State Street Financial Select Sector SPDR ETF
1,328 hedge funds and large institutions have $21.2B invested in State Street Financial Select Sector SPDR ETF in 2023 Q3 according to their latest regulatory filings, with 110 funds opening new positions, 430 increasing their positions, 577 reducing their positions, and 105 closing their positions.
5% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 105
0% more funds holding in top 10
Funds holding in top 10: 53 → 53 (0)
0.24% less ownership
Funds ownership: 70.83% → 70.59% (-0.24%)
1% less funds holding
Funds holding: 1,342 → 1,328 (-14)
9% less capital invested
Capital invested by funds: $23.3B → $21.2B (-$2.06B)
25% less repeat investments, than reductions
Existing positions increased: 430 | Existing positions reduced: 577
33% less call options, than puts
Call options by funds: $5.68B | Put options by funds: $8.5B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PF
Phoenix Financial
Givatayim,
Israel
|
+$390M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$380M |
| 3 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$250M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$148M |
| 5 |
MCM
MKP Capital Management
New York
|
+$140M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.05B |
| 2 |
Barclays
London,
United Kingdom
|
-$940M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$397M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$275M |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$158M |
XLF Hedge Fund Activity: Q3 2023 in Review
1,328 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q3 2023, worth a combined $21.2B — down 8.9% from $23.3B a quarter earlier.
Buyers outnumbered sellers: 110 funds opened new XLF positions and 105 closed out — a net gain of 5 holders — while 430 added to existing stakes and 577 trimmed.
The largest buyer was Phoenix Financial, adding an estimated $390M. The largest seller was Wells Fargo, cutting an estimated $1.05B.
- 1,328 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q3 2023, down from 1,342 in Q2 2023.
- Funds reported $21.2B of State Street Financial Select Sector SPDR ETF stock for Q3 2023, down 8.9% quarter-over-quarter.
- 110 funds opened new State Street Financial Select Sector SPDR ETF positions in Q3 2023 and 105 closed out, a net change of +5 holders.
- The largest State Street Financial Select Sector SPDR ETF buyer in Q3 2023 was Phoenix Financial, an estimated $390M added.
- The largest State Street Financial Select Sector SPDR ETF seller in Q3 2023 was Wells Fargo, an estimated $1.05B sold.
Based on aggregated 13F filings for Q3 2023.