Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

SPDR SERIES TRUST (SPBO)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
1Q ▼
Buyers last Q
58%

Smart Money Signals — SPBO

Based on 158 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their SPBO 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 (99% of max)

99% of all-time peak
158 hedge funds hold SPBO 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 — +13% more funds vs a year ago

fund count last 6Q
+18 new funds entered over the past year (+13% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 58% buying

96 buying69 selling
Last quarter: 96 funds bought or added vs 69 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.
➡️

Steady new buyers — ~24 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 29 → 13 → 29 → 24. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

42% of holders stayed for 2+ years

■ 42% conviction (2yr+) ■ 37% medium ■ 22% new
66 out of 158 hedge funds have held SPBO 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.
📈

Growing discovery — still being found

19 → 29 → 13 → 29 → 24 new funds/Q
New funds entering each quarter: 29 → 13 → 29 → 24. A growing number of institutions are discovering SPBO each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 45% of holders stayed 2+ years

■ 45% veterans ■ 24% 1-2yr ■ 31% new
Of 158 current holders: 71 (45%) 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.
✅

Strong quality — 38% AUM from major funds

38% from top-100 AUM funds
17 of 158 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.
3.7
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: SPBO

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

Market Analysis: SPBO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SPBO

-- --

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

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

12 top-rated funds 0 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
1.6
/ 10
conviction
Hedge Fund Positioning: SPBO
2026 Q1 Stats Unlock in 9 days 158 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 158 160 -1.25%
13F Shares 42M 45M -7.58%
Total Value $1.25B $1.36B -8.2%
New Positions 24 30 -6
Increased Positions 72 67 +5
Closed Positions 25 14 +11
Reduced Positions 44 41 +3
Total Calls 2 1 100.0%
Total Puts 0 1 -100.0%
PUT/CALL Ratio 0.0 1.0 Bullish

Statistics: SPBO

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

158 + investors

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

Top 25 institutional holders of SPBO — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Sterling Manor Financial, LLC 12.21% 672,350 $19.5M
2 ARKANSAS FINANCIAL GROUP, INC. 3.56% 877,107 $25.5M
3 Tradewinds Capital Management, LLC 2.89% 502,038 $14.6M
4 Flaharty Asset Management, LLC 2.69% 746,259 $21.7M
5 Procyon Advisors, LLC 2.48% 1,740,756 $50.5M
6 Financial Gravity Asset Management, Inc. 2.28% 442,070 $12.8M
7 ST GERMAIN D J CO INC 2.27% 1,975,748 $57.4M
8 Melone Private Wealth, LLC 1.99% 167,806 $4.9M
9 CX Institutional 1.82% 2,053,033 $60K
10 5th Street Advisors, LLC 1.48% 118,039 $3.4M
11 Gerber Kawasaki Wealth & Investment Management 1.40% 1,513,411 $44.0M
12 North Dakota State Investment Board 1.37% 1,089,068 $31.6M
13 Tidemark, LLC 1.16% 157,503 $4.6M
14 Center For Asset Management LLC 0.83% 57,392 $1.7M
15 Breakwater Capital Group 0.83% 212,279 $6.2M
16 TOUNJIAN ADVISORY PARTNERS, LLC 0.77% 73,430 $2.1M
17 CoreCap Advisors, LLC 0.72% 727,245 $21.1M
18 Geneos Wealth Management Inc. 0.68% 1,014,637 $29.5M
19 David Kennon Inc 0.58% 55,946 $1.6M
20 FLAGSHIP HARBOR ADVISORS, LLC 0.50% 393,741 $11.4M
21 Advisor Resource Council 0.36% 38,030 $1.1M
22 EXCHANGE TRADED CONCEPTS, LLC 0.30% 1,437,482 $41.7M
23 Elevated Capital Advisors, LLC 0.27% 36,880 $1.1M
24 INVENIO WEALTH PARTNERS LLC 0.25% 21,377 $621K
25 APS Management Group, Inc. 0.23% 9,212 $267K
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 (SPBO)

What does the Smart Money Trend signal show for SPBO?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their SPBO 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 SPBO?

Slight buying edge — 58% buying: Last quarter: 96 funds bought or added vs 69 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 SPBO holders?

Strong quality — 38% AUM from major funds: 17 of 158 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 SPBO?

42% of holders stayed for 2+ years: 66 out of 158 hedge funds have held SPBO 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.