State Street SPDR S&P China ETF
GXC
78 hedge funds and large institutions have $355M invested in State Street SPDR S&P China ETF in 2016 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 29 reducing their positions, and 19 closing their positions.
28,534% more call options, than puts
Call options by funds: $10M | Put options by funds: $35K
1.12% less ownership
Funds ownership: 49.56% → 48.44% (-1.1%)
14% less funds holding
Funds holding: 91 → 78 (-13)
18% less capital invested
Capital invested by funds: $433M → $355M (-$78.1M)
24% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 29
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
63% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$14.4M |
| 2 |
Jane Street
New York
|
+$9.68M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.79M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$4.52M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
-$30.8M |
| 2 |
Morgan Stanley
New York
|
-$26.9M |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$6.42M |
| 4 |
Goldman Sachs
New York
|
-$4.97M |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$3M |
GXC Hedge Fund Activity: Q1 2016 in Review
78 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P China ETF (GXC) for Q1 2016, worth a combined $355M — down 18% from $433M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of GXC and 7 opened new positions — a net loss of 12 holders — while 29 trimmed existing stakes and 22 added.
The largest buyer was AssetMark Inc, adding an estimated $14.4M. The largest seller was Provida Pension Fund Administrator, cutting an estimated $30.8M.
- 78 institutional investors held State Street SPDR S&P China ETF (GXC) as of Q1 2016, down from 91 in Q4 2015.
- Funds reported $355M of State Street SPDR S&P China ETF stock for Q1 2016, down 18% quarter-over-quarter.
- 7 funds opened new State Street SPDR S&P China ETF positions in Q1 2016 and 19 closed out, a net change of -12 holders.
- The largest State Street SPDR S&P China ETF buyer in Q1 2016 was AssetMark Inc, an estimated $14.4M added.
- The largest State Street SPDR S&P China ETF seller in Q1 2016 was Provida Pension Fund Administrator, an estimated $30.8M sold.
Based on aggregated 13F filings for Q1 2016.