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State Street SPDR FactSet Innovative Technology ETF
XITK

41 hedge funds and large institutions have $46.9M invested in State Street SPDR FactSet Innovative Technology ETF in 2022 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 10

5.91% more ownership

Funds ownership: 30.86% → 36.77% (+5.9%)

21% less funds holding

Funds holding: 52 → 41 (-11)

26% less capital invested

Capital invested by funds: $63M → $46.9M (-$16.2M)

73% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 15

Holders
41
Holders Change
-11
Holders Change %
-21.15%
% of All Funds
0.69%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
4
Increased
14
Reduced
10
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
BIAS
Beacon Investment Advisory Services
New Jersey
+$11.2M
2
LPL Financial
LPL Financial
California
+$3.87M
3
TRCT
Tower Research Capital (TRC)
New York
+$888K
4
KL
KWMG LLC
Kansas
+$698K
5
BAM
Belpointe Asset Management
Nevada
+$653K

Top Sellers

1
RW
RVW Wealth
California
-$13.8M
2
OMC
Old Mission Capital
Illinois
-$1.21M
3
MWM
Meridian Wealth Management
Kentucky
-$1.16M
4
SPL
Smart Portfolios LLC
Washington
-$879K
5
UBS Group
UBS Group
Switzerland
-$680K
Name Holding Trade Value Shares
Change 		Change in
Stake
SIC
26
Salem Investment Counselors
North Carolina
$178K -$1.85K -15 -0.9%
SWM
27
Spire Wealth Management
Virginia
$138K -$296K -2,400 -65%
TFGT
28
TS Financial Group (TSFG)
Illinois
$133K – – –
Rockefeller Capital Management
29
Rockefeller Capital Management
New York
$112K +$129K +1,045 New
Northwestern Mutual Wealth Management
30
Northwestern Mutual Wealth Management
Wisconsin
$43K +$14.9K +121 +44%
Wells Fargo
31
Wells Fargo
California
$28K +$14.4K +117 +77%
KTC
32
Kistler-Tiffany Companies
Pennsylvania
$27K – – –
HI
33
Harbour Investments
Wisconsin
$25K +$28.4K +230 New
CIAS
34
Capital Investment Advisory Services
North Carolina
$22K -$3.09K -25 -11%
Carson Wealth (CWM LLC)
35
Carson Wealth (CWM LLC)
Nebraska
$16K – – –
AF
36
Advisornet Financial
Minnesota
$9K – – –
IRC
37
Investors Research Corp
Georgia
$9K – – –
Morgan Stanley
38
Morgan Stanley
New York
$7K -$1.24K -10 -13%
ADL
39
Asset Dedication LLC
California
$7K – – –
GRP
40
Global Retirement Partners
California
$1K – – –
SPIA
41
Steward Partners Investment Advisory
New York
$1K – – –
RW
42
RVW Wealth
California
– -$13.8M -90,256 Closed
MWM
43
Meridian Wealth Management
Kentucky
– -$1.16M -7,598 Closed
SPL
44
Smart Portfolios LLC
Washington
– -$879K -5,733 Closed
ACM
45
Advisors Capital Management
New Jersey
– -$319K -2,083 Closed
Cambridge Investment Research Advisors
46
Cambridge Investment Research Advisors
Iowa
– -$274K -1,788 Closed
NDSI
47
Newman Dignan & Sheerar Inc
Rhode Island
– -$257 -1,676 Closed
PSF
48
Pacific Sun Financial
California
– -$256K -1,673 Closed
PG
49
Patten Group
Tennessee
– -$249K -1,628 Closed
MCC
50
Money Concepts Capital
Florida
– -$102K -663 Closed
1
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XITK Hedge Fund Activity: Q2 2022 in Review

41 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR FactSet Innovative Technology ETF (XITK) for Q2 2022, worth a combined $46.9M — down 26% from $63M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of XITK and 4 opened new positions — a net loss of 11 holders — while 10 trimmed existing stakes and 14 added.

The largest buyer was Beacon Investment Advisory Services, opening a new position worth an estimated $11.2M. The largest seller was RVW Wealth, exiting entirely with an estimated $13.8M sold.

  • 41 institutional investors held State Street SPDR FactSet Innovative Technology ETF (XITK) as of Q2 2022, down from 52 in Q1 2022.
  • Funds reported $46.9M of State Street SPDR FactSet Innovative Technology ETF stock for Q2 2022, down 26% quarter-over-quarter.
  • 4 funds opened new State Street SPDR FactSet Innovative Technology ETF positions in Q2 2022 and 15 closed out, a net change of -11 holders.
  • The largest State Street SPDR FactSet Innovative Technology ETF buyer in Q2 2022 was Beacon Investment Advisory Services, an estimated $11.2M added.
  • The largest State Street SPDR FactSet Innovative Technology ETF seller in Q2 2022 was RVW Wealth, an estimated $13.8M sold.

Based on aggregated 13F filings for Q2 2022.