Fund · State Street(R) Bridgewater(R) All Weather(R) ETF · measured from SEC filings
ALLW holdings
ALLW reports 41 holdings and behaves like 8.2 equally weighted ones, computed from its SEC Form N-PORT filing for 2026-07-31. The fact sheet publishes the first number; this page computes the second, and traces it across 6 quarters of filings.
Measured concentration
as of 2026-07-31This figure is not comparable with other funds
swap and futures notional is 871% of net assets: the fund's exposure is delivered by derivatives, and a count of its filed positions does not describe it. See the exposure section for what the notional is written on
The figure below is what the filing says, published unchanged. What it may not do is sit beside a plain long-only fund and be read as the same quantity. How comparability is decided.
Computed by this site from the fund's SEC Form N-PORT filing; what the measure does not tell you · every fund in one table · hold it with other funds? X-ray the mix. Pricing: 57.38% at a quoted market price (level 1), 6 issuer countries.
What stands out
as of 2026-07-31The largest line in ALLW's filing is not a stock but State Street Institutional US Government Money Market Fund, a short-term position at 33.4% of net assets. Between the 2026-01-31 and 2026-04-30 filings 3 positions were added and 4 dropped; 10.6% of the weight moved.
Each sentence is read from the fund's own SEC filing; the class median is computed across the comparable short-term funds on this site. Nothing here is a view on the fund.
Every filing since 2025
6| Period | Holdings | Effective | Top 10 | Largest |
|---|---|---|---|---|
| 2026-07-31 * | 41 | 8.2 | 78.13% | 28.94% |
| 2026-04-30 * | 47 | 6.4 | 81.65% | 34.47% |
| 2026-01-31 * | 51 | 6.6 | 79.43% | 34.24% |
| 2025-10-31 * | 71 | 5.8 | 80.95% | 37.36% |
| 2025-07-31 * | 34 | 5.5 | 83.29% | 38.23% |
| 2025-04-30 * | 34 | 4.9 | 84.7% | 41.15% |
One row per filed reporting period, newest first, read from EDGAR. Quarterly because that is the public filing cadence. Rows marked * are published but held out of the comparison above; the methodology page says when and why.
Largest positions, as filed
as of 2026-04-30The 15 largest of 41 positions in ALLW's Form N-PORT, weight as a share of net assets, securities-lending collateral excluded. Every position, every quarter: ALLW.csv.gz.
| # | Position | Weight | Cumulative |
|---|---|---|---|
| 1 | State Street Global Advisors | 34.69% | 34.7% |
| 2 | State Street SPDR Portfolio S&P 500 ETF | 14.73% | 49.4% |
| 3 | United States Treasury | 5.03% | 54.5% |
| 4 | State Street SPDR Portfolio Emerging Markets ETF | 4.75% | 59.2% |
| 5 | United States Treasury | 4.34% | 63.5% |
| 6 | United States Treasury | 4.23% | 67.8% |
| 7 | United States Treasury | 3.99% | 71.8% |
| 8 | United States Treasury | 3.75% | 75.5% |
| 9 | State Street SPDR S&P China ETF | 3.37% | 78.9% |
| 10 | United States Treasury | 2.99% | 81.9% |
| 11 | United States Treasury | 2.50% | 84.4% |
| 12 | United States Treasury | 1.40% | 85.8% |
| 13 | United States Treasury | 1.31% | 87.1% |
| 14 | United States Treasury | 1.18% | 88.3% |
| 15 | United States Treasury | 1.16% | 89.4% |
By country of issuer
as of 2026-04-30Share of ALLW's own investments by the issuer country the filer reported (incorporation, not revenue). Each country links to every fund that holds it.
| Country | Share |
|---|---|
| United States | 99.21% |
| Australia | 0.23% |
| Germany | 0.22% |
| Singapore | 0.18% |
| Japan | 0.12% |
| United Kingdom | 0.03% |
Returns the fund reported
2025-03 – 2026-07Monthly total returns from Item B.5 of ALLW's own filings, 17 months on record. Not computed here and not from a price feed.
Cross-checked against a series computed separately from prices: median difference — percentage points over 0 months, which is roughly the distributions. Every month with the filing it came from: ALLW.json · all funds.
