State Street SPDR S&P 500 ETF Trust (SPY) is a publicly traded company with a 50% Hold Score. The score on this page is a five-factor screen — revenue growth, gross margin, net margin, return on equity and debt-to-equity — each scored against fixed thresholds from a neutral starting point of 50%. The eight-section analysis, including moat, free cash flow, dilution and valuation, runs in the full report.
This analysis is generated by StrongBuyAnalytics AI using publicly available financial data from SEC filings, earnings reports, and market feeds. It is not personalized investment advice. See our methodology and disclaimer.
1 data point sit outside the score itself but bear on State Street SPDR S&P 500 ETF Trust's next few quarters. They are reported here as observations, not predictions:
Institutional investment managers with >$100 M in qualifying assets must disclose their equity positions quarterly on SEC Form 13F — typically within 45 days of quarter-end. Search those filings below to see which hedge funds, mutual funds, and asset managers reported SPY as a holding, how many shares they held, and how positions changed quarter over quarter.
We do not answer that question for you, and we do not publish buy or sell calls. What we publish is a score: SPY rates 50% on our five-factor fundamentals screen, which puts it in the "Hold" band. Everything below explains how it got there so you can disagree with it.
State Street SPDR S&P 500 ETF Trust clears some of our thresholds and misses others. A middling score means the fundamentals are genuinely ambiguous, not that we have hedged.
This is a fundamentals outlook, not a price target — we do not publish one. It describes what State Street SPDR S&P 500 ETF Trust's current financials imply about the next three to twelve months if the trends in them hold.
Mixed: sits alongside metrics that neither help nor hurt the score materially. On the fundamentals alone there is no strong case in either direction for SPY at present.
See how every metric on this SPY page — quality score, valuation, DCF scenarios, confidence, and data limitations — fits into a professional research report.
Generate My Free SPY ReportGuides to the specific measures used in this SPY analysis:
How the financial statements behind this page fit together.
Understanding P/E RatioWhat SPY's 25.6x multiple does and does not tell you.
Stock Valuation MethodsHow DCF, multiples and asset-based approaches value a company like State Street SPDR S&P 500 ETF Trust.
What Are Demand Zones?The technical side we deliberately keep out of the SPY score.
Latest SEC filings for SPY explained in plain English — insider buys/sells (Form 4), proposed sales (Form 144), material events (8-K), and quarterly & annual reports.
