State Street Materials Select Sector SPDR ETF
509 hedge funds and large institutions have $3.06B invested in State Street Materials Select Sector SPDR ETF in 2019 Q4 according to their latest regulatory filings, with 113 funds opening new positions, 140 increasing their positions, 172 reducing their positions, and 34 closing their positions.
232% more first-time investments, than exits
New positions opened: 113 | Existing positions closed: 34
14% more funds holding
Funds holding: 445 → 509 (+64)
6% less call options, than puts
Call options by funds: $1.61B | Put options by funds: $1.72B
19% less repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 172
21% less capital invested
Capital invested by funds: $3.9B → $3.06B (-$832M)
23.02% less ownership
Funds ownership: 180.05% → 157.03% (-23%)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
CIBC World Markets
New York
|
+$60.8M |
| 2 |
CB
Commerce Bank
Kansas City,
Missouri
|
+$39.6M |
| 3 |
M&T Bank
Buffalo,
New York
|
+$27.8M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
+$17.3M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Prudential plc
London, England,
United Kingdom
|
-$703M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$118M |
| 3 |
Morgan Stanley
New York
|
-$98M |
| 4 |
Goldman Sachs
New York
|
-$91.2M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$87.3M |
XLB Hedge Fund Activity: Q4 2019 in Review
509 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in State Street Materials Select Sector SPDR ETF (XLB) for Q4 2019, worth a combined $3.06B — down 21% from $3.9B a quarter earlier.
Buyers outnumbered sellers: 113 funds opened new XLB positions and 34 closed out — a net gain of 79 holders — while 140 added to existing stakes and 172 trimmed.
The largest buyer was CIBC World Markets, opening a new position worth an estimated $60.8M. The largest seller was Prudential plc, exiting entirely with an estimated $703M sold.
- 509 institutional investors held State Street Materials Select Sector SPDR ETF (XLB) as of Q4 2019, up from 445 in Q3 2019.
- Funds reported $3.06B of State Street Materials Select Sector SPDR ETF stock for Q4 2019, down 21% quarter-over-quarter.
- 113 funds opened new State Street Materials Select Sector SPDR ETF positions in Q4 2019 and 34 closed out, a net change of +79 holders.
- The largest State Street Materials Select Sector SPDR ETF buyer in Q4 2019 was CIBC World Markets, an estimated $60.8M added.
- The largest State Street Materials Select Sector SPDR ETF seller in Q4 2019 was Prudential plc, an estimated $703M sold.
Based on aggregated 13F filings for Q4 2019.