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State Street Financial Select Sector SPDR ETF

1,496 hedge funds and large institutions have $28.2B invested in State Street Financial Select Sector SPDR ETF in 2024 Q2 according to their latest regulatory filings, with 130 funds opening new positions, 588 increasing their positions, 536 reducing their positions, and 127 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more repeat investments, than reductions

Existing positions increased: 588 | Existing positions reduced: 536

2% more first-time investments, than exits

New positions opened: 130 | Existing positions closed: 127

4% less capital invested

Capital invested by funds: $29.4B → $28.2B (-$1.22B)

1% less funds holding

Funds holding: 1,5171,496 (-21)

4.14% less ownership

Funds ownership: 76.73%72.59% (-4.1%)

14% less funds holding in top 10

Funds holding in top 10: 8472 (-12)

34% less call options, than puts

Call options by funds: $8.01B | Put options by funds: $12.2B

Holders
1,496
Holders Change
-21
Holders Change %
-1.38%
% of All Funds
21.61%
Holding in Top 10
72
Holding in Top 10 Change
-12
Holding in Top 10 Change %
-14.29%
% of All Funds
1.04%
New
130
Increased
588
Reduced
536
Closed
127
Calls
$8.01B
Puts
$12.2B
Net Calls
-$4.14B
Net Calls Change
+$1.89B
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
1
JP Morgan Chase
New York
$6.29B +$363M +8,821,672 +6%
Bank of America
2
Bank of America
North Carolina
$2.97B -$40.4M -982,302 -1%
Morgan Stanley
3
Morgan Stanley
New York
$1.6B +$132M +3,218,998 +9%
Barclays
4
Barclays
United Kingdom
$1.05B +$370M +8,981,198 +54%
Wells Fargo
5
Wells Fargo
California
$572M +$32.7M +794,422 +6%
LPL Financial
6
LPL Financial
California
$567M +$21.6M +525,305 +4%
UBS Group
7
UBS Group
Switzerland
$532M -$177M -4,291,166 -25%
PF
8
Phoenix Financial
Israel
$497M -$119M -2,896,009 -19%
Canada Pension Plan Investment Board
9
Canada Pension Plan Investment Board
Ontario, Canada
$452M +$329M +8,000,000 +267%
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$444M +$106M +2,566,731 +31%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$422M -$10.4M -253,107 -2%
Ameriprise
12
Ameriprise
Minnesota
$419M -$5.92M -143,902 -1%
HIIFS
13
Harel Insurance Investments & Financial Services
Israel
$398M +$11.1K +270 +0%
Goldman Sachs
14
Goldman Sachs
New York
$396M +$121M +2,944,465 +44%
Caisse de Depot et Placement du Quebec (CDPQ)
15
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$369M +$147M +3,577,700 +66%
CM
16
Churchill Management
California
$360M +$4.82M +117,016 +1%
CI
17
Clal Insurance
Israel
$342M +$37.4M +909,000 +12%
MIH
18
Meitav Investment House
Israel
$340M +$50.7M +1,232,569 +18%
PCH
19
PGIM Custom Harvest
New Jersey
$338M +$530K +12,885 +0.2%
RJA
20
Raymond James & Associates
Florida
$336M +$46.9M +1,138,832 +16%
BBVA
21
Banco Bilbao Vizcaya Argentaria
Spain
$316M +$309M +7,514,620 +4,540%
Truist Financial
22
Truist Financial
North Carolina
$239M +$36.9M +896,740 +18%
Janney Montgomery Scott
23
Janney Montgomery Scott
Pennsylvania
$218M +$44.8M +1,088,564 +26%
BNP Paribas Financial Markets
24
BNP Paribas Financial Markets
France
$216M -$77.6M -1,886,532 -26%
Citigroup
25
Citigroup
New York
$215M +$462K +11,234 +0.2%

XLF Hedge Fund Activity: Q2 2024 in Review

1,496 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q2 2024, worth a combined $28.2B — down 4.2% from $29.4B a quarter earlier.

Buyers outnumbered sellers: 130 funds opened new XLF positions and 127 closed out — a net gain of 3 holders — while 588 added to existing stakes and 536 trimmed.

The largest buyer was Barclays, adding an estimated $370M. The largest seller was California Public Employees Retirement System, exiting entirely with an estimated $505M sold.

  • 1,496 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q2 2024, down from 1,517 in Q1 2024.
  • Funds reported $28.2B of State Street Financial Select Sector SPDR ETF stock for Q2 2024, down 4.2% quarter-over-quarter.
  • 130 funds opened new State Street Financial Select Sector SPDR ETF positions in Q2 2024 and 127 closed out, a net change of +3 holders.
  • The largest State Street Financial Select Sector SPDR ETF buyer in Q2 2024 was Barclays, an estimated $370M added.
  • The largest State Street Financial Select Sector SPDR ETF seller in Q2 2024 was California Public Employees Retirement System, an estimated $505M sold.

Based on aggregated 13F filings for Q2 2024.