State Street Materials Select Sector SPDR ETF
XLB
799 hedge funds and large institutions have $3.93B invested in State Street Materials Select Sector SPDR ETF in 2023 Q4 according to their latest regulatory filings, with 139 funds opening new positions, 239 increasing their positions, 288 reducing their positions, and 71 closing their positions.
96% more first-time investments, than exits
New positions opened: 139 | Existing positions closed: 71
9% more funds holding
Funds holding: 736 → 799 (+63)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
0.66% less ownership
Funds ownership: 78.32% → 77.66% (-0.66%)
17% less repeat investments, than reductions
Existing positions increased: 239 | Existing positions reduced: 288
24% less call options, than puts
Call options by funds: $3.22B | Put options by funds: $4.21B
44% less capital inflows, than outflows
Capital inflows: $424M | Capital outflows: $762M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$31.9M |
| 2 |
Factory Mutual Insurance
Waltham,
Massachusetts
|
+$29.3M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$28.1M |
| 4 |
Squarepoint
New York
|
+$27.5M |
| 5 |
Citigroup
New York
|
+$15.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$199M |
| 2 |
Morgan Stanley
New York
|
-$89.3M |
| 3 |
Churchill Management
Los Angeles,
California
|
-$64.6M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$42.2M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$37.8M |
XLB Hedge Fund Activity: Q4 2023 in Review
799 of the 6,877 institutional investors tracked by Wall St. Rank reported a position in State Street Materials Select Sector SPDR ETF (XLB) for Q4 2023, worth a combined $3.93B — down 0.78% from $3.96B a quarter earlier.
Buyers outnumbered sellers: 139 funds opened new XLB positions and 71 closed out — a net gain of 68 holders — while 239 added to existing stakes and 288 trimmed.
The largest buyer was Barclays, adding an estimated $31.9M. The largest seller was CIBC World Market, exiting entirely with an estimated $199M sold.
- 799 institutional investors held State Street Materials Select Sector SPDR ETF (XLB) as of Q4 2023, up from 736 in Q3 2023.
- Funds reported $3.93B of State Street Materials Select Sector SPDR ETF stock for Q4 2023, down 0.78% quarter-over-quarter.
- 139 funds opened new State Street Materials Select Sector SPDR ETF positions in Q4 2023 and 71 closed out, a net change of +68 holders.
- The largest State Street Materials Select Sector SPDR ETF buyer in Q4 2023 was Barclays, an estimated $31.9M added.
- The largest State Street Materials Select Sector SPDR ETF seller in Q4 2023 was CIBC World Market, an estimated $199M sold.
Based on aggregated 13F filings for Q4 2023.