State Street SPDR S&P Homebuilders ETF
150 hedge funds and large institutions have $562M invested in State Street SPDR S&P Homebuilders ETF in 2018 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 25 increasing their positions, 54 reducing their positions, and 26 closing their positions.
73% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 26
14% more funds holding
Funds holding: 132 → 150 (+18)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.45% less ownership
Funds ownership: 105.18% → 104.73% (-0.45%)
30% less capital invested
Capital invested by funds: $798M → $562M (-$236M)
38% less call options, than puts
Call options by funds: $78.5M | Put options by funds: $126M
54% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$16.8M |
| 2 |
Two Sigma Investments
New York
|
+$15.6M |
| 3 |
Citigroup
New York
|
+$15M |
| 4 |
DC
Davenport & Co
Richmond,
Virginia
|
+$10.6M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$9.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$83M |
| 2 |
Morgan Stanley
New York
|
-$80.3M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$13.9M |
| 4 |
Calamos Advisors
Naperville,
Illinois
|
-$13.8M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$11.8M |
XHB Hedge Fund Activity: Q4 2018 in Review
150 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Homebuilders ETF (XHB) for Q4 2018, worth a combined $562M — down 30% from $798M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new XHB positions and 26 closed out — a net gain of 19 holders — while 25 added to existing stakes and 54 trimmed.
The largest buyer was Putnam Investments, opening a new position worth an estimated $16.8M. The largest seller was JP Morgan Chase, cutting an estimated $83M.
- 150 institutional investors held State Street SPDR S&P Homebuilders ETF (XHB) as of Q4 2018, up from 132 in Q3 2018.
- Funds reported $562M of State Street SPDR S&P Homebuilders ETF stock for Q4 2018, down 30% quarter-over-quarter.
- 45 funds opened new State Street SPDR S&P Homebuilders ETF positions in Q4 2018 and 26 closed out, a net change of +19 holders.
- The largest State Street SPDR S&P Homebuilders ETF buyer in Q4 2018 was Putnam Investments, an estimated $16.8M added.
- The largest State Street SPDR S&P Homebuilders ETF seller in Q4 2018 was JP Morgan Chase, an estimated $83M sold.
Based on aggregated 13F filings for Q4 2018.