State Street SPDR S&P Homebuilders ETF
123 hedge funds and large institutions have $1.19B invested in State Street SPDR S&P Homebuilders ETF in 2013 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 29 increasing their positions, 52 reducing their positions, and 49 closing their positions.
9% more ownership
Funds ownership: 50.86% → 59.87% (+9%)
2% less call options, than puts
Call options by funds: $464M | Put options by funds: $472M
7% less capital invested
Capital invested by funds: $1.29B → $1.19B (-$94M)
18% less funds holding
Funds holding: 150 → 123 (-27)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
44% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 52
53% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$76.7M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$39.1M |
| 3 |
Goldman Sachs
New York
|
+$28.8M |
| 4 |
MAM
Marketfield Asset Management
New York
|
+$23.4M |
| 5 |
Bank of New York Mellon
New York
|
+$19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$85.9M |
| 2 |
CM
Churchill Management
Los Angeles,
California
|
-$55.5M |
| 3 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
-$28.6M |
| 4 |
JP Morgan Chase
New York
|
-$24.9M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$22.1M |
XHB Hedge Fund Activity: Q3 2013 in Review
123 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Homebuilders ETF (XHB) for Q3 2013, worth a combined $1.19B — down 7.3% from $1.29B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of XHB and 23 opened new positions — a net loss of 26 holders — while 52 trimmed existing stakes and 29 added.
The largest buyer was Citigroup, adding an estimated $76.7M. The largest seller was Morgan Stanley, cutting an estimated $85.9M.
- 123 institutional investors held State Street SPDR S&P Homebuilders ETF (XHB) as of Q3 2013, down from 150 in Q2 2013.
- Funds reported $1.19B of State Street SPDR S&P Homebuilders ETF stock for Q3 2013, down 7.3% quarter-over-quarter.
- 23 funds opened new State Street SPDR S&P Homebuilders ETF positions in Q3 2013 and 49 closed out, a net change of -26 holders.
- The largest State Street SPDR S&P Homebuilders ETF buyer in Q3 2013 was Citigroup, an estimated $76.7M added.
- The largest State Street SPDR S&P Homebuilders ETF seller in Q3 2013 was Morgan Stanley, an estimated $85.9M sold.
Based on aggregated 13F filings for Q3 2013.