State Street Communication Services Select Sector SPDR ETF
905 hedge funds and large institutions have $15.8B invested in State Street Communication Services Select Sector SPDR ETF in 2024 Q1 according to their latest regulatory filings, with 134 funds opening new positions, 328 increasing their positions, 311 reducing their positions, and 74 closing their positions.
81% more first-time investments, than exits
New positions opened: 134 | Existing positions closed: 74
39% more funds holding in top 10
Funds holding in top 10: 31 → 43 (+12)
5% more funds holding
Funds holding: 858 → 905 (+47)
5% more repeat investments, than reductions
Existing positions increased: 328 | Existing positions reduced: 311
0.3% less ownership
Funds ownership: 87.63% → 87.33% (-0.3%)
15% less capital inflows, than outflows
Capital inflows: $1.13B | Capital outflows: $1.33B
33% less call options, than puts
Call options by funds: $243M | Put options by funds: $362M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$102M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$85.7M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$68.3M |
| 4 |
CIBC World Markets
New York
|
+$67.5M |
| 5 |
JP Morgan Chase
New York
|
+$46.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$233M |
| 2 |
Barclays
London,
United Kingdom
|
-$193M |
| 3 |
Winton Group
London,
United Kingdom
|
-$91.4M |
| 4 |
Varma Mutual Pension Insurance Co
Helsinki,
Finland
|
-$56M |
| 5 |
Meitav Investment House
Bene-Beraq,
Israel
|
-$53.6M |
XLC Hedge Fund Activity: Q1 2024 in Review
905 of the 6,966 institutional investors tracked by Wall St. Rank reported a position in State Street Communication Services Select Sector SPDR ETF (XLC) for Q1 2024, worth a combined $15.8B — up 11% from $14.3B a quarter earlier.
Buyers outnumbered sellers: 134 funds opened new XLC positions and 74 closed out — a net gain of 60 holders — while 328 added to existing stakes and 311 trimmed.
The largest buyer was Migdal Insurance & Financial Holdings, adding an estimated $102M. The largest seller was CIBC World Market, cutting an estimated $233M.
- 905 institutional investors held State Street Communication Services Select Sector SPDR ETF (XLC) as of Q1 2024, up from 858 in Q4 2023.
- Funds reported $15.8B of State Street Communication Services Select Sector SPDR ETF stock for Q1 2024, up 11% quarter-over-quarter.
- 134 funds opened new State Street Communication Services Select Sector SPDR ETF positions in Q1 2024 and 74 closed out, a net change of +60 holders.
- The largest State Street Communication Services Select Sector SPDR ETF buyer in Q1 2024 was Migdal Insurance & Financial Holdings, an estimated $102M added.
- The largest State Street Communication Services Select Sector SPDR ETF seller in Q1 2024 was CIBC World Market, an estimated $233M sold.
Based on aggregated 13F filings for Q1 2024.