Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

STATE STREET SPDR PORTFOLIO TREASURY ETF (SPTB)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +5
Streak
6Q ▲
Buyers last Q
79%

Smart Money Signals — SPTB

Based on 29 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 6 quarters in a row

last 6Q
For 6 consecutive quarters, more hedge funds added SPTB 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
29 hedge funds hold SPTB right now — the highest count in 1.8 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 — +81% more funds vs a year ago

fund count last 6Q
+13 new funds entered over the past year (+81% 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 — 79% buying

22 buying6 selling
Last quarter: 22 funds were net buyers (7 opened a brand new position + 15 added to an existing one). Only 6 were sellers (4 trimmed + 2 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~7 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 5 → 5 → 6 → 7. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 45% entered in last year

■ 0% conviction (2yr+) ■ 55% medium ■ 45% new
Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
➡️

Steady discovery — ~7 new funds/quarter

11 → 5 → 5 → 6 → 7 new funds/Q
New funds entering each quarter: 5 → 5 → 6 → 7. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 86% of holders entered in last year

■ 0% veterans ■ 14% 1-2yr ■ 86% new
Of 29 current holders: 25 (86%) entered in the past year, only 0 (0%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
✅

Strong quality — 32% AUM from major funds

32% from top-100 AUM funds
3 of 29 holders rank in the top 100 by AUM, accounting for 32% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.9
out of 10
Moderate Exit Risk
Exit risk score 4.9/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — SPTB

In 2025 Q4, 22 hedge funds were net buyers of SPTB (7 opened a new position, 15 added to an existing one), while 6 reduced or exited (4 trimmed, 2 sold completely) — a 79% buyer ratio, indicating clear institutional accumulation. This marks 6 consecutive quarters of net institutional buying — a persistent conviction signal. 32% of total institutional value in SPTB is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +5 funds (more new holders than closures). Total institutional holders: 29.

Hedge Fund Ownership: SPTB

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

Market Analysis: SPTB

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SPTB

-- --

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.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.9
/ 10
conviction
Hedge Fund Positioning: SPTB
2026 Q1 Stats Unlock in 7 days 29 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 29 24 20.83%
13F Shares 5M 3M 57.68%
Total Value $140M $90M 56.68%
New Positions 7 6 +1
Increased Positions 15 6 +9
Closed Positions 2 4 -2
Reduced Positions 4 9 -5
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: SPTB

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 Q1)

29 + investors

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

Top 21 institutional holders of SPTB — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 INTEGRATED CAPITAL MANAGEMENT, INC. 4.37% 217,248 $6.6M
2 Nova R Wealth, Inc. 1.08% 111,867 $3.4M
3 PAYDEN & RYGEL 0.61% 261,000 $8K
4 ST GERMAIN D J CO INC 0.57% 472,919 $14.3M
5 Schwallier Wealth Management LLC 0.45% 20,493 $620K
6 PARK AVENUE SECURITIES LLC 0.23% 985,672 $30K
7 KESTRA PRIVATE WEALTH SERVICES, LLC 0.04% 105,920 $3.2M
8 Simplicity Wealth,LLC 0.03% 14,831 $449K
9 ENVESTNET ASSET MANAGEMENT INC 0.01% 1,464,939 $44.3M
10 MML INVESTORS SERVICES, LLC 0.01% 63,990 $1.9M
11 TRUIST FINANCIAL CORP 0.01% 125,579 $3.8M
12 LPL Financial LLC 0.00% 560,006 $16.9M
13 Nova Wealth Management, Inc. 0.00% 192 $6K
14 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% 620 $19K
15 Cambridge Investment Research Advisors, Inc. 0.00% 13,272 —
16 CoreCap Advisors, LLC 0.00% 599 $18K
17 PRIVATE TRUST CO NA 0.00% 68 $2K
18 JANE STREET GROUP, LLC 0.00% 35,128 $1.1M
19 Aptus Capital Advisors, LLC 0.00% 289 $9K
20 Blue Trust, Inc. 0.00% 97 $3K
21 BLAIR WILLIAM & CO/IL 0.00% 60 $2K
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 — STATE STREET SPDR PORTFOLIO TREASURY ETF (SPTB)

What does the Smart Money Trend signal show for SPTB?

Buying streak — 6 quarters in a row: For 6 consecutive quarters, more hedge funds added SPTB 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 SPTB?

More buyers than sellers — 79% buying: Last quarter: 22 funds were net buyers (7 opened a brand new position + 15 added to an existing one). Only 6 were sellers (4 trimmed + 2 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for SPTB holders?

Strong quality — 32% AUM from major funds: 3 of 29 holders rank in the top 100 by AUM, accounting for 32% 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 SPTB?

Mostly new holders — 45% entered in last year: Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

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.