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State Street Financial Select Sector SPDR ETF

600 hedge funds and large institutions have $10.5B invested in State Street Financial Select Sector SPDR ETF in 2015 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 236 increasing their positions, 208 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more repeat investments, than reductions

Existing positions increased: 236 | Existing positions reduced: 208

0% more funds holding in top 10

Funds holding in top 10: 6161 (0)

3% less funds holding

Funds holding: 616600 (-16)

4.19% less ownership

Funds ownership: 75.01%70.82% (-4.2%)

14% less first-time investments, than exits

New positions opened: 61 | Existing positions closed: 71

14% less capital invested

Capital invested by funds: $12.2B → $10.5B (-$1.75B)

31% less call options, than puts

Call options by funds: $2.25B | Put options by funds: $3.25B

Holders
600
Holders Change
-16
Holders Change %
-2.6%
% of All Funds
16.75%
Holding in Top 10
61
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
1.7%
New
61
Increased
236
Reduced
208
Closed
71
Calls
$2.25B
Puts
$3.25B
Net Calls
-$1.01B
Net Calls Change
-$1.03B
Name Holding Trade Value Shares
Change
Change in
Stake
CM
26
Churchill Management
California
$64.6M -$11.2M -529,649 -14%
CA
27
Commerzbank Aktiengesellschaft
Germany
$58.2M +$61.1M +2,880,766 +6,227%
Royal Bank of Canada
28
Royal Bank of Canada
Ontario, Canada
$55.6M +$885K +41,755 +2%
SG
29
Swarthmore Group
Pennsylvania
$53M -$19.1M -899,470 -25%
MM
30
Main Management
California
$52.5M +$1.5M +71,001 +3%
BCI
31
Brinker Capital Investments
Pennsylvania
$49.8M -$591K -27,880 -1%
AL
32
Aspiriant LLC
California
$48.7M +$16.5M +776,449 +50%
FMI
33
Factory Mutual Insurance
Massachusetts
$47M
JP Morgan Chase
34
JP Morgan Chase
New York
$45.3M -$106M -5,014,896 -69%
FIM
35
Foresters Investment Management
New York
$43.3M +$19.8M +934,328 +75%
JCM
36
Janney Capital Management
Pennsylvania
$42.8M +$45.6M +2,153,631 New
ACM
37
Aviance Capital Management
Florida
$40.8M +$43.4M +2,048,530 New
TAIM
38
TD Ameritrade Investment Management
Nebraska
$39.1M -$3.13M -147,511 -7%
Northern Trust
39
Northern Trust
Illinois
$36.6M +$996K +47,011 +3%
HSBC Holdings
40
HSBC Holdings
United Kingdom
$35.6M -$33.2M -1,565,834 -47%
DCC
41
Dow Chemical Company
Michigan
$33.7M -$2.11M -99,481 -6%
AII
42
AGF Investments Inc
Ontario, Canada
$33.4M -$99.8M -4,707,421 -74%
Millennium Management
43
Millennium Management
New York
$33.2M +$20.6M +973,384 +140%
GA
44
Giralda Advisors
New York
$29.9M -$8.52M -401,985 -21%
RJA
45
Raymond James & Associates
Florida
$28.9M -$17M -804,232 -36%
PNC Financial Services Group
46
PNC Financial Services Group
Pennsylvania
$28.9M +$1.21M +57,165 +4%
Bank of Montreal
47
Bank of Montreal
Ontario, Canada
$28.6M +$4.64M +218,799 +18%
Fisher Asset Management
48
Fisher Asset Management
Washington
$27.3M +$1.29M +60,824 +5%
Commonwealth Equity Services
49
Commonwealth Equity Services
Massachusetts
$27.1M +$5.14M +242,523 +22%
US Bancorp
50
US Bancorp
Minnesota
$26.8M +$2.22M +104,893 +8%

XLF Hedge Fund Activity: Q3 2015 in Review

600 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q3 2015, worth a combined $10.5B — down 14% from $12.2B a quarter earlier.

Sellers outnumbered buyers: 71 funds closed out of XLF and 61 opened new positions — a net loss of 10 holders — while 208 trimmed existing stakes and 236 added.

The largest buyer was Bank of America, adding an estimated $442M. The largest seller was Goldman Sachs, cutting an estimated $807M.

  • 600 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q3 2015, down from 616 in Q2 2015.
  • Funds reported $10.5B of State Street Financial Select Sector SPDR ETF stock for Q3 2015, down 14% quarter-over-quarter.
  • 61 funds opened new State Street Financial Select Sector SPDR ETF positions in Q3 2015 and 71 closed out, a net change of -10 holders.
  • The largest State Street Financial Select Sector SPDR ETF buyer in Q3 2015 was Bank of America, an estimated $442M added.
  • The largest State Street Financial Select Sector SPDR ETF seller in Q3 2015 was Goldman Sachs, an estimated $807M sold.

Based on aggregated 13F filings for Q3 2015.