State Street SPDR S&P Health Care Equipment ETF
XHE
107 hedge funds and large institutions have $199M invested in State Street SPDR S&P Health Care Equipment ETF in 2023 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 16 increasing their positions, 41 reducing their positions, and 21 closing their positions.
168% more call options, than puts
Call options by funds: $461K | Put options by funds: $172K
3% less funds holding
Funds holding: 110 → 107 (-3)
14% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 21
17.2% less ownership
Funds ownership: 66.44% → 49.24% (-17%)
49% less capital invested
Capital invested by funds: $391M → $199M (-$192M)
61% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 41
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
+$2.97M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.7M |
| 3 |
Millennium Management
New York
|
+$1.33M |
| 4 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$1.1M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$752K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$73.1M |
| 2 |
DI
DFPG Investments
Sandy,
Utah
|
-$30.3M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$9.06M |
| 4 |
Morgan Stanley
New York
|
-$7.72M |
| 5 |
JP Morgan Chase
New York
|
-$4.49M |
XHE Hedge Fund Activity: Q3 2023 in Review
107 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Health Care Equipment ETF (XHE) for Q3 2023, worth a combined $199M — down 49% from $391M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of XHE and 18 opened new positions — a net loss of 3 holders — while 41 trimmed existing stakes and 16 added.
The largest buyer was Financial Advocates Investment Management, opening a new position worth an estimated $2.97M. The largest seller was Phoenix Financial, cutting an estimated $73.1M.
- 107 institutional investors held State Street SPDR S&P Health Care Equipment ETF (XHE) as of Q3 2023, down from 110 in Q2 2023.
- Funds reported $199M of State Street SPDR S&P Health Care Equipment ETF stock for Q3 2023, down 49% quarter-over-quarter.
- 18 funds opened new State Street SPDR S&P Health Care Equipment ETF positions in Q3 2023 and 21 closed out, a net change of -3 holders.
- The largest State Street SPDR S&P Health Care Equipment ETF buyer in Q3 2023 was Financial Advocates Investment Management, an estimated $2.97M added.
- The largest State Street SPDR S&P Health Care Equipment ETF seller in Q3 2023 was Phoenix Financial, an estimated $73.1M sold.
Based on aggregated 13F filings for Q3 2023.