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State Street Materials Select Sector SPDR ETF

752 hedge funds and large institutions have $4.23B invested in State Street Materials Select Sector SPDR ETF in 2023 Q1 according to their latest regulatory filings, with 107 funds opening new positions, 233 increasing their positions, 279 reducing their positions, and 88 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more first-time investments, than exits

New positions opened: 107 | Existing positions closed: 88

8% more funds holding in top 10

Funds holding in top 10: 1314 (+1)

0% more funds holding

Funds holding: 749752 (+3)

9.69% less ownership

Funds ownership: 164.61%154.93% (-9.7%)

11% less capital invested

Capital invested by funds: $4.73B → $4.23B (-$506M)

16% less repeat investments, than reductions

Existing positions increased: 233 | Existing positions reduced: 279

20% less call options, than puts

Call options by funds: $3.04B | Put options by funds: $3.79B

Holders
752
Holders Change
+3
Holders Change %
+0.4%
% of All Funds
11.98%
Holding in Top 10
14
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+7.69%
% of All Funds
0.22%
New
107
Increased
233
Reduced
279
Closed
88
Calls
$3.04B
Puts
$3.79B
Net Calls
-$746M
Net Calls Change
+$798M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$517M -$295M -7,279,894 -36%
Morgan Stanley
2
Morgan Stanley
New York
$513M +$194M +4,785,824 +60%
Goldman Sachs
3
Goldman Sachs
New York
$381M +$63M +1,555,228 +20%
Wells Fargo
4
Wells Fargo
California
$214M +$9.49M +234,268 +5%
Citigroup
5
Citigroup
New York
$132M -$7.01M -173,256 -5%
LPL Financial
6
LPL Financial
California
$101M +$12.4M +305,718 +14%
Ameriprise
7
Ameriprise
Minnesota
$93M -$2.72M -67,188 -3%
UBS Group
8
UBS Group
Switzerland
$84.7M -$35.1M -867,414 -29%
Charles Schwab
9
Charles Schwab
California
$59.6M +$59.8M +1,477,652 New
CM
10
Churchill Management
California
$55.8M +$56.1M +1,384,420 New
Thrivent Financial for Lutherans
11
Thrivent Financial for Lutherans
Minnesota
$55.4M -$7.82M -193,164 -12%
BNP Paribas Financial Markets
12
BNP Paribas Financial Markets
France
$51.9M +$20.4M +502,730 +64%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$48.7M +$18.4M +454,484 +60%
CB
14
Commerce Bank
Missouri
$45.1M -$9.01M -222,564 -17%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$44.8M -$928K -22,922 -2%
MIH
16
Meitav Investment House
Israel
$44.6M +$6.73M +166,152 +17%
AM
17
AGF Management
Ontario, Canada
$42.1M -$584K -14,414 -1%
BlackRock
18
BlackRock
New York
$40.9M +$7.4M +182,844 +22%
N
19
Natixis
France
$40.3M -$1.41M -34,888 -3%
MIM
20
Miller Investment Management
Pennsylvania
$39.7M -$1M -24,812 -2%
UAS
21
United Asset Strategies
New York
$34.6M +$12.8M +316,418 +222%
AA
22
ALPS Advisors
Colorado
$29.4M +$5.32M +131,400 +22%
RJFSA
23
Raymond James Financial Services Advisors
Florida
$27.8M +$4.79M +118,408 +21%
RJA
24
Raymond James & Associates
Florida
$27.1M +$1.34M +33,096 +5%
Legal & General Group
25
Legal & General Group
United Kingdom
$26.6M +$345K +8,524 +1%

XLB Hedge Fund Activity: Q1 2023 in Review

752 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in State Street Materials Select Sector SPDR ETF (XLB) for Q1 2023, worth a combined $4.23B — down 11% from $4.73B a quarter earlier.

Buyers outnumbered sellers: 107 funds opened new XLB positions and 88 closed out — a net gain of 19 holders — while 233 added to existing stakes and 279 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $194M. The largest seller was Bank of America, cutting an estimated $295M.

  • 752 institutional investors held State Street Materials Select Sector SPDR ETF (XLB) as of Q1 2023, up from 749 in Q4 2022.
  • Funds reported $4.23B of State Street Materials Select Sector SPDR ETF stock for Q1 2023, down 11% quarter-over-quarter.
  • 107 funds opened new State Street Materials Select Sector SPDR ETF positions in Q1 2023 and 88 closed out, a net change of +19 holders.
  • The largest State Street Materials Select Sector SPDR ETF buyer in Q1 2023 was Morgan Stanley, an estimated $194M added.
  • The largest State Street Materials Select Sector SPDR ETF seller in Q1 2023 was Bank of America, an estimated $295M sold.

Based on aggregated 13F filings for Q1 2023.