State Street Materials Select Sector SPDR ETF
740 hedge funds and large institutions have $5.28B invested in State Street Materials Select Sector SPDR ETF in 2023 Q2 according to their latest regulatory filings, with 82 funds opening new positions, 191 increasing their positions, 326 reducing their positions, and 89 closing their positions.
25% more capital invested
Capital invested by funds: $4.21B → $5.28B (+$1.07B)
25.11% more ownership
Funds ownership: 154.93% → 180.04% (+25%)
8% less first-time investments, than exits
New positions opened: 82 | Existing positions closed: 89
2% less funds holding
Funds holding: 752 → 740 (-12)
21% less funds holding in top 10
Funds holding in top 10: 14 → 11 (-3)
25% less call options, than puts
Call options by funds: $3.17B | Put options by funds: $4.2B
41% less repeat investments, than reductions
Existing positions increased: 191 | Existing positions reduced: 326
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$1.19B |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$147M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$73.4M |
| 4 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$58.1M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$34.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$218M |
| 2 |
Citigroup
New York
|
-$63.4M |
| 3 |
CM
Churchill Management
Los Angeles,
California
|
-$55.8M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$43.9M |
| 5 |
Goldman Sachs
New York
|
-$42.1M |
XLB Hedge Fund Activity: Q2 2023 in Review
740 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in State Street Materials Select Sector SPDR ETF (XLB) for Q2 2023, worth a combined $5.28B — up 25% from $4.21B a quarter earlier.
Sellers outnumbered buyers: 89 funds closed out of XLB and 82 opened new positions — a net loss of 7 holders — while 326 trimmed existing stakes and 191 added.
The largest buyer was Barclays, adding an estimated $1.19B. The largest seller was Morgan Stanley, cutting an estimated $218M.
- 740 institutional investors held State Street Materials Select Sector SPDR ETF (XLB) as of Q2 2023, down from 752 in Q1 2023.
- Funds reported $5.28B of State Street Materials Select Sector SPDR ETF stock for Q2 2023, up 25% quarter-over-quarter.
- 82 funds opened new State Street Materials Select Sector SPDR ETF positions in Q2 2023 and 89 closed out, a net change of -7 holders.
- The largest State Street Materials Select Sector SPDR ETF buyer in Q2 2023 was Barclays, an estimated $1.19B added.
- The largest State Street Materials Select Sector SPDR ETF seller in Q2 2023 was Morgan Stanley, an estimated $218M sold.
Based on aggregated 13F filings for Q2 2023.