Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Spdr Index Shs Fds (SPDW)

1K + Investors. Track Smart Money conviction in SPDW. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +56
Streak
11Q ▲
Buyers last Q
56%

Smart Money Signals — SPDW

Based on 1189 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 SPDW 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
1,189 hedge funds hold SPDW 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
+224 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.
🟡

Slight buying edge — 56% buying

594 buying476 selling
Last quarter: 594 funds bought or added vs 476 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 (-11 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 116 → 97 → 146 → 135. 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.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 23% medium ■ 20% new
682 out of 1,189 hedge funds have held SPDW 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.
💰

Price up while funds trimmed (+8% value, -55% shares)

Value
+7%
Shares
-55%
Last quarter: total value of institutional SPDW holdings rose +8% even though funds reduced share count by 55%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
📈

Growing discovery — still being found

98 → 116 → 97 → 146 → 135 new funds/Q
New funds entering each quarter: 116 → 97 → 146 → 135. A growing number of institutions are discovering SPDW each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 60% veterans vs 26% newcomers

■ 60% veterans ■ 14% 1-2yr ■ 26% new
Entry-cohort mix of 1,190 holders: 709 (60%) are 2+ year veterans, 172 entered 1–2 years ago, and 309 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 39% AUM from major funds

39% from top-100 AUM funds
35 of 1189 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — 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 — SPDW

In 2026 Q1, 594 hedge funds were net buyers of SPDW (135 opened a new position, 459 added to an existing one), while 476 reduced or exited (397 trimmed, 79 sold completely) — a 56% buyer ratio, indicating a slight buying edge. This marks 11 consecutive quarters of net institutional buying — a persistent conviction signal. 39% of total institutional value in SPDW is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +56 funds (more new holders than closures). Total institutional holders: 1189.

Hedge Fund Ownership: SPDW

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

Market Analysis: SPDW

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SPDW

-- --

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

Is It Too Late to Buy Spdr Index Shs Fds (SPDW) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much SPDW has moved relative to its sector benchmark (SPY) since the 2026 Q2 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 June 30, 2026 · 50d ago
SPDW
+1.8%
SPY
-99.6%

SPDW outperformed SPY by +101.4% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 5d ago
SPDW
-1.6%
SPY
-99.6%

Since the filing became public, SPDW outperformed SPY by +98.0% .

Interpretation: The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

19 top-rated funds 96 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
4.0
/ 10
conviction
Hedge Fund Positioning: SPDW
1K + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 1217 1190 2.27%
13F Shares 624M 655M -4.76%
Total Value $30.70B $29.00B 5.84%
New Positions 119 135 -16
Increased Positions 516 461 +55
Closed Positions 90 78 +12
Reduced Positions 406 396 +10
Total Calls 1 1 -
Total Puts 1 0 100%
PUT/CALL Ratio 1.0 0.0 Neutral

Statistics: SPDW

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 Q2)

1K + investors

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

QUARTER:
Top 25 SPDW holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 McNamara Financial Services, Inc. 18.17% 2,090,164 $105.3M
2 Auto-Owners Insurance Co 17.33% 15,230,666 $767.5M
3 Truefg, LLC 16.30% 1,384,914 $69.8M
4 Stadion Money Management, LLC 16.20% 3,730,413 $188.0M
5 Strategies Wealth Advisors, LLC 15.39% 3,413,848 $172.0M
6 Higgins & Schmidt Wealth Strategies LLC 14.16% 681,189 $34.3M
7 Treasure Coast Financial Planning 13.69% 557,080 $28.1M
8 Palatine Hill Wealth Management, LLC 12.74% 313,976 $15.8M
9 Peterson Wealth Advisors, LLC 11.75% 1,973,367 $99.4M
10 Macco Financial Group, Inc. 11.37% 347,222 $17.5M
11 Brighton Securities CORP. 11.17% 516,023 $26.0M
12 JDM Financial Group LLC 11.08% 884,654 $32.5M
13 Landmark Wealth Management, INC. 10.95% 656,630 $33.1M
14 Clear Retirement Advice LLC 10.65% 308,661 $15.6M
15 Auour Investments LLC 10.54% 729,632 $36.8M
16 Fairfield University 10.53% 516,271 $26.0M
17 Xena Financial Planning, LLC 10.18% 210,482 $10.6M
18 Vicus Capital 9.84% 3,023,569 $152.4M
19 Wealth Advisors of Iowa, LLC 9.51% 696,738 $35.1M
20 JNBA Financial Advisors 9.27% 2,430,445 $122.5M
21 Delta Wealth Advisors LLC 9.27% 257,524 $13.0M
22 Strategic Financial Planning, Inc. 9.26% 352,236 $17.7M
23 Financial Planning Fort Collins, LLC 9.06% 238,847 $12.0M
24 Leicht Financial Planning & Wealth Management, Inc. 9.00% 435,860 $22.0M
25 Kagan Cocozza Asset Management 8.85% 280,223 $14.1M
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 Index Shs Fds (SPDW)

What does the Smart Money Trend signal show for SPDW?

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

Slight buying edge — 56% buying: Last quarter: 594 funds bought or added vs 476 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 SPDW holders?

Strong quality — 39% AUM from major funds: 35 of 1189 holders rank in the top 100 by AUM, accounting for 39% 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 SPDW?

57% of holders stayed for 2+ years: 682 out of 1,189 hedge funds have held SPDW 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 (SPDW) following the 2026 Q2 hedge fund 13F filings?

As of today, SPDW has moved -1.6% since the 2026 Q2 13F filing date (August 14, 2026), compared to -99.6% for the SPY sector ETF — an outperformance of +98.0%. Since the quarter end (June 30, 2026), SPDW has gained +1.8% vs -99.6% for SPY. The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors.

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.

Full history →