SPDR MSCI USA Strategic Factors ETF

QUS • ARCA

SPDR MSCI USA Strategic Factors ETF is an exchange-traded fund on ARCA. As of Q3 2025, 179 institutional investors hold shares in this ETF, with total holdings valued at $1.3B. Colony Group, LLC is the largest holder with a position valued at $352.9M.

Overview

Overview of institutional ownership in QUS as of Q3 2025

All Institutions

Institutions: 179
Value Held: $1.3B
Shares Held: 7.4M
Avg Position: $7.1M
Median Position: $588.1K

Hedge Funds

Hedge Funds: 4
Value Held: $17.5M
Shares Held: 102.1K
Avg Position: $4.4M
Median Position: $4.1M

Biggest Investors

Institutions with the largest positions in QUS as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
C Colony Group, LLC Institution	-	$352.9M 0.58% of portfolio	2.1M shares	Q4 2023 Held for 1y 11m	$61.1B
T Tolleson Wealth Management, Inc. Institution	-	$95.4M 15.40% of portfolio	557.2K shares	Q1 2020 Held for 5y 8m	$619.4M
SFMG, LLC Fund of Funds	Stephen Gaetano Vicinelli President	$89.7M 6.22% of portfolio	524.0K shares	Q3 2019 Held for 6y 2m	$1.4B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$67.6M 0.01% of portfolio	394.7K shares	Q3 2018 Held for 7y 2m	$1.33T
L LPL Financial LLC Institution	-	$53.0M 0.02% of portfolio	309.6K shares	Q3 2018 Held for 7y 2m	$340.07B
Private Advisor Group, LLC RIA/Wealth	Franklin R Smith CEO	$50.7M 0.25% of portfolio	296.3K shares	Q3 2019 Held for 6y 2m	$20.3B
Perennial Investment Advisors, LLC RIA/Wealth	Anthony Seo Lee CCO	$45.2M 3.77% of portfolio	264.0K shares	Q1 2023 Held for 2y 8m	$1.2B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$42.1M 0.00% of portfolio	245.7K shares	Q4 2019 Held for 5y 11m	$1.65T
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$38.1M 0.01% of portfolio	222.8K shares	Q2 2021 Held for 4y 5m	$341.99B
AMERIPRISE FINANCIAL INC Institution	Jim Cracchiolo CEO	$30.8M 0.01% of portfolio	179.7K shares	Q2 2019 Held for 6y 5m	$433.11B

Net Capital Flow

Institutional buying and selling activity for QUS in Q3 2025

Net Flow: −$145.5M
Buyers: 40
Sellers: 72
Total Bought: +$45.9M
Total Sold: −$191.3M
Avg Position: $7.4M

Biggest Buyers

Institution	Net Bought	Current Position
C Colony Group, LLC Institution	+$12.7M +74.3K shares	$352.9M 2.1M shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$5.8M +33.9K shares	$9.3M 54.5K shares
L LPL Financial LLC Institution	+$4.5M +26.4K shares	$53.0M 309.6K shares
Howard Capital Management Inc. Long Only Manager	+$3.9M +22.5K shares	$11.1M 64.8K shares
E Elevation Capital Advisory, LLC RIA/Wealth	+$3.8M +22.1K shares	$3.8M 22.1K shares
Perennial Investment Advisors, LLC RIA/Wealth	+$3.4M +19.8K shares	$45.2M 264.0K shares
Strategic Blueprint, LLC RIA/Wealth	+$1.9M +11.3K shares	$18.4M 107.7K shares
GOLDMAN SACHS GROUP INC Institution	+$1.6M +9.6K shares	$3.5M 20.2K shares
Kestra Advisory Services, LLC RIA/Wealth	+$1.6M +9.2K shares	$3.0M 17.6K shares
Goodman Advisory Group, LLC RIA/Wealth	+$967.6K +5.7K shares	$9.1M 52.9K shares

Biggest Sellers

Institution	Net Sold	Current Position
Mount Yale Investment Advisors, LLC RIA/Wealth	−$38.9M −238.3K shares	Sold Off 0 shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	−$26.3M −153.4K shares	$38.1M 222.8K shares
Private Advisor Group, LLC RIA/Wealth	−$19.6M −114.7K shares	$50.7M 296.3K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	−$18.4M −107.6K shares	$5.6M 32.7K shares
Presper Financial Architects, LLC RIA/Wealth	−$17.3M −101.1K shares	$13.3M 77.6K shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC RIA/Wealth	−$10.9M −63.4K shares	$8.7M 50.5K shares
W WIN ADVISORS, INC RIA/Wealth	−$9.0M −55.4K shares	Sold Off 0 shares
UBS Group AG Institution	−$6.9M −40.2K shares	$6.5K 38.0 shares
Ameritas Advisory Services, LLC RIA/Wealth	−$5.8M −34.0K shares	$441.2K 2.6K shares
R ROYAL BANK OF CANADA Institution	−$4.1M −24.2K shares	$11.7M 68.3K shares

