SPDR S&P 1500 Momentum Tilt

MMTM • ARCA

SPDR S&P 1500 Momentum Tilt is an exchange-traded fund on ARCA. As of Q3 2025, 38 institutional investors hold shares in this ETF, with total holdings valued at $91.2M. LPL Financial LLC is the largest holder with a position valued at $26.0M.

Overview

Overview of institutional ownership in MMTM as of Q3 2025

All Institutions

Institutions: 38
Value Held: $91.2M
Shares Held: 319.2K
Avg Position: $2.4M
Median Position: $529.8K

Hedge Funds

Hedge Funds: 1
Value Held: $2.0M
Shares Held: 7.0K
Avg Position: $2.0M
Median Position: $2.0M

Biggest Investors

Institutions with the largest positions in MMTM as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
L LPL Financial LLC Institution	-	$26.0M 0.01% of portfolio	91.0K shares	Q2 2020 Held for 5y 5m	$340.07B
Baltimore-Washington Financial Advisors, Inc. RIA/Wealth	Robert G Carpenter President	$19.4M 0.83% of portfolio	67.8K shares	Q3 2020 Held for 5y 2m	$2.3B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$7.1M 0.00% of portfolio	24.9K shares	Q4 2016 Held for 8y 11m	$1.65T
Steward Partners Investment Advisory, LLC RIA/Wealth	Jeani Theresa Winterbourne President	$6.8M 0.04% of portfolio	23.9K shares	Q1 2022 Held for 3y 8m	$17.4B
Professional Financial Advisors, LLC RIA/Wealth	Paul Byron Hill CEO	$5.6M 1.18% of portfolio	19.7K shares	Q4 2022 Held for 2y 11m	$475.2M
Mariner Wealth Advisors, LLC RIA/Wealth	Martin Christopher Bicknell CEO	$4.3M 0.01% of portfolio	15.0K shares	Q4 2024 Held for 11 months	$77.3B
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$3.8M 0.00% of portfolio	13.3K shares	Q2 2021 Held for 4y 5m	$691.34B
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC RIA/Wealth	James Loren Cahn Chairman	$2.5M 0.00% of portfolio	8.9K shares	Q2 2023 Held for 2y 5m	$65.5B
Western Wealth Management, LLC RIA/Wealth	Caden Louisa Russell Partner	$2.4M 0.13% of portfolio	8.3K shares	Q4 2021 Held for 3y 11m	$1.9B
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	Kenneth Cordele Griffin CEO	$2.0M 0.00% of portfolio	7.0K shares	Q1 2024 Held for 1y 8m	$122.08B

Net Capital Flow

Institutional buying and selling activity for MMTM in Q3 2025

Traded: +$1.3M
Buyers: 17
Sellers: 15
Total Bought: +$4.9M
Total Sold: −$3.6M
Avg Position: $2.2M

Biggest Buyers

Institution	Net Bought	Current Position
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$1.6M +5.5K shares	$2.0M 7.0K shares
Baltimore-Washington Financial Advisors, Inc. RIA/Wealth	+$955.9K +3.3K shares	$19.4M 67.8K shares
L LPL Financial LLC Institution	+$687.6K +2.4K shares	$26.0M 91.0K shares
MORGAN STANLEY RIA/Wealth	+$413.4K +1.4K shares	$7.1M 24.9K shares
Kestra Advisory Services, LLC RIA/Wealth	+$352.5K +1.2K shares	$804.9K 2.8K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	+$263.9K +924.0 shares	$263.9K 924.0 shares
Mariner Wealth Advisors, LLC RIA/Wealth	+$196.0K +686.0 shares	$4.3M 15.0K shares
Professional Financial Advisors, LLC RIA/Wealth	+$194.8K +682.0 shares	$5.6M 19.7K shares
A Advisor Group Holdings, Inc. Institution	+$138.0K +500.0 shares	$696.8K 2.5K shares
Steward Partners Investment Advisory, LLC RIA/Wealth	+$65.7K +230.0 shares	$6.8M 23.9K shares

