SPDR Bloomberg International Treasury Bond ETF

BWX • ARCA

SPDR Bloomberg International Treasury Bond ETF is an exchange-traded fund on ARCA. As of Q3 2025, 150 institutional investors hold shares in this ETF, with total holdings valued at $833.9M. ARGI Investment Services, LLC is the largest holder with a position valued at $176.8M.

Overview

Overview of institutional ownership in BWX as of Q3 2025

All Institutions

Institutions: 150
Value Held: $833.9M
Shares Held: 36.3M
Avg Position: $5.6M
Median Position: $445.8K

Hedge Funds

Hedge Funds: 3
Value Held: $4.7M
Shares Held: 204.4K
Avg Position: $1.6M
Median Position: $1.4M

Biggest Investors

Institutions with the largest positions in BWX as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
ARGI Investment Services, LLC Fund of Funds	Kevin David Hilden COO	$176.8M 9.02% of portfolio	7.7M shares	Q2 2024 Held for 1y 5m	$2.0B
M MANUFACTURERES LIFE INSURANCE CO Institution	-	$127.5M 0.11% of portfolio	5.5M shares	Q3 2020 Held for 5y 2m	$120.17B
CITIGROUP INC Institution	Jane Fraser CEO	$86.1M 0.06% of portfolio	3.7M shares	≤ Q2 2013 Held for 12y 5m+	$144.32B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$64.9M 0.00% of portfolio	2.8M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
J JANE STREET GROUP, LLC Institution	-	$41.1M 0.05% of portfolio	1.8M shares	Q1 2017 Held for 8y 8m	$84.1B
Checchi Capital Advisers, LLC RIA/Wealth	Adam Dean Checchi Managing Partner	$38.5M 2.64% of portfolio	1.7M shares	Q4 2013 Held for 11y 11m	$1.5B
Creative Planning RIA/Wealth	Peter Alex Mallouk CEO	$22.9M 0.02% of portfolio	997.1K shares	≤ Q2 2013 Held for 12y 5m+	$130.86B
LEUTHOLD WEEDEN CAPITAL MANAGEMENT Long Only Manager	Jeffrey Chet Leadholm CEO	$19.3M 2.11% of portfolio	838.0K shares	≤ Q2 2013 Held for 12y 5m+	$913.7M
Blueprint Investment Partners LLC Long Only Manager	Jacob Nmn Walthour CIO	$17.2M 2.42% of portfolio	749.1K shares	Q4 2019 Held for 5y 11m	$710.9M
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$15.4M 0.00% of portfolio	670.4K shares	≤ Q2 2013 Held for 12y 5m+	$341.99B

Net Capital Flow

Institutional buying and selling activity for BWX in Q3 2025

Traded: +$19.3M
Buyers: 81
Sellers: 66
Total Bought: +$95.1M
Total Sold: −$75.7M
Avg Position: $4.8M

Biggest Buyers

Institution	Net Bought	Current Position
J JANE STREET GROUP, LLC Institution	+$28.0M +1.2M shares	$41.1M 1.8M shares
GOULD ASSET MANAGEMENT LLC /CA/ RIA/Wealth	+$12.8M +557.4K shares	$12.8M 557.4K shares
CFG Asset Management LLC RIA/Wealth	+$5.2M +224.3K shares	$5.2M 224.3K shares
Lifestyle Asset Management, Inc. RIA/Wealth	+$4.7M +203.0K shares	$4.7M 203.0K shares
MORGAN STANLEY RIA/Wealth	+$4.6M +198.1K shares	$64.9M 2.8M shares
Walkner Condon Financial Advisors LLC RIA/Wealth	+$4.5M +194.0K shares	$9.2M 399.3K shares
Creative Planning RIA/Wealth	+$4.4M +190.4K shares	$22.9M 997.1K shares
PNC FINANCIAL SERVICES GROUP, INC. Institution	+$4.4M +189.6K shares	$5.5M 237.7K shares
T TECTONIC ADVISORS LLC RIA/Wealth	+$2.3M +99.0K shares	$12.5M 541.9K shares
CoreCap Advisors, LLC RIA/Wealth	+$2.0M +86.5K shares	$2.5M 109.4K shares

Biggest Sellers

Institution	Net Sold	Current Position
M MANUFACTURERES LIFE INSURANCE CO Institution	−$35.8M −1.6M shares	$127.5M 5.5M shares
ARGI Investment Services, LLC Fund of Funds	−$6.8M −297.4K shares	$176.8M 7.7M shares
Adviser Investments LLC Family Office	−$4.3M −182.0K shares	Sold Off 0 shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	−$3.4M −145.7K shares	$15.4M 670.4K shares
SYKON CAPITAL LLC RIA/Wealth	−$3.1M −133.9K shares	$2.3M 98.7K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$2.8M −123.8K shares	$1.4M 61.8K shares
RFG Advisory Group, LLC RIA/Wealth	−$2.6M −111.9K shares	$2.7M 118.3K shares
Q Q3 Asset Management Long Only Manager	−$2.2M −93.9K shares	Sold Off 0 shares
Forefront Analytics, LLC RIA/Wealth	−$2.1M −89.0K shares	Sold Off 0 shares
David R. Rahn & Associates Inc. RIA/Wealth	−$1.5M −65.1K shares	$855.0K 37.2K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited BWX in Q3 2025

