State Street SPDR S&P Homebuilders ETF
153 hedge funds and large institutions have $551M invested in State Street SPDR S&P Homebuilders ETF in 2019 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 33 increasing their positions, 56 reducing their positions, and 27 closing their positions.
53% more call options, than puts
Call options by funds: $275M | Put options by funds: $179M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
0% more funds holding
Funds holding: 153 → 153 (0)
0% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 27
16% less capital invested
Capital invested by funds: $660M → $551M (-$109M)
17.16% less ownership
Funds ownership: 97.93% → 80.77% (-17%)
41% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$27.2M |
| 2 |
Morgan Stanley
New York
|
+$12.6M |
| 3 |
Twin Tree Management
Dallas,
Texas
|
+$11.8M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$6.14M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$4.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$23.7M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$23.4M |
| 3 |
N
Natixis
Paris,
France
|
-$21.1M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$21M |
| 5 |
MTWSIF
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
|
-$20.7M |
XHB Hedge Fund Activity: Q3 2019 in Review
153 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Homebuilders ETF (XHB) for Q3 2019, worth a combined $551M — down 16% from $660M a quarter earlier.
Fund positioning in XHB was balanced in Q3 2019: 27 funds opened new positions, 27 closed out, 33 added to existing stakes and 56 trimmed.
The largest buyer was Bank of America, adding an estimated $27.2M. The largest seller was Discovery Capital Management, exiting entirely with an estimated $23.7M sold.
- 153 institutional investors held State Street SPDR S&P Homebuilders ETF (XHB) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $551M of State Street SPDR S&P Homebuilders ETF stock for Q3 2019, down 16% quarter-over-quarter.
- 27 funds opened new State Street SPDR S&P Homebuilders ETF positions in Q3 2019 and 27 closed out, a net change of 0 holders.
- The largest State Street SPDR S&P Homebuilders ETF buyer in Q3 2019 was Bank of America, an estimated $27.2M added.
- The largest State Street SPDR S&P Homebuilders ETF seller in Q3 2019 was Discovery Capital Management, an estimated $23.7M sold.
Based on aggregated 13F filings for Q3 2019.