State Street Materials Select Sector SPDR ETF

XLB

Market cap $8.35B

XLB Hedge Fund Activity: Q3 2019 in Review

445 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in State Street Materials Select Sector SPDR ETF (XLB) for Q3 2019, worth a combined $3.9B — down 5.9% from $4.14B a quarter earlier.

Sellers outnumbered buyers: 59 funds closed out of XLB and 47 opened new positions — a net loss of 12 holders — while 205 trimmed existing stakes and 114 added.

The largest buyer was Morgan Stanley, adding an estimated $128M. The largest seller was Barclays, cutting an estimated $137M.

• 445 institutional investors held State Street Materials Select Sector SPDR ETF (XLB) as of Q3 2019, down from 462 in Q2 2019.
• Funds reported $3.9B of State Street Materials Select Sector SPDR ETF stock for Q3 2019, down 5.9% quarter-over-quarter.
• 47 funds opened new State Street Materials Select Sector SPDR ETF positions in Q3 2019 and 59 closed out, a net change of -12 holders.
• The largest State Street Materials Select Sector SPDR ETF buyer in Q3 2019 was Morgan Stanley, an estimated $128M added.
• The largest State Street Materials Select Sector SPDR ETF seller in Q3 2019 was Barclays, an estimated $137M sold.

Based on aggregated 13F filings for Q3 2019.