State Street SPDR FactSet Innovative Technology ETF
XITK
42 hedge funds and large institutions have $33.8M invested in State Street SPDR FactSet Innovative Technology ETF in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
45% more capital invested
Capital invested by funds: $23.4M → $33.8M (+$10.5M)
5.17% more ownership
Funds ownership: 23.89% → 29.06% (+5.2%)
5% more funds holding
Funds holding: 40 → 42 (+2)
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.49M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.5M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$407K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$169K |
| 5 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$113K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
-$356K |
| 2 |
SCM
Sage Capital Management
Stockton,
New Jersey
|
-$265K |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$154K |
| 4 |
KFS
Kaizen Financial Strategies
Campbell,
California
|
-$147K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$58.1K |
XITK Hedge Fund Activity: Q1 2024 in Review
42 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR FactSet Innovative Technology ETF (XITK) for Q1 2024, worth a combined $33.8M — up 45% from $23.4M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new XITK positions and 1 closed out — a net gain of 3 holders — while 10 added to existing stakes and 15 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $7.49M. The largest seller was Foundations Investment Advisors, cutting an estimated $356K.
- 42 institutional investors held State Street SPDR FactSet Innovative Technology ETF (XITK) as of Q1 2024, up from 40 in Q4 2023.
- Funds reported $33.8M of State Street SPDR FactSet Innovative Technology ETF stock for Q1 2024, up 45% quarter-over-quarter.
- 4 funds opened new State Street SPDR FactSet Innovative Technology ETF positions in Q1 2024 and 1 closed out, a net change of +3 holders.
- The largest State Street SPDR FactSet Innovative Technology ETF buyer in Q1 2024 was Susquehanna International Group, an estimated $7.49M added.
- The largest State Street SPDR FactSet Innovative Technology ETF seller in Q1 2024 was Foundations Investment Advisors, an estimated $356K sold.
Based on aggregated 13F filings for Q1 2024.