State Street SPDR S&P Homebuilders ETF
130 hedge funds and large institutions have $1.06B invested in State Street SPDR S&P Homebuilders ETF in 2014 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 26 increasing their positions, 37 reducing their positions, and 16 closing their positions.
156% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 16
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
23% more funds holding
Funds holding: 106 → 130 (+24)
1% more call options, than puts
Call options by funds: $569M | Put options by funds: $564M
18% less capital invested
Capital invested by funds: $1.28B → $1.06B (-$225M)
20.34% less ownership
Funds ownership: 93.63% → 73.29% (-20%)
30% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$66.6M |
| 2 |
Barclays
London,
United Kingdom
|
+$29.3M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$28.6M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$16.3M |
| 5 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$9.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$107M |
| 2 |
MAM
Marketfield Asset Management
New York
|
-$82.6M |
| 3 |
Goldman Sachs
New York
|
-$61.6M |
| 4 |
Citigroup
New York
|
-$60.3M |
| 5 |
FIG
Fortress Investment Group
New York
|
-$39.5M |
XHB Hedge Fund Activity: Q4 2014 in Review
130 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Homebuilders ETF (XHB) for Q4 2014, worth a combined $1.06B — down 18% from $1.28B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new XHB positions and 16 closed out — a net gain of 25 holders — while 26 added to existing stakes and 37 trimmed.
The largest buyer was Bank of America, adding an estimated $66.6M. The largest seller was Credit Suisse, cutting an estimated $107M.
- 130 institutional investors held State Street SPDR S&P Homebuilders ETF (XHB) as of Q4 2014, up from 106 in Q3 2014.
- Funds reported $1.06B of State Street SPDR S&P Homebuilders ETF stock for Q4 2014, down 18% quarter-over-quarter.
- 41 funds opened new State Street SPDR S&P Homebuilders ETF positions in Q4 2014 and 16 closed out, a net change of +25 holders.
- The largest State Street SPDR S&P Homebuilders ETF buyer in Q4 2014 was Bank of America, an estimated $66.6M added.
- The largest State Street SPDR S&P Homebuilders ETF seller in Q4 2014 was Credit Suisse, an estimated $107M sold.
Based on aggregated 13F filings for Q4 2014.