State Street Materials Select Sector SPDR ETF
794 hedge funds and large institutions have $4.78B invested in State Street Materials Select Sector SPDR ETF in 2024 Q1 according to their latest regulatory filings, with 98 funds opening new positions, 235 increasing their positions, 312 reducing their positions, and 89 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 10 → 15 (+5)
14% more capital invested
Capital invested by funds: $4.2B → $4.78B (+$579M)
10% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 89
0% less funds holding
Funds holding: 797 → 794 (-3)
2.05% less ownership
Funds ownership: 165.91% → 163.86% (-2.1%)
25% less repeat investments, than reductions
Existing positions increased: 235 | Existing positions reduced: 312
35% less call options, than puts
Call options by funds: $2.61B | Put options by funds: $3.99B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$249M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$128M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$95.4M |
| 4 |
JP Morgan Chase
New York
|
+$52.7M |
| 5 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
+$32.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$259M |
| 2 |
Barclays
London,
United Kingdom
|
-$67.5M |
| 3 |
Charles Schwab
San Francisco,
California
|
-$61.6M |
| 4 |
Squarepoint
New York
|
-$29.6M |
| 5 |
Millennium Management
New York
|
-$23.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SAM
876
Smartleaf Asset Management
Boston,
Massachusetts
| – | -$1.9K | -44 | Closed |
|
|
CG
877
Cutler Group
San Francisco,
California
| – | -$1.72K | -40 | Closed |
|
|
GWS
878
Glassman Wealth Services
Vienna,
Virginia
| – | -$1.55K | -36 | Closed |
|
|
EC
879
EdgeRock Capital
Denver,
Colorado
| – | -$1.41K | -34 | Closed |
|
|
LF
880
Lee Financial
Dallas,
Texas
| – | -$1.46K | -34 | Closed |
|
|
TVAMP
881
Tennessee Valley Asset Management Partners
Knoxville,
Tennessee
| – | -$1.03K | -24 | Closed |
|
882
Credit Agricole
Montrouge Cedex,
France
| – | -$258 | -6 | Closed |
|
883
Parallax Volatility Advisers
San Francisco,
California
| – | -$86 | -2 | Closed |
|
XLB Hedge Fund Activity: Q1 2024 in Review
794 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in State Street Materials Select Sector SPDR ETF (XLB) for Q1 2024, worth a combined $4.78B — up 14% from $4.2B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new XLB positions and 89 closed out — a net gain of 9 holders — while 235 added to existing stakes and 312 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $249M. The largest seller was Morgan Stanley, cutting an estimated $259M.
- 794 institutional investors held State Street Materials Select Sector SPDR ETF (XLB) as of Q1 2024, down from 797 in Q4 2023.
- Funds reported $4.78B of State Street Materials Select Sector SPDR ETF stock for Q1 2024, up 14% quarter-over-quarter.
- 98 funds opened new State Street Materials Select Sector SPDR ETF positions in Q1 2024 and 89 closed out, a net change of +9 holders.
- The largest State Street Materials Select Sector SPDR ETF buyer in Q1 2024 was Goldman Sachs, an estimated $249M added.
- The largest State Street Materials Select Sector SPDR ETF seller in Q1 2024 was Morgan Stanley, an estimated $259M sold.
Based on aggregated 13F filings for Q1 2024.