--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/100000000467964.md" description: "WELCH & FORBES just added 15,846 $SPDR S&P 500(SPY.US) shares in Q4 . Meanwhile NORTHWESTERN MUTUAL cut 99.6% of their position . Same ETF, two opposite moves. Q4 was SPY $580-600 range. Who’s right? My guess: the one adding when others panic. 🧐" datetime: "2026-02-12T10:21:54.000Z" locales: - [en](https://longbridge.com/en/topics/100000000467964.md) - [zh-CN](https://longbridge.com/zh-CN/topics/100000000467964.md) - [zh-HK](https://longbridge.com/zh-HK/topics/100000000467964.md) author: "[Benjamin](https://longbridge.com/en/profiles/20775287.md)" generator: "portal-rs" --- # WELCH & FORBES just added 15,846 $SPDR S&P… ### Related Stocks - [SPY.US](https://longbridge.com/en/quote/SPY.US.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**