SPY SPDR S&P 500

AMX
$754.05

SPDR S&P 500 (SPY) Hedge Fund Activity

This view isolates hedge funds from the broader institutional ownership shown on the Institutional tab. A pension fund tracking an index may have no view on a stock; when a hedge fund builds or exits a position, that decision can carry information. This page measures those changes. Positions as of June 30, 2026.

Based on quarterly 13F long-equity filings. Changes compare reported quarter-end positions; filings can be reported up to 45 days later and do not represent a fund's complete exposure.

Hedge fund breadth
+32.14
37 buyers / 19 sellers
STRONG BUYING
Funds compared
57
funds with comparable SPY positions
51 current holders · 40 prior-quarter holders
Net share change
+27.20M
+33.06M added, -5.86M cut
Position activity
17 new 20 increased 13 reduced 6 exited

Most significant moves

Ranked by conviction, not size — how much of the fund's own book the position represents, how far it moved, and what kind of fund made it.

Fund Action Shares changed Change Est. value Portfolio wt. Score
Carronade Capital Management Event New +4.50M $3.36B 60.8% 99
D. E. Shaw & Co., Inc. Quant Increased +13.28M +1781.7% $9.92B 7.0% 91
Alphadyne Asset Management Quant Macro New +1.70M $1.27B 73.8% 90
Senator Investment Group Event Increased +243.0K +8100.0% $181.5M 7.1% 81
Walleye Capital Long/Short Quant Reduced -1.45M -88.5% $1.08B 1.1% 81
MILLENNIUM MANAGEMENT LLC Increased +4.23M +679.7% $3.16B 2.9% 80
Capstone Investment Advisors Quant Macro Reduced -492.0K -82.9% $367.4M 0.9% 78
Jain Global Long/Short Quant Increased +219.6K +108.5% $164.0M 4.5% 76
Pentwater Capital Management Event Reduced -540.0K -93.1% $403.3M 0.2% 75
Polar Asset Management Partners Long/Short New +104.3K $77.9M 2.9% 73

Most significant buyers

By move score, not size.

  • Carronade Capital Management New · +4.50M
  • D. E. Shaw & Co., Inc. Increased · +13.28M
  • Alphadyne Asset Management New · +1.70M
  • Senator Investment Group Increased · +243.0K
  • MILLENNIUM MANAGEMENT LLC Increased · +4.23M

Most significant sellers

By move score, not size.

  • Walleye Capital Reduced · -1.45M
  • Capstone Investment Advisors Reduced · -492.0K
  • Pentwater Capital Management Reduced · -540.0K
  • Tudor Investment Corporation Reduced · -700.2K
  • Capula Management Reduced · -1.56M

