State Street Financial Select Sector SPDR ETF
1,304 hedge funds and large institutions have $18.6B invested in State Street Financial Select Sector SPDR ETF in 2022 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 444 increasing their positions, 585 reducing their positions, and 123 closing their positions.
1.72% more ownership
Funds ownership: 66.01% → 67.73% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 64 → 64 (0)
5% less capital invested
Capital invested by funds: $19.5B → $18.6B (-$909M)
5% less funds holding
Funds holding: 1,373 → 1,304 (-69)
24% less repeat investments, than reductions
Existing positions increased: 444 | Existing positions reduced: 585
39% less first-time investments, than exits
New positions opened: 75 | Existing positions closed: 123
39% less call options, than puts
Call options by funds: $4.09B | Put options by funds: $6.75B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$518M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
+$374M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$298M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$216M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$198M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$296M |
| 2 |
Morgan Stanley
New York
|
-$279M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$209M |
| 4 |
JP Morgan Chase
New York
|
-$195M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$169M |
XLF Hedge Fund Activity: Q3 2022 in Review
1,304 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q3 2022, worth a combined $18.6B — down 4.7% from $19.5B a quarter earlier.
Sellers outnumbered buyers: 123 funds closed out of XLF and 75 opened new positions — a net loss of 48 holders — while 585 trimmed existing stakes and 444 added.
The largest buyer was Bank of America, adding an estimated $518M. The largest seller was Bank of Nova Scotia, cutting an estimated $296M.
- 1,304 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q3 2022, down from 1,373 in Q2 2022.
- Funds reported $18.6B of State Street Financial Select Sector SPDR ETF stock for Q3 2022, down 4.7% quarter-over-quarter.
- 75 funds opened new State Street Financial Select Sector SPDR ETF positions in Q3 2022 and 123 closed out, a net change of -48 holders.
- The largest State Street Financial Select Sector SPDR ETF buyer in Q3 2022 was Bank of America, an estimated $518M added.
- The largest State Street Financial Select Sector SPDR ETF seller in Q3 2022 was Bank of Nova Scotia, an estimated $296M sold.
Based on aggregated 13F filings for Q3 2022.