State Street Materials Select Sector SPDR ETF
797 hedge funds and large institutions have $4.2B invested in State Street Materials Select Sector SPDR ETF in 2023 Q4 according to their latest regulatory filings, with 138 funds opening new positions, 239 increasing their positions, 288 reducing their positions, and 70 closing their positions.
97% more first-time investments, than exits
New positions opened: 138 | Existing positions closed: 70
9.37% more ownership
Funds ownership: 156.54% → 165.91% (+9.4%)
9% more funds holding
Funds holding: 734 → 797 (+63)
6% more capital invested
Capital invested by funds: $3.96B → $4.2B (+$240M)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
17% less repeat investments, than reductions
Existing positions increased: 239 | Existing positions reduced: 288
24% less call options, than puts
Call options by funds: $3.22B | Put options by funds: $4.21B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$161M |
| 2 |
Barclays
London,
United Kingdom
|
+$31.9M |
| 3 |
FMI
Factory Mutual Insurance
Waltham,
Massachusetts
|
+$29.3M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$28.1M |
| 5 |
Squarepoint
New York
|
+$27.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$199M |
| 2 |
CM
Churchill Management
Los Angeles,
California
|
-$64.6M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$42.2M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$37.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$29.9M |
XLB Hedge Fund Activity: Q4 2023 in Review
797 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in State Street Materials Select Sector SPDR ETF (XLB) for Q4 2023, worth a combined $4.2B — up 6.1% from $3.96B a quarter earlier.
Buyers outnumbered sellers: 138 funds opened new XLB positions and 70 closed out — a net gain of 68 holders — while 239 added to existing stakes and 288 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $161M. The largest seller was CIBC World Market, exiting entirely with an estimated $199M sold.
- 797 institutional investors held State Street Materials Select Sector SPDR ETF (XLB) as of Q4 2023, up from 734 in Q3 2023.
- Funds reported $4.2B of State Street Materials Select Sector SPDR ETF stock for Q4 2023, up 6.1% quarter-over-quarter.
- 138 funds opened new State Street Materials Select Sector SPDR ETF positions in Q4 2023 and 70 closed out, a net change of +68 holders.
- The largest State Street Materials Select Sector SPDR ETF buyer in Q4 2023 was Morgan Stanley, an estimated $161M added.
- The largest State Street Materials Select Sector SPDR ETF seller in Q4 2023 was CIBC World Market, an estimated $199M sold.
Based on aggregated 13F filings for Q4 2023.