State Street Communication Services Select Sector SPDR ETF
928 hedge funds and large institutions have $16.2B invested in State Street Communication Services Select Sector SPDR ETF in 2024 Q2 according to their latest regulatory filings, with 113 funds opening new positions, 355 increasing their positions, 324 reducing their positions, and 74 closing their positions.
53% more first-time investments, than exits
New positions opened: 113 | Existing positions closed: 74
27% more call options, than puts
Call options by funds: $447M | Put options by funds: $353M
19% more funds holding in top 10
Funds holding in top 10: 43 → 51 (+8)
3% more funds holding
Funds holding: 905 → 928 (+23)
10% more repeat investments, than reductions
Existing positions increased: 355 | Existing positions reduced: 324
1.13% less ownership
Funds ownership: 87.33% → 86.2% (-1.1%)
18% less capital inflows, than outflows
Capital inflows: $1.05B | Capital outflows: $1.29B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$237M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$135M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$38.7M |
| 4 |
JP Morgan Chase
New York
|
+$33.7M |
| 5 |
GC
Grimes & Company
Westborough,
Massachusetts
|
+$32.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
-$206M |
| 2 |
Two Sigma Investments
New York
|
-$186M |
| 3 |
Two Sigma Advisers
New York
|
-$130M |
| 4 |
State Street
Boston,
Massachusetts
|
-$122M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$76.8M |
XLC Hedge Fund Activity: Q2 2024 in Review
928 of the 6,940 institutional investors tracked by Wall St. Rank reported a position in State Street Communication Services Select Sector SPDR ETF (XLC) for Q2 2024, worth a combined $16.2B — up 2.7% from $15.8B a quarter earlier.
Buyers outnumbered sellers: 113 funds opened new XLC positions and 74 closed out — a net gain of 39 holders — while 355 added to existing stakes and 324 trimmed.
The largest buyer was Barclays, adding an estimated $237M. The largest seller was Fisher Asset Management, cutting an estimated $206M.
- 928 institutional investors held State Street Communication Services Select Sector SPDR ETF (XLC) as of Q2 2024, up from 905 in Q1 2024.
- Funds reported $16.2B of State Street Communication Services Select Sector SPDR ETF stock for Q2 2024, up 2.7% quarter-over-quarter.
- 113 funds opened new State Street Communication Services Select Sector SPDR ETF positions in Q2 2024 and 74 closed out, a net change of +39 holders.
- The largest State Street Communication Services Select Sector SPDR ETF buyer in Q2 2024 was Barclays, an estimated $237M added.
- The largest State Street Communication Services Select Sector SPDR ETF seller in Q2 2024 was Fisher Asset Management, an estimated $206M sold.
Based on aggregated 13F filings for Q2 2024.