State Street SPDR S&P Homebuilders ETF
138 hedge funds and large institutions have $1.66B invested in State Street SPDR S&P Homebuilders ETF in 2014 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 39 increasing their positions, 54 reducing their positions, and 32 closing their positions.
29.09% more ownership
Funds ownership: 61.99% → 91.08% (+29%)
29% more capital invested
Capital invested by funds: $1.29B → $1.66B (+$368M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
5% less funds holding
Funds holding: 146 → 138 (-8)
25% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 32
28% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 54
72% less call options, than puts
Call options by funds: $395M | Put options by funds: $1.39B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Marketfield Asset Management
New York
|
+$116M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$94.3M |
| 3 |
Citigroup
New York
|
+$92.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$41.3M |
| 5 |
Goldman Sachs
New York
|
+$32.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$23.5M |
| 2 |
KCM
Kingdon Capital Management
New York
|
-$12.7M |
| 3 |
CM
Castleark Management
Chicago,
Illinois
|
-$8.38M |
| 4 |
ST
Spot Trading
Chicago,
Illinois
|
-$7.85M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$7.45M |
XHB Hedge Fund Activity: Q2 2014 in Review
138 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Homebuilders ETF (XHB) for Q2 2014, worth a combined $1.66B — up 29% from $1.29B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of XHB and 24 opened new positions — a net loss of 8 holders — while 54 trimmed existing stakes and 39 added.
The largest buyer was Marketfield Asset Management, adding an estimated $116M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $23.5M.
- 138 institutional investors held State Street SPDR S&P Homebuilders ETF (XHB) as of Q2 2014, down from 146 in Q1 2014.
- Funds reported $1.66B of State Street SPDR S&P Homebuilders ETF stock for Q2 2014, up 29% quarter-over-quarter.
- 24 funds opened new State Street SPDR S&P Homebuilders ETF positions in Q2 2014 and 32 closed out, a net change of -8 holders.
- The largest State Street SPDR S&P Homebuilders ETF buyer in Q2 2014 was Marketfield Asset Management, an estimated $116M added.
- The largest State Street SPDR S&P Homebuilders ETF seller in Q2 2014 was BNP Paribas Financial Markets, an estimated $23.5M sold.
Based on aggregated 13F filings for Q2 2014.