State Street Materials Select Sector SPDR ETF
409 hedge funds and large institutions have $1.97B invested in State Street Materials Select Sector SPDR ETF in 2020 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 108 increasing their positions, 180 reducing their positions, and 137 closing their positions.
2.6% more ownership
Funds ownership: 157.03% → 159.62% (+2.6%)
20% less funds holding
Funds holding: 509 → 409 (-100)
36% less capital invested
Capital invested by funds: $3.06B → $1.97B (-$1.1B)
40% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 180
42% less call options, than puts
Call options by funds: $735M | Put options by funds: $1.26B
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
67% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 137
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Prudential plc
London, England,
United Kingdom
|
+$190M |
| 2 |
Goldman Sachs
New York
|
+$74M |
| 3 |
Barclays
London,
United Kingdom
|
+$58.9M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$36M |
| 5 |
Millennium Management
New York
|
+$27.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$191M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$124M |
| 3 |
CWM
CIBC World Markets
New York
|
-$63.2M |
| 4 |
SGI
Swan Global Investments
Durango,
Colorado
|
-$54.9M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$51.7M |
XLB Hedge Fund Activity: Q1 2020 in Review
409 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in State Street Materials Select Sector SPDR ETF (XLB) for Q1 2020, worth a combined $1.97B — down 36% from $3.06B a quarter earlier.
Sellers outnumbered buyers: 137 funds closed out of XLB and 45 opened new positions — a net loss of 92 holders — while 180 trimmed existing stakes and 108 added.
The largest buyer was Prudential plc, opening a new position worth an estimated $190M. The largest seller was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, exiting entirely with an estimated $191M sold.
- 409 institutional investors held State Street Materials Select Sector SPDR ETF (XLB) as of Q1 2020, down from 509 in Q4 2019.
- Funds reported $1.97B of State Street Materials Select Sector SPDR ETF stock for Q1 2020, down 36% quarter-over-quarter.
- 45 funds opened new State Street Materials Select Sector SPDR ETF positions in Q1 2020 and 137 closed out, a net change of -92 holders.
- The largest State Street Materials Select Sector SPDR ETF buyer in Q1 2020 was Prudential plc, an estimated $190M added.
- The largest State Street Materials Select Sector SPDR ETF seller in Q1 2020 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $191M sold.
Based on aggregated 13F filings for Q1 2020.