State Street Materials Select Sector SPDR ETF
311 hedge funds and large institutions have $4.71B invested in State Street Materials Select Sector SPDR ETF in 2014 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 125 increasing their positions, 103 reducing their positions, and 33 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 103
16.7% more ownership
Funds ownership: 169.25% → 185.96% (+17%)
4% less capital invested
Capital invested by funds: $4.92B → $4.71B (-$211M)
2% less funds holding
Funds holding: 318 → 311 (-7)
5% less funds holding in top 10
Funds holding in top 10: 22 → 21 (-1)
12% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 33
55% less call options, than puts
Call options by funds: $428M | Put options by funds: $956M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$107M |
| 2 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$99.8M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$70.2M |
| 4 |
EA
Euclid Advisors
Hartford,
Connecticut
|
+$52.7M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$31.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$100M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$76.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$42.4M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$36.2M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$35.9M |
XLB Hedge Fund Activity: Q3 2014 in Review
311 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in State Street Materials Select Sector SPDR ETF (XLB) for Q3 2014, worth a combined $4.71B — down 4.3% from $4.92B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of XLB and 29 opened new positions — a net loss of 4 holders — while 103 trimmed existing stakes and 125 added.
The largest buyer was Goldman Sachs, adding an estimated $107M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $100M.
- 311 institutional investors held State Street Materials Select Sector SPDR ETF (XLB) as of Q3 2014, down from 318 in Q2 2014.
- Funds reported $4.71B of State Street Materials Select Sector SPDR ETF stock for Q3 2014, down 4.3% quarter-over-quarter.
- 29 funds opened new State Street Materials Select Sector SPDR ETF positions in Q3 2014 and 33 closed out, a net change of -4 holders.
- The largest State Street Materials Select Sector SPDR ETF buyer in Q3 2014 was Goldman Sachs, an estimated $107M added.
- The largest State Street Materials Select Sector SPDR ETF seller in Q3 2014 was BNP Paribas Financial Markets, an estimated $100M sold.
Based on aggregated 13F filings for Q3 2014.