Since the previous filing
2026-01-31 → 2026-04-3037 positions became 36: 3 added (6.1% of the fund at the later date), 4 dropped (6.0% at the earlier date). Half the sum of all weight changes, a turnover proxy: 10.6%. Positions are matched on identifiers, so a security whose identifier changed shows as one drop and one add. Every filing of ALLW compared this way, as a feed: changes.xml · all funds: filings received.
| Largest increases | 2026-01-31 | 2026-04-30 | Largest decreases | 2026-01-31 | 2026-04-30 |
|---|---|---|---|---|---|
| United States Treasury | 1.15% | 2.50% | United States Treasury | 2.19% | 0.19% |
| State Street SPDR Portfolio S&P 500 ETF | 13.99% | 14.73% | JPMorgan Securities LLC | 0.83% | 0.35% |
| State Street Global Advisors | 34.24% | 34.69% | United States Treasury | 3.39% | 2.99% |
| State Street SPDR Portfolio Emerging Markets ETF | 4.36% | 4.75% | Goldman Sachs & Co. LLC | 0.59% | 0.34% |
| United States Treasury | 3.39% | 3.75% | BNP Paribas SA | 0.44% | 0.23% |
| State Street SPDR S&P China ETF | 3.03% | 3.37% | United States Treasury | 1.36% | 1.16% |
New: United States Treasury (5.03%), United States Treasury (0.93%), Societe Generale SA (0.18%). Gone: United States Treasury (5.07%), United States Treasury (0.56%), Commodities Exchange Center (0.23%), ASX Clear (Futures) (0.08%).
Asset categories and pricing
as of 2026-07-31| Asset category (as filed) | Share of investments |
|---|---|
| short-term investment STIV | 40.55% |
| debt DBT | 36.72% |
| equity EC | 21.60% |
| DCO DCO | 0.72% |
| derivative DE | 0.42% |
57.4% of ALLW is carried at a quoted market price (fair-value level 1). Categories and levels are the filer's, from Form N-PORT; what a low level-1 share does and does not mean is in the measure's page.
Derivative exposure and counterparties
as of 2026-04-30A position count cannot describe a fund that uses derivatives, because a swap is filed at its unrealised gain, not its exposure. These are the notionals the fund itself reported, against net assets of $1.29B. Notional of an interest-rate or currency swap is not equity exposure.
| Swap counterparty | Notional | % of net assets |
|---|---|---|
| JPMorgan Securities LLC | $82M | 6.32% |
| Goldman Sachs & Co. LLC | $70M | 5.41% |
| BNP PARIBAS | $48M | 3.74% |
| Societe Generale SA | $42M | 3.22% |
| Bank of America NA | $30M | 2.33% |
| CITIBANK, NATIONAL ASSOCIATION | $24M | 1.85% |
Financing leg as filed: the fund pays 3 mo. U.S. T-Bill Rate + 0% on $296M of long swap notional . Issuers fill the spread field differently (some file the all-in rate), so compare within an issuer, not across.
Full detail for every fund that files derivatives: leverage.json (CC BY 4.0).
Neighbours by effective holdings, short-term investment funds
10Every measured short-term investment fund lined up by how many holdings it behaves like; these sit either side of ALLW (8.2). Same filings, same arithmetic. Position in this list says nothing about which fund is better.
| Fund | Reports | Behaves like | Top ten | As of |
|---|---|---|---|---|
| NVDU Direxion Daily NVDA Bull 2X Shares | 9 | 3.3 * | 100% | 2026-07-31 |
| BILZ PIMCO Ultra Short Government Active Exchange-Traded Fund | 5 | 4.1 | 100% | 2026-06-30 |
| FTGC First Trust Global Tactical Commodity Strategy Fund | 13 | 4.2 * | 99.95% | 2026-06-30 |
| MSFU Direxion Daily MSFT Bull 2X Shares | 6 | 4.2 * | 100% | 2026-07-31 |
| TSLL Direxion Daily TSLA Bull 2X Shares | 6 | 5 * | 100% | 2026-07-31 |
| BIL State Street(R) SPDR(R) Bloomberg 1-3 Month T-Bill ETF | 24 | 14.9 | 74.44% | 2026-06-30 |
| XHLF BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 28 | 15.2 | 75.74% | 2026-07-31 |
| SGOV iShares 0-3 Month Treasury Bond ETF | 23 | 17.2 | 66.79% | 2026-05-31 |
| BILS State Street(R) SPDR(R) Bloomberg 3-12 Month T-Bill ETF | 29 | 23.8 | 51.34% | 2026-06-30 |
| CMDY iShares Bloomberg Roll Select Commodity Strategy ETF | 88 | 35.1 * | 40.84% | 2026-07-31 |
Essays that examine ALLW
0Mentions are detected across the full text of every article, so an appearance may be a passing comparison rather than the subject. Nothing here is a recommendation to buy or sell — see the disclaimer.