State Street Materials Select Sector SPDR ETF
318 hedge funds and large institutions have $4.92B invested in State Street Materials Select Sector SPDR ETF in 2014 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 102 increasing their positions, 129 reducing their positions, and 40 closing their positions.
18% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 40
2% more funds holding
Funds holding: 313 → 318 (+5)
13% less capital invested
Capital invested by funds: $5.65B → $4.92B (-$735M)
19% less funds holding in top 10
Funds holding in top 10: 27 → 22 (-5)
21% less repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 129
44% less call options, than puts
Call options by funds: $493M | Put options by funds: $873M
48.6% less ownership
Funds ownership: 217.85% → 169.25% (-49%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$79.4M |
| 2 |
Goldman Sachs
New York
|
+$76.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$45.6M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$37.2M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$33.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$267M |
| 2 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
-$176M |
| 3 |
EA
Euclid Advisors
Hartford,
Connecticut
|
-$140M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$126M |
| 5 |
Citigroup
New York
|
-$104M |
XLB Hedge Fund Activity: Q2 2014 in Review
318 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in State Street Materials Select Sector SPDR ETF (XLB) for Q2 2014, worth a combined $4.92B — down 13% from $5.65B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new XLB positions and 40 closed out — a net gain of 7 holders — while 102 added to existing stakes and 129 trimmed.
The largest buyer was PNC Financial Services Group, adding an estimated $79.4M. The largest seller was Commerzbank Aktiengesellschaft, cutting an estimated $267M.
- 318 institutional investors held State Street Materials Select Sector SPDR ETF (XLB) as of Q2 2014, up from 313 in Q1 2014.
- Funds reported $4.92B of State Street Materials Select Sector SPDR ETF stock for Q2 2014, down 13% quarter-over-quarter.
- 47 funds opened new State Street Materials Select Sector SPDR ETF positions in Q2 2014 and 40 closed out, a net change of +7 holders.
- The largest State Street Materials Select Sector SPDR ETF buyer in Q2 2014 was PNC Financial Services Group, an estimated $79.4M added.
- The largest State Street Materials Select Sector SPDR ETF seller in Q2 2014 was Commerzbank Aktiengesellschaft, an estimated $267M sold.
Based on aggregated 13F filings for Q2 2014.