State Street Financial Select Sector SPDR ETF
1,457 hedge funds and large institutions have $26.1B invested in State Street Financial Select Sector SPDR ETF in 2023 Q4 according to their latest regulatory filings, with 233 funds opening new positions, 492 increasing their positions, 540 reducing their positions, and 80 closing their positions.
191% more first-time investments, than exits
New positions opened: 233 | Existing positions closed: 80
25% more funds holding in top 10
Funds holding in top 10: 53 → 66 (+13)
23% more capital invested
Capital invested by funds: $21.2B → $26.1B (+$4.82B)
10% more funds holding
Funds holding: 1,328 → 1,457 (+129)
5.87% more ownership
Funds ownership: 70.59% → 76.45% (+5.9%)
9% less repeat investments, than reductions
Existing positions increased: 492 | Existing positions reduced: 540
46% less call options, than puts
Call options by funds: $5.57B | Put options by funds: $10.4B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.25B |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$411M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$277M |
| 4 |
MCM
MKP Capital Management
New York
|
+$235M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$202M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$364M |
| 2 |
Barclays
London,
United Kingdom
|
-$308M |
| 3 |
VMPIC
Varma Mutual Pension Insurance Co
Helsinki,
Finland
|
-$171M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$147M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$117M |
XLF Hedge Fund Activity: Q4 2023 in Review
1,457 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q4 2023, worth a combined $26.1B — up 23% from $21.2B a quarter earlier.
Buyers outnumbered sellers: 233 funds opened new XLF positions and 80 closed out — a net gain of 153 holders — while 492 added to existing stakes and 540 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.25B. The largest seller was JP Morgan Chase, cutting an estimated $364M.
- 1,457 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q4 2023, up from 1,328 in Q3 2023.
- Funds reported $26.1B of State Street Financial Select Sector SPDR ETF stock for Q4 2023, up 23% quarter-over-quarter.
- 233 funds opened new State Street Financial Select Sector SPDR ETF positions in Q4 2023 and 80 closed out, a net change of +153 holders.
- The largest State Street Financial Select Sector SPDR ETF buyer in Q4 2023 was Morgan Stanley, an estimated $1.25B added.
- The largest State Street Financial Select Sector SPDR ETF seller in Q4 2023 was JP Morgan Chase, an estimated $364M sold.
Based on aggregated 13F filings for Q4 2023.