State Street SPDR FactSet Innovative Technology ETF
XITK
40 hedge funds and large institutions have $52.9M invested in State Street SPDR FactSet Innovative Technology ETF in 2020 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 2 closing their positions.
800% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 2
279% more capital invested
Capital invested by funds: $13.9M → $52.9M (+$38.9M)
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
67% more funds holding
Funds holding: 24 → 40 (+16)
14.29% more ownership
Funds ownership: 20.49% → 34.78% (+14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RW
RVW Wealth
Los Angeles,
California
|
+$9.14M |
| 2 |
WWM
WJ Wealth Management
Glendale,
Arizona
|
+$3.73M |
| 3 |
RCS
Retirement Capital Strategies
San Jose,
California
|
+$3.66M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.31M |
| 5 |
VAG
VisionPoint Advisory Group
Dallas,
Texas
|
+$3.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$843K |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
-$216K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$175K |
| 4 |
SIC
Salem Investment Counselors
Winston Salem,
North Carolina
|
-$37.8K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$10.5K |
XITK Hedge Fund Activity: Q2 2020 in Review
40 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR FactSet Innovative Technology ETF (XITK) for Q2 2020, worth a combined $52.9M — up 279% from $13.9M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new XITK positions and 2 closed out — a net gain of 16 holders — while 11 added to existing stakes and 5 trimmed.
The largest buyer was RVW Wealth, opening a new position worth an estimated $9.14M. The largest seller was Citadel Advisors, exiting entirely with an estimated $843K sold.
- 40 institutional investors held State Street SPDR FactSet Innovative Technology ETF (XITK) as of Q2 2020, up from 24 in Q1 2020.
- Funds reported $52.9M of State Street SPDR FactSet Innovative Technology ETF stock for Q2 2020, up 279% quarter-over-quarter.
- 18 funds opened new State Street SPDR FactSet Innovative Technology ETF positions in Q2 2020 and 2 closed out, a net change of +16 holders.
- The largest State Street SPDR FactSet Innovative Technology ETF buyer in Q2 2020 was RVW Wealth, an estimated $9.14M added.
- The largest State Street SPDR FactSet Innovative Technology ETF seller in Q2 2020 was Citadel Advisors, an estimated $843K sold.
Based on aggregated 13F filings for Q2 2020.