State Street SPDR S&P China ETF
GXC
91 hedge funds and large institutions have $266M invested in State Street SPDR S&P China ETF in 2013 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 19 increasing their positions, 32 reducing their positions, and 8 closing their positions.
175% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 8
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
15% more funds holding
Funds holding: 79 → 91 (+12)
3.63% less ownership
Funds ownership: 33.31% → 29.68% (-3.6%)
7% less capital invested
Capital invested by funds: $287M → $266M (-$20.6M)
41% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 32
84% less call options, than puts
Call options by funds: $44K | Put options by funds: $267K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$15.6M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$8.41M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.2M |
| 4 |
Jane Street
New York
|
+$5.9M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$3.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$35.8M |
| 2 |
Citigroup
New York
|
-$35M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$10.8M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.36M |
| 5 |
KFC
Klingenstein Fields & Co
New York
|
-$6.97M |
GXC Hedge Fund Activity: Q3 2013 in Review
91 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P China ETF (GXC) for Q3 2013, worth a combined $266M — down 7.2% from $287M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new GXC positions and 8 closed out — a net gain of 14 holders — while 19 added to existing stakes and 32 trimmed.
The largest buyer was Clark Capital Management Group, opening a new position worth an estimated $15.6M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $35.8M sold.
- 91 institutional investors held State Street SPDR S&P China ETF (GXC) as of Q3 2013, up from 79 in Q2 2013.
- Funds reported $266M of State Street SPDR S&P China ETF stock for Q3 2013, down 7.2% quarter-over-quarter.
- 22 funds opened new State Street SPDR S&P China ETF positions in Q3 2013 and 8 closed out, a net change of +14 holders.
- The largest State Street SPDR S&P China ETF buyer in Q3 2013 was Clark Capital Management Group, an estimated $15.6M added.
- The largest State Street SPDR S&P China ETF seller in Q3 2013 was JP Morgan Chase, an estimated $35.8M sold.
Based on aggregated 13F filings for Q3 2013.