State Street Communication Services Select Sector SPDR ETF
857 hedge funds and large institutions have $14.8B invested in State Street Communication Services Select Sector SPDR ETF in 2023 Q4 according to their latest regulatory filings, with 178 funds opening new positions, 329 increasing their positions, 248 reducing their positions, and 53 closing their positions.
236% more first-time investments, than exits
New positions opened: 178 | Existing positions closed: 53
33% more repeat investments, than reductions
Existing positions increased: 329 | Existing positions reduced: 248
29% more capital invested
Capital invested by funds: $11.4B → $14.8B (+$3.35B)
15% more funds holding
Funds holding: 743 → 857 (+114)
4.25% more ownership
Funds ownership: 86.37% → 90.62% (+4.3%)
3% less funds holding in top 10
Funds holding in top 10: 32 → 31 (-1)
19% less call options, than puts
Call options by funds: $486M | Put options by funds: $602M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$483M |
| 2 |
Morgan Stanley
New York
|
+$456M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$168M |
| 4 |
LPL Financial
San Diego,
California
|
+$103M |
| 5 |
State Street
Boston,
Massachusetts
|
+$96.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$105M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$43M |
| 3 |
WG
Winton Group
London,
United Kingdom
|
-$34.5M |
| 4 |
PIM
Parker Investment Management
Menlo Park,
California
|
-$27.7M |
| 5 |
NAM
Nissay Asset Management
Tokyo,
Japan
|
-$22.5M |
XLC Hedge Fund Activity: Q4 2023 in Review
857 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in State Street Communication Services Select Sector SPDR ETF (XLC) for Q4 2023, worth a combined $14.8B — up 29% from $11.4B a quarter earlier.
Buyers outnumbered sellers: 178 funds opened new XLC positions and 53 closed out — a net gain of 125 holders — while 329 added to existing stakes and 248 trimmed.
The largest buyer was Barclays, adding an estimated $483M. The largest seller was JP Morgan Chase, cutting an estimated $105M.
- 857 institutional investors held State Street Communication Services Select Sector SPDR ETF (XLC) as of Q4 2023, up from 743 in Q3 2023.
- Funds reported $14.8B of State Street Communication Services Select Sector SPDR ETF stock for Q4 2023, up 29% quarter-over-quarter.
- 178 funds opened new State Street Communication Services Select Sector SPDR ETF positions in Q4 2023 and 53 closed out, a net change of +125 holders.
- The largest State Street Communication Services Select Sector SPDR ETF buyer in Q4 2023 was Barclays, an estimated $483M added.
- The largest State Street Communication Services Select Sector SPDR ETF seller in Q4 2023 was JP Morgan Chase, an estimated $105M sold.
Based on aggregated 13F filings for Q4 2023.