State Street SPDR S&P Homebuilders ETF
132 hedge funds and large institutions have $442M invested in State Street SPDR S&P Homebuilders ETF in 2020 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 32 increasing their positions, 39 reducing their positions, and 65 closing their positions.
18% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 39
22.15% less ownership
Funds ownership: 98.52% → 76.37% (-22%)
22% less funds holding
Funds holding: 170 → 132 (-38)
40% less capital invested
Capital invested by funds: $736M → $442M (-$294M)
51% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 65
68% less call options, than puts
Call options by funds: $34.7M | Put options by funds: $107M
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$24.1M |
| 2 |
BPIH
Broad Peak Investment Holdings
Singapore
|
+$23.6M |
| 3 |
MMEA
Main Management ETF Advisors
San Francisco,
California
|
+$22.9M |
| 4 |
JP Morgan Chase
New York
|
+$21M |
| 5 |
ACI
AMP Capital Investors
Sydney,
Australia
|
+$18.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$65.9M |
| 2 |
Barclays
London,
United Kingdom
|
-$42.7M |
| 3 |
Twin Tree Management
Dallas,
Texas
|
-$39.4M |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
-$11.8M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$8.72M |
XHB Hedge Fund Activity: Q1 2020 in Review
132 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Homebuilders ETF (XHB) for Q1 2020, worth a combined $442M — down 40% from $736M a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of XHB and 32 opened new positions — a net loss of 33 holders — while 39 trimmed existing stakes and 32 added.
The largest buyer was Goldman Sachs, adding an estimated $24.1M. The largest seller was Schroder Investment Management Group, exiting entirely with an estimated $65.9M sold.
- 132 institutional investors held State Street SPDR S&P Homebuilders ETF (XHB) as of Q1 2020, down from 170 in Q4 2019.
- Funds reported $442M of State Street SPDR S&P Homebuilders ETF stock for Q1 2020, down 40% quarter-over-quarter.
- 32 funds opened new State Street SPDR S&P Homebuilders ETF positions in Q1 2020 and 65 closed out, a net change of -33 holders.
- The largest State Street SPDR S&P Homebuilders ETF buyer in Q1 2020 was Goldman Sachs, an estimated $24.1M added.
- The largest State Street SPDR S&P Homebuilders ETF seller in Q1 2020 was Schroder Investment Management Group, an estimated $65.9M sold.
Based on aggregated 13F filings for Q1 2020.