Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Spdr Index Shs Fds (DWX)

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

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
3Q ▼
Buyers last Q
46%

Smart Money Signals — DWX

Based on 137 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds reduced or closed their DWX positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
137 hedge funds hold DWX 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 — +7% more funds vs a year ago

fund count last 6Q
+9 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 46% buying

56 buying66 selling
Last quarter: 66 funds reduced or exited vs 56 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.
📈

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

new funds entering per quarter
Funds opening a new DWX position: 26 → 12 → 11 → 20. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

72% of holders stayed for 2+ years

72% conviction (2yr+) 10% medium 18% new
99 out of 137 hedge funds have held DWX 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.
📊

Peak discovery — momentum slowing

13 → 26 → 12 → 11 → 20 new funds/Q
New funds entering each quarter: 26 → 12 → 11 → 20. DWX is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 73% veterans vs 17% newcomers

73% veterans 10% 1-2yr 17% new
Entry-cohort mix of 137 holders: 100 (73%) are 2+ year veterans, 14 entered 1–2 years ago, and 23 (17%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 52% AUM from top-100 funds

52% from top-100 AUM funds
18 of 137 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in DWX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — 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 — DWX

In 2026 Q1, 56 hedge funds were net buyers of DWX (20 opened a new position, 36 added to an existing one), while 66 reduced or exited (45 trimmed, 21 sold completely) — a 46% buyer ratio, indicating roughly balanced activity. This extends a 3-quarter selling streak, suggesting sustained institutional caution. 52% of total institutional value in DWX is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 137.

Hedge Fund Ownership: DWX

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

Market Analysis: DWX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DWX

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

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

5 top-rated funds 1 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
1.7
/ 10
conviction
Hedge Fund Positioning: DWX
2026 Q2 Stats Unlock in 3 days 134 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 134 137 -2.19%
13F Shares 6M 6M -7.94%
Total Value $248M $265M -6.54%
New Positions 20 11 +9
Increased Positions 35 49 -14
Closed Positions 23 14 +9
Reduced Positions 44 33 +11
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: DWX

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Institutional Holders (2026 Q2)

134 + investors

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

QUARTER:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 DWX holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Concord Asset Management, LLC/VA 1.79% 251,768 $11.6M
2 Concord Wealth Partners 1.39% 263,359 $12.1M
3 Mount Lucas Management LP 1.11% 67,917 $3.1M
4 Partners Wealth Management, LLC 1.04% 23,104 $1.1M
5 Hyundai Investments Co., Ltd. 0.63% 12,662 $584K
6 Winebrenner Capital Management LLC 0.57% 20,535 $944K
7 Allen Capital Group, LLC 0.52% 138,398 $6.4M
8 Novak & Powell Financial Services, Inc. 0.44% 20,292 $933K
9 AlphaCentric Advisors LLC 0.41% 10,549 $485K
10 Phillip James Consulting Co. 0.35% 11,896 $521K
11 WealthPoint Financial, LLC 0.30% 8,941 $411K
12 Baker Avenue Asset Management, LP 0.22% 255,937 $11.8M
13 Treasure Coast Financial Planning 0.21% 9,225 $424K
14 Dumont & Blake Investment Advisors LLC 0.20% 19,591 $900K
15 Key FInancial Inc 0.18% 24,280 $1.1M
16 Infinity Wealth Counsel, LLC 0.17% 4,500 $207K
17 MB Generational Wealth, LLC 0.16% 6,928 $318K
18 Counterweight Ventures, LLC 0.15% 6,675 $307K
19 Manske Wealth Management 0.15% 13,392 $616K
20 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.15% 221,483 $10.2M
21 KOM Wealth Management Group, LLC 0.14% 4,897 $225K
22 Fairfield Financial Advisors, LTD 0.12% 6,369 $293K
23 Creekside Partners 0.11% 6,703 $308K
24 TMB Capital Partners, LLC 0.11% 7,439 $342K
25 Hardin Capital Partners, LLC 0.10% 4,866 $224K
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 (DWX)

What does the Smart Money Trend signal show for DWX?

Selling streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds reduced or closed their DWX positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for DWX?

More sellers than buyers — 46% buying: Last quarter: 66 funds reduced or exited vs 56 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 DWX holders?

Elite ownership — 52% AUM from top-100 funds: 18 of 137 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in DWX. 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 DWX?

72% of holders stayed for 2+ years: 99 out of 137 hedge funds have held DWX 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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