State Street SPDR S&P China ETF
GXC
93 hedge funds and large institutions have $392M invested in State Street SPDR S&P China ETF in 2014 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 26 increasing their positions, 30 reducing their positions, and 11 closing their positions.
1,155% more call options, than puts
Call options by funds: $1M | Put options by funds: $80K
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
17% more capital invested
Capital invested by funds: $334M → $392M (+$58.1M)
7% more funds holding
Funds holding: 87 → 93 (+6)
2.52% more ownership
Funds ownership: 35.11% → 37.63% (+2.5%)
13% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Chanos & Company
New York
|
+$10.4M |
| 2 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$8.93M |
| 3 |
Morgan Stanley
New York
|
+$8.3M |
| 4 |
GIM
Guild Investment Management
Los Angeles,
California
|
+$5.88M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$4.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$4.58M |
| 2 |
Credit Agricole
Montrouge Cedex,
France
|
-$3.05M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$2.82M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.7M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$15K | -199 | Closed |
|
|
BPBT
102
Boston Private Bank & Trust
Boston,
Massachusetts
| – | -$11K | -140 | Closed |
|
|
BBHC
103
Brown Brothers Harriman & Co
New York
| – | -$11K | -138 | Closed |
|
|
FAM
104
Formidable Asset Management
Cincinnati,
Ohio
| – | -$9K | -117 | Closed |
|
|
NFG
105
Next Financial Group
Houston,
Texas
| – | -$6K | -82 | Closed |
|
GXC Hedge Fund Activity: Q4 2014 in Review
93 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P China ETF (GXC) for Q4 2014, worth a combined $392M — up 17% from $334M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new GXC positions and 11 closed out — a net gain of 9 holders — while 26 added to existing stakes and 30 trimmed.
The largest buyer was Chanos & Company, opening a new position worth an estimated $10.4M. The largest seller was Carson Wealth (CWM LLC), exiting entirely with an estimated $4.58M sold.
- 93 institutional investors held State Street SPDR S&P China ETF (GXC) as of Q4 2014, up from 87 in Q3 2014.
- Funds reported $392M of State Street SPDR S&P China ETF stock for Q4 2014, up 17% quarter-over-quarter.
- 20 funds opened new State Street SPDR S&P China ETF positions in Q4 2014 and 11 closed out, a net change of +9 holders.
- The largest State Street SPDR S&P China ETF buyer in Q4 2014 was Chanos & Company, an estimated $10.4M added.
- The largest State Street SPDR S&P China ETF seller in Q4 2014 was Carson Wealth (CWM LLC), an estimated $4.58M sold.
Based on aggregated 13F filings for Q4 2014.