Entry and Exit Activity

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

New Positions: 13
New Value: $7.6M
Exited Positions: 8
Exited Value: $54.9M

New Positions

Institution	Position Value
P PFG Private Wealth Management, LLC RIA/Wealth	$4.7M 27.7K shares
ROCKLAND TRUST CO Private Equity	$674.5K 3.9K shares
Spinnaker Investment Group, LLC RIA/Wealth	$624.2K 3.6K shares
BAM Wealth Management, LLC RIA/Wealth	$472.7K 2.8K shares
R Rockefeller Capital Management L.P. Long Only Manager	$356.6K 2.1K shares
Wedmont Private Capital RIA/Wealth	$205.4K 1.2K shares
Maia Wealth LLC RIA/Wealth	$203.2K 1.2K shares
Clark Asset Management, LLC RIA/Wealth	$202.0K 1.2K shares
Triumph Capital Management RIA/Wealth	$54.4K 318.0 shares
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	$39.7K 232.0 shares

Exited Positions

Institution	Previous Position
Mount Yale Investment Advisors, LLC RIA/Wealth	$38.9M 238.3K shares
W WIN ADVISORS, INC RIA/Wealth	$9.0M 55.4K shares
Janney Montgomery Scott LLC RIA/Wealth	$3.3M 20.5K shares
Fort Point Capital Partners, LLC Fund of Funds	$1.3M 8.2K shares
Hershey Financial Advisers, LLC RIA/Wealth	$1.1M 6.5K shares
Waterloo Capital, L.P. RIA/Wealth	$990.9K 6.1K shares
Gladstone Institutional Advisory LLC RIA/Wealth	$208.6K 1.3K shares
Wood Tarver Financial Group, LLC RIA/Wealth	$72.9K 447.0 shares

Options Activity

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

Call Positions: 1
Call Value: $325.3K
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
B Belvedere Trading LLC Institution	$325.3K 19.0 contracts

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
T Tolleson Wealth Management, Inc. Institution	-	15.40% $95.4M	557.2K shares	Q1 2020 Held for 5y 8m	$619.4M
Presper Financial Architects, LLC RIA/Wealth	Thomas Michael Presper Managing Partner	7.71% $13.3M	77.6K shares	Q2 2025 Held for 5 months	$172.4M
P Paul R. Ried Financial Group, LLC RIA/Wealth	Paul Richard Ried CEO	6.29% $12.0M	70.0K shares	Q4 2024 Held for 11 months	$190.6M
SFMG, LLC Fund of Funds	Stephen Gaetano Vicinelli President	6.22% $89.7M	524.0K shares	Q3 2019 Held for 6y 2m	$1.4B
Garrett Wealth Advisory Group, LLC RIA/Wealth	Brandon Wayne Garrett CEO	5.82% $29.9M	174.5K shares	Q2 2020 Held for 5y 5m	$513.1M
Perennial Investment Advisors, LLC RIA/Wealth	Anthony Seo Lee CCO	3.77% $45.2M	264.0K shares	Q1 2023 Held for 2y 8m	$1.2B
Great Point Wealth Advisors, LLC RIA/Wealth	Peter Vincent Disch Managing Partner	2.86% $15.2M	88.9K shares	Q3 2025 Held for 2 months	$532.2M
Goodman Advisory Group, LLC RIA/Wealth	Deborah Nicole Goodman President	2.33% $9.1M	52.9K shares	Q4 2021 Held for 3y 11m	$388.8M
V VISTA INVESTMENT MANAGEMENT RIA/Wealth	John Daniel Frankola CEO	2.14% $6.1M	35.9K shares	Q3 2019 Held for 6y 2m	$286.4M
P PFG Private Wealth Management, LLC RIA/Wealth	Deon Maryann Blaney Managing Partner	2.14% $4.7M	27.7K shares	Q3 2025 Held for 2 months	$221.6M

Hedge Fund Spotlight

Discover hedge funds investing in QUS

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 MSCI USA Strategic Factors ETF

Market Value: $3.1M
Shares Held: 17.9K
Portfolio Weight: 0.00%
Owned Since: 2025-Q3

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%