State Street SPDR S&P Aerospace & Defense ETF
183 hedge funds and large institutions have $339M invested in State Street SPDR S&P Aerospace & Defense ETF in 2020 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 58 increasing their positions, 67 reducing their positions, and 60 closing their positions.
165% more call options, than puts
Call options by funds: $868K | Put options by funds: $327K
7.65% less ownership
Funds ownership: 34.4% → 26.76% (-7.6%)
13% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 67
16% less funds holding
Funds holding: 219 → 183 (-36)
49% less capital invested
Capital invested by funds: $664M → $339M (-$325M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
53% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$10.9M |
| 2 |
LFGH
Lee Financial Group Hawaii
Honolulu,
Hawaii
|
+$8.14M |
| 3 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
+$4.5M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$3.77M |
| 5 |
AFA
American Financial Advisors
Marietta,
Georgia
|
+$3.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$45.5M |
| 2 |
Barclays
London,
United Kingdom
|
-$27.3M |
| 3 |
JP Morgan Chase
New York
|
-$23.8M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
-$17.2M |
| 5 |
NEIRG
New England Investment & Retirement Group
North Andover,
Massachusetts
|
-$12.5M |
XAR Hedge Fund Activity: Q1 2020 in Review
183 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Aerospace & Defense ETF (XAR) for Q1 2020, worth a combined $339M — down 49% from $664M a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of XAR and 28 opened new positions — a net loss of 32 holders — while 67 trimmed existing stakes and 58 added.
The largest buyer was PNC Financial Services Group, adding an estimated $10.9M. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $45.5M sold.
- 183 institutional investors held State Street SPDR S&P Aerospace & Defense ETF (XAR) as of Q1 2020, down from 219 in Q4 2019.
- Funds reported $339M of State Street SPDR S&P Aerospace & Defense ETF stock for Q1 2020, down 49% quarter-over-quarter.
- 28 funds opened new State Street SPDR S&P Aerospace & Defense ETF positions in Q1 2020 and 60 closed out, a net change of -32 holders.
- The largest State Street SPDR S&P Aerospace & Defense ETF buyer in Q1 2020 was PNC Financial Services Group, an estimated $10.9M added.
- The largest State Street SPDR S&P Aerospace & Defense ETF seller in Q1 2020 was Raymond James Financial Services Advisors, an estimated $45.5M sold.
Based on aggregated 13F filings for Q1 2020.