State Street SPDR S&P Homebuilders ETF
141 hedge funds and large institutions have $1.12B invested in State Street SPDR S&P Homebuilders ETF in 2013 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 30 increasing their positions, 57 reducing their positions, and 21 closing their positions.
90% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 21
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
15% more funds holding
Funds holding: 123 → 141 (+18)
4.37% less ownership
Funds ownership: 59.87% → 55.5% (-4.4%)
6% less capital invested
Capital invested by funds: $1.19B → $1.12B (-$70.1M)
33% less call options, than puts
Call options by funds: $310M | Put options by funds: $465M
47% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Marketfield Asset Management
New York
|
+$44.9M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$11.1M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$9.32M |
| 4 |
HF
Hoxton Financial
Shepherdstown,
West Virginia
|
+$8.27M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$7.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$90.7M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$33.8M |
| 3 |
Morgan Stanley
New York
|
-$31.8M |
| 4 |
CANY
Caxton Associates (New York)
New York
|
-$22.9M |
| 5 |
Bank of New York Mellon
New York
|
-$19.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Walleye Trading
New York
| – | -$1.17M | -37,663 | Closed |
|
|
PAMU
152
Pictet Asset Management (UK)
London,
United Kingdom
| – | -$1M | -32,700 | Closed |
|
|
CII
153
CR Intrinsic Investors
Stamford,
Connecticut
| – | -$764K | -25,000 | Closed |
|
|
DS
154
DRW Securities
Chicago,
Illinois
| – | -$636K | -20,503 | Closed |
|
|
FNYS
155
First New York Securities
New York
| – | -$612K | -20,000 | Closed |
|
|
ICOA
156
Investment Centers of America
Bismarck,
North Dakota
| – | -$377K | -12,279 | Closed |
|
157
Two Sigma Advisers
New York
| – | -$300K | -9,820 | Closed |
|
|
PG
158
PEAK6 Group
Chicago,
Illinois
| – | -$111K | -7,238 | Closed |
|
|
SIA
159
SeaBridge Investment Advisors
Summit,
New Jersey
| – | -$99K | -3,220 | Closed |
|
160
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$31K | -1,000 | Closed |
|
|
TRCT
161
Tower Research Capital (TRC)
New York
| – | -$31K | -1,000 | Closed |
|
|
PAS
162
Partnervest Advisory Services
Santa Barbara,
California
| – | -$4K | -140 | Closed |
|
XHB Hedge Fund Activity: Q4 2013 in Review
141 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Homebuilders ETF (XHB) for Q4 2013, worth a combined $1.12B — down 5.9% from $1.19B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new XHB positions and 21 closed out — a net gain of 19 holders — while 30 added to existing stakes and 57 trimmed.
The largest buyer was Marketfield Asset Management, adding an estimated $44.9M. The largest seller was Citigroup, cutting an estimated $90.7M.
- 141 institutional investors held State Street SPDR S&P Homebuilders ETF (XHB) as of Q4 2013, up from 123 in Q3 2013.
- Funds reported $1.12B of State Street SPDR S&P Homebuilders ETF stock for Q4 2013, down 5.9% quarter-over-quarter.
- 40 funds opened new State Street SPDR S&P Homebuilders ETF positions in Q4 2013 and 21 closed out, a net change of +19 holders.
- The largest State Street SPDR S&P Homebuilders ETF buyer in Q4 2013 was Marketfield Asset Management, an estimated $44.9M added.
- The largest State Street SPDR S&P Homebuilders ETF seller in Q4 2013 was Citigroup, an estimated $90.7M sold.
Based on aggregated 13F filings for Q4 2013.