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.
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: $63.3M → $46.9M (-$16.4M)
73% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIAS
Beacon Investment Advisory Services
Morristown,
New Jersey
|
+$11.2M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.87M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$888K |
| 4 |
KL
KWMG LLC
Overland Park,
Kansas
|
+$698K |
| 5 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$653K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RW
RVW Wealth
Los Angeles,
California
|
-$13.8M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.21M |
| 3 |
MWM
Meridian Wealth Management
Lexington,
Kentucky
|
-$1.16M |
| 4 |
SPL
Smart Portfolios LLC
Seattle,
Washington
|
-$879K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$680K |
XITK Hedge Fund Activity: Q2 2022 in Review
41 of the 5,959 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 $63.3M 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.