State Street SPDR S&P Homebuilders ETF
XHB
147 hedge funds and large institutions have $953M invested in State Street SPDR S&P Homebuilders ETF in 2016 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 33 increasing their positions, 64 reducing their positions, and 40 closing their positions.
43% more call options, than puts
Call options by funds: $184M | Put options by funds: $129M
5.94% less ownership
Funds ownership: 66.95% → 61.01% (-5.9%)
11% less funds holding
Funds holding: 166 → 147 (-19)
18% less capital invested
Capital invested by funds: $1.16B → $953M (-$202M)
38% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 40
38% less funds holding in top 10
Funds holding in top 10: 13 → 8 (-5)
48% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Moore Capital Management
New York
|
+$46.6M |
| 2 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$45.7M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$11.7M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
+$6.57M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$6.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$57.2M |
| 2 |
Citigroup
New York
|
-$35.1M |
| 3 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
-$31.4M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$19.4M |
| 5 |
KHLMVGHM
Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet
Tel Aviv,
Israel
|
-$15.9M |
XHB Hedge Fund Activity: Q1 2016 in Review
147 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Homebuilders ETF (XHB) for Q1 2016, worth a combined $953M — down 18% from $1.16B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of XHB and 25 opened new positions — a net loss of 15 holders — while 64 trimmed existing stakes and 33 added.
The largest buyer was Moore Capital Management, opening a new position worth an estimated $46.6M. The largest seller was Morgan Stanley, cutting an estimated $57.2M.
- 147 institutional investors held State Street SPDR S&P Homebuilders ETF (XHB) as of Q1 2016, down from 166 in Q4 2015.
- Funds reported $953M of State Street SPDR S&P Homebuilders ETF stock for Q1 2016, down 18% quarter-over-quarter.
- 25 funds opened new State Street SPDR S&P Homebuilders ETF positions in Q1 2016 and 40 closed out, a net change of -15 holders.
- The largest State Street SPDR S&P Homebuilders ETF buyer in Q1 2016 was Moore Capital Management, an estimated $46.6M added.
- The largest State Street SPDR S&P Homebuilders ETF seller in Q1 2016 was Morgan Stanley, an estimated $57.2M sold.
Based on aggregated 13F filings for Q1 2016.