State Street SPDR S&P China ETF
GXC
123 hedge funds and large institutions have $512M invested in State Street SPDR S&P China ETF in 2020 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 33 increasing their positions, 32 reducing their positions, and 11 closing their positions.
145% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 11
116% more call options, than puts
Call options by funds: $1.6M | Put options by funds: $742K
26% more capital invested
Capital invested by funds: $407M → $512M (+$105M)
13% more funds holding
Funds holding: 109 → 123 (+14)
3% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 32
8.17% less ownership
Funds ownership: 35.85% → 27.67% (-8.2%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Axa
Paris,
France
|
+$73.7M |
| 2 |
Bank Julius Baer & Co
Zurich,
Switzerland
|
+$22.1M |
| 3 |
VFA
Valeo Financial Advisors
Carmel,
Indiana
|
+$9.96M |
| 4 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$8.37M |
| 5 |
DFG
Delphi Financial Group
Wilmington,
Delaware
|
+$4.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
-$144M |
| 2 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$21.8M |
| 3 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
-$9.57M |
| 4 |
MAM
Madison Asset Management
Madison,
Wisconsin
|
-$5.55M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$2.92M |
GXC Hedge Fund Activity: Q4 2020 in Review
123 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P China ETF (GXC) for Q4 2020, worth a combined $512M — up 26% from $407M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new GXC positions and 11 closed out — a net gain of 16 holders — while 33 added to existing stakes and 32 trimmed.
The largest buyer was Axa, opening a new position worth an estimated $73.7M. The largest seller was Provida Pension Fund Administrator, cutting an estimated $144M.
- 123 institutional investors held State Street SPDR S&P China ETF (GXC) as of Q4 2020, up from 109 in Q3 2020.
- Funds reported $512M of State Street SPDR S&P China ETF stock for Q4 2020, up 26% quarter-over-quarter.
- 27 funds opened new State Street SPDR S&P China ETF positions in Q4 2020 and 11 closed out, a net change of +16 holders.
- The largest State Street SPDR S&P China ETF buyer in Q4 2020 was Axa, an estimated $73.7M added.
- The largest State Street SPDR S&P China ETF seller in Q4 2020 was Provida Pension Fund Administrator, an estimated $144M sold.
Based on aggregated 13F filings for Q4 2020.