Murray Stahl's SPY Position Overview
Murray Stahl (via Horizon Kinetics Asset Management LLC) currently holds 1.3K shares of SPDR S&P 500 ETF Trust (SPY) worth $862,037, representing 0.01% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Murray Stahl has maintained a long-term strategic position in SPY, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2014, adding 52.7K shares. Largest reduction occurred in Q1 2015, reducing 80.1K shares.
Analysis based on 13F filings available since 2013 Q2
Murray Stahl's SPDR S&P 500 ETF Trust (SPY) Holding Value Over Time
Track share changes against reported price movement
Quarterly SPDR S&P 500 ETF Trust (SPY) Trades by Murray Stahl
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +7,597 | Add 0.00% | 7,596 | $160.48 |
| Q3 2013 | -4,023 | Reduce 52.96% | 3,573 | $167.93 |
| Q4 2013 | +41,959 | Add 1174.34% | 45,532 | $184.68 |
| Q1 2014 | -45,532 | Sold Out | 45,532 | $0.00 |
| Q3 2014 | +28,986 | New Buy | 28,986 | $197.03 |
| Q4 2014 | +52,659 | Add 181.67% | 81,645 | $205.54 |
| Q1 2015 | -80,080 | Reduce 98.08% | 1,565 | $206.39 |
| Q2 2015 | +2,290 | Add 146.33% | 3,855 | $205.97 |
| Q3 2015 | -3,855 | Sold Out | 3,855 | $0.00 |
| Q4 2015 | +6,520 | New Buy | 6,520 | $203.83 |
| Q1 2016 | -6,520 | Sold Out | 6,520 | $0.00 |
| Q4 2017 | +1,826 | New Buy | 1,826 | $266.70 |
| Q1 2018 | +28 | Add 1.53% | 1,854 | $263.21 |
| Q2 2018 | -721 | Reduce 38.89% | 1,133 | $270.96 |
| Q3 2018 | +141 | Add 12.44% | 1,274 | $290.42 |
| Q4 2018 | +18,556 | Add 1456.51% | 19,830 | $249.92 |
| Q1 2019 | +15,461 | Add 0.00% | 15,460 | $282.47 |
| Q2 2019 | -4,260 | Reduce 27.55% | 11,200 | $293.04 |
| Q3 2019 | -3,146 | Reduce 28.09% | 8,054 | $296.75 |
| Q4 2019 | +1,070 | Add 13.29% | 9,124 | $321.90 |
| Q1 2020 | +2,703 | Add 29.63% | 11,827 | $257.72 |
| Q2 2020 | -4,073 | Reduce 34.44% | 7,754 | $308.36 |
| Q3 2020 | -268 | Reduce 3.46% | 7,486 | $334.89 |
| Q4 2020 | -1,588 | Reduce 21.21% | 5,898 | $373.86 |
| Q1 2021 | -428 | Reduce 7.26% | 5,470 | $396.34 |
| Q2 2021 | -151 | Reduce 2.76% | 5,319 | $428.09 |
| Q3 2021 | -96 | Reduce 1.80% | 5,223 | $429.06 |
| Q4 2021 | -808 | Reduce 15.47% | 4,415 | $474.97 |
| Q1 2022 | -153 | Reduce 3.47% | 4,262 | $451.67 |
| Q2 2022 | -353 | Reduce 8.28% | 3,909 | $377.33 |
| Q3 2022 | -72 | Reduce 1.84% | 3,837 | $357.05 |
| Q4 2022 | -309 | Reduce 8.05% | 3,528 | $382.43 |
| Q1 2023 | -15 | Reduce 0.43% | 3,513 | $409.39 |
| Q2 2023 | -190 | Reduce 5.41% | 3,323 | $443.28 |
| Q3 2023 | -559 | Reduce 16.82% | 2,764 | $427.48 |
| Q4 2023 | -34 | Reduce 1.23% | 2,730 | $475.31 |
| Q1 2024 | -813 | Reduce 29.78% | 1,917 | $523.07 |
| Q2 2024 | -234 | Reduce 12.21% | 1,683 | $544.22 |
| Q3 2024 | -37 | Reduce 2.20% | 1,646 | $573.76 |
| Q4 2024 | -176 | Reduce 10.69% | 1,470 | $586.08 |
| Q1 2025 | -133 | Reduce 9.05% | 1,337 | $559.39 |
| Q2 2025 | -8 | Reduce 0.60% | 1,329 | $617.85 |
| Q3 2025 | -35 | Reduce 2.63% | 1,294 | $666.18 |
Murray Stahl's SPDR S&P 500 ETF Trust Investment FAQs
Murray Stahl first purchased SPDR S&P 500 ETF Trust (SPY) in Q2 2013, acquiring 7,596 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl has held SPDR S&P 500 ETF Trust (SPY) for 50 quarters since Q2 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl's largest addition to SPDR S&P 500 ETF Trust (SPY) was in Q4 2014, adding 81,645 shares worth $16.78 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Murray Stahl's firm, Horizon Kinetics Asset Management LLC, owns 1,294 shares of SPDR S&P 500 ETF Trust (SPY), valued at approximately $862,037. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, SPDR S&P 500 ETF Trust (SPY) represents approximately 0.01% of Murray Stahl's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl's peak holding in SPDR S&P 500 ETF Trust (SPY) was 81,645 shares, as reported at the end of Q4 2014. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.