State Street Energy Select Sector SPDR ETF
1,664 hedge funds and large institutions have $21.6B invested in State Street Energy Select Sector SPDR ETF in 2023 Q1 according to their latest regulatory filings, with 134 funds opening new positions, 673 increasing their positions, 685 reducing their positions, and 158 closing their positions.
2% less repeat investments, than reductions
Existing positions increased: 673 | Existing positions reduced: 685
3% less funds holding
Funds holding: 1,723 → 1,664 (-59)
3.9% less ownership
Funds ownership: 118.06% → 114.15% (-3.9%)
15% less first-time investments, than exits
New positions opened: 134 | Existing positions closed: 158
17% less capital invested
Capital invested by funds: $26.1B → $21.6B (-$4.54B)
28% less funds holding in top 10
Funds holding in top 10: 139 → 100 (-39)
50% less call options, than puts
Call options by funds: $3.57B | Put options by funds: $7.1B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VMPIC
Varma Mutual Pension Insurance Co
Helsinki,
Finland
|
+$316M |
| 2 |
Millennium Management
New York
|
+$283M |
| 3 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
+$214M |
| 4 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$206M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$205M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$396M |
| 2 |
Citigroup
New York
|
-$333M |
| 3 |
Morgan Stanley
New York
|
-$215M |
| 4 |
D.E. Shaw & Co
New York
|
-$182M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$172M |
XLE Hedge Fund Activity: Q1 2023 in Review
1,664 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in State Street Energy Select Sector SPDR ETF (XLE) for Q1 2023, worth a combined $21.6B — down 17% from $26.1B a quarter earlier.
Sellers outnumbered buyers: 158 funds closed out of XLE and 134 opened new positions — a net loss of 24 holders — while 685 trimmed existing stakes and 673 added.
The largest buyer was Varma Mutual Pension Insurance Co, opening a new position worth an estimated $316M. The largest seller was Susquehanna International Group, cutting an estimated $396M.
- 1,664 institutional investors held State Street Energy Select Sector SPDR ETF (XLE) as of Q1 2023, down from 1,723 in Q4 2022.
- Funds reported $21.6B of State Street Energy Select Sector SPDR ETF stock for Q1 2023, down 17% quarter-over-quarter.
- 134 funds opened new State Street Energy Select Sector SPDR ETF positions in Q1 2023 and 158 closed out, a net change of -24 holders.
- The largest State Street Energy Select Sector SPDR ETF buyer in Q1 2023 was Varma Mutual Pension Insurance Co, an estimated $316M added.
- The largest State Street Energy Select Sector SPDR ETF seller in Q1 2023 was Susquehanna International Group, an estimated $396M sold.
Based on aggregated 13F filings for Q1 2023.