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State Street SPDR S&P Biotech ETF

713 hedge funds and large institutions have $7.23B invested in State Street SPDR S&P Biotech ETF in 2023 Q1 according to their latest regulatory filings, with 76 funds opening new positions, 229 increasing their positions, 237 reducing their positions, and 95 closing their positions.

New
Increased
Maintained
Reduced
Closed

15.89% more ownership

Funds ownership: 94.86%110.75% (+16%)

3% less repeat investments, than reductions

Existing positions increased: 229 | Existing positions reduced: 237

4% less funds holding

Funds holding: 746713 (-33)

12% less capital invested

Capital invested by funds: $8.21B → $7.23B (-$977M)

20% less first-time investments, than exits

New positions opened: 76 | Existing positions closed: 95

26% less funds holding in top 10

Funds holding in top 10: 3123 (-8)

32% less call options, than puts

Call options by funds: $1.15B | Put options by funds: $1.7B

Holders
713
Holders Change
-33
Holders Change %
-4.42%
% of All Funds
11.36%
Holding in Top 10
23
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-25.81%
% of All Funds
0.37%
New
76
Increased
229
Reduced
237
Closed
95
Calls
$1.15B
Puts
$1.7B
Net Calls
-$543M
Net Calls Change
-$894M
Name Holding Trade Value Shares
Change
Change in
Stake
TFA
351
Transamerica Financial Advisors
Florida
$656K +$31.9K +385 +5%
Capstone Investment Advisors
352
Capstone Investment Advisors
New York
$651K +$315K +3,800 +80%
Wealthfront Advisers
353
Wealthfront Advisers
California
$646K +$29.4K +354 +4%
BWP
354
Balboa Wealth Partners
Arizona
$645K +$56.3K +678 +9%
AWA
355
Arkadios Wealth Advisors
Georgia
$642K -$61.4K -740 -8%
BFA
356
Brendel Financial Advisors
New Hampshire
$635K +$16.3K +196 +2%
EWM
357
Evercore Wealth Management
New York
$634K -$868K -10,463 -56%
ML
358
McAdam LLC
Pennsylvania
$620K -$115K -1,385 -15%
AC
359
Avestar Capital
New York
$618K -$22K -265 -3%
TFCP
360
Twin Focus Capital Partners
Massachusetts
$618K +$170K +2,045 +34%
IFWM
361
Institute for Wealth Management
Colorado
$611K -$157K -1,889 -19%
Mercer Global Advisors
362
Mercer Global Advisors
Colorado
$610K -$144K -1,732 -18%
OLVIG
363
Oliver Lagore Vanvalin Investment Group
Michigan
$604K -$1.73M -20,862 -72%
SGCA
364
Steel Grove Capital Advisors
Tennessee
$596K +$448K +5,400 +223%
EP
365
Edgestream Partners
New Jersey
$596K +$649K +7,817 New
AR
366
Advisory Research
Illinois
$595K -$12.3K -148 -2%
GPA
367
Guerra Pan Advisors
New Jersey
$594K -$8.3K -100 -1%
GSIAS
368
Garden State Investment Advisory Services
New Jersey
$592K +$213K +2,563 +49%
PP
369
Patten & Patten
Tennessee
$588K -$19.5K -235 -3%
CG
370
Caprock Group
Idaho
$586K +$5.14K +62 +0.8%
SGM
371
Seven Grand Managers
New York
$572K +$622K +7,500 New
SG
372
StoneX Group
New York
$568K -$9.46K -114 -2%
WIM
373
Westside Investment Management
California
$565K -$8.3K -100 -1%
BFO
374
Boston Family Office
Massachusetts
$554K -$182K -2,195 -23%
SFI
375
SPC Financial Inc
Maryland
$545K +$593K +7,147 New

XBI Hedge Fund Activity: Q1 2023 in Review

713 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Biotech ETF (XBI) for Q1 2023, worth a combined $7.23B — down 12% from $8.21B a quarter earlier.

Sellers outnumbered buyers: 95 funds closed out of XBI and 76 opened new positions — a net loss of 19 holders — while 237 trimmed existing stakes and 229 added.

The largest buyer was JP Morgan Chase, adding an estimated $401M. The largest seller was Moore Capital Management, cutting an estimated $241M.

  • 713 institutional investors held State Street SPDR S&P Biotech ETF (XBI) as of Q1 2023, down from 746 in Q4 2022.
  • Funds reported $7.23B of State Street SPDR S&P Biotech ETF stock for Q1 2023, down 12% quarter-over-quarter.
  • 76 funds opened new State Street SPDR S&P Biotech ETF positions in Q1 2023 and 95 closed out, a net change of -19 holders.
  • The largest State Street SPDR S&P Biotech ETF buyer in Q1 2023 was JP Morgan Chase, an estimated $401M added.
  • The largest State Street SPDR S&P Biotech ETF seller in Q1 2023 was Moore Capital Management, an estimated $241M sold.

Based on aggregated 13F filings for Q1 2023.