State Street SPDR S&P Global Natural Resources ETF
GNR
218 hedge funds and large institutions have $2.2B invested in State Street SPDR S&P Global Natural Resources ETF in 2023 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 80 increasing their positions, 78 reducing their positions, and 45 closing their positions.
67% more call options, than puts
Call options by funds: $297K | Put options by funds: $178K
3% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 78
3.37% less ownership
Funds ownership: 70.63% → 67.26% (-3.4%)
11% less funds holding
Funds holding: 245 → 218 (-27)
17% less capital invested
Capital invested by funds: $2.65B → $2.2B (-$446M)
23% less funds holding in top 10
Funds holding in top 10: 13 → 10 (-3)
56% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$65.9M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
+$23.4M |
| 3 |
SAM
Satovsky Asset Management
New York
|
+$6.69M |
| 4 |
Bank of New York Mellon
New York
|
+$4.88M |
| 5 |
PFA
Pure Financial Advisors
San Diego,
California
|
+$3.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$159M |
| 2 |
RBA
Richard Bernstein Advisors
New York
|
-$94M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$45.2M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$41.1M |
| 5 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$25.5M |
GNR Hedge Fund Activity: Q2 2023 in Review
218 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Global Natural Resources ETF (GNR) for Q2 2023, worth a combined $2.2B — down 17% from $2.65B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of GNR and 20 opened new positions — a net loss of 25 holders — while 78 trimmed existing stakes and 80 added.
The largest buyer was Northern Trust, adding an estimated $65.9M. The largest seller was Bank of America, cutting an estimated $159M.
- 218 institutional investors held State Street SPDR S&P Global Natural Resources ETF (GNR) as of Q2 2023, down from 245 in Q1 2023.
- Funds reported $2.2B of State Street SPDR S&P Global Natural Resources ETF stock for Q2 2023, down 17% quarter-over-quarter.
- 20 funds opened new State Street SPDR S&P Global Natural Resources ETF positions in Q2 2023 and 45 closed out, a net change of -25 holders.
- The largest State Street SPDR S&P Global Natural Resources ETF buyer in Q2 2023 was Northern Trust, an estimated $65.9M added.
- The largest State Street SPDR S&P Global Natural Resources ETF seller in Q2 2023 was Bank of America, an estimated $159M sold.
Based on aggregated 13F filings for Q2 2023.