Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

SPDR INDEX SHS FDS (CWI)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +6
Streak
11Q ▲
Buyers last Q
55%

Smart Money Signals — CWI

Based on 265 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added CWI 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
265 hedge funds hold CWI 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 — +20% more funds vs a year ago

fund count last 6Q
+44 new funds entered over the past year (+20% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 55% buying

108 buying87 selling
Last quarter: 108 funds bought or added vs 87 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.
⚠️

Fewer new buyers each quarter (-15 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 31 → 23 → 37 → 22. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 23% medium ■ 15% new
164 out of 265 hedge funds have held CWI 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 — ~22 new funds/quarter

24 → 31 → 23 → 37 → 22 new funds/Q
New funds entering each quarter: 31 → 23 → 37 → 22. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 65% of holders stayed 2+ years

■ 65% veterans ■ 15% 1-2yr ■ 20% new
Of 265 current holders: 171 (65%) 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 — 43% AUM from top-100 funds

43% from top-100 AUM funds
22 of 265 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in CWI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — 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 — CWI

In 2026 Q1, 108 hedge funds were net buyers of CWI (22 opened a new position, 86 added to an existing one), while 87 reduced or exited (71 trimmed, 16 sold completely) — a 55% buyer ratio, indicating a slight buying edge. This marks 11 consecutive quarters of net institutional buying — a persistent conviction signal. 43% of total institutional value in CWI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +6 funds (more new holders than closures). Total institutional holders: 265.

Hedge Fund Ownership: CWI

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

Market Analysis: CWI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CWI

-- --

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

Is It Too Late to Buy SPDR INDEX SHS FDS (CWI) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CWI has moved relative to its sector benchmark (SPY) since the 2026 Q1 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 March 31, 2026 · 52d ago
CWI
+12.6%
SPY
+14.0%

CWI outperformed SPY by -1.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 7d ago
CWI
+2.0%
SPY
+0.3%

Since the filing became public, CWI outperformed SPY by +1.7% .

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.

8 top-rated funds 5 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
3.4
/ 10
conviction
Hedge Fund Positioning: CWI
265 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 265 259 2.32%
13F Shares 55M 53M 4.22%
Total Value $1.97B $1.88B 4.38%
New Positions 22 37 -15
Increased Positions 86 89 -3
Closed Positions 16 18 -2
Reduced Positions 71 71 -
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: CWI

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Financial Highlights

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Institutional Holders (2026 Q1)

265 + investors

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

QUARTER:
Top 25 institutional holders of CWI — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Portus Wealth Advisors, LLC 9.64% 279,845 $10.2M
2 ARCADIA INVESTMENT ADVISORS LLC 5.37% 311,018 $11.4M
3 HENGEHOLD CAPITAL MANAGEMENT LLC 3.80% 1,188,068 $43.5M
4 Pitcairn Wealth Advisors LLC 3.33% 1,006,609 $36.2M
5 Friday Financial 3.31% 262,616 $9.6M
6 LODESTAR PRIVATE ASSET MANAGEMENT LLC 3.09% 856,984 $31.4M
7 Atlas Private Wealth Advisors 2.77% 321,018 $11.7M
8 Sterling Group Wealth Management, LLC 2.70% 155,882 $5.7M
9 CWC Advisors, LLC. 2.41% 138,560 $5.1M
10 Stonebrook Private Inc. 2.41% 308,960 $11.3M
11 Avantax Planning Partners, Inc. 2.31% 2,300,372 $84.2M
12 Courage Miller Partners, LLC 1.95% 188,650 $6.9M
13 GLOBALT Investments LLC / GA 1.93% 1,476,355 $54.0M
14 PITCAIRN CO 1.91% 692,048 $24.2M
15 TIEMANN INVESTMENT ADVISORS, LLC 1.55% 108,311 $4.0M
16 Cerity Partners Retirement Plan Advisors LLC 1.29% 70,205 $2.5M
17 Jacobi Capital Management LLC 1.26% 617,366 $22.6M
18 Opal Wealth Advisors, LLC 1.23% 148,135 $5.4M
19 IAG Wealth Partners, LLC 1.14% 280,068 $10.2M
20 Brady Martz Wealth Solutions, LLC 1.11% 178,309 $6.5M
21 Financially in Tune, LLC 0.96% 30,495 $1.1M
22 Merit Financial Group, LLC 0.95% 3,488,600 $127.6M
23 Laraway Financial Advisors Inc 0.95% 36,847 $1.3M
24 TOBIAS FINANCIAL ADVISORS, INC. 0.93% 183,477 $6.7M
25 CVFG LLC 0.79% 173,756 $6.4M
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 (CWI)

What does the Smart Money Trend signal show for CWI?

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

Slight buying edge — 55% buying: Last quarter: 108 funds bought or added vs 87 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 CWI holders?

Elite ownership — 43% AUM from top-100 funds: 22 of 265 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in CWI. 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 CWI?

62% of holders stayed for 2+ years: 164 out of 265 hedge funds have held CWI 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 INDEX SHS FDS (CWI) following the 2026 Q1 hedge fund 13F filings?

As of today, CWI has moved +2.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of +1.7%. Since the quarter end (March 31, 2026), CWI has gained +12.6% vs +14.0% 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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