State Street Financial Select Sector SPDR ETF
XLF
434 hedge funds and large institutions have $8.45B invested in State Street Financial Select Sector SPDR ETF in 2013 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 193 increasing their positions, 117 reducing their positions, and 58 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 117
5% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 58
0% more funds holding
Funds holding: 434 → 434 (0)
3% less capital invested
Capital invested by funds: $8.72B → $8.45B (-$268M)
8.66% less ownership
Funds ownership: 71.3% → 62.64% (-8.7%)
10% less funds holding in top 10
Funds holding in top 10: 49 → 44 (-5)
53% less call options, than puts
Call options by funds: $1.77B | Put options by funds: $3.78B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$144M |
| 2 |
EA
Euclid Advisors
Hartford,
Connecticut
|
+$127M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$82.2M |
| 4 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$69M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$51.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$289M |
| 2 |
Morgan Stanley
New York
|
-$249M |
| 3 |
Barclays
London,
United Kingdom
|
-$125M |
| 4 |
CANY
Caxton Associates (New York)
New York
|
-$81.1M |
| 5 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$79M |
XLF Hedge Fund Activity: Q3 2013 in Review
434 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q3 2013, worth a combined $8.45B — down 3.1% from $8.72B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new XLF positions and 58 closed out — a net gain of 3 holders — while 193 added to existing stakes and 117 trimmed.
The largest buyer was Bank of America, adding an estimated $144M. The largest seller was JP Morgan Chase, cutting an estimated $289M.
- 434 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $8.45B of State Street Financial Select Sector SPDR ETF stock for Q3 2013, down 3.1% quarter-over-quarter.
- 61 funds opened new State Street Financial Select Sector SPDR ETF positions in Q3 2013 and 58 closed out, a net change of +3 holders.
- The largest State Street Financial Select Sector SPDR ETF buyer in Q3 2013 was Bank of America, an estimated $144M added.
- The largest State Street Financial Select Sector SPDR ETF seller in Q3 2013 was JP Morgan Chase, an estimated $289M sold.
Based on aggregated 13F filings for Q3 2013.