State Street Financial Select Sector SPDR ETF
573 hedge funds and large institutions have $8.29B invested in State Street Financial Select Sector SPDR ETF in 2016 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 186 increasing their positions, 247 reducing their positions, and 60 closing their positions.
7% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 60
0% less funds holding
Funds holding: 575 → 573 (-2)
7% less funds holding in top 10
Funds holding in top 10: 43 → 40 (-3)
7.35% less ownership
Funds ownership: 65.87% → 58.52% (-7.4%)
11% less capital invested
Capital invested by funds: $9.36B → $8.29B (-$1.07B)
25% less repeat investments, than reductions
Existing positions increased: 186 | Existing positions reduced: 247
52% less call options, than puts
Call options by funds: $1.64B | Put options by funds: $3.42B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$60.4M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$57.5M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$35.8M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$28.1M |
| 5 |
IA
IndexIQ Advisors
New York
|
+$25.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$122M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$110M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$109M |
| 4 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$104M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$102M |
XLF Hedge Fund Activity: Q2 2016 in Review
573 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q2 2016, worth a combined $8.29B — down 11% from $9.36B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new XLF positions and 60 closed out — a net gain of 4 holders — while 186 added to existing stakes and 247 trimmed.
The largest buyer was Paloma Partners, adding an estimated $60.4M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $122M.
- 573 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q2 2016, down from 575 in Q1 2016.
- Funds reported $8.29B of State Street Financial Select Sector SPDR ETF stock for Q2 2016, down 11% quarter-over-quarter.
- 64 funds opened new State Street Financial Select Sector SPDR ETF positions in Q2 2016 and 60 closed out, a net change of +4 holders.
- The largest State Street Financial Select Sector SPDR ETF buyer in Q2 2016 was Paloma Partners, an estimated $60.4M added.
- The largest State Street Financial Select Sector SPDR ETF seller in Q2 2016 was BNP Paribas Financial Markets, an estimated $122M sold.
Based on aggregated 13F filings for Q2 2016.