State Street Financial Select Sector SPDR ETF
XLF
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.
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: 970 → 1,023 (+53)
4% less funds holding in top 10
Funds holding in top 10: 80 → 77 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$247M |
| 2 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$227M |
| 3 |
Barclays
London,
United Kingdom
|
+$74.8M |
| 4 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$71.1M |
| 5 |
SFM
Soros Fund Management
New York
|
+$52.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
MKP Capital Management
New York
|
-$329M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$297M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$207M |
| 4 |
CM
Churchill Management
Los Angeles,
California
|
-$154M |
| 5 |
BlackRock
New York
|
-$134M |
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.