State Street SPDR S&P Health Care Equipment ETF
XHE
24 hedge funds and large institutions have $42.7M invested in State Street SPDR S&P Health Care Equipment ETF in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
9% more funds holding
Funds holding: 22 → 24 (+2)
41% less capital invested
Capital invested by funds: $72.2M → $42.7M (-$29.5M)
45.89% less ownership
Funds ownership: 103.09% → 57.2% (-46%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$3.26M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.27M |
| 3 |
Morgan Stanley
New York
|
+$2.1M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$904K |
| 5 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
+$713K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$15.6M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$11M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$9.31M |
| 4 |
LPL Financial
San Diego,
California
|
-$866K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$450K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
UCFA
26
United Capital Financial Advisors
Irving,
Texas
| – | -$9.31M | -179,518 | Closed |
|
27
Jane Street
New York
| – | -$408K | -7,871 | Closed |
|
XHE Hedge Fund Activity: Q4 2016 in Review
24 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Health Care Equipment ETF (XHE) for Q4 2016, worth a combined $42.7M — down 41% from $72.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new XHE positions and 4 closed out — a net gain of 3 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $3.26M. The largest seller was Niemann Capital Management, exiting entirely with an estimated $15.6M sold.
- 24 institutional investors held State Street SPDR S&P Health Care Equipment ETF (XHE) as of Q4 2016, up from 22 in Q3 2016.
- Funds reported $42.7M of State Street SPDR S&P Health Care Equipment ETF stock for Q4 2016, down 41% quarter-over-quarter.
- 7 funds opened new State Street SPDR S&P Health Care Equipment ETF positions in Q4 2016 and 4 closed out, a net change of +3 holders.
- The largest State Street SPDR S&P Health Care Equipment ETF buyer in Q4 2016 was HighTower Advisors, an estimated $3.26M added.
- The largest State Street SPDR S&P Health Care Equipment ETF seller in Q4 2016 was Niemann Capital Management, an estimated $15.6M sold.
Based on aggregated 13F filings for Q4 2016.