Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

SPDR SERIES TRUST (SPHY)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +45
Streak
2Q ▲
Buyers last Q
65%

Smart Money Signals — SPHY

Based on 490 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added SPHY 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
490 hedge funds hold SPHY 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.
🚀

Fast accumulation — +23% more funds vs a year ago

fund count last 6Q
+91 new funds entered over the past year (+23% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 65% buying

318 buying173 selling
Last quarter: 318 funds were net buyers (82 opened a brand new position + 236 added to an existing one). Only 173 were sellers (136 trimmed + 37 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+15 vs last Q)

new funds entering per quarter
Funds opening a new SPHY position: 66 → 55 → 67 → 82. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
📌

Mixed — 39% long-term, 25% new

■ 39% conviction (2yr+) ■ 36% medium ■ 25% new
Of the 490 current holders: 193 (39%) held >2 years, 174 held 1–2 years, and 123 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
📈

Growing discovery — still being found

89 → 66 → 55 → 67 → 82 new funds/Q
New funds entering each quarter: 66 → 55 → 67 → 82. A growing number of institutions are discovering SPHY each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
📊

Mixed cohorts — 36% veterans, 36% new entrants

■ 36% veterans ■ 28% 1-2yr ■ 36% new
Of 490 current holders: 176 (36%) held 2+ years, 136 held 1–2 years, 178 (36%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
✅

Strong quality — 38% AUM from major funds

38% from top-100 AUM funds
24 of 490 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
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.

Hedge Fund Ownership: SPHY

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

Market Analysis: SPHY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SPHY

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

No strong consensus or elite conviction detected among institutional holders.

28 top-rated funds 11 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
3.7
/ 10
conviction
Hedge Fund Positioning: SPHY
2026 Q1 Stats Unlock in 17 days 490 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 490 446 9.87%
13F Shares 284M 273M 3.9%
Total Value $6.19B $5.82B 6.4%
New Positions 82 67 +15
Increased Positions 236 238 -2
Closed Positions 38 39 -1
Reduced Positions 136 105 +31
Total Calls 0 1 -100.0%
Total Puts 0 1 -100.0%
PUT/CALL Ratio 0.0 1.0 Bullish

Statistics: SPHY

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
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) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

490 + investors

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

Top 25 institutional holders of SPHY — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 CORNERSTONE ENTERPRISES, LLC 19.18% 1,653,907 $38.6M
2 CHRISTINE MESSMER PC 11.17% 749,153 $17.5M
3 ACUTE INVESTMENT ADVISORY, LLC 9.40% 35,900 $837K
4 Asset Allocation & Management Company, LLC 6.96% 804,501 $19K
5 Financial Futures Ltd Liability Co. 6.63% 646,986 $15.1M
6 Pinnacle Wealth Management, LLC 6.00% 381,762 $8.9M
7 Iowa State Bank 5.98% 1,392,819 $32.5M
8 RFG HOLDINGS, INC. 5.74% 977,503 $22.8M
9 SAM Advisors, LLC 5.22% 714,646 $16.7M
10 HORIZON FINANCIAL SERVICES, LLC 5.06% 491,188 $11.5M
11 Carolina Wealth Advisors, LLC 4.03% 415,461 $9.7M
12 Strategic Financial Group, LLC 3.90% 162,330 $3.8M
13 VERUS WEALTH MANAGEMENT, LLC 3.67% 169,534 $4.0M
14 FINANCIAL ADVISORY PARTNERS, LLC 2.95% 446,622 $10.4M
15 FINANCIAL LIFE ADVISORS 2.63% 361,443 $8.4M
16 K2 Financial Inc. 2.43% 141,811 $3.3M
17 Marmo Financial Group, LLC 2.43% 210,426 $4.9M
18 Atlas Private Wealth Advisors 2.31% 421,456 $9.8M
19 Michels Family Financial, LLC 2.27% 134,784 $3.1M
20 Kohmann Bosshard Financial Services, LLC 2.13% 1,081,114 $25.2M
21 Elm3 Financial Group, LLC 2.05% 103,826 $2.4M
22 Meriwether Wealth & Planning, LLC 1.95% 152,560 $3.6M
23 Curran Financial Partners, LLC 1.89% 453,267 $10.6M
24 HF Advisory Group, LLC 1.82% 229,199 $5.3M
25 TSG Advice Partners, LLC 1.76% 503,965 $11.8M
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 (SPHY)

What does the Smart Money Trend signal show for SPHY?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added SPHY 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 SPHY?

More buyers than sellers — 65% buying: Last quarter: 318 funds were net buyers (82 opened a brand new position + 236 added to an existing one). Only 173 were sellers (136 trimmed + 37 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for SPHY holders?

Strong quality — 38% AUM from major funds: 24 of 490 holders rank in the top 100 by AUM, accounting for 38% 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 SPHY?

Mixed — 39% long-term, 25% new: Of the 490 current holders: 193 (39%) held >2 years, 174 held 1–2 years, and 123 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

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.