State Street SPDR S&P Homebuilders ETF
108 hedge funds and large institutions have $1.28B invested in State Street SPDR S&P Homebuilders ETF in 2014 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 24 increasing their positions, 48 reducing their positions, and 47 closing their positions.
2.57% more ownership
Funds ownership: 91.08% → 93.65% (+2.6%)
22% less funds holding
Funds holding: 139 → 108 (-31)
23% less capital invested
Capital invested by funds: $1.66B → $1.28B (-$375M)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
50% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 48
66% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 47
75% less call options, than puts
Call options by funds: $316M | Put options by funds: $1.26B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$91.1M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$13.7M |
| 3 |
Goldman Sachs
New York
|
+$12.8M |
| 4 |
SG Americas Securities
New York
|
+$12.6M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$96.1M |
| 2 |
MAM
Marketfield Asset Management
New York
|
-$59.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$40.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$23.3M |
| 5 |
LPL Financial
San Diego,
California
|
-$19.5M |
XHB Hedge Fund Activity: Q3 2014 in Review
108 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Homebuilders ETF (XHB) for Q3 2014, worth a combined $1.28B — down 23% from $1.66B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of XHB and 16 opened new positions — a net loss of 31 holders — while 48 trimmed existing stakes and 24 added.
The largest buyer was Credit Suisse, adding an estimated $91.1M. The largest seller was Citigroup, cutting an estimated $96.1M.
- 108 institutional investors held State Street SPDR S&P Homebuilders ETF (XHB) as of Q3 2014, down from 139 in Q2 2014.
- Funds reported $1.28B of State Street SPDR S&P Homebuilders ETF stock for Q3 2014, down 23% quarter-over-quarter.
- 16 funds opened new State Street SPDR S&P Homebuilders ETF positions in Q3 2014 and 47 closed out, a net change of -31 holders.
- The largest State Street SPDR S&P Homebuilders ETF buyer in Q3 2014 was Credit Suisse, an estimated $91.1M added.
- The largest State Street SPDR S&P Homebuilders ETF seller in Q3 2014 was Citigroup, an estimated $96.1M sold.
Based on aggregated 13F filings for Q3 2014.