State Street Materials Select Sector SPDR ETF
797 hedge funds and large institutions have $4.9B invested in State Street Materials Select Sector SPDR ETF in 2024 Q2 according to their latest regulatory filings, with 91 funds opening new positions, 295 increasing their positions, 262 reducing their positions, and 81 closing their positions.
54% more capital inflows, than outflows
Capital inflows: $1.22B | Capital outflows: $794M
13% more repeat investments, than reductions
Existing positions increased: 295 | Existing positions reduced: 262
12% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 81
8.81% more ownership
Funds ownership: 81.93% → 90.74% (+8.8%)
0% more funds holding
Funds holding: 796 → 797 (+1)
30% less call options, than puts
Call options by funds: $3.2B | Put options by funds: $4.56B
67% less funds holding in top 10
Funds holding in top 10: 15 → 5 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$333M |
| 2 |
ING Group
Amsterdam,
Netherlands
|
+$172M |
| 3 |
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$105M |
| 4 |
Churchill Management
Los Angeles,
California
|
+$68.4M |
| 5 |
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$62.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$121M |
| 2 |
Goldman Sachs
New York
|
-$66.6M |
| 3 |
Citigroup
New York
|
-$58.7M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$44.5M |
| 5 |
Barclays
London,
United Kingdom
|
-$37.7M |
XLB Hedge Fund Activity: Q2 2024 in Review
797 of the 6,940 institutional investors tracked by Wall St. Rank reported a position in State Street Materials Select Sector SPDR ETF (XLB) for Q2 2024, worth a combined $4.9B — up 2.6% from $4.78B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new XLB positions and 81 closed out — a net gain of 10 holders — while 295 added to existing stakes and 262 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $333M. The largest seller was Bank of America, cutting an estimated $121M.
- 797 institutional investors held State Street Materials Select Sector SPDR ETF (XLB) as of Q2 2024, up from 796 in Q1 2024.
- Funds reported $4.9B of State Street Materials Select Sector SPDR ETF stock for Q2 2024, up 2.6% quarter-over-quarter.
- 91 funds opened new State Street Materials Select Sector SPDR ETF positions in Q2 2024 and 81 closed out, a net change of +10 holders.
- The largest State Street Materials Select Sector SPDR ETF buyer in Q2 2024 was Morgan Stanley, an estimated $333M added.
- The largest State Street Materials Select Sector SPDR ETF seller in Q2 2024 was Bank of America, an estimated $121M sold.
Based on aggregated 13F filings for Q2 2024.