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State Street Technology Select Sector SPDR ETF

1,906 hedge funds and large institutions have $35.1B invested in State Street Technology Select Sector SPDR ETF in 2023 Q4 according to their latest regulatory filings, with 312 funds opening new positions, 689 increasing their positions, 595 reducing their positions, and 63 closing their positions.

New
Increased
Maintained
Reduced
Closed

395% more first-time investments, than exits

New positions opened: 312 | Existing positions closed: 63

29% more capital invested

Capital invested by funds: $27.2B → $35.1B (+$7.92B)

29% more funds holding in top 10

Funds holding in top 10: 159205 (+46)

16% more repeat investments, than reductions

Existing positions increased: 689 | Existing positions reduced: 595

13% more funds holding

Funds holding: 1,6841,906 (+222)

6.18% more ownership

Funds ownership: 113.46%119.63% (+6.2%)

46% less call options, than puts

Call options by funds: $2.35B | Put options by funds: $4.34B

Holders
1,906
Holders Change
+222
Holders Change %
+13.18%
% of All Funds
27.79%
Holding in Top 10
205
Holding in Top 10 Change
+46
Holding in Top 10 Change %
+28.93%
% of All Funds
2.99%
New
312
Increased
689
Reduced
595
Closed
63
Calls
$2.35B
Puts
$4.34B
Net Calls
-$1.99B
Net Calls Change
-$826M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$3.86B +$1.93B +21,700,974 +118%
Bank of America
2
Bank of America
North Carolina
$2.41B +$30.6M +343,172 +1%
Wells Fargo
3
Wells Fargo
California
$2.06B -$6.51M -73,176 -0.3%
LPL Financial
4
LPL Financial
California
$1.21B +$88.3M +991,830 +9%
Envestnet Asset Management
5
Envestnet Asset Management
Illinois
$986M +$5.52M +62,058 +0.6%
UBS Group
6
UBS Group
Switzerland
$943M +$6.64M +74,624 +0.8%
Goldman Sachs
7
Goldman Sachs
New York
$937M +$98.8M +1,109,316 +13%
CM
8
Churchill Management
California
$928M +$73.5M +825,818 +9%
Ameriprise
9
Ameriprise
Minnesota
$700M +$77.4M +869,442 +14%
RJA
10
Raymond James & Associates
Florida
$689M -$487K -5,470 -0.1%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$608M -$4.5M -50,522 -0.8%
Janney Montgomery Scott
12
Janney Montgomery Scott
Pennsylvania
$597M -$23.6M -265,134 -4%
Truist Financial
13
Truist Financial
North Carolina
$597M -$8.19M -92,026 -1%
Charles Schwab
14
Charles Schwab
California
$488M -$25.3M -284,092 -5%
WA
15
WestEnd Advisors
North Carolina
$448M -$2.78M -31,232 -0.7%
NAM
16
Nissay Asset Management
Japan
$433M
BlackRock
17
BlackRock
New York
$413M +$8.65M +97,152 +2%
GBWM
18
Granite Bay Wealth Management
New Hampshire
$395M -$49.6M -556,646 -11%
FMI
19
Factory Mutual Insurance
Massachusetts
$307M +$107M +1,205,800 +61%
CAPTRUST Financial Advisors
20
CAPTRUST Financial Advisors
North Carolina
$303M +$4.24M +47,644 +2%
AM
21
AGF Management
Ontario, Canada
$279M +$22M +247,670 +9%
JP Morgan Chase
22
JP Morgan Chase
New York
$276M -$1.18M -13,282 -0.5%
Northern Trust
23
Northern Trust
Illinois
$270M +$49.3K +554 +0%
US Bancorp
24
US Bancorp
Minnesota
$266M -$2.15M -24,192 -0.9%
PCH
25
PGIM Custom Harvest
New Jersey
$257M +$71.2M +799,448 +43%

XLK Hedge Fund Activity: Q4 2023 in Review

1,906 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in State Street Technology Select Sector SPDR ETF (XLK) for Q4 2023, worth a combined $35.1B — up 29% from $27.2B a quarter earlier.

Buyers outnumbered sellers: 312 funds opened new XLK positions and 63 closed out — a net gain of 249 holders — while 689 added to existing stakes and 595 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $1.93B. The largest seller was BNP Paribas Financial Markets, cutting an estimated $335M.

  • 1,906 institutional investors held State Street Technology Select Sector SPDR ETF (XLK) as of Q4 2023, up from 1,684 in Q3 2023.
  • Funds reported $35.1B of State Street Technology Select Sector SPDR ETF stock for Q4 2023, up 29% quarter-over-quarter.
  • 312 funds opened new State Street Technology Select Sector SPDR ETF positions in Q4 2023 and 63 closed out, a net change of +249 holders.
  • The largest State Street Technology Select Sector SPDR ETF buyer in Q4 2023 was Morgan Stanley, an estimated $1.93B added.
  • The largest State Street Technology Select Sector SPDR ETF seller in Q4 2023 was BNP Paribas Financial Markets, an estimated $335M sold.

Based on aggregated 13F filings for Q4 2023.