Hedge fund positions

Fund Tier Shares Previous Change Change % Portfolio wt. Action Score
Carronade Capital Management 1 4.5M 0 +4.50M 60.8% New 99
D. E. Shaw & Co., Inc. 1 14.0M 745.5K +13.28M +1781.7% 7.0% Increased 91
Alphadyne Asset Management 3 1.7M 0 +1.70M 73.8% New 90
Senator Investment Group 2 246.0K 3.0K +243.0K +8100.0% 7.1% Increased 81
Walleye Capital 3 188.5K 1.6M -1.45M -88.5% 1.1% Reduced 81
MILLENNIUM MANAGEMENT LLC 2 4.9M 622.9K +4.23M +679.7% 2.9% Increased 80
Capstone Investment Advisors 3 101.3K 593.3K -492.0K -82.9% 0.9% Reduced 78
Jain Global 3 422.1K 202.5K +219.6K +108.5% 4.5% Increased 76
Pentwater Capital Management 1 40.0K 580.0K -540.0K -93.1% 0.2% Reduced 75
Polar Asset Management Partners 3 104.3K 0 +104.3K 2.9% New 73
Qube Research & Technologies Ltd 2 1.3M 0 +1.32M 1.1% New 73
Bridgewater Associates 1 5.3M 4.4M +955.4K +21.9% 18.9% Increased 72
Man Group 3 1.1M 0 +1.15M 1.6% New 72
Tudor Investment Corporation 2 418.9K 1.1M -700.2K -62.6% 1.5% Reduced 72
Cable Car Capital 2 100.0K 0 +100.0K 1.7% New 72
Squarepoint Ops LLC 2 1.3M 243.4K +1.01M +414.6% 2.1% Increased 71
Capula Management 2 4.6M 6.2M -1.56M -25.4% 47.8% Reduced 70
Balyasny Asset Management L.P. 2 861.7K 119.9K +741.8K +618.6% 1.2% Increased 69
Gotham Asset Management, LLC 2 11.4M 9.0M +2.39M +26.5% 21.8% Increased 69
ADAR1 Capital Management 3 129.1K 75.9K +53.1K +70.0% 4.8% Increased 68
RENAISSANCE TECHNOLOGIES LLC 1 219.0K 0 +219.0K 0.2% New 67
Capital Fund Management 3 161.2K 0 +161.2K 0.9% New 65
Dorsal Capital Management 2 0 28.4K -28.4K -100.0% 0.0% Sold Out 64
Point72 Asset Management, L.P. 1 0 42.0K -42.0K -100.0% 0.0% Sold Out 64
Tang Capital Management 2 123.0K 168.0K -45.0K -26.8% 4.2% Reduced 60
TWO SIGMA INVESTMENTS, LP 2 54.5K 580.3K -525.7K -90.6% 0.0% Reduced 60
Schonfeld Strategic Advisors 3 70.0K 325.4K -255.4K -78.5% 0.4% Reduced 59
Woodline Partners LP 2 14.4K 0 +14.4K 0.0% New 58
LMR Partners 3 555.7K 457.9K +97.8K +21.4% 5.0% Increased 58
Engineers Gate 4 0 90.7K -90.7K -100.0% 0.0% Sold Out 58
Highbridge Capital Management 2 1.8K 0 +1.8K 0.2% New 57
Graham Capital Management 3 27.9K 0 +27.9K 0.8% New 57
Verition Fund Management 2 922.6K 835.6K +87.1K +10.4% 6.5% Increased 56
MARSHALL WACE, LLP 2 148 0 +148 0.0% New 56
Azora Capital 2 0 2.3K -2.3K -100.0% 0.0% Sold Out 56
Millburn Ridgefield 1 535.3K 524.1K +11.1K +2.1% 19.8% Increased 56
Trexquant Investment 3 47.7K 0 +47.7K 0.2% New 56
Prana Capital Management 3 2.0K 0 +2.0K 0.0% New 55
Weiss Asset Management 2 1.3K 0 +1.3K 0.0% New 54
Moore Capital Management 3 36.8K 1.5K +35.3K +2339.5% 0.8% Increased 54
Lighthouse Investment Partners 3 0 7.9K -7.9K -100.0% 0.0% Sold Out 54
Brevan Howard Capital Management 3 3.7K 0 +3.7K 0.1% New 52
Centiva Capital 4 4.5K 0 +4.5K 0.2% New 51
Readystate Asset Management 3 0 389 -389 -100.0% 0.0% Sold Out 50
Edgestream Partners 4 51.6K 29.0K +22.7K +78.1% 1.2% Increased 48
Hudson Bay Capital Management 3 143.0K 253.5K -110.5K -43.6% 0.6% Reduced 45
Quantbot Technologies 4 10.5K 3.6K +6.9K +193.0% 0.3% Increased 43
Boothbay Fund Management 4 6.7K 3.6K +3.1K +84.7% 0.1% Increased 41
CITADEL ADVISORS LLC 1 436.9K 347.8K +89.1K +25.6% 0.2% Increased 40
J. Goldman & Co. 3 1.5K 5.4K -3.9K -71.4% 0.0% Reduced 40
TIG Advisors 3 57.5K 57.4K +146 +0.3% 2.7% Increased 36
HBK Investments 1 2.8K 3.8K -1.1K -27.4% 0.0% Reduced 36
AQR Capital Management 3 1.1M 916.4K +228.3K +24.9% 0.3% Increased 35
Davidson Kempner Capital Management 2 4.2K 5.5K -1.3K -24.2% 0.1% Reduced 32
Holocene Advisors, LP 2 91.0K 94.1K -3.1K -3.3% 0.2% Reduced 28
Chilton Investment Company 2 42.1K 41.8K +321 +0.8% 0.8% Increased 28
Systematic Alpha Investments 2 73.0K 73.0K 0 +0.0% 2.2% Unchanged 31

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Hedge funds are identified from their 13F filings, which are due 45 days after quarter end and cover long U.S.-listed equity positions only. A fund's short book never appears, so a reduced position can mean a changed view or a changed hedge — the filing doesn't say which.