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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
MML Investors Services
51
MML Investors Services
Massachusetts
$23.3M +$8.81M +144,711 +68%
RIG
52
RiverFront Investment Group
Virginia
$23.2M -$132K -2,169 -0.6%
Thrivent Financial for Lutherans
53
Thrivent Financial for Lutherans
Minnesota
$23.1M +$3.25M +53,404 +18%
AA
54
Advisory Alpha
Michigan
$22.6M +$1.64M +26,881 +8%
Lido Advisors
55
Lido Advisors
California
$21.7M +$20.1M +329,562 +8,420%
MSCM
56
McElhenny Sheffield Capital Management
Texas
$21M +$19.7M +323,130 New
Fifth Third Bancorp
57
Fifth Third Bancorp
Ohio
$20.4M -$4.74M -77,839 -20%
RJFSA
58
Raymond James Financial Services Advisors
Florida
$20.3M +$4.72M +77,463 +33%
KHLMVGHM
59
Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet
Israel
$20.2M
Two Sigma Advisers
60
Two Sigma Advisers
New York
$18.9M +$17.7M +290,100 New
GC
61
Grimes & Company
Massachusetts
$17.9M -$21.8M -358,473 -57%
PNC Financial Services Group
62
PNC Financial Services Group
Pennsylvania
$16.7M -$1.84M -30,279 -11%
HWM
63
Horizon Wealth Management
Illinois
$16.5M +$15.4M +253,341 New
GKWIM
64
Gerber Kawasaki Wealth & Investment Management
California
$16.3M +$95.3K +1,564 +0.6%
Rockefeller Capital Management
65
Rockefeller Capital Management
New York
$15.9M -$3.84M -63,043 -20%
TAM
66
Tocqueville Asset Management
New York
$15.3M -$31.6K -519 -0.2%
VAS
67
Vestmark Advisory Solutions
Massachusetts
$15.3M -$1.43M -23,466 -9%
CCM
68
Cullen Capital Management
New York
$15.2M +$14.3M +234,149 New
GL
69
Graypoint LLC
New York
$14.9M +$330K +5,415 +2%
Balyasny Asset Management
70
Balyasny Asset Management
Illinois
$14.7M -$10.4M -170,316 -43%
Millennium Management
71
Millennium Management
New York
$13.8M -$159M -2,608,273 -92%
MIM
72
Miller Investment Management
Pennsylvania
$13.6M +$11.9M +195,702 +1,425%
Two Sigma Investments
73
Two Sigma Investments
New York
$13.5M +$12.6M +207,300 New
Commonwealth Equity Services
74
Commonwealth Equity Services
Massachusetts
$13.2M +$4.26M +70,003 +53%
JMPWA
75
JP Morgan Private Wealth Advisors
California
$13.1M -$1.92M -31,514 -14%

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.