Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Spdr Series Trust (SPHY)

554 + 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
↑ +36
Streak
1Q ▲
Buyers last Q
70%

Smart Money Signals — SPHY

Based on 559 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, 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
559 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 — +25% more funds vs a year ago

fund count last 6Q
+113 new funds entered over the past year (+25% 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 — 70% buying

388 buying166 selling
Last quarter: 388 funds were net buyers (82 opened a brand new position + 306 added to an existing one). Only 166 were sellers (120 trimmed + 46 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+9 vs last Q)

new funds entering per quarter
Funds opening a new SPHY position: 73 → 92 → 73 → 82. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

44% of holders stayed for 2+ years

■ 44% conviction (2yr+) ■ 31% medium ■ 25% new
244 out of 559 hedge funds have held SPHY 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 — ~82 new funds/quarter

65 → 73 → 92 → 73 → 82 new funds/Q
New funds entering each quarter: 73 → 92 → 73 → 82. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 46% veterans vs 32% newcomers

■ 46% veterans ■ 22% 1-2yr ■ 32% new
Entry-cohort mix of 559 holders: 259 (46%) are 2+ year veterans, 122 entered 1–2 years ago, and 178 (32%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 37% AUM from major funds

37% from top-100 AUM funds
34 of 557 holders rank in the top 100 by AUM, accounting for 37% 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.

Institutional Sentiment Summary — SPHY

In 2026 Q2, 388 hedge funds were net buyers of SPHY (82 opened a new position, 306 added to an existing one), while 166 reduced or exited (120 trimmed, 46 sold completely) — a 70% buyer ratio, indicating clear institutional accumulation. 37% of total institutional value in SPHY is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +36 funds (more new holders than closures). Total institutional holders: 559.

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

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

13 top-rated funds 17 high-conviction
Consensus
5.0
/ 10
breadth
×
Elite
3.7
/ 10
conviction
Hedge Fund Positioning: SPHY
554 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 554 523 5.93%
13F Shares 319M 273M 17.21%
Total Value $6.59B $5.52B 19.33%
New Positions 81 73 +8
Increased Positions 304 256 +48
Closed Positions 48 75 -27
Reduced Positions 120 144 -24
Total Calls 1 0 100%
Total Puts 1 1 -
PUT/CALL Ratio 1.0 0.0 Neutral

Statistics: SPHY

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Institutional Holders (2026 Q2)

554 + investors

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

QUARTER:
Top 25 SPHY holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Cornerstone Enterprises, LLC 17.57% 1,643,374 $38.5M
2 CNO Financial Group, Inc. 17.16% 1,279,000 $30.0M
3 Christine Messmer Pc 10.31% 780,662 $18.3M
4 Acute Investment Advisory, LLC 8.62% 34,791 $816K
5 Donoghue Forlines LLC 8.35% 1,377,655 $32.3M
6 S&A Financial Services, Inc. 6.92% 483,315 $11.3M
7 Ocean Park Asset Management, LLC 6.86% 6,080,823 $142.5M
8 Toews Corp /Adv 6.60% 1,932,100 $45.3M
9 Retiremitten Financial LLC 6.35% 642,152 $15.1M
10 Financial Futures Ltd Liability Co. 6.08% 681,170 $16.0M
11 Iowa State Bank 5.62% 1,435,573 $33.6M
12 Pinnacle Wealth Management, LLC 5.47% 376,967 $8.8M
13 Rfg Holdings, INC. 5.00% 1,016,827 $23.8M
14 SAM Advisors, LLC 4.77% 746,103 $17.5M
15 Horizon Financial Services, LLC 4.58% 509,747 $11.9M
16 5th Street Advisors, LLC 4.42% 495,546 $11.6M
17 Kensington Asset Management, LLC 4.41% 3,453,978 $81.0M
18 Elo Mutual Pension Insurance Co 4.31% 14,297,990 $335.1M
19 Carolina Wealth Advisors, LLC 3.88% 422,552 $9.9M
20 Strategic Financial Group, LLC 3.69% 164,163 $3.8M
21 Quartz Partners, LLC 3.59% 467,208 $11.0M
22 Verus Wealth Management, LLC 3.51% 181,764 $4.3M
23 Keeler Thomas Management LLC 3.31% 398,471 $9.3M
24 Hilltop Partners LLC 3.16% 555,583 $13.0M
25 Financial Advisory Partners, LLC 2.90% 473,062 $11.1M
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 (SPHY)

What does the Smart Money Trend signal show for SPHY?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, 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 — 70% buying: Last quarter: 388 funds were net buyers (82 opened a brand new position + 306 added to an existing one). Only 166 were sellers (120 trimmed + 46 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for SPHY holders?

Strong quality — 37% AUM from major funds: 34 of 557 holders rank in the top 100 by AUM, accounting for 37% 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?

44% of holders stayed for 2+ years: 244 out of 559 hedge funds have held SPHY 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.

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