State Street Materials Select Sector SPDR ETF
750 hedge funds and large institutions have $4.23B invested in State Street Materials Select Sector SPDR ETF in 2022 Q4 according to their latest regulatory filings, with 133 funds opening new positions, 241 increasing their positions, 255 reducing their positions, and 52 closing their positions.
156% more first-time investments, than exits
New positions opened: 133 | Existing positions closed: 52
56% more capital inflows, than outflows
Capital inflows: $1.13B | Capital outflows: $720M
44% more funds holding in top 10
Funds holding in top 10: 9 → 13 (+4)
9% more funds holding
Funds holding: 690 → 750 (+60)
7.53% more ownership
Funds ownership: 74.78% → 82.31% (+7.5%)
5% less repeat investments, than reductions
Existing positions increased: 241 | Existing positions reduced: 255
32% less call options, than puts
Call options by funds: $3.21B | Put options by funds: $4.7B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Squarepoint
New York
|
+$210M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$157M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$58.8M |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$47.5M |
| 5 |
State Street
Boston,
Massachusetts
|
+$41.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$105M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$93.5M |
| 3 |
Morgan Stanley
New York
|
-$87.4M |
| 4 |
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
|
-$35.5M |
| 5 |
Millennium Management
New York
|
-$33.8M |
XLB Hedge Fund Activity: Q4 2022 in Review
750 of the 6,243 institutional investors tracked by Wall St. Rank reported a position in State Street Materials Select Sector SPDR ETF (XLB) for Q4 2022, worth a combined $4.23B — up 19% from $3.56B a quarter earlier.
Buyers outnumbered sellers: 133 funds opened new XLB positions and 52 closed out — a net gain of 81 holders — while 241 added to existing stakes and 255 trimmed.
The largest buyer was Squarepoint, adding an estimated $210M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), exiting entirely with an estimated $105M sold.
- 750 institutional investors held State Street Materials Select Sector SPDR ETF (XLB) as of Q4 2022, up from 690 in Q3 2022.
- Funds reported $4.23B of State Street Materials Select Sector SPDR ETF stock for Q4 2022, up 19% quarter-over-quarter.
- 133 funds opened new State Street Materials Select Sector SPDR ETF positions in Q4 2022 and 52 closed out, a net change of +81 holders.
- The largest State Street Materials Select Sector SPDR ETF buyer in Q4 2022 was Squarepoint, an estimated $210M added.
- The largest State Street Materials Select Sector SPDR ETF seller in Q4 2022 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $105M sold.
Based on aggregated 13F filings for Q4 2022.