State Street Energy Select Sector SPDR ETF

XLE

Market cap $38.4B

XLE Hedge Fund Activity: Q2 2019 in Review

808 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in State Street Energy Select Sector SPDR ETF (XLE) for Q2 2019, worth a combined $8.49B — down 7.3% from $9.15B a quarter earlier.

Sellers outnumbered buyers: 118 funds closed out of XLE and 71 opened new positions — a net loss of 47 holders — while 364 trimmed existing stakes and 260 added.

The largest buyer was Prudential plc, opening a new position worth an estimated $611M. The largest seller was Rafferty Asset Management, exiting entirely with an estimated $266M sold.

• 808 institutional investors held State Street Energy Select Sector SPDR ETF (XLE) as of Q2 2019, down from 870 in Q1 2019.
• Funds reported $8.49B of State Street Energy Select Sector SPDR ETF stock for Q2 2019, down 7.3% quarter-over-quarter.
• 71 funds opened new State Street Energy Select Sector SPDR ETF positions in Q2 2019 and 118 closed out, a net change of -47 holders.
• The largest State Street Energy Select Sector SPDR ETF buyer in Q2 2019 was Prudential plc, an estimated $611M added.
• The largest State Street Energy Select Sector SPDR ETF seller in Q2 2019 was Rafferty Asset Management, an estimated $266M sold.

Based on aggregated 13F filings for Q2 2019.