State Street Communication Services Select Sector SPDR ETF
590 hedge funds and large institutions have $6.62B invested in State Street Communication Services Select Sector SPDR ETF in 2022 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 199 increasing their positions, 225 reducing their positions, and 97 closing their positions.
1.39% more ownership
Funds ownership: 85.66% → 87.05% (+1.4%)
7% less funds holding
Funds holding: 632 → 590 (-42)
12% less repeat investments, than reductions
Existing positions increased: 199 | Existing positions reduced: 225
17% less capital invested
Capital invested by funds: $7.95B → $6.62B (-$1.33B)
19% less funds holding in top 10
Funds holding in top 10: 16 → 13 (-3)
31% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 97
49% less call options, than puts
Call options by funds: $108M | Put options by funds: $209M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$49M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$36.7M |
| 3 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$34.7M |
| 4 |
Millennium Management
New York
|
+$29.4M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$28.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APF
Alaska Permanent Fund
Juneau,
Alaska
|
-$154M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$84.6M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$78.9M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$71.8M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$65.4M |
XLC Hedge Fund Activity: Q3 2022 in Review
590 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in State Street Communication Services Select Sector SPDR ETF (XLC) for Q3 2022, worth a combined $6.62B — down 17% from $7.95B a quarter earlier.
Sellers outnumbered buyers: 97 funds closed out of XLC and 67 opened new positions — a net loss of 30 holders — while 225 trimmed existing stakes and 199 added.
The largest buyer was Victory Capital Management, adding an estimated $49M. The largest seller was Alaska Permanent Fund, cutting an estimated $154M.
- 590 institutional investors held State Street Communication Services Select Sector SPDR ETF (XLC) as of Q3 2022, down from 632 in Q2 2022.
- Funds reported $6.62B of State Street Communication Services Select Sector SPDR ETF stock for Q3 2022, down 17% quarter-over-quarter.
- 67 funds opened new State Street Communication Services Select Sector SPDR ETF positions in Q3 2022 and 97 closed out, a net change of -30 holders.
- The largest State Street Communication Services Select Sector SPDR ETF buyer in Q3 2022 was Victory Capital Management, an estimated $49M added.
- The largest State Street Communication Services Select Sector SPDR ETF seller in Q3 2022 was Alaska Permanent Fund, an estimated $154M sold.
Based on aggregated 13F filings for Q3 2022.