State Street SPDR S&P Homebuilders ETF
142 hedge funds and large institutions have $814M invested in State Street SPDR S&P Homebuilders ETF in 2016 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 43 increasing their positions, 49 reducing their positions, and 33 closing their positions.
5% less funds holding
Funds holding: 149 → 142 (-7)
12% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 49
21% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 33
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
35% less call options, than puts
Call options by funds: $92.6M | Put options by funds: $143M
40% less capital inflows, than outflows
Capital inflows: $200M | Capital outflows: $333M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$80.1M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$25.6M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$9.9M |
| 4 |
VanEck Associates
New York
|
+$9.9M |
| 5 |
CC
Coastland Capital
Palo Alto,
California
|
+$9.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$93.4M |
| 2 |
Moore Capital Management
New York
|
-$50.8M |
| 3 |
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$49.7M |
| 4 |
SG Americas Securities
New York
|
-$19.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$11.3M |
XHB Hedge Fund Activity: Q2 2016 in Review
142 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Homebuilders ETF (XHB) for Q2 2016, worth a combined $814M — down 15% from $954M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of XHB and 26 opened new positions — a net loss of 7 holders — while 49 trimmed existing stakes and 43 added.
The largest buyer was Morgan Stanley, adding an estimated $80.1M. The largest seller was Migdal Insurance & Financial Holdings, cutting an estimated $93.4M.
- 142 institutional investors held State Street SPDR S&P Homebuilders ETF (XHB) as of Q2 2016, down from 149 in Q1 2016.
- Funds reported $814M of State Street SPDR S&P Homebuilders ETF stock for Q2 2016, down 15% quarter-over-quarter.
- 26 funds opened new State Street SPDR S&P Homebuilders ETF positions in Q2 2016 and 33 closed out, a net change of -7 holders.
- The largest State Street SPDR S&P Homebuilders ETF buyer in Q2 2016 was Morgan Stanley, an estimated $80.1M added.
- The largest State Street SPDR S&P Homebuilders ETF seller in Q2 2016 was Migdal Insurance & Financial Holdings, an estimated $93.4M sold.
Based on aggregated 13F filings for Q2 2016.