State Street Financial Select Sector SPDR ETF
1,444 hedge funds and large institutions have $23B invested in State Street Financial Select Sector SPDR ETF in 2022 Q4 according to their latest regulatory filings, with 245 funds opening new positions, 503 increasing their positions, 507 reducing their positions, and 74 closing their positions.
231% more first-time investments, than exits
New positions opened: 245 | Existing positions closed: 74
31% more funds holding in top 10
Funds holding in top 10: 64 → 84 (+20)
24% more capital invested
Capital invested by funds: $18.6B → $23B (+$4.48B)
11% more funds holding
Funds holding: 1,304 → 1,444 (+140)
3.5% more ownership
Funds ownership: 67.73% → 71.22% (+3.5%)
1% less repeat investments, than reductions
Existing positions increased: 503 | Existing positions reduced: 507
45% less call options, than puts
Call options by funds: $4.31B | Put options by funds: $7.86B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$682M |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
+$524M |
| 3 |
CWM
CIBC World Markets
New York
|
+$406M |
| 4 |
N
Natixis
Paris,
France
|
+$384M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$320M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$362M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$323M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$242M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$222M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$213M |
XLF Hedge Fund Activity: Q4 2022 in Review
1,444 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q4 2022, worth a combined $23B — up 24% from $18.6B a quarter earlier.
Buyers outnumbered sellers: 245 funds opened new XLF positions and 74 closed out — a net gain of 171 holders — while 503 added to existing stakes and 507 trimmed.
The largest buyer was Toronto Dominion Bank, adding an estimated $682M. The largest seller was Canada Pension Plan Investment Board, cutting an estimated $362M.
- 1,444 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q4 2022, up from 1,304 in Q3 2022.
- Funds reported $23B of State Street Financial Select Sector SPDR ETF stock for Q4 2022, up 24% quarter-over-quarter.
- 245 funds opened new State Street Financial Select Sector SPDR ETF positions in Q4 2022 and 74 closed out, a net change of +171 holders.
- The largest State Street Financial Select Sector SPDR ETF buyer in Q4 2022 was Toronto Dominion Bank, an estimated $682M added.
- The largest State Street Financial Select Sector SPDR ETF seller in Q4 2022 was Canada Pension Plan Investment Board, an estimated $362M sold.
Based on aggregated 13F filings for Q4 2022.