State Street Technology Select Sector SPDR ETF
XLK
1,697 hedge funds and large institutions have $28B invested in State Street Technology Select Sector SPDR ETF in 2023 Q2 according to their latest regulatory filings, with 194 funds opening new positions, 587 increasing their positions, 639 reducing their positions, and 60 closing their positions.
223% more first-time investments, than exits
New positions opened: 194 | Existing positions closed: 60
17% more funds holding in top 10
Funds holding in top 10: 159 → 186 (+27)
16% more capital invested
Capital invested by funds: $24.2B → $28B (+$3.76B)
8% more funds holding
Funds holding: 1,575 → 1,697 (+122)
2.57% more ownership
Funds ownership: 109.9% → 112.47% (+2.6%)
8% less repeat investments, than reductions
Existing positions increased: 587 | Existing positions reduced: 639
37% less call options, than puts
Call options by funds: $1.76B | Put options by funds: $2.78B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$391M |
| 2 |
WA
WestEnd Advisors
Charlotte,
North Carolina
|
+$354M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$304M |
| 4 |
Morgan Stanley
New York
|
+$161M |
| 5 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
+$125M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$410M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$279M |
| 3 |
NAM
Nissay Asset Management
Tokyo,
Japan
|
-$145M |
| 4 |
Millennium Management
New York
|
-$142M |
| 5 |
RBA
Richard Bernstein Advisors
New York
|
-$129M |
XLK Hedge Fund Activity: Q2 2023 in Review
1,697 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in State Street Technology Select Sector SPDR ETF (XLK) for Q2 2023, worth a combined $28B — up 16% from $24.2B a quarter earlier.
Buyers outnumbered sellers: 194 funds opened new XLK positions and 60 closed out — a net gain of 134 holders — while 587 added to existing stakes and 639 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $391M. The largest seller was Barclays, cutting an estimated $410M.
- 1,697 institutional investors held State Street Technology Select Sector SPDR ETF (XLK) as of Q2 2023, up from 1,575 in Q1 2023.
- Funds reported $28B of State Street Technology Select Sector SPDR ETF stock for Q2 2023, up 16% quarter-over-quarter.
- 194 funds opened new State Street Technology Select Sector SPDR ETF positions in Q2 2023 and 60 closed out, a net change of +134 holders.
- The largest State Street Technology Select Sector SPDR ETF buyer in Q2 2023 was BNP Paribas Financial Markets, an estimated $391M added.
- The largest State Street Technology Select Sector SPDR ETF seller in Q2 2023 was Barclays, an estimated $410M sold.
Based on aggregated 13F filings for Q2 2023.