New Positions: 8
New Value: $10.1M
Exited Positions: 21
Exited Value: $13.2M

New Positions

Institution	Position Value
Lifestyle Asset Management, Inc. RIA/Wealth	$4.7M 203.0K shares
B Buck Wealth Strategies, LLC RIA/Wealth	$1.9M 84.4K shares
SPRINGBOK CAPITAL MANAGEMENT, LLC Fund of Funds	$1.7M 73.2K shares
Foundations Investment Advisors, LLC RIA/Wealth	$1.6M 67.8K shares
Prime Capital Investment Advisors, LLC RIA/Wealth	$221.6K 9.6K shares
R Ronald Blue Trust, Inc. Institution	$4.5K 195.0 shares
S SYM FINANCIAL CORPORATION RIA/Wealth	$3.0K 130.0 shares
FINANCIAL CONSULATE, INC RIA/Wealth	$2.4K 103.0 shares

Exited Positions

Institution	Previous Position
Adviser Investments LLC Family Office	$4.3M 182.0K shares
Q Q3 Asset Management Long Only Manager	$2.2M 93.9K shares
Forefront Analytics, LLC RIA/Wealth	$2.1M 89.0K shares
Golden State Equity Partners RIA/Wealth	$777.6K 33.1K shares
Worth Asset Management, LLC RIA/Wealth	$738.1K 31.4K shares
HM PAYSON & CO RIA/Wealth	$615.6K 26.2K shares
OPPENHEIMER & CO INC RIA/Wealth	$537.6K 22.9K shares
HighTower Advisors, LLC RIA/Wealth	$409.5K 17.4K shares
CLIENT 1ST ADVISORY GROUP, LLC RIA/Wealth	$330.4K 14.1K shares
X XTX Topco Ltd Institution	$287.4K 12.2K shares

Options Activity

Institutions with the largest Call and Put options positions in BWX as of Q3 2025

Call Positions: 1
Call Value: $292.1K
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$292.1K 127.0 contracts

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with BWX as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
ARGI Investment Services, LLC Fund of Funds	Kevin David Hilden COO	9.02% $176.8M	7.7M shares	Q2 2024 Held for 1y 5m	$2.0B
S Spartan Planning & Wealth Management RIA/Wealth	David Childs CEO	3.48% $4.5M	194.0K shares	Q4 2024 Held for 11 months	$128.1M
Upper Left Wealth Management, LLC RIA/Wealth	Randy David Kurtz Managing Partner	3.45% $5.5M	239.2K shares	Q4 2021 Held for 3y 11m	$159.3M
rebel Financial LLC RIA/Wealth	William Phillip Ratcliff President	3.02% $6.3M	274.5K shares	Q2 2025 Held for 5 months	$208.9M
Checchi Capital Advisers, LLC RIA/Wealth	Adam Dean Checchi Managing Partner	2.64% $38.5M	1.7M shares	Q4 2013 Held for 11y 11m	$1.5B
Blueprint Investment Partners LLC Long Only Manager	Jacob Nmn Walthour CIO	2.42% $17.2M	749.1K shares	Q4 2019 Held for 5y 11m	$710.9M
V VanderPol Investments L.L.C. RIA/Wealth	Mark Adam Vanderpol President	2.39% $1.2M	52.5K shares	Q2 2025 Held for 5 months	$50.2M
GOULD ASSET MANAGEMENT LLC /CA/ RIA/Wealth	Donald Paul Gould President	2.38% $12.8M	557.4K shares	Q3 2025 Held for 2 months	$538.3M
Net Worth Advisory Group RIA/Wealth	Raymond Evan Levitre Managing Partner	2.23% $7.7M	335.2K shares	Q3 2024 Held for 1y 2m	$345.7M
LEUTHOLD WEEDEN CAPITAL MANAGEMENT Long Only Manager	Jeffrey Chet Leadholm CEO	2.11% $19.3M	838.0K shares	≤ Q2 2013 Held for 12y 5m+	$913.7M

Hedge Fund Spotlight

Discover hedge funds investing in BWX

Quent Capital, LLC

Hedge Fund • Long/Short

Portfolio ManagerWilliam Albert Jollie

Portfolio Value: $1.2B
Positions: 1,433
Last Reported: Q3 2025

Sector Allocation

Position in SPDR Bloomberg International Treasury Bond ETF

Market Value: $2.4M
Shares Held: 102.8K
Portfolio Weight: 0.20%
Owned Since: 2021-Q4

Top Holding	Sector	Market Value	Weight
1 Vanguard Russell 1000 Growth VONG	ETF ETF	$129.0M	10.81%
2 SPDR Nuveen Bloomberg Short Term Municipal Bond SHM	ETF ETF	$79.3M	6.64%
3 iShares MSCI EAFE Growth EFG	ETF ETF	$59.0M	4.94%