State Street Financial Select Sector SPDR ETF
1,585 hedge funds and large institutions have $31.2B invested in State Street Financial Select Sector SPDR ETF in 2024 Q3 according to their latest regulatory filings, with 184 funds opening new positions, 614 increasing their positions, 543 reducing their positions, and 78 closing their positions.
136% more first-time investments, than exits
New positions opened: 184 | Existing positions closed: 78
13% more repeat investments, than reductions
Existing positions increased: 614 | Existing positions reduced: 543
10% more capital invested
Capital invested by funds: $28.2B → $31.2B (+$2.94B)
8% more funds holding in top 10
Funds holding in top 10: 72 → 78 (+6)
6% more funds holding
Funds holding: 1,496 → 1,585 (+89)
1.46% more ownership
Funds ownership: 72.59% → 74.06% (+1.5%)
41% less call options, than puts
Call options by funds: $9.05B | Put options by funds: $15.4B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$273M |
| 2 |
Millennium Management
New York
|
+$177M |
| 3 |
MCM
MKP Capital Management
New York
|
+$169M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$161M |
| 5 |
SFM
Soros Fund Management
New York
|
+$122M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$804M |
| 2 |
Barclays
London,
United Kingdom
|
-$426M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$369M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$218M |
| 5 |
BBVA
Banco Bilbao Vizcaya Argentaria
Madrid,
Spain
|
-$171M |
XLF Hedge Fund Activity: Q3 2024 in Review
1,585 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q3 2024, worth a combined $31.2B — up 10% from $28.2B a quarter earlier.
Buyers outnumbered sellers: 184 funds opened new XLF positions and 78 closed out — a net gain of 106 holders — while 614 added to existing stakes and 543 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $273M. The largest seller was JP Morgan Chase, cutting an estimated $804M.
- 1,585 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q3 2024, up from 1,496 in Q2 2024.
- Funds reported $31.2B of State Street Financial Select Sector SPDR ETF stock for Q3 2024, up 10% quarter-over-quarter.
- 184 funds opened new State Street Financial Select Sector SPDR ETF positions in Q3 2024 and 78 closed out, a net change of +106 holders.
- The largest State Street Financial Select Sector SPDR ETF buyer in Q3 2024 was Envestnet Asset Management, an estimated $273M added.
- The largest State Street Financial Select Sector SPDR ETF seller in Q3 2024 was JP Morgan Chase, an estimated $804M sold.
Based on aggregated 13F filings for Q3 2024.