We are live on ! Find out more
XLC icon

State Street Communication Services Select Sector SPDR ETF

741 hedge funds and large institutions have $12B invested in State Street Communication Services Select Sector SPDR ETF in 2023 Q2 according to their latest regulatory filings, with 134 funds opening new positions, 265 increasing their positions, 226 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

235% more first-time investments, than exits

New positions opened: 134 | Existing positions closed: 40

113% more funds holding in top 10

Funds holding in top 10: 1532 (+17)

36% more capital invested

Capital invested by funds: $8.78B → $12B (+$3.18B)

17% more repeat investments, than reductions

Existing positions increased: 265 | Existing positions reduced: 226

14% more funds holding

Funds holding: 652741 (+89)

3.05% more ownership

Funds ownership: 88.9%91.95% (+3%)

23% less call options, than puts

Call options by funds: $361M | Put options by funds: $469M

Holders
741
Holders Change
+89
Holders Change %
+13.65%
% of All Funds
11.63%
Holding in Top 10
32
Holding in Top 10 Change
+17
Holding in Top 10 Change %
+113.33%
% of All Funds
0.5%
New
134
Increased
265
Reduced
226
Closed
40
Calls
$361M
Puts
$469M
Net Calls
-$108M
Net Calls Change
-$60.3M
Name Holding Trade Value Shares
Change
Change in
Stake
SGI
26
Swan Global Investments
Colorado
$64.2M -$5.18M -85,111 -8%
CWM
27
Congress Wealth Management
Massachusetts
$63.2M +$14.7M +240,833 +33%
Goldman Sachs
28
Goldman Sachs
New York
$56.9M +$1.48M +24,340 +3%
E
29
Ergoteles
New York
$54.4M +$50.9M +835,265 New
Victory Capital Management
30
Victory Capital Management
Texas
$52.2M -$6.76M -110,931 -12%
BNP Paribas Financial Markets
31
BNP Paribas Financial Markets
France
$48.7M -$1.84M -30,184 -4%
JSAM
32
J. Safra Asset Management
New York
$47.2M +$815K +13,379 +2%
KIA
33
KCM Investment Advisors
California
$46.6M +$2.15M +35,225 +5%
Stifel Financial
34
Stifel Financial
Missouri
$42.7M +$2.57M +42,175 +7%
Osaic Holdings
35
Osaic Holdings
Arizona
$42.6M +$3.04M +49,915 +8%
MM
36
Main Management
California
$42.3M +$8.06M +132,309 +26%
Manulife (Manufacturers Life Insurance)
37
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$38.6M +$36.1M +593,411 New
MTWSIF
38
Mivtachim The Workers Social Insurance Fund
Israel
$37.7M -$26.1M -428,800 -43%
BBVA
39
Banco Bilbao Vizcaya Argentaria
Spain
$35.2M +$32.2M +528,570 +4,732%
HCM
40
Hilton Capital Management
New York
$34.9M +$32.7M +536,823 New
AssetMark Inc
41
AssetMark Inc
California
$34.4M +$3.55M +58,321 +12%
D
42
Diversified
Delaware
$32.1M +$29.3M +480,564 +3,744%
1832 Asset Management
43
1832 Asset Management
Ontario, Canada
$30.6M +$2.54M +41,763 +10%
HighTower Advisors
44
HighTower Advisors
Illinois
$30.3M +$166K +2,732 +0.6%
TAIM
45
TD Ameritrade Investment Management
Nebraska
$27.8M -$3.09M -50,685 -11%
AA
46
ALPS Advisors
Colorado
$27.5M -$4.65M -76,416 -15%
PCH
47
PGIM Custom Harvest
New Jersey
$27.3M +$10.8M +177,075 +73%
Northern Trust
48
Northern Trust
Illinois
$26.2M -$539K -8,856 -2%
JCM
49
Janney Capital Management
Pennsylvania
$25.5M -$762K -12,515 -3%
Mirae Asset Global Investments
50
Mirae Asset Global Investments
South Korea
$25.4M -$220K -3,620 -0.9%

XLC Hedge Fund Activity: Q2 2023 in Review

741 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in State Street Communication Services Select Sector SPDR ETF (XLC) for Q2 2023, worth a combined $12B — up 36% from $8.78B a quarter earlier.

Buyers outnumbered sellers: 134 funds opened new XLC positions and 40 closed out — a net gain of 94 holders — while 265 added to existing stakes and 226 trimmed.

The largest buyer was Barclays, adding an estimated $803M. The largest seller was Millennium Management, cutting an estimated $159M.

  • 741 institutional investors held State Street Communication Services Select Sector SPDR ETF (XLC) as of Q2 2023, up from 652 in Q1 2023.
  • Funds reported $12B of State Street Communication Services Select Sector SPDR ETF stock for Q2 2023, up 36% quarter-over-quarter.
  • 134 funds opened new State Street Communication Services Select Sector SPDR ETF positions in Q2 2023 and 40 closed out, a net change of +94 holders.
  • The largest State Street Communication Services Select Sector SPDR ETF buyer in Q2 2023 was Barclays, an estimated $803M added.
  • The largest State Street Communication Services Select Sector SPDR ETF seller in Q2 2023 was Millennium Management, an estimated $159M sold.

Based on aggregated 13F filings for Q2 2023.