State Street Communication Services Select Sector SPDR ETF
903 hedge funds and large institutions have $15.8B invested in State Street Communication Services Select Sector SPDR ETF in 2024 Q1 according to their latest regulatory filings, with 133 funds opening new positions, 327 increasing their positions, 312 reducing their positions, and 74 closing their positions.
80% more first-time investments, than exits
New positions opened: 133 | Existing positions closed: 74
39% more funds holding in top 10
Funds holding in top 10: 31 → 43 (+12)
7% more capital invested
Capital invested by funds: $14.8B → $15.8B (+$1.06B)
5% more funds holding
Funds holding: 857 → 903 (+46)
5% more repeat investments, than reductions
Existing positions increased: 327 | Existing positions reduced: 312
3.3% less ownership
Funds ownership: 90.62% → 87.33% (-3.3%)
33% less call options, than puts
Call options by funds: $243M | Put options by funds: $362M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$102M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$85.7M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$68.3M |
| 4 |
CWM
CIBC World Markets
New York
|
+$67.5M |
| 5 |
JP Morgan Chase
New York
|
+$46.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$500M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$233M |
| 3 |
Barclays
London,
United Kingdom
|
-$193M |
| 4 |
WG
Winton Group
London,
United Kingdom
|
-$91.4M |
| 5 |
VMPIC
Varma Mutual Pension Insurance Co
Helsinki,
Finland
|
-$56M |
XLC Hedge Fund Activity: Q1 2024 in Review
903 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in State Street Communication Services Select Sector SPDR ETF (XLC) for Q1 2024, worth a combined $15.8B — up 7.2% from $14.8B a quarter earlier.
Buyers outnumbered sellers: 133 funds opened new XLC positions and 74 closed out — a net gain of 59 holders — while 327 added to existing stakes and 312 trimmed.
The largest buyer was Migdal Insurance & Financial Holdings, adding an estimated $102M. The largest seller was Morgan Stanley, cutting an estimated $500M.
- 903 institutional investors held State Street Communication Services Select Sector SPDR ETF (XLC) as of Q1 2024, up from 857 in Q4 2023.
- Funds reported $15.8B of State Street Communication Services Select Sector SPDR ETF stock for Q1 2024, up 7.2% quarter-over-quarter.
- 133 funds opened new State Street Communication Services Select Sector SPDR ETF positions in Q1 2024 and 74 closed out, a net change of +59 holders.
- The largest State Street Communication Services Select Sector SPDR ETF buyer in Q1 2024 was Migdal Insurance & Financial Holdings, an estimated $102M added.
- The largest State Street Communication Services Select Sector SPDR ETF seller in Q1 2024 was Morgan Stanley, an estimated $500M sold.
Based on aggregated 13F filings for Q1 2024.