State Street Energy Select Sector SPDR ETF
452 hedge funds and large institutions have $10.9B invested in State Street Energy Select Sector SPDR ETF in 2014 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 184 increasing their positions, 141 reducing their positions, and 73 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 184 | Existing positions reduced: 141
6% less funds holding
Funds holding: 480 → 452 (-28)
8.64% less ownership
Funds ownership: 210.35% → 201.71% (-8.6%)
14% less funds holding in top 10
Funds holding in top 10: 37 → 32 (-5)
17% less capital invested
Capital invested by funds: $13.1B → $10.9B (-$2.19B)
36% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 73
78% less call options, than puts
Call options by funds: $840M | Put options by funds: $3.88B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$320M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$265M |
| 3 |
Two Sigma Investments
New York
|
+$232M |
| 4 |
Citigroup
New York
|
+$103M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$88.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$508M |
| 2 |
EA
Euclid Advisors
Hartford,
Connecticut
|
-$503M |
| 3 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$493M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$249M |
| 5 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$192M |
XLE Hedge Fund Activity: Q3 2014 in Review
452 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in State Street Energy Select Sector SPDR ETF (XLE) for Q3 2014, worth a combined $10.9B — down 17% from $13.1B a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of XLE and 47 opened new positions — a net loss of 26 holders — while 141 trimmed existing stakes and 184 added.
The largest buyer was Commerzbank Aktiengesellschaft, adding an estimated $320M. The largest seller was Goldman Sachs, cutting an estimated $508M.
- 452 institutional investors held State Street Energy Select Sector SPDR ETF (XLE) as of Q3 2014, down from 480 in Q2 2014.
- Funds reported $10.9B of State Street Energy Select Sector SPDR ETF stock for Q3 2014, down 17% quarter-over-quarter.
- 47 funds opened new State Street Energy Select Sector SPDR ETF positions in Q3 2014 and 73 closed out, a net change of -26 holders.
- The largest State Street Energy Select Sector SPDR ETF buyer in Q3 2014 was Commerzbank Aktiengesellschaft, an estimated $320M added.
- The largest State Street Energy Select Sector SPDR ETF seller in Q3 2014 was Goldman Sachs, an estimated $508M sold.
Based on aggregated 13F filings for Q3 2014.