SPDR S&P 500 ETF TRUST (SPY) Top Institutional Shareholders
SPDR S&P 500 ETF TRUST (SPY) is currently reported in institutional portfolios tracked by InsiderSet based on the latest available SEC Form 13F filings for the quarter ended March 31, 2026. The institutional investors covered on this page collectively reported approximately $209.99M in SPY holdings during the latest filing period.
Sequoia Financial Advisors is currently the largest disclosed institutional shareholder of SPY tracked by InsiderSet, reporting ownership valued at approximately $103.02M in its March 31, 2026 SEC Form 13F filing. Based on current market prices and the latest disclosed share count, the position is now estimated to be worth approximately $116.21M, representing an estimated gain of +12.80% since the filing period.
The top 10 institutional shareholders tracked on this page collectively account for approximately 100% of the total disclosed SPY value among the investors covered in this analysis. Major shareholders include Sequoia Financial Advisors, Meritage Group, Miller Value Partners, and several other long-term asset managers with concentrated positions in SPDR S&P 500 ETF TRUST (SPY).
This page ranks the largest institutional SPY shareholders using publicly disclosed SEC Form 13F data, including reported values, estimated current holding values, portfolio allocation percentages, ownership concentration metrics, and historical holding changes across major hedge funds and investment firms.
| Name | Investor/Manager | Portfolio % | Quantity | Reported Balance | Current Estimated Value | Gain/loss Since Filing | Estimated Portfolio Performance |
|---|---|---|---|---|---|---|---|
| Sequoia Financial Advisors | 0.58% | 158,417 | $103,024,575 | $116,211,543 | +$13,186,968 | +12.80% | |
| Meritage Group | Nathaniel Simons | 1.27% | 51,554 | $33,527,628 | $37,818,983 | +$4,291,355 | +12.80% |
| Miller Value Partners | Bill Miller | 5.10% | 30,044 | $19,538,815 | $22,039,678 | +$2,500,863 | +12.80% |
| Eagle Capital Management | Ravenel Boykin Curry IV | 0.06% | 28,285 | $18,394,577 | $20,749,310 | +$2,354,733 | +12.80% |
| Mairs & Power Growth Fund | Andrew R. Adams | 0.18% | 27,180 | $17,676,384 | $19,938,704 | +$2,262,320 | +12.80% |
| First Eagle U.S. Value | Jean-Marie Eveillard | 0.01% | 17,000 | $11,055,780 | $12,470,860 | +$1,415,080 | +12.80% |
| Yacktman Asset Management | Donald Yacktman | 0.03% | 3,768 | $2,450,481 | $2,764,129 | +$313,648 | +12.80% |
| Polen Capital Management | David M. Polen | 0.02% | 3,757 | $2,443,256 | $2,756,060 | +$312,804 | +12.80% |
| Giverny Capital | Francois Rochon | 0.06% | 2,474 | $1,608,941 | $1,814,877 | +$205,936 | +12.80% |
| Alapocas Investment Partners | David Lemons | 0.17% | 348 | $226,318 | $255,286 | +$28,968 | +12.80% |
| Eagle Capital Management | Ravenel Boykin Curry IV | 9.80% | 38,235 | $24,866 | $28,048,431 | +$28,023,565 | +112698.32% |
| ARK Invest | Cathie Wood | 0.00% | 28 | $17,910 | $20,540 | +$2,630 | +14.69% |
Frequently asked questions about SPY
Who owns the most SPY stock?
The largest holders of SPY are typically major institutional investors such as asset managers and hedge funds reporting on Form 13F. The table above ranks tracked superinvestors by reported position size using the latest available filings for SPDR S&P 500 ETF TRUST (SPY).
Is SPY widely held by superinvestors?
Many widely followed stocks like SPY appear across numerous superinvestor portfolios because of liquidity, index inclusion, and fundamentals. The holder count and table above show how broadly SPY is represented among the institutional managers we track.
What do “Current Estimated Value”, “Gain/loss Since Filing”, and “Estimated Portfolio Performance” mean?
Current Estimated Value is reported share quantity from the latest 13F times our most recent split-adjusted U.S. session close. Gain/loss Since Filing is that estimate minus the reported 13F dollar value; Estimated Portfolio Performance is that difference as a percent of the reported value. Green means the estimate is above the filing value; red means below (not purchase cost). If many filers share the same implied filing price per share, the performance % may match across rows. These are not official fund marks or live quotes.