State Street Financial Select Sector SPDR ETF
988 hedge funds and large institutions have $14.3B invested in State Street Financial Select Sector SPDR ETF in 2019 Q3 according to their latest regulatory filings, with 87 funds opening new positions, 250 increasing their positions, 486 reducing their positions, and 67 closing their positions.
30% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 67
3% more funds holding in top 10
Funds holding in top 10: 59 → 61 (+2)
1% more funds holding
Funds holding: 977 → 988 (+11)
1.42% less ownership
Funds ownership: 65.96% → 64.55% (-1.4%)
9% less capital invested
Capital invested by funds: $15.8B → $14.3B (-$1.42B)
49% less repeat investments, than reductions
Existing positions increased: 250 | Existing positions reduced: 486
67% less call options, than puts
Call options by funds: $1.68B | Put options by funds: $5.02B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$276M |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$231M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
+$71.8M |
| 4 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$63.4M |
| 5 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$62.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.16B |
| 2 |
CM
Churchill Management
Los Angeles,
California
|
-$169M |
| 3 |
Citigroup
New York
|
-$133M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$107M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$89.3M |
XLF Hedge Fund Activity: Q3 2019 in Review
988 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q3 2019, worth a combined $14.3B — down 9% from $15.8B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new XLF positions and 67 closed out — a net gain of 20 holders — while 250 added to existing stakes and 486 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $276M. The largest seller was Bank of America, cutting an estimated $1.16B.
- 988 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q3 2019, up from 977 in Q2 2019.
- Funds reported $14.3B of State Street Financial Select Sector SPDR ETF stock for Q3 2019, down 9% quarter-over-quarter.
- 87 funds opened new State Street Financial Select Sector SPDR ETF positions in Q3 2019 and 67 closed out, a net change of +20 holders.
- The largest State Street Financial Select Sector SPDR ETF buyer in Q3 2019 was JP Morgan Chase, an estimated $276M added.
- The largest State Street Financial Select Sector SPDR ETF seller in Q3 2019 was Bank of America, an estimated $1.16B sold.
Based on aggregated 13F filings for Q3 2019.