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State Street Financial Select Sector SPDR ETF

815 hedge funds and large institutions have $16.7B invested in State Street Financial Select Sector SPDR ETF in 2017 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 339 increasing their positions, 287 reducing their positions, and 60 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 60

18% more repeat investments, than reductions

Existing positions increased: 339 | Existing positions reduced: 287

16% more capital invested

Capital invested by funds: $14.4B → $16.7B (+$2.28B)

6% more funds holding in top 10

Funds holding in top 10: 8287 (+5)

1.93% more ownership

Funds ownership: 60.73%62.66% (+1.9%)

2% more funds holding

Funds holding: 800815 (+15)

12% less call options, than puts

Call options by funds: $3.75B | Put options by funds: $4.26B

Holders
815
Holders Change
+15
Holders Change %
+1.88%
% of All Funds
20.32%
Holding in Top 10
87
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+6.1%
% of All Funds
2.17%
New
84
Increased
339
Reduced
287
Closed
60
Calls
$3.75B
Puts
$4.26B
Net Calls
-$508M
Net Calls Change
+$902M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$3.13B +$1.01B +40,469,142 +50%
Wells Fargo
2
Wells Fargo
California
$1.12B -$15M -602,588 -1%
Morgan Stanley
3
Morgan Stanley
New York
$1.12B -$173M -6,949,932 -14%
UBS Group
4
UBS Group
Switzerland
$731M +$60.5M +2,424,276 +9%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$580M -$22.3M -892,342 -4%
Goldman Sachs
6
Goldman Sachs
New York
$546M -$21.4M -855,872 -4%
QIM
7
Quantitative Investment Management
Virginia
$534M +$301M +12,048,100 +140%
BlackRock
8
BlackRock
New York
$466M +$158M +6,325,000 +54%
JP Morgan Chase
9
JP Morgan Chase
New York
$422M +$75.8M +3,037,294 +23%
CI
10
Clal Insurance
Israel
$339M +$3.85M +154,470 +1%
SGI
11
Swan Global Investments
Colorado
$336M +$18.7M +750,020 +6%
Bank of Nova Scotia
12
Bank of Nova Scotia
Ontario, Canada
$315M +$64.6M +2,590,493 +27%
Citigroup
13
Citigroup
New York
$218M +$116M +4,662,894 +124%
Ameriprise
14
Ameriprise
Minnesota
$215M -$65.4M -2,622,336 -24%
Schroder Investment Management Group
15
Schroder Investment Management Group
United Kingdom
$195M +$189M +7,561,466 +105,755%
Barclays
16
Barclays
United Kingdom
$190M +$67.1M +2,688,217 +58%
LPL Financial
17
LPL Financial
California
$175M +$36.7M +1,470,410 +28%
PAG
18
Pinnacle Advisory Group
Maryland
$162M +$45.9M +1,840,000 +42%
Franklin Resources
19
Franklin Resources
California
$157M -$11.1M -444,575 -7%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$137M +$5.01M +200,995 +4%
Bank of Montreal
21
Bank of Montreal
Ontario, Canada
$132M +$2.35M +94,017 +2%
CM
22
Churchill Management
California
$121M +$7.85M +314,763 +7%
N
23
Natixis
France
$121M +$10M +401,745 +9%
Parallax Volatility Advisers
24
Parallax Volatility Advisers
California
$117M -$35.6M -1,427,872 -24%
LMIM
25
Lockheed Martin Investment Management
Maryland
$112M -$3.78M -151,398 -3%

XLF Hedge Fund Activity: Q3 2017 in Review

815 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q3 2017, worth a combined $16.7B — up 16% from $14.4B a quarter earlier.

Buyers outnumbered sellers: 84 funds opened new XLF positions and 60 closed out — a net gain of 24 holders — while 339 added to existing stakes and 287 trimmed.

The largest buyer was Bank of America, adding an estimated $1.01B. The largest seller was Morgan Stanley, cutting an estimated $173M.

  • 815 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q3 2017, up from 800 in Q2 2017.
  • Funds reported $16.7B of State Street Financial Select Sector SPDR ETF stock for Q3 2017, up 16% quarter-over-quarter.
  • 84 funds opened new State Street Financial Select Sector SPDR ETF positions in Q3 2017 and 60 closed out, a net change of +24 holders.
  • The largest State Street Financial Select Sector SPDR ETF buyer in Q3 2017 was Bank of America, an estimated $1.01B added.
  • The largest State Street Financial Select Sector SPDR ETF seller in Q3 2017 was Morgan Stanley, an estimated $173M sold.

Based on aggregated 13F filings for Q3 2017.