional Holders (2026 Q2)

397 + investors

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

QUARTER:
Top 25 SHM holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Quent Capital, LLC 6.77% 2,299,297 $110.3M
2 Alaska Wealth Advisors, LLC 2.56% 492,292 $23.6M
3 Aua Capital Management, LLC 2.23% 100,483 $4.8M
4 Ameraudi Asset Management, Inc. 1.51% 69,577 $3.3M
5 TruNorth Capital Management, LLC 1.46% 189,285 $9.1M
6 Qp Wealth Management, LLC 1.10% 16,117 $773K
7 Royal Harbor Partners, LLC 1.02% 68,644 $3.3M
8 Ackerman Capital Advisors, LLC 0.97% 100,449 $4.8M
9 Paulson Wealth Management Inc. 0.92% 90,179 $4.3M
10 Horizon Family Wealth, Inc. 0.90% 41,058 $2.0M
11 Rare Wolf Capital LLC 0.79% 25,693 $1.2M
12 McNaughton Wealth Management, LLC 0.79% 46,166 $2.2M
13 Veratis Advisors, Inc. 0.76% 22,498 $1.1M
14 Tilson Financial Group, Inc. 0.74% 55,746 $2.7M
15 Leisure Capital Management 0.72% 47,883 $2.3M
16 Gerber Kawasaki Wealth & Investment Management 0.65% 507,618 $24.3M
17 Precision Wealth Strategies, LLC 0.65% 44,926 $2.2M
18 Legacy Solutions, LLC 0.60% 15,334 $736K
19 Chatham Capital Group, INC. 0.58% 95,375 $4.6M
20 Elmwood Wealth Management, Inc. 0.57% 47,159 $2.3M
21 Wealthcare Advisory Partners LLC 0.54% 593,505 $28.5M
22 Strategies Wealth Advisors, LLC 0.51% 117,928 $5.7M
23 Traveka Wealth, LLC 0.50% 31,473 $1.5M
24 Symmetry Partners, LLC 0.49% 199,906 $9.6M
25 Brio Consultants, LLC 0.48% 86,254 $4.1M
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 (SHM)

What does the Smart Money Trend signal show for SHM?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, 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?

More sellers than buyers — 48% buying: Last quarter: 179 funds reduced or exited vs 166 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 SHM holders?

Elite ownership — 69% AUM from top-100 funds: 26 of 398 holders are among the 100 largest funds by AUM, controlling 69% 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: 292 out of 398 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.

Is it too late to buy Spdr Series Trust (SHM) following the 2026 Q2 hedge fund 13F filings?

As of today, SHM has moved -1.8% since the 2026 Q2 13F filing date (August 14, 2026), compared to -1.8% for the SPY sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), SHM has gained -2.5% vs +3.1% 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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