State Street Materials Select Sector SPDR ETF
406 hedge funds and large institutions have $3.07B invested in State Street Materials Select Sector SPDR ETF in 2016 Q4 according to their latest regulatory filings, with 109 funds opening new positions, 135 increasing their positions, 112 reducing their positions, and 40 closing their positions.
173% more first-time investments, than exits
New positions opened: 109 | Existing positions closed: 40
30% more funds holding in top 10
Funds holding in top 10: 10 → 13 (+3)
21% more repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 112
18% more funds holding
Funds holding: 344 → 406 (+62)
6% more capital invested
Capital invested by funds: $2.89B → $3.07B (+$187M)
10% less call options, than puts
Call options by funds: $973M | Put options by funds: $1.08B
35.89% less ownership
Funds ownership: 201.02% → 165.13% (-36%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$139M |
| 2 |
State Street
Boston,
Massachusetts
|
+$122M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$74.8M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$66M |
| 5 |
CM
Churchill Management
Los Angeles,
California
|
+$40.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$118M |
| 2 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$90.4M |
| 3 |
N
Natixis
Paris,
France
|
-$70.3M |
| 4 |
Morgan Stanley
New York
|
-$67.8M |
| 5 |
Citigroup
New York
|
-$48.5M |
XLB Hedge Fund Activity: Q4 2016 in Review
406 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in State Street Materials Select Sector SPDR ETF (XLB) for Q4 2016, worth a combined $3.07B — up 6.5% from $2.89B a quarter earlier.
Buyers outnumbered sellers: 109 funds opened new XLB positions and 40 closed out — a net gain of 69 holders — while 135 added to existing stakes and 112 trimmed.
The largest buyer was TD Asset Management, opening a new position worth an estimated $139M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $118M.
- 406 institutional investors held State Street Materials Select Sector SPDR ETF (XLB) as of Q4 2016, up from 344 in Q3 2016.
- Funds reported $3.07B of State Street Materials Select Sector SPDR ETF stock for Q4 2016, up 6.5% quarter-over-quarter.
- 109 funds opened new State Street Materials Select Sector SPDR ETF positions in Q4 2016 and 40 closed out, a net change of +69 holders.
- The largest State Street Materials Select Sector SPDR ETF buyer in Q4 2016 was TD Asset Management, an estimated $139M added.
- The largest State Street Materials Select Sector SPDR ETF seller in Q4 2016 was BNP Paribas Financial Markets, an estimated $118M sold.
Based on aggregated 13F filings for Q4 2016.