State Street Financial Select Sector SPDR ETF
XLF
1,517 hedge funds and large institutions have $29.4B invested in State Street Financial Select Sector SPDR ETF in 2024 Q1 according to their latest regulatory filings, with 172 funds opening new positions, 548 increasing their positions, 552 reducing their positions, and 94 closing their positions.
83% more first-time investments, than exits
New positions opened: 172 | Existing positions closed: 94
27% more funds holding in top 10
Funds holding in top 10: 66 → 84 (+18)
13% more capital invested
Capital invested by funds: $26.1B → $29.4B (+$3.37B)
4% more funds holding
Funds holding: 1,457 → 1,517 (+60)
0.28% more ownership
Funds ownership: 76.45% → 76.73% (+0.28%)
1% less repeat investments, than reductions
Existing positions increased: 548 | Existing positions reduced: 552
43% less call options, than puts
Call options by funds: $7.98B | Put options by funds: $14B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$901M |
| 2 |
CWM
CIBC World Markets
New York
|
+$336M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$324M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$221M |
| 5 |
Barclays
London,
United Kingdom
|
+$174M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.26B |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$379M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$326M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$315M |
| 5 |
MCM
MKP Capital Management
New York
|
-$297M |
XLF Hedge Fund Activity: Q1 2024 in Review
1,517 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q1 2024, worth a combined $29.4B — up 13% from $26.1B a quarter earlier.
Buyers outnumbered sellers: 172 funds opened new XLF positions and 94 closed out — a net gain of 78 holders — while 548 added to existing stakes and 552 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $901M. The largest seller was Morgan Stanley, cutting an estimated $1.26B.
- 1,517 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q1 2024, up from 1,457 in Q4 2023.
- Funds reported $29.4B of State Street Financial Select Sector SPDR ETF stock for Q1 2024, up 13% quarter-over-quarter.
- 172 funds opened new State Street Financial Select Sector SPDR ETF positions in Q1 2024 and 94 closed out, a net change of +78 holders.
- The largest State Street Financial Select Sector SPDR ETF buyer in Q1 2024 was JP Morgan Chase, an estimated $901M added.
- The largest State Street Financial Select Sector SPDR ETF seller in Q1 2024 was Morgan Stanley, an estimated $1.26B sold.
Based on aggregated 13F filings for Q1 2024.