State Street Financial Select Sector SPDR ETF
1,342 hedge funds and large institutions have $23.3B invested in State Street Financial Select Sector SPDR ETF in 2023 Q2 according to their latest regulatory filings, with 127 funds opening new positions, 386 increasing their positions, 642 reducing their positions, and 131 closing their positions.
14% more capital invested
Capital invested by funds: $20.5B → $23.3B (+$2.83B)
3.43% more ownership
Funds ownership: 67.4% → 70.83% (+3.4%)
3% less first-time investments, than exits
New positions opened: 127 | Existing positions closed: 131
1% less funds holding
Funds holding: 1,360 → 1,342 (-18)
21% less funds holding in top 10
Funds holding in top 10: 67 → 53 (-14)
34% less call options, than puts
Call options by funds: $4.51B | Put options by funds: $6.88B
40% less repeat investments, than reductions
Existing positions increased: 386 | Existing positions reduced: 642
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$1.24B |
| 2 |
Barclays
London,
United Kingdom
|
+$1.17B |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$456M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$254M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$212M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VMPIC
Varma Mutual Pension Insurance Co
Helsinki,
Finland
|
-$223M |
| 2 |
Goldman Sachs
New York
|
-$159M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$155M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$117M |
| 5 |
State Street
Boston,
Massachusetts
|
-$108M |
XLF Hedge Fund Activity: Q2 2023 in Review
1,342 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q2 2023, worth a combined $23.3B — up 14% from $20.5B a quarter earlier.
Sellers outnumbered buyers: 131 funds closed out of XLF and 127 opened new positions — a net loss of 4 holders — while 642 trimmed existing stakes and 386 added.
The largest buyer was JP Morgan Chase, adding an estimated $1.24B. The largest seller was Varma Mutual Pension Insurance Co, cutting an estimated $223M.
- 1,342 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q2 2023, down from 1,360 in Q1 2023.
- Funds reported $23.3B of State Street Financial Select Sector SPDR ETF stock for Q2 2023, up 14% quarter-over-quarter.
- 127 funds opened new State Street Financial Select Sector SPDR ETF positions in Q2 2023 and 131 closed out, a net change of -4 holders.
- The largest State Street Financial Select Sector SPDR ETF buyer in Q2 2023 was JP Morgan Chase, an estimated $1.24B added.
- The largest State Street Financial Select Sector SPDR ETF seller in Q2 2023 was Varma Mutual Pension Insurance Co, an estimated $223M sold.
Based on aggregated 13F filings for Q2 2023.