State Street Technology Select Sector SPDR ETF
XLK
431 hedge funds and large institutions have $7.25B invested in State Street Technology Select Sector SPDR ETF in 2014 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 180 increasing their positions, 133 reducing their positions, and 41 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 180 | Existing positions reduced: 133
32% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 41
26.95% more ownership
Funds ownership: 89.26% → 116.21% (+27%)
23% more capital invested
Capital invested by funds: $5.88B → $7.25B (+$1.36B)
8% more funds holding in top 10
Funds holding in top 10: 36 → 39 (+3)
3% more funds holding
Funds holding: 418 → 431 (+13)
14% less call options, than puts
Call options by funds: $200M | Put options by funds: $234M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
+$501M |
| 2 |
EA
Euclid Advisors
Hartford,
Connecticut
|
+$195M |
| 3 |
BII
Baring International Investment
London,
United Kingdom
|
+$151M |
| 4 |
State Street
Boston,
Massachusetts
|
+$102M |
| 5 |
Morgan Stanley
New York
|
+$64.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$52.4M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$48M |
| 3 |
DCC
Dow Chemical Company
Midland,
Michigan
|
-$32.6M |
| 4 |
SG Americas Securities
New York
|
-$31.1M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$24.9M |
XLK Hedge Fund Activity: Q1 2014 in Review
431 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in State Street Technology Select Sector SPDR ETF (XLK) for Q1 2014, worth a combined $7.25B — up 23% from $5.88B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new XLK positions and 41 closed out — a net gain of 13 holders — while 180 added to existing stakes and 133 trimmed.
The largest buyer was Provida Pension Fund Administrator, adding an estimated $501M. The largest seller was State of Tennessee, Department of Treasury, exiting entirely with an estimated $52.4M sold.
- 431 institutional investors held State Street Technology Select Sector SPDR ETF (XLK) as of Q1 2014, up from 418 in Q4 2013.
- Funds reported $7.25B of State Street Technology Select Sector SPDR ETF stock for Q1 2014, up 23% quarter-over-quarter.
- 54 funds opened new State Street Technology Select Sector SPDR ETF positions in Q1 2014 and 41 closed out, a net change of +13 holders.
- The largest State Street Technology Select Sector SPDR ETF buyer in Q1 2014 was Provida Pension Fund Administrator, an estimated $501M added.
- The largest State Street Technology Select Sector SPDR ETF seller in Q1 2014 was State of Tennessee, Department of Treasury, an estimated $52.4M sold.
Based on aggregated 13F filings for Q1 2014.