State Street SPDR S&P Oil & Gas Equipment & Services ETF
XES
91 hedge funds and large institutions have $154M invested in State Street SPDR S&P Oil & Gas Equipment & Services ETF in 2023 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 28 increasing their positions, 23 reducing their positions, and 21 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 23
14% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 21
3.57% more ownership
Funds ownership: 42.18% → 45.76% (+3.6%)
2% more funds holding
Funds holding: 89 → 91 (+2)
2% less call options, than puts
Call options by funds: $2.06M | Put options by funds: $2.1M
15% less capital invested
Capital invested by funds: $180M → $154M (-$26.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$6.48M |
| 2 |
Goldman Sachs
New York
|
+$5.78M |
| 3 |
Two Sigma Investments
New York
|
+$3.53M |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$3.08M |
| 5 |
Two Sigma Advisers
New York
|
+$3.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$16.8M |
| 2 |
SAS
SMI Advisory Services
Columbus,
Indiana
|
-$7.45M |
| 3 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$4.71M |
| 4 |
Morgan Stanley
New York
|
-$3.75M |
| 5 |
LPL Financial
San Diego,
California
|
-$3.33M |
XES Hedge Fund Activity: Q4 2023 in Review
91 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES) for Q4 2023, worth a combined $154M — down 15% from $180M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new XES positions and 21 closed out — a net gain of 3 holders — while 28 added to existing stakes and 23 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $6.48M. The largest seller was Ameriprise, exiting entirely with an estimated $16.8M sold.
- 91 institutional investors held State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES) as of Q4 2023, up from 89 in Q3 2023.
- Funds reported $154M of State Street SPDR S&P Oil & Gas Equipment & Services ETF stock for Q4 2023, down 15% quarter-over-quarter.
- 24 funds opened new State Street SPDR S&P Oil & Gas Equipment & Services ETF positions in Q4 2023 and 21 closed out, a net change of +3 holders.
- The largest State Street SPDR S&P Oil & Gas Equipment & Services ETF buyer in Q4 2023 was JP Morgan Chase, an estimated $6.48M added.
- The largest State Street SPDR S&P Oil & Gas Equipment & Services ETF seller in Q4 2023 was Ameriprise, an estimated $16.8M sold.
Based on aggregated 13F filings for Q4 2023.