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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
HighTower Advisors
51
HighTower Advisors
Illinois
$37.4M -$2.43M -93,411 -6%
Bank of Montreal
52
Bank of Montreal
Ontario, Canada
$36.4M -$14M -538,527 -26%
ONB
53
Old National Bancorp
Indiana
$35.8M -$660K -25,405 -2%
US Bancorp
54
US Bancorp
Minnesota
$35.6M -$2.08M -80,163 -5%
MM
55
Main Management
California
$35M -$122K -4,684 -0.3%
BPC
56
Banque Pictet & Cie
Switzerland
$34.8M +$1.93M +74,416 +5%
RMPT
57
Raytheon Master Pension Trust
Massachusetts
$31.1M
SFM
58
Signature Financial Management
Virginia
$30.5M +$130 +5 +0%
MML Investors Services
59
MML Investors Services
Massachusetts
$28.8M -$8.48M -326,388 -21%
CS
60
Credit Suisse
Switzerland
$28.7M -$3.59M -138,301 -10%
KC
61
Kepos Capital
New York
$28.3M +$24.7M +952,220 +406%
ST
62
Spinnaker Trust
Maine
$27.1M -$6.73M -259,172 -19%
AssetMark Inc
63
AssetMark Inc
California
$26.4M +$24.4M +939,195 +549%
SAS
64
Sage Advisory Services
Texas
$24.7M +$8.16M +314,119 +44%
TSS
65
Two Sigma Securities
New York
$24.7M +$24.9M +957,479 +1,231%
HAM
66
Hillswick Asset Management
Connecticut
$22.8M -$294K -11,338 -1%
Mirae Asset Global Investments
67
Mirae Asset Global Investments
South Korea
$22.2M -$854K -32,866 -3%
SG
68
Swarthmore Group
Pennsylvania
$21.9M +$8.16M +314,000 +52%
BNP Paribas Financial Markets
69
BNP Paribas Financial Markets
France
$21.6M -$95.9M -3,693,789 -80%
UCFA
70
United Capital Financial Advisors
Texas
$21.3M -$18.4M -707,506 -44%
CG
71
Cutler Group
California
$20.8M +$10.6M +409,790 +89%
JCM
72
Julex Capital Management
Massachusetts
$20.7M +$20.1M +774,642 New
LTFS
73
Ladenburg Thalmann Financial Services
Florida
$20.7M -$5.82M -223,923 -20%
PAG
74
Private Advisor Group
New Jersey
$20.4M -$3.72M -143,172 -14%
ACM
75
Azimuth Capital Management
Michigan
$19.9M +$6.91M +266,035 +47%

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.