State Street Communication Services Select Sector SPDR ETF
581 hedge funds and large institutions have $11B invested in State Street Communication Services Select Sector SPDR ETF in 2021 Q1 according to their latest regulatory filings, with 88 funds opening new positions, 234 increasing their positions, 175 reducing their positions, and 56 closing their positions.
57% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 56
34% more repeat investments, than reductions
Existing positions increased: 234 | Existing positions reduced: 175
27% more funds holding in top 10
Funds holding in top 10: 30 → 38 (+8)
7% more capital invested
Capital invested by funds: $10.2B → $11B (+$745M)
5% more funds holding
Funds holding: 553 → 581 (+28)
3.3% more ownership
Funds ownership: 83.87% → 87.16% (+3.3%)
80% less call options, than puts
Call options by funds: $35.8M | Put options by funds: $176M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$267M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$226M |
| 3 |
APF
Alaska Permanent Fund
Juneau,
Alaska
|
+$55.2M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$46.3M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$40.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$870M |
| 2 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$39.9M |
| 3 |
State Street
Boston,
Massachusetts
|
-$36.6M |
| 4 |
Morgan Stanley
New York
|
-$32.4M |
| 5 |
JP Morgan Chase
New York
|
-$24.9M |
XLC Hedge Fund Activity: Q1 2021 in Review
581 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in State Street Communication Services Select Sector SPDR ETF (XLC) for Q1 2021, worth a combined $11B — up 7.3% from $10.2B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new XLC positions and 56 closed out — a net gain of 32 holders — while 234 added to existing stakes and 175 trimmed.
The largest buyer was Ontario Teachers' Pension Plan Board, opening a new position worth an estimated $267M. The largest seller was Bank of America, cutting an estimated $870M.
- 581 institutional investors held State Street Communication Services Select Sector SPDR ETF (XLC) as of Q1 2021, up from 553 in Q4 2020.
- Funds reported $11B of State Street Communication Services Select Sector SPDR ETF stock for Q1 2021, up 7.3% quarter-over-quarter.
- 88 funds opened new State Street Communication Services Select Sector SPDR ETF positions in Q1 2021 and 56 closed out, a net change of +32 holders.
- The largest State Street Communication Services Select Sector SPDR ETF buyer in Q1 2021 was Ontario Teachers' Pension Plan Board, an estimated $267M added.
- The largest State Street Communication Services Select Sector SPDR ETF seller in Q1 2021 was Bank of America, an estimated $870M sold.
Based on aggregated 13F filings for Q1 2021.