State Street Financial Select Sector SPDR ETF
972 hedge funds and large institutions have $11.6B invested in State Street Financial Select Sector SPDR ETF in 2020 Q1 according to their latest regulatory filings, with 112 funds opening new positions, 282 increasing their positions, 468 reducing their positions, and 246 closing their positions.
14.36% more ownership
Funds ownership: 61.23% → 75.58% (+14%)
13% less funds holding
Funds holding: 1,123 → 972 (-151)
23% less capital invested
Capital invested by funds: $15.2B → $11.6B (-$3.56B)
39% less funds holding in top 10
Funds holding in top 10: 67 → 41 (-26)
40% less repeat investments, than reductions
Existing positions increased: 282 | Existing positions reduced: 468
48% less call options, than puts
Call options by funds: $2.06B | Put options by funds: $3.92B
54% less first-time investments, than exits
New positions opened: 112 | Existing positions closed: 246
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.07B |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$391M |
| 3 |
JP Morgan Chase
New York
|
+$296M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$288M |
| 5 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$252M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Prudential plc
London, England,
United Kingdom
|
-$636M |
| 2 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$251M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$227M |
| 4 |
FAF
Första AP-fonden
Stockholm,
Sweden
|
-$182M |
| 5 |
CM
Churchill Management
Los Angeles,
California
|
-$96.7M |
XLF Hedge Fund Activity: Q1 2020 in Review
972 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q1 2020, worth a combined $11.6B — down 23% from $15.2B a quarter earlier.
Sellers outnumbered buyers: 246 funds closed out of XLF and 112 opened new positions — a net loss of 134 holders — while 468 trimmed existing stakes and 282 added.
The largest buyer was Morgan Stanley, adding an estimated $1.07B. The largest seller was Prudential plc, exiting entirely with an estimated $636M sold.
- 972 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q1 2020, down from 1,123 in Q4 2019.
- Funds reported $11.6B of State Street Financial Select Sector SPDR ETF stock for Q1 2020, down 23% quarter-over-quarter.
- 112 funds opened new State Street Financial Select Sector SPDR ETF positions in Q1 2020 and 246 closed out, a net change of -134 holders.
- The largest State Street Financial Select Sector SPDR ETF buyer in Q1 2020 was Morgan Stanley, an estimated $1.07B added.
- The largest State Street Financial Select Sector SPDR ETF seller in Q1 2020 was Prudential plc, an estimated $636M sold.
Based on aggregated 13F filings for Q1 2020.