Financial Services Select Sector SPDR Fund
XLFS
XLFS was delisted on the 14th of November, 2016.
32 hedge funds and large institutions have $104M invested in Financial Services Select Sector SPDR Fund in 2016 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 0 closing their positions.
2,795% more capital invested
Capital invested by funds: $3.58M → $104M (+$100M)
167% more funds holding
Funds holding: 12 → 32 (+20)
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$19.6M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$18.9M |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$14.4M |
| 4 |
BlackRock
New York
|
+$9.97M |
| 5 |
CI
Cavalier Investments
Alpharetta,
Georgia
|
+$8.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$325K |
| 2 |
NFG
Next Financial Group
Houston,
Texas
|
-$21.1K |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$15.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $182K | +$168K | +5,576 | +1,394% |
|
|
ASN
27
Advisory Services Network
Atlanta,
Georgia
| $62K | +$1.54K | +51 | +3% |
|
|
WA
28
Winfield Associates
Cleveland,
Ohio
| $43K | +$43K | +1,425 | New |
|
29
UBS Group
Zurich,
Switzerland
| $39K | +$33.2K | +1,099 | +597% |
|
|
PG
30
Patten Group
Chattanooga,
Tennessee
| $29.3K | – | – | – |
|
31
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $8K | +$7.58K | +251 | New |
|
|
HI
32
Hudock Inc
Williamsport,
Pennsylvania
| $2K | +$2.63K | +87 | New |
|
XLFS Hedge Fund Activity: Q3 2016 in Review
32 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Financial Services Select Sector SPDR Fund (XLFS) for Q3 2016, worth a combined $104M — up 2,795% from $3.58M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new XLFS positions and 0 closed out — a net gain of 20 holders — while 8 added to existing stakes and 3 trimmed.
The largest buyer was Wells Fargo, opening a new position worth an estimated $19.6M. The largest seller was Susquehanna International Group, cutting an estimated $325K.
- 32 institutional investors held Financial Services Select Sector SPDR Fund (XLFS) as of Q3 2016, up from 12 in Q2 2016.
- Funds reported $104M of Financial Services Select Sector SPDR Fund stock for Q3 2016, up 2,795% quarter-over-quarter.
- 20 funds opened new Financial Services Select Sector SPDR Fund positions in Q3 2016 and 0 closed out, a net change of +20 holders.
- The largest Financial Services Select Sector SPDR Fund buyer in Q3 2016 was Wells Fargo, an estimated $19.6M added.
- The largest Financial Services Select Sector SPDR Fund seller in Q3 2016 was Susquehanna International Group, an estimated $325K sold.
Based on aggregated 13F filings for Q3 2016.