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State Street SPDR S&P Biotech ETF

131 hedge funds and large institutions have $1.62B invested in State Street SPDR S&P Biotech ETF in 2014 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 45 increasing their positions, 46 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 12

59% more call options, than puts

Call options by funds: $142M | Put options by funds: $89.2M

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

33% more capital invested

Capital invested by funds: $1.22B → $1.62B (+$399M)

26.63% more ownership

Funds ownership: 360.81%387.44% (+27%)

7% more funds holding

Funds holding: 122131 (+9)

2% less repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 46

Holders
131
Holders Change
+9
Holders Change %
+7.38%
% of All Funds
3.78%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.12%
New
21
Increased
45
Reduced
46
Closed
12
Calls
$142M
Puts
$89.2M
Net Calls
+$52.9M
Net Calls Change
+$18.1M
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
1
JP Morgan Chase
New York
$321M +$119K +2,316 +0%
Goldman Sachs
2
Goldman Sachs
New York
$286M +$64.2M +1,253,238 +26%
Morgan Stanley
3
Morgan Stanley
New York
$194M +$1.93M +37,719 +0.9%
Mirae Asset Global Investments
4
Mirae Asset Global Investments
South Korea
$105M +$79.1M +1,544,862 +234%
CS
5
Credit Suisse
Switzerland
$101M +$103M +2,015,463 +1,926%
Citigroup
6
Citigroup
New York
$76.6M -$2.93M -57,153 -3%
Wells Fargo
7
Wells Fargo
California
$59.4M +$311K +6,081 +0.5%
Susquehanna International Group
8
Susquehanna International Group
Pennsylvania
$50.1M +$47.5M +927,951 +726%
Bank of America
9
Bank of America
North Carolina
$50.1M +$17.2M +336,534 +47%
State of Wisconsin Investment Board
10
State of Wisconsin Investment Board
Wisconsin
$31.3M +$4.61M +90,000 +16%
U
11
UBS
Switzerland
$24.6M +$3.39M +66,258 +15%
Deutsche Bank
12
Deutsche Bank
Germany
$24.5M +$2.72M +53,094 +11%
Barclays
13
Barclays
United Kingdom
$23.8M -$17.2M -336,561 -40%
PVH
14
Psagot Value Holdings
Israel
$18.9M -$1.48M -28,947 -7%
LPL Financial
15
LPL Financial
California
$15.1M +$706K +13,785 +5%
LRPA
16
L. Roy Papp & Associates
Arizona
$14.6M -$2.32M -45,381 -13%
QIM
17
Quantitative Investment Management
Virginia
$12.8M +$13.8M +270,300 New
FMI
18
Factory Mutual Insurance
Massachusetts
$10.4M
WMSA
19
Weiss Multi-Strategy Advisers
New York
$10.4M +$11.2M +218,910 New
RJA
20
Raymond James & Associates
Florida
$10.4M -$4.64M -90,696 -29%
JMPWA
21
JP Morgan Private Wealth Advisors
California
$10.1M +$451K +8,805 +4%
HF
22
Hoxton Financial
West Virginia
$9.53M -$2.35M -45,981 -19%
MG
23
Mather Group
Illinois
$9.2M -$1.97M -38,562 -17%
Chevy Chase Trust
24
Chevy Chase Trust
Maryland
$6.78M -$951K -18,585 -12%
GF
25
Goodman Financial
Texas
$6.25M -$84.5K -1,650 -1%

XBI Hedge Fund Activity: Q1 2014 in Review

131 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Biotech ETF (XBI) for Q1 2014, worth a combined $1.62B — up 33% from $1.22B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new XBI positions and 12 closed out — a net gain of 9 holders — while 45 added to existing stakes and 46 trimmed.

The largest buyer was Credit Suisse, adding an estimated $103M. The largest seller was Barclays, cutting an estimated $17.2M.

  • 131 institutional investors held State Street SPDR S&P Biotech ETF (XBI) as of Q1 2014, up from 122 in Q4 2013.
  • Funds reported $1.62B of State Street SPDR S&P Biotech ETF stock for Q1 2014, up 33% quarter-over-quarter.
  • 21 funds opened new State Street SPDR S&P Biotech ETF positions in Q1 2014 and 12 closed out, a net change of +9 holders.
  • The largest State Street SPDR S&P Biotech ETF buyer in Q1 2014 was Credit Suisse, an estimated $103M added.
  • The largest State Street SPDR S&P Biotech ETF seller in Q1 2014 was Barclays, an estimated $17.2M sold.

Based on aggregated 13F filings for Q1 2014.