State Street SPDR S&P China ETF
GXC
88 hedge funds and large institutions have $338M invested in State Street SPDR S&P China ETF in 2014 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 30 reducing their positions, and 21 closing their positions.
85% more call options, than puts
Call options by funds: $524K | Put options by funds: $283K
18% more capital invested
Capital invested by funds: $285M → $338M (+$52.7M)
13.65% more ownership
Funds ownership: 31.79% → 45.44% (+14%)
7% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 30
9% less funds holding
Funds holding: 97 → 88 (-9)
38% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 21
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
+$66.8M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$21.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$14.7M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$4.82M |
| 5 |
SC
Savant Capital
Rockford,
Illinois
|
+$2.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$9.51M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.64M |
| 3 |
Goldman Sachs
New York
|
-$3.67M |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$3.14M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$2.94M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$274K | -3,511 | Closed |
|
102
KeyBank National Association
Cleveland,
Ohio
| – | -$261K | -3,344 | Closed |
|
|
LI
103
LMCG Investments
Boston,
Massachusetts
| – | -$140K | -1,800 | Closed |
|
|
PI
104
Placemark Investments
Chicago,
Illinois
| – | -$138K | -1,770 | Closed |
|
|
MAA
105
Managed Account Advisors
Jersey City,
New Jersey
| – | -$23K | -291 | Closed |
|
|
OIA
106
Optimum Investment Advisors
Chicago,
Illinois
| – | -$21K | -271 | Closed |
|
|
PFA
107
Paradigm Financial Advisors
Des Peres,
Missouri
| – | -$10K | -125 | Closed |
|
|
WA
108
Waverly Advisors
Birmingham,
Alabama
| – | -$7K | -85 | Closed |
|
|
NMIS
109
Northwestern Mutual Investment Services
Milwaukee,
Wisconsin
| – | -$4K | -50 | Closed |
|
|
PWAG
110
Polaris Wealth Advisory Group
San Rafael,
California
| – | -$1K | -10 | Closed |
|
GXC Hedge Fund Activity: Q1 2014 in Review
88 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P China ETF (GXC) for Q1 2014, worth a combined $338M — up 18% from $285M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of GXC and 13 opened new positions — a net loss of 8 holders — while 30 trimmed existing stakes and 28 added.
The largest buyer was Provida Pension Fund Administrator, adding an estimated $66.8M. The largest seller was Clark Capital Management Group, exiting entirely with an estimated $9.51M sold.
- 88 institutional investors held State Street SPDR S&P China ETF (GXC) as of Q1 2014, down from 97 in Q4 2013.
- Funds reported $338M of State Street SPDR S&P China ETF stock for Q1 2014, up 18% quarter-over-quarter.
- 13 funds opened new State Street SPDR S&P China ETF positions in Q1 2014 and 21 closed out, a net change of -8 holders.
- The largest State Street SPDR S&P China ETF buyer in Q1 2014 was Provida Pension Fund Administrator, an estimated $66.8M added.
- The largest State Street SPDR S&P China ETF seller in Q1 2014 was Clark Capital Management Group, an estimated $9.51M sold.
Based on aggregated 13F filings for Q1 2014.