State Street Communication Services Select Sector SPDR ETF
395 hedge funds and large institutions have $5.51B invested in State Street Communication Services Select Sector SPDR ETF in 2020 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 164 increasing their positions, 112 reducing their positions, and 88 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 112
13% more funds holding in top 10
Funds holding in top 10: 16 → 18 (+2)
1.43% less ownership
Funds ownership: 85.34% → 83.91% (-1.4%)
5% less capital invested
Capital invested by funds: $5.81B → $5.51B (-$300M)
7% less funds holding
Funds holding: 423 → 395 (-28)
21% less call options, than puts
Call options by funds: $29.3M | Put options by funds: $37.1M
24% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 88
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$365M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$104M |
| 3 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$102M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$74.8M |
| 5 |
AIL
AGF Investments LLC
Toronto,
Ontario, Canada
|
+$52.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$77.6M |
| 2 |
CWM
CIBC World Markets
New York
|
-$63.1M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$38.5M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$35.1M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$27.9M |
XLC Hedge Fund Activity: Q1 2020 in Review
395 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in State Street Communication Services Select Sector SPDR ETF (XLC) for Q1 2020, worth a combined $5.51B — down 5.2% from $5.81B a quarter earlier.
Sellers outnumbered buyers: 88 funds closed out of XLC and 67 opened new positions — a net loss of 21 holders — while 112 trimmed existing stakes and 164 added.
The largest buyer was Wells Fargo, adding an estimated $365M. The largest seller was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, cutting an estimated $77.6M.
- 395 institutional investors held State Street Communication Services Select Sector SPDR ETF (XLC) as of Q1 2020, down from 423 in Q4 2019.
- Funds reported $5.51B of State Street Communication Services Select Sector SPDR ETF stock for Q1 2020, down 5.2% quarter-over-quarter.
- 67 funds opened new State Street Communication Services Select Sector SPDR ETF positions in Q1 2020 and 88 closed out, a net change of -21 holders.
- The largest State Street Communication Services Select Sector SPDR ETF buyer in Q1 2020 was Wells Fargo, an estimated $365M added.
- The largest State Street Communication Services Select Sector SPDR ETF seller in Q1 2020 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $77.6M sold.
Based on aggregated 13F filings for Q1 2020.