State Street Communication Services Select Sector SPDR ETF
958 hedge funds and large institutions have $15.9B invested in State Street Communication Services Select Sector SPDR ETF in 2024 Q3 according to their latest regulatory filings, with 111 funds opening new positions, 336 increasing their positions, 376 reducing their positions, and 70 closing their positions.
59% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 70
3% more funds holding
Funds holding: 927 → 958 (+31)
0.95% less ownership
Funds ownership: 86.2% → 85.24% (-0.95%)
2% less capital invested
Capital invested by funds: $16.2B → $15.9B (-$379M)
2% less call options, than puts
Call options by funds: $274M | Put options by funds: $281M
11% less repeat investments, than reductions
Existing positions increased: 336 | Existing positions reduced: 376
12% less funds holding in top 10
Funds holding in top 10: 51 → 45 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$147M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$99.9M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$56.6M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$47.3M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$21.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$260M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$162M |
| 3 |
CM
Churchill Management
Los Angeles,
California
|
-$158M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$152M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$112M |
XLC Hedge Fund Activity: Q3 2024 in Review
958 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in State Street Communication Services Select Sector SPDR ETF (XLC) for Q3 2024, worth a combined $15.9B — down 2.3% from $16.2B a quarter earlier.
Buyers outnumbered sellers: 111 funds opened new XLC positions and 70 closed out — a net gain of 41 holders — while 336 added to existing stakes and 376 trimmed.
The largest buyer was State Street, adding an estimated $147M. The largest seller was Barclays, cutting an estimated $260M.
- 958 institutional investors held State Street Communication Services Select Sector SPDR ETF (XLC) as of Q3 2024, up from 927 in Q2 2024.
- Funds reported $15.9B of State Street Communication Services Select Sector SPDR ETF stock for Q3 2024, down 2.3% quarter-over-quarter.
- 111 funds opened new State Street Communication Services Select Sector SPDR ETF positions in Q3 2024 and 70 closed out, a net change of +41 holders.
- The largest State Street Communication Services Select Sector SPDR ETF buyer in Q3 2024 was State Street, an estimated $147M added.
- The largest State Street Communication Services Select Sector SPDR ETF seller in Q3 2024 was Barclays, an estimated $260M sold.
Based on aggregated 13F filings for Q3 2024.