We are live on ! Find out more
XLC icon

State Street Communication Services Select Sector SPDR ETF

743 hedge funds and large institutions have $11.4B invested in State Street Communication Services Select Sector SPDR ETF in 2023 Q3 according to their latest regulatory filings, with 83 funds opening new positions, 304 increasing their positions, 245 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

24% more repeat investments, than reductions

Existing positions increased: 304 | Existing positions reduced: 245

20% more first-time investments, than exits

New positions opened: 83 | Existing positions closed: 69

0% more funds holding

Funds holding: 741743 (+2)

0% more funds holding in top 10

Funds holding in top 10: 3232 (0)

5% less capital invested

Capital invested by funds: $12B → $11.4B (-$559M)

5.57% less ownership

Funds ownership: 91.95%86.37% (-5.6%)

36% less call options, than puts

Call options by funds: $343M | Put options by funds: $539M

Holders
743
Holders Change
+2
Holders Change %
+0.27%
% of All Funds
11.79%
Holding in Top 10
32
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.51%
New
83
Increased
304
Reduced
245
Closed
69
Calls
$343M
Puts
$539M
Net Calls
-$195M
Net Calls Change
-$87.1M
Name Holding Trade Value Shares
Change
Change in
Stake
ADBIC
376
A.D. Beadell Investment Counsel
Wisconsin
$908K -$189K -2,840 -17%
JA
377
JVL Associates
Michigan
$908K -$254K -3,815 -22%
RWPA
378
Richard W. Paul & Associates
Michigan
$905K +$490K +7,341 +114%
Fidelity Investments
379
Fidelity Investments
Massachusetts
$900K +$395K +5,921 +76%
9WM
380
9258 Wealth Management
Ohio
$889K
FPCP
381
Fort Point Capital Partners
California
$869K -$2.67K -40 -0.3%
CCM
382
Chiron Capital Management
Florida
$863K -$6.94K -104 -0.8%
KIG
383
Kessler Investment Group
Indiana
$862K -$78.1K -1,171 -8%
LWM
384
Laidlaw Wealth Management
New York
$860K -$139K -2,089 -14%
CIM
385
Contravisory Investment Management
Massachusetts
$835K +$384K +5,750 +82%
IA
386
IFG Advisory
Georgia
$835K +$83.3K +1,249 +11%
B
387
Bailard
California
$834K
MW
388
Marcum Wealth
Ohio
$832K -$9.01K -135 -1%
GJIA
389
Glass Jacobson Investment Advisors
Maryland
$830K +$13K +195 +2%
ECA
390
Elevated Capital Advisors
Utah
$827K +$360K +5,399 +75%
AP
391
Appleton Partners
Massachusetts
$826K +$16.7K +250 +2%
KeyBank National Association
392
KeyBank National Association
Ohio
$825K
NFG
393
Nations Financial Group
Iowa
$808K +$92.6K +1,388 +13%
SIC
394
Sigma Investment Counselors
Michigan
$802K +$287K +4,310 +54%
CIA
395
Cladis Investment Advisory
Montana
$794K
CWM
396
CIBC World Markets
New York
$793K +$807K +12,100 New
HWM
397
Horizon Wealth Management
Illinois
$780K -$16.1M -241,449 -95%
JCM
398
Jacobi Capital Management
Pennsylvania
$773K +$867 +13 +0.1%
PWP
399
Phillips Wealth Planners
Mississippi
$755K +$59.6K +893 +9%
3LCM
400
3D/L Capital Management
Connecticut
$750K -$242K -3,630 -24%

XLC Hedge Fund Activity: Q3 2023 in Review

743 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in State Street Communication Services Select Sector SPDR ETF (XLC) for Q3 2023, worth a combined $11.4B — down 4.7% from $12B a quarter earlier.

Buyers outnumbered sellers: 83 funds opened new XLC positions and 69 closed out — a net gain of 14 holders — while 304 added to existing stakes and 245 trimmed.

The largest buyer was Bank of Montreal, adding an estimated $107M. The largest seller was Barclays, cutting an estimated $958M.

  • 743 institutional investors held State Street Communication Services Select Sector SPDR ETF (XLC) as of Q3 2023, up from 741 in Q2 2023.
  • Funds reported $11.4B of State Street Communication Services Select Sector SPDR ETF stock for Q3 2023, down 4.7% quarter-over-quarter.
  • 83 funds opened new State Street Communication Services Select Sector SPDR ETF positions in Q3 2023 and 69 closed out, a net change of +14 holders.
  • The largest State Street Communication Services Select Sector SPDR ETF buyer in Q3 2023 was Bank of Montreal, an estimated $107M added.
  • The largest State Street Communication Services Select Sector SPDR ETF seller in Q3 2023 was Barclays, an estimated $958M sold.

Based on aggregated 13F filings for Q3 2023.