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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
NL
426
NVWM LLC
Pennsylvania
$376K -$940K -11,325 -70%
TFF
427
The Family Firm
Maryland
$375K -$9.87K -119 -2%
FWP
428
Firethorn Wealth Partners
Georgia
$375K +$28K +337 +8%
BBHC
429
Brown Brothers Harriman & Co
New York
$374K
SCM
430
SOL Capital Management
Maryland
$372K +$29K +350 +8%
SIG
431
Sargent Investment Group
Maryland
$370K
MIIM
432
Mesirow Institutional Investment Management
Illinois
$367K +$5.81K +70 +1%
ACM
433
Advisors Capital Management
New Jersey
$366K +$35.4K +427 +10%
VWM
434
Venturi Wealth Management
Texas
$364K +$397K +4,780 New
NEPWA
435
New England Private Wealth Advisors
Massachusetts
$362K
FFS
436
Founders Financial Securities
Maryland
$362K +$30.1K +363 +8%
Luther King Capital Management (LKCM)
437
Luther King Capital Management (LKCM)
Texas
$359K
PWM
438
Perigon Wealth Management
California
$355K +$77.2K +930 +25%
LAM
439
LifePro Asset Management
California
$354K
LSA
440
Lion Street Advisors
Texas
$350K +$106K +1,277 +39%
SAM
441
Seelaus Asset Management
New Jersey
$349K +$7.47K +90 +2%
CCG
442
Coastwise Capital Group
California
$339K +$35.7K +430 +11%
UB
443
UMB Bank
Missouri
$333K -$41.5K -500 -10%
CFO
444
Collective Family Office
Pennsylvania
$332K -$164K -1,980 -31%
HG
445
Herbst Group
Connecticut
$324K +$1.66K +20 +0.5%
SS
446
Sound Stewardship
Kansas
$322K -$12.4K -149 -3%
MC
447
Moors & Cabot
Massachusetts
$322K -$4.15K -50 -1%
SCM
448
Stevens Capital Management
Pennsylvania
$320K -$5.13M -61,798 -94%
BCM
449
Bourgeon Capital Management
Connecticut
$318K +$242K +2,917 +232%
AHC
450
Adell Harriman & Carpenter
Texas
$317K -$13.3K -160 -4%

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.