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State Street Materials Select Sector SPDR ETF

690 hedge funds and large institutions have $3.56B invested in State Street Materials Select Sector SPDR ETF in 2022 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 198 increasing their positions, 308 reducing their positions, and 117 closing their positions.

New
Increased
Maintained
Reduced
Closed

6.67% more ownership

Funds ownership: 142.79%149.47% (+6.7%)

10% less funds holding

Funds holding: 767690 (-77)

25% less funds holding in top 10

Funds holding in top 10: 129 (-3)

25% less capital invested

Capital invested by funds: $4.74B → $3.56B (-$1.19B)

36% less repeat investments, than reductions

Existing positions increased: 198 | Existing positions reduced: 308

42% less call options, than puts

Call options by funds: $2.65B | Put options by funds: $4.57B

57% less first-time investments, than exits

New positions opened: 50 | Existing positions closed: 117

Holders
690
Holders Change
-77
Holders Change %
-10.04%
% of All Funds
11.89%
Holding in Top 10
9
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-25%
% of All Funds
0.16%
New
50
Increased
198
Reduced
308
Closed
117
Calls
$2.65B
Puts
$4.57B
Net Calls
-$1.93B
Net Calls Change
-$143M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$545M -$420M -11,168,164 -41%
Morgan Stanley
2
Morgan Stanley
New York
$348M -$17M -451,240 -4%
Goldman Sachs
3
Goldman Sachs
New York
$255M +$64.2M +1,706,962 +29%
Wells Fargo
4
Wells Fargo
California
$176M +$26.3M +700,308 +16%
Citigroup
5
Citigroup
New York
$122M -$7.42M -197,418 -5%
Caisse de Depot et Placement du Quebec (CDPQ)
6
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$105M +$18M +480,000 +18%
Ameriprise
7
Ameriprise
Minnesota
$98.6M -$30.1M -800,348 -22%
CIBC World Market
8
CIBC World Market
Ontario, Canada
$84.4M +$93M +2,473,474 +33,471%
UBS Group
9
UBS Group
Switzerland
$83.4M -$38.8M -1,031,352 -30%
LPL Financial
10
LPL Financial
California
$72M -$14M -371,140 -15%
AIL
11
AGF Investments LLC
Ontario, Canada
$53.6M
AII
12
AGF Investments Inc
Ontario, Canada
$53.6M
CB
13
Commerce Bank
Missouri
$48.1M -$4.39M -116,746 -8%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$40.3M +$2.21M +58,698 +5%
Millennium Management
15
Millennium Management
New York
$39.6M +$1.66M +44,032 +4%
MIM
16
Miller Investment Management
Pennsylvania
$38.8M -$793K -21,096 -2%
PNC Financial Services Group
17
PNC Financial Services Group
Pennsylvania
$35.4M -$1.01M -26,850 -3%
MTWSIF
18
Mivtachim The Workers Social Insurance Fund
Israel
$31.6M
Envestnet Asset Management
19
Envestnet Asset Management
Illinois
$30.9M -$11.5M -306,260 -25%
BlackRock
20
BlackRock
New York
$30.7M -$866K -23,032 -2%
Susquehanna International Group
21
Susquehanna International Group
Pennsylvania
$27.4M +$19.5M +518,496 +181%
CTB
22
Country Trust Bank
Illinois
$25.6M -$55.9K -1,486 -0.2%
IUHSA
23
Itau Unibanco Holding S.A.
Brazil
$25.5M +$11.5M +306,638 +69%
AA
24
ALPS Advisors
Colorado
$24.4M +$7.67M +203,946 +40%
TCM
25
Tradewinds Capital Management
Washington
$23.6M +$1.61M +42,836 +7%

XLB Hedge Fund Activity: Q3 2022 in Review

690 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in State Street Materials Select Sector SPDR ETF (XLB) for Q3 2022, worth a combined $3.56B — down 25% from $4.74B a quarter earlier.

Sellers outnumbered buyers: 117 funds closed out of XLB and 50 opened new positions — a net loss of 67 holders — while 308 trimmed existing stakes and 198 added.

The largest buyer was CIBC World Market, adding an estimated $93M. The largest seller was Bank of America, cutting an estimated $420M.

  • 690 institutional investors held State Street Materials Select Sector SPDR ETF (XLB) as of Q3 2022, down from 767 in Q2 2022.
  • Funds reported $3.56B of State Street Materials Select Sector SPDR ETF stock for Q3 2022, down 25% quarter-over-quarter.
  • 50 funds opened new State Street Materials Select Sector SPDR ETF positions in Q3 2022 and 117 closed out, a net change of -67 holders.
  • The largest State Street Materials Select Sector SPDR ETF buyer in Q3 2022 was CIBC World Market, an estimated $93M added.
  • The largest State Street Materials Select Sector SPDR ETF seller in Q3 2022 was Bank of America, an estimated $420M sold.

Based on aggregated 13F filings for Q3 2022.