SPY
SS Spdr S&p 500 Etf Trust-us
9 super-investors hold SPY worth a combined $287M. The largest position: Bill Miller at 5.1% of their portfolio. This quarter the cohort logged 1 buy and 1 sell on the name. Cohort Conviction Score: 38 — ranked #146 of 724 scored stocks.
Why super-investors own SPY
Bill Miller's new position — the highest-conviction holding in this cohort at 5.1% of his portfolio ($20M) — is the headline move in 2026Q1, offsetting Vulcan Value Partners' exit. Cohort ownership holds at 9 managers, though the count has been range-bound between 1 and 9 over the past two years, suggesting SPY functions as a tactical or transitional instrument rather than a core conviction holding for most. Joel Greenblatt accounts for the bulk of aggregate exposure ($226M) despite a negligible 0.2% portfolio weight, reflecting his fund's scale. No manager added to an existing position this quarter. Overall interest is stable but uninspiring — no accumulation trend is evident across the cohort.
AI-synthesized from 13F filings. Not investment advice.
Cohort owners over time
2016Q2 → 2026Q1How many of the cohort members held this stock each quarter.
Owners (9) · click any column to sort
| #↑ | Manager | % Port. | History | Value | Shares |
|---|---|---|---|---|---|
| 1 | Joel Greenblatt | 0.2% | 40q | $226M | 347,775 |
| 2 | Bill Miller | 5.1% | 13q | $20M | 30,044 |
| 3 | Mairs & Power Funds | 0.2% | 40q | $18M | 27,180 |
| 4 | First Eagle Investment Management | <0.1% | 5q | $11M | 17,000 |
| 5 | Bill Nygren | <0.1% | 17q | $5M | 7,712 |
| 6 | Yacktman Asset Management | <0.1% | 32q | $2M | 3,768 |
| 7 | Polen Capital Management | <0.1% | 8q | $2M | 3,757 |
| 8 | Francois Rochon | 0.1% | 35q | $2M | 2,474 |
| 9 | Samantha McLemore | <0.1% | 7q | $726K | 1,115 |
- 1Joel Greenblattport0.2%val$226M347,775 sh·40q held
- 2Bill Millerport5.1%val$20M30,044 sh·13q held
- 3Mairs & Power Fundsport0.2%val$18M27,180 sh·40q held
- 4First Eagle Investment Managementport<0.1%val$11M17,000 sh·5q held
- 5Bill Nygrenport<0.1%val$5M7,712 sh·17q held
- 6Yacktman Asset Managementport<0.1%val$2M3,768 sh·32q held
- 7Polen Capital Managementport<0.1%val$2M3,757 sh·8q held
- 8Francois Rochonport0.1%val$2M2,474 sh·35q held
- 9Samantha McLemoreport<0.1%val$726K1,115 sh·7q held
Owners of SPY also hold
Recent activity (2)
| Manager | Move | % Port. | Δ Shares | Value | Filed |
|---|---|---|---|---|---|
| Bill Miller | NEW | 5.1% | +100% | $20M | May 15, 2026 |
| Vulcan Value Partners | EXIT | 0.1% | -100% | $0 | May 11, 2026 |
Long US equity 13F-HR filings only. CUSIP 78462F103. Not investment advice.