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State Street Technology Select Sector SPDR ETF

902 hedge funds and large institutions have $9.87B invested in State Street Technology Select Sector SPDR ETF in 2018 Q4 according to their latest regulatory filings, with 159 funds opening new positions, 283 increasing their positions, 331 reducing their positions, and 114 closing their positions.

New
Increased
Maintained
Reduced
Closed

39% more first-time investments, than exits

New positions opened: 159 | Existing positions closed: 114

4% more funds holding

Funds holding: 866902 (+36)

4% less funds holding in top 10

Funds holding in top 10: 9490 (-4)

5.45% less ownership

Funds ownership: 118.65%113.2% (-5.5%)

15% less repeat investments, than reductions

Existing positions increased: 283 | Existing positions reduced: 331

19% less call options, than puts

Call options by funds: $631M | Put options by funds: $775M

27% less capital invested

Capital invested by funds: $13.4B → $9.87B (-$3.57B)

Holders
902
Holders Change
+36
Holders Change %
+4.16%
% of All Funds
20.1%
Holding in Top 10
90
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-4.26%
% of All Funds
2.01%
New
159
Increased
283
Reduced
331
Closed
114
Calls
$631M
Puts
$775M
Net Calls
-$144M
Net Calls Change
+$300M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$789M -$14.1M -415,842 -2%
Wells Fargo
2
Wells Fargo
California
$698M -$135M -3,984,252 -15%
Morgan Stanley
3
Morgan Stanley
New York
$665M -$54.2M -1,602,192 -7%
UBS Group
4
UBS Group
Switzerland
$374M +$6.94M +205,320 +2%
Goldman Sachs
5
Goldman Sachs
New York
$368M -$69.2M -2,044,758 -15%
Rafferty Asset Management
6
Rafferty Asset Management
New York
$321M -$73.2M -2,164,932 -17%
SGI
7
Swan Global Investments
Colorado
$282M -$17.1M -505,676 -5%
BlackRock
8
BlackRock
New York
$264M +$78.4M +2,318,080 +37%
CM
9
Churchill Management
California
$228M +$580K +17,154 +0.2%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$217M +$5.54M +163,730 +2%
JP Morgan Chase
11
JP Morgan Chase
New York
$196M -$110M -3,239,408 -34%
LMIM
12
Lockheed Martin Investment Management
Maryland
$153M +$12.8M +379,200 +8%
MB
13
Mizuho Bank
Japan
$130M
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$119M +$8.94M +264,448 +7%
PP
15
Paloma Partners
Connecticut
$110M +$80M +2,364,128 +200%
State Street
16
State Street
Massachusetts
$108M +$3.29M +97,330 +3%
US Bancorp
17
US Bancorp
Minnesota
$106M +$101K +2,994 +0.1%
SC
18
Sepio Capital
Utah
$99.5M +$144M +4,245,588 New
NLI
19
Nippon Life Insurance
Japan
$97.3M
TAIM
20
TD Ameritrade Investment Management
Nebraska
$94.8M -$3.87M -114,266 -4%
LPL Financial
21
LPL Financial
California
$92.8M -$44.8M -1,323,872 -31%
Northern Trust
22
Northern Trust
Illinois
$88.4M -$703K -20,796 -0.7%
RJA
23
Raymond James & Associates
Florida
$85.8M +$7.85M +232,214 +9%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$85M -$5.28M -155,984 -5%
Deutsche Bank
25
Deutsche Bank
Germany
$78.5M +$11M +326,378 +15%

XLK Hedge Fund Activity: Q4 2018 in Review

902 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in State Street Technology Select Sector SPDR ETF (XLK) for Q4 2018, worth a combined $9.87B — down 27% from $13.4B a quarter earlier.

Buyers outnumbered sellers: 159 funds opened new XLK positions and 114 closed out — a net gain of 45 holders — while 283 added to existing stakes and 331 trimmed.

The largest buyer was Paloma Partners, adding an estimated $80M. The largest seller was Barclays, cutting an estimated $981M.

  • 902 institutional investors held State Street Technology Select Sector SPDR ETF (XLK) as of Q4 2018, up from 866 in Q3 2018.
  • Funds reported $9.87B of State Street Technology Select Sector SPDR ETF stock for Q4 2018, down 27% quarter-over-quarter.
  • 159 funds opened new State Street Technology Select Sector SPDR ETF positions in Q4 2018 and 114 closed out, a net change of +45 holders.
  • The largest State Street Technology Select Sector SPDR ETF buyer in Q4 2018 was Paloma Partners, an estimated $80M added.
  • The largest State Street Technology Select Sector SPDR ETF seller in Q4 2018 was Barclays, an estimated $981M sold.

Based on aggregated 13F filings for Q4 2018.