State Street Technology Select Sector SPDR ETF
XLK
1,684 hedge funds and large institutions have $26.7B invested in State Street Technology Select Sector SPDR ETF in 2023 Q3 according to their latest regulatory filings, with 112 funds opening new positions, 615 increasing their positions, 651 reducing their positions, and 104 closing their positions.
8% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 104
0.67% less ownership
Funds ownership: 112.47% → 111.8% (-0.67%)
1% less funds holding
Funds holding: 1,699 → 1,684 (-15)
5% less capital invested
Capital invested by funds: $28B → $26.7B (-$1.34B)
6% less repeat investments, than reductions
Existing positions increased: 615 | Existing positions reduced: 651
15% less funds holding in top 10
Funds holding in top 10: 187 → 159 (-28)
37% less call options, than puts
Call options by funds: $1.98B | Put options by funds: $3.15B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$175M |
| 2 |
Two Sigma Advisers
New York
|
+$141M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$110M |
| 4 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$78.8M |
| 5 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$77.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
-$138M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$127M |
| 3 |
SMFG
Sumitomo Mitsui Financial Group
Tokyo,
Japan
|
-$104M |
| 4 |
MTWSIF
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
|
-$89.9M |
| 5 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$46.7M |
XLK Hedge Fund Activity: Q3 2023 in Review
1,684 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in State Street Technology Select Sector SPDR ETF (XLK) for Q3 2023, worth a combined $26.7B — down 4.8% from $28B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new XLK positions and 104 closed out — a net gain of 8 holders — while 615 added to existing stakes and 651 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $175M. The largest seller was Exchange Traded Concepts, exiting entirely with an estimated $138M sold.
- 1,684 institutional investors held State Street Technology Select Sector SPDR ETF (XLK) as of Q3 2023, down from 1,699 in Q2 2023.
- Funds reported $26.7B of State Street Technology Select Sector SPDR ETF stock for Q3 2023, down 4.8% quarter-over-quarter.
- 112 funds opened new State Street Technology Select Sector SPDR ETF positions in Q3 2023 and 104 closed out, a net change of +8 holders.
- The largest State Street Technology Select Sector SPDR ETF buyer in Q3 2023 was Morgan Stanley, an estimated $175M added.
- The largest State Street Technology Select Sector SPDR ETF seller in Q3 2023 was Exchange Traded Concepts, an estimated $138M sold.
Based on aggregated 13F filings for Q3 2023.