State Street Materials Select Sector SPDR ETF

XLB

Market cap $8.43B

XLB Hedge Fund Activity: Q1 2022 in Review

790 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in State Street Materials Select Sector SPDR ETF (XLB) for Q1 2022, worth a combined $5.55B — down 6.7% from $5.94B a quarter earlier.

Sellers outnumbered buyers: 106 funds closed out of XLB and 81 opened new positions — a net loss of 25 holders — while 255 trimmed existing stakes and 326 added.

The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), opening a new position worth an estimated $156M. The largest seller was Prudential plc, exiting entirely with an estimated $537M sold.

• 790 institutional investors held State Street Materials Select Sector SPDR ETF (XLB) as of Q1 2022, down from 828 in Q4 2021.
• Funds reported $5.55B of State Street Materials Select Sector SPDR ETF stock for Q1 2022, down 6.7% quarter-over-quarter.
• 81 funds opened new State Street Materials Select Sector SPDR ETF positions in Q1 2022 and 106 closed out, a net change of -25 holders.
• The largest State Street Materials Select Sector SPDR ETF buyer in Q1 2022 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $156M added.
• The largest State Street Materials Select Sector SPDR ETF seller in Q1 2022 was Prudential plc, an estimated $537M sold.

Based on aggregated 13F filings for Q1 2022.