State Street Communication Services Select Sector SPDR ETF
XLC
460 hedge funds and large institutions have $7.73B invested in State Street Communication Services Select Sector SPDR ETF in 2020 Q2 according to their latest regulatory filings, with 111 funds opening new positions, 182 increasing their positions, 127 reducing their positions, and 40 closing their positions.
178% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 40
50% more funds holding in top 10
Funds holding in top 10: 18 → 27 (+9)
43% more repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 127
40% more capital invested
Capital invested by funds: $5.51B → $7.73B (+$2.23B)
16% more funds holding
Funds holding: 395 → 460 (+65)
0.76% more ownership
Funds ownership: 83.91% → 84.67% (+0.76%)
42% less call options, than puts
Call options by funds: $41.6M | Put options by funds: $71.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$696M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$164M |
| 3 |
JP Morgan Chase
New York
|
+$88.5M |
| 4 |
MTWSIF
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
|
+$49.5M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$25.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APF
Alaska Permanent Fund
Juneau,
Alaska
|
-$247M |
| 2 |
DCC
Dow Chemical Company
Midland,
Michigan
|
-$33.1M |
| 3 |
Barclays
London,
United Kingdom
|
-$27M |
| 4 |
SGI
Swan Global Investments
Durango,
Colorado
|
-$25.8M |
| 5 |
Goldman Sachs
New York
|
-$23.4M |
XLC Hedge Fund Activity: Q2 2020 in Review
460 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in State Street Communication Services Select Sector SPDR ETF (XLC) for Q2 2020, worth a combined $7.73B — up 40% from $5.51B a quarter earlier.
Buyers outnumbered sellers: 111 funds opened new XLC positions and 40 closed out — a net gain of 71 holders — while 182 added to existing stakes and 127 trimmed.
The largest buyer was Bank of America, adding an estimated $696M. The largest seller was Alaska Permanent Fund, cutting an estimated $247M.
- 460 institutional investors held State Street Communication Services Select Sector SPDR ETF (XLC) as of Q2 2020, up from 395 in Q1 2020.
- Funds reported $7.73B of State Street Communication Services Select Sector SPDR ETF stock for Q2 2020, up 40% quarter-over-quarter.
- 111 funds opened new State Street Communication Services Select Sector SPDR ETF positions in Q2 2020 and 40 closed out, a net change of +71 holders.
- The largest State Street Communication Services Select Sector SPDR ETF buyer in Q2 2020 was Bank of America, an estimated $696M added.
- The largest State Street Communication Services Select Sector SPDR ETF seller in Q2 2020 was Alaska Permanent Fund, an estimated $247M sold.
Based on aggregated 13F filings for Q2 2020.