State Street Communication Services Select Sector SPDR ETF
1,055 hedge funds and large institutions have $17B invested in State Street Communication Services Select Sector SPDR ETF in 2024 Q4 according to their latest regulatory filings, with 174 funds opening new positions, 409 increasing their positions, 313 reducing their positions, and 62 closing their positions.
181% more first-time investments, than exits
New positions opened: 174 | Existing positions closed: 62
38% more capital inflows, than outflows
Capital inflows: $1.7B | Capital outflows: $1.23B
31% more repeat investments, than reductions
Existing positions increased: 409 | Existing positions reduced: 313
24% more funds holding in top 10
Funds holding in top 10: 45 → 56 (+11)
10% more funds holding
Funds holding: 960 → 1,055 (+95)
1.03% less ownership
Funds ownership: 85.25% → 84.22% (-1%)
23% less call options, than puts
Call options by funds: $386M | Put options by funds: $498M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Churchill Management
Los Angeles,
California
|
+$89.3M |
| 2 |
JP Morgan Chase
New York
|
+$75M |
| 3 |
LPL Financial
San Diego,
California
|
+$51.6M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$49.6M |
| 5 |
Meitav Investment House
Bene-Beraq,
Israel
|
+$48.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$303M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$262M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$90.2M |
| 4 |
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$63M |
| 5 |
AGF Management
Toronto,
Ontario, Canada
|
-$61.3M |
XLC Hedge Fund Activity: Q4 2024 in Review
1,055 of the 7,623 institutional investors tracked by Wall St. Rank reported a position in State Street Communication Services Select Sector SPDR ETF (XLC) for Q4 2024, worth a combined $17B — up 7% from $15.9B a quarter earlier.
Buyers outnumbered sellers: 174 funds opened new XLC positions and 62 closed out — a net gain of 112 holders — while 409 added to existing stakes and 313 trimmed.
The largest buyer was Churchill Management, adding an estimated $89.3M. The largest seller was Barclays, cutting an estimated $303M.
- 1,055 institutional investors held State Street Communication Services Select Sector SPDR ETF (XLC) as of Q4 2024, up from 960 in Q3 2024.
- Funds reported $17B of State Street Communication Services Select Sector SPDR ETF stock for Q4 2024, up 7% quarter-over-quarter.
- 174 funds opened new State Street Communication Services Select Sector SPDR ETF positions in Q4 2024 and 62 closed out, a net change of +112 holders.
- The largest State Street Communication Services Select Sector SPDR ETF buyer in Q4 2024 was Churchill Management, an estimated $89.3M added.
- The largest State Street Communication Services Select Sector SPDR ETF seller in Q4 2024 was Barclays, an estimated $303M sold.
Based on aggregated 13F filings for Q4 2024.