State Street Materials Select Sector SPDR ETF
796 hedge funds and large institutions have $4.78B invested in State Street Materials Select Sector SPDR ETF in 2024 Q1 according to their latest regulatory filings, with 98 funds opening new positions, 236 increasing their positions, 312 reducing their positions, and 89 closing their positions.
97% more capital inflows, than outflows
Capital inflows: $963M | Capital outflows: $490M
50% more funds holding in top 10
Funds holding in top 10: 10 → 15 (+5)
10% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 89
4.27% more ownership
Funds ownership: 77.66% → 81.93% (+4.3%)
0% less funds holding
Funds holding: 799 → 796 (-3)
24% less repeat investments, than reductions
Existing positions increased: 236 | Existing positions reduced: 312
35% less call options, than puts
Call options by funds: $2.61B | Put options by funds: $3.99B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$249M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$128M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$95.4M |
| 4 |
JP Morgan Chase
New York
|
+$52.7M |
| 5 |
Meitav Investment House
Bene-Beraq,
Israel
|
+$32.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$67.5M |
| 2 |
Charles Schwab
San Francisco,
California
|
-$61.6M |
| 3 |
Squarepoint
New York
|
-$29.6M |
| 4 |
Millennium Management
New York
|
-$23.8M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$20.4M |
XLB Hedge Fund Activity: Q1 2024 in Review
796 of the 6,966 institutional investors tracked by Wall St. Rank reported a position in State Street Materials Select Sector SPDR ETF (XLB) for Q1 2024, worth a combined $4.78B — up 22% from $3.93B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new XLB positions and 89 closed out — a net gain of 9 holders — while 236 added to existing stakes and 312 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $249M. The largest seller was Barclays, cutting an estimated $67.5M.
- 796 institutional investors held State Street Materials Select Sector SPDR ETF (XLB) as of Q1 2024, down from 799 in Q4 2023.
- Funds reported $4.78B of State Street Materials Select Sector SPDR ETF stock for Q1 2024, up 22% quarter-over-quarter.
- 98 funds opened new State Street Materials Select Sector SPDR ETF positions in Q1 2024 and 89 closed out, a net change of +9 holders.
- The largest State Street Materials Select Sector SPDR ETF buyer in Q1 2024 was Goldman Sachs, an estimated $249M added.
- The largest State Street Materials Select Sector SPDR ETF seller in Q1 2024 was Barclays, an estimated $67.5M sold.
Based on aggregated 13F filings for Q1 2024.