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State Street SPDR S&P Biotech ETF

201 hedge funds and large institutions have $2.32B invested in State Street SPDR S&P Biotech ETF in 2016 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 64 increasing their positions, 56 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 34

14% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 56

3% more funds holding

Funds holding: 195201 (+6)

1% more capital invested

Capital invested by funds: $2.3B → $2.32B (+$20.7M)

6.86% less ownership

Funds ownership: 119.02%112.16% (-6.9%)

39% less call options, than puts

Call options by funds: $539M | Put options by funds: $880M

60% less funds holding in top 10

Funds holding in top 10: 52 (-3)

Holders
201
Holders Change
+6
Holders Change %
+3.08%
% of All Funds
5.36%
Holding in Top 10
2
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-60%
% of All Funds
0.05%
New
43
Increased
64
Reduced
56
Closed
34
Calls
$539M
Puts
$880M
Net Calls
-$341M
Net Calls Change
-$69.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$427M -$194M -3,541,330 -31%
Citigroup
2
Citigroup
New York
$312M +$149M +2,724,343 +89%
Morgan Stanley
3
Morgan Stanley
New York
$219M -$145M -2,646,020 -40%
BNP Paribas Financial Markets
4
BNP Paribas Financial Markets
France
$213M +$87.7M +1,599,830 +69%
Bank of America
5
Bank of America
North Carolina
$163M -$33M -601,791 -17%
JP Morgan Chase
6
JP Morgan Chase
New York
$127M -$41.8M -762,989 -25%
UBS Group
7
UBS Group
Switzerland
$113M +$12M +219,558 +12%
CS
8
Credit Suisse
Switzerland
$57M +$1.29M +23,507 +2%
State of Wisconsin Investment Board
9
State of Wisconsin Investment Board
Wisconsin
$54.6M +$3.98M +72,559 +8%
Wells Fargo
10
Wells Fargo
California
$52.4M -$678K -12,382 -1%
O
11
OrbiMed
New York
$40.3M -$12.9M -235,900 -24%
Barclays
12
Barclays
United Kingdom
$36.2M -$15.3M -280,060 -29%
SG Americas Securities
13
SG Americas Securities
New York
$26.6M +$1.77M +32,334 +7%
SG
14
Societe Generale
$26.6M +$27M +492,161 New
RG
15
Redmile Group
California
$26.6M +$26.9M +490,900 New
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$25.5M +$9.73M +177,607 +60%
GC
17
GMT Capital
Georgia
$20.9M +$2.94M +53,700 +16%
HI
18
Honeywell International
North Carolina
$20.6M +$20.8M +380,000 New
Rafferty Asset Management
19
Rafferty Asset Management
New York
$20.2M +$13.4M +244,029 +188%
TCM
20
Tekla Capital Management
Massachusetts
$15.9M
Ameriprise
21
Ameriprise
Minnesota
$15.2M -$417K -7,602 -3%
Thrivent Financial for Lutherans
22
Thrivent Financial for Lutherans
Minnesota
$14.4M +$4.15M +75,660 +40%
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$12M +$255K +4,647 +2%
LPL Financial
24
LPL Financial
California
$11.9M -$14.4M -263,108 -56%
FMI
25
Factory Mutual Insurance
Massachusetts
$11.9M

XBI Hedge Fund Activity: Q2 2016 in Review

201 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Biotech ETF (XBI) for Q2 2016, worth a combined $2.32B — up 0.9% from $2.3B a quarter earlier.

Buyers outnumbered sellers: 43 funds opened new XBI positions and 34 closed out — a net gain of 9 holders — while 64 added to existing stakes and 56 trimmed.

The largest buyer was Citigroup, adding an estimated $149M. The largest seller was Goldman Sachs, cutting an estimated $194M.

  • 201 institutional investors held State Street SPDR S&P Biotech ETF (XBI) as of Q2 2016, up from 195 in Q1 2016.
  • Funds reported $2.32B of State Street SPDR S&P Biotech ETF stock for Q2 2016, up 0.9% quarter-over-quarter.
  • 43 funds opened new State Street SPDR S&P Biotech ETF positions in Q2 2016 and 34 closed out, a net change of +9 holders.
  • The largest State Street SPDR S&P Biotech ETF buyer in Q2 2016 was Citigroup, an estimated $149M added.
  • The largest State Street SPDR S&P Biotech ETF seller in Q2 2016 was Goldman Sachs, an estimated $194M sold.

Based on aggregated 13F filings for Q2 2016.