State Street Technology Select Sector SPDR ETF
XLK
1,228 hedge funds and large institutions have $18.2B invested in State Street Technology Select Sector SPDR ETF in 2020 Q3 according to their latest regulatory filings, with 120 funds opening new positions, 376 increasing their positions, 548 reducing their positions, and 65 closing their positions.
85% more first-time investments, than exits
New positions opened: 120 | Existing positions closed: 65
10% more capital invested
Capital invested by funds: $16.5B → $18.2B (+$1.67B)
3% more funds holding
Funds holding: 1,190 → 1,228 (+38)
1% more funds holding in top 10
Funds holding in top 10: 149 → 150 (+1)
1.07% less ownership
Funds ownership: 107.51% → 106.44% (-1.1%)
31% less repeat investments, than reductions
Existing positions increased: 376 | Existing positions reduced: 548
43% less call options, than puts
Call options by funds: $1.52B | Put options by funds: $2.69B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$185M |
| 2 |
NLI
Nippon Life Insurance
Tokyo,
Japan
|
+$181M |
| 3 |
MFM
MD Financial Management
Ottawa,
Ontario, Canada
|
+$154M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$112M |
| 5 |
Barclays
London,
United Kingdom
|
+$70.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
-$182M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$109M |
| 3 |
Millennium Management
New York
|
-$86.7M |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$72.6M |
| 5 |
JP Morgan Chase
New York
|
-$71.7M |
XLK Hedge Fund Activity: Q3 2020 in Review
1,228 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in State Street Technology Select Sector SPDR ETF (XLK) for Q3 2020, worth a combined $18.2B — up 10% from $16.5B a quarter earlier.
Buyers outnumbered sellers: 120 funds opened new XLK positions and 65 closed out — a net gain of 55 holders — while 376 added to existing stakes and 548 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $185M. The largest seller was Provida Pension Fund Administrator, cutting an estimated $182M.
- 1,228 institutional investors held State Street Technology Select Sector SPDR ETF (XLK) as of Q3 2020, up from 1,190 in Q2 2020.
- Funds reported $18.2B of State Street Technology Select Sector SPDR ETF stock for Q3 2020, up 10% quarter-over-quarter.
- 120 funds opened new State Street Technology Select Sector SPDR ETF positions in Q3 2020 and 65 closed out, a net change of +55 holders.
- The largest State Street Technology Select Sector SPDR ETF buyer in Q3 2020 was Morgan Stanley, an estimated $185M added.
- The largest State Street Technology Select Sector SPDR ETF seller in Q3 2020 was Provida Pension Fund Administrator, an estimated $182M sold.
Based on aggregated 13F filings for Q3 2020.