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State Street Financial Select Sector SPDR ETF

1,023 hedge funds and large institutions have $14.2B invested in State Street Financial Select Sector SPDR ETF in 2018 Q4 according to their latest regulatory filings, with 197 funds opening new positions, 291 increasing their positions, 428 reducing their positions, and 130 closing their positions.

New
Increased
Maintained
Reduced
Closed

52% more first-time investments, than exits

New positions opened: 197 | Existing positions closed: 130

5.77% more ownership

Funds ownership: 57.57%63.35% (+5.8%)

5% more funds holding

Funds holding: 9701,023 (+53)

4% less funds holding in top 10

Funds holding in top 10: 8077 (-3)

21% less capital invested

Capital invested by funds: $18.1B → $14.2B (-$3.87B)

32% less repeat investments, than reductions

Existing positions increased: 291 | Existing positions reduced: 428

47% less call options, than puts

Call options by funds: $2.16B | Put options by funds: $4.05B

Holders
1,023
Holders Change
+53
Holders Change %
+5.46%
% of All Funds
22.79%
Holding in Top 10
77
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-3.75%
% of All Funds
1.72%
New
197
Increased
291
Reduced
428
Closed
130
Calls
$2.16B
Puts
$4.05B
Net Calls
-$1.89B
Net Calls Change
-$898M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$2.94B -$207M -7,977,725 -6%
Morgan Stanley
2
Morgan Stanley
New York
$1.05B +$1.01M +38,976 +0.1%
Wells Fargo
3
Wells Fargo
California
$892M -$39.5M -1,521,467 -4%
UBS Group
4
UBS Group
Switzerland
$631M +$22.2M +856,432 +3%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$440M -$20.5M -790,679 -4%
AS
6
Altshuler Shaham
Israel
$437M +$247M +9,493,699 +107%
Goldman Sachs
7
Goldman Sachs
New York
$419M -$11.3M -434,990 -2%
JP Morgan Chase
8
JP Morgan Chase
New York
$345M -$34.3M -1,322,450 -8%
Ameriprise
9
Ameriprise
Minnesota
$273M -$18.4M -708,083 -6%
Citigroup
10
Citigroup
New York
$252M -$97.5M -3,754,462 -26%
SGI
11
Swan Global Investments
Colorado
$232M -$15.3M -589,328 -6%
MIFH
12
Migdal Insurance & Financial Holdings
Israel
$221M +$227M +8,758,469 +1,648%
BlackRock
13
BlackRock
New York
$214M -$134M -5,152,267 -36%
Barclays
14
Barclays
United Kingdom
$212M +$74.8M +2,881,126 +48%
Franklin Resources
15
Franklin Resources
California
$208M +$7.12M +274,283 +3%
LPL Financial
16
LPL Financial
California
$183M -$23.5M -903,915 -11%
FAF
17
Första AP-fonden
Sweden
$175M +$13.8M +530,000 +8%
CI
18
Clal Insurance
Israel
$167M +$17.3M +665,534 +10%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$162M +$8.41M +323,957 +5%
RBA
20
Richard Bernstein Advisors
New York
$144M +$8.48M +326,407 +6%
LMIM
21
Lockheed Martin Investment Management
Maryland
$134M +$40.4M +1,554,900 +38%
OAC
22
OMERS Administration Corp
Ontario, Canada
$117M
Deutsche Bank
23
Deutsche Bank
Germany
$108M +$30.6M +1,179,145 +35%
Manulife (Manufacturers Life Insurance)
24
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$86.9M +$3.93M +151,115 +4%
Envestnet Asset Management
25
Envestnet Asset Management
Illinois
$86.7M +$12M +461,812 +15%

XLF Hedge Fund Activity: Q4 2018 in Review

1,023 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q4 2018, worth a combined $14.2B — down 21% from $18.1B a quarter earlier.

Buyers outnumbered sellers: 197 funds opened new XLF positions and 130 closed out — a net gain of 67 holders — while 291 added to existing stakes and 428 trimmed.

The largest buyer was Altshuler Shaham, adding an estimated $247M. The largest seller was MKP Capital Management, exiting entirely with an estimated $329M sold.

  • 1,023 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q4 2018, up from 970 in Q3 2018.
  • Funds reported $14.2B of State Street Financial Select Sector SPDR ETF stock for Q4 2018, down 21% quarter-over-quarter.
  • 197 funds opened new State Street Financial Select Sector SPDR ETF positions in Q4 2018 and 130 closed out, a net change of +67 holders.
  • The largest State Street Financial Select Sector SPDR ETF buyer in Q4 2018 was Altshuler Shaham, an estimated $247M added.
  • The largest State Street Financial Select Sector SPDR ETF seller in Q4 2018 was MKP Capital Management, an estimated $329M sold.

Based on aggregated 13F filings for Q4 2018.