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State Street Financial Select Sector SPDR ETF

994 hedge funds and large institutions have $12B invested in State Street Financial Select Sector SPDR ETF in 2020 Q2 according to their latest regulatory filings, with 143 funds opening new positions, 331 increasing their positions, 400 reducing their positions, and 112 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more first-time investments, than exits

New positions opened: 143 | Existing positions closed: 112

2% more funds holding

Funds holding: 972994 (+22)

3% more capital invested

Capital invested by funds: $11.6B → $12B (+$331M)

2.72% less ownership

Funds ownership: 75.58%72.86% (-2.7%)

15% less funds holding in top 10

Funds holding in top 10: 4135 (-6)

17% less repeat investments, than reductions

Existing positions increased: 331 | Existing positions reduced: 400

23% less call options, than puts

Call options by funds: $4.06B | Put options by funds: $5.26B

Holders
994
Holders Change
+22
Holders Change %
+2.26%
% of All Funds
20.38%
Holding in Top 10
35
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-14.63%
% of All Funds
0.72%
New
143
Increased
331
Reduced
400
Closed
112
Calls
$4.06B
Puts
$5.26B
Net Calls
-$1.21B
Net Calls Change
+$658M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$1.77B +$14M +615,352 +0.8%
JP Morgan Chase
2
JP Morgan Chase
New York
$974M +$504M +22,192,240 +112%
Morgan Stanley
3
Morgan Stanley
New York
$788M -$776M -34,168,367 -50%
UBS Group
4
UBS Group
Switzerland
$595M -$201M -8,834,084 -26%
Goldman Sachs
5
Goldman Sachs
New York
$503M +$66M +2,904,636 +15%
Wells Fargo
6
Wells Fargo
California
$498M -$520M -22,892,727 -52%
BNP Paribas Financial Markets
7
BNP Paribas Financial Markets
France
$420M +$342M +15,071,243 +487%
AS
8
Altshuler Shaham
Israel
$415M -$327M -14,383,809 -44%
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$334M -$30.5M -1,344,166 -9%
BlackRock
10
BlackRock
New York
$242M +$12.8M +561,819 +6%
Barclays
11
Barclays
United Kingdom
$218M -$4.74M -208,753 -2%
CI
12
Clal Insurance
Israel
$194M -$23.6M -1,041,210 -11%
Fidelity Investments
13
Fidelity Investments
Massachusetts
$187M -$98.9M -4,353,690 -35%
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$158M +$88.8M +3,909,378 +134%
N
15
Natixis
France
$151M -$39.7M -1,750,000 -21%
LPL Financial
16
LPL Financial
California
$149M -$15.6M -686,368 -10%
Truist Financial
17
Truist Financial
North Carolina
$136M +$66.7M +2,935,905 +100%
SGI
18
Swan Global Investments
Colorado
$130M -$7.28M -320,444 -5%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$130M +$3.4M +149,747 +3%
Citigroup
20
Citigroup
New York
$120M +$446K +19,647 +0.4%
RJA
21
Raymond James & Associates
Florida
$112M +$48.6M +2,138,361 +79%
State Street
22
State Street
Massachusetts
$112M -$11.4M -501,282 -9%
TAIM
23
TD Ameritrade Investment Management
Nebraska
$98.5M -$2.31M -101,891 -2%
Ameriprise
24
Ameriprise
Minnesota
$97.6M +$7.59M +334,126 +9%
PVH
25
Psagot Value Holdings
Israel
$94.4M -$36.7M -1,614,531 -28%

XLF Hedge Fund Activity: Q2 2020 in Review

994 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q2 2020, worth a combined $12B — up 2.9% from $11.6B a quarter earlier.

Buyers outnumbered sellers: 143 funds opened new XLF positions and 112 closed out — a net gain of 31 holders — while 331 added to existing stakes and 400 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $504M. The largest seller was Morgan Stanley, cutting an estimated $776M.

  • 994 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q2 2020, up from 972 in Q1 2020.
  • Funds reported $12B of State Street Financial Select Sector SPDR ETF stock for Q2 2020, up 2.9% quarter-over-quarter.
  • 143 funds opened new State Street Financial Select Sector SPDR ETF positions in Q2 2020 and 112 closed out, a net change of +31 holders.
  • The largest State Street Financial Select Sector SPDR ETF buyer in Q2 2020 was JP Morgan Chase, an estimated $504M added.
  • The largest State Street Financial Select Sector SPDR ETF seller in Q2 2020 was Morgan Stanley, an estimated $776M sold.

Based on aggregated 13F filings for Q2 2020.