Financial Services Select Sector SPDR Fund
XLFS
XLFS was delisted on the 14th of November, 2016.
12 hedge funds and large institutions have $3.58M invested in Financial Services Select Sector SPDR Fund in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
20% more funds holding
Funds holding: 10 → 12 (+2)
2% less capital invested
Capital invested by funds: $3.66M → $3.58M (-$74.4K)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$1.57M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$213K |
| 3 |
NFG
Next Financial Group
Houston,
Texas
|
+$136K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$115K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$29.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.06M |
| 2 |
Jane Street
New York
|
-$1.02M |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$29.3K |
| 4 |
AIG
American International Group
New York
|
-$17K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$7.77K |
XLFS Hedge Fund Activity: Q2 2016 in Review
12 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Financial Services Select Sector SPDR Fund (XLFS) for Q2 2016, worth a combined $3.58M — down 2% from $3.66M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new XLFS positions and 3 closed out — a net gain of 2 holders — while 2 added to existing stakes and 4 trimmed.
The largest buyer was Ladenburg Thalmann Financial Services, opening a new position worth an estimated $1.57M. The largest seller was Citadel Advisors, exiting entirely with an estimated $1.06M sold.
- 12 institutional investors held Financial Services Select Sector SPDR Fund (XLFS) as of Q2 2016, up from 10 in Q1 2016.
- Funds reported $3.58M of Financial Services Select Sector SPDR Fund stock for Q2 2016, down 2% quarter-over-quarter.
- 5 funds opened new Financial Services Select Sector SPDR Fund positions in Q2 2016 and 3 closed out, a net change of +2 holders.
- The largest Financial Services Select Sector SPDR Fund buyer in Q2 2016 was Ladenburg Thalmann Financial Services, an estimated $1.57M added.
- The largest Financial Services Select Sector SPDR Fund seller in Q2 2016 was Citadel Advisors, an estimated $1.06M sold.
Based on aggregated 13F filings for Q2 2016.