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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.

New
Increased
Maintained
Reduced
Closed

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: 765804 (+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: 9086 (-4)

44% less call options, than puts

Call options by funds: $3B | Put options by funds: $5.37B

Holders
804
Holders Change
+39
Holders Change %
+5.1%
% of All Funds
20.01%
Holding in Top 10
86
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-4.44%
% of All Funds
2.14%
New
116
Increased
356
Reduced
238
Closed
65
Calls
$3B
Puts
$5.37B
Net Calls
-$2.36B
Net Calls Change
-$3.44B
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$1.72B +$518M +21,644,942 +43%
Morgan Stanley
2
Morgan Stanley
New York
$1.19B +$122M +5,081,047 +11%
Wells Fargo
3
Wells Fargo
California
$1.08B +$25.4M +1,061,302 +2%
UBS Group
4
UBS Group
Switzerland
$655M -$27M -1,128,670 -4%
Barclays
5
Barclays
United Kingdom
$627M +$273M +11,400,719 +76%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$580M -$84M -3,509,363 -13%
CI
7
Clal Insurance
Israel
$480M +$110M +4,605,966 +29%
Goldman Sachs
8
Goldman Sachs
New York
$404M -$53.7M -2,240,706 -12%
BlackRock
9
BlackRock
New York
$364M +$111M +4,633,661 +43%
Ameriprise
10
Ameriprise
Minnesota
$311M +$111M +4,640,823 +55%
SPC
11
Slate Path Capital
New York
$286M -$360M -15,040,000 -55%
SGI
12
Swan Global Investments
Colorado
$266M +$29.8M +1,244,153 +13%
Nomura Holdings
13
Nomura Holdings
Japan
$259M +$72.1M +3,009,280 +38%
Citigroup
14
Citigroup
New York
$213M -$266M -11,109,505 -55%
Franklin Resources
15
Franklin Resources
California
$163M +$62.3M +2,601,350 +61%
Bank of Nova Scotia
16
Bank of Nova Scotia
Ontario, Canada
$154M -$6.53M -272,500 -4%
JP Morgan Chase
17
JP Morgan Chase
New York
$146M +$70.9M +2,961,538 +93%
Bessemer Group
18
Bessemer Group
New Jersey
$140M -$76.4M -3,189,036 -35%
PAG
19
Pinnacle Advisory Group
Maryland
$119M -$2.37M -98,798 -2%
State Street
20
State Street
Massachusetts
$115M +$110M +4,607,252 +1,809%
LPL Financial
21
LPL Financial
California
$115M +$25.5M +1,066,483 +28%
LMIM
22
Lockheed Martin Investment Management
Maryland
$113M -$2.54M -106,255 -2%
TAIM
23
TD Ameritrade Investment Management
Nebraska
$108M +$21.9M +915,819 +25%
Mirae Asset Global Investments
24
Mirae Asset Global Investments
South Korea
$95.6M -$32.9M -1,371,853 -25%
CM
25
Churchill Management
California
$95.1M +$28M +1,169,330 +41%

XLF Hedge Fund Activity: Q1 2017 in Review

804 of the 4,017 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.