State Street Financial Select Sector SPDR ETF
995 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, 332 increasing their positions, 399 reducing their positions, and 112 closing their positions.
28% more first-time investments, than exits
New positions opened: 143 | Existing positions closed: 112
2% more funds holding
Funds holding: 973 → 995 (+22)
4% more capital invested
Capital invested by funds: $11.5B → $12B (+$449M)
2.4% less ownership
Funds ownership: 75.25% → 72.86% (-2.4%)
15% less funds holding in top 10
Funds holding in top 10: 41 → 35 (-6)
17% less repeat investments, than reductions
Existing positions increased: 332 | Existing positions reduced: 399
23% less call options, than puts
Call options by funds: $4.07B | Put options by funds: $5.29B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$504M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$342M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$88.8M |
| 4 |
SCM
Steadfast Capital Management
New York
|
+$84M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$66.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$776M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$520M |
| 3 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
-$327M |
| 4 |
APF
Alaska Permanent Fund
Juneau,
Alaska
|
-$245M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$201M |
XLF Hedge Fund Activity: Q2 2020 in Review
995 of the 4,888 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 3.9% from $11.5B a quarter earlier.
Buyers outnumbered sellers: 143 funds opened new XLF positions and 112 closed out — a net gain of 31 holders — while 332 added to existing stakes and 399 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $504M. The largest seller was Morgan Stanley, cutting an estimated $776M.
- 995 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q2 2020, up from 973 in Q1 2020.
- Funds reported $12B of State Street Financial Select Sector SPDR ETF stock for Q2 2020, up 3.9% 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.