State Street Communication Services Select Sector SPDR ETF

XLC

Market cap $23.1B

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.