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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.

New
Increased
Maintained
Reduced
Closed

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: 5366 (+13)

23% more capital invested

Capital invested by funds: $21.2B → $26.1B (+$4.82B)

10% more funds holding

Funds holding: 1,3281,457 (+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

Holders
1,457
Holders Change
+129
Holders Change %
+9.71%
% of All Funds
21.24%
Holding in Top 10
66
Holding in Top 10 Change
+13
Holding in Top 10 Change %
+24.53%
% of All Funds
0.96%
New
233
Increased
492
Reduced
540
Closed
80
Calls
$5.57B
Puts
$10.4B
Net Calls
-$4.83B
Net Calls Change
-$2.02B
Name Holding Trade Value Shares
Change
Change in
Stake
Toronto Dominion Bank
26
Toronto Dominion Bank
Ontario, Canada
$173M +$151M +4,371,379 +2,002%
BlackRock
27
BlackRock
New York
$167M +$2.13M +61,429 +1%
MMH
28
Menora Mivtachim Holdings
Israel
$158M -$108M -3,131,000 -43%
AOI
29
Auto-Owners Insurance
Michigan
$158M
Fidelity Investments
30
Fidelity Investments
Massachusetts
$139M -$1.69M -48,855 -1%
Citigroup
31
Citigroup
New York
$128M -$20.2M -584,880 -15%
TD Asset Management
32
TD Asset Management
Ontario, Canada
$127M +$49.6M +1,432,176 +74%
RJA
33
Raymond James & Associates
Florida
$116M -$778K -22,476 -0.7%
BNP Paribas Financial Markets
34
BNP Paribas Financial Markets
France
$114M +$52.2M +1,507,380 +100%
CWM
35
CIBC World Markets
New York
$113M
AM
36
AGF Management
Ontario, Canada
$111M +$24M +692,204 +31%
HighTower Advisors
37
HighTower Advisors
Illinois
$104M +$2.82M +81,363 +3%
Balyasny Asset Management
38
Balyasny Asset Management
Illinois
$103M +$2.76M +79,797 +3%
Osaic Holdings
39
Osaic Holdings
Arizona
$102M -$15.4M -446,117 -14%
RJFSA
40
Raymond James Financial Services Advisors
Florida
$99.7M -$1.44M -41,536 -2%
Envestnet Asset Management
41
Envestnet Asset Management
Illinois
$99.4M +$10.6M +306,577 +13%
MIFH
42
Migdal Insurance & Financial Holdings
Israel
$95.9M -$15.4M -443,541 -15%
CIBC World Market
43
CIBC World Market
Ontario, Canada
$95.7M +$73.5M +2,121,881 +501%
ORAM
44
One River Asset Management
Connecticut
$86.7M +$73.7M +2,128,601 +1,208%
CS
45
Credit Suisse
Switzerland
$86.3M -$43.8M -1,265,540 -36%
CIA
46
Capital Investment Advisors
Georgia
$83.2M -$466K -13,453 -0.6%
CWM
47
Congress Wealth Management
Massachusetts
$77.8M +$12.2M +353,509 +21%
SGI
48
Swan Global Investments
Colorado
$74.7M -$17.8M -515,216 -21%
JSAM
49
J. Safra Asset Management
New York
$71.1M -$6.93M -200,089 -10%
Northern Trust
50
Northern Trust
Illinois
$67.1M -$1.93M -55,796 -3%

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.