State Street SPDR S&P China ETF
GXC
81 hedge funds and large institutions have $240M invested in State Street SPDR S&P China ETF in 2023 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 25 reducing their positions, and 9 closing their positions.
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
3% more funds holding
Funds holding: 79 → 81 (+2)
3.08% less ownership
Funds ownership: 32.02% → 28.94% (-3.1%)
28% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 25
38% less capital invested
Capital invested by funds: $389M → $240M (-$149M)
47% less call options, than puts
Call options by funds: $229K | Put options by funds: $429K
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.12M |
| 2 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
+$4.08M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.97M |
| 4 |
ITIM
Indiana Trust & Investment Management
Mishawaka,
Indiana
|
+$2.08M |
| 5 |
PPW
Parcion Private Wealth
Bellevue,
Washington
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VMPIC
Varma Mutual Pension Insurance Co
Helsinki,
Finland
|
-$62.2M |
| 2 |
SG
StoneX Group
New York
|
-$22.9M |
| 3 |
Jane Street
New York
|
-$20.1M |
| 4 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$14.8M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$11.3M |
GXC Hedge Fund Activity: Q3 2023 in Review
81 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P China ETF (GXC) for Q3 2023, worth a combined $240M — down 38% from $389M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new GXC positions and 9 closed out — a net gain of 2 holders — while 18 added to existing stakes and 25 trimmed.
The largest buyer was Wells Fargo, adding an estimated $5.12M. The largest seller was Varma Mutual Pension Insurance Co, cutting an estimated $62.2M.
- 81 institutional investors held State Street SPDR S&P China ETF (GXC) as of Q3 2023, up from 79 in Q2 2023.
- Funds reported $240M of State Street SPDR S&P China ETF stock for Q3 2023, down 38% quarter-over-quarter.
- 11 funds opened new State Street SPDR S&P China ETF positions in Q3 2023 and 9 closed out, a net change of +2 holders.
- The largest State Street SPDR S&P China ETF buyer in Q3 2023 was Wells Fargo, an estimated $5.12M added.
- The largest State Street SPDR S&P China ETF seller in Q3 2023 was Varma Mutual Pension Insurance Co, an estimated $62.2M sold.
Based on aggregated 13F filings for Q3 2023.