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State Street Communication Services Select Sector SPDR ETF

741 hedge funds and large institutions have $12B invested in State Street Communication Services Select Sector SPDR ETF in 2023 Q2 according to their latest regulatory filings, with 134 funds opening new positions, 265 increasing their positions, 226 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

235% more first-time investments, than exits

New positions opened: 134 | Existing positions closed: 40

113% more funds holding in top 10

Funds holding in top 10: 1532 (+17)

36% more capital invested

Capital invested by funds: $8.78B → $12B (+$3.18B)

17% more repeat investments, than reductions

Existing positions increased: 265 | Existing positions reduced: 226

14% more funds holding

Funds holding: 652741 (+89)

3.05% more ownership

Funds ownership: 88.9%91.95% (+3%)

23% less call options, than puts

Call options by funds: $361M | Put options by funds: $469M

Holders
741
Holders Change
+89
Holders Change %
+13.65%
% of All Funds
11.63%
Holding in Top 10
32
Holding in Top 10 Change
+17
Holding in Top 10 Change %
+113.33%
% of All Funds
0.5%
New
134
Increased
265
Reduced
226
Closed
40
Calls
$361M
Puts
$469M
Net Calls
-$108M
Net Calls Change
-$60.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$2.96B +$526M +8,628,959 +23%
Barclays
2
Barclays
United Kingdom
$1.18B +$803M +13,190,687 +266%
JP Morgan Chase
3
JP Morgan Chase
New York
$593M -$25.1M -412,316 -4%
Wells Fargo
4
Wells Fargo
California
$422M +$80.3M +1,318,149 +26%
Morgan Stanley
5
Morgan Stanley
New York
$370M +$34.8M +570,818 +11%
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$329M -$13.6M -223,960 -4%
MIFH
7
Migdal Insurance & Financial Holdings
Israel
$310M +$35.3M +580,000 +14%
CM
8
Churchill Management
California
$303M +$111M +1,823,394 +64%
RJA
9
Raymond James & Associates
Florida
$284M -$34.2M -560,922 -11%
UBS Group
10
UBS Group
Switzerland
$260M +$63.5M +1,042,626 +35%
Janney Montgomery Scott
11
Janney Montgomery Scott
Pennsylvania
$257M -$30.8M -505,235 -11%
Fisher Asset Management
12
Fisher Asset Management
Washington
$255M -$2.88M -47,207 -1%
Truist Financial
13
Truist Financial
North Carolina
$227M -$17.7M -291,138 -8%
WA
14
WestEnd Advisors
North Carolina
$194M +$181M +2,977,566 New
Ameriprise
15
Ameriprise
Minnesota
$155M +$30.2M +495,106 +26%
LPL Financial
16
LPL Financial
California
$152M +$60.5M +993,071 +74%
MIH
17
Meitav Investment House
Israel
$152M +$14.2M +233,682 +11%
CIBC World Market
18
CIBC World Market
Ontario, Canada
$149M +$18.8M +308,920 +16%
HIIFS
19
Harel Insurance Investments & Financial Services
Israel
$135M +$10.2K +168 +0%
MMEA
20
Main Management ETF Advisors
California
$132M +$31.7M +520,710 +35%
BlackRock
21
BlackRock
New York
$122M +$11.2M +184,676 +11%
Charles Schwab
22
Charles Schwab
California
$92.9M +$86.6M +1,421,560 +23,489%
AM
23
AGF Management
Ontario, Canada
$92.7M -$30.6M -502,308 -26%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$85.7M -$83.7M -1,374,472 -51%
WG
25
Winton Group
United Kingdom
$77.8M +$52.5M +862,169 +258%

XLC Hedge Fund Activity: Q2 2023 in Review

741 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in State Street Communication Services Select Sector SPDR ETF (XLC) for Q2 2023, worth a combined $12B — up 36% from $8.78B a quarter earlier.

Buyers outnumbered sellers: 134 funds opened new XLC positions and 40 closed out — a net gain of 94 holders — while 265 added to existing stakes and 226 trimmed.

The largest buyer was Barclays, adding an estimated $803M. The largest seller was Millennium Management, cutting an estimated $159M.

  • 741 institutional investors held State Street Communication Services Select Sector SPDR ETF (XLC) as of Q2 2023, up from 652 in Q1 2023.
  • Funds reported $12B of State Street Communication Services Select Sector SPDR ETF stock for Q2 2023, up 36% quarter-over-quarter.
  • 134 funds opened new State Street Communication Services Select Sector SPDR ETF positions in Q2 2023 and 40 closed out, a net change of +94 holders.
  • The largest State Street Communication Services Select Sector SPDR ETF buyer in Q2 2023 was Barclays, an estimated $803M added.
  • The largest State Street Communication Services Select Sector SPDR ETF seller in Q2 2023 was Millennium Management, an estimated $159M sold.

Based on aggregated 13F filings for Q2 2023.