State Street Communication Services Select Sector SPDR ETF
256 hedge funds and large institutions have $2.34B invested in State Street Communication Services Select Sector SPDR ETF in 2018 Q4 according to their latest regulatory filings, with 133 funds opening new positions, 76 increasing their positions, 41 reducing their positions, and 36 closing their positions.
269% more first-time investments, than exits
New positions opened: 133 | Existing positions closed: 36
85% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 41
59% more funds holding
Funds holding: 161 → 256 (+95)
53% more capital invested
Capital invested by funds: $1.53B → $2.34B (+$811M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
15.78% less ownership
Funds ownership: 100.5% → 84.72% (-16%)
26% less call options, than puts
Call options by funds: $27.4M | Put options by funds: $37M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$671M |
| 2 |
BlackRock
New York
|
+$147M |
| 3 |
Morgan Stanley
New York
|
+$84.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$72.6M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$47.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$41.1M |
| 2 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$30.5M |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$29.5M |
| 4 |
TEE
Tibra Equities Europe
London,
United Kingdom
|
-$29.1M |
| 5 |
SGI
Swan Global Investments
Durango,
Colorado
|
-$22.7M |
XLC Hedge Fund Activity: Q4 2018 in Review
256 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in State Street Communication Services Select Sector SPDR ETF (XLC) for Q4 2018, worth a combined $2.34B — up 53% from $1.53B a quarter earlier.
Buyers outnumbered sellers: 133 funds opened new XLC positions and 36 closed out — a net gain of 97 holders — while 76 added to existing stakes and 41 trimmed.
The largest buyer was Bank of America, adding an estimated $671M. The largest seller was Envestnet Asset Management, cutting an estimated $41.1M.
- 256 institutional investors held State Street Communication Services Select Sector SPDR ETF (XLC) as of Q4 2018, up from 161 in Q3 2018.
- Funds reported $2.34B of State Street Communication Services Select Sector SPDR ETF stock for Q4 2018, up 53% quarter-over-quarter.
- 133 funds opened new State Street Communication Services Select Sector SPDR ETF positions in Q4 2018 and 36 closed out, a net change of +97 holders.
- The largest State Street Communication Services Select Sector SPDR ETF buyer in Q4 2018 was Bank of America, an estimated $671M added.
- The largest State Street Communication Services Select Sector SPDR ETF seller in Q4 2018 was Envestnet Asset Management, an estimated $41.1M sold.
Based on aggregated 13F filings for Q4 2018.