State Street Financial Select Sector SPDR ETF
960 hedge funds and large institutions have $20.1B invested in State Street Financial Select Sector SPDR ETF in 2017 Q4 according to their latest regulatory filings, with 196 funds opening new positions, 384 increasing their positions, 271 reducing their positions, and 41 closing their positions.
378% more first-time investments, than exits
New positions opened: 196 | Existing positions closed: 41
42% more repeat investments, than reductions
Existing positions increased: 384 | Existing positions reduced: 271
28% more funds holding in top 10
Funds holding in top 10: 87 → 111 (+24)
20% more capital invested
Capital invested by funds: $16.7B → $20.1B (+$3.35B)
18% more funds holding
Funds holding: 815 → 960 (+145)
0.85% less ownership
Funds ownership: 62.66% → 61.82% (-0.85%)
44% less call options, than puts
Call options by funds: $2.86B | Put options by funds: $5.14B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$507M |
| 2 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
+$269M |
| 3 |
Goldman Sachs
New York
|
+$148M |
| 4 |
State Street
Boston,
Massachusetts
|
+$124M |
| 5 |
RBA
Richard Bernstein Advisors
New York
|
+$108M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$233M |
| 2 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$206M |
| 3 |
Barclays
London,
United Kingdom
|
-$113M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$96.8M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$79.9M |
XLF Hedge Fund Activity: Q4 2017 in Review
960 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q4 2017, worth a combined $20.1B — up 20% from $16.7B a quarter earlier.
Buyers outnumbered sellers: 196 funds opened new XLF positions and 41 closed out — a net gain of 155 holders — while 384 added to existing stakes and 271 trimmed.
The largest buyer was Bank of America, adding an estimated $507M. The largest seller was Quantitative Investment Management, cutting an estimated $233M.
- 960 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q4 2017, up from 815 in Q3 2017.
- Funds reported $20.1B of State Street Financial Select Sector SPDR ETF stock for Q4 2017, up 20% quarter-over-quarter.
- 196 funds opened new State Street Financial Select Sector SPDR ETF positions in Q4 2017 and 41 closed out, a net change of +155 holders.
- The largest State Street Financial Select Sector SPDR ETF buyer in Q4 2017 was Bank of America, an estimated $507M added.
- The largest State Street Financial Select Sector SPDR ETF seller in Q4 2017 was Quantitative Investment Management, an estimated $233M sold.
Based on aggregated 13F filings for Q4 2017.