State Street SPDR S&P China ETF
GXC
86 hedge funds and large institutions have $292M invested in State Street SPDR S&P China ETF in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 13 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
43% more capital invested
Capital invested by funds: $204M → $292M (+$87.6M)
5.13% more ownership
Funds ownership: 17.67% → 22.8% (+5.1%)
5% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 22
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
3% less funds holding
Funds holding: 89 → 86 (-3)
47% less call options, than puts
Call options by funds: $239K | Put options by funds: $453K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
+$114M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$2.29M |
| 3 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$1.46M |
| 4 |
Morgan Stanley
New York
|
+$1.18M |
| 5 |
DFG
Delphi Financial Group
Wilmington,
Delaware
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$16.4M |
| 2 |
Jane Street
New York
|
-$9.17M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$6.76M |
| 4 |
NEAM
New England Asset Management
Farmington,
Connecticut
|
-$4.47M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.94M |
GXC Hedge Fund Activity: Q1 2023 in Review
86 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P China ETF (GXC) for Q1 2023, worth a combined $292M — up 43% from $204M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of GXC and 12 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 23 added.
The largest buyer was Provida Pension Fund Administrator, adding an estimated $114M. The largest seller was Bank of America, cutting an estimated $16.4M.
- 86 institutional investors held State Street SPDR S&P China ETF (GXC) as of Q1 2023, down from 89 in Q4 2022.
- Funds reported $292M of State Street SPDR S&P China ETF stock for Q1 2023, up 43% quarter-over-quarter.
- 12 funds opened new State Street SPDR S&P China ETF positions in Q1 2023 and 13 closed out, a net change of -1 holder.
- The largest State Street SPDR S&P China ETF buyer in Q1 2023 was Provida Pension Fund Administrator, an estimated $114M added.
- The largest State Street SPDR S&P China ETF seller in Q1 2023 was Bank of America, an estimated $16.4M sold.
Based on aggregated 13F filings for Q1 2023.