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State Street Financial Select Sector SPDR ETF

1,023 hedge funds and large institutions have $14.2B invested in State Street Financial Select Sector SPDR ETF in 2018 Q4 according to their latest regulatory filings, with 197 funds opening new positions, 291 increasing their positions, 428 reducing their positions, and 130 closing their positions.

New
Increased
Maintained
Reduced
Closed

52% more first-time investments, than exits

New positions opened: 197 | Existing positions closed: 130

5.77% more ownership

Funds ownership: 57.57%63.35% (+5.8%)

5% more funds holding

Funds holding: 9701,023 (+53)

4% less funds holding in top 10

Funds holding in top 10: 8077 (-3)

21% less capital invested

Capital invested by funds: $18.1B → $14.2B (-$3.87B)

32% less repeat investments, than reductions

Existing positions increased: 291 | Existing positions reduced: 428

47% less call options, than puts

Call options by funds: $2.16B | Put options by funds: $4.05B

Holders
1,023
Holders Change
+53
Holders Change %
+5.46%
% of All Funds
22.79%
Holding in Top 10
77
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-3.75%
% of All Funds
1.72%
New
197
Increased
291
Reduced
428
Closed
130
Calls
$2.16B
Puts
$4.05B
Net Calls
-$1.89B
Net Calls Change
-$898M
Name Holding Trade Value Shares
Change
Change in
Stake
PAG
26
Pinnacle Advisory Group
Maryland
$79.2M -$755K -29,064 -0.9%
UBS AM
27
UBS AM
Illinois
$77.5M -$8.14M -313,494 -9%
MIH
28
Meitav Investment House
Israel
$75.5M +$24.6M +945,887 +42%
JMPWA
29
JP Morgan Private Wealth Advisors
California
$69.5M +$5.38M +207,026 +8%
TD Asset Management
30
TD Asset Management
Ontario, Canada
$65.5M -$129M -4,981,566 -64%
ECP
31
Empyrean Capital Partners
California
$65.2M +$71.1M +2,737,837 New
SOMRS
32
State of Michigan Retirement System
Michigan
$63.5M +$17.5M +674,300 +34%
CM
33
Capula Management
Cayman Islands
$62.4M +$6.96M +267,879 +11%
Susquehanna International Group
34
Susquehanna International Group
Pennsylvania
$61.4M +$39.8M +1,533,184 +147%
TAIM
35
TD Ameritrade Investment Management
Nebraska
$61M -$5.34M -205,493 -7%
PVH
36
Psagot Value Holdings
Israel
$58.6M -$12.5M -481,566 -16%
N
37
Natixis
France
$53.8M +$216K +8,300 +0.4%
TAS
38
TIFF Advisory Services
Pennsylvania
$53.4M +$38.5M +1,481,454 +195%
MMEA
39
Main Management ETF Advisors
California
$52.9M +$3.31M +127,500 +6%
Northern Trust
40
Northern Trust
Illinois
$49.4M -$15.4M -592,037 -22%
SFM
41
Soros Fund Management
New York
$48.3M +$52.6M +2,025,759 New
RJA
42
Raymond James & Associates
Florida
$47.1M -$6.95M -267,475 -12%
PNC Financial Services Group
43
PNC Financial Services Group
Pennsylvania
$46.4M -$2.74M -105,521 -5%
RJFSA
44
Raymond James Financial Services Advisors
Florida
$46.3M -$4.85M -186,609 -9%
AII
45
AGF Investments Inc
Ontario, Canada
$45.6M -$17.7M -682,327 -26%
Commonwealth Equity Services
46
Commonwealth Equity Services
Massachusetts
$43.9M -$3.82M -146,966 -7%
SCCM
47
Schafer Cullen Capital Management
New York
$42.6M +$46.4M +1,787,019 New
SB
48
Suntrust Banks
Georgia
$41.7M -$1.73M -66,480 -4%
CIA
49
Capital Investment Advisors
Georgia
$39M -$8.38M -322,487 -16%
AAS
50
Annex Advisory Services
Wisconsin
$37.7M +$1.24M +47,661 +3%

XLF Hedge Fund Activity: Q4 2018 in Review

1,023 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q4 2018, worth a combined $14.2B — down 21% from $18.1B a quarter earlier.

Buyers outnumbered sellers: 197 funds opened new XLF positions and 130 closed out — a net gain of 67 holders — while 291 added to existing stakes and 428 trimmed.

The largest buyer was Altshuler Shaham, adding an estimated $247M. The largest seller was MKP Capital Management, exiting entirely with an estimated $329M sold.

  • 1,023 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q4 2018, up from 970 in Q3 2018.
  • Funds reported $14.2B of State Street Financial Select Sector SPDR ETF stock for Q4 2018, down 21% quarter-over-quarter.
  • 197 funds opened new State Street Financial Select Sector SPDR ETF positions in Q4 2018 and 130 closed out, a net change of +67 holders.
  • The largest State Street Financial Select Sector SPDR ETF buyer in Q4 2018 was Altshuler Shaham, an estimated $247M added.
  • The largest State Street Financial Select Sector SPDR ETF seller in Q4 2018 was MKP Capital Management, an estimated $329M sold.

Based on aggregated 13F filings for Q4 2018.