State Street Technology Select Sector SPDR ETF
XLK
686 hedge funds and large institutions have $10.5B invested in State Street Technology Select Sector SPDR ETF in 2017 Q1 according to their latest regulatory filings, with 101 funds opening new positions, 252 increasing their positions, 229 reducing their positions, and 41 closing their positions.
146% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 41
28% more funds holding in top 10
Funds holding in top 10: 67 → 86 (+19)
25% more capital invested
Capital invested by funds: $8.39B → $10.5B (+$2.12B)
10% more repeat investments, than reductions
Existing positions increased: 252 | Existing positions reduced: 229
8% more funds holding
Funds holding: 633 → 686 (+53)
6.99% more ownership
Funds ownership: 118.07% → 125.06% (+7%)
66% less call options, than puts
Call options by funds: $308M | Put options by funds: $914M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$419M |
| 2 |
Rafferty Asset Management
New York
|
+$106M |
| 3 |
JP Morgan Chase
New York
|
+$104M |
| 4 |
ECM
Element Capital Management
New York
|
+$84.5M |
| 5 |
TAM
Tiverton Asset Management
Wilimington,
Delaware
|
+$78.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$143M |
| 2 |
State Street
Boston,
Massachusetts
|
-$38M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$24.3M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$21.2M |
| 5 |
Morgan Stanley
New York
|
-$20M |
XLK Hedge Fund Activity: Q1 2017 in Review
686 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in State Street Technology Select Sector SPDR ETF (XLK) for Q1 2017, worth a combined $10.5B — up 25% from $8.39B a quarter earlier.
Buyers outnumbered sellers: 101 funds opened new XLK positions and 41 closed out — a net gain of 60 holders — while 252 added to existing stakes and 229 trimmed.
The largest buyer was Barclays, adding an estimated $419M. The largest seller was Bank of America, cutting an estimated $143M.
- 686 institutional investors held State Street Technology Select Sector SPDR ETF (XLK) as of Q1 2017, up from 633 in Q4 2016.
- Funds reported $10.5B of State Street Technology Select Sector SPDR ETF stock for Q1 2017, up 25% quarter-over-quarter.
- 101 funds opened new State Street Technology Select Sector SPDR ETF positions in Q1 2017 and 41 closed out, a net change of +60 holders.
- The largest State Street Technology Select Sector SPDR ETF buyer in Q1 2017 was Barclays, an estimated $419M added.
- The largest State Street Technology Select Sector SPDR ETF seller in Q1 2017 was Bank of America, an estimated $143M sold.
Based on aggregated 13F filings for Q1 2017.