Vault-13

SSGA ACTIVE TR HECO

SPDR GALAXY HEDG · ETP · CUSIP 78470P648

3 institutional holders +1 vs Q3 2025
595,147595.1k shares reported held*
$23.6mreported value*
1 new 0 added 1 reduced 0 sold out net sold ≈ $16.8m (-425.0k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $39.64.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0246Q3 24: 3Q4 24: 5Q1 25: 4Q2 25: 4Q3 25: 2Q4 25: 33Q3 24Q4 24Q1 25Q2 25Q3 25Q4 25
Numbers
QuarterHolders
Q3 20243
Q4 20245
Q1 20254
Q2 20254
Q3 20252
Q4 20253

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
404Q4 24: 1 bought or addedQ4 24: 1 cut or sold outQ4 24Q1 25: 3 bought or addedQ1 25: 4 cut or sold outQ1 25Q2 25: 2 bought or addedQ2 25: 1 cut or sold outQ2 25Q3 25: 0 bought or addedQ3 25: 1 cut or sold outQ3 25Q4 25: 1 bought or addedQ4 25: 1 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q4 202411
Q1 202534
Q2 202521
Q3 202501
Q4 202511

Biggest buyers

SUSQUEHANNA INTERNATIONAL GROUP, LLP New +5,047+5.0k

Biggest sellers

Galaxy Group Investments LLC Reduced -430,000-430.0k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Galaxy Group Investments LLC 3.25% of their portfolio NEW YORK, NY 590,000590.0k $23.4m $23.4m 3.25% Reduced -430.0k -430,000
2 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 5,0475.0k $200.0k $200.0k 0.00% New
3 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 100100 $3.9k $3.9k 0.00% Unchanged