Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

SPDR INDEX SHS FDS (SPDW)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +75
Streak
11Q ▲
Buyers last Q
63%

Smart Money Signals — SPDW

Based on 1056 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added SPDW 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
1,056 hedge funds hold SPDW 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 — +18% more funds vs a year ago

fund count last 6Q
+164 new funds entered over the past year (+18% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 63% buying

604 buying361 selling
Last quarter: 604 funds were net buyers (132 opened a brand new position + 472 added to an existing one). Only 361 were sellers (304 trimmed + 57 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+48 vs last Q)

new funds entering per quarter
Funds opening a new SPDW position: 85 → 103 → 84 → 132. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 21% medium ■ 18% new
638 out of 1,056 hedge funds have held SPDW 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.
💎

Buying through price weakness — shares +160%, value +11%

Value
+11%
Shares
+160%
Last quarter: funds added +160% more shares while total portfolio value only changed +11%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

117 → 85 → 103 → 84 → 132 new funds/Q
New funds entering each quarter: 85 → 103 → 84 → 132. A growing number of institutions are discovering SPDW each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 59% of holders stayed 2+ years

■ 59% veterans ■ 15% 1-2yr ■ 26% new
Of 1,056 current holders: 627 (59%) 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.
📋

Smaller funds dominant — 16% AUM from top-100

16% from top-100 AUM funds
25 of 1056 holders rank in the top 100 by AUM, but together hold only 16% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — 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: SPDW

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

Market Analysis: SPDW

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SPDW

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

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

47 top-rated funds 74 high-conviction
Consensus
7.3
/ 10
breadth
×
Elite
4.0
/ 10
conviction
Hedge Fund Positioning: SPDW
2026 Q1 Stats Unlock in 22 days 1K + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 1056 982 7.54%
13F Shares 1.45B 559M 159.95%
Total Value $26.67B $23.92B 11.49%
New Positions 132 84 +48
Increased Positions 472 406 +66
Closed Positions 57 70 -13
Reduced Positions 304 322 -18
Total Calls 0 1 -100.0%
Total Puts 0 1 -100.0%
PUT/CALL Ratio 0.0 1.0 Bullish

Statistics: SPDW

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Valuation Measures Data as of: --

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Enterprise Value --
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Forward P/E --
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)

1K + investors

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

Top 25 institutional holders of SPDW — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 TTP Investments, Inc. 21.26% 1,117,102 $51.0M
2 Auto-Owners Insurance Co 18.77% 19,637,666 $896.5M
3 McNamara Financial Services, Inc. 18.11% 2,096,149 $95.7M
4 TRUEFG, LLC 16.68% 1,378,289 $62.9M
5 Higgins & Schmidt Wealth Strategies LLC 14.04% 673,462 $30.7M
6 LANDMARK WEALTH MANAGEMENT, INC. 12.42% 721,334 $32.9M
7 Peterson Wealth Advisors, LLC 11.42% 1,880,432 $85.8M
8 Macco Financial Group, Inc. 11.02% 318,789 $14.6M
9 Xena Financial Planning, LLC 10.70% 207,551 $9.5M
10 Auour Investments LLC 10.54% 733,723 $33.5M
11 Clear Retirement Advice LLC 10.08% 281,259 $12.8M
12 VICUS CAPITAL 9.65% 2,876,162 $131.3M
13 JNBA Financial Advisors 9.53% 2,506,993 $114.4M
14 Financial Planning Fort Collins, LLC 9.30% 255,858 $12.4M
15 NOVUS ADVISORS, LLC 8.84% 86,600 $4.0M
16 Kagan Cocozza Asset Management 8.42% 262,191 $12.0M
17 Delta Wealth Advisors LLC 8.30% 239,035 $10.9M
18 LEGACY SOLUTIONS, LLC 8.27% 195,441 $8.9M
19 Values Added Financial LLC 8.23% 428,469 $19.6M
20 Marathon Strategic Advisors, LLC 8.02% 244,233 $11.1M
21 Walkner Condon Financial Advisors LLC 7.61% 1,264,278 $57.7M
22 Flagstone Financial Management 7.38% 651,133 $29.7M
23 Partnership Wealth Management, LLC 7.34% 210,834 $9.6M
24 QP WEALTH MANAGEMENT, LLC 7.30% 93,281 $4.3M
25 Boston Standard Wealth Management, LLC 7.29% 959,770 $44.5M
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 — SPDR INDEX SHS FDS (SPDW)

What does the Smart Money Trend signal show for SPDW?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added SPDW 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 SPDW?

More buyers than sellers — 63% buying: Last quarter: 604 funds were net buyers (132 opened a brand new position + 472 added to an existing one). Only 361 were sellers (304 trimmed + 57 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for SPDW holders?

Smaller funds dominant — 16% AUM from top-100: 25 of 1056 holders rank in the top 100 by AUM, but together hold only 16% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held SPDW?

60% of holders stayed for 2+ years: 638 out of 1,056 hedge funds have held SPDW 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.