State Street Financial Select Sector SPDR ETF
804 hedge funds and large institutions have $14.5B invested in State Street Financial Select Sector SPDR ETF in 2017 Q1 according to their latest regulatory filings, with 116 funds opening new positions, 356 increasing their positions, 238 reducing their positions, and 65 closing their positions.
78% more first-time investments, than exits
New positions opened: 116 | Existing positions closed: 65
50% more repeat investments, than reductions
Existing positions increased: 356 | Existing positions reduced: 238
5% more funds holding
Funds holding: 765 → 804 (+39)
4% more capital invested
Capital invested by funds: $14B → $14.5B (+$502M)
1.44% less ownership
Funds ownership: 62.87% → 61.43% (-1.4%)
4% less funds holding in top 10
Funds holding in top 10: 90 → 86 (-4)
44% less call options, than puts
Call options by funds: $3B | Put options by funds: $5.37B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$518M |
| 2 |
Barclays
London,
United Kingdom
|
+$273M |
| 3 |
Morgan Stanley
New York
|
+$122M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$111M |
| 5 |
BlackRock
New York
|
+$111M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Slate Path Capital
New York
|
-$360M |
| 2 |
Coatue Management
New York
|
-$308M |
| 3 |
Citigroup
New York
|
-$266M |
| 4 |
CANY
Caxton Associates (New York)
New York
|
-$215M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$125M |
XLF Hedge Fund Activity: Q1 2017 in Review
804 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q1 2017, worth a combined $14.5B — up 3.6% from $14B a quarter earlier.
Buyers outnumbered sellers: 116 funds opened new XLF positions and 65 closed out — a net gain of 51 holders — while 356 added to existing stakes and 238 trimmed.
The largest buyer was Bank of America, adding an estimated $518M. The largest seller was Slate Path Capital, cutting an estimated $360M.
- 804 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q1 2017, up from 765 in Q4 2016.
- Funds reported $14.5B of State Street Financial Select Sector SPDR ETF stock for Q1 2017, up 3.6% quarter-over-quarter.
- 116 funds opened new State Street Financial Select Sector SPDR ETF positions in Q1 2017 and 65 closed out, a net change of +51 holders.
- The largest State Street Financial Select Sector SPDR ETF buyer in Q1 2017 was Bank of America, an estimated $518M added.
- The largest State Street Financial Select Sector SPDR ETF seller in Q1 2017 was Slate Path Capital, an estimated $360M sold.
Based on aggregated 13F filings for Q1 2017.