Nathaniel Simons' Meritage Group sold its entire State Street SPDR S&P 500 ETF Trust (SPY) position in 2026 Q2, according to the 13F-HR filed with the SEC on August 13, 2026. The prior filing listed 51.6K shares worth about $33.5M, 1.27% of the portfolio; the 2026 Q2 filing lists none. SPY had been in the portfolio for 1 quarter, since the quarter ended March 31, 2026.
What did the 2026 Q2 filing report for SPY?
As of June 30, 2026, from the 13F-HR filed August 13, 2026.
| Before | After | |
|---|---|---|
| Shares | 51.6K | 0 |
| Reported value | $33.5M | $0 |
| Portfolio weight | 1.27% | 0% |
| Held since | 2026 Q1 | sold out in 2026 Q2 |
| Quarters held | 1 |
What did Nathaniel Simons sell?
Nathaniel Simons sold 51.6K shares of SPY between the quarter ended March 31, 2026 and June 30, 2026. The SPY exit was the 6th largest of the quarter's 14 position changes by percent change to portfolio.
Where does SPY sit in the Nathaniel Simons portfolio?
Before the sale, SPY carried 1.27% of the Nathaniel Simons portfolio, below the fund's average stock position of 8%. The largest stock position is MSFT at 18.38%. Next come AMZN at 14.17% and COF at 10.22%. The three largest stocks together are 42.76% of the book. Across the 2026 Q2 portfolio, Nathaniel Simons reported 12 stock positions, with 1 opened and 2 closed. The total portfolio value is about $2.6B, down 2% from the prior quarter.
How long has Nathaniel Simons held SPY?
Nathaniel Simons held SPY for 1 quarter, from the quarter ended March 31, 2026 to March 31, 2026. The fund sold out of the name in 2025 Q3 and came back in 2026 Q1. The weight peaked at 1.79% in 2025 Q2. Every reported trade is on the Nathaniel Simons SPY trade history page.
Did other funds buy or sell SPY in 2026 Q2?
Among the other tracked funds that had filed for 2026 Q2 as of August 13, 2026, 5 still hold SPY. One other tracked fund sold out of it this quarter as well. The largest buyers of SPY this quarter were Eagle Capital Management and Polen Capital Management. The largest sellers were Lewis Sanders, Bill Miller and Donald Yacktman. Every tracked holder of SPY is on the SPY ownership page.
FAQ
How many SPY shares did Nathaniel Simons sell?
Nathaniel Simons sold all 51.6K shares of SPY it reported a quarter earlier, worth about $33.5M.
When did Nathaniel Simons first buy SPY?
Nathaniel Simons first reported SPY in the quarter ended December 31, 2016.
How much of the Nathaniel Simons portfolio was SPY?
SPY was 1.27% of the Nathaniel Simons portfolio at the prior quarter-end, and 0% after the sale.
Did other funds sell SPY in 2026 Q2?
One other tracked fund sold out of SPY in 2026 Q2 and 3 trimmed it; 5 still hold it.