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State Street Financial Select Sector SPDR ETF

600 hedge funds and large institutions have $10.5B invested in State Street Financial Select Sector SPDR ETF in 2015 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 236 increasing their positions, 208 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more repeat investments, than reductions

Existing positions increased: 236 | Existing positions reduced: 208

0% more funds holding in top 10

Funds holding in top 10: 6161 (0)

3% less funds holding

Funds holding: 616600 (-16)

4.19% less ownership

Funds ownership: 75.01%70.82% (-4.2%)

14% less first-time investments, than exits

New positions opened: 61 | Existing positions closed: 71

14% less capital invested

Capital invested by funds: $12.2B → $10.5B (-$1.75B)

31% less call options, than puts

Call options by funds: $2.25B | Put options by funds: $3.25B

Holders
600
Holders Change
-16
Holders Change %
-2.6%
% of All Funds
16.75%
Holding in Top 10
61
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
1.7%
New
61
Increased
236
Reduced
208
Closed
71
Calls
$2.25B
Puts
$3.25B
Net Calls
-$1.01B
Net Calls Change
-$1.03B
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$1.09B +$442M +20,861,011 +61%
Wells Fargo
2
Wells Fargo
California
$994M +$47.7M +2,251,829 +5%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$954M -$104M -4,899,590 -9%
Goldman Sachs
4
Goldman Sachs
New York
$778M -$807M -38,054,447 -49%
Morgan Stanley
5
Morgan Stanley
New York
$694M -$268M -12,621,940 -27%
BNP Paribas Financial Markets
6
BNP Paribas Financial Markets
France
$645M +$337M +15,906,579 +96%
UBS Group
7
UBS Group
Switzerland
$434M -$293M -13,815,942 -39%
Ameriprise
8
Ameriprise
Minnesota
$305M +$178M +8,378,404 +121%
BlackRock
9
BlackRock
New York
$236M -$76.2M -3,595,280 -23%
CI
10
Clal Insurance
Israel
$208M -$5.39M -254,545 -2%
SGI
11
Swan Global Investments
Colorado
$173M +$13.4M +630,545 +8%
State Street
12
State Street
Massachusetts
$146M +$140M +6,607,309 +906%
PVH
13
Psagot Value Holdings
Israel
$140M -$8.86M -417,829 -6%
Citigroup
14
Citigroup
New York
$137M +$76.1M +3,590,746 +110%
LMIM
15
Lockheed Martin Investment Management
Maryland
$126M +$22.8M +1,075,956 +21%
RMPT
16
Raytheon Master Pension Trust
Massachusetts
$125M -$10.2M -481,872 -7%
Barclays
17
Barclays
United Kingdom
$105M +$94.6M +4,464,824 +471%
CSIA
18
Charles Schwab Investment Advisory
California
$99.8M +$268K +12,653 +0.3%
LPL Financial
19
LPL Financial
California
$97.2M +$22.7M +1,069,287 +29%
Bank of Nova Scotia
20
Bank of Nova Scotia
Ontario, Canada
$95.4M -$9.62M -453,879 -9%
PAG
21
Pinnacle Advisory Group
Maryland
$87.3M +$3.82M +180,319 +4%
MTWSIF
22
Mivtachim The Workers Social Insurance Fund
Israel
$78M +$15.8M +746,327 +24%
Susquehanna International Group
23
Susquehanna International Group
Pennsylvania
$68.2M +$18.8M +888,831 +35%
CS
24
Credit Suisse
Switzerland
$68.2M -$55.7M -2,629,965 -43%
SOMRS
25
State of Michigan Retirement System
Michigan
$67.2M

XLF Hedge Fund Activity: Q3 2015 in Review

600 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q3 2015, worth a combined $10.5B — down 14% from $12.2B a quarter earlier.

Sellers outnumbered buyers: 71 funds closed out of XLF and 61 opened new positions — a net loss of 10 holders — while 208 trimmed existing stakes and 236 added.

The largest buyer was Bank of America, adding an estimated $442M. The largest seller was Goldman Sachs, cutting an estimated $807M.

  • 600 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q3 2015, down from 616 in Q2 2015.
  • Funds reported $10.5B of State Street Financial Select Sector SPDR ETF stock for Q3 2015, down 14% quarter-over-quarter.
  • 61 funds opened new State Street Financial Select Sector SPDR ETF positions in Q3 2015 and 71 closed out, a net change of -10 holders.
  • The largest State Street Financial Select Sector SPDR ETF buyer in Q3 2015 was Bank of America, an estimated $442M added.
  • The largest State Street Financial Select Sector SPDR ETF seller in Q3 2015 was Goldman Sachs, an estimated $807M sold.

Based on aggregated 13F filings for Q3 2015.