Biggest Sellers

Institution	Net Sold	Current Position
J JANE STREET GROUP, LLC Institution	−$1.8M −6.7K shares	Sold Off 0 shares
Sharkey, Howes & Javer RIA/Wealth	−$728.6K −2.6K shares	$271.9K 952.0 shares
B Berkshire Money Management, Inc. Institution	−$302.8K −1.1K shares	Sold Off 0 shares
F FLOW TRADERS U.S. LLC Institution	−$254.3K −954.0 shares	Sold Off 0 shares
IFP Advisors, Inc RIA/Wealth	−$209.6K −734.0 shares	$874.1K 3.1K shares
Gateway Wealth Partners, LLC RIA/Wealth	−$65.1K −228.0 shares	$907.0K 3.2K shares
Western Wealth Management, LLC RIA/Wealth	−$57.7K −202.0 shares	$2.4M 8.3K shares
LEVEL FOUR ADVISORY SERVICES, LLC RIA/Wealth	−$55.7K −195.0 shares	$323.1K 1.1K shares
BANK OF AMERICA CORP /DE/ Institution	−$48.0K −168.0 shares	$1.4M 5.0K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$22.6K −79.0 shares	$277.1K 970.0 shares

Entry and Exit Activity

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

New Positions: 4
New Value: $305.6K
Exited Positions: 3
Exited Value: $2.4M

New Positions

Institution	Position Value
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	$263.9K 924.0 shares
S SIMPLEX TRADING, LLC Institution	$33.7K 118.0 shares
Triumph Capital Management RIA/Wealth	$4.6K 16.0 shares
P PRIVATE TRUST CO NA Institution	$3.4K 12.0 shares

Exited Positions

Institution	Previous Position
J JANE STREET GROUP, LLC Institution	$1.8M 6.7K shares
B Berkshire Money Management, Inc. Institution	$302.8K 1.1K shares
F FLOW TRADERS U.S. LLC Institution	$254.3K 954.0 shares

Options Activity

Institutions with the largest Call and Put options positions in MMTM 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 MMTM as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Professional Financial Advisors, LLC RIA/Wealth	Paul Byron Hill CEO	1.18% $5.6M	19.7K shares	Q4 2022 Held for 2y 11m	$475.2M
Baltimore-Washington Financial Advisors, Inc. RIA/Wealth	Robert G Carpenter President	0.83% $19.4M	67.8K shares	Q3 2020 Held for 5y 2m	$2.3B
Southland Equity Partners LLC RIA/Wealth	Eric David Antrobius Managing Partner	0.13% $616.2K	2.2K shares	Q4 2020 Held for 4y 11m	$482.8M
Western Wealth Management, LLC RIA/Wealth	Caden Louisa Russell Partner	0.13% $2.4M	8.3K shares	Q4 2021 Held for 3y 11m	$1.9B
Gateway Wealth Partners, LLC RIA/Wealth	Eric Dale Hall CEO	0.12% $907.0K	3.2K shares	Q4 2023 Held for 1y 11m	$738.2M
C Centurion Wealth Management LLC Institution	-	0.11% $496.6K	1.7K shares	Q4 2024 Held for 11 months	$434.9M
Steward Partners Investment Advisory, LLC RIA/Wealth	Jeani Theresa Winterbourne President	0.04% $6.8M	23.9K shares	Q1 2022 Held for 3y 8m	$17.4B
Sharkey, Howes & Javer RIA/Wealth	Karlton Dean Childress President	0.04% $271.9K	952.0 shares	Q4 2024 Held for 11 months	$757.0M
IFP Advisors, Inc RIA/Wealth	William Eugene Hamm CEO	0.02% $874.1K	3.1K shares	Q1 2022 Held for 3y 8m	$3.8B
LEVEL FOUR ADVISORY SERVICES, LLC RIA/Wealth	Edmon Jacob Tomes CEO	0.01% $323.1K	1.1K shares	Q1 2025 Held for 8 months	$2.9B

Hedge Fund Spotlight

Discover hedge funds investing in MMTM

CITADEL ADVISORS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerKenneth Cordele Griffin

Portfolio Value: $122.08B
Positions: 5,531
Last Reported: Q3 2025

Sector Allocation

Position in SPDR S&P 1500 Momentum Tilt

Market Value: $2.0M
Shares Held: 7.0K
Portfolio Weight: 0.00%
Owned Since: 2024-Q1

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$2.1B	1.68%
2 Nvidia NVDA	Semiconductors Technology	$1.8B	1.50%
3 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$1.4B	1.18%