State Street Financial Select Sector SPDR ETF
596 hedge funds and large institutions have $7.62B invested in State Street Financial Select Sector SPDR ETF in 2016 Q3 according to their latest regulatory filings, with 78 funds opening new positions, 88 increasing their positions, 429 reducing their positions, and 47 closing their positions.
66% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 47
4.99% more ownership
Funds ownership: 58.52% → 63.52% (+5%)
4% more funds holding
Funds holding: 573 → 596 (+23)
8% less capital invested
Capital invested by funds: $8.29B → $7.62B (-$663M)
18% less funds holding in top 10
Funds holding in top 10: 40 → 33 (-7)
22% less call options, than puts
Call options by funds: $949M | Put options by funds: $1.22B
79% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 429
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CANY
Caxton Associates (New York)
New York
|
+$259M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$211M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$193M |
| 4 |
SCM
Steadfast Capital Management
New York
|
+$69.3M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$59.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$346M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$215M |
| 3 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$187M |
| 4 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$132M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$118M |
XLF Hedge Fund Activity: Q3 2016 in Review
596 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q3 2016, worth a combined $7.62B — down 8% from $8.29B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new XLF positions and 47 closed out — a net gain of 31 holders — while 88 added to existing stakes and 429 trimmed.
The largest buyer was Caxton Associates (New York), opening a new position worth an estimated $259M. The largest seller was Citigroup, cutting an estimated $346M.
- 596 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q3 2016, up from 573 in Q2 2016.
- Funds reported $7.62B of State Street Financial Select Sector SPDR ETF stock for Q3 2016, down 8% quarter-over-quarter.
- 78 funds opened new State Street Financial Select Sector SPDR ETF positions in Q3 2016 and 47 closed out, a net change of +31 holders.
- The largest State Street Financial Select Sector SPDR ETF buyer in Q3 2016 was Caxton Associates (New York), an estimated $259M added.
- The largest State Street Financial Select Sector SPDR ETF seller in Q3 2016 was Citigroup, an estimated $346M sold.
Based on aggregated 13F filings for Q3 2016.