State Street SPDR FactSet Innovative Technology ETF
XITK
24 hedge funds and large institutions have $13.9M invested in State Street SPDR FactSet Innovative Technology ETF in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 6 closing their positions.
4.72% less ownership
Funds ownership: 25.21% → 20.49% (-4.7%)
11% less funds holding
Funds holding: 27 → 24 (-3)
21% less capital invested
Capital invested by funds: $17.7M → $13.9M (-$3.74M)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.43M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
+$398K |
| 3 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$343K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$309K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$152K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.46M |
| 2 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
-$991K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$578K |
| 4 |
Jane Street
New York
|
-$380K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$304K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| – | -$578K | -5,109 | Closed |
|
|
27
Jane Street
New York
| – | -$380K | -3,363 | Closed |
|
|
28
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$304K | -2,686 | Closed |
|
|
PG
29
Patten Group
Chattanooga,
Tennessee
| – | -$224K | -1,979 | Closed |
|
|
WWM
30
WJ Wealth Management
Glendale,
Arizona
| – | -$213K | -1,880 | Closed |
|
|
IFWM
31
Institute for Wealth Management
Denver,
Colorado
| – | -$12K | -105 | Closed |
|
XITK Hedge Fund Activity: Q1 2020 in Review
24 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR FactSet Innovative Technology ETF (XITK) for Q1 2020, worth a combined $13.9M — down 21% from $17.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of XITK and 4 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 5 added.
The largest buyer was LPL Financial, adding an estimated $1.43M. The largest seller was Raymond James & Associates, cutting an estimated $2.46M.
- 24 institutional investors held State Street SPDR FactSet Innovative Technology ETF (XITK) as of Q1 2020, down from 27 in Q4 2019.
- Funds reported $13.9M of State Street SPDR FactSet Innovative Technology ETF stock for Q1 2020, down 21% quarter-over-quarter.
- 4 funds opened new State Street SPDR FactSet Innovative Technology ETF positions in Q1 2020 and 6 closed out, a net change of -2 holders.
- The largest State Street SPDR FactSet Innovative Technology ETF buyer in Q1 2020 was LPL Financial, an estimated $1.43M added.
- The largest State Street SPDR FactSet Innovative Technology ETF seller in Q1 2020 was Raymond James & Associates, an estimated $2.46M sold.
Based on aggregated 13F filings for Q1 2020.