State Street SPDR S&P Homebuilders ETF
147 hedge funds and large institutions have $768M invested in State Street SPDR S&P Homebuilders ETF in 2017 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 43 increasing their positions, 54 reducing their positions, and 18 closing their positions.
23% more call options, than puts
Call options by funds: $66.8M | Put options by funds: $54.4M
22% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 18
1% more funds holding
Funds holding: 145 → 147 (+2)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
5.69% less ownership
Funds ownership: 77.45% → 71.76% (-5.7%)
11% less capital invested
Capital invested by funds: $867M → $768M (-$98.5M)
20% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$24M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$23.2M |
| 3 |
D.E. Shaw & Co
New York
|
+$5.45M |
| 4 |
KSA
Ken Stern & Associates
San Diego,
California
|
+$5.24M |
| 5 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
+$3.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$35.8M |
| 2 |
Goldman Sachs
New York
|
-$31.1M |
| 3 |
Barclays
London,
United Kingdom
|
-$26.9M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$18.8M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$18.1M |
XHB Hedge Fund Activity: Q1 2017 in Review
147 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Homebuilders ETF (XHB) for Q1 2017, worth a combined $768M — down 11% from $867M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new XHB positions and 18 closed out — a net gain of 4 holders — while 43 added to existing stakes and 54 trimmed.
The largest buyer was Polar Asset Management Partners, opening a new position worth an estimated $24M. The largest seller was Ontario Teachers' Pension Plan Board, cutting an estimated $35.8M.
- 147 institutional investors held State Street SPDR S&P Homebuilders ETF (XHB) as of Q1 2017, up from 145 in Q4 2016.
- Funds reported $768M of State Street SPDR S&P Homebuilders ETF stock for Q1 2017, down 11% quarter-over-quarter.
- 22 funds opened new State Street SPDR S&P Homebuilders ETF positions in Q1 2017 and 18 closed out, a net change of +4 holders.
- The largest State Street SPDR S&P Homebuilders ETF buyer in Q1 2017 was Polar Asset Management Partners, an estimated $24M added.
- The largest State Street SPDR S&P Homebuilders ETF seller in Q1 2017 was Ontario Teachers' Pension Plan Board, an estimated $35.8M sold.
Based on aggregated 13F filings for Q1 2017.