SPDR S&P 400 Mid Cap Growth ETF

MDYG • ARCA

SPDR S&P 400 Mid Cap Growth ETF is an exchange-traded fund on ARCA. As of Q3 2025, 379 institutional investors hold shares in this ETF, with total holdings valued at $1.7B. LPL Financial LLC is the largest holder with a position valued at $162.5M.

Overview

Overview of institutional ownership in MDYG as of Q3 2025

All Institutions

Institutions: 379
Value Held: $1.7B
Shares Held: 18.7M
Avg Position: $4.5M
Median Position: $553.0K

Hedge Funds

Hedge Funds: 3
Value Held: $1.3M
Shares Held: 13.9K
Avg Position: $424.9K
Median Position: $459.2K

Biggest Investors

Institutions with the largest positions in MDYG as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
L LPL Financial LLC Institution	-	$162.5M 0.05% of portfolio	1.8M shares	≤ Q2 2013 Held for 12y 5m+	$340.07B
F Financial Engines Advisors L.L.C. Institution	-	$123.3M 0.24% of portfolio	1.3M shares	Q3 2017 Held for 8y 2m	$52.4B
NorthRock Partners, LLC RIA/Wealth	Robert Dean Nelson CEO	$96.9M 1.91% of portfolio	1.1M shares	Q2 2019 Held for 6y 5m	$5.1B
AE Wealth Management LLC RIA/Wealth	David James Callanan CEO	$78.7M 0.52% of portfolio	859.7K shares	Q1 2019 Held for 6y 8m	$15.2B
S STIFEL FINANCIAL CORP Long Only Manager	Adam Vartan Topalian CIO	$65.8M 0.06% of portfolio	719.1K shares	Q2 2015 Held for 10y 5m	$109.37B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$61.8M 0.00% of portfolio	675.0K shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
B BENJAMIN EDWARDS INC Institution	-	$55.4M 0.63% of portfolio	605.2K shares	Q1 2019 Held for 6y 8m	$8.8B
Financial Advisory Service, Inc. RIA/Wealth	John T Meier President	$44.8M 3.04% of portfolio	488.9K shares	Q4 2015 Held for 9y 11m	$1.5B
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$42.7M 0.01% of portfolio	465.9K shares	Q3 2016 Held for 9y 2m	$341.99B
RAYMOND JAMES FINANCIAL INC RIA/Wealth	Steven Robert Marcus CEO	$39.0M 0.01% of portfolio	425.9K shares	Q4 2024 Held for 11 months	$310.43B

Net Capital Flow

Institutional buying and selling activity for MDYG in Q3 2025

Traded: +$39.7M
Buyers: 158
Sellers: 185
Total Bought: +$108.9M
Total Sold: −$69.3M
Avg Position: $4.1M

Biggest Buyers

Institution	Net Bought	Current Position
MORGAN STANLEY RIA/Wealth	+$18.4M +200.9K shares	$61.8M 675.0K shares
S STIFEL FINANCIAL CORP Long Only Manager	+$12.9M +140.5K shares	$65.8M 719.1K shares
AE Wealth Management LLC RIA/Wealth	+$11.0M +119.9K shares	$78.7M 859.7K shares
B BENJAMIN EDWARDS INC Institution	+$10.5M +114.3K shares	$55.4M 605.2K shares
Cetera Investment Advisers RIA/Wealth	+$5.6M +61.0K shares	$9.9M 107.6K shares
CHARTIST INC /CA/ RIA/Wealth	+$3.1M +-54.2K shares	$3.1M 5.2K shares
CONFLUENCE INVESTMENT MANAGEMENT LLC Long Only Manager	+$2.9M +32.2K shares	$22.0M 239.9K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	+$2.6M +28.8K shares	$39.0M 425.9K shares
HONKAMP KRUEGER FINANCIAL SERVICES INC /ADV RIA/Wealth	+$2.5M +27.0K shares	$22.5M 245.4K shares
H HRT FINANCIAL LLC Institution	+$2.3M +25.2K shares	$2.3M 25.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
Integrated Capital Management, LLC RIA/Wealth	−$9.0M −103.6K shares	Sold Off 0 shares
BANK OF AMERICA CORP /DE/ Institution	−$5.5M −60.2K shares	$23.9M 261.4K shares
Prospera Financial Services RIA/Wealth	−$5.5M −63.0K shares	Sold Off 0 shares
Cordatus Wealth Management LLC RIA/Wealth	−$5.4M −62.2K shares	Sold Off 0 shares
Financial Advocates Investment Management RIA/Wealth	−$4.8M −55.0K shares	Sold Off 0 shares
Kingstone Capital Partners Texas, LLC RIA/Wealth	−$2.8M −32.4K shares	Sold Off 0 shares
Pinnacle Family Advisors, LLC Family Office	−$2.8M −30.1K shares	$336.4K 3.7K shares
L LPL Financial LLC Institution	−$2.2M −24.0K shares	$162.5M 1.8M shares
F Financial Engines Advisors L.L.C. Institution	−$2.0M −22.4K shares	$123.3M 1.3M shares
R ROYAL BANK OF CANADA Institution	−$1.3M −14.5K shares	$6.2M 67.9K shares

Entry and Exit Activity

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

New Positions: 16
New Value: $6.2M
Exited Positions: 37
Exited Value: $32.5M

New Positions

Institution	Position Value
Western Wealth Management, LLC RIA/Wealth	$1.5M 16.4K shares
B BROWN ADVISORY INC RIA/Wealth	$763.8K 8.3K shares
V Vise Technologies, Inc. Institution	$562.9K 6.4K shares
Carnegie Capital Asset Management, LLC RIA/Wealth	$549.5K 6.0K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	$459.2K 5.0K shares
Concurrent Investment Advisors, LLC RIA/Wealth	$353.6K 3.9K shares
BURNEY CO/ RIA/Wealth	$308.6K 3.4K shares
Astoria Portfolio Advisors LLC. Fund of Funds	$306.9K 3.3K shares
Everhart Financial Group, Inc. RIA/Wealth	$281.6K 3.1K shares
VisionPoint Advisory Group, LLC RIA/Wealth	$260.3K 2.8K shares

Exited Positions

Institution	Previous Position
Integrated Capital Management, LLC RIA/Wealth	$9.0M 103.6K shares
Prospera Financial Services RIA/Wealth	$5.5M 63.0K shares
Cordatus Wealth Management LLC RIA/Wealth	$5.4M 62.2K shares
Financial Advocates Investment Management RIA/Wealth	$4.8M 55.0K shares
Kingstone Capital Partners Texas, LLC RIA/Wealth	$2.8M 32.4K shares
Advance Capital Management, Inc. RIA/Wealth	$1.0M 11.8K shares
S SWMG, LLC Institution	$613.3K 6.8K shares
Net Worth Advisory Group RIA/Wealth	$605.9K 7.0K shares
J JANE STREET GROUP, LLC Institution	$400.6K 4.6K shares
Able Wealth Management LLC RIA/Wealth	$364.6K 4.2K shares

Options Activity

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

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
SFG Wealth Management, LLC. RIA/Wealth	Lawrence Nelson Leitch CEO	5.87% $13.5M	147.4K shares	Q1 2023 Held for 2y 8m	$230.1M
BALANCED WEALTH GROUP LLC RIA/Wealth	Matthew Christopher Daugherty CEO	5.17% $11.8M	134.8K shares	Q4 2023 Held for 1y 11m	$227.7M
SHAKESPEARE WEALTH MANAGEMENT, INC. RIA/Wealth	Kevin Michael Reardon CEO	4.33% $19.0M	207.9K shares	Q4 2017 Held for 7y 11m	$439.2M
Michael S. Ryan, Inc. RIA/Wealth	Michael Sean Ryan President	4.28% $7.2M	78.3K shares	Q2 2024 Held for 1y 5m	$167.6M
C Convergence Financial, LLC RIA/Wealth	Travis Earl Cook CEO	3.60% $24.0M	262.1K shares	Q4 2021 Held for 3y 11m	$665.9M
Financial Advisory Service, Inc. RIA/Wealth	John T Meier President	3.04% $44.8M	488.9K shares	Q4 2015 Held for 9y 11m	$1.5B
M May Barnhard Investments LLC RIA/Wealth	William Michael May Owner	2.58% $5.5M	60.5K shares	Q4 2023 Held for 1y 11m	$215.0M
O Obsidian Personal Planning Solutions LLC RIA/Wealth	Patrick Kenneth Carroll CCO	2.42% $7.0M	76.0K shares	Q3 2024 Held for 1y 2m	$287.8M
CHARTIST INC /CA/ RIA/Wealth	Christopher Kier Mais President	2.10% $3.1M	5.2K shares	Q3 2025 Held for 2 months	$146.2M
NorthRock Partners, LLC RIA/Wealth	Robert Dean Nelson CEO	1.91% $96.9M	1.1M shares	Q2 2019 Held for 6y 5m	$5.1B

Hedge Fund Spotlight

Discover hedge funds investing in MDYG

Cache Advisors, LLC

Hedge Fund • Quant

Portfolio ManagerSrikanth (Nmn) Narayan

Portfolio Value: $424.5M
Positions: 106
Last Reported: Q3 2025

Sector Allocation

Position in SPDR S&P 400 Mid Cap Growth ETF

Market Value: $210.6K
Shares Held: 2.3K
Portfolio Weight: 0.05%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$52.2M	12.29%
2 Apple AAPL	Consumer Electronics Technology	$50.4M	11.88%
3 Broadcom Inc. AVGO	Semiconductors Technology	$33.6M	7.91%