State Street Financial Select Sector SPDR ETF
575 hedge funds and large institutions have $9.36B invested in State Street Financial Select Sector SPDR ETF in 2016 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 175 increasing their positions, 267 reducing their positions, and 118 closing their positions.
2.96% more ownership
Funds ownership: 62.91% → 65.87% (+3%)
10% less funds holding
Funds holding: 641 → 575 (-66)
12% less capital invested
Capital invested by funds: $10.6B → $9.36B (-$1.22B)
30% less funds holding in top 10
Funds holding in top 10: 61 → 43 (-18)
34% less repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 267
48% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 118
60% less call options, than puts
Call options by funds: $975M | Put options by funds: $2.41B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$328M |
| 2 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$185M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$114M |
| 4 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
+$109M |
| 5 |
SG Americas Securities
New York
|
+$95.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$399M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$208M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$126M |
| 4 |
Morgan Stanley
New York
|
-$122M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$106M |
XLF Hedge Fund Activity: Q1 2016 in Review
575 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q1 2016, worth a combined $9.36B — down 12% from $10.6B a quarter earlier.
Sellers outnumbered buyers: 118 funds closed out of XLF and 61 opened new positions — a net loss of 57 holders — while 267 trimmed existing stakes and 175 added.
The largest buyer was Citigroup, adding an estimated $328M. The largest seller was Schroder Investment Management Group, exiting entirely with an estimated $399M sold.
- 575 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q1 2016, down from 641 in Q4 2015.
- Funds reported $9.36B of State Street Financial Select Sector SPDR ETF stock for Q1 2016, down 12% quarter-over-quarter.
- 61 funds opened new State Street Financial Select Sector SPDR ETF positions in Q1 2016 and 118 closed out, a net change of -57 holders.
- The largest State Street Financial Select Sector SPDR ETF buyer in Q1 2016 was Citigroup, an estimated $328M added.
- The largest State Street Financial Select Sector SPDR ETF seller in Q1 2016 was Schroder Investment Management Group, an estimated $399M sold.
Based on aggregated 13F filings for Q1 2016.