State Street SPDR S&P Health Care Equipment ETF
XHE
89 hedge funds and large institutions have $234M invested in State Street SPDR S&P Health Care Equipment ETF in 2018 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 25 increasing their positions, 28 reducing their positions, and 30 closing their positions.
2.22% less ownership
Funds ownership: 45.87% → 43.65% (-2.2%)
8% less funds holding
Funds holding: 97 → 89 (-8)
11% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 28
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
27% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 30
35% less capital invested
Capital invested by funds: $359M → $234M (-$124M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$38.2M |
| 2 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
+$15M |
| 3 |
PP
Professional Planning
Thousand Oaks,
California
|
+$3.18M |
| 4 |
VF
Virtu Financial
New York
|
+$2.86M |
| 5 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$29M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$18.1M |
| 3 |
PWS
Paragon Wealth Strategies
Jacksonville,
Florida
|
-$15M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$11.8M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$7.16M |
XHE Hedge Fund Activity: Q4 2018 in Review
89 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Health Care Equipment ETF (XHE) for Q4 2018, worth a combined $234M — down 35% from $359M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of XHE and 22 opened new positions — a net loss of 8 holders — while 28 trimmed existing stakes and 25 added.
The largest buyer was JP Morgan Chase, adding an estimated $38.2M. The largest seller was Niemann Capital Management, exiting entirely with an estimated $29M sold.
- 89 institutional investors held State Street SPDR S&P Health Care Equipment ETF (XHE) as of Q4 2018, down from 97 in Q3 2018.
- Funds reported $234M of State Street SPDR S&P Health Care Equipment ETF stock for Q4 2018, down 35% quarter-over-quarter.
- 22 funds opened new State Street SPDR S&P Health Care Equipment ETF positions in Q4 2018 and 30 closed out, a net change of -8 holders.
- The largest State Street SPDR S&P Health Care Equipment ETF buyer in Q4 2018 was JP Morgan Chase, an estimated $38.2M added.
- The largest State Street SPDR S&P Health Care Equipment ETF seller in Q4 2018 was Niemann Capital Management, an estimated $29M sold.
Based on aggregated 13F filings for Q4 2018.