State Street SPDR FactSet Innovative Technology ETF
XITK
38 hedge funds and large institutions have $36.4M invested in State Street SPDR FactSet Innovative Technology ETF in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 11 closing their positions.
6% more capital invested
Capital invested by funds: $34.4M → $36.4M (+$2.02M)
0.54% less ownership
Funds ownership: 34.67% → 34.12% (-0.54%)
12% less funds holding
Funds holding: 43 → 38 (-5)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$675K |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$310K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$209K |
| 4 |
LPL Financial
San Diego,
California
|
+$155K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$119K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
-$2.42M |
| 2 |
GLA
Good Life Advisors
Reading,
Pennsylvania
|
-$538K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$524K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$372K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$247K |
XITK Hedge Fund Activity: Q1 2023 in Review
38 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR FactSet Innovative Technology ETF (XITK) for Q1 2023, worth a combined $36.4M — up 5.9% from $34.4M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of XITK and 6 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 7 added.
The largest buyer was Osaic Holdings, adding an estimated $675K. The largest seller was Flagship Harbor Advisors, exiting entirely with an estimated $2.42M sold.
- 38 institutional investors held State Street SPDR FactSet Innovative Technology ETF (XITK) as of Q1 2023, down from 43 in Q4 2022.
- Funds reported $36.4M of State Street SPDR FactSet Innovative Technology ETF stock for Q1 2023, up 5.9% quarter-over-quarter.
- 6 funds opened new State Street SPDR FactSet Innovative Technology ETF positions in Q1 2023 and 11 closed out, a net change of -5 holders.
- The largest State Street SPDR FactSet Innovative Technology ETF buyer in Q1 2023 was Osaic Holdings, an estimated $675K added.
- The largest State Street SPDR FactSet Innovative Technology ETF seller in Q1 2023 was Flagship Harbor Advisors, an estimated $2.42M sold.
Based on aggregated 13F filings for Q1 2023.