State Street SPDR S&P China ETF
GXC
115 hedge funds and large institutions have $399M invested in State Street SPDR S&P China ETF in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 23 increasing their positions, 41 reducing their positions, and 24 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
1.18% more ownership
Funds ownership: 32.34% → 33.52% (+1.2%)
9% less funds holding
Funds holding: 126 → 115 (-11)
10% less capital invested
Capital invested by funds: $445M → $399M (-$45.8M)
14% less call options, than puts
Call options by funds: $502K | Put options by funds: $584K
38% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 24
44% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$12.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.93M |
| 3 |
MAM
Madison Asset Management
Madison,
Wisconsin
|
+$6.21M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$3.83M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$3.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$6.7M |
| 2 |
AssetMark Inc
Concord,
California
|
-$6.64M |
| 3 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
-$4.28M |
| 4 |
IA
IndexIQ Advisors
New York
|
-$2.9M |
| 5 |
Goldman Sachs
New York
|
-$2.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWA
126
Exencial Wealth Advisors
Oklahoma City,
Oklahoma
| – | -$213K | -2,077 | Closed |
|
|
ACP
127
Aveo Capital Partners
Englewood,
Colorado
| – | -$206K | -2,002 | Closed |
|
|
FM
128
Family Management
New York
| – | -$96K | -935 | Closed |
|
|
MWP
129
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| – | -$48K | -469 | Closed |
|
|
SFSIG
130
San Francisco Sentry Investment Group
San Francisco,
California
| – | -$28K | -270 | Closed |
|
|
PA
131
Parallel Advisors
San Francisco,
California
| – | -$26K | -250 | Closed |
|
|
CAC
132
Certified Advisory Corp
Altamonte Springs,
Florida
| – | -$13K | -129 | Closed |
|
|
CG
133
Cutler Group
San Francisco,
California
| – | -$9.88K | -100 | Closed |
|
134
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$11K | -99 | Closed |
|
|
CAL
135
Capital Analysts LLC
Fort Washington,
Pennsylvania
| – | -$4K | -35 | Closed |
|
|
TI
136
tru Independence
Portland,
Oregon
| – | -$1K | -13 | Closed |
|
GXC Hedge Fund Activity: Q1 2020 in Review
115 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P China ETF (GXC) for Q1 2020, worth a combined $399M — down 10% from $445M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of GXC and 15 opened new positions — a net loss of 9 holders — while 41 trimmed existing stakes and 23 added.
The largest buyer was Jane Street, opening a new position worth an estimated $12.4M. The largest seller was Bank of America, cutting an estimated $6.7M.
- 115 institutional investors held State Street SPDR S&P China ETF (GXC) as of Q1 2020, down from 126 in Q4 2019.
- Funds reported $399M of State Street SPDR S&P China ETF stock for Q1 2020, down 10% quarter-over-quarter.
- 15 funds opened new State Street SPDR S&P China ETF positions in Q1 2020 and 24 closed out, a net change of -9 holders.
- The largest State Street SPDR S&P China ETF buyer in Q1 2020 was Jane Street, an estimated $12.4M added.
- The largest State Street SPDR S&P China ETF seller in Q1 2020 was Bank of America, an estimated $6.7M sold.
Based on aggregated 13F filings for Q1 2020.