F-Squared Investment Management’s State Street Materials Select Sector SPDR ETF XLB Stock Holding History

F-Squared Investment Management’s Portfolio XLB Stock Details XLB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-3,541,880	Closed	-$87.8M	–	46
2014 Q3	$87.8M	Buy	3,541,880 +665,592	+23%	+$16.6M	2.08%	20
2014 Q2	$71.4M	Sell	2,876,288 -2,169,778	-43%	-$52.4M	1.8%	17
2014 Q1	$119M	Buy	5,046,066 +1,754,318	+53%	+$40.3M	3.42%	10
2013 Q4	$76.1M	Buy	3,291,748 +2,039,684	+163%	+$44.8M	2.57%	16
2013 Q3	$26.3M	Buy	1,252,064 +244,246	+24%	+$5M	3.58%	13
2013 Q2	$19.3M	Buy	+1,007,818	New	+$19.9M	10%	6

Other funds holding XLB

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Commerzbank Aktiengesellschaft Frankfurt, Germany $5B AUM 26.58% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Barclays London, United Kingdom $521B AUM 51.41% 1-Year Est. Return

SGI

Swan Global Investments Durango, Colorado $3.39B AUM 20.1% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $344B AUM 42.99% 1-Year Est. Return

LMIM

Lockheed Martin Investment Management Bethesda, Maryland $2.53B AUM 37.62% 1-Year Est. Return

MAA

Managed Account Advisors Jersey City, New Jersey $121B AUM 7.32% 1-Year Est. Return

F-Squared Investment Management's XLB Position: Q4 2014 in Review

F-Squared Investment Management sold out of State Street Materials Select Sector SPDR ETF (XLB) in Q4 2014, closing a stake of 3,541,880 shares — an estimated $87.8M sold.

F-Squared Investment Management first reported a position in XLB in Q2 2013 and held it in 6 quarters. The position peaked at $119M in Q1 2014. 306 funds tracked by Wall St. Rank hold XLB as of Q4 2014.

F-Squared Investment Management reported no remaining State Street Materials Select Sector SPDR ETF position as of Q4 2014 after selling out during the quarter.
F-Squared Investment Management sold 3,541,880 State Street Materials Select Sector SPDR ETF shares in Q4 2014, an estimated $87.8M.
F-Squared Investment Management first reported a position in State Street Materials Select Sector SPDR ETF in Q2 2013 and held it in 6 quarters.
F-Squared Investment Management's State Street Materials Select Sector SPDR ETF position peaked at $119M in Q1 2014.
306 funds tracked by Wall St. Rank held State Street Materials Select Sector SPDR ETF as of Q4 2014.

Based on F-Squared Investment Management's 13F filing for Q4 2014, filed 13 Feb 2015.