State Street Materials Select Sector SPDR ETF
306 hedge funds and large institutions have $2.43B invested in State Street Materials Select Sector SPDR ETF in 2014 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 86 increasing their positions, 122 reducing their positions, and 63 closing their positions.
3% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 63
2% less funds holding
Funds holding: 311 → 306 (-5)
12% less call options, than puts
Call options by funds: $960M | Put options by funds: $1.09B
17.68% less ownership
Funds ownership: 185.96% → 168.27% (-18%)
30% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 122
48% less capital invested
Capital invested by funds: $4.71B → $2.43B (-$2.28B)
57% less funds holding in top 10
Funds holding in top 10: 21 → 9 (-12)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$75.9M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$29.5M |
| 3 |
MB
Mizuho Bank
Tokyo,
Japan
|
+$19.3M |
| 4 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$17.2M |
| 5 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EA
Euclid Advisors
Hartford,
Connecticut
|
-$559M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$364M |
| 3 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
-$193M |
| 4 |
Goldman Sachs
New York
|
-$147M |
| 5 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$96.7M |
XLB Hedge Fund Activity: Q4 2014 in Review
306 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in State Street Materials Select Sector SPDR ETF (XLB) for Q4 2014, worth a combined $2.43B — down 48% from $4.71B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of XLB and 61 opened new positions — a net loss of 2 holders — while 122 trimmed existing stakes and 86 added.
The largest buyer was Deutsche Bank, adding an estimated $75.9M. The largest seller was Euclid Advisors, exiting entirely with an estimated $559M sold.
- 306 institutional investors held State Street Materials Select Sector SPDR ETF (XLB) as of Q4 2014, down from 311 in Q3 2014.
- Funds reported $2.43B of State Street Materials Select Sector SPDR ETF stock for Q4 2014, down 48% quarter-over-quarter.
- 61 funds opened new State Street Materials Select Sector SPDR ETF positions in Q4 2014 and 63 closed out, a net change of -2 holders.
- The largest State Street Materials Select Sector SPDR ETF buyer in Q4 2014 was Deutsche Bank, an estimated $75.9M added.
- The largest State Street Materials Select Sector SPDR ETF seller in Q4 2014 was Euclid Advisors, an estimated $559M sold.
Based on aggregated 13F filings for Q4 2014.