State Street Financial Select Sector SPDR ETF
XLF
540 hedge funds and large institutions have $12B invested in State Street Financial Select Sector SPDR ETF in 2014 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 238 increasing their positions, 154 reducing their positions, and 45 closing their positions.
84% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 45
55% more repeat investments, than reductions
Existing positions increased: 238 | Existing positions reduced: 154
27% more funds holding in top 10
Funds holding in top 10: 49 → 62 (+13)
16% more capital invested
Capital invested by funds: $10.4B → $12B (+$1.63B)
7% more funds holding
Funds holding: 503 → 540 (+37)
0.9% less ownership
Funds ownership: 71.35% → 70.45% (-0.9%)
26% less call options, than puts
Call options by funds: $1.77B | Put options by funds: $2.4B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$331M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$244M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$207M |
| 4 |
EA
Euclid Advisors
Hartford,
Connecticut
|
+$205M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$140M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$158M |
| 2 |
Citigroup
New York
|
-$98.4M |
| 3 |
Goldman Sachs
New York
|
-$74.1M |
| 4 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$68.7M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$54M |
XLF Hedge Fund Activity: Q1 2014 in Review
540 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q1 2014, worth a combined $12B — up 16% from $10.4B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new XLF positions and 45 closed out — a net gain of 38 holders — while 238 added to existing stakes and 154 trimmed.
The largest buyer was Credit Suisse, adding an estimated $331M. The largest seller was Stadion Money Management, exiting entirely with an estimated $158M sold.
- 540 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q1 2014, up from 503 in Q4 2013.
- Funds reported $12B of State Street Financial Select Sector SPDR ETF stock for Q1 2014, up 16% quarter-over-quarter.
- 83 funds opened new State Street Financial Select Sector SPDR ETF positions in Q1 2014 and 45 closed out, a net change of +38 holders.
- The largest State Street Financial Select Sector SPDR ETF buyer in Q1 2014 was Credit Suisse, an estimated $331M added.
- The largest State Street Financial Select Sector SPDR ETF seller in Q1 2014 was Stadion Money Management, an estimated $158M sold.
Based on aggregated 13F filings for Q1 2014.