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State Street Financial Select Sector SPDR ETF

815 hedge funds and large institutions have $16.7B invested in State Street Financial Select Sector SPDR ETF in 2017 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 339 increasing their positions, 287 reducing their positions, and 60 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 60

18% more repeat investments, than reductions

Existing positions increased: 339 | Existing positions reduced: 287

16% more capital invested

Capital invested by funds: $14.4B → $16.7B (+$2.28B)

6% more funds holding in top 10

Funds holding in top 10: 8287 (+5)

1.93% more ownership

Funds ownership: 60.73%62.66% (+1.9%)

2% more funds holding

Funds holding: 800815 (+15)

12% less call options, than puts

Call options by funds: $3.75B | Put options by funds: $4.26B

Holders
815
Holders Change
+15
Holders Change %
+1.88%
% of All Funds
20.32%
Holding in Top 10
87
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+6.1%
% of All Funds
2.17%
New
84
Increased
339
Reduced
287
Closed
60
Calls
$3.75B
Puts
$4.26B
Net Calls
-$508M
Net Calls Change
+$902M
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
26
Envestnet Asset Management
Illinois
$106M +$8.38M +335,938 +9%
UBS AM
27
UBS AM
Illinois
$105M +$4.14M +166,100 +4%
Manulife (Manufacturers Life Insurance)
28
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$94.6M +$777K +31,125 +0.9%
BPC
29
Banque Pictet & Cie
Switzerland
$92.4M +$1.96M +78,753 +2%
Russell Investments Group
30
Russell Investments Group
United Kingdom
$89.9M
Mirae Asset Global Investments
31
Mirae Asset Global Investments
South Korea
$87.4M -$2.63M -105,481 -3%
PNC Financial Services Group
32
PNC Financial Services Group
Pennsylvania
$81.8M -$625K -25,043 -0.8%
TAIM
33
TD Ameritrade Investment Management
Nebraska
$81.3M -$340K -13,634 -0.4%
PAMU
34
Pictet Asset Management (UK)
United Kingdom
$80.5M +$25.2M +1,010,570 +48%
SG Americas Securities
35
SG Americas Securities
New York
$72.5M -$1.43M -57,273 -2%
PVH
36
Psagot Value Holdings
Israel
$71.2M -$2.8M -112,126 -4%
RBA
37
Richard Bernstein Advisors
New York
$66.3M +$2.21M +88,638 +4%
AII
38
AGF Investments Inc
Ontario, Canada
$61.7M -$2.49M -99,638 -4%
GCM
39
Graham Capital Management
Connecticut
$59.8M -$10.5M -421,778 -15%
SOMRS
40
State of Michigan Retirement System
Michigan
$58.6M
UCFA
41
United Capital Financial Advisors
Texas
$55.1M -$263K -10,526 -0.5%
Northern Trust
42
Northern Trust
Illinois
$54.2M +$203K +8,150 +0.4%
FIM
43
Foresters Investment Management
New York
$48.9M +$9.98K +400 +0%
Commonwealth Equity Services
44
Commonwealth Equity Services
Massachusetts
$46.6M -$2.03M -81,466 -4%
NMIFOAC
45
National Mutual Insurance Federation of Agricultural Cooperatives
Japan
$46.5M +$44.9M +1,799,000 New
CIA
46
Capital Investment Advisors
Georgia
$46.2M +$193M +7,719,894 +439%
TAM
47
Tiverton Asset Management
Delaware
$45.6M -$4.7M -188,400 -10%
RJA
48
Raymond James & Associates
Florida
$44.8M +$2.09M +83,771 +5%
RJFSA
49
Raymond James Financial Services Advisors
Florida
$44.4M +$5.82M +233,191 +16%
Baird Financial Group
50
Baird Financial Group
Wisconsin
$43.8M +$25.1M +1,006,362 +147%

XLF Hedge Fund Activity: Q3 2017 in Review

815 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q3 2017, worth a combined $16.7B — up 16% from $14.4B a quarter earlier.

Buyers outnumbered sellers: 84 funds opened new XLF positions and 60 closed out — a net gain of 24 holders — while 339 added to existing stakes and 287 trimmed.

The largest buyer was Bank of America, adding an estimated $1.01B. The largest seller was Morgan Stanley, cutting an estimated $173M.

  • 815 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q3 2017, up from 800 in Q2 2017.
  • Funds reported $16.7B of State Street Financial Select Sector SPDR ETF stock for Q3 2017, up 16% quarter-over-quarter.
  • 84 funds opened new State Street Financial Select Sector SPDR ETF positions in Q3 2017 and 60 closed out, a net change of +24 holders.
  • The largest State Street Financial Select Sector SPDR ETF buyer in Q3 2017 was Bank of America, an estimated $1.01B added.
  • The largest State Street Financial Select Sector SPDR ETF seller in Q3 2017 was Morgan Stanley, an estimated $173M sold.

Based on aggregated 13F filings for Q3 2017.