Financial Services Select Sector SPDR Fund
XLFS
XLFS was delisted on the 14th of November, 2016.
10 hedge funds and large institutions have $3.66M invested in Financial Services Select Sector SPDR Fund in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
23% more capital invested
Capital invested by funds: $2.97M → $3.66M (+$691K)
11% more funds holding
Funds holding: 9 → 10 (+1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.04M |
| 2 |
Jane Street
New York
|
+$995K |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$671K |
| 4 |
NFG
Next Financial Group
Houston,
Texas
|
+$94.1K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$21.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$1.34M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$538K |
| 3 |
SPIA
Strategic Point Investment Advisors
Providence,
Rhode Island
|
-$200K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$13K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$12K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citadel Advisors
Miami,
Florida
| $1.06M | +$1.04M | +37,417 | New |
|
|
2
Jane Street
New York
| $1.02M | +$995K | +35,940 | New |
|
|
TH
3
Timber Hill
Greenwich,
Connecticut
| $689K | +$671K | +24,257 | New |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $622K | -$538K | -19,421 | -47% |
|
|
NFG
5
Next Financial Group
Houston,
Texas
| $96K | +$94.1K | +3,400 | New |
|
|
ASN
6
Advisory Services Network
Atlanta,
Georgia
| $57K | – | – | – |
|
|
7
Bank of America
Charlotte,
North Carolina
| $50K | +$21.5K | +776 | +78% |
|
|
PG
8
Patten Group
Chattanooga,
Tennessee
| $29K | – | – | – |
|
|
AIG
9
American International Group
New York
| $17K | +$13.8K | +500 | +500% |
|
10
UBS Group
Zurich,
Switzerland
| $13K | +$12.4K | +449 | New |
|
|
VKH
11
Virtu KCG Holdings
New York
| – | -$1.34M | -43,294 | Closed |
|
|
SPIA
12
Strategic Point Investment Advisors
Providence,
Rhode Island
| – | -$200K | -6,495 | Closed |
|
|
13
Simplex Trading
Chicago,
Illinois
| – | -$13K | -450 | Closed |
|
|
IA
14
IFP Advisors
Tampa,
Florida
| – | -$12K | -400 | Closed |
|
XLFS Hedge Fund Activity: Q1 2016 in Review
10 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Financial Services Select Sector SPDR Fund (XLFS) for Q1 2016, worth a combined $3.66M — up 23% from $2.97M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new XLFS positions and 4 closed out — a net gain of 1 holder — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $1.04M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $1.34M sold.
- 10 institutional investors held Financial Services Select Sector SPDR Fund (XLFS) as of Q1 2016, up from 9 in Q4 2015.
- Funds reported $3.66M of Financial Services Select Sector SPDR Fund stock for Q1 2016, up 23% quarter-over-quarter.
- 5 funds opened new Financial Services Select Sector SPDR Fund positions in Q1 2016 and 4 closed out, a net change of +1 holder.
- The largest Financial Services Select Sector SPDR Fund buyer in Q1 2016 was Citadel Advisors, an estimated $1.04M added.
- The largest Financial Services Select Sector SPDR Fund seller in Q1 2016 was Virtu KCG Holdings, an estimated $1.34M sold.
Based on aggregated 13F filings for Q